Global Online Tutoring Market Trends And Strategies Of Major Players In The Online Tutoring Market 2021-2030
13 Dec, 2021
Global Online Tutoring Market Size And Drivers:
The global online tutoring market is expected to grow from $1.44 billion in 2020 to $1.63 billion in 2021 at a compound annual growth rate (CAGR) of 13.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The online tutoring market is expected to reach $2.90 billion in 2025 at a CAGR of 15%. The increasing demand for e-learning due to the impact of COVID-19 is driving the growth of the online tutoring market.
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Trends In The Global Online Tutoring Market
Companies in the online tutoring market are increasingly investing in trends such as gamification for better user engagement. Gamification in e-learning and online tutoring is expected to inspire a game-like reaction and engagement among learners. This results in improved information retention, motivation and increased productivity. For instance, in June 2020, Byju's, an India-based educational technology and online tutoring company, introduced Disney BYJU’S Early Learn app for Android and iOS, which involves gamification strategies. Other online tutoring companies such as Class Dojo and rainscape have also invested in gamification.
Global Online Tutoring Market Segments:
The global online tutoring market is further segmented –
By Type: STEM Courses, Language Courses, Other Courses
By Application: K-12, College Students, In-Service Education, Others
By Sales Channel Type: Private Coaching, International Organizations And Associations, Educational Institutes, Others
By Geography: The global online tutoring market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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https://www.thebusinessresearchcompany.com/report/online-tutoring-global-market-report-2020-30-covid-19-growth-and-changeOnline Tutoring Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides online tutoring market overviews, analyzes and forecasts market size and growth for the global online tutoring market, online tutoring market share, online tutoring market players, online tutoring market segments and geographies, online tutoring market’s leading competitors’ revenues, profiles and market shares. The online tutoring market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.