What is Online Tutoring Market?
The flexibility and autonomous learning that online tutoring offers is a major driver of the online tutoring market. Online tutoring is a type of virtual classroom that is conveniently accessible. It is a platform for the exchange of knowledge with which the service provider can generate income in return. Online tutoring offers multiple development opportunities for candidates who are ready to study or enroll in a subject. Online tuition helps the student and the tutor to determine the student's prior knowledge, the level of difficulty for the student and the individual learning progress. Online tutoring reaches the students who are off campus for support and opportunity while they are off campus. It explores the knowledge base from one corner of the world to another and gains knowledge at will. Technical problems are a major challenge for the online tutoring market. Both the student and the tutor must have a secure internet connection with the required internet speed. The lack of access to the equipment required for online tutoring also hinders progress.
The market study is being classified by Type (Structured Tutoring and On-Demand Tutoring), by Application (Pre-primary School, Primary School, Middle School and High School) and major geographies with country level break-up.
Ambow Education Holding (China), China Distance Education (China), New Oriental Education and Technology (China), TAL (Australia), Vedantu (India), iTutorGroup (Taiwan), EF Education First (Switzerland), Chegg (United States), Knewton (United States) and Tokyo Academics (Japan) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Asian Players will contribute to the maximum growth of Global Online Tutoring market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Online Tutoring market by Type, Application and Region.
On the basis of geography, the market of Online Tutoring has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The Availability of Apps and Wearables for Online Tutoring
- Growing Demand for Online Tutoring Due To the Rising Covid-19 Pandemic
- The Growing Importance of Stem Education
- Strong Global Demand for Test Preparation
- Increasing Focus on Language Learning
- Growing Popularity of Online Micro-Learning
- The Personalization of Educational Courses and Enhanced Access to the Tutors
- Standardization of Tests
- The Threat from Open-Source and Private Tutoring
- Data Security and Privacy Issues in Online Tutoring
- The Technological Advancements Are Predicted To Boost the Connectivity between the Tutor and The Student
- Increased Digitalization of Education Material
- Difficulties in Developing and Distributing Digital Content
Key Target AudienceProviders of Online Tutoring, End-Users, Potential Investors, Market Research Firms and Others
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