K-12 Online Tutoring Market Size, Demand, Segmentation, Companies and Trends 2023-2028: The Future of Learning
The report has segmented the global k-12 online tutoring market based on type insights, application insights and regional insights.
BROOKLYN, NY, USA, October 26, 2023 /EINPresswire.com/ — IMARC Group has recently released a new research study titled “K-12 Online Tutoring Market by Type (Primary School, Pre-Kindergarten, Junior High School, Kindergarten, High School), Application (English Courses, STEM Courses, Language Courses, and Others), and Region 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
What is the size and growth rate of K-12 online tutoring market?
The global K-12 online tutoring market size reached US$ 4.57 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.81 Billion by 2028, exhibiting a growth rate (CAGR) of 15.09% during 2023-2028.
What is K-12 online tutoring industry?
K-12 online tutoring is a mode of education in which students from kindergarten through 12th grade receive personalized academic assistance via the internet. It is highly flexible, allowing students to schedule sessions at convenient times and even access on-demand help. The one-on-one format facilitates tailored instruction that caters to individual learning styles and needs.
Advanced technologies such as interactive whiteboards, video conferencing, and adaptive learning software are often employed to enhance the educational experience. These features enable real-time feedback, foster active participation, and provide a rich repository of resources for continuous learning.
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What factors are influencing, limiting, and providing potential for growth in the global K-12 online tutoring industry?
The rising demand for quality education and personalized learning experiences represents one of the key factors driving the growth of the K-12 online tutoring market. Moreover, the proliferation of digital platforms and the increasing investment in educational technology, are acting as major growth inducing factors. In addition to this, the rising interest in STEM (science, technology, engineering and mathematics) subjects, languages, and test preparation services has accentuated the significance of flexible learning platforms, thus propelling the market growth.
Besides this, the increasing awareness of the educational gaps and disparities that traditional schooling can sometimes perpetuate has led to an upsurge in demand for more equitable and customizable tutoring methods. In line with this, educational institutions and parents are aiming to enhance academic performance and college readiness, they are increasingly turning to reliable and interactive online tutoring services, thereby boosting the market growth.
Coupled with this, the integration of innovative technologies such as artificial intelligence, adaptive learning algorithms, and real-time interactive platforms is bolstering the market growth. Furthermore, government initiatives aimed at improving education standards and promoting equal access to quality learning resources are creating a positive market outlook worldwide.
Who are the key players operating in the K-12 online tutoring industry?
K-12 Online Tutoring Companies:
Some of the companies covered include Ambow Education Holding, Beijing Magic Ears Technology, BYJU’S, Chegg Inc., Club Z! Inc., eTutorWorld, ITutorGroup, Pearson Plc, Qkids Teacher, Stride Inc., TAL Education Group, Varsity Tutors, Vedantu, etc.
Detailed profiles of all major companies have also been provided.
K-12 Online Tutoring Market Segmentation:
The report has segmented the market into the following categories:
Type Insights:
• Primary School
• Pre-Kindergarten
• Junior High School
• Kindergarten
• High School
Application Insights:
• English Courses
• STEM Courses
• Language Courses
• Others
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
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Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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