June 30, 2022

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Education

K-12 Online Tutoring Market: 52% of Growth to Originate from APAC | Industry Analysis, Overview, Market Growth, Vendors and Forecast 2025

The market value is set to grow by USD 62.94 million, progressing at a CAGR of 11% from 2020 to 2025, as per the latest report by Technavio

K-12 Online Tutoring Market: Segmentation Analysis

This report extensively covers K-12 online tutoring market segmentation by type (assessments and subjects) and geography (APAC, Europe, North America, South America, and MEA).

The K-12 online tutoring market share growth by the structured tutoring segment will be significant during the forecast period. Various promotional activities by vendors to promote structured tutoring among students and parents will drive the growth of the market segment.

  • Market Share by Geography

52% of the market’s growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for K-12 online tutoring in APAC. Market growth in APAC will be faster than the growth of the market in other regions. The growing demand for test preparation and standardization of competitive tests will facilitate the K-12 online tutoring market growth in APAC over the forecast period. 

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Rising Importance of STEM Education to Drive the Market Growth

The increasing job opportunities in STEM fields have boosted the demand for STEM education. Students must have basic STEM education to prepare for competitive examinations in countries such as India. The number of students enrolling in K-12 online tutoring classes, at the start of their secondary education, is expected to increase in the forthcoming years. The rising competition in STEM competitive examinations will also boost the demand for K-12 online tutoring. 

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The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • Ambow Education Holding Ltd.
  • Chegg Inc.
  • Club Z! Inc.
  • iTutorGroup
  • Pearson Plc
  • Providence Equity Partners LLC
  • Stride Inc.
  • TAL Education Group
  • Think and Learn Pvt. Ltd.
  • Vedantu Innovations Pvt. Ltd.

The K-12 online tutoring market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Download Our Report for more vendor insights with latest product offerings & news

Related Reports Include:

Test Preparation Market in the US by Learning Model, End-user, and Product – Forecast and Analysis 2022-2026: The test preparation market share in the US is expected to increase by USD 11.93 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.39%. To get more exclusive research insights: Download Our Sample Report

Test Preparation Market in India by Product, End-user, and Learning Method – Forecast and Analysis 2022-2026: The test preparation market share in India is expected to increase by USD 9.07 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 15.02%. To get more exclusive research insights: Download Our Sample Report

K-12 Online Tutoring Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 11.21%

Market growth 2021-2025

$ 62.94 million

Market structure

Fragmented

YoY growth (%)

11.06

Regional analysis

APAC, Europe, North America, South America, MEA, APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 52%

Key consumer countries

China, India, US, UK, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Ambow Education Holding Ltd., Chegg Inc., Club Z! Inc., iTutorGroup, Pearson Plc, Providence Equity Partners LLC, Stride Inc., TAL Education Group, Think and Learn Pvt. Ltd., and Vedantu Innovations Pvt. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization preview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Structured tutoring – Market size and forecast 2020-2025
  • On-demand tutoring – Market size and forecast 2020-2025
  • Market opportunity by Type

Market Segmentation by Course type

  • Market segments
  • Comparison by Course type
  • Assessments – Market size and forecast 2020-2025
  • Subjects – Market size and forecast 2020-2025
  • Market opportunity by Course type

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Ambow Education Holding Ltd.
  • Chegg Inc.
  • Club Z! Inc.
  • iTutorGroup
  • Pearson Plc
  • Providence Equity Partners LLC
  • Stride Inc.
  • TAL Education Group
  • Think and Learn Pvt. Ltd.
  • Vedantu Innovations Pvt. Ltd.

Appendix

  • Scope of the report
  • Research methodology
  • List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio