The global private tutoring market size is expected to reach USD 187.30 billion by 2030, according to a new study by Polaris Market Research. The report “Private Tutoring Market Share, Size, Trends, Industry Analysis Report, By Subjects; By Application; By Mode; By Course Type (Curriculum-Based Learning, Test Preparation Carrier-Based, STEM); By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growing number of participants in competitive exams is driving the private tutoring industry growth during the forecast period. For instance, according to the Global Education Census Report 2018, private tutoring or coaching outside of class hours is now popular around the world: four in ten students (43%) assume they have a private tutor or trainer outside of school time, continuing to rise to more than five in ten in China (57%) and India (55%) - but starting to fall to just one in ten in the United States.
Also, the Global Education Report published in 2020 by the United Nations Educational, Scientific, and Cultural Organization (UNESCO) offers an in-depth examination of critical factors influencing learner exclusion in educational systems worldwide, such as background, identity, and skill. It identifies an increase in exclusion during the COVID-19 pandemic and forecasts that approximately 40% of low and lower-middle-income nations did not support poorer kids during temporary school closures.
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Additionally, some 15% of parents in Germany and 59% in Hong Kong, China, were concerned that kids with disabilities would disrupt the learning of others. Parents of disabled individuals wish to send their children to schools that ensure their well-being and meet their needs. In Queensland, Australia, 37% of students in schools had left conventional institutions. Thus, governmental organizations support students whose education gets disrupted during the pandemic.
Increased student competition has resulted in a greater demand for private tutoring, which will drive market growth. The increasing difficulty of level entrance exams administered by prestigious schools or universities may create lucrative positions for this market. Furthermore, increasing parental expectations for better academic performance from their young kids will accelerate market growth. Furthermore, raising learning awareness in developing countries will allow for the market's rapid expansion.
In February 2022, TutorMe, the potential online tutoring solution, and Richland School District Two formed a partnership to provide more than 28,000 K-12 students with extra access to TutorMe's online 24/7 tutoring provider during the 2021-2022 school year.
Polaris Market Research has segmented the private tutoring market report based on subjects, application, mode, course type, and region:
Private Tutoring, Subjects Outlook (Revenue - USD Million, 2018 - 2030)
Private Tutoring, Application Outlook (Revenue - USD Million, 2018 - 2030)
Private Tutoring, Mode Outlook (Revenue - USD Million, 2018 - 2030)
Private Tutoring, Course Type Outlook (Revenue - USD Million, 2018 - 2030)
Private Tutoring, Regional Outlook (Revenue - USD Million, 2018 - 2030)