Dublin, March 27, 2024 (GLOBE NEWSWIRE) -- The "Private Tutoring Market Report by Learning Method, Course Type, Application, End User, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
The global private tutoring market size reached US$ 115.5 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 231.6 Billion by 2032, exhibiting a growth rate (CAGR) of 8.0% during 2023-2032. The rising competition faced by students, the lack of adequate educational infrastructure, and innovative technological advancements in the industry represent some of the key factors driving the market. 
Private tutoring, also known as supplemental education, is a structured set of instructive activities conducted outside of school or at other educational institutions. It is offered separately from the mainstream education system to improve students' academic performance, test preparation, and extracurricular activities through one-on-one instruction. Private tutoring is available for students of all ages to enhance their reading, writing, mathematical skills, and language acquisition. It can take place in person or online and can be arranged on a regular or on as-needed basis. In addition to this, private tutoring offers a customized approach and learning pace that helps students cope with their academics with fewer distractions, improved intrinsic motivation, and better performance in school.
Private Tutoring Market Trends:
The growing educational standards and rising competition for admissions across the globe represent the key factor driving the market growth. Students are seeking private tuition that offers personalized instruction and tailored learning plans to help students gain a competitive edge and excel academically. Moreover, the shifting preference for personalized and adaptive microlearning due to its ability to provide concise and relevant content that addresses knowledge gaps in students is presenting remunerative growth opportunities for the market. Apart from this, the introduction of cost-effective online tutoring programs due to the expanding digitization across the education industry and the increasing use of smartphones and tablets is propelling the market growth. In addition to this, rapid urbanization, the growing competition faced by students, and the intensifying need to excel are urging the widespread adoption of online private tutoring due to the convenience and multi-utility features of the medium, which is contributing to the market growth. Furthermore, innovative technological advancements, such as the integration of artificial intelligence (AI), virtual reality (VR), and gamification systems that have made delivering course content more convenient, are acting as significant growth-inducing factors.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global private tutoring market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on learning method, course type, application and end user.
Learning Method Insights:
- Online
- Blended
- Others
The report has provided a detailed breakup and analysis of the private tutoring market based on the learning method. This includes online, blended, and others.
Course Type Insights:
- Curriculum-Based Learning
- Test Preparation
- Others
A detailed breakup and analysis of the private tutoring market based on the course type has also been provided in the report. This includes curriculum-based learning, test preparation, and others.
Application Insights:
- Academic Training
- Sports Training
- Art Training
- Others
The report has provided a detailed breakup and analysis of the private tutoring market based on the application. This includes the academic, sports, art, and other training. According to the report, academic training represented the largest segment.
End User Insights:
- Pre-School Children
- Primary School Students
- Middle School Students
- High School Students
- College Students
- Others
A detailed breakup and analysis of the private tutoring market based on the end user has also been provided in the report. This includes pre-school children, primary school students, middle school students, high school students, college students, and others.
Companies Featured
- Ambow Education Holding Ltd.
- American Tutor Inc.
- Chegg Inc.
- Club Z! Inc.
- Daekyo Co. Ltd.
- Eduboard.com
- EF Education First
- iTutorGroup Inc.
- Kaplan Inc.
- New Oriental Education & Technology Group Inc
- Tal Education Group
For more information about this report visit https://www.researchandmarkets.com/r/b8uylv
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