The private tutoring market in the US is expected to post a CAGR of nearly 8% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report
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Technavio has announced its latest market research report titled private tutoring market in the US 2019-2023 (Graphic: Business Wire)
With the rapid penetration of smartphones and tablets, vendors in the market are increasingly offering online tutoring services. These services are cost-effective compared to conventional tutoring services as they eliminate the charges associated with registration, commission, and tuition. Online tutoring services also provide other benefits such as hassle-free registration, flexibility in scheduling, personalized course content, live discussion forums, and self-paced learning. These advantages coupled with the cost benefits offered by online private tutoring programs are driving the growth of the private tutoring market in the US.
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As per Technavio, the increasing emphasis on microlearning will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.
Private Tutoring Market in the US: Increasing Emphasis on Microlearning
Microlearning segments the learning content into small-sized modules that comprise of video, audio, text, or infographics. This helps users understand a concept under a shorter period. Microlearning also includes quizzes, games, and just-in-time content delivery to improve the learning engagement of users. Many such benefits are encouraging vendors to incorporate microlearning in course content to ensure better understanding and knowledge retention among learners. This trend is expected to boost the growth of the market during the forecast period.
"Rising popularity of mobile applications and connected devices and the rising use of data analytics in tutoring services will further boost market growth during the forecast period," says a senior analyst at Technavio.
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Private Tutoring Market in the US: Segmentation Analysis
This market report segments the private tutoring market in the US by learning method (online learning and blended learning) and course type (curriculum-based learning and test preparation).
The online learning segment led the market in 2018, followed by the blended learning segment. During the forecast period, the online learning segment is expected to maintain its dominance over the market. This is due to the increasing emphasis on STEM education and the growing popularity of personalized learning in the US.
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Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Customer Landscape
Geographical Segmentation
- Geographic comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Vendor classification
- Market positioning of vendors
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.
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