Set to grow by USD 132.21 billion during 2020-2024, Technavio’s latest market research report estimates the online tutoring market to register a CAGR of over 15%. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Online Tutoring Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ambow Education Holding Ltd., ArborBridge Inc., Chegg Inc., China Distance Education Holdings Ltd., Club Z! Inc., iTutorGroup, New Oriental Education & Technology Group, Pearson Plc, TAL Education Group, and Vedantu Innovations Pvt. Ltd. are some of the major market participants. The growing importance of STEM education will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Online Tutoring Market 2020-2024: Segmentation
Online Tutoring Market is segmented as below:
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Online Tutoring Market 2020-2024: Vendor Analysis and Scope
To help businesses improve their market position, the online tutoring market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Ambow Education Holding Ltd., ArborBridge Inc., Chegg Inc., China Distance Education Holdings Ltd., Club Z! Inc., iTutorGroup, New Oriental Education & Technology Group, Pearson Plc, TAL Education Group, and Vedantu Innovations Pvt. Ltd.
The report also covers the following areas:
Online Tutoring Market size
Online Tutoring Market trends
Online Tutoring Market industry analysis
Market trends such as the use of apps and wearables for online tutoring are likely to emerge as one of the primary drivers of the market. However, factors such as data security and privacy issues in the online tutoring industry may threaten the growth of the market.
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Backed with competitive intelligence and benchmarking, our research reports on the online tutoring market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Online Tutoring Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist online tutoring market growth during the next five years
Estimation of the online tutoring market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the online tutoring market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of online tutoring market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five force summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Courses
Comparison by Courses
STEM - Market size and forecast 2019-2024
Language courses - Market size and forecast 2019-2024
Other courses - Market size and forecast 2019-2024
Market opportunity by Application
APAC - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Ambow Education Holding Ltd.
China Distance Education Holdings Ltd.
Club Z! Inc.
New Oriental Education & Technology Group
TAL Education Group
Vedantu Innovations Pvt. Ltd.
Scope of the report
Currency conversion rates for US$
List of abbreviations
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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