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Private Tutoring Market Size
- Report ID: GMI5155
- Published Date: Nov 2021
- Report Format: PDF
Private Tutoring Market Size
Private Tutoring Market size exceeded USD 90 billion in 2020 and is projected to expand at over 5% CAGR from 2021 to 2027. The growing number of students appearing in various competitive exams such as engineering and medical entrance exams resulting in increased competition will fuel the industry growth. Private tutoring is witnessing demand for cost-effective programs that addresses the knowledge gap in students.
The outbreak of the coronavirus (COVID-19) has severely collapsed the economic activity in FY2020. The pandemic has moderately impacted the private tutoring industry as schools, and universities implemented remote learning practices during the lockdown period, resulting in the need for online personalized tutoring services. Additionally, the growing purchasing power, and awareness regarding the importance of the education is fueling the market demand in the developing and under developing regions such as Latin America and Africa. However, pandemic negatively impacted the offline mode of private tutoring.
| Report Attribute | Details |
|---|---|
| Base Year: | 2020 |
| Private Tutoring Market Size in 2020: | 90 Billion (USD) |
| Forecast Period: | 2021 to 2027 |
| Forecast Period 2021 to 2027 CAGR: | 5% |
| 2027 Value Projection: | 140 Billion (USD) |
| Historical Data for: | 2017 to 2020 |
| No. of Pages: | 250 |
| Tables, Charts & Figures: | 285 |
| Segments covered: | Type, mode, end user, payment model and region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Private Tutoring Market Scope
