Technavio has been monitoring the private tutoring market in US and it is poised to grow by USD 6.26 billion during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Private Tutoring Market in US 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Chegg Inc., Club Z! Inc., Growing Stars Inc., Huntington Mark LLC, John Wiley & Sons Inc., MindLaunch Coaching, Pearson Plc, Sylvan Learning LLC, Varsity Tutors LLC, and Wyzant Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Emphasis on STEM education has been instrumental in driving the growth of the market. However, the availability of open-source material might hamper market growth.
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Private tutoring market in US 2020-2024: Segmentation
Private tutoring market in US is segmented as below:
Private tutoring market in US 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The private tutoring market in US report covers the following areas:
Private tutoring market in US Size
Private tutoring market in US Trends
Private tutoring market in US Industry Analysis
This study identifies increasing emphasis on microlearning as one of the prime reasons driving the Private tutoring market growth in US during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Private tutoring market in US 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist private tutoring market growth in US during the next five years
Estimation of the private tutoring market size in US and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the private tutoring market in US
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of private tutoring market vendors in US
Table of Contents:
Value chain analysis
Five Forces Analysis
Market Segmentation by Type
Comparison by Type
Curriculum-based learning – Market size and forecast 2019-2024
Test preparation – Market size and forecast 2019-2024
Market opportunity by Type
Market Segmentation by Learning method
Comparison by Learning method
Online learning – Market size and forecast 2019-2024
Blended learning – Market size and forecast 2019-2024
Market opportunity by Learning method
Volume Drivers- Demand led growth
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201005005966/en/
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