Market revenue in 2023 | USD 8,967.5 million |
Market revenue in 2030 | USD 23,725.5 million |
Growth rate | 14.9% (CAGR from 2023 to 2030) |
Largest segment | On-demand tutoring |
Fastest growing segment | On-Demand Tutoring |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Structured Tutoring, On-Demand Tutoring |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to online tutoring services market will help companies and investors design strategic landscapes.
On-demand tutoring was the largest segment with a revenue share of 77.01% in 2024. Horizon Databook has segmented the Global online tutoring services market based on structured tutoring, on-demand tutoring covering the revenue growth of each sub-segment from 2018 to 2030.
The on-demand tutoring type offers a personalized platform, which helps students progress based on their capabilities and pace. Furthermore, on-demand tutoring combined with analytics applications helps tutors and content providers obtain real-time information on the learner's progress. Thus, the rapidly growing adoption of customized online tutoring triggers the online tutoring market's growth positively. Also, on-demand live sessions via videoconferencing are attributing to the growing prominence of online teaching sessions.
Furthermore, the COVID-19 outbreaks have fueled the demand for personalized learning methods. For instance, in December 2020, Chegg, Inc., an American education technology company, reported that the shift to remote and personalized learning sparked an exponential surge in its business in 2020 due to the coronavirus pandemic.
Horizon Databook provides a detailed overview of global-level data and insights on the Global online tutoring services market , including forecasts for subscribers. This global databook contains high-level insights into Global online tutoring services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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