Latin America Online Tutoring Services Market Size & Outlook
Latin America online tutoring services market, 2018-2030 (US$M)
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Latin America online tutoring services market highlights
- The Latin America online tutoring services market generated a revenue of USD 637.3 million in 2023.
- The market is expected to grow at a CAGR of 16.6% from 2024 to 2030.
- In terms of segment, on-demand tutoring was the largest revenue generating tutoring type in 2023.
- On-Demand Tutoring is the most lucrative tutoring type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 637.3 million |
| Market revenue in 2030 | USD 1,870.2 million |
| Growth rate | 16.6% (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 |
| Key market players worldwide | Ambow Education Holding Ltd ADR, Chegg Inc, Nerdy Inc Ordinary Shares - Class A, ArborBridge, Magic Ears, BYJU'S, Club Z! In-Home Tutoring, ITutorGroup, Qkids, Vedantu |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.1% of the global online tutoring services market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,157.3 million by 2030.
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Online Tutoring Services Market Scope
Online Tutoring Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America online tutoring services market outlook
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 75.79% in 2024. Horizon Databook has segmented the Latin America online tutoring services market based on structured tutoring, on-demand tutoring covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of online tutoring services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America online tutoring services market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America online tutoring services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America online tutoring services market size, by country, 2018-2030 (US$M)
Latin America Online Tutoring Services Market Outlook Share, 2024 & 2030 (US$M)
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