North America and Europe online tutoring services market projected to fuelling due to the rising demand for online tutoring support for test preparation services
North America and Europe online tutoring services market expected to grow with a healthy CAGR over the forecast period, 2020-2027. The growth of the market can be attributed to the rising demand by schools and higher studies institutes to deliver educational information to the students and provides students with the advantage of convenience. Additionally, the increasing competition and surging demand for excelling in entrance exams for higher education will boost the industry growth. Further, the expansion in the awareness about online tutoring services and the launch of distance learning courses in many universities will foster North America and Europe's online tutoring services market size. Additionally, the advent of new technologies, such as the ever-increasing capabilities of smartphones and tablet devices, which provide new avenues for businesses to promote tutoring services along with the increasing number of colleges and students are anticipated to enhance the market growth over the next few years.
With the improvement of people's family education income level, parents pay more and more attention to education. These factors anticipated influencing the North America and Europe online tutoring services market share in the future periods. Online education driven by mobile Internet and AI technology is giving education providers a lot of changes on the supply side, and with the penetration and development of online education in recent years. Online teaching has, in turn, experienced various formats from live broadcast/recording broadcast to one-to-one live broadcast to the small class live broadcast. Moreover, technological advances such as interactive whiteboards (IWBs), augmented reality (AR), and virtual reality (VR), and virtual learning will complement the industry growth. Also, the growing demand for online tutoring services for providing a pre-prep solution and training solution for working professionals will foster the growth of North America and Europe's online tutoring services market. Recently, the outbreak pandemic, COVID-19, has provided an opportunity for schools and higher studies institutes to adopt the application of online tutoring services to continue the academic calendar.
Product Overview in the North America and Europe Online Tutoring Services Market
Based on the product, North America and Europe online tutoring services market classified into test preparation service, subject tutoring service, certification preparation, corporate training, and others. The test preparation service captured the highest market share in North America and Europe online tutoring services market in 2019 and will continue its dominance by 2027. It is attributable to helping students to get into high school, college, or graduate school and offer efficiently and effectively learning pathways.
End-User Overview in the North America and Europe Online Tutoring Services Market
Based on end-user, North America and Europe online tutoring services market segregated into higher education institutes, k-12 schools, and working professionals. The higher education institutes held for the highest revenue in 2019 due to the growing adoption of online tutoring services for providing virtual training, improve student performance along with the surge in adoption of online services for taking the test to get admission in higher education.
Regional Overview in the North America and Europe online tutoring services market
By geography, North America accounted for maximum revenue share in 2019, owing to the presence of keys players in the region, and personalization of educational courses and increased access to teachers along with online tutoring provides access to students for international courses. Additionally, the rising adoption for online tutoring with increased interest of students for specialization and higher education will boom the North America online tutoring services market.
North America and Europe Online Tutoring Services Market: Competitive Landscape
Companies such as ArborBridge Inc., BenchPrepm Chegg Inc., Club Z! Inc., Fleet Education Services Ltd., Graham Holdings Co., Pearson Plc, TutaPoint.com LLC, Tutor.com Inc., Zovio Inc., Gojimo, Tutorhub, and learn4good are the key players in the North America and Europe online tutoring services market.
North America and Europe Online Tutoring Services Market
Report Content
1. Research Strategic Development
1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation
2. Research Methodology
2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation
3. Executive Summary
4. Market Insights
4.1. Economic Factor Analysis
4.1.1. Drivers
4.1.2. Trends
4.1.3. Opportunities
4.1.4. Challenges
4.2. Technological Landscape
4.3. Competitors & Product Analysis
4.4. Regulatory Framework
4.5. Company market share analysis, 2019
4.6. Porter's Five forces analysis
4.7. New Investment Analysis
4.8. PESTEL Analysis
5. North America and Europe Online Tutoring Services Market Overview
5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.2. Market Share & Forecast, 2016-2027
5.2.1. By Product
5.2.1.1. Test Preparation Service
5.2.1.2. Subject Tutoring Service
5.2.1.3. Certification Preparation
5.2.1.4. Corporate Training
5.2.1.5. Others
5.2.2. By End-User
5.2.2.1. Higher Education Institutes
5.2.2.2. K-12 Schools
5.2.2.3. Working Professionals
5.2.2.4. Others
5.2.3. By Region
5.2.3.1. North America
5.2.3.2. Europe
6. North America Online Tutoring Services Market Overview
6.1. North America Online Tutoring Services Market Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.2. North America Online Tutoring Services Market Share & Forecast, 2016-2027
6.2.1. By Product
6.2.1.1. Test Preparation Service
6.2.1.2. Subject Tutoring Service
6.2.1.3. Certification Preparation
6.2.1.4. Corporate Training
6.2.1.5. Others
6.2.2. By End-User
6.2.2.1. Higher Education Institutes
6.2.2.2. K-12 Schools
6.2.2.3. Working Professionals
6.2.2.4. Others
6.2.3. By Country
6.2.3.1. US
6.2.3.2. Canada
6.2.3.3. Mexico
6.2.4. Price Point Analysis
6.2.5. Company Market Share (Top 3-5)
6.2.6. Economic Impact Study on North America Online Tutoring Services Market
7. Europe Online Tutoring Services Market Overview
7.1. Europe Online Tutoring Services Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.2. Europe Online Tutoring Services Market Share & Forecast, 2016-2027
7.2.1. By Product
7.2.1.1. Test Preparation Service
7.2.1.2. Subject Tutoring Service
7.2.1.3. Certification Preparation
7.2.1.4. Corporate Training
7.2.1.5. Others
7.2.2. By End-User
7.2.2.1. Higher Education Institutes
7.2.2.2. K-12 Schools
7.2.2.3. Working Professionals
7.2.2.4. Others
7.2.3. By Country
7.2.3.1. Germany
7.2.3.2. UK
7.2.3.3. France
7.2.3.4. Italy
7.2.3.5. Rest of Europe
7.2.4. Price Point Analysis
7.2.5. Company Market Share (Top 3-5)
7.2.6. Economic Impact Study on Europe Online Tutoring Services Market
8. Competitor Analysis
8.1. Company Description
8.2. Financial Analysis
8.3. Key Products
8.4. Key Management Personnel
8.5. Contact Address
8.6. SWOT Analysis
8.7. Company Profile
8.7.1. ArborBridge Inc.
8.7.2. BenchPrepm Chegg Inc.
8.7.3. Club Z! Inc.
8.7.4. Fleet Education Services Ltd.
8.7.5. Graham Holdings Co.
8.7.6. Pearson Plc
8.7.7. TutaPoint.com LLC
8.7.8. Tutor.com Inc.
8.7.9. Zovio Inc.
8.7.10. Gojimo
8.7.11. Tutorhub
8.7.12. learn4good
8.7.13. Other Prominent Players
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