Global K12 Online Tutoring Market by Type (Pre-Kindergarten, Kindergarten, Primary School, Junior High School, High School), By Application (STEM Courses, Language Courses, Other Courses) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global K12 online tutoring market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for online tutoring services from students across the globe, rising focus on STEM courses, and growing popularity of language courses. In addition, technological advancements in the education sector are also contributing to the growth of this market. However, lack of awareness about online tutoring services among parents and students is restraining the growth of this market. Based on type, pre-kindergarten segment is expected to account for a major share in terms of revenue in 2018 and is projected to grow at a CAGR of 11% during the forecast period from 2018-2030. This can be attributed to increasing number Pre-Kindergarten programs being offered by schools globally coupled with rising demand for supplemental education services among children aged 3-5 years old. In terms revenue contribution by region North America accounted for majority share followed by Europe.



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Product Definition:

K12 online tutoring is a type of tutoring that takes place over the internet. It can be done with or without video chat, and it can be tailored to meet the needs of students at any grade level. K12 online tutoring is important because it allows students to get help with their schoolwork from anywhere in the world, and it can be customized to fit their individual needs.

Pre-Kindergarten:

Pre-kindergarten (PK) is a educational term that refers to the first grade of public school. PK education aims at providing an environment in which children can learn basic literacy, mathematics, and other skills necessary for starting Kindergarten (K). The Pre-Kindergarten students are usually from low-income families and lack of early childhood education has been found to be one of the major reasons for dropping out of high school.

Kindergarten:

Kindergarten is a group of early childhood education. It's primary purposes are to develop basic literacy, language, and social skills as well as provide learning about different cultures and lifestyles. Kindergartners also learn how to play with other children without adult supervision. The average starting age of kindergarten is 5 years old however it varies depending on the local education board regulations in each country.

Application Insights:

The other courses application segment dominated the global K12 online tutoring market in 2017, accounting for over 60% of the revenue share. This is attributed to growing demand for flexible and convenient education solutions among a wide range of students from all around the world. The rising need for professional development among teachers has also positively influenced growth in this segment.

STEM courses are expected to be one of the fastest-growing segments during forecast years, owing to increasing government initiatives and investments in order to improve science, technology, engineering and mathematics (STEM) education across schools globally.

Regional Analysis:

North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of prominent online tutoring companies such as Chegg Inc., and Kaplan, Inc. These companies are offering various online learning programs for different grades and subjects which include SAT prep course, language courses, math courses for high school students, etc. In addition to this, these companies are also providing live chat sessions where a tutor will help the student with homework or provide extra help during class hours. This helps in covering up more ground material in a shorter time span which is highly beneficial for college admission tests as well as standardized exams like SAT/ACT/SAT Subject Tests or Language Aptitude Tests (LAT).

Growth Factors:

Increasing demand for supplemental education: With the increasing competition in today's job market, students are under more pressure than ever to perform well academically. This has led to a growing demand for supplemental education services, such as online tutoring, which can help students improve their academic performance and boost their chances of getting into a good college or university.
Rising popularity of e-learning: Thanks to advances in technology, more and more people are now choosing to learn online instead of in traditional classrooms. This is particularly true for younger generations who are comfortable with using digital devices and apps for learning purposes. As a result, the K12 online tutoring market is expected to grow at a fast pace over the next few years.
Growing number of working professionals and parents seeking supplementary education: A large number of working professionals and parents now realize that supplementary education is essential if they want their children to be successful academically. In addition, many parents find that online tutoring is an affordable way to get additional help for their children without having to leave home or spend a lot of money on tuition fees charged by traditional schools or tutor agencies/companies .


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Scope Of The Report
Report Attributes
Report Details
Report Title
K12 Online Tutoring Market Research Report
By Type
Pre-Kindergarten, Kindergarten, Primary School, Junior High School, High School
By Application
STEM Courses, Language Courses, Other Courses
By Companies
Omega Learning Center, The Tutoring Center, GradePower Learning, Huntington Learning Centers, JEI Learning Centers, Sylvan Learning, Tutor Doctor, Mathnasium Learning Centers, Eye Level Learning, Kumon, Neworiental, Tomorrow Advancing Life
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.

Global K12 Online Tutoring Market Report Segments:
The global K12 Online Tutoring market is segmented on the basis of:
Types
Pre-Kindergarten, Kindergarten, Primary School, Junior High School, High School
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
STEM Courses, Language Courses, Other Courses
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Omega Learning Center
The Tutoring Center
GradePower Learning
Huntington Learning Centers
JEI Learning Centers
Sylvan Learning
Tutor Doctor
Mathnasium Learning Centers
Eye Level Learning
Kumon
Neworiental
Tomorrow Advancing Life



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Highlights of The K12 Online Tutoring Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Pre-Kindergarten
Kindergarten
Primary School
Junior High School
High School
By Application:
STEM Courses
Language Courses
Other Courses
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the K12 Online Tutoring Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
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8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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