Exam Preparation and Tutoring Trends and Forecast
The future of the global exam preparation and tutoring market looks promising with opportunities in the k-12, higher education, and corporate or professional training markets. The global exam preparation and tutoring market is expected to grow with a CAGR of 5.7% from 2024 to 2030. The major drivers for this market are rising demand for distance-learning courses and advancement in technology.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Exam Preparation and Tutoring by Segment
The study includes a forecast for the global exam preparation and tutoring by tutoring type, tutoring style, end use, and region.
Exam Preparation and Tutoring Market by Tutoring Type [Shipment Analysis by Value from 2018 to 2030]:
• Structured Tutoring
• On-Demand Tutoring
Exam Preparation and Tutoring Market by Tutoring Style [Shipment Analysis by Value from 2018 to 2030]:
• Test Preparation Service
• Subject Tutoring Service
Exam Preparation and Tutoring Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• K-12
• Higher Education
• Corporate or Professional Training
Exam Preparation and Tutoring Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Exam Preparation and Tutoring Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies exam preparation and tutoring companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the exam preparation and tutoring companies profiled in this report include-
• Chegg
• Tutor.Com
• Wyzant
• Ambow Education Holding
• Takelessons
• Varsity Tutors
• Preply
Exam Preparation and Tutoring Market Insights
Lucintel forecasts that structured tutoring is expected to witness higher growth over the forecast period.
Within this market, higher education will remain the largest segment.
North America will remain the largest region over the forecast period.
Features of the Global Exam Preparation and Tutoring Market
Market Size Estimates: Exam preparation and tutoring market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Exam preparation and tutoring market size by tutoring type, tutoring style, end use, and region in terms of value ($B).
Regional Analysis: Exam preparation and tutoring market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different tutoring types, tutoring style, end uses, and regions for the exam preparation and tutoring market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the exam preparation and tutoring market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for exam preparation and tutoring market?
Answer: The global exam preparation and tutoring market is expected to grow with a CAGR of 5.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the exam preparation and tutoring market?
Answer: The major drivers for this market are rising demand for distance-learning courses and advancement in technology.
Q3. What are the major segments for exam preparation and tutoring market?
Answer: The future of the exam preparation and tutoring market looks promising with opportunities in the k-12, higher education, and corporate or professional training markets.
Q4. Who are the key exam preparation and tutoring market companies?
Answer: Some of the key exam preparation and tutoring companies are as follows:
• Chegg
• Tutor.Com
• Wyzant
• Ambow Education Holding
• Takelessons
• Varsity Tutors
• Preply
Q5. Which exam preparation and tutoring market segment will be the largest in future?
Answer: Lucintel forecasts that structured tutoring is expected to witness higher growth over the forecast period.
Q6. In exam preparation and tutoring market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the exam preparation and tutoring market by tutoring type (structured tutoring and on-demand tutoring), tutoring style (test preparation service and subject tutoring service), end use (k-12, higher education, and corporate or professional training), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Exam Preparation and Tutoring Market, Exam Preparation and Tutoring Market Size, Exam Preparation and Tutoring Market Growth, Exam Preparation and Tutoring Market Analysis, Exam Preparation and Tutoring Market Report, Exam Preparation and Tutoring Market Share, Exam Preparation and Tutoring Market Trends, Exam Preparation and Tutoring Market Forecast, Exam Preparation and Tutoring Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.