Online Tutoring Services Market in the US 2018-2022

MRC Announces the Publication of its Research Report – Online Tutoring Services Market in the US 2018-2022

MRC recognizes the following companies as the key players in the online tutoring services market in the US: Chegg Inc, Fleet Education Services, Kaplan, Pearson, TutaPoint.com, Tutor.com

Commenting on the report, an analyst from MRC’s team said: “The growing customization of tutoring services will be a key trend driving the growth of the market. Vendors are steadily offering customized and tailored courses according to the student needs. These vendors offer various learning tools with differentiated instructions that engage the students completely.

According to the report, the increase in tutoring support for test preparation service will drive the market growth. Students preparing for competitive entrance exams use the blended learning approach and access various massive open online courses (MOOCs) and subscription-based online platforms. Technology advancements improved the availability of test preparation services to students by offering customized courses at affordable fees.

Further, the report states that the lack of personal connection with students will impact the market growth. Online tutoring services are provided through the Internet, that lack the in-person communication between the tutor and the students. Also, faulty Internet connection may result in abrupt and incomplete tutoring sessions that hampers the learning process.

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The market is expected to grow at a CAGR of 8.78%

About online tutoring services

Online tutoring services is the process of tutoring through the Internet or a networked environment, wherein the teachers and the students are connected in a virtual environment.
MRC’s analysts forecast the Global online tutoring services market in the US to grow at a CAGR of 7.53% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the online tutoring services market in the US. To calculate the market size, the report considers the revenue and growth generated by end-users such as pre-K and K-12 higher education learners, and by products such as test preparation service and subject tutoring service.

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Some points from TOC:-

PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Market outline
PART 05: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 06: MARKET SIZING
Market definition
Market sizing 2017
Market size and forecast 2017-2022
PART 07: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 08: MARKET SEGMENTATION BY PRODUCT
Segmentation by product
Comparison by product
Test preparation service – Market size and forecast 2017-2022
Subject tutoring service – Market size and forecast 2017-2022
Market opportunity by product
PART 09: CUSTOMER LANDSCAPE
PART 10: MARKET SEGMENTATION BY END-USER
Segmentation by end-user
Comparison by end-user
Higher education institutes – Market size and forecast 2017-2022
K-12 schools – Market size and forecast 2017-2022
Market opportunity by end-user
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 13: MARKET TRENDS
Growing customization of tutoring services
Increase in M&A
Rise in vendor collaboration with institutions

……………….Continued

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