According to Fortune Business Insights, the global private tutoring market size, valued at USD 57.92 billion in 2023, is projected to reach USD 62.08 billion in 2024 and grow significantly to USD 132.21 billion by 2032, registering a robust CAGR of 9.91%. Asia Pacific dominated the private tutoring market share in 2023 with a commanding 58.63, while the U.S. market is expected to hit USD 15.74 billion by 2032, fueled by rising academic competition. This market expansion is driven by growing educational awareness, the importance of literacy, and increasing adoption of tech-enabled online tutoring tools like animations, 3D visuals, and interactive content.

List of Key Players Present in the Report:

• Chegg, Inc. (U.S.)
• Mathnasium LLC (U.S.)
• Educomp Solutions Ltd. (India)
• Sylvan Learning, LLC (U.S.)
• Daekyo Co., Ltd. (South Korea)
• Kumon Institute of Education Co., Ltd. (Japan)
• Kaplan Inc. (U.S.)
• Action Tutoring (U.K.)
• Varsity Tutors (U.S.)
• Tutors International (U.K.)

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Segments

Growing Popularity of Classroom Tutoring to Aid Offline Segment Growth

By mode, the market is segmented into offline and online. The offline mode segment is projected to hold a major private tutoring market share during the forecast period. The growth is attributed to the high popularity of group tutoring, classroom tutoring, or home tutoring over the years.

Rising Parental Pressures on School Children to Augment Up-to K-12 Segment Growth

Based on application, the market is divided into up-to K-12 and post k-12. The up-to K-12 segment is dominating the segment. The increasing pressure from parents on children in 10 to 12 age groups due to their busy schedules and long working hours increases the demand for private tutors, driving segment growth.

Academic Subjects Segment to Grow Due to Increasing Need to Pass Examinations