Report ID: SQMIG25R2012
Report ID:
SQMIG25R2012 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
64 |
Figures:
76
Private Tutoring Market size was valued at USD 70.58 billion in 2019 and is poised to grow from USD 77.01 billion in 2023 to USD 129.47 billion by 2031, growing at a CAGR of 8.97% in the forecast period (2024-2031).
Students from schools or institutes outside the traditional education system receive one-to-one academic support from private tutors. Creating a personalized approach and trying to keep up with them, helps students maintain their studies with fewer distractions, promotes intrinsic motivation and improves performance.
The societal ladder to progress in one's professional and personal life is thought to be education. More career opportunities, higher compensation, and a higher social position are all associated with higher education. As a result, parents are investing a lot of money in their kids' education, which includes private tutoring or private extracurricular tutoring, which is quickly becoming a significant trend in the global education system. Urban areas use private tutoring services more frequently than rural ones.
Future demand for private tutoring will probably be driven by children's heightened competition for admission to elite schools. Parents are eagerly enrolling their kids in private school as a result of the growth in income to better meet their kids' educational demands.
US Private Tutoring Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONPrivate Tutoring Market size was valued at USD 70.58 billion in 2019 and is poised to grow from USD 77.01 billion in 2023 to USD 129.47 billion by 2031, growing at a CAGR of 8.97% in the forecast period (2024-2031).
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Report ID: SQMIG25R2012