Analysis on Impact of COVID-19: K-12 Online Tutoring Market 2019-2023 | Importance of STEM Education to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the K-12 online tutoring market and it is poised to grow by $ 60.03 bn during 2019-2023, progressing at a CAGR of almost 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report of 2020-2024

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ambow Education Holding Ltd., China Distance Education Holdings Ltd., iTutorGroup, TAL Education Group, and Vedantu Innovations Pvt. Ltd. are some of the major market participants. The importance of STEM education will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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K-12 online tutoring market 2019-2023: Segmentation

K-12 online tutoring market is segmented as below:

  • Type
  • Geographic Landscape

    • APAC
    • Europe
    • MEA
    • North America
    • South America

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K-12 online tutoring market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The K-12 online tutoring market report covers the following areas:

  • K-12 online tutoring market Size
  • K-12 online tutoring market Trends
  • K-12 online tutoring market Industry Analysis

This study identifies the growing popularity of online microlearning as one of the prime reasons driving the K-12 online tutoring market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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K-12 online tutoring market 2019-2023: Key Highlights

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will assist K-12 online tutoring market growth during the next five years
  • Estimation of the K-12 online tutoring market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the K-12 online tutoring market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of K-12 online tutoring market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: CUSTOMER LANDSCAPE

PART 07: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2018-2023
  • Europe – Market size and forecast 2018-2023
  • North America – Market size and forecast 2018-2023
  • South America – Market size and forecast 2018-2023
  • MEA – Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 08: MARKET SEGMENTATION BY TUTORING TYPE

  • Market segmentation by tutoring type
  • Comparison by tutoring type
  • Structured tutoring – Market size and forecast 2018-2023
  • On-demand tutoring – Market size and forecast 2018-2023
  • Market opportunity by tutoring type

PART 09: MARKET SEGMENTATION BY COURSE TYPE

  • Market segmentation by course type
  • Comparison by course type
  • Assessments – Market size and forecast 2018-2023
  • Subjects – Market size and forecast 2018-2023
  • Market opportunity by course type

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Growing popularity of online microlearning
  • Apps and wearables in online tutoring
  • Standardization of tests

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Ambow Education Holding Ltd.
  • China Distance Education Holdings Ltd.
  • iTutorGroup
  • TAL Education Group
  • Vedantu Innovations Pvt. Ltd.

PART 15: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 16: EXPLORE TECHNAVIO

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