Private tutoring
is a form of supplementary lessons, which content is to help students make up
lessons or impart some professional skills and knowledge beyond the normal
school education. According to its purpose, private tutoring can be divided
into curriculum-based learning and text preparation. Curriculum-based learning or
ability-based learning is a teaching method, usually for learning abstract
learning rather than specific skills. It also refers to an education that can
create the abilities needed to increase productivity. Learning focuses on
results and the actual performance of learners. Test preparation refers to any
educational method whose curriculum focuses on preparing students for
standardized tests. The teaching is to transfer information and then test the
relevant information at the end of the unit. Usually, these tests are designed
to ensure that students remember a series of procedures, not to ensure that
students fully understand what they are doing. In the
actual situation, curriculum-based learning account for the majority, with a
market share of 78.34% in 2019.
Students who need tutoring usually take two forms: online learning and blended learning. Online learning is distance education conducted on the Internet, so it is often referred to as e-learning. Blended learning combines classroom learning with online learning, in which students can, in part, control the time, pace, and place of their learning. Thus it can be seen that blended learning has significant advantages and a wider audience, accounting for 84.52% of the market share in 2019. However, in recent years, with the rapid development of the Internet, the online education market is getting wider and wider. It is expected that the market share of online learning will reach 35.69% by 2025, with an increase of 20.21% compared with 2019.
No matter in terms of the overall industry scale or market activities, the American education industry is developing rapidly to a golden era, which has been paid attention to by the whole country.
Prospect Analysis of the Private Tutoring Industry in Various Regions of the United States
After a period of development, the industry is at a growth stage. With the continuous upgrading of products and the development of technology and economy, the market continues to expand. The private tutoring industry has become a highly competitive market, with low market concentration. In 2019, the top three companies, Chegg Inc., Kaplan and Varsity Tutors LLC, accounted for the market share of 10.47%, with 4.50%, 3.33% and 2.63%, respectively.
Get the Complete Sample, Please Click: https://www.globalmarketmonitor.com/reports/763053-private-tutoring-market-report.html
The western United States is a densely populated area with San Diego-San Francisco downtown on the southwestern Pacific coast of the United States. The area has a high GDP per capita, developed commerce and a large market. The southern United States ranks first in GDP and first in population. It is the region with the most concentrated private tutoring industry. The Midwestern United States owns Chicago, the third largest city in the United States, with 35 cities in the Great Lakes region of North America. Market there has great potential and is expected to grow rapidly in the future. In addition, New York, the most populous city in the United States, is located in the northeastern United States and is undergoing large-scale redevelopment. The urbanization level of this area, the most densely populated area in the United States, exceeds 90%, with strong potential downstream demand. In 2019, the above four regions accounted for 27.67%, 29.50%, 19.12%, and 23.71% of the U.S. private tutoring industry market share, respectively, with relatively balanced development. In the future, the private tutoring industry market in the Midwest and Northeast of the United States will be affected by market demand, so its market share will increase.
United States Private Tutoring Industry Will Develop Steadily
The growth of the private tutoring market is driven by the downstream demand market. With the continuous development of the US economy and the increase in per capita income, parents are eager for their children to receive a better education and require their children to receive extracurricular tutoring in order to provide better conditions for study of their children. Therefore, the market demand of the private tutoring industry continues to grow, which has played a positive role in the expansion of its market. In addition, micro-learning is getting more and more attention, and the growing demand for personalized learning has also promoted the growth of the private tutoring market in the United States.
With the outbreak of COVID-19, in order to realize non-contact education, online education has spread rapidly around the world, and the concept of online education has become popular. In the short term, the demand for online tutoring will increase substantially, driving the rapid development of the market. But so far, the United States has not gotten rid of the impact of the COVID-19, and the negative impact of the epidemic on offline courses will continue for some time, causing the industry to fall into negative development within a certain range.
According to our research, the United
States private tutoring market has a total revenue of 6794.13 M USD back in
2015, and increased to 9121.96 M USD in 2019. We made the prediction that the
value of private tutoring markets can be 14412.91 M USD by 2025. The CAGR of
private tutoring is 7.92% from 2019 to 2025.
In the cost structure of the industry,
labor costs, advertising and operating costs accounted for 56.20%, 22.35% and
15.81% respectively. Since teacher teaching is the main source of income for
the private tutoring industry, the higher the quality of private tutoring, the
higher the price, so the industry is mainly restricted by labor costs.
Companies must actively strive for excellent teachers with high professional
quality, excellent learning experience, rich work experience, top-level
capabilities in the industry, and a high degree of compatibility with students,
who can accurately and effectively teach knowledge. This will be one of the
growth opportunities in this market in the future. In addition, after Trump
took office, he implemented a school-choosing policy, which has imposed a
burden on many families, and the demand for private tutoring may decline. At
the same time, competition in the new region may become more intense, which may
become a factor hindering market growth.
We provide more professional and intelligent market reports to complement your business decisions.
Chinese