An important factor driving the Online tutoring Market is the freedom and self-directed learning it provides. A virtual classroom that can be visited whenever it’s convenient is online tutoring. It is a platform for knowledge exchange that enables the service provider to earn money in return.
Candidates who are eager to learn or enrol in a course have a variety of growth chances available to them through online tutoring. Online tutoring enables both the student and the tutor to pinpoint the student’s prior knowledge, areas of difficulty, and unique learning curve.
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Online tutoring enables students who are unable to travel to a school to receive support and opportunities while off-campus. It looks into the information base from one end of the world to the other, allowing one to learn at their own pace.
A big obstacle for the online tutoring sector is technical problems. A safe internet connection with the required internet speed is required for both the student and the tutor. Additionally, the lack of accessibility to the tools needed for online tutoring impedes its development.
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Online Tutoring Market: Market Dynamics
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- Online tutoring is more prevalent with the availability of online courses, counseling, and degree courses. There has been a dramatic increase in the number of students enrolling for online tutoring in the past five years. The increasing number of open universities has expanded the online tutoring market positively.
- Using online tutoring, students can learn courses from any institute of the world without a distance barrier. However, a large number of enrollment for a course makes it difficult for online tutoring service providers to handle a large number of queries and provide personal attention to every student.
- Despite various challenges faced by online tutoring market current, the technological development and its implementation shall boost the student and tutor connection, and hence, grow the market at a higher CAGR over the forecasted period.
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Online Tutoring Market: Market Segmentation
Online Tutoring Market Based on purpose
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- Remediation
- Maintenance
- Support
- Test Prep
- Enrichment
Online Tutoring Market Based on type
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- Synchronous Tutoring
- Asynchronous Tutoring
Online Tutoring Market Based on course duration
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- Short-term courses
- Long-term courses
Online Tutoring Market Based on platform-base
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- Mobile Tutoring
- Desktop Tutoring
Online Tutoring Market Based on sales channel
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- International Organizations and Associations
- Educational Institutes
- Private Coaching
- Others
Online Tutoring Market: Key Players
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- Blue Media LLC.
- Pearson, Varsity Tutors
- Wyzant, Inc
- com, Inc
- TPR Education IP Holdings, LLC
- Skooli
- ThoughtCo
- Chegg Inc
- TutorEye Inc
- GradeStack Learning Pvt. Ltd
- Adda247
- Yup Technologies
- BOK Solutions
- Preply Inc
- TakeLessons, and among others.
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