Global K-12 Tutoring Market Growth (Status and Outlook) 2023-2029

Global K-12 Tutoring Market Growth (Status and Outlook) 2023-2029

Product Code:465661

Published Date: Feb 08,2023

Pages: 104

Region: Global

Category: Service & Software

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K-12 is the mixture of primary and secondary levels of education that students are given between kindergartens through 12th grade. K-12 Tutoring refers to the Tutoring of kindergartens to high school students. In the United States, the K-12 education sector is comprised of approximately 15,600 public school districts across the 50 states and 132,000 public and private elementary and secondary schools. The U.S. K-12 education market is highly decentralized and is characterized by complex content adoption processes.

The growing demand for customized learning will offer immense growth opportunities. Conventional tutoring services incur overhead costs associated with amenities such as classrooms, equipment, and related facilities. Vendors are leveraging the rapid penetration of mobile phones and tablets and the increasing network connectivity to offer online tutoring programs. Online tutoring also provides flexibility to learners through self-paced learning methods.

LPI (LP Information)' newest research report, the “K-12 Tutoring Industry Forecast” looks at past sales and reviews total world K-12 Tutoring sales in 2022, providing a comprehensive analysis by region and market sector of projected K-12 Tutoring sales for 2023 through 2029. With K-12 Tutoring sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world K-12 Tutoring industry.

This Insight Report provides a comprehensive analysis of the global K-12 Tutoring landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on K-12 Tutoring portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global K-12 Tutoring market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for K-12 Tutoring and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global K-12 Tutoring.

The global K-12 Tutoring market size is projected to grow from US$ 3370.2 million in 2022 to US$ 18390 million in 2029; it is expected to grow at a CAGR of 27.4% from 2023 to 2029.

American key players of K-12 tutoring include Stride (K12 Inc.), Pearson(Connections Academy), Age of Learning, etc. Global top three manufacturers hold a share over 30%. In terms of product, online K-12 tutoring is the largest segment, with a share over 60%. And in terms of application, the largest end user is middle school level, followed by grade 3 to grade 5.

This report presents a comprehensive overview, market shares, and growth opportunities of K-12 Tutoring market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Onsite K-12 Tutoring
    Online K-12 Tutoring

Segmentation by application
    Kindergarten to Grade 2
    Grade 3 to Grade 5
    Middle School Level
    High School Level

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Stride (K12 Inc.)
    Pearson(Connections Academy)
    Chegg
    Age of Learning
    Sylvan Learning
    iTutor
    Huntington Learning Centers
    Cambly Inc.
    ClubZ
    Mathnasium
    Tutor.com