India’s Online Tutoring Services Market to Register Annual Growth Rate of 15.24% in 2021 | Increase Tutoring Spend to Drive Market


NEW YORK, February 11, 2022 /PRNewswire/ — Technavio has been monitoring the market for online tutoring services for India and it is called to grow from $14.76 billion from 2020 to 2025. The report predicts that the market will grow at a CAGR of 15.96%. The Online Tutoring Services Market Report India also offers information on several market vendors, including Aakash Educational Services Ltd., Chegg Inc., Gyankosh Solutions Pvt. Ltd., Individual Learning Pvt. Ltd., Khan Academy Inc., TeacherOn.com, Think and Learn Pvt. Ltd., ThinkVidya Learning Pvt. Ltd., Tute Education Ltd. and Vedantu Innovations Pvt. ltd. among others.

Technavio has announced its latest market research report titled Online Tutoring Services Market in India by End User and Courses – Forecast and Analysis 2021-2025

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Online Tutoring Services Market in India: Increase Tutoring Spending to Boost Growth

Rising expenditure on tutoring is one of the factors contributing to the growth of the online tutoring services market in India. The increased awareness of students as well as parents about education has led to increased spending on online tutoring. Growing competition and growing demand for preparation for higher education entrance exams have led to an increase in education-related expenses. Students spend more to get good grades in competitions. The government has also increased its spending on online education and tutoring, which has a direct impact on the adoption rate, especially in rural and semi-urban areas. The government has launched a page named E-Contents in its official MHRD portal, in which various e-learning and e-tutoring services and related plans and initiatives are mentioned.

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Online Tutoring Services Market in India: Segmentation
The market research report segments the online tutoring services market India per end user (higher education and K-12) and courses (STEM courses, language courses and other courses).

Segmentation by end users –the higher education sector is expected to increase over the forecast period, owing to the increasing awareness of students in preparing for entrance tests. Students preparing for exams such as the indian institute of technology– Joint Entrance Examination (IIT-JEE) and Common Admission Test (CAT) register online tutoring services in India. The ease of access to these services is one of the main factors that push students towards these services. Also, these services design study programs in line with updated courses and tests, which leads to an increase in the demand for online tutoring services. Also, having infrastructure in place such as strong and reliable internet connections and smart devices will encourage students to opt for online education. The government of India is implementing such development policies as part of digital India which have increased internet penetration in India. Ease of internet access has led to increased use of online tutoring services in remote areas.

Segmentation by course –The market for online tutoring services in India through STEM courses is expected to grow over the forecast period as STEM-based professions are one of the highest paying and most reputable professions in the world. STEM subjects are of great importance at every stage of education, such as primary, secondary and higher education. Moreover, educational institutions mainly emphasize STEM subjects while designing the exam model for students. The growing demand for quality education and intense competition among students has impacted the need to enroll in tutoring services. India is one of the most populous countries in the world, comprising a maximum of young people. The younger population is yearning for specialized skills to increase their employment opportunities, resulting in increased demand for STEM online tutoring courses in India.

The Technavio report provides an accurate prediction of the contribution of all segments to the growth of the Online Tutoring Services market size in India and actionable market insights on each segment.

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Some of the main topics covered in the report include:

Market factors

Market challenges

Market trends

Supplier Landscape

Related reports:
Online Education Market –The online education market share is expected to grow by $121.85 billion between 2020 and 2025, at a CAGR of 9.24%. Download a free sample now!

Higher Education Market –The higher education market has the potential to grow USD 45.11 billion during the period 2021-2025, and the growth momentum of the market will accelerate at a CAGR of 13.84%. Download a free sample now!

Online Tutoring Services Market in India

Report cover

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 15.96%

Market Growth 2021-2025

$14.76 billion

Market structure

Fragmented

Annual growth (%)

15.24

Regional analysis

India

Successful market contribution

100% India

Main consumer countries

India

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Aakash Educational Services Ltd., Chegg Inc., Gyankosh Solutions Pvt. Ltd., Indiavidual Learning Pvt. Ltd., Khan Academy Inc., TeacherOn.com, Think and Learn Pvt. Ltd., ThinkVidya Learning Pvt. Ltd., Tute Education Ltd. and Vedantu Innovations Pvt. ltd.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents
Summary

Market landscape

  • Market ecosystem

  • Value chain analysis

Market sizing

Five forces analysis

Market segmentation by end user

  • Market segments

  • Comparison by end user

  • Higher Education – Market size and forecast 2020-2025

  • K-12 – Market size and forecast 2020-2025

  • Market opportunity by end user

Market segmentation by course

  • Market segments

  • Comparison by course

  • STEM Courses – Market size and forecast 2020-2025

  • Language courses – Market size and forecast 2020-2025

  • Other Courses – Market size and forecast 2020-2025

  • Market Opportunity by Course

  • Market factors

  • Market challenges

  • Market trends

Supplier Landscape

  • Overview

  • Supplier Landscape

  • Landscape disturbance

Vendor analysis

  • Suppliers Covered

  • Positioning on the supplier market

  • Aakash Educational Services Ltd.

  • Chegg inc.

  • Gyankosh Solutions Pvt. ltd.

  • Independent Learning Pvt. ltd.

  • Khan Academy Inc.

  • TeacherOn.com

  • Think and Learn Pvt. ltd.

  • Think Vidya Learning Pvt. ltd.

  • Tute Education Ltd.

  • Vedantu Innovations Pvt. ltd.

appendix

About Technavio

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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