Press Release

The Online Tutoring Market was valued at USD 6.5 Bn in 2021. The market is projected to grow USD 17.3 Bn in 2030, at a CAGR of 14.7%.

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In developing countries, government funding for digital teaching is encouraging universities and schools to offer online learning sessions. For example, in February 2022, the Department of South Australia's Learning+ initiative offered free one-on-one online tutoring with qualified, trained teachers to kids at local schools after school and on weekends. The goal of this effort is to improve learning outcomes for the children.

The COVID-19 has forced the closure of schools all around the world. Over 1.2 billion children are out of school around the world. As a result, education has experienced substantial changes, with the emergence of e-learning, which allows students to receive instruction remotely and through digital platforms. Government support for student education and the availability of a wide variety of online learning platforms in regional languages, are acting as a catalyst in market growth during this outbreak, as the coronavirus spreads and schools close.

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An important trend boosting demand in the online tutoring industry is the growing tendency of non-traditional learners seeking customization and convenience in their learning. Children with attention deficit disorder (ADD), attention deficit hyperactivity disorder (ADHD), and autism are among the non-traditional learners. One of the important factors improving the benefits of web-classroom settings is progress toward seamless hardware and software installation. The business has remained lucrative due to the growth of online tutoring software. Over the last few years, significant progress has been achieved in the instructional design of educational content, propelling the online tutoring business forward. The internet generation's preference for online tutoring stems from their desire to learn by doing rather than being told what to do.

Online tutoring has become more prevalent because of the availability of online courses, counselling, and degree programmes. The number of pupils seeking online tutoring has risen considerably in the previous five years. The increase in the number of open colleges has benefited the online tutoring industry. Through online tutoring, students can learn courses from any institute in the world, regardless of location. When many students enroll in a course, however, online tutoring service providers find it difficult to handle many queries and give each student customized attention. Increased higher education enrollment, personalization of courses, flexibility in time, place, and speed of learning, and question-and-answer forums are just a few of the primary drivers driving the online education boom.

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KEY INDUSTRY DEVELOPMENTS:

      September 2021- BYJU’S has partnered with NITI Aayog for the aspirational districts to provide tech-driven learning programs for free. Partnering with NITI Aayog would benefit the students from the aspirational district to get a quality education with educational content from BYJU’S Learning app for three years and an initiative towards education for all.  

Read More Details On This Report: https://extrapolate.com/Information-Technology-Communication-IoT/online-tutoring-market/25807