Jan 18, 2022

| Market Research Insights Highlight Growing Importance of STEM Education as Key Driver | Technavio News provided by Share this article Share this article NEW YORK, Jan. 18, 2022 /PRNewswire/ -- According to the research report " Online Tutoring Market by Courses and Geography - Forecast and Analysis 2021-2025 ", the market will witness a YOY growth of 15.10% in 2021 at a CAGR of 15.77% during the forecast period. The report is segmented by courses (STEM, language courses, and other courses) and geography (APAC, Europe, North America, South America, and MEA). Attractive Opportunities in Online Tutoring Market by Courses and Geography - Forecast and Analysis 2021-2025 The online tutoring market covers the following areas: Vendor Insights  The online tutoring market is fragmented and the vendors are deploying growth strategies such as product innovation to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including: Ambow Education Holding Ltd. D2L Corp. Vedantu Innovations Pvt. Ltd. Find additional highlights on the growth strategies adopted by vendors and their product offerings,  Read Free Sample Report . Geographical Market Analysis  APAC is expected to account for 44% of the market's growth during the forecast period. China and India are the key countries for the online tutoring market in APAC. Market growth in this region will be faster than the growth of the market in other regions. The availability of apps and wearables for online tutoring, the growing popularity of online microlearning, and the standardization of tests will drive the online tutoring market growth in APAC during the forecast period. Know more about this market's geographical distribution along with the detailed analysis of the top regions. View Our Report Snapshot Key Segment Analysis By courses, the STEM segment will have significant market share growth during the forecast period. Countries such as China, India, the US, and the UK are increasingly focusing on STEM education to reduce the supply-demand gap in STEM-related job opportunities. Governments of various countries have emphasized the importance of STEM subjects. Moreover, entrance exams require sound knowledge in STEM subjects. The strong focus on the standardization of tests will further increase the competition among students. This will encourage students to join specialized STEM courses and test preparation online tutoring programs during the forecast period. View FREE Sample : to know additional highlights and key points on various market segments and their impact in coming years. Key Market Drivers & Challenges:  The growing importance of STEM education among students, parents, and various educational stakeholders globally is a major factor driving the growth of the online tutoring market. STEM integrates subjects into a unified learning model that is based on real-world applications. Rising job opportunities in STEM fields is one of the major reasons for the rising popularity of STEM courses during the forecast period. The presence of free and open-source tutoring resources is posing a huge threat to the growth of the global online tutoring market. Therefore, consumers who cannot afford paid online tutoring services opt for free services offered by various open-source tutoring firms. Download free sample  for highlights on market Drivers & Challenges impacting the online tutoring market. Customize Your Report  Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer USD 1,000 worth of FREE customization at the time of purchase. Speak to our Analyst now! Related Reports:  Companies profiled Ambow Education Holding Ltd., ArborBridge Inc., China Distance Education Holdings Ltd., Club Z! Inc, D2L Corp., Fleet Education Services Ltd., Growing Stars Inc., iTutorGroup, John Wiley & Sons Inc., K12 Inc., My Tutorweb Ltd., New Oriental Education and Technology Group Inc., Pearson Plc, Preply Inc., Providence Equity Partners LLC, Sylvan Learning LLC, TAL Education Group, Think & Learn Pvt. Ltd., Varsity Tutors LLC, and Vedantu Innovations Pvt. Ltd. Market Dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. About Us:  Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. 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