K-12 Tutoring Market is Expected to reach high valuation by 2029

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.

The global K-12 Tutoring market size was valued at USD 3544.8 million in 2022 and is forecast to a readjusted size of USD 17190 million by 2029 with a CAGR of 25.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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.

Market segmentation
K-12 Tutoring market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Onsite K-12 Tutoring
Online K-12 Tutoring

Market segment by Application
Kindergarten to Grade 2
Grade 3 to Grade 5
Middle School Level
High School Level

Market segment by players, this report covers

  • Stride (K12 Inc.)
  • Pearson(Connections Academy)
  • Chegg
  • Age of Learning
  • Sylvan Learning
  • iTutor
  • Huntington Learning Centers
  • Cambly Inc.
  • ClubZ
  • Mathnasium
  • Tutor.com

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Analysis of the market:

Other important factors studied in this report include demand and supply dynamics, industry processes, import & export scenario, R&D development activities, and cost structures. Besides, consumption demand and supply figures, cost of production, gross profit margins, and selling price of products are also estimated in this report.

Market Trend

The global K-12 Tutoring market is growing at a rapid pace owing to the advantages offered by the technology. The major factor driving the growth of the market is the need for secure and efficient identity management. Self-sovereign identity allows individuals and organizations to have full control over their data, which is not possible with traditional methods of identity management. Other factors such as increasing adoption of digital technologies, rising concerns about data security, and growing demand for transparent and tamper-proof systems are also fueling the growth of the market.

The report extensively includes the industry overview, which consisting of details like the market size and share, estimated growth, along with future cost, demand revenue, and supply data. To examine the intricacies of the market, industry analysts used a quantitative and qualitative approach to scrutinize the competitive market landscape as well as the latest industry trends in major regions. Additionally, the report also offers a comprehensive understanding of various dynamics affecting the K-12 Tutoring market.

Key Questions | Answered included in Sample Report

What will the market size be in 2027 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

Table of Contents:  K-12 Tutoring Market

Part 1: Overview of K-12 Tutoring Market

Part 2: Global Market Status and Forecast by Regions

Part 3: Global Market Status and Forecast by Types

Part 4: Global Market Status and Forecast by Downstream Industry

Part 5: Market Driving Factor Analysis

Part 6: Market Competition Status by Major Manufacturers

Part 7: Major Manufacturers Introduction and Market Data

Part 8: Upstream and Downstream Market Analysis

Part 9: Cost and Gross Margin Analysis

Part 10: Marketing Status Analysis

Part 11: Market Report Conclusion

Part 12: Research Methodology and Reference

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