NEW YORK, April 4, 2023 /PRNewswire/ -- The online tutoring services market in India is set to grow by USD 10,585.08 million from 2022 to 2027, progressing at a CAGR of 17.03% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing expenditure on tutoring. Here is an exclusive report talking about market scenarios with a historical period (2017-2021) and the forecast period (2023-2027). Download Sample Report in minutes!
Students and parents are increasingly becoming aware of the importance of online education in India. The Government of India is also increasing the expenditure on online-based education and learning to encourage the adoption rate in rural and semi-urban areas. For instance, the Government of India has launched the Spoken Tutorial, an initiative where students can interact with teachers using information communication technologies (ICT). In addition, prominent educational institutes such as IITs and IISCs have set up a technology-enhanced learning platform named NPTEL to assist people in the subjects such as Engineering, Science, and humanity. Many such factors are driving the growth of the market.
The report on the online tutoring services market in India provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
Online Tutoring Services Market in India 2023-2027 - Market Dynamics
- Key Trend - The emergence of intelligent tutoring systems (ITS) is identified as the key trend in the market. Education institutions are adopting ITS to overcome various drawbacks in the deployment of online tutoring. The use of ITS allows vendors to monitor the users and design customized learning services based on the pre-existing understanding of knowledge and the style of learning. The ITS comprises models and components that provide instruction based on mapped information. It helps in delivering better services and helping students to gain better results through feedback and course plans. Such benefits are increasing the adoption of ITS in online tutoring. This is expected to positively influence the growth of the market during the forecast period.
- Challenge - The lack of quality training for the tutors is identified as the major challenge hindering the growth of the market. Individuals in India are not compelled to follow any rules and regulations when taking a career in online tutoring. This impacts the credibility of tutors as well as the learning service providers. Besides, students tend to follow only a few popular vendors, which poses a challenge to new market players. Such challenges are hampering the growth potential of the market.
Online Tutoring Services Market in India 2023-2027: Market Segmentation
The online tutoring services market in India is segmented by courses (STEM courses, language courses, and others), and end-user (higher education and K-12).
- By courses, the market growth in the STEM courses segment will be significant during the forecast period. Educational institutions in India are emphasizing STEM subjects while designing the examination pattern for the students. In addition, the rise in the number of government initiatives such as Make in India and Skill India Mission has created awareness among the students about STEM subjects. These factors are increasing the adoption of STEM courses among students.
- Based on the end-users, the market will witness increased demand for online tutoring services from the higher education segment. The rising awareness among students about entrance test preparation is driving the growth of the segment. In addition, the implementation of development policies by the government under Digital India and the easy availability of the internet are driving the growth of the segment.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters - View Sample Report
The online tutoring services market in India covers the following areas:
- Online Tutoring Services Market Sizing
- Online Tutoring Services Market Forecast
- Online Tutoring Services Market Analysis
Companies Mentioned
- Aakash Educational Services Ltd. - The company offers online tutoring solutions such as Aakash iTutor and Aakash Live.
- Chegg Inc. - The company offers online tutoring solutions such as Career Guidance and Govt exams materials.
- Eupheus Learning - The company offers online tutoring solutions for CBSE and ICSE.
- Khan Academy Inc. - The company offers online tutoring such as Learn in Hindi, Computing, and Test prep.
- Edugraff Pty Ltd.
- Indiavidual Learning Ltd.
- Gurusiksha
- Gyankosh Solutions Pvt. Ltd.
- Preply Inc.
- SSSI Tutoring Services
- TakeLessons Inc.
- TeacherOn.com
- Think and Learn Pvt. Ltd.
- TPR Education IP Holdings LLC
- Tute Education Ltd.
- Tutor.com Inc.
- TutorEye Inc.
- Vagupu Inc.
- Varsity Tutors LLC
- Vedantu Innovations Pvt. Ltd.
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Related Reports:
- The online education market in India is estimated to grow at a CAGR of 19.9% between 2022 and 2027. The size of the market is forecast to increase by USD 3,461.93 million. The market is segmented by end-user (higher education and K-12) and product (content and services).
- The online higher education market in US is estimated to grow at a CAGR of 19.82% between 2021 and 2026. The size of the market is forecast to increase by USD 33.35 billion. The market is segmented by subjects (commerce and management, STEM, Arts, and others) and courses (non-degree courses and degree courses).
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Online Tutoring Services Market In India Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 17.03% |
Market growth 2023-2027 |
USD 10,585.08 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
16.62 |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Aakash Educational Services Ltd., Chegg Inc., Edugraff Pty Ltd., Indiavidual Learning Ltd., Eupheus Learning, Gurusiksha, Gyankosh Solutions Pvt. Ltd., Khan Academy Inc., Preply Inc., SSSI Tutoring Services, TakeLessons Inc., TeacherOn.com, Think and Learn Pvt. Ltd., TPR Education IP Holdings LLC, Tute Education Ltd., Tutor.com Inc., TutorEye Inc., Vagupu Inc., 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 recovery analysis and future consumer dynamics, and 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. |
Browse through Technavio's Consumer Discretionary Market Reports
Key Topics Covered:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market Segmentation by Courses
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 07: Parent market
- Exhibit 08: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 09: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 10: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 11: Chart on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 12: Data Table on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 13: Chart on India: Year-over-year growth 2022-2027 (%)
- Exhibit 14: Data Table on India: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Online tutoring services market in India 2017 - 2021
- Exhibit 15: Historic Market Size – Data Table on Online tutoring services market in India 2017 - 2021 ($ million)
- 4.2 By courses Segment Analysis 2017 - 2021
- Exhibit 16: Historic Market Size – By courses Segment 2017 - 2021 ($ million)
- 4.3 By End-user Segment Analysis 2017 - 2021
- Exhibit 17: Historic Market Size – By End-user Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Courses
- 6.1 Market segments
- Exhibit 25: Chart on Courses - Market share 2022-2027 (%)
- Exhibit 26: Data Table on Courses - Market share 2022-2027 (%)
- 6.2 Comparison by Courses
- Exhibit 27: Chart on Comparison by Courses
- Exhibit 28: Data Table on Comparison by Courses
- 6.3 STEM courses - Market size and forecast 2022-2027
- Exhibit 29: Chart on STEM courses - Market size and forecast 2022-2027 ($ million)
- Exhibit 30: Data Table on STEM courses - Market size and forecast 2022-2027 ($ million)
- Exhibit 31: Chart on STEM courses - Year-over-year growth 2022-2027 (%)
- Exhibit 32: Data Table on STEM courses - Year-over-year growth 2022-2027 (%)
- 6.4 Language courses - Market size and forecast 2022-2027
- Exhibit 33: Chart on Language courses - Market size and forecast 2022-2027 ($ million)
- Exhibit 34: Data Table on Language courses - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Chart on Language courses - Year-over-year growth 2022-2027 (%)
- Exhibit 36: Data Table on Language courses - Year-over-year growth 2022-2027 (%)
- 6.5 Other - Market size and forecast 2022-2027
- Exhibit 37: Chart on Other - Market size and forecast 2022-2027 ($ million)
- Exhibit 38: Data Table on Other - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Chart on Other - Year-over-year growth 2022-2027 (%)
- Exhibit 40: Data Table on Other - Year-over-year growth 2022-2027 (%)
- 6.6 Market opportunity by Courses
- Exhibit 41: Market opportunity by Courses ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 42: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 43: Data Table on End-user - Market share 2022-2027 (%)
- 7.2 Comparison by End-user
- Exhibit 44: Chart on Comparison by End-user
- Exhibit 45: Data Table on Comparison by End-user
- 7.3 Higher education - Market size and forecast 2022-2027
- Exhibit 46: Chart on Higher education - Market size and forecast 2022-2027 ($ million)
- Exhibit 47: Data Table on Higher education - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Chart on Higher education - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Higher education - Year-over-year growth 2022-2027 (%)
- 7.4 K-12 - Market size and forecast 2022-2027
- Exhibit 50: Chart on K-12 - Market size and forecast 2022-2027 ($ million)
- Exhibit 51: Data Table on K-12 - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Chart on K-12 - Year-over-year growth 2022-2027 (%)
- Exhibit 53: Data Table on K-12 - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by End-user
- Exhibit 54: Market opportunity by End-user ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Exhibit 56: Impact of drivers and challenges in 2022 and 2027
- 9.4 Market trends
10 Vendor Landscape
- 10.1 Overview
- 10.2 Vendor landscape
- Exhibit 57: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 58: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 59: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 60: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 61: Matrix on vendor position and classification
- 11.3 Aakash Educational Services Ltd.
- Exhibit 62: Aakash Educational Services Ltd. - Overview
- Exhibit 63: Aakash Educational Services Ltd. - Product / Service
- Exhibit 64: Aakash Educational Services Ltd. - Key offerings
- 11.4 Chegg Inc.
- Exhibit 65: Chegg Inc. - Overview
- Exhibit 66: Chegg Inc. - Product / Service
- Exhibit 67: Chegg Inc. - Key news
- Exhibit 68: Chegg Inc. - Key offerings
- 11.5 Indiavidual Learning Ltd.
- Exhibit 69: Indiavidual Learning Ltd. - Overview
- Exhibit 70: Indiavidual Learning Ltd. - Product / Service
- Exhibit 71: Indiavidual Learning Ltd. - Key offerings
- 11.6 Eupheus Learning
- Exhibit 72: Eupheus Learning - Overview
- Exhibit 73: Eupheus Learning - Product / Service
- Exhibit 74: Eupheus Learning - Key offerings
- 11.7 Khan Academy Inc.
- Exhibit 75: Khan Academy Inc. - Overview
- Exhibit 76: Khan Academy Inc. - Product / Service
- Exhibit 77: Khan Academy Inc. - Key offerings
- 11.8 Preply Inc.
- Exhibit 78: Preply Inc. - Overview
- Exhibit 79: Preply Inc. - Product / Service
- Exhibit 80: Preply Inc. - Key offerings
- 11.9 SSSI Tutoring Services
- Exhibit 81: SSSI Tutoring Services - Overview
- Exhibit 82: SSSI Tutoring Services - Product / Service
- Exhibit 83: SSSI Tutoring Services - Key offerings
- 11.10 TakeLessons Inc.
- Exhibit 84: TakeLessons Inc. - Overview
- Exhibit 85: TakeLessons Inc. - Product / Service
- Exhibit 86: TakeLessons Inc. - Key offerings
- 11.11 TeacherOn.com
- Exhibit 87: TeacherOn.com - Overview
- Exhibit 88: TeacherOn.com - Product / Service
- Exhibit 89: TeacherOn.com - Key offerings
- 11.12 Think and Learn Pvt. Ltd.
- Exhibit 90: Think and Learn Pvt. Ltd. - Overview
- Exhibit 91: Think and Learn Pvt. Ltd. - Product / Service
- Exhibit 92: Think and Learn Pvt. Ltd. - Key offerings
- 11.13 Tute Education Ltd.
- Exhibit 93: Tute Education Ltd. - Overview
- Exhibit 94: Tute Education Ltd. - Product / Service
- Exhibit 95: Tute Education Ltd. - Key offerings
- 11.14 Tutor.com Inc.
- Exhibit 96: Tutor.com Inc. - Overview
- Exhibit 97: Tutor.com Inc. - Product / Service
- Exhibit 98: Tutor.com Inc. - Key offerings
- 11.15 TutorEye Inc.
- Exhibit 99: TutorEye Inc. - Overview
- Exhibit 100: TutorEye Inc. - Product / Service
- Exhibit 101: TutorEye Inc. - Key offerings
- 11.16 Varsity Tutors LLC
- Exhibit 102: Varsity Tutors LLC - Overview
- Exhibit 103: Varsity Tutors LLC - Product / Service
- Exhibit 104: Varsity Tutors LLC - Key offerings
- 11.17 Vedantu Innovations Pvt. Ltd.
- Exhibit 105: Vedantu Innovations Pvt. Ltd. - Overview
- Exhibit 106: Vedantu Innovations Pvt. Ltd. - Product / Service
- Exhibit 107: Vedantu Innovations Pvt. Ltd. - Key offerings
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Exhibit 108: Inclusions checklist
- Exhibit 109: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 110: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 111: Research methodology
- Exhibit 112: Validation techniques employed for market sizing
- Exhibit 113: Information sources
- 12.5 List of abbreviations
- Exhibit 114: List of abbreviations
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