Private Tutoring Market to Reach $171.93 Billion by 2028; Acquisition of Dot’s Learning Centre by Curro Holdings Ltd to Stimulate Growth

The global private tutoring market size is expected to reach USD 171.93 billion by 2028. The propensity towards technology-based learning will contribute positively to the market during the forecast period, mentioned in a report, titled “Private Tutoring Market Size, Share & COVID-19 Impact Analysis, By Subjects (Academic and Non-academic), Application (Up-to K-12 and Post K-12), Mode (Offline and Online), and Regional Forecast, 2021-2028.” The market size stood at USD 92.59 billion in 2020 and is expected to exhibit a CAGR of 8.3% between 2021 to 2028.

Introduction of Live Home Math Tutoring by Mathnasium to Fortify Market

Mathnasium, an education brand and supplemental math learning franchise consisting of over 1,000 learning centers in North America, South America, Europe, the Middle East, and Asia, will now offer face-to-face, expert instruction from the comfort of customers’ own homes. Mathnasium @home includes the same involvement with highly trained instructors and Mathnasium Method™ as in learning centers, but live, through a computer. The new online program was introduced to proliferate the demand for education at home. The potential school closures and public health issues will increase the demand for Mathnasium @home, thus aiding the private tutoring industry. So far, this new software has been deployed in approximately 200 learning centers across North America. The software boasts critical-thinking and problem-solving skills among students—besides offering self-confidence to students for boosting their understanding and appreciation of mathematics.

High Spending on Education to Support Private Tutoring Market Growth

The shift towards private schools and private tutors among wealthy students will bode well for the market. The high spending on education by parents in developed countries will create opportunities for the private tutoring industry. As per the Singapore Department of Statistics, the average monthly household expenditure on educational services increased from Singapore$235 in 2007/2008 to Singapore$339 in 2017/2018. The country accounted for a high share in private tuition and educational services. Moreover, the increasing proclivity towards private school education among high-income families will bolster the market's growth. As per the report, PARENT POWER 2018 published in September 2018 by The Sutton Trust, percentages of parents with their child receiving private tuition ever in life accounted to only 6% of parents in a group of the working class, where it increased to about 15% of parents in a group of the lower middle class, followed by 23% in a group of the middle class and increased to 31% in a group of the upper-middle class.

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Acquisition strategies by Prominent Companies to Consolidate Business

The market's key companies are focused on adopting strategies such as new learning technologies, mergers, and acquisitions to intensify their presence in the market. For instance, in May 2018, Curro Holdings Ltd. acquired Dot’s Learning Centre based in Cape Town, South Africa. Dot’s Learning Centre conducts classes for students who cannot cope up with the school schedule. Moreover, companies are shifting their focus towards online mode to target a large portion of students globally, which, in turn, will enable speedy expansion of this market.

The Report Lists the Key Companies in the Market:

• Chegg, Inc. (Santa Clara, U.S.)


• Ambow Education Holding Ltd. (Beijing, China)


• TAL Education Group (Beijing, China)


• Mathnasium LLC (Los Angeles, U.S.)


• Educomp Solutions Ltd. (Gurgaon, India)


• Sylvan Learning, LLC (Baltimore, U.S.)


• Daekyo Co., Ltd. (Seoul, South Korea)


• Kumon Institute of Education Co., Ltd. (Tokyo, Japan)


• Kaplan Inc. (New York, U.S.)

Further Report Findings:

• Regional Analysis: The market in Europe is expected to exhibit a rapid growth rate during the forecast period due to private tutoring firms' penetration in European countries. As per the Private Tuition Polling 2019 report of The Sutton Trust, the percentage of the children aged between 11-16, who received private/home tuition, increased from 20% in 2009 to 27% in 2019 in England and Wales.


• Leading Segment: The offline mode is expected to account for the lion’s private tutoring market share during the forecast period. However, the advent of advanced technologies is likely to boost the online segment's growth in the forthcoming years.

The Global Market is Segmented into: