Online Chinese Tutoring Platform Market Scope
Online Chinese Tutoring Platform is the newest trend in the digital world, and it gives students the ability to Learn and study at their own pace, with their own tutors and prices. Students learn to speak, read, and write Chinese as a second language as a second language with the help of a Mandarin Chinese tutor. From beginner to advanced fluency, from casual conversation skills to conducting business, performing translations, and more, there are numerous levels of proficiency to teach.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Verbling (United States), Preply (United States), Italki (China), TutorMing (California), eChineseLearning (Asia-Pacific), Duolingo (United States), Pptutor (China), Koala Know (United States), LingoAce (China) and Wukong EDU (China) |
CAGR | % |
China is known for having a diverse range of foreign and regional vendors. Regional sellers are dominating the market by expanding their footprint. As a result, overseas vendors are having a hard time competing with them, particularly in terms of linguistic approaches, technology, and cost. By expanding their agreements with numerous schools, colleges, and universities, vendors generally focus on catering to the needs of schools and individual students. The competitive landscape in this industry will certainly become even more intense with more service extensions and mergers and acquisitions. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Online Chinese Tutoring Platform market throughout the predicted period.
Verbling (United States), Preply (United States), Italki (China), TutorMing (California), eChineseLearning (Asia-Pacific), Duolingo (United States), Pptutor (China), Koala Know (United States), LingoAce (China) and Wukong EDU (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Ambow Education (China), ArborBridge (United States), Beijing Magic Ears Technology Co., Ltd. (China) and Others.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Online Chinese Tutoring Platform market by Type , by Application (Skype and Zoom) and Region with country level break-up.
On the basis of geography, the market of Online Chinese Tutoring Platform has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
On 22th March 2021, Verbling-based “Busuu live” will be a combination of their AI-powered learning content, interaction with other learners plus 1-1 live tutoring with professional teachers.
Beijing Municipal Commission of Education, the local government organisation in charge of all schools in the capital, recently issued a decree (in Chinese) outlining a possible solution. The commission unveils a plan to create an online tutoring platform where famous teachers from local elementary and middle schools can provide tutoring in a variety of formats, including one-on-one instruction, live-streaming classrooms, and pre-recorded films
Influencing Trend:
Market for After-School Tutoring In China Is Expanding Across APAC and North America and Vendors Provide Detailed Information on the Variables That Will Stymie the Expansion of the After-School Tutoring Market in China
Market Growth Drivers:
STEM Education Is Becoming Increasingly Important Among Students, Parents, and Other and STEM Combines Various Subjects into a Single Learning Model Based On Real-World Applications
Challenges:
Anxiety, Depression, and Poor Internet Service and Market Penetration across New Regions
Restraints:
Lack of Awareness of Online Tutoring Platforms, Lack of Access of Learning Resources to Rural Areas of the World and High-Cost Expenses It Has Affected Our Lifestyle
Opportunities:
Online Learning Is Much Less Expensive Than Traditional Learning and Stimulating Virtual Learning Environment
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, New Entrants and Investors, New Oriental Education and Technology, Online Chinese Tutoring Platform Distributors and Suppliers, Government Bodies, End-Users and Others