Tutoring Software Market Scope
Tutoring software are used to make education efficient and effective. These software are available in different languages which provide a great advantage to students. With rising digitalization and ability to offer customized study materials, such educational tools are expected to thrive.
According to AMA, the Global Tutoring Software market is expected to see growth rate of 13.4%
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Tutoring Software market throughout the predicted period.
Kaplan (United States), Fleet Tutors (United Kingdom), Pearson (United Kingdom), TutaPoint (United States), ArborBridge (United States), BenchPrep (United States), JEI Learning Centers (United States) and Tutors.com (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Chegg (United States), EF Education First (Switzerland) and Club Z! Tutoring (United States).
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 total available market.
Segmentation Overview
The study have segmented the market of Global Tutoring Software market by Type (Exam preparation (Standardized tests GRE,GMAT,MCAT,ACT,SAT,etc.), Licensing, Online courses and Private tutors), by Application (Individuals, Businesses and Universities) and Region with country level break-up.
On the basis of geography, the market of Tutoring Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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).
Market Trend
- Increasing Trends of Various Companies Are Investing in Startups Offering Online Tutoring Services
Market Drivers
- Interactive Software for Preschool Children
- Rising usage on an as-needed Basis
- Students Inclination Towards Online Courses in Developed Countries
Opportunities
- Adoption of Tutoring Software in Developing Countries
Restraints
- Lack of Awareness in Developing Economies
- High Cost of Tutoring Software
Challenges
- Limits the Ability to Build a Personal Relationship