Educational Technology

January 30, 2017

Online Tutoring Market to Grow 12.75% Between 2017-2021

Filed under: Educational Technology — admin @ 12:40 am

By Sri Ravipati, THE Journal

The annual rate of students who will enroll in online tutoring services worldwide is expected to double over the next few years. The global K-12 online tutoring market is projected to grow at a compound annual growth rate (CAGR) of 12.75 percent from 2017-2021, up from a CAGR of about 6 percent from 2016-2020, according to a recent report from Technavio. The K–12 segment of the online tutoring market was valued at $63.57 billion in 2016 and is forecasted to be $120.67 billion by 2021. The London-based tech market research firm has identified the top three emerging marketing trends expected to impact the market between 2017 and 2021.

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