Overview

Quick study: Heightened internet usage and a greater number of students will benefit the industry

IBISWorld’s industry research report on Online Tutoring Services provides up-to-date sales and market data, allowing you to identify the product and customer segments driving revenue growth. The report identifies the leading companies in the industry, and offers strategic analysis of the key factors influencing the market. Our data forecasts are accompanied by full analysis to illustrate how the market is responding to dominant and emerging trends.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • An increase in internet penetration and a greater number of students have benefited the industry
  • The number of college students increased as unemployment rose
  • The percentage of services conducted online is forecast to increase

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    Industry Analysis & Industry Trends

    This industry provides tutoring services via the internet. Industry operators provide tutoring services across a variety of academic subjects and across all age groups. Over the past five years, the industry has recorded strong growth due to rising internet penetration in households and changing consumer preferences that favor conducting services online. Additionally, the industry also benefited during and immediately following the recession as widespread unemployment across the US economy precipitated a large number of individuals returning to educational institutions to develop skills while the labor market remained weak. Over the next five years, the Online Tutoring Services industry is expected to continue to record strong growth, though at a decelerated rate...

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    Industry Report - Industry Products Chapter

    Exam preparation services

    Exam preparation is a substantial component of online tutoring, with training materials for college entrance exams comprising 56.1% of total industry revenue. This segment grew rapidly early in the period as the number of students enrolling in college spiked amid lackluster job growth. High school students are the largest demographic of tutored clients, and many use exam preparation services for the SAT, SAT Subject Tests, ACT, Advanced Placement and other college-specific testing. College students and recent graduates often use the industry's services to prepare for graduate school admissions exams, such as the GMAT, LSAT, MCAT and GRE.

    ..

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    Additional Insights for the Online Tutoring Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Online Tutoring Services Industry are

  • Ability to quickly adopt new technology
  • Access to highly skilled workforce
  • Having a good reputation
  • IBISWorld analysts also discuss how external factors such as Number of college students and Number of K-12 students in the Online Tutoring Services industry impact industry performance..

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    Industry Products

    What is the Online Tutoring Services Industry?

    This industry provides tutoring services via the internet. Industry operators provide tutoring services across a variety of academic subjects and across all age groups.

    Industry Products
    Exam preparation services
    Primary school tutoring programs and courses
    Occupational and advanced academic programs and courses
    Industry Activities
    Primary school tutoring
    Advanced academic tutoring
    Exam preparation services
    Occupational academic programs

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Number of college students
  • Number of K-12 students
  • Per capita disposable income
  • Percentage of services conducted online

  • Current Performance
    Online learning revolutionStudent growth slows following surgeIndustry expansion and development
  • Chart: Revenue Growth

  • Industry Outlook
    Online growth and opportunitiesStudent growth and competitive conditionsStable profit and market concentration
  • Table: Online Tutoring Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Online Tutoring Services Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Public Schools
  • Private Schools
  • Colleges & Universities
  • For-Profit Universities
  • Consumers

  • Key Selling Industries
  • Computer Stores
  • Database, Storage & Backup Software Publishing
  • Internet Service Providers

  • Products & Services
  • Exam preparation services
  • Primary school tutoring programs and courses
  • Occupational and advanced academic programs and courses
  • Chart: Online Tutoring Services Industry Products and Services Segmentation

  • Demand Determinants
  • Student participation
  • Government assistance and policy
  • Disposable income

  • Major Markets
  • High school students (9-12)
  • Middle school students (6-8)
  • Elementary school students (K-5)
  • Professionals and postsecondary students
  • Chart: Major Market Segmentation for the Online Tutoring Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Rent and utilities
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Online Tutoring Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Online Tutoring Services Industry

  • Industry Globalization
    Major Companies
    Tutor.com
  • Table: Tutor.com - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Online Tutoring Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Online Tutoring Services Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Number of college students (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Cloud Computing
  • Cloud computing refers to the delivery of computing as a service rather than a product. Shared resources can be accessed over the internet.
  • Graphic Tablets
  • Refers to computer input devices that allow users to hand draw images and text.
  • K-12
  • Refers to the number of students between kindergarten and their final year of high school.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Online Tutoring Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Online Tutoring Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Online Tutoring Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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