Why Invest in Tutoring?
Education is the basis of our world
GLOBAL TUTORING MARKET VALUE
USD 57.92 billion in 2023 to USD 105.98 billion by 2030
(SOURCE: https://www.fortunebusinessinsights.com/private-tutoring-market-104753)
TUTORING IS A BIG BUSINESS
CHECK OUT SOME OF THE FOLLOWING COMPANIES BASED ACROSS THE GLOBE
Chegg, Inc. (U.S.)
Mathnasium LLC (U.S.)
Educomp Solutions Ltd. (India)
Sylvan Learning, LLC (U.S.)
Daekyo Co., Ltd. (South Korea)
Kumon Institute of Education Co., Ltd. (Japan)
Kaplan Inc. (U.S.)
Action Tutoring (U.K.)
Varsity Tutors (U.S.)
Tutors International (U.K.)
BOTH ONLINE & IN-PERSON IS BOOMING
In February 2022, BYJU’S, an educational technology company, announced the launch of 500 offline tuition centres across 200 Indian cities. Prominent players have also increased their efforts to help users access their services through the online mode, which would allow them to target a greater number of students on an international level.
BOOM SINCE COVID19 & SCHOOL SYSTEM ISSUES
Since Covid, The Australian Tutoring market has seen enormous growth never seen before in modern times. As teachers and schools reach their maximum and tightening budgets of schools, parents have no choice but to send their children to after school tutoring services. Based on internal research, 30% of School students receive ongoing tutoring and over 50% of parents have considered a form of additional support out of the school classroom.