The US tutoring industry is experiencing swift growth, with predictions suggesting a market value of US$ 1,840.25 million by 2026. This projection incorporates an annual growth rate of 6.30% from 2021 to 2026. In 2020, the US tutoring industry contributed $21.8 billion to the global tutoring market’s overall value of $98.67 billion. Among high school students, about 20% have availed of these services at least once. Moreover, private tutoring is a popular educational resource among families with incomes over $100,000, with 74% having used these services.
Focusing on K-12 private tutoring, it generated revenues of $2.2 billion in 2019 alone. The demand for online services is expected to augment by 5.6% annually through 2024, suggesting a sustained trend. More than 10% of college students avail of these services, while individualized instruction constitutes over 30% of the services. Tutoring centers cater to approximately one in every four public school children across America. Individual providers, accounting for 61.4% of the services, charge an average hourly rate of $30-$60 for their expertise.
Kumon holds a prominent position in the industry, boasting revenues of $607.6 million in the last year alone. Despite this, thousands of privately operated service providers are flourishing across the US, with an annual expansion rate of 7.9% through 2023. The industry also sees a gender wage gap, with female tutors earning 8% less than their male counterparts for similar quality work. On the student’s side, 25% of K-12 students have had experience with a tutor, with 65% of these being 9th graders or higher.
Finally, Mathnasium has been distinguishing itself due to its rapid expansion, having opened 1,000 locations within the US alone. This illustrates the high demand currently characterizing the tutoring industry.
This statistic is a powerful indicator of the potential of the US tutoring market in the coming years. It shows that the industry is expected to grow significantly, with a CAGR of 6.30%, and reach a value of US$ 1,840.25 million by 2026. This is a clear indication that the US tutoring industry is a lucrative and profitable sector, and one that is likely to continue to expand in the future. This statistic is essential for anyone looking to gain insight into the US tutoring industry and its potential for growth.
In 2020, the US tutoring industry accounted for $21.8 billion of the $98.67 billion global tutoring market.
This statistic is a testament to the immense size and scope of the US tutoring industry. It highlights the fact that the US tutoring industry is a major player in the global tutoring market, accounting for a significant portion of the total market size. This statistic is important to consider when discussing the US tutoring industry, as it provides a clear indication of the industry’s size and influence.
US Tutoring Industry Statistics Overview
The K-12 private tutoring market in the US reached $2.2 billion in revenue in 2019.
This statistic is a testament to the immense size of the K-12 private tutoring market in the US, highlighting the fact that it is a major player in the US tutoring industry. It is a valuable piece of information for anyone looking to gain insight into the industry, as it provides a clear indication of the market’s size and potential.
Online tutoring services in the US are projected to grow at an annual rate of 5.6% through 2024.
This statistic is a key indicator of the potential of the US tutoring industry, showing that it is expected to experience steady growth in the coming years. This is an important piece of information for anyone interested in the US tutoring industry, as it provides insight into the potential of the market and the opportunities it presents.
Approximately 74% of US families with an income of over $100,000 have used tutoring services.
This statistic is a powerful indicator of the prevalence of tutoring services among high-income families in the US. It demonstrates that even those with the financial means to access the best educational resources are turning to tutoring services to supplement their children’s education. This statistic is a testament to the value of tutoring services and the importance of the tutoring industry in the US.
Over 10% of college students in the US report using private tutoring services.
This statistic is a powerful indicator of the growing demand for private tutoring services among college students in the US. It shows that more and more students are turning to tutoring to help them succeed in their studies, and that the tutoring industry is thriving. This statistic is an important piece of evidence for anyone looking to understand the current state of the US tutoring industry.
The individualized instruction segment accounted for over 30% of the tutoring and test preparation services market in the US in 2017.
This statistic is a testament to the growing popularity of individualized instruction in the US tutoring and test preparation services market. It shows that more and more people are recognizing the value of personalized instruction and are willing to invest in it. This trend is likely to continue in the future, making individualized instruction an increasingly important part of the tutoring and test preparation services market.
Tutoring centers in the United States serve approximately 1 in 4 public school students.
This statistic is a powerful indicator of the importance of tutoring centers in the United States. It shows that a significant portion of public school students are relying on tutoring centers to help them succeed in their studies. This statistic is a testament to the impact that tutoring centers have on the educational landscape in the United States.
There are over 3,000 privately operated tutoring service providers in the US in 2022.
This statistic is a testament to the sheer size and scope of the US tutoring industry. It shows that the industry is thriving and that there are a plethora of options available to those seeking tutoring services. This statistic is a key indicator of the industry’s growth and success, and is an important piece of information for anyone looking to gain insight into the US tutoring industry.
The largest player in the US tutoring market, Kumon, scored $607.6 million in revenue in 2021.
This statistic is a testament to the immense size of the US tutoring market, with Kumon leading the way. It highlights the potential for growth and success in the industry, and serves as a reminder of the importance of tutoring services in the US.
The US tutoring industry is expected to expand at a rate of 7.9% over the years 2017-2023.
This statistic is a testament to the growing demand for tutoring services in the US, indicating that the industry is likely to experience a surge in popularity over the next few years. It is an important indicator of the potential for growth and success in the US tutoring industry, and should be taken into consideration when discussing the industry’s current and future state.
Over 25% of students in grades K-12 in the US have previously utilized a tutor’s services.
This statistic is a telling indication of the prevalence of tutoring services in the US. It shows that a significant portion of students in the K-12 system have already taken advantage of the help that tutors can provide. This speaks to the importance of tutoring services in the US and the need for students to have access to these resources.
In the US, 60% of tutoring services are provided by individuals, while 40% are from companies or franchises.
This statistic is a key indicator of the tutoring industry in the US, providing insight into the prevalence of individual tutors versus companies or franchises. It is an important piece of information for anyone looking to understand the dynamics of the tutoring industry in the US, and can be used to inform decisions about how to best provide tutoring services.
US high school students from the highest socio-economic status are twice as likely to receive academic tutoring as those from the lowest socio-economic status.
This statistic is a stark reminder of the inequality that exists in the US education system. It highlights the fact that students from higher socio-economic backgrounds are more likely to have access to resources such as academic tutoring, which can give them an advantage over their peers from lower socio-economic backgrounds. This inequality can have a lasting impact on the educational outcomes of students from lower socio-economic backgrounds, and it is important to recognize this in order to ensure that all students have access to the same educational opportunities.
Around 65% of students in the US who received private tutoring in 2017 were in grades 9-12.
This statistic is a telling indication of the importance of private tutoring for high school students in the US. It highlights the fact that the tutoring industry is a major resource for students in their most formative years, when they are preparing for college and other post-secondary opportunities. This statistic is a valuable insight into the tutoring industry and its impact on the US education system.
Conclusion
The US tutoring industry, poised to reach $1.84 billion by 2026, contributes 21.8% to the global market. Approximately 20% of high school students accessed tutoring in 2020. The K-12 private tutoring sector garnered $2.2 billion in 2019, with online services predicted to grow 5.6% annually. Over 10% of college students use private tutoring, with 74% from families earning above $100k yearly. Individual tutors provide 61.4% of services, charging around $30-$60 per hour, catering to affluent households and students needing academic help.
About 3,000 private providers operate across a quarter of public schools nationwide, with Kumon leading the sector, boasting $607 million in revenue. This trend is projected to continue into 2022, as 65% of users are grades 9-12 students. However, female tutors earn 8% less than males. Despite the cost, academic support through professional tutoring is increasingly sought after, suggesting demand will rise further, possibly widening socio-economic gaps.
References
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