Global Private Tutoring Market to Surpass $152 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Private Tutoring market. The global private tutoring market is projected to surpass $152 billion by the year 2015, driven by the growing desire of parents to secure children's future through supplementary education. Factors such as household income levels, government regulations, and students' learning objectives influence uptake of private tutoring services.

Private Tutoring: A Global Strategic Business Report

Tutoring is a key constituent of the global education industry. The industry's growth is primarily attributed to the inability of a standard education system to address the unique needs of each student. Each student differs from the other in terms of comprehension, caliber and ability and existing education system in various countries are unable to offer the required individual attention. As a result, private tutoring has assumed enormous significance, as the approach provides an individual, innovative, and personal education system to students. With higher education being associated with increased opportunities, high remunerations, and improved social standing, parents invest heavily in children's education to enhance future prospects.

The United States, Europe and Asia-Pacific collectively dominate the global market with more than 90% share of sales, as stated by the new market research report on private tutoring market. Private tutoring is a thriving industry across Asia-Pacific region, particularly in East Asian countries of Hong Kong, Japan, Singapore, South Korea, and China. Demand for private tuitions in several Asian countries is driven by the fact that competitive entrance examinations are critical for gaining admission into leading universities and colleges. In addition, lack of adequate funding for public schools and education systems in developing countries compels students to seek additional knowledge and competence through private tuitions. The increase in school tests and scholarship exams prove beneficial for small tutoring services providers. Private tutoring market in Korea is projected to reach US$13.9 billion by 2012.

Online tutoring and offshore tutoring are gaining popularity across the world. Online tutoring is both a supplement and an alternative to physical coaching classes. India has emerged as a key player in the outsourcing of online tutoring services. Online tuitions industry in India is well structured, professional and comprises of tutors with core linguistic and academic capabilities, and superior performance and dedication levels as compared to other tutors worldwide. The availability of quality tutors offering services at affordable costs is one of the primary factors for India's significant presence in the e-tutoring market.

Leading players profiled in the report include Club Z! Tutoring Services, CompuChild Services of America Inc., Daekyo Co. Ltd., Educomp Solutions Ltd., Huntington Learning Centers Inc., JEI Corporation, Kids R Kids, Kumon, LearningRx, Mathnasium LLC, Sylvan Learning, Tutoring Club Inc, TutorVista Global Pvt. Ltd., and Woongjin Thinkbig Co Ltd.

The report titled "Private Tutoring: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., reviews market trends, product introductions/innovations, and recent industry activity. The study analyzes market data and analytics in terms of revenues for regions including The United States, Europe, Asia-Pacific, and Rest of World.

For more details about this comprehensive market research report, please visit -
http://www.strategyr.com/Private_Tutoring_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com/

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