Allied Market Research
Loading...
0

In-Person Learning Market Expected to Reach $ 74,161.2 Million by 2030-Allied Market Research

 

Report Code : A14680

quote the increase in demand for in-person learning and rising expenditure on obtaining quality education is expected to drive the market during the forecast period. The factors such as rising disposable income and availability of convenient learning opportunities will provide lucrative opportunities to the forthcoming future. The growing awareness regarding the importance of education and rising government expenditure on the development of education infrastructure is anticipated to foster the growth of the in-person learning industry. quote

Aniket Kadam
Senior Research Analyst, Consumer Goods

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, “In-Person Learning Market by Course Type, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030,The global in-person learning market was valued at $ 17,910.2 million in 2020, and is projected to reach $74,161.2 million by 2030, registering a CAGR of 10.0% from 2021 to 2030.

In-person learning generally promotes tutors including professional trainers to impart knowledge in students. Moreover, students are likely to retain more knowledge and skill in this learning to achieve success or desire goals. In addition, aggressive competition, increased concerns about health, rise in expenditure on improving living standards, high disposable income, and availability of convenient learning opportunities are some of the factors contributing towards the in-person learning market growth.

The rising government initiatives to educate rural students in the Asia-Pacific market is expected to contribute exponentially towards the growth of the market during the forecast period. Countries such as China, India, and Indonesia, are providing lucrative growth opportunities to the market players owing to the factors such as rising disposable income, rapid urbanization, rising number of private educational institutions, and rising demand for the quality education among the students to clear competitive exams.

The outbreak of the COVID-19 pandemic in 2020 had a huge and negative impact on the in-person learning market growth. During the COVID-19 pandemic, education as well as training institution across the globe has shut down which impacted their business. However, majority of the students adopted digital learning platforms such as Unacadmey, Bjyu’s, and numerous other online learning platforms. The rapid penetration of the digital learning platforms across the globe has presented a tougher challenge for the market players operating in the market, and it is also expected that a huge part of the revenue lost during the COVID-19 may never recover owing to the increased penetration of the digital learning platforms.

According to the in-person learning market analysis, the market is segmented based on course type, application, end user, and region. On the basis of course type, the market is categorized into academics, arts, sports as well as other training. Moreover, on the basis of application, the market is categorized into at-home teaching and cram school. On the basis of end user, the in-person learning market is fragmented into pre-school children, middle school students, high school students and college students. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, India and Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, United Arab Emirates and Rest of LAMEA).

As per the in-person learning market trends, by course type, the academics segment garnered the highest market share in 2020, due to availability of wider variety of courses as well as growing participation of the global students in different variety of academic courses in high schools, colleges, and universities.

By application, the cram segment led the market with significant 80.9% of the in-person learning market share in 2020. This is attributable to the factors such as increasing number renowned universities and increased liberalization to adopt new techniques to facilitate smooth learning for the students.

According to the in-person learning market forecast, by end user, the pre-school children segment is expected to be the fastest-growing segment during the forecast period, owing to the increasing concern of parents to build their basic skills of their kids before they enter into the real world. The high school student segment dominated the market in 2020, garnering a market share of 38.3%. The increased demand for upgrading skill to excel in their respective fields as well as to clear competitive exams are the major factors that drives the growth of this segment.

Key market strategies implemented by market players include product launches, mergers and acquisitions, joint ventures, partnerships, acquisitions, and geographic expansion. Product innovation is being prioritized by prominent market players in order to provide consumers with more innovative products. The key players in the global in-person learning market include are Sylvan Learning, LLC., Wayzant, Inc. (IXL Learning), Kaplan, Inc., Eurocenters, INSEAD, British Study Centres, Triumphant Institute of Management Education pvt. Ltd, Vibrant Academy, Quadrangle Tutors, ITS Education Asia, The Learning Lab, and All A's Tution Centre.

Key findings of the study

  • The global in-person learning market was valued at $ 17,910.2 million in 2020, and is projected to reach $ 74,161.2 million by 2030, registering a CAGR of 10.0% from 2021 to 2030.
  • By course type, the academic was the highest contributor to the market, with $11,616.5 million in 2020, and is estimated to reach $44,803.4million by 2030, at a CAGR of 9.6% during the forecast period.
  • By application, the cram school was the highest contributor to the market, with $ 14,495.8 million in 2020, and is estimated to reach $59,365.4 million by 2030, at a CAGR of 10.3% during the forecast period.
  • By end-user, the high school students’ segment was the highest contributor to the market, with $6,861.3 million in 2020, and is estimated to reach $27,447.1 million by 2030, at a CAGR of 10.0% during the forecast period.
  • By region, Asia-Pacific was the highest revenue contributor, accounting for $ 5,835.1 million in 2020, and is estimated to reach $ 26,534.9 million by 2030, with a CAGR of 11.4%.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Tushar Nagose
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote In-Person Learning Market by Course Type (Academics, Arts, Sports and Other training), Application (At-home Teaching and Cram School) and End User (Pre-School Children, Middle School Students, High School Students and College Students): Global Opportunity Analysis and Industry Forecast, 2021–2030 quote

View Report
 
 
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 4,210 niche industries and company profiles on more than 12,953 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Jan 2021

Surgical Equipment Market

Download Sample
rep-img

Published Date Nov 2020

Medical Implant Market

Download Sample
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"In-Person Learning Market"
Purchase Enquiry