In-Person Learning Market to Reach $74.16Bn, Globally, by 2030 at 10.0% CAGR: Allied Market Research

Rise in level of competition among students, increased preferences for in-person learning, and surge in investments on education drive the growth of the global In-Person learning market.

PORTLAND, Ore., Jan. 11, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "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". According to the report, the global in-person learning industry generated $17.91 billion in 2020, and is anticipated to generate $74.16 billion by 2030, witnessing a CAGR of 10.0% from 2021 to 2030.

Prime determinants of growth

Rise in level of competition among students, increased preferences for in-person learning, and surge in investments on education drive the growth of the global in-person learning market. However,high fees of private coaching centers and upsurge in virtual teaching and learning hinder the market growth. On the other hand, security and privacy concerns regarding virtual learning present new opportunities in the coming years.

Request Sample Report at: - https://www.alliedmarketresearch.com/request-sample/15049

Covid-19 Scenario

• The outbreak of the Covid-19 pandemic led to global lockdown and temporary closure of all coaching centers in order to maintain social distancing norms, which hampered the growth of the global In-Person learning market.
• Schools, colleges, and universities had to continue learning process through online platforms, especially in the initial period of the pandemic.
• Nevertheless, the market is going to recover once the lockdown is completely over.

The academicssegment to maintain its leadership status throughout the forecast period

Based on course type, the academics segment held the highest market share in 2020, accounting for nearly two-thirds of the global in-person learning market, and is estimated to maintain its leadership status throughout the forecast period. To achieve good grades and increase performance in school and college, academics are likely to motivate students to have extra private coaching. Furthermore, most of the students find mathematics, science, and English subjects very difficult so they demand for extra coaching, which in turn,favors the in-person learning. However, the arts segment is projected to manifest the highest CAGR of 11.4% from 2021 to 2030. High disposable income and availability of convenient learning opportunities and facilities with online and smart learning solutions have witnessed significant demand for this segment and this demand is expected to increase during the forecast period.

The cram school segment to maintain its lead position during the forecast period

Based on application, the cram schoolsegment accounted for the largest share in 2020, contributing to more thanfour-fifths of the global in-person learning market, and is projected to maintain its lead position during the forecast period. This is due to deficiency in public school systems. However, the at-home teaching segment is expected to portray the largest CAGR of 10.9% from 2021 to 2030. Frequency of students seeking at-home learning has increased, which in turn, created plenty of opportunities for companies.

Asia-Pacific, followed by Europe &North America, to maintain its dominance by 2030

Based on region, Asia-Pacific, followed by Europe & North America held the highest market share in terms of revenue in 2020, accounting for around one-third of the global in-person learning market. Moreover, the same region is expected to witness the fastest CAGR of 11.4% from 2021 to 2030. Government-funded projects related to literacy development in rural areas throughout Asia-Pacific and other initiatives taken by governments to educate rural students are the major growth drivers of this market. Other regions discussed in the report include North America, Europe, and LAMEA.

For Purchase Enquiry at: -https://www.alliedmarketresearch.com/purchase-enquiry/15049

Leading Market Players:-

• Sylvan Learning, LLC.
• Wayzant, Inc.
• Kaplan, Inc.
• Eurocenters
• British Study Centres
• Triumphant Institute of Management Education Pvt. Ltd
• Vibrant Academy
• Quadrangle Tutors
• ITS Education Asia
• The Learning Lab
• All A's Tution Centre

Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter

Get more information: https://www.alliedmarketresearch.com/library-access

Similar Reports:

Online in-flight shopping Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
Party Supplies Market   : Global Opportunity Analysis and Industry Forecast, 2019-2026
Motion Picture Industry: Global Opportunity Analysis and Industry Forecast, 2018-2025
Industrial oven market: Global Opportunity Analysis and Industry Forecast, 2017-2023

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg