Technology

K-12 Online Tutoring Market size is set to grow by USD 122.2 billion from 2024-2028, Growing importance of stem education to boost the market growth, Technavio

Published

2 years ago

June 26, 2024

NEW YORK, June 26, 2024 /PRNewswire/ — The global K-12 online tutoring market size is estimated to grow by USD 122.2 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 13.58% during the forecast period. Growing importance of stem education is driving market growth, with a trend towards emergence of learning via mobile devices. However, threat from open tutoring resources and private tutors poses a challenge. Key market players include Ambow Education Holding Ltd., ArborBridge Inc., Chegg Inc., China Distance Education Holdings Ltd., Club Z Inc., D2L Inc., Fleet Education Services Ltd., Franchise Group Inc., Growing Stars Inc., Instructure Holdings Inc., iTutorGroup Inc., John Wiley and Sons Inc., New Oriental Education and Technology Group Inc., Nuevo Agora Centro De Estudios SL, Pearson Plc, Stride Inc., TAL Education Group, Think and Learn Pvt. Ltd., Toppr Technologies Pvt. Ltd., and Vedantu Innovations Pvt. Ltd..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Structured tutoring and On-demand tutoring), Courses (Assessments and Subjects), and Geography (APAC, Europe, North America, South America, and Middle East and Africa)

Region Covered

APAC, Europe, North America, South America, and Middle East and Africa

Key companies profiled

Ambow Education Holding Ltd., ArborBridge Inc., Chegg Inc., China Distance Education Holdings Ltd., Club Z Inc., D2L Inc., Fleet Education Services Ltd., Franchise Group Inc., Growing Stars Inc., Instructure Holdings Inc., iTutorGroup Inc., John Wiley and Sons Inc., New Oriental Education and Technology Group Inc., Nuevo Agora Centro De Estudios SL, Pearson Plc, Stride Inc., TAL Education Group, Think and Learn Pvt. Ltd., Toppr Technologies Pvt. Ltd., and Vedantu Innovations Pvt. Ltd.

Key Market Trends Fueling Growth

In the K-12 online tutoring market, mobile devices have become essential tools for learning. Institutions are adopting smartphones and tablets for personalized and flexible education. Students use these devices for content access, lectures, alerts, and other educational activities. The growing awareness and availability of tech-savvy students have mainstreamed mobile devices in education. Vendors focus on creating mobile-accessible K-12 online learning content. This trend towards mobile learning positively impacts the K-12 online tutoring market.

The K-12 online tutoring market is experiencing significant growth with the increasing trend towards remote learning. Online tutoring services provide students with personalized instruction from the comfort of their homes. The use of technology such as video conferencing and interactive whiteboards enables real-time interaction between students and tutors. The demand for online tutoring centers has surged due to the pandemic, with many schools adopting virtual classrooms. The tutoring industry offers various subjects and levels, from math and science to language arts and test preparation. Centers provide flexible scheduling options, making it convenient for students to learn at their own pace. The future of online tutoring looks promising, with advancements in technology and the continued need for personalized instruction.

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Market Challenges

The K-12 online tutoring market faces competition from free open-source tutors and private tutors. Consumers prefer these options due to personalized attention and flexible pacing. Online tutoring vendors like Ambow Education and iTutorGroup offer instructional programs for a fee, but the high cost of private tutoring is a significant draw. These alternatives may hinder the growth of the K-12 online tutoring market during the forecast period.The K-12 online tutoring market is experiencing significant growth, with an increasing number of students turning to digital learning solutions. However, this market also faces several challenges. One major challenge is ensuring effective student engagement and interaction in a virtual learning environment. Another challenge is providing personalized instruction to meet the unique needs of each student. Additionally, ensuring the security and privacy of student data is a critical concern. Furthermore, the reliability and consistency of internet connectivity can impact the quality of online tutoring services. Lastly, affordability remains a significant barrier for many families, particularly those in lower-income households. Addressing these challenges will be crucial for the continued success and growth of the K-12 online tutoring market.

For more insights on driver and challenges – Download a Sample Report

Segment Overview

This k-12 online tutoring market report extensively covers market segmentation by

Type 1.1 Structured tutoring1.2 On-demand tutoringCourses 2.1 Assessments2.2 SubjectsGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Structured tutoring- The K-12 online tutoring market offers structured subscription packages ranging from USD40 to USD120 per month. These plans ensure the availability of consistent tutors and improve student-tutor understanding. Vendors also provide access to reputed schools’ tutors through private online schools. Initiatives like free trials boost student confidence and drive growth in the segment. Monthly plans start at USD15 for 30 minutes a week, with robust support teams and specialized instruction opportunities.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Research Analysis

In the K-12 online tutoring market, smart devices have become essential tools for delivering multimedia resources in a virtual learning environment. Microlearning through videos, audio, infographics, text, and other formats caters to diverse learning preferences and time constraints. Kindergarten to high school teachers leverage personalized learning platforms to provide an interactive learning experience, addressing academic performance issues and learning gaps. Technology-driven individualized advice based on K12 curriculum and teaching techniques enhances standardized test scores. Digital learning platforms offer a wide range of multimedia resources, ensuring a passive yet engaging educational journey for students.

Market Research Overview

The K-12 Online Tutoring Market refers to the provision of educational support through digital platforms for students in kindergarten to twelfth grade. This market has gained significant traction in recent times due to the convenience it offers, especially in the wake of the global health crisis. The virtual learning environment enables students to access quality education from anywhere, anytime. The use of technology in teaching and learning has led to personalized instruction, real-time feedback, and interactive sessions. The curriculum covers various subjects, including math, language arts, science, and social studies. The market caters to diverse learning styles and abilities, making it an inclusive solution for students. The flexibility and affordability of online tutoring make it an attractive option for parents and students alike. The future of K-12 education is undeniably digital, with online tutoring playing a pivotal role in shaping the educational landscape.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeStructured TutoringOn-demand TutoringCoursesAssessmentsSubjectsGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

Technology

1-800Accountant Launches Tax Savings Services Designed for 1099 Workers

Published

36 minutes ago

April 22, 2026

New offering helps independent contractors structure their business to reduce their tax burden from day one

NEW YORK, April 22, 2026 /PRNewswire/ — 1-800Accountant, the nation’s leading virtual accounting firm for small businesses, announced the launch of a new service offering built specifically for 1099 workers and independent contractors. The service helps freelancers and self-employed professionals work with an accountant to select the right business setup for their income, with a focus on reducing taxes from the start.

Growth Is Outpacing Tax Readiness

Independent contractor work has grown significantly in recent years. 1-800Accountant’s client data shows sharp year-over-year growth across contractor-heavy industries, with Consulting up 17%, Construction up 10%, and Service-sector clients growing more than 200% compared to 2024. Despite this growth, many contractors continue to overpay their taxes because they operate without a formal business structure in place or the right tax election.

The gap is particularly visible in industries like Healthcare, Engineering, and Legal, where LLC adoption among 1-800Accountant clients sits at 81%, 72%, and 71%, respectively, well below the 90%-plus rates seen in higher-adoption industries like Construction and Real Estate. 1-800Accountant’s new business tax optimization service closes that gap by matching contractors with the right business type while ensuring their business is set up correctly before they file their first return.

“Independent contractors continue to be one of the fastest-growing segments of the American workforce, and they are also among the most underserved when it comes to strategic tax planning,” said Mike Savage, Founder and CEO of 1-800Accountant. “That lack of planning means that most 1099 workers don’t realize how much they’re leaving on the table. This service changes that. We’re giving contractors access to the same strategic advantages that established businesses have, ensuring the right business setup from the beginning.”

Tax Strategy Built In from Day One

These services walk clients through a structured process that includes accountant-recommended business types, registering with the appropriate state agencies, and coordinating with an accountant to ensure alignment between the structure and the client’s specific tax situation. 1-800Accountant integrates business setup for 1099 earners into a broader tax strategy tailored around each contractor’s income level, filing status, and long-term goals.

“What sets us apart is the tax strategy layer,” said Ryan Teeples, Chief of Strategy at 1-800Accountant. “What contractors and gig workers actually need are professionals to help them understand which tax setup makes the most sense for their income, their industry, and where they want their business to go. Then, we do the work to save on both their business and personal taxes. That’s what we’re delivering here.”

The service is available now to new and existing 1-800Accountant clients. Pricing starts at $19 per month (plus any government filing fees) and includes business setup evaluation, tax return preparation and filing, state registration, federal registration, simple-to-use AI bookkeeping software, and a consultation with a tax expert for onboarding and explanation of their individual tax situation.

About 1-800Accountant

1-800Accountant is the nation’s leading virtual accounting firm for small businesses and independent contractors. With a team of credentialed accountants and tax professionals, 1-800Accountant provides bookkeeping, tax preparation, tax planning, and advisory services to clients across all 50 states. The firm is committed to making professional accounting accessible and affordable for business owners at every stage.

Contact: Wyatt Johnson
Content Manager, 1-800Accountant
920-807-9159 | media@1800accountant.com

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SOURCE 1-800Accountant

Technology

9fin launches in APAC to expand global credit coverage

Published

36 minutes ago

April 22, 2026

With APAC playing a bigger role in increasingly complex global credit markets, 9fin brings the news, data and AI tools professionals need to navigate volatility

HONG KONG, April 22, 2026 /PRNewswire/ — 9fin, the AI-native information platform for global debt markets, has formally launched in the Asia Pacific region, giving credit professionals access to cutting-edge news, data and analysis across private and public bonds and loans.

As the 9fin team continues to grow quickly across APAC from its initial base in Hong Kong, it is supporting firms locally by providing proprietary credit intelligence, comprehensive data, and AI-powered workflow tools, all within one unified platform.

The launch comes as the tussle between public and private markets intensifies in APAC, making it more important than ever for banks, asset managers, advisors, and law firms to have visibility across the full credit landscape. While bond issuance has dropped amid geopolitical disruption, private credit activity remains robust as borrowers seek alternative financing options.

By combining deal intelligence from local sources with its extensive global credit database and AI tools, the 9fin platform gives users a comprehensive view across fragmented markets. The APAC platform includes coverage of more than 1,800 issuers and 16,000 instruments, with issuance history dating back to 2003 following 9fin’s acquisition of Bond Radar, in March 2025.

9fin is already used by more than 300 institutions globally, including KKR, Apollo, BNP Paribas, and Kirkland & Ellis. The company’s APAC buildout — supported by its $170 million Series C fundraise in March 2026 — marks the next phase of its global expansion.

Steven Hunter, CEO and co-founder at 9fin, commented: “APAC is a complex region and is becoming even more so as private markets expand and geopolitical volatility increases. The region needs a faster, smarter platform covering the full picture across bonds, loans, private credit and distressed. That’s exactly what 9fin provides. With our full platform now live in APAC, we’re giving our users the clarity to make informed decisions, faster.”

9fin’s APAC launch follows its expansion across the US, Europe, and Latin America, with CEEMEA to follow.

About 9fin

9fin is the AI-native platform for global debt markets. Founded by former J.P. Morgan banker Steven Hunter and Deutsche Bank engineer Hussam EL-Sheikh, the company combines data, analytics, and AI-powered workflows in a single platform, helping clients work smarter and faster to outperform their peers.

The company is headquartered in London, with offices in New York, Hong Kong, and Belfast and with teams across Latin America and Asia. For more information, visit 9fin.com.

Media contacts
Jessica Simpkin
jessica.simpkin@9fin.com
Shree Dhond/Katie Nerantzis
Dukas Linden Public Relations | 9fin@dlpr.com

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Technology

Trimble First Quarter Earnings Call and Webcast

Published

36 minutes ago

April 22, 2026

WESTMINSTER, Colo., April 22, 2026 /PRNewswire/ — Trimble (Nasdaq: TRMB) will hold a conference call on Wednesday, May 6, 2026 at 8 a.m. ET to review its first quarter 2026 results. The call will be broadcast live on the web at https://events.q4inc.com/attendee/544327873. Analysts who wish to dial into the call may do so by first registering at https://events.q4inc.com/analyst/544327873?pwd=s5ilhwSm. Upon registration, dial-in details will be sent via email to the registrant.

About Trimble

Trimble is a global technology company that connects the physical and digital worlds, transforming the ways work gets done. With relentless innovation in precise positioning, modeling and data analytics, Trimble enables essential industries including construction, geospatial and transportation. Whether it is helping customers build and maintain infrastructure, design and construct buildings, optimize global supply chains or map the world, Trimble is at the forefront, driving productivity and progress. For more information about Trimble (Nasdaq: TRMB), visit: www.trimble.com.

FTRMB

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SOURCE Trimble