The top online tutoring sites in the world are spending heavily on investments to offer the best online tutoring sites to the learners. Many companies are investing on online tutoring websites that integrate the modern AI technologies into their best online tutoring programs. The global online tutoring market is forecast to witness a CAGR of about 14% for the next five years, with the growing importance of online tutoring and rising demand for online tutoring websites across developed and developing countries. The increasing number of online tutoring sites for test preparation and vocal training is expected to fuel the growth of the leading online tutoring companies. According to Technavio’s latest market research report, the global online tutoring market is moderately fragmented owing to the presence of many online tutoring sites who offer the best online tutoring programs and courses.
Rise of the Online Tutoring Sites
Online tutoring services refers to the process of teaching through the online medium where the tutors and students can interact virtually. Some of the leading online tutoring sites are placing greater emphasis on modern AI technologies that highlight the benefits of online tutoring. The growing adoption of online tutoring services and growing importance of online tutoring is compelling the top online tutoring sites to expand their geographical reach and enter new business territories. Here follows the list of the top online tutoring companies in the world.
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Top Online Tutoring Sites in the World 2020
Chegg
Chegg is one of the top online tutoring sites in the world with a wide presence in the global online tutoring market. Chegg was established in 2005 by Osman Rashid, Aayush Phumbhra, and Josh Carlson and is headquartered at California, US. Chegg, one of the best online tutoring websites has an annual revenue of over USD 255 million and almost 900 professionals are employed with the company.
Club Z
Club Z is one of the best online tutoring sites based out of Florida, US that offers test preparation and tutoring services. Club Z was founded in 1995 and offers online tutoring services for grades through 12, and college tutoring. The annual revenue of Club Z is estimated to be around USD 100 million and the top online tutoring companies has over 200 employees around the world.
Education First
Education First was established in 1965 and is considered among the best online tutoring sites in the world. Education First was founded by Bertil Hult and the headquarters are located at Zurich, Switzerland. The annual revenue of Education First is more than USD 100 million and almost 37,000 professionals are employed with this one of the best online tutoring websites.
Fleet Education Services
Fleet Education Services is a leading online tutoring company and is located at London, UK. Fleet Education Services has a diversified network of online tutors who offer online tutorial programs for wide range of subjects such as Accounts, Maths, Psychology, English, and many other subjects. The annual revenue of Fleet Education Services is more than USD 50 million.
Kaplan
Kaplan is one of the best online tutoring websites in the global online tutoring market and was established in 1938 at Florida, US. Kaplan was founded by Stanley Kaplan, a pioneer in the field of education and this top online tutoring company offers online tutorial programs for colleges and corporate organizations. The annual revenue of Kaplan is around USD 1.5 billion and more than 3,000 professionals are employed with the top online tutoring company.
Think Academy
As one of the world’s top online tutoring companies owned by TAL Education Group (NYSE: TAL), Think Academy offers EdTech-powered online courses that are specially-designed and delivered to help students achieve better academic results in Key Stage 1, Key Stage 2 and SATs. All Think Academy UK teachers are highly experienced to ensure that every student’s leaning experience is fun and effective.
Top Online Tutoring Sites: Future Direction and Trends
The global online tutoring market is forecasted to grow rapidly over the next few years owing to increased adoption of learning through online tutoring websites and growing importance of online tutoring across the globe. The advent of online technologies and modern AI systems are likely to augment the growth of the top online tutoring sites over the next five years as there is a surge in demand for online education as it saves on time and money. Several online tutoring companies are spending heavily on R&D and technological enhancements to stay competitive in the global online tutoring market and offer the best online tutorial programs for the academic and corporate learners.