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Tutoring & Driving Schools in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Tutoring & Driving Schools Market Research Report | NAICS 61169 | Jun 2014

Average score: Increasing demand will spur growth, but shifting requirements may stifle progress

IBISWorld’s Tutoring & Driving Schools market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 08-13
-0.8%
Annual Growth 13-18
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Profit
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Employment
272,211
Businesses
128,522
Industry Analysis & Industry Trends

Funding under the No Child Left Behind (NCLB) program and greater competition among high school students for college admission have boosted demand for tutoring and test preparation services. In the five years to 2019, the tutoring and test preparation segment will continue to lead the industry's performance, but the trend of more students enrolling in discretionary services will likely boost revenue. Additionally, improving per capita disposable income will support this segment's recovery. However, profit growth will be hampered by a growing number of online competitors, which will significantly contribute to price competition... purchase to read more

Industry Report - Starting a New Business Chapter

The industry has low barriers to entry, primarily given the few initial costs of establishing a business. Most businesses are able to rent establishments, some on an as-required basis, and there is limited capital expenditure required on specialized equipment. Many exam preparation and tutoring businesses require computers and other technological training resources, while automobile driving schools may be required to own specially modified vehicles. These operators also have the option to lease vehicles. Course development costs are the main initial startup expense.

Reputation is important, as students and parents want to ensure that the training they are paying for is of a high standard... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Tutoring & Driving Schools Industry?

This industry includes exam preparation and tutoring services, automobile driving schools and various other educational services. Academic schools, colleges and universities are excluded from this industry, as are schools offering instruction in business, management, computers, technical and trade areas, fine arts, athletics and languages.

Industry Products
Exam preparation and tutoringDriving schoolsOther schools
 
Industry Activities
Providing academic tutoringProviding exam preparationProviding remedial courses at learning centersProviding driver training (except bus, heavy equipment and truck)Providing Bible school instruction (except degree granting)Providing first aid instructionProviding public speaking trainingProviding self-defense (except martial arts) instructionProviding speed reading instructionProviding survival training instruction


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