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 2020, 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 - Industry Locations Chapter
The distribution of tutoring and driving schools is consistent with that of the US population, as establishments are generally located in heavily populated regions. Establishments involved in exam preparation and tutoring tend to be located close to schools and universities. However, there is a higher concentration of establishments in the West and Mid-Atlantic regions and a lower concentration in the Southeast and Great Lakes.
Demand for services provided by some of the segments within this industry are influenced by disposable income, so the distribution of disposable income across the regions will affect the location and number of the locations of establishments... purchase to read more