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Tutoring & Test Preparation Franchises in the US: Market Research Report

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

Tutoring & Test Preparation Franchises Market Research Report | Business Franchises | Personal Service Franchises | Jul 2014

Extra credit: Operators will focus on providing highly qualified staff to combat rising competition

IBISWorld’s Tutoring & Test Preparation Franchises market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Kumon North America Inc. Kumon North America Inc. market share
Industry Statistics & Market Size
Revenue
$861m
Annual Growth 09-14
0.3%
Annual Growth 14-19
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Profit
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Employment
53,436
Businesses
1,254
Industry Analysis & Industry Trends

Many online businesses have developed convenient tools and programs for students as a substitute for services provided by the Tutoring and Test Preparation Franchises. Low employment has further depressed consumer spending on tutoring and test preparation. To attract clients, industry franchises have spent an increasing proportion of revenue on high-quality teachers and marketing, which have caused costs to skyrocket and hurt profitability. In the five years to 2019, the industry will benefit from rising employment, school enrollment, government funding and disposable income. Nonetheless, competition from online-only services will continue to remain a challenge.... purchase to read more

Industry Report - Industry Products Chapter

Exam preparation

Accounting for about 35.0% of industry revenue, exam preparation services include preparation for college entrance exams and professional examinations. During the past five years, this segment has grown as a percentage of industry revenue as an increasing number of students prepare for standardized testing and compete for college admission. K-12 students generally use exam preparation services for the SATs, ACTs and other placement exams for college classes. College students use industry services for graduate school admissions exams such as the GMAT, LSAT and MCAT exams.

Tutoring

Tutoring services represent the largest percentage of industry revenue at 65.0%... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Tutoring & Test Preparation Franchises Industry?

This industry offers exam preparation and tutoring services. Academic schools, colleges and universities are excluded, as are schools that offer instruction in business, driving, management, computers, technical and trade areas, fine arts, athletics and languages. Online-only operators are excluded from this industry.

Industry Products
Exam preparationTutoring
 
Industry Activities
TutoringExam preparation


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