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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 | Jun 2015

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

IBISWorld’s Tutoring & Test Preparation Franchises market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Kumon North America Inc. Kumon North America Inc. market share
Industry Statistics & Market Size
Revenue
$861m
Annual Growth 10-15
0.1%
Annual Growth 15-20
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Profit
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Employment
54,688
Businesses
1,278
Industry Analysis & Industry Trends

The poor economic environment has hampered demand for the Tutoring and Test Preparation Franchises industry over the past five years. Despite a growing number of primary school and college students, demand for industry services was undermined by a high unemployment rate and low disposable income. In the coming years, industry growth is expected to strengthen as the economy improves. In addition to substantial disposable income growth, which is expected to make industry services more affordable for consumers, the industry will continue to benefit from expanding markets, particularly burgeoning college enrollment.... 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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