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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 | Mar 2013

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
$840m
Annual Growth 08-13
-0.2%
Annual Growth 13-18
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Profit
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Employment
115,134
Businesses
56
Industry Analysis & Industry Trends

Many online businesses have developed convenient tools and programs for students as a substitute for industry services. 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 next five years, the industry will benefit from rising employment, school enrollment, government funding and disposable income. Nonetheless, competition from online-only services will still represent a challenge.... purchase to read more

Industry Report - Industry Locations Chapter

The geographic spread of this industry is consistent with the population distribution in the United States; establishments are generally located in heavily populated regions. Industry firms tend to be located closer to areas with many academic institutions. The highest concentrations of establishments are in the West and Mid-Atlantic regions.

Demand for tutoring and test preparation is also influenced by per capita disposable income. Thus, more establishments are located in areas with higher disposable income. The higher disposable income in the Mid-Atlantic accounts for the larger concentration of industry revenue in the region. The region accounts for 24.3% and 19.2% of revenue and establishments, respectively... 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, as well as revenue from publishing, are excluded from this industry.

Industry Products
Exam preparationTutoring
 
Industry Activities
TutoringExam preparation


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