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

The tutoring market grew rapidly as companies scrambled to make state lists of approved education providers and capitalize on government funds. With the influx of new enterprises entering the market and strong economic growth, revenue grew. Consequently, revenue for the Tutoring and Driving Schools industry is anticipated to increase an annualized 3.0% to $13.0 billion over the five years to 2018, including a 1.9% increase in 2018. Over the next five years, potential changes in ESSA funding will largely dictate industry performance. The industry is projected to experience steady growth as disposable income increases. Over the five years to 2023, revenue is projected to increase an annualized 1.4% to $13.9 billion, with growth opportunities primarily emerging in online markets...purchase to read more.

Industry Statistics & Market Size
Revenue
$13bn
Annual Growth 13-18
3.0%
Forecast Growth 18-23
Profit
Employment
329,274
Businesses
166,521
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • This industry is projected to experience steady growth as disposable income increases
  • Quality concerns about public education have driven demand for tutoring services
  • The convenience and value provided by online services will increase competition
  • Industry Report - Industry SWOT Analysis Chapter

    Since this industry encompasses a range of educational services, not all areas can easily be included under the same life cycle stage. For instance, driving schools have experienced declining profitability and relatively flat growth, indicating a mature life cycle phase. Similarly, tutoring and exam preparation services are now an accepted part of the education sector. As long as the overall education system remains relatively unchanged, there will always be demand for tutoring services. At the same time, the industry does have some opportunities for growth. For example, an increasing number of operators in this industry offer their courses via the internet, and consequently, expanding their reach. This is particularly the case for exam preparation and tutoring businesses. Tut...purchase to read more.

    Additional Insights for the Tutoring & Driving Schools Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Tutoring & Driving Schools Industry are

  • Being part of a franchising chain
  • Understanding government policies and their implications
  • Having a high prior success rate (including completed prior contracts)
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Government funding for primary and secondary education in the Tutoring & Driving Schools industry impact industry performance..

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    What's in this report

    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
  • Tutoring
  • Driving schools
  • Other schools
  • Industry Activities
  • Providing academic tutoring
  • Providing exam preparation
  • Providing remedial courses at learning centers
  • Providing driver training (except bus, heavy equipment and truck)
  • Providing Bible school instruction (except degree granting)
  • Providing first aid instruction
  • Providing public speaking training
  • Providing self-defense (except martial arts) instruction
  • Providing speed reading instruction
  • Providing survival training instruction
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Government funding for primary and secondary education
  • Number of college students
  • Number of K-12 students
  • Number of employees

  • Current Performance
  • Increased demand
  • Educational concerns
  • Increasing profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Competition increases
  • Growth markets
  • Federal funding
  • Table: Tutoring & Driving Schools Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Tutoring & Driving Schools Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Community Colleges
  • Public Schools
  • Private Schools
  • Colleges & Universities
  • For-Profit Universities
  • Consumers

  • Key Selling Industries
  • Book Stores
  • Commercial Leasing
  • Computer Stores
  • New Car Dealers
  • Office Supply Stores

  • Products & Services
  • Tutoring
  • Exam preparation
  • Driving schools
  • Other schools
  • Chart: Tutoring & Driving Schools Industry Products and Services Segmentation

  • Demand Determinants
  • Government assistance and policy
  • General factors

  • Major Markets
  • Students aged under 21
  • Students aged 21 to 30
  • Students aged over 30
  • Chart: Major Market Segmentation for the Tutoring & Driving Schools Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesRent and utilitiesMarketingOther
  • Chart: Cost Structure Benchmarking – Sector vs Tutoring & Driving Schools

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Tutoring & Driving Schools Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Tutoring & Driving Schools Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Tutoring & Driving Schools Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Per capita disposable income (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Act
  • Abbreviation for American College Testing. A commonly used college admission examination.
  • Failing School
  • School that has not made adequate progress under the NCLB accountability requirements.
  • Gmat
  • Abbreviation for Graduate Management Admission. A computer-administered test used for admission into Master of Business Administration (MBA) programs.
  • Gre
  • Abbreviation for Graduate Record Examination. A standardized test that is an admission requirement for many graduate schools.
  • Lsat
  • Abbreviation for Law School Admission Test. An admission test required by all law schools approved by the American Bar Association.
  • No Child Left Behind (Nclb)
  • Act implemented in 2001 that requires states to develop assessments in basic skills to be given to all students in certain grades if those states are to receive federal funding for schools.
  • Sat
  • Abbreviation for Scholastic Assessment Test. A standardized reasoning test used for college admission.
  • Supplemental Educational Services (Ses)
  • Government-funded programs that provide free academic help to children from low-income families.
  • Title I
  • Provision of the 1965 Elementary and Secondary Education Act that provides federal funding for primary and secondary schools serving low-income families.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industry Market Report on Tutoring & Driving Schools is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Tutoring & Driving Schools:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Tutoring & Driving Schools market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Tutoring & Driving Schools, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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