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Tutoring & Driving Schools in the US: Market Research Report

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

Tutoring & Driving Schools Market Research Report | NAICS 61169 | Jan 2017

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

The Tutoring & Driving Schools market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 11-16
-1.4%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
322,809
Businesses
167,255
Industry Threats & Opportunities
  • An influx of new operators increased competition and limited profit growth
  • Quality concerns about public education have driven demand for tutoring services
  • The convenience and value provided by online services will increase competition
  • ... purchase to read more

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 2021, 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 - Starting a New Business Chapter

The industry has low barriers to entry, primarily given the few initial costs of establishing a business. Most businesses are able to rent office space, some on an as-need basis, and there is limited capital expenditure required on specialized equipment. Many exam preparation and tutoring businesses require computers and other technological training resources, while automobile driving schools may be required to own specially modified vehicles. These operators also have the option to lease vehicles. Course development costs are the main initial startup expense.

Reputation is important, as students and parents want to ensure that the training they are paying for is of a high standard. New.. ... 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... purchase to read more

     


    Industry ProductsRelated Reports

    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
    Test preparation TutoringDriving schoolsOther schools
     
    Industry Activities
    Providing academic tutoringProviding exam preparationProviding remedial courses at learning centersProviding driver training (except bus, heavy equipment and truck)Providing Bible school instruction (except degree granting)Providing first aid instructionProviding public speaking trainingProviding self-defense (except martial arts) instructionProviding speed reading instructionProviding survival training instruction


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    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
  • Decreasing 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
  • Products & Markets
    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
  • Test preparation
  • Tutoring
  • Other schools
  • Driving 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
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • 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
    Major Companies
    There are no major players in this industry
    Operating Conditions
    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
    Key Statistics
  • Table: Industry Data for the Tutoring & Driving Schools Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Per capita disposable income (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    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.

  • Why Buy this Report?
    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 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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