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Tutoring & Driving Schools in the US - Industry Market Research Report

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    Report

  • 48 Pages
  • April 2023
  • Region: United States
  • IBISWorld
  • ID: 239702

Make the grade: Industry profit will be hampered by the growing number of online competitors

Tutoring centers and driving schools enjoyed growth through the early part of the past five years but faced declines and stagnation in the years following the COVID-19 pandemic. Many new tutors have entered the industry, intensifying competition and suppressing the price of services. Students are also more able than ever to self-tutor with free online videos, lead tutoring centers to perform fairly weakly through the period. Because of strong early period growth and recent upturns, though, industry-wide revenue has been growing at a CAGR of 0.4% over the past five years and is expected to total $14.4 billion in 2023, when revenue will climb by an estimated 1.5%.

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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Graham Holdings Co

Methodology

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