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Tutoring & Test Preparation Franchises - Industry Market Research Report

  • ID: 2510488
  • Report
  • July 2020
  • Region: Global
  • 45 pages
  • IBISWorld
High Grades: Industry Revenue is Expected to Grow in Line Disposable Income

FEATURED COMPANIES

  • Kumon North America Inc.

Tutoring & Test Preparation Franchises

The Tutoring and Test Preparation Franchises industry exhibits a low level of market share concentration, with only Kumon North America Inc. dominating the industry. The industry provides students with academic tutoring and assistance with preparing for tests, such as the SAT and ACT exams, along with more advanced graduate school admissions exams.

Operators benefit from established reputation

- The Tutoring and Test Preparation Franchises industry has low barriers to entry, making the industry relatively fragmented. Individual operators are able to purchase franchise rights with relative ease and can benefit from the company's established reputation as a result. Therefore, there was no merger and acquisition activity that occurred over the five years to 2019.

Reputation and quality drive internal competition

- Small and large operators compete heavily based on reputation and perceived quality. Industry operators must establish a reputation for quality, which is highly attractive to students seeking direct results from test preparation. As a result, operators must hire highly skilled employees that are experts in the fields that they tutor.

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.

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.

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Kumon North America Inc.
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
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Kumon North America Inc.
Note: Product cover images may vary from those shown

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