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Tutoring & Test Preparation Franchises in the US - Industry Market Research Report

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    Report

  • 33 Pages
  • February 2022
  • Region: United States
  • IBISWorld
  • ID: 2510488

High Grades: Heightened Demand for Tutoring Services is Expected to Boost Industry Revenue

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. - 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.

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

Methodology

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