Tutoring & Driving Schools in the US
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.
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.
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