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

Publisher IBISWorld
Published Dec 11, 2024
Length 77 Pages
SKU # IBSS19493596

Description

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


Tutoring & Driving Schools in the US

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

77 Pages
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

Pricing

Currency Rates
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