At A CAGR Of 10.16% Test Preparation Market In The US Will Grow During The Period 2016-2020
The benchmarking in the education system is highly useful in measuring the performance of students, teachers, and schools. The test preparation industry has emerged alongside with the extensive standardization of the education sector in the US. This standardization essentially refers to the provision of exam preparation services to students to help them score well in entrance tests.
Test preparation providers make supplementary educational materials, mock tests, and guides available in classroom-based or online learning modes. These services help students prepare for various university and high school level exams, such as SAT and ACT, as well as certification exams, such as Law School Admission Test (LSAT) and CPA. The quality assistance in preparation for various tests help students attain academic goals.
Technavios analysts forecast the Test Preparation Market in the US to grow at a CAGR of 10.16% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the Test Preparation Market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated by test preparation service providers. The report does not consider individual private tutors.
New report, Test Preparation Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
C2 Education
Club Z
Kaplan
Pearson ELT
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Other prominent vendors
ArborBridge
BenchPrep
Huntington Learning Centre
Knewton
Manhattan Review
Revolution Prep
Sylvan Learning
Market driver
Increase in enrollment of graduates
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Market challenge
Threat from open sources
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Market trend
Increase in online distribution channels
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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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