$1.5bn
$XXX.Xm
36,418
23,691
$XXX.Xm
Driving schools have seen solid growth through the current period as strong growth in the aftermath of lockdowns propelled revenue upwards. Thirty-seven states require formal driver's education to qualify for a license, though these requirements are usually lifted at 18 or 21. Driving schools face a long-term trend of adolescents delaying getting a driver's license, leading to a shrinking number of aspiring drivers required to attend a driving school. Online competitors provide a cheaper substitute for the industry for adolescents in some states, so driving school is often a discretionary purchase. Solid growth in disposable income enabled consumers to buy cars and enroll in a driver's ed course, but discretionary budgets have come back under pressure as inflation escalates. Industry-wide revenue has been climbing at a CAGR of 2.3% to an estimated $1.5 billion over the past five years. Revenue will swell an estimated 0.3% in 2024 alone.
Industry revenue has grown at a CAGR of 2.3 % over the past five years, to reach an estimated $1.5bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
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2024 | Profit ($short_0)
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There are no companies that hold a large enough market share in the Driving Schools in the US industry for IBISWorld to include in this product.
Driving Schools in the US
Industry revenue is measured across several distinct product and services lines, including Occupational training, Teen driving lessons and Adult driving lessons. Occupational training is the largest segment of the Driving Schools in the US.
Teens delay getting their license more and more
This industry offers automobile driving instruction. Schools that primarily offer occupational bus and truck driving are excluded from this industry.
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NAICS 61169 - Driving Schools in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Online competitors are siphoning demand from driving schools. While some driving schools are rolling out online courses of their own, the industry is mostly composed of owner...
Learn about an industry's products and services, markets and trends in international trade.
Teen instruction is the primary product. Driver’s education has become synonymous with instruction to teens, as 37 states currently require those of a certain age to undergo ...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Driving schools serve local markets. Consumers won’t travel far to attend a driving school, so the distribution of the industry’s establishments is closely tied to population...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Location is key to securing demand. Consumers look for driving schools close to them, so operating in a location that’s convenient for as many as possible is a key competitiv...
Learn about the performance of the top companies in the industry.
There are no major driving school companies. Barriers to entry are low, so new entrants regularly join the industry and compete for local demand. This makes acquisition activ...
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The DSAA advocates for driving schools. The Driving School Association of the Americas helps make up for lackluster government funding by providing market research and shapin...
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Profit is compressing. Inflation pressured driving schools to up salaries, boosting wage expenses ahead of revenue growth.
Including values and annual change:
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Key data sources in the US include:
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The market size of the Driving Schools in the US industry in United States is $1.5bn in 2024.
There are 23,691 businesses in the Driving Schools in the US industry in United States, which has grown at a CAGR of 0.4 % between 2019 and 2024.
The market size of the Driving Schools in the US industry in United States has been growing at a CAGR of 2.3 % between 2019 and 2024.
Over the next five years, the Driving Schools in the US industry in United States is expected to grow.
Teaching driving lessons for teens and Teaching driving classes for adults are part of the Driving Schools in the US industry.
The level of competition is moderate and increasing in the Driving Schools in the US industry in United States.