Outside School Hours Care Market

Goals

Determine the market landscape of the outside school hours care market. The information will be used to know more about the market opportunity and the market entry approach.

Early Findings

OUTSIDE SCHOOL HOURS CARE MARKET

  • The outside school hours care market revolves around programs for young people that are held on non-school days.
  • The venues of these programs can be in schools, community centers, libraries, or parks."
  • The programs typically includes sports, help with school work, and other creative activities.
  • The total market size of the after school hours care in terms of total revenue earned for 2018 is $23 billion.
  • The annual growth of this sector is 1.3% from 2013 to 2018.
  • There are 224,792 businesses that are offering this type of service.
  • There are around 1,083,089 people employed in this industry.
  • From 2013 to 2018, the market's growth was propelled by students' demands for these after-school activities.
  • After School Programs, Inc. (ASPKids) provides after-school activities in Broward, Dade, Orange, Collier counties in Florida and Baltimore, Maryland.

Proposed next steps:

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Our initial research uncovered several key information on the outside school hours care market. Given that, we recommend continuing the research to deliver the additional information needed to fully understand the market landscape. The geographical focus is the US. We will deliver the rest of the information in several research blocks. (1)If still needed, validate the provided outside school hours care market size above from other market research sources. (2)Provide the market growth forecast of the outside school hours care industry from 2019 to 2024. (3)Provide 5-7 trends that are impacting the outside school hours care industry in the US. For each trend identified, we will include a detailed description of what is the trend, how or why it is impacting the outside school hours care market, and examples of brands or companies that are manifesting the trend. We will also identify 3-5 major providers in the outside school hours care industry. We will determine the major companies based on revenue. We will also deliver a competitive annalysis of the major providers. For each company, we will provide a 1-2 sentence overview, list of product offerings, their target market, and their competitive advantage in terms of the content, user experience, creative features, and other notable aspects. We also recommend performing a strength, weaknesses, opportunities, and threats (SWOT analysis) of the outside school hours care industry for a deeper understanding of the market.