Assessment Services Market Worth $23.28 Billion by 2030 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Emergen Research ®


 

Surge in demand for skill assessment for better employability is one of the significant factors driving market revenue growth

Increasing number of competitive examinations and certifications and rising need for skill assessment for increasing employability are some key factors driving global assessment services market revenue growth.Rising necessity among competition-conducting bodies associated with tests such as TOEFL and PAPI 3 to sign up specialist exam-conducting firms and growing inclination among various sectors to opt for online computer-based tests are other key factors driving revenue growth of the global market. Focus on professional development through assessment services helps employees to develop their skills and improve performance.

Moreover, the report offers the latest coverage of the massive impact of the COVID-19 pandemic on the worldwide Assessment Services industry. The globally-disrupting incidence has impacted nearly every aspect of this business domain. However, the latest study expounds on the present market scenario and forecasts the pandemic’s aftermath, with respect to this industry. Furthermore, the major aspects of the market have been discussed in the report, with expert opinions on the current status of the market.

Market Size – USD 12.32 Billion in 2021, Market Growth – at a CAGR of 7.3%, Market Trends – Rapid increase in younger labour force size.

COVID-19 Impact Analysis:

 

This report is the latest document encompassing the massive changes that took place in the Assessment Services market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Assessment Services market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments. However, the market is expected to regain momentum in the post-COVID-19 era. The report also offers an initial and future impact assessment of the pandemic on the Assessment Services industry. Hence, the vital COVID-19 insights offered by the report are expected to help organizations manage their businesses effectively in extreme economic uncertainties.

 

To get a sample copy of the Assessment Services Market report, visit @ https://www.emergenresearch.com/request-sample/182

The global Assessment Services market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Assessment Services market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.

Global Europe Assessment Services  market competition by TOP MANUFACTURERS, with production, price, and revenue (value) and market share for each manufacturer; the top players including:

·         Some major companies in the global market report include Korn Ferry, Pearson Education Inc., Aon Plc, TeamLease, Development Dimensions International, Inc., Mercer LLC, PSI Services LLC, Hogan Assessments, Talent Plus Inc., and IBM Corporation.

 

Emergen Research has segmented the global assessment services market on the basis of product type, service type, medium, sectors, and region:

Product Type Outlook (Revenue, USD Billion; 2019–2030)

·         Psychometric Test

·         Aptitude Tests

·         Coding Tests

·         Others

 

Service Type Outlook (Revenue, USD Billion; 2019–2030)

·         Entrance Assessment Services

·         Recruitment & Promotion Assessment Services

·         Certification Assessment

·         Pre-Employment Assessment Service

·         Development Assessment Service

 

Medium Outlook (Revenue, USD Billion; 2019–2030)

·         Online

·         Offline

 

Sectors Outlook (Revenue, USD Billion; 2019–2030)

·         K-12

·         Higher Education

·         Corporate

·         Government

 

Regional Outlook (Revenue, USD Billion; 2019–2030)

·         North America

1.      U.S.

2.      Canada

3.      Mexico

·         Europe

1.      Germany

2.      France

3.      U.K.

4.      Italy

5.      Spain

6.      Benelux

7.      Rest of Europe

·         Asia Pacific

1.      China

2.      India

3.      Japan

4.      South Korea

5.      Rest of APAC

·         Latin America

1.      Brazil

2.      Rest of LATAM

·         Middle East & Africa

1.      Saudi Arabia

2.      UAE

3.      South Africa

4.      Turkey

5.      Rest of MEA

 

To learn more details about the Assessment Services Market report, visit @ https://www.emergenresearch.com/industry-report/assessment-services-market

 

Some Key Highlights from the Report

·         Coding test segment accounted for significantly large revenue share in 2021. Evaluating coding skills of programmers has emerged as an essential procedure in recruitment in IT and software firms. These types of assessment tests are generally conducted to hire a software developer or programmer.

·         The company provides improved learning services through online, next-level, intuitive graphical programs and enhanced self-assessment services.

·         Entrance assessment services are a way for educational institutes and organizations to understand the potential of a student or candidate. It is usually used as an educational skills assessment by schools and colleges as a part of the general admission process.

 

·         To get a discount on the Assessment Services Market report, visit @ https://www.emergenresearch.com/request-discount/182

Thank you for reading our report. If you have any requests for customization of the latest report, kindly get in touch with us. Our team will assist you and ensure the report is designed as per your requirements.

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