Assessment Services Market Size Worth USD 23.28 Billion in 2030 | Emergen Research

Assessment Services Market

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

The research report on the Global Assessment Services Market is formulated with insightful data that will help the established companies and new entrants to analyze the business trends and capitalize on investment strategies. The Assessment Services market is analyzed with an aim to provide assistance to the readers to gain maximum returns on the investment and to enable an informed decision-making process.

The global assessment services market size reached USD 12.32 Billion in 2021 and is expected to register a revenue CAGR of 7.3% during the forecast period, according to latest analysis by Emergen Research. 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. These services are used as part of training to accommodate new employees, educate current employees and impart new skills for the same job, and promote employees into positions requiring different skill sets.

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Global Assessment Services Market has been developing at a rapid rate and is contributing significantly to the global economy in terms of revenue, growth rate, sales, market share, and size. The Global Assessment Services Market report is a comprehensive research document that provides valuable insights to the readers to understand the fundamentals of the Assessment Services market.

The market is spread across several key geographical regions, and the report covers the regional analysis as well as the production, consumption, revenue, and market share in those regions for the forecast period of 2022-2030. The regions include North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.

Comprehensive Regional Analysis Covers the Following Regions:

  • North America (U.S., Canada, Mexico)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report offers a comprehensive analysis of the competitive landscape of the market through extensive profiling of the key competitors. The section on the competitive analysis covers product portfolio, company overview, production and manufacturing capacity, financial standing, revenue and gross profit margins, and market position. It also sheds light on the mergers and acquisitions, joint ventures, collaborations, and partnerships occurring in the market.

Key Players Profiled in the Report are:

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.

Key Coverage of the Assessment Services Market:

  • Insightful information regarding the global Assessment Services market
  • Identification of growth in various segments and sub-segments of the Assessment Services market
  • Strategic recommendations for investment opportunities
  • The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
  • Emerging trends and current market segment analysis to help investors formulate new business strategies
  • Accelerates the decision-making process through the availability of the drivers and limitations

The report provides a comprehensive analysis in an organized manner in the form of tables, graphs, charts, figures, and diagrams. The organized data paves the way for thorough examination and research of the current and future outlook of the market. The report further offers a thorough SWOT and Porter’s Five Forces analysis to impart a better understanding of the competitive landscape of the Assessment Services market.

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

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