Assessment Services Market Consumer Needs, Trends and Drivers Analysis and Forecast to 2026

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Assessment Services Market To Reach USD 10.73
Billion By 2026
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Market Summary
The global assessment services market is expected
to reach USD 10.73 Billion by 2026, according to
a new report by Reports and Data. The increasing
demand from competition-conducting authorities to
enroll specialist exam-conducting companies and
the rising preference among the governments and
corporates to opt for online exams is anticipated
to drive assessment services market over the
coming years. Deploying technology is making the
recruitment method more effective and also
helping them join with potential candidates
through aptitude tests.
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Our Approach
Market Summary

• A rising number of young jobseekers and
  entrepreneurs are one of the significant drivers
  for the market. They often refer to the internet
  platform where they can find new and various
  forms of employment, which can offer adaptability
  and increase income-earning opportunities.
• Corporate eLearning enables organizations to
  decrease HR costs associated with training,
  onboarding, recruitment, retainment, and
  appointment via automated processes,
  sophisticated reporting and a reduced need for
  hiring talent to manage and provide training or
  continued education. The online examination uses
  the internet to conduct assessments/tests, where
  the candidates are assessed on a fully automated
  platform. The growing preference among corporates
  and governments to opt for online exams is
  anticipated to fuel the market demand in the
  upcoming years.
• Key participants include Korn Ferry, AON PLC,
  IBM Corporation, Pearson VUE, TeamLease, DDI, PSI
  Services LLC, Hogan Assessments, Talent Plus
  Inc., Cubiks, Aspiring Minds, TTI Success
  Insights, AssessFirst, Mettl, Prometric Inc.,
  Chandler Macleod, MeritTrac, and Psytech
  International among others.
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  /1512

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Our Approach
Market Summary

• Further key findings from the report suggest
• The certification assessment services are
  projected to grow at the fastest rate of 8.7 in
  the forecast period which is attributed to the
  importance of core focus of certification
  assessment services to review and determine the
  validation of submitted certification by
  individuals. Certification Assessment Services
  requires reviewing different types of
  accreditation like professional certification,
  academic degrees, and product certification,
  among others.
• The online assessments services held a larger
  market share of USD 4.21 Billion in 2018 and are
  forecasted to have a CAGR of 7.7 in the forecast
  period owing to a growing emphasis to source and
  promote the candidates with aptitude and
  attitude, which are essential for achieving the
  objectives of an organization.
• The Asia Pacific region is forecasted to have the
  highest CAGR of 8.8 during the forecast period
  due to a surging number of competitive
  examinations and certifications, and an
  increasing requirement for skill assessment for
  increasing employability in the region.
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  rm/1512

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Our Approach
Market Summary

• For the purpose of this report, Reports and Data
  have segmented global assessment services market
  on the basis of type, medium, and region
• Type Outlook (Revenue, USD Million 2016-2026)
• Entrance Assessment Services
• Recruitment Promotion Assessment Services
• Certification Assessment Services
• Medium Outlook (Revenue, USD Million 2016-2026)
• Offline
• Online
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Our Approach
Market Summary

• Regional Outlook (Revenue, USD Million
  2016-2026)
• North America
• U.S.
• Europe
• UK
• France
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• MEA
• Read More _at_ https//www.reportsanddata.com/report
  -detail/assessment-services-market

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Our Approach
About Us

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  aware about the latest trends existent in the
  market. Reports and Data has a strong base of
  experienced analysts from varied areas of
  expertise.
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