Global Assessment Services Market- Analysis and Forecast (2021-2027) –By Type, By Application and Region.

Global Assessment Services Market size was valued US$ 6.62 Bn. in 2020 and is expected to reach US$ 10.84 Bn by 2027, at a CAGR of 7.3 % during forecast period. Global Assessment Services Market To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2016 to forecast the market through 2027. 2020 is considered a base year. Special attention is given to 2020 and effect of lockdown on the demand and supply, and also the impact of lockdown for next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

COVID-19 impact on market:

COVID-19 has the potential to have three major effects on the global economy: directly impacting production and demand, causing supply chain and market disruption, and having a financial impact on businesses and financial markets. Our analysts, who are monitoring the situation throughout the world, believe that the market would provide producers with lucrative opportunities following the COVID-19 dilemma.

Global Assessment Services Market Definition:

Assessment services are used by companies to evaluate a candidate based on different parameters. These evaluation helps companies to assess and train the employees. Consultants provide guidance on skill assessment for increasing employ-ability. Assessment services helps companies to identify, hire, and develop the best-fit talent for a given profile. Traditional assessment process is time-consuming and requires high cost.

Global Assessment Services Market Dynamics:

Number of competitive examinations and certifications are increasing, importance of skill assessment for increasing employ-ability, and rising population of the young labor force are the factors attributed to the growth of the market during the forecast period. Job immigrants are increased due to globalization in the developed countries. The inflow of immigrants in lower-skilled jobs and highly professional jobs in the developed countries is an ever rising phenomenon. The screening services for job immigrants are needed due to the new regulations being rolled out by new governments as candidates are mis-presenting their credentials. Also mobile workforce and increasing fraudulent activities are a few of the factors that are leading to a greater demand for efficient background checks by various organizations, driving the assessment services market. A rising number of young job seekers and entrepreneurs are one of the significant drivers for the market. The opportunities to the industries to build more efficient profit valued business and employ-ability issues of the youth is estimated to create lucrative opportunities in the coming years. However the online assessment services do not take any guarantee of the candidate’s potential or talent and increased data privacy issues with misleading representation by the candidates are the factors restraining the market. Related sectors with specific statistics are analyzed in the report.

Global Assessment Services Market Segment Analysis:

The online assessments services held a larger market share of USD 4.21 Billion in 2020 and are forecasted to have a CAGR of 7.7% in the e forecast period. In the past few years as technology has started playing a role, MCQ based testing are increased. A screen based tests are very common now a days. Governments and corporate are preferring online exams and is anticipated for the growth of online assessment service segment of the market. Deploying technology is a very effective method for the recruitment process helping companies join with potential candidates through aptitude test. Online Medium of assessment services promote the candidates with aptitude and attitude which is essential in achieving the organizational goals, also it helps to evaluate the candidate’s legitimacy to the profile. Global Assessment Services MarketOnline assessment enables organizations to decrease HR costs associated with training, onboarding, recruitment, and appointment via automated processes.

Global Assessment Services Market Regional Analysis

The Asia Pacific region to achieve highest CAGR of 8.8% during the forecast period. The surging number of competitive examinations and certification due to the huge population in the region and increasing requirement for skill assessment for employability in the region are driving the market in the region. Also number of job seekers and entrepreneurs are also driving the market in the region. India is expected to grow at a CAGR of 10.5% during the forecast period and held nearly 30 % market share of Asia Pacific region. Global Assessment Services Market The assessment market in Europe generated a revenue of US$ 1.43 Bn in 2020and expected to grow at a CAGR of XX% over the forecast period. The employability issues over the regions and key players providing the assessment services are different in different regions and are analyzed in detail in the report. The objective of the report is to present a comprehensive analysis of Global Assessment Services Market including all the stakeholders of the industry. The past and current status of the industry with forecasted Market size and trends are presented in the report with the analysis of complicated study of key players that includes Market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the Market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding global market dynamics, structure by analyzing the Market segments and project the global market size. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the global market make the report investor’s guide.

Global Assessment Services Market Scope: Inquire before buying

Global Assessment Services Market, by Type:

• Online Medium • Offline Medium

Global Assessment Services Market, by Assessment Application:

• Entrance Assessment Services • Recruitment & Promotion Assessment Services • Certification Assessment Services

Global Assessment Services Market, by Region

• North America • Europe • Asia Pacific • Middle East & Africa • South America

Global Assessment Services Market key players

• AON • Korn Ferry • CEB • PsytechHogan Assessments • Aspiring Minds • TT Success Insight • Cubiks • Performanse • Talent Plus • Harrison assessments • AssessFirst • Chandler Macleod • TeamLease • IBM • DDI • NSEIT • Eduquity Career Technologies • Central Test • StrengthsAsia • MeritTrac • Mettl • Beisen Frequently Asked Questions: 1. Which region has the largest share in Global Assessment Services Market? Ans: Asia Pacific region holds the highest share in 2020. 2. What is the growth rate of Global Assessment Services Market? Ans: The Global Assessment Services Market is growing at a CAGR of 7.3% during forecasting period 2021-2027. 3. What segments are covered in Global Assessment Services market? Ans: Assessment Services Market is segmented into type, assessment application and region. 4. Who are the key players in Global Assessment Services market? Ans: The important key players in the global market are – Korn Ferry, CEB, Psytech, Hogan Assessments, Aspiring Minds, TT Success Insight, Cubiks Performanse, Talent Plus, Harrison assessments, AssessFirst, Chandler Macleod, TeamLease 5. What is the study period of this market? Ans: The Global Assessment Services Market is studied from 2020 to 2027.
Global Assessment Services Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Assessment Services Market Size, by Market Value (US$ Bn) and Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 4.8. Patent Registration 5. Supply Side and Demand Side Indicators 6. Global Assessment Services Market Analysis and Forecast 6.1. Global Assessment Services Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Assessment Services Market Analysis and Forecast, by Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Assessment Services Market Value Share Analysis, by Type 7.4. Global Assessment Services Market Size (US$ Bn) Forecast, by Type 7.5. Global Assessment Services Market Analysis, by Type 7.6. Global Assessment Services Market Attractiveness Analysis, by Type 8. Global Assessment Services Market Analysis and Forecast, by Assessment Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Assessment Services Market Value Share Analysis, by Assessment Application 8.4. Global Assessment Services Market Size (US$ Bn) Forecast, by Assessment Application 8.5. Global Assessment Services Market Analysis, by Assessment Application 8.6. Global Assessment Services Market Attractiveness Analysis, by Assessment Application 9. Global Assessment Services Market Analysis, by Region 9.1. Global Assessment Services Market Value Share Analysis, by Region 9.2. Global Assessment Services Market Size (US$ Bn) Forecast, by Region 9.3. Global Assessment Services Market Attractiveness Analysis, by Region 10. North America Assessment Services Market Analysis 10.1. Key Findings 10.2. North America Assessment Services Market Overview 10.3. North America Assessment Services Market Value Share Analysis, by Type 10.4. North America Assessment Services Market Forecast, by Type 10.4.1. Online Medium 10.4.2. Offline Medium 10.5. North America Assessment Services Market Value Share Analysis, by Assessment Application 10.6. North America Assessment Services Market Forecast, by Assessment Application 10.6.1. Entrance Assessment Services 10.6.2. Recruitment & Promotion Assessment Services 10.6.3. Certification Assessment Services 10.7. North America Assessment Services Market Value Share Analysis, by Country 10.8. North America Assessment Services Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Assessment Services Market Analysis, by Country 10.10. U.S. Assessment Services Market Forecast, by Type 10.10.1. Online Medium 10.10.2. Offline Medium 10.11. U.S. Assessment Services Market Forecast, by Assessment Application 10.11.1. Entrance Assessment Services 10.11.2. Recruitment & Promotion Assessment Services 10.11.3. Certification Assessment Services 10.12. Canada Assessment Services Market Forecast, by Type 10.12.1. Online Medium 10.12.2. Offline Medium 10.13. Canada Assessment Services Market Forecast, by Assessment Application 10.13.1. Entrance Assessment Services 10.13.2. Recruitment & Promotion Assessment Services 10.13.3. Certification Assessment Services 10.14. North America Assessment Services Market Attractiveness Analysis 10.14.1. By Type 10.14.2. By Assessment Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Assessment Services Market Analysis 11.1. Key Findings 11.2. Europe Assessment Services Market Overview 11.3. Europe Assessment Services Market Value Share Analysis, by Type 11.4. Europe Assessment Services Market Forecast, by Type 11.4.1. Online Medium 11.4.2. Offline Medium 11.5. Europe Assessment Services Market Value Share Analysis, by Assessment Application 11.6. Europe Assessment Services Market Forecast, by Assessment Application 11.6.1. Entrance Assessment Services 11.6.2. Recruitment & Promotion Assessment Services 11.6.3. Certification Assessment Services 11.7. Europe Assessment Services Market Value Share Analysis, by Country 11.8. Europe Assessment Services Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Assessment Services Market Analysis, by Country 11.10. Germany Assessment Services Market Forecast, by Type 11.10.1. Online Medium 11.10.2. Offline Medium 11.11. Germany Assessment Services Market Forecast, by Assessment Application 11.11.1. Entrance Assessment Services 11.11.2. Recruitment & Promotion Assessment Services 11.11.3. Certification Assessment Services 11.12. U.K. Assessment Services Market Forecast, by Type 11.12.1. Online Medium 11.12.2. Offline Medium 11.13. U.K. Assessment Services Market Forecast, by Assessment Application 11.13.1. Entrance Assessment Services 11.13.2. Recruitment & Promotion Assessment Services 11.13.3. Certification Assessment Services 11.14. France Assessment Services Market Forecast, by Type 11.14.1. Online Medium 11.14.2. Offline Medium 11.15. France Assessment Services Market Forecast, by Assessment Application 11.15.1. Entrance Assessment Services 11.15.2. Recruitment & Promotion Assessment Services 11.15.3. Certification Assessment Services 11.16. Italy Assessment Services Market Forecast, by Type 11.16.1. Online Medium 11.16.2. Offline Medium 11.17. Italy Assessment Services Market Forecast, by Assessment Application 11.17.1. Entrance Assessment Services 11.17.2. Recruitment & Promotion Assessment Services 11.17.3. Certification Assessment Services 11.18. Spain Assessment Services Market Forecast, by Type 11.18.1. Online Medium 11.18.2. Offline Medium 11.19. Spain Assessment Services Market Forecast, by Assessment Application 11.19.1. Entrance Assessment Services 11.19.2. Recruitment & Promotion Assessment Services 11.19.3. Certification Assessment Services 11.20. Rest of Europe Assessment Services Market Forecast, by Type 11.20.1. Online Medium 11.20.2. Offline Medium 11.21. Rest of Europe Assessment Services Market Forecast, by Assessment Application 11.21.1. Entrance Assessment Services 11.21.2. Recruitment & Promotion Assessment Services 11.21.3. Certification Assessment Services 11.22. Europe Assessment Services Market Attractiveness Analysis 11.22.1. By Type 11.22.2. By Assessment Application 11.23. PEST Analysis 11.24. Key Trend 11.25. Key Development 12. Asia Pacific Assessment Services Market Analysis 12.1. Key Findings 12.2. Asia Pacific Assessment Services Market Overview 12.3. Asia Pacific Assessment Services Market Value Share Analysis, by Type 12.4. Asia Pacific Assessment Services Market Forecast, by Type 12.4.1. Online Medium 12.4.2. Offline Medium 12.5. Asia Pacific Assessment Services Market Value Share Analysis, by Assessment Application 12.6. Asia Pacific Assessment Services Market Forecast, by Assessment Application 12.6.1. Entrance Assessment Services 12.6.2. Recruitment & Promotion Assessment Services 12.6.3. Certification Assessment Services 12.7. Asia Pacific Assessment Services Market Value Share Analysis, by Country 12.8. Asia Pacific Assessment Services Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Assessment Services Market Analysis, by Country 12.10. China Assessment Services Market Forecast, by Type 12.10.1. Online Medium 12.10.2. Offline Medium 12.11. China Assessment Services Market Forecast, by Assessment Application 12.11.1. Entrance Assessment Services 12.11.2. Recruitment & Promotion Assessment Services 12.11.3. Certification Assessment Services 12.12. India Assessment Services Market Forecast, by Type 12.12.1. Online Medium 12.12.2. Offline Medium 12.13. India Assessment Services Market Forecast, by Assessment Application 12.13.1. Entrance Assessment Services 12.13.2. Recruitment & Promotion Assessment Services 12.13.3. Certification Assessment Services 12.14. Japan Assessment Services Market Forecast, by Type 12.14.1. Online Medium 12.14.2. Offline Medium 12.15. Japan Assessment Services Market Forecast, by Assessment Application 12.15.1. Entrance Assessment Services 12.15.2. Recruitment & Promotion Assessment Services 12.15.3. Certification Assessment Services 12.16. ASEAN Assessment Services Market Forecast, by Type 12.16.1. Online Medium 12.16.2. Offline Medium 12.17. ASEAN Assessment Services Market Forecast, by Assessment Application 12.17.1. Entrance Assessment Services 12.17.2. Recruitment & Promotion Assessment Services 12.17.3. Certification Assessment Services 12.18. Rest of Asia Pacific Assessment Services Market Forecast, by Type 12.18.1. Online Medium 12.18.2. Offline Medium 12.19. Rest of Asia Pacific Assessment Services Market Forecast, by Assessment Application 12.19.1. Entrance Assessment Services 12.19.2. Recruitment & Promotion Assessment Services 12.19.3. Certification Assessment Services 12.20. Asia Pacific Assessment Services Market Attractiveness Analysis 12.20.1. By Type 12.20.2. By Assessment Application 12.21. PEST Analysis 12.22. Key Trend 12.23. Key Development 13. Middle East & Africa Assessment Services Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Assessment Services Market Overview 13.3. Middle East & Africa Assessment Services Market Value Share Analysis, by Type 13.4. Middle East & Africa Assessment Services Market Forecast, by Type 13.4.1. Online Medium 13.4.2. Offline Medium 13.5. Middle East & Africa Assessment Services Market Value Share Analysis, by Assessment Application 13.6. Middle East & Africa Assessment Services Market Forecast, by Assessment Application 13.6.1. Entrance Assessment Services 13.6.2. Recruitment & Promotion Assessment Services 13.6.3. Certification Assessment Services 13.7. Middle East & Africa Assessment Services Market Value Share Analysis, by Country 13.8. Middle East & Africa Assessment Services Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Assessment Services Market Analysis, by Country 13.10. GCC Assessment Services Market Forecast, by Type 13.10.1. Online Medium 13.10.2. Offline Medium 13.11. GCC Assessment Services Market Forecast, by Assessment Application 13.11.1. Entrance Assessment Services 13.11.2. Recruitment & Promotion Assessment Services 13.11.3. Certification Assessment Services 13.12. South Africa Assessment Services Market Forecast, by Type 13.12.1. Online Medium 13.12.2. Offline Medium 13.13. South Africa Assessment Services Market Forecast, by Assessment Application 13.13.1. Entrance Assessment Services 13.13.2. Recruitment & Promotion Assessment Services 13.13.3. Certification Assessment Services 13.14. Rest of Middle East & Africa Assessment Services Market Forecast, by Type 13.14.1. Online Medium 13.14.2. Offline Medium 13.15. Rest of Middle East & Africa Assessment Services Market Forecast, by Assessment Application 13.15.1. Entrance Assessment Services 13.15.2. Recruitment & Promotion Assessment Services 13.15.3. Certification Assessment Services 13.16. Middle East & Africa Assessment Services Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Assessment Application 13.17. PEST Analysis 13.18. Key Trend 13.19. Key Development 14. South America Assessment Services Market Analysis 14.1. Key Findings 14.2. South America Assessment Services Market Overview 14.3. South America Assessment Services Market Value Share Analysis, by Type 14.4. South America Assessment Services Market Forecast, by Type 14.4.1. Online Medium 14.4.2. Offline Medium 14.5. South America Assessment Services Market Value Share Analysis, by Assessment Application 14.6. South America Assessment Services Market Forecast, by Assessment Application 14.6.1. Entrance Assessment Services 14.6.2. Recruitment & Promotion Assessment Services 14.6.3. Certification Assessment Services 14.7. South America Assessment Services Market Value Share Analysis, by Country 14.8. South America Assessment Services Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. Brazil Assessment Services Market Forecast, by Type 14.9.1. Online Medium 14.9.2. Offline Medium 14.10. Brazil Assessment Services Market Forecast, by Assessment Application 14.10.1. Entrance Assessment Services 14.10.2. Recruitment & Promotion Assessment Services 14.10.3. Certification Assessment Services 14.11. Mexico Assessment Services Market Forecast, by Type 14.11.1. Online Medium 14.11.2. Offline Medium 14.12. Mexico Assessment Services Market Forecast, by Assessment Application 14.12.1. Entrance Assessment Services 14.12.2. Recruitment & Promotion Assessment Services 14.12.3. Certification Assessment Services 14.13. Rest of South America Assessment Services Market Forecast, by Type 14.13.1. Online Medium 14.13.2. Offline Medium 14.14. Rest of South America Assessment Services Market Forecast, by Assessment Application 14.14.1. Entrance Assessment Services 14.14.2. Recruitment & Promotion Assessment Services 14.14.3. Certification Assessment Services 14.15. South America Assessment Services Market Attractiveness Analysis 14.15.1. By Type 14.15.2. By Assessment Application 14.16. PEST Analysis 14.17. Key Trend 14.18. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.4. M&A by Regions, Investment and Applications 15.2.5. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. AON 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprint 15.3.2. Korn Ferry 15.3.3. CEB 15.3.4. Psytech 15.3.5. Hogan Assessments 15.3.6. Aspiring Minds 15.3.7. TT Success Insight 15.3.8. Cubiks 15.3.9. Performanse 15.3.10. Talent Plus 15.3.11. Harrison assessments 15.3.12. AssessFirst 15.3.13. Chandler Macleod 15.3.14. TeamLease 15.3.15. IBM 15.3.16. DDI 15.3.17. NSEIT 15.3.18. Eduquity Career Technologies 15.3.19. Central Test 15.3.20. StrengthsAsia 15.3.21. MeritTrac 15.3.22. Mettl 15.3.23. Beisen 16. Primary Key Insights

About This Report

Report ID54365
Category Information Technology & Telecommunication
Published DateMarch 2020
Updated DateSept 2021
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