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An increasing number of competitive examinations and certifications coupled with a rising population of the young labor force are estimated to stimulate market demand.
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Assessment Services Market To Reach USD 10.73 Billion By 2026
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.
Our Approach 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. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/1512
Our Approach 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. Any Query or Discount? Ask our Expert @ https://www.reportsanddata.com/discount- enquiry-form/1512
Our Approach 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 Order Now @ https://www.reportsanddata.com/checkout-form/1512
Our Approach 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 @ https://www.reportsanddata.com/report-detail/assessment-services-market
Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com