assessment services market 1

1. Assessment Services Market Size Worth USD 23.28 Billion in 2030 www.emergenresearch.com Technological developments of the 3D Bioprinters and increasing investment in R & D of stem cell and regenerative medicines are driving the demand of the market.

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5. Market Summary 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. www.emergenresearch.com

6. Market Summary • 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 different screening methods for hiring a programmer are a coding test or programming test, an online code test or software test, and an online proctored code test. • K-12 includes 12 years – from Kindergarten to 12th grade – and steady increasing competitiveness among school students and study efforts and options for preparation for competitive exams from an early age is driving revenue growth of this segment. For instance, Byju’s Think & Learn is a K-12 based online platform that offers plenty of courses focusing on India's K-12 students. The company provides improved learning services through online, next-level, intuitive graphical programs and enhanced self-assessment services. • Request Free Sample Copy@https://www.emergenresearch.com/request-sample/182 www.emergenresearch.com

7. Market Summary • 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 • Read More@https://www.emergenresearch.com/industry-report/assessment-services-market

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