[195+ Pages PDF Report] Global corporate assessment services market in 2019 was approximately USD 2,000 Million. The market is expected to grow above a CAGR of 8.0% and is anticipated to reach over USD 3,500 Million by 2026.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the corporate assessment services industry. The report analyzes and declares the historical and current trends analysis of the corporate assessment services industry and subsequently recommends the projected trends anticipated to be observed in the corporate assessment services market during the upcoming years.
The corporate assessment services market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire corporate assessment services market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the corporate assessment services industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the corporate assessment services industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the corporate assessment services market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the corporate assessment services industry. The corporate assessment services market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the corporate assessment services sector. Key strategic developments in the corporate assessment services market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the corporate assessment services market are appropriately highlighted in the report.
The corporate assessment services market research report delivers an acute valuation and taxonomy of the corporate assessment services industry by practically splitting the market on the basis of different types, categories, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the corporate assessment services industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the corporate assessment services industry is provided for the leading economies of the world.
Corporate assessment is a tool for evaluating the performance of employees at all levels. The corporate assessment outlines the efficiency of an employee and corporate assessment also helps in encouraging the positive performance of an employee to annihilate the weak links. A thorough corporate assessment helps in aligning employee performance with the company growth and goal. Further, the corporate assessment also helps employees to understand what exactly is expected from them by the company, which further helps employees to grow. A corporate assessment generally includes psychological tests, psychometrics, aptitude tests, personal interview, etc. These tests are conducted at various levels in an organization.
In recent years, the number of job applicants has increased drastically due to the increasing number of people entering the global workforce has increased owing to the rising population. To hire skilled employees, companies are using various types of assessment tests to evaluate the skill sets of the employee. Companies often use aptitude tests and personal interviews for candidate assessment. Large companies often select assessment service providers for talent assessment purposes, which has been a key growth driving factor for the global corporate assessment services market.
Key Segments: Corporate Assessment Services Market
The corporate assessment services market is segmented based on type, application, and region. On the basis of type segmentation, the market is classified into psychometric tests, aptitude tests, in-person interviews, and others. On the basis of application, the market is classified into the recruitment of frontline employees, recruitment of managers, and internal assessment and promotion.
Top Market Players
Some of the essential players operating in the corporate assessment services market, but not restricted to include Aon plc, Cubiks Ltd., Psytech International, Korn Ferry, Target Training International, Ltd., Gartner, Inc. (CEB), Talent Plus, Hogan Assessment, Eduquity Career Technologies, Harrison assessments, StrengthsAsia Pte Ltd, DDI, TeamLease Services Ltd, AssessFirst, Central Test, NSE.IT, Chandler Macleod Group Limited, MeritTrac, Mettl, Beisen Cloud Computing Co., Ltd., and others.
The taxonomy of the corporate assessment services market by its scope and segmentation is as follows:
Global Corporate Assessment Services Market: By Type Segmentation Analysis
Global Corporate Assessment Services Market: By Application Segmentation Analysis
Global Corporate Assessment Services Market: Regional Segmentation Analysis
KEY REPORT POINTERS & HIGHLIGHTS:
Table of Content
Key Insights from Primary Research
Key Recommendations from Analysts
Industry Major Market Players
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