Corporate Assessment Services Market: Segmented By product Type (Psychometric Test, Aptitude Tests, Coding Tests, and Others); by service (Entrance Assessment Services, Recruitment & Promotion Assessment Services, Certification Assessment, Pre-Employment Assessment Service, and Development Assessment Service) and Region – Global Analysis of Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030
Product Overview
Companies utilize online corporate evaluation services to evaluate and train staff. Various key players provide solutions that allow companies to assess an applicant on the basis of different parameters. In different areas, the online market for corporate evaluation services will increase at a high rate during the prediction period. Several new players appear in the market and the competition is increasing.
Market Highlights
Global Corporate Assessment Services Market is expected to project a notable CAGR of 7.93% in 2030.
Global Corporate Assessment Services market to surpass USD XXXX million by 2030 from USD XXXX million in 2020 at a CAGR of 7.93 % in the coming years, i.e., 2021-30. The expansion of the online corporate assessment market is anticipated to be driven by an increase of focus on the evaluation of the applicant on different parameters, technological developments, and a growing focus on efficiencies and costs associated with the recruitment process. The growing popularity of gamification and consciousness about brain awareness are the main factors that create opportunities for market operators to build a strong client base.
Global Corporate Assessment Services Market: Segments
Coding test segment to grow with the highest CAGR during 2020-30
Global Corporate Assessment Services Market is segmented by product Type into Psychometric tests, Aptitude Tests, Coding Tests, and Others. During the projected timeline, the Coding test is expected to have the highest market share. The assessment of programmers' coding skills has proved to be an essential recruitment procedure in IT and software companies. In principle, these kinds of evaluation tests are executed to employ a programmer or software developer. An online code test or programming test, an online code test or a software test, and an online protocol code test are different screening methods for hiring programmers. In the virtual environment, all employers use code tests to recruit developers. If you have time, network capacity, and logistics, you hire a provider to test it or do it yourselves. Booking.com, ZS associates, Adobe, Societe Generale, Cognizant, HCL, and DRG are organizations that use coding testing.
Recruitment & Promotion segment to grow with the highest CAGR during 2020-30
Global Corporate Assessment Services Market is divided by service into Entrance Assessment Services, Recruitment & Promotion Assessment Services, Certification Assessment, Pre-Employment Assessment Service, and Development Assessment Service. The recruitment and promotion process is simplified and simplified by assessing the candidates' job-specific skills before they are recruited or promoted. The technical skills, knowledge, behavioral features, cognitive skills, and language skills required to play a particular role can be assembled through recruitment and promotional evaluation services. The promotion service helps organizations identify skills that an efficient employee possesses. The organization can hire or promote job-fit candidates through recruiting and promotion.
Market Dynamics
Drivers
Expansion of corporate market
The expansion of the online corporate assessment market is anticipated to be driven by an increase of focus on the evaluation of the applicant on different parameters, technological developments, and a growing focus on efficiencies and costs associated with the recruitment process.
Growing consciousness about gamification
The growing popularity of gamification and consciousness about brain awareness are the main factors that create opportunities for market operators to build a strong client base.
Restraint
Lack of regulation
Concerns related to network connectivity and budgetary allocation reliability and consistency may create obstacles to the future growth of the market.
Global Corporate Assessment Services Market: Key Players
DDI
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
HireVue
Aspiring Minds
Arctic Shores Limited
SHL
Mettl Online Assessment
IBM Corporation
Development Dimensions International, Inc.
Korn Ferry
AON PLC
Birkman International, Inc.
Other Prominent Players
Global Corporate Assessment Services Market: Regions
Global Corporate Assessment Services Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. During the projected timeline, North America ought to have the highest share in the total market for Corporate Assessment Services. Compared to the rest of the world, the market in Northern America is most successful, due to a growing focus on testing and customized assessments in assistance of educational institutions and professional organizations' choice and personal service. In the United States, companies prefer evaluation services as they dramatically reduce hiring and recruitment times and costs. Tests can also prevent interviewers, based on intentional or unintentional prejudice, from recruiting or rejecting candidates. In addition, given that evaluation tests can be done remotely and electronically, the pool of aspiring candidates is increased.
Corporate Assessment Services Market
Global Corporate Assessment Services Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Corporate Assessment Services Market report also contains analysis on:
Corporate Assessment Services Market Segments
By Product Type:
Psychometric Test
Aptitude Tests
Coding Tests
Others
By Service
Entrance Assessment Services
Recruitment & Promotion Assessment Services
Certification Assessment
Pre-Employment Assessment Service
Development Assessment Service
Corporate Assessment Services Dynamics
Corporate Assessment Services Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Companies utilize online corporate evaluation services to evaluate and train staff. Various key players provide solutions that allow companies to assess an applicant on the basis of different parameters. In different areas, the online market for corporate evaluation services will increase at a high rate during the prediction period. Several new players appear in the market and the competition is increasing.
Market Highlights
Global Corporate Assessment Services Market is expected to project a notable CAGR of 7.93% in 2030.
Global Corporate Assessment Services market to surpass USD XXXX million by 2030 from USD XXXX million in 2020 at a CAGR of 7.93 % in the coming years, i.e., 2021-30. The expansion of the online corporate assessment market is anticipated to be driven by an increase of focus on the evaluation of the applicant on different parameters, technological developments, and a growing focus on efficiencies and costs associated with the recruitment process. The growing popularity of gamification and consciousness about brain awareness are the main factors that create opportunities for market operators to build a strong client base.
Global Corporate Assessment Services Market: Segments
Coding test segment to grow with the highest CAGR during 2020-30
Global Corporate Assessment Services Market is segmented by product Type into Psychometric tests, Aptitude Tests, Coding Tests, and Others. During the projected timeline, the Coding test is expected to have the highest market share. The assessment of programmers' coding skills has proved to be an essential recruitment procedure in IT and software companies. In principle, these kinds of evaluation tests are executed to employ a programmer or software developer. An online code test or programming test, an online code test or a software test, and an online protocol code test are different screening methods for hiring programmers. In the virtual environment, all employers use code tests to recruit developers. If you have time, network capacity, and logistics, you hire a provider to test it or do it yourselves. Booking.com, ZS associates, Adobe, Societe Generale, Cognizant, HCL, and DRG are organizations that use coding testing.
Recruitment & Promotion segment to grow with the highest CAGR during 2020-30
Global Corporate Assessment Services Market is divided by service into Entrance Assessment Services, Recruitment & Promotion Assessment Services, Certification Assessment, Pre-Employment Assessment Service, and Development Assessment Service. The recruitment and promotion process is simplified and simplified by assessing the candidates' job-specific skills before they are recruited or promoted. The technical skills, knowledge, behavioral features, cognitive skills, and language skills required to play a particular role can be assembled through recruitment and promotional evaluation services. The promotion service helps organizations identify skills that an efficient employee possesses. The organization can hire or promote job-fit candidates through recruiting and promotion.
Market Dynamics
Drivers
Expansion of corporate market
The expansion of the online corporate assessment market is anticipated to be driven by an increase of focus on the evaluation of the applicant on different parameters, technological developments, and a growing focus on efficiencies and costs associated with the recruitment process.
Growing consciousness about gamification
The growing popularity of gamification and consciousness about brain awareness are the main factors that create opportunities for market operators to build a strong client base.
Restraint
Lack of regulation
Concerns related to network connectivity and budgetary allocation reliability and consistency may create obstacles to the future growth of the market.
Global Corporate Assessment Services Market: Key Players
DDI
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
HireVue
Aspiring Minds
Arctic Shores Limited
SHL
Mettl Online Assessment
IBM Corporation
Development Dimensions International, Inc.
Korn Ferry
AON PLC
Birkman International, Inc.
Other Prominent Players
Global Corporate Assessment Services Market: Regions
Global Corporate Assessment Services Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. During the projected timeline, North America ought to have the highest share in the total market for Corporate Assessment Services. Compared to the rest of the world, the market in Northern America is most successful, due to a growing focus on testing and customized assessments in assistance of educational institutions and professional organizations' choice and personal service. In the United States, companies prefer evaluation services as they dramatically reduce hiring and recruitment times and costs. Tests can also prevent interviewers, based on intentional or unintentional prejudice, from recruiting or rejecting candidates. In addition, given that evaluation tests can be done remotely and electronically, the pool of aspiring candidates is increased.
Corporate Assessment Services Market
Global Corporate Assessment Services Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Corporate Assessment Services Market report also contains analysis on:
Corporate Assessment Services Market Segments
By Product Type:
Psychometric Test
Aptitude Tests
Coding Tests
Others
By Service
Entrance Assessment Services
Recruitment & Promotion Assessment Services
Certification Assessment
Pre-Employment Assessment Service
Development Assessment Service
Corporate Assessment Services Dynamics
Corporate Assessment Services Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
1. EXECUTIVE SUMMARY
2. GLOBAL CORPORATE ASSESSMENT SERVICES MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. GLOBAL CORPORATE ASSESSMENT SERVICES MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. GLOBAL CORPORATE ASSESSMENT SERVICES MARKET
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. GLOBAL CORPORATE ASSESSMENT SERVICES MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By service: Market Share (2020-2030F)
12.2.1. Entrance Assessment Services, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Recruitment & Promotion Assessment Services, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. Certification Assessment, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.4. Pre-Employment Assessment Service, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.5. Development Assessment Service, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Application: Market Share (2020-2030F)
12.3.1. Psychometric Test, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Aptitude Tests, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.3. Coding Tests, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030
12.3.4. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
Company Profile
1. DDI
1. COMPANY OVERVIEW
2. COMPANY TOTAL REVENUE (FINANCIALS)
3. MARKET POTENTIAL
4. GLOBAL PRESENCE
5. KEY PERFORMANCE INDICATORS
6. SWOT ANALYSIS
7. PRODUCT LAUNCH
2. HIREVUE
3. ASPIRING MINDS
4. ARCTIC SHORES LIMITED
5. SHL
6. METTL ONLINE ASSESSMENT
7. IBM CORPORATION
8. DEVELOPMENT DIMENSIONS INTERNATIONAL, INC.
9. KORN FERRY
10. AON PLC
11. BIRKMAN INTERNATIONAL, INC.
12. OTHER PROMINENT PLAYERS
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
2. GLOBAL CORPORATE ASSESSMENT SERVICES MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. GLOBAL CORPORATE ASSESSMENT SERVICES MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. GLOBAL CORPORATE ASSESSMENT SERVICES MARKET
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. GLOBAL CORPORATE ASSESSMENT SERVICES MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By service: Market Share (2020-2030F)
12.2.1. Entrance Assessment Services, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Recruitment & Promotion Assessment Services, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. Certification Assessment, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.4. Pre-Employment Assessment Service, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.5. Development Assessment Service, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Application: Market Share (2020-2030F)
12.3.1. Psychometric Test, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Aptitude Tests, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.3. Coding Tests, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030
12.3.4. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
Company Profile
1. DDI
1. COMPANY OVERVIEW
2. COMPANY TOTAL REVENUE (FINANCIALS)
3. MARKET POTENTIAL
4. GLOBAL PRESENCE
5. KEY PERFORMANCE INDICATORS
6. SWOT ANALYSIS
7. PRODUCT LAUNCH
2. HIREVUE
3. ASPIRING MINDS
4. ARCTIC SHORES LIMITED
5. SHL
6. METTL ONLINE ASSESSMENT
7. IBM CORPORATION
8. DEVELOPMENT DIMENSIONS INTERNATIONAL, INC.
9. KORN FERRY
10. AON PLC
11. BIRKMAN INTERNATIONAL, INC.
12. OTHER PROMINENT PLAYERS
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
