Higher Education Testing and Assessment Market to Record $ 5.13 Bn Incremental Growth during 2021-2025 | Top Vendors Include Aspiring Minds Inc., Edutech, and IOTA360 LLC., Among Others| Analyzing Growth in Education Services Industry | Technavio
The "Higher Education Testing and Assessment Market by Product and Geography - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
NEW YORK, Sept. 21, 2021 /PRNewswire/ -- The potential growth difference for the higher education testing and assessment market between 2021 and 2025 is USD 5.13 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
The transition of educational institutions to formative assessment is one of the key market drivers. However, factors such as weak assessment mechanism of online tests will challenge market growth.
The higher education testing and assessment market report is segmented by product (academic and non-academic) and geography (North America, Europe, APAC, MEA, and South America). North America will be the leading region with 42% of the market's growth during the forecast period. The US and Canada are the key markets for higher education testing and assessment in North America.
View our sample reportfor accurate prediction of the contribution of all the segments, and regional opportunities in store.
Companies Mentioned with their Offerings
Aspiring Minds Inc. - The company offers various assessments such as behavioral tests, personality tests, and more.
Edutech - The company offers higher education testing and assessment under the brand name Assessment Master.
McGraw-Hill Education Inc.
MeritTrac Services Pvt Ltd.
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Key Topics Covered:
Five Forces Analysis
Market Segmentation by Product
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