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      K-12 Testing and Assessment Market: 46% of Growth to Originate from North America | Increasing Use of Analytics to Boost Market Growth | 17,000+ Technavio Research Reports

      Technavio (PRNewsfoto/Technavio)

      News provided by

      Technavio

      Apr 07, 2022, 23:30 ET

      Share this article

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      NEW YORK, April 7, 2022 /PRNewswire/ -- The K-12 Testing and Assessment Market value is set to grow by USD 8.24 billion, progressing at a CAGR of 10.19% from 2020 to 2025, as per the latest report by Technavio. Increasing use of analytics coupled with emphasis on formative learning tools are some of the key factors driving growth.

      Moreover, the K-12 testing and assessment market is segmented by Product (curriculum-based testing and non-curriculum-based testing), Geography (North America, Europe, APAC, South America, and MEA), and Method (blended method, online method, and traditional method).

      Technavio has announced its latest market research report titled K-12 Testing and Assessment Market by Product, Method, and Geography - Forecast and Analysis 2021-2025
      Technavio has announced its latest market research report titled K-12 Testing and Assessment Market by Product, Method, and Geography - Forecast and Analysis 2021-2025

      Download Our FREE Sample Report to uncover new strategies for future growth opportunities.

      Increasing Use of Analytics to Drive the K-12 Testing and Assessment Market

       Many schools across the globe are opting for assessment software that includes the essence of learning analytics. The concept of learning analytics is gaining traction in the global K-12 testing and assessment market owing to technological advances and the increasing use of Big Data in the educational industry. The inclusion of learning analytics and adaptive learning in the testing module enables schools to provide a personalized form of learning. Although the concepts of learning analytics, adaptive learning, and Big Data are new in K-12 education, they provide a viable option to automate the testing and assessment function of teachers and educators. The learning analytics model focuses on capturing useful information for application in classrooms to predict progress and outcome for individual students. Teachers and educators use the captured data also to identify the learning needs of students.

      Increasing Emphasis on Formative Learning Tools to be Critical Trend of K-12 Testing and Assessment Market

       Formative assessment involves the assessment of students as and when they progress with learning. The concept of formative learning enables teachers to act as a facilitator rather than a teacher. This method of learning is used to diagnose weak areas of learners and provide them with feedback. With the rise in the adoption of digital content and the growing popularity of online learning, many educators are increasingly investing in various formative assessment tools to improve their teaching methods to provide experiential learning to students. By using formative learning tools, teachers can provide quick feedback to students while teaching and they can monitor student activities on devices.

      Download Free sample Report for insights on the Drivers, Trends, and Challenges that will help companies evaluate and develop growth strategies for 2021-2025

      K-12 Testing and Assessment Market: Regional Analysis

      46% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for K-12 testing and assessment in North America. Market growth in this region will be faster than the growth of the market in the European and MEA regions.

      The increasing number of government initiatives to improve the quality of education and the overall development of students will facilitate the K-12 testing and assessment market growth in North America over the forecast period.

      Request for a FREE sample now! for more insights on the market share of various regions

      K-12 Testing and Assessment Market: Segmentation Analysis

      The K-12 testing and assessment market share growth by the curriculum-based testing segment will be significant during the forecast period. The global K-12 testing and assessment market is dominated by curriculum-based tests and assignments.

      Request for a FREE sample to gain further insights on the market contribution of various segments

      K-12 Testing and Assessment Market: Vendor Analysis

      The report analyzes the market's competitive landscape and offers information on several market vendors, including:

      • CogniFit Ltd.
      • Educational Testing Service
      • Edutech
      • Instructure Inc.
      • MeritTrac Services Pvt Ltd.
      • NIIT Ltd.
      • Pearson Plc
      • Providence Equity Partners LLC
      • Scantron Corp.
      • Think and Learn Pvt. Ltd.

      Moreover, the market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

      Download Our FREE Sample Report for more vendor insights with product offerings & news

      Related Reports

      K-12 Online Education Market in China by Product and End-user - Forecast and Analysis 2022-2026: The K-12 online education market share in China is expected to increase by USD 18.93 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 15.45%. To get more exclusive research insights: Download Our FREE Sample Report

      Game-based Learning Market in US by Product and End-user - Forecast and Analysis 2021-2025: The game-based learning (GBL) market share in the US is expected to increase by USD 4.98 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 20.31%. To get more exclusive research insights: Download Our FREE Sample Report

      K-12 Testing and Assessment Market Scope

      Report Coverage

      Details

      Page number

      120

      Base year

      2020

      Forecast period

      2021-2025

      Growth momentum & CAGR

      Accelerate at a CAGR of 10.19%

      Market growth 2021-2025

      $ 8.24 billion

      Market structure

      Fragmented

      YoY growth (%)

      9.75

      Regional analysis

      North America, Europe, APAC, South America, and MEA

      Performing market contribution

      North America at 46%

      Key consumer countries

      US, China, UK, Germany, and Canada

      Competitive landscape

      Leading companies, competitive strategies, consumer engagement scope

      Companies profiled

      CogniFit Ltd., Educational Testing Service, Edutech, Instructure Inc., MeritTrac Services Pvt Ltd., NIIT Ltd., Pearson Plc, Providence Equity Partners LLC, Scantron Corp., and Think and Learn Pvt. Ltd.

      Market Dynamics

      Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

      Customization preview

      If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

      Table of Contents

      Executive Summary

      Market Landscape

      • Market ecosystem
      • Value chain analysis

      Market Sizing

      • Market definition
      • Market segment analysis
      • Market size 2020
      • Market outlook: Forecast for 2020 - 2025

      Five Forces Analysis

      • Bargaining power of buyers
      • Bargaining power of suppliers
      • Threat of new entrants
      • Threat of substitutes
      • Threat of rivalry
      • Market condition

      Market Segmentation by Product

      • Market segments
      • Comparison by Product
      • Curriculum-based testing - Market size and forecast 2020-2025
      • Non-curriculum-based testing - Market size and forecast 2020-2025
      • Market opportunity by Product

      Market Segmentation by Method

      • Market segments
      • Comparison by Method
      • Blended method - Market size and forecast 2020-2025
      • Online method - Market size and forecast 2020-2025
      • Traditional method - Market size and forecast 2020-2025
      • Market opportunity by Method

      Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • CogniFit Ltd.
      • Educational Testing Service
      • Edutech
      • Instructure Inc.
      • MeritTrac Services Pvt Ltd.
      • NIIT Ltd.
      • Pearson Plc
      • Providence Equity Partners LLC
      • Scantron Corp.
      • Think and Learn Pvt. Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      About Technavio

      Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

      With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

      Contacts
      Technavio Research
      Jesse Maida
      Media & Marketing Executive
      US: +1 844 364 1100
      UK: +44 203 893 3200
      Email: [email protected]
      Website: www.technavio.com/

      SOURCE Technavio

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