Frequently Asked Questions:
- Based on separation by product, what is the main market segment?
Based on the result, the market saw the largest growth in the academic sector in 2019.
- What are the key market trends?
The increase in automation of rating systems is the main trend in the market.
- At what rate is the market expected to grow?
The market is expected to grow at a CAGR of over 4% in the forecast period.
- Who are the key players in the market?
The leading market players are Aspiring Minds Inc., Edutech, IOTA360 LLC., McGraw-Hill Education Inc., MeritTrac Services Pvt Ltd., Mettl Online Assessment, Mindlogicx, Pearson Plc, Scantron Corp., and Wheebox.
- What are the key market drivers and challenges?
The market is driven by the growing demand for custom learning. However, the growing use of open source software could challenge growth.
- How big is the North American market?
North America market control with a share of 41% in 2019.
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The market is fragmented, and the rate of breakdown will accelerate in the forecast period. Some of the key partners are Aspiring Minds Inc., Edutech, IOTA360 LLC., McGraw-Hill Education Inc., MeritTrac Services Pvt Ltd., Mettl Online Assessment, Mindlogicx, Pearson Plc, Scantron Corp., and Wheebox in the market. While the rising demand for custom learning will present huge growth opportunities, the use of open source software is likely to be a challenge for market vendors. In an effort to help players strengthen their market, this higher education test and evaluation market forecast report provides a detailed analysis of the major market vendors. The report also empowers business honchos with information about the competitive landscape and insights into the various product offerings offered by different companies.
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Higher Education Test and Assessment Market 2020-2024: Segmentation
The Higher Education Test and Assessment Market is segmented as follows:
- Goods
- Geography
- North America
- Europe
- APAC
- MEA
- South America
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Higher Education Test and Assessment Market 2020-2024: Scope
Technavio provides a detailed picture of the market with the method of analysis, synthesis, and data collection from multiple sources. The higher education test and evaluation market report covers the following areas:
- Higher Education Test and Evaluation Market Size
- Higher education test and evaluation market trends
- Higher Education Test and Evaluation Market Industry Study
This study identifies the increase in grading system automation as one of the key factors driving the growth of the Higher Education Test and Assessment Market in the next few years.
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Higher Education Test and Assessment Market 2020-2024: Key Events
- CAGR of the market in the projected period 2020-2024
- Details of what will help test higher education and assess market growth over the next five years
- Measurement of the size of the higher education test and evaluation market and its contribution to the parent market
- Predict future trends and changes in consumer behavior
- Cross-market higher education testing and evaluation market growth North America, Europe, APAC, MEA, and South America
- Analysis of the competitive market landscape and detailed information on vendors
- Complete details of factors that challenge the growth of higher education test and evaluation market vendors
Contents:
Government Minutes
Market landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market expansion
- Market definition
- Market segment analysis
- Market size 2019
- Market forecast: Outlook for 2019 – 2024
Five Force Analysis
- Summary of five Forces
- Buyers’ bargaining power
- Power of supplier bargaining
- Danger of new entrants
- Agent risk
- Conflict risk
- Market conditions
Market view by product
- Market shares
- Comparison by result
- Academic – Market size and outlook 2019-2024
- Non-Academic – Market size and outlook 2019-2024
- Market opportunity by product
Customer landscape
Geographical Landscape
- Geographical separation
- Geographical comparison
- North America – Market size and outlook 2019-2024
- Europe – Market size and outlook 2019-2024
- APAC – Market size and outlook 2019-2024
- MEA – Market size and outlook 2019-2024
- South America – Market size and outlook 2019-2024
- Key advanced countries
- Geographic market opportunity
- Market drivers
- Market challenges
- Market trends
Landscape Seller
- Seller landscape
- Landscape breaking
Vendor analysis
- Vendors covered
- Vendor market position
- Aspiring Minds Inc.
- Edutech
- IOTA360 LLC.
- McGraw-Hill Education Inc.
- MeritTrac Services Pvt. Limited.
- Mettl Online Assessment
- Mindlogicx
- Pearson Plc
- Corp. Scantron Corp.
- Wheelbox
Appendix
- Scope of the report
- Currency conversion rates for US $
- Research methodology
- List of abbreviations
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