North America is Anticipated to Dominate the K-12 Testing and Assessment Market

Tue, 29 September 2020 2:45

The Global Testing and Assessment Market is witnessing a surge due to digitalization that leads to technological advancements and the adoption of online education. The surges in the number of online users are mainly due to the emergence of technology, an increase in gamification, and collaboration with schools and colleges, thus bolstering the market growth. Further, the companies' free services and cost-effective plans by the key players foster growth. However, the lack of technical infrastructure and limited personalized assistance has restrained the growth of the market.

  • The global K-12 testing and assessment market is expected to grow at a compound annual growth rate (CAGR) of 8.9% in the forecast period.
  • The repercussions of COVID-19, such as lockdown and social distancing, have surged the business and fostered the growth of the global K-12 testing and assessment market.
  • North America dominates the K-12 Testing and assessment market because of the presence of favorable technical infrastructure and higher individual power of spending.
  • The Asia Pacific is to exhibit the fastest growth in the K-12 Testing and assessment market due to the presence of a high population, the emergence of digital technology, and significant players' presence.
  • The curriculum-based testing caters to the highest market share among the different products of the global K-12 testing and assessment market.
  • The online method segment caters to the highest market share among the different methods in the global K-12 testing and assessment market.

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According to Straits' analysis, the primary key players in the global K-12 testing and assessment market are CogniFit Ltd. (the U.S.), Edutech (India), ETS Global BV (Netherlands), Instructure Inc. (the U.S.), MeritTrac Services Pvt Ltd. (India), NIIT Ltd. (India), Pearson Plc (England), Scantron Inc. (the U.S.), and Think & Learn Pvt. Ltd. (India) among others.

K-12 Testing and Assessment Market Segmentation

By Product

  • Curriculum-based Testing
  • Non-curriculum-based Testing

By Method

  • Blended Method
  • Online Method
  • Traditional Method

By Region

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • The U.K
  • Italy
  • France
  • Spain
  • Germany
  • The Rest of Europe

The Middle East and Africa (MEA)

  • Saudi Arabia
  • Egypt
  • South Africa
  • The Rest of MEA

Asia-Pacific

  • India
  • China
  • Japan
  • Australia
  • South Korea
  • The Rest of Asia-Pacific

South America

  • Columbia
  • Brazil
  • Chile
  • Peru
  • Argentina
  • The Rest of South America

" Crucial Insights The Report Provides:"

* Known and Unknown Adjacencies Influencing the Growth of Market

* Explorable Revenue Sources

* Customer Behaviour Analysis

* Target Partners

* Customized Geographical Data Based on Customers as well as Competitors

* Analysis of Market Size and CAGR between the Forecast Periods

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