30-September-2022

K-12 Testing And Assessment Market 2021-2025: 46% of Growth Rate will Develop from North America

The k-12 testing and assessment market share is expected to grow by USD 8.24 billion, accelerating at a CAGR of 10.19% during the forecast period. Technavio’s research reports offer a detailed analysis of the market segments, delving deep into the factors that will lead to the growth of each segment. It also offers insights that are likely to have a negative impact on market growth. This comprehensive analysis of the market will enable clients to identify areas of growth and steer clear of the low-performing segments. Unlock Free Sample Analysis Report

K-12 Testing And Assessment Market 2021-2025: 46% of Growth Rate will Develop from North America

K-12 Testing And Assessment Market: Market Segments and Growth Forecasts

The k-12 testing and assessment market report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • 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).
  • The K-12 testing and assessment market size in the curriculum-based testing segment will be significant during the forecast period. The growth of the segment is attributed to curriculum-based tests and assignments.
  • Factors such as the increasing number of government initiatives to improve the quality of education and the overall development of students will drive the K-12 testing and assessment market growth in North America.
  • 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.
  • The k-12 testing and assessment market report provides an accurate prediction of the contribution of all the geographic segments to the growth of the k-12 testing and assessment market size.

K-12 Testing And Assessment Market: Trends, Drivers, Challenges

  • The increasing use of analytics will be a significant factor in driving the growth of the K-12 testing and assessment market.
  • The increasing emphasis on formative learning tools is the major K-12 testing and assessment market trend that will positively impact the market growth.
  • The credibility issue is a hurdle that needs to be crossed on the path to success.

K-12 Testing And Assessment Market: Vendor Analysis

The market is fragmented due to the presence of several players.

  • 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.

Download the Free PDF Sample Report The custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerating at a CAGR of 10.19%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by USD 8.24 billion.

     
  3. What is a key factor driving this market?
    The increasing use of analytics will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market?
    46% growth will originate from North America.

     
  6. Who are the leading market vendors?
    The leading vendors in this market are 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.

     
  7. What are the market segments covered in this report?
    The 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)
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