Corporate Assessment Services Market Scope
Company Assessments are tools for evaluating the performance of all key systems and processes of the company. Executives worldwide are turning to Company Assessments to help gather more complete information about the departments and processes which they manage and to help their organizations compete more effectively.
The market study is being classified by Type (Psychometric Tests, Aptitude Tests, Domain Tests and In-Person Interviews), by Application (Recruitment of Frontline Employee, Recruitment of Managers and Internal Assessment and Promotion) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Corporate Assessment Services market throughout the predicted period.
AON (United Kingdom), Korn Ferry (United States), CEB (United States), Psytech (India), Hogan Assessments (United States), Aspiring Minds (United States), TT Success Insight (United States), Cubiks (United Kingdom), Performanse (France), Talent Plus (United States) and IBM (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are AssessFirst (France), Chandler Macleod (Australia), TeamLease (India), DDI (United States), Central Test (France) and StrengthsAsia (Singapore).
AdvanceMarketAnalytics has segmented the market of Global Corporate Assessment Services market by Type, Application and Region.
On the basis of geography, the market of Corporate Assessment Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Leaders and their expansionary development strategies
On 3rd December 2019, SHL, the world leader in talent innovation, announced that it has completed the acquisition of Aspiring Minds. SHL offers the largest and most valid database of human potential coupled with a history of scientific rigor, and has now added Aspiring Mindsí proven, AI-powered suite of assessment and interviewing tools, creating the most comprehensive and transparent talent strategy solution available in the market today.
- High Adoption of Aptitude Tests in The Institutes
- Increasing Demand from Small Sized Enterprises
- Rising Demand for Humen Resource Management in the Various End-User Industries
- Technological Advancement Associated with Corporate Assessment Services
- Increasing Demand from Developing Countries
- The Technological Complexities Associated with Corporate Assessment Services
- Intense Competition in the Market
Key Target AudienceCorporate Assessment Services Providers, Government Regulatory Bodies, Government Research Organizations, Private Research Organizations and Others
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