Corporate Assessment Services | North America| Demand, Share, Size, Development, Opportunity, Growth Factors, Major Companies, Revenue, Innovation and Forecast 2020-2027

14/giu/2020 17:03:25 Nagesh Kambale Contatta l'autore

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Corporate Assessment Services Industry 2020 Market Analysis report gives the In-depth analysis of historical data along with size, share, growth, demand, revenue and forecast of the Corporate Assessment Services and estimates the future trend of market on the basis of this detailed study. The report shares market performance both in terms of volume and revenue and this factor which is useful & helpful to the business.

The market for corporate assessment services is fragmented with the presence of due to the presence of a significant number of companies operating in the market. Moreover, the strong presence of regional market players with limited geographic focus and a notable customer base within the local market has further boosted the overall competitiveness existing in the market. The companies operating in the are offering a wide range of assessment services for different hiring levels.

Also, the service providers are focusing on offering cutting edge solutions to their clients by integrating advanced technologies such as AI and predictive analytics to provide the recruiters with actionable insights to help them during the hiring process.During the forecast period of 2019 to 2027, the cognitive by product is anticipated to be the largest contributor in the corporate assessment services market. Whereas, performance segment is projected to be the fastest-growing application with the highest CAGR over the forecast period.Cognitive assessment is a type of pre-employment assessment that evaluates a candidate’s aptitude to solve problems. Cognitive aptitude can be the optimal predictor of job performance. It includes multiple-choice items that evaluate several mental abilities, such as numerical and verbal ability, reasoning, and reading knowledge. Performance assessment tools need employees to demonstrate or prove that they have mastered the area being assessed.

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Corporate Assessment Services Market – Companies Mentioned

Canada is anticipated to be the fastest growing country in the corporate assessment services market in 2018. The growing number of entrepreneurs and young jobseekers are one of the significant drivers for the corporate assessment services market in Canada. They often prefer an internet platform where they can find new and several forms of employment. The online exam uses the internet to conduct assessments where the applicants are assessed on a fully-automated platform. Thus, the rising preference among corporates to opt for online exams is anticipated to fuel the corporate assessment services market demand during the forecast period. The figure given below highlights the revenue share of Mexico in the corporate assessment services market in the forecast period:

· AON PLC

· Arctic Shores Limited

· Aspiring Minds

· Birkman International, Inc.

· Development Dimensions International, Inc.

· HireVue

· Korn Ferry

· IBM Corporation

· Mettl Online Assessment

· SHL

Currently, the US is dominating the in terms of installation, which in turn boosts the demand for the Corporate Assessment Services market in the region. The US alone absorbs the major share of the total spending in artificial intelligence technology. The growth in Corporate Assessment Services in the US is mainly driven by factors that include its state of being one of the best internet connected countries in the world, with around 85% of its population using the internet in 2018. Also, the US has deep integration of IoT based connected devices that generate a huge amount of digital data every second. Further, the country is a hub of leading IT & cloud-based companies, which includes Accenture, IBM, Microsoft Corporation, and many others. The rising demand for automation in several tech & financial institutions is also significantly contributing to the market. The figure given below highlights the revenue share of Mexico in the North America Corporate Assessment Services market in the forecast period:

NORTH AMERICA CORPORATE ASSESSMENT- SERVICES MARKET SEGMENTATION

NORTH AMERICA CORPORATE ASSESSMENT- By Product

· Cognitive

· Personality

· Knowledge

· Performance

· Company Fit

· Others

NORTH AMERICA CORPORATE ASSESSMENT- By Application

· Campus Recruitment

· Entrance Assessment Services

· Recruitment & Promotion Assessment Services

· Certification Assessment Services

NORTH AMERICA CORPORATE ASSESSMENT- By Hiring Phase

· Pre-Hire

· Post-Hire

NORTH AMERICA CORPORATE ASSESSMENT- By Hiring Level

· Executive

· Entry Level

· Professional

· Others

NORTH AMERICA CORPORATE ASSESSMENT- By Country

· US

· Canada

· Mexico

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