Online corporate assessment services are used by companies to assess and train the employees. Various companies operating in the market provides solutions that help the companies to evaluate a candidate based on different parameters. The online corporate assessment services market is expected to grow at a high rate in the Asia-Pacific region in the forecast period. Various new players are emerging in the market which is intensifying the competition.
MARKET SCOPE
The "Global Online Corporate Assessment Services Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the online corporate assessment services market with detailed market segmentation by application, industry, and geography. The report provides key statistics on the market status of the leading online corporate assessment services market players and offers key trends and opportunities in the market.MARKET SEGMENTATION
- Based on application, the global online corporate assessment services market is segmented into campus recruitment, entrance assessment services, recruitment and promotion assessment services, and certification assessment services.
- On the basis of industry, the market is segmented into IT-ITES, FMCG, hospitality, education and skilling, manufacturing, financial services, and others.
MARKET DYNAMICS
Drivers:
- Increasing focus towards assessing the candidate based on various parameters, technological advancements, and growing focus towards increasing efficiency and reducing the cost related to the recruitment process are the major factors that are expected to drive the growth of online corporate assessment market.
- The increasing popularity of gamification and increasing awareness about brain awareness are the major factors that are the factors that are creating opportunities for companies operating in the market to gain a strong customer base.
Restraints:
- Online corporate assessment is a time-consuming process, this may act as a restraining factor for the market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The online corporate assessment services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the online corporate assessment services market in these regions.
IMPACT OF COVID-19 ON ONLINE CORPORATE ASSESSMENT SERVICES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the online corporate assessment services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from online corporate assessment services market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the online corporate assessment services market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Aspiring Minds
- British Council
- British Standards Institution
- Chandler Macleod
- Cubiks
- Educational Testing Service
- Harrison Assessments
- Korn Ferry
- Mettl Online Assessment
- The Profiles Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.