The potential growth difference for the K-12 testing and assessment market between 2020 and 2025 is USD 8.24 bn. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
- Market Driver
- Market Challenges
The increasing use of analytics is notably driving the K-12 testing and assessment market growth. However, factors such as credibility issues may challenge the market growth.
To learn about additional key drivers, trends, and challenges available with Technavio. Read our FREE Sample Report right now!
Market Segmentation
The K-12 testing and assessment market report 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).
By product, the curriculum-based testing segment is expected to have significant market share growth during the forecast period. The K-12 testing and assessment market by the blended method is expected to register rapid growth. Many schools are opting for blended learning solutions owing to the method's growing popularity and benefits, such as cost reduction, and increased efficiency in the evaluation. Blended learning approaches are primarily used in curriculum-based testing and assessments. The product integrates many features and services that manage both online and paper testing activities from a single website.
North America will be the leading region with 46% of the market's growth during the forecast period. The US and Canada are the key countries for the k-12 testing and assessment market in North America. Market growth in this region will be faster than the growth of the market in Europe, APAC, South America, and MEA.
View our sample report for additional insights into the contribution of all the segments and regional opportunities in the report.
Some Companies Mentioned with their Offerings
- CogniFit Ltd. - The company offers different types of K-12 Testing and Assessment to introduce CogniFit for Education, a new web portal for teachers to assess, train, and monitor cognitive skills involved in the learning processes.
- Educational Testing Service - The company offers different types of K-12 Testing and Assessment to focus on building a bridge between learning and accountability.
- Edutech - The company offers different types of K-12 Testing and Assessment such as gaming, automation, and AI can help make tests more equitable for all students.
- Instructure Inc. - The company offers different types of K-12 Testing and Assessment such as Canvas LMS, Videri Analytics, Canvas Studio, and others.
- MeritTrac Services Pvt Ltd. - The company offers different types of K-12 Testing and Assessment for hiring & workforce development.
- To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
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K-12 Testing And Assessment Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10.19% |
Market growth 2021-2025 |
USD 8.24 billion |
Market structure |
Fragmented |
YoY growth (%) |
9.75 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 46% |
Key consumer countries |
US, China, UK, Germany, and Canada |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
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. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
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SOURCE Technavio
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