LONDON--(BUSINESS WIRE)--The global K-12 testing and assessment market is expected to grow by USD 5.96 billion during 2020-2024, according to the latest market research report by Technavio. Request a free sample report
Factors such as technological advances and the rising use of Big Data have increased the popularity of learning analytics in the educational industry. The adoption of learning analytics helps educational institutions to offer a personalized form of learning. It also helps predict and record the progress and outcome of individual students, which enables teachers and educators to identify the learning needs of students. Therefore, the increasing adoption of learning analytics is expected to have a positive impact on the growth of the market during the forecast period.
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40438
As per Technavio, the rising number of collaborations between schools and assessment companies will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.
K-12 Testing and Assessment Market : Rising Number of Collaborations Between Schools and Assessment Companies
Many educational institutions are collaborating with testing and assessment companies to adopt efficient testing programs. The digitized assessment software provided by the testing and assessment companies helps reduce the pressure on teachers and ensures fair and efficient means of assessment. This strategy also helps educational institutions to handle examinations simultaneously in various geographical locations. This trend is expected to boost the growth of the global K-12 testing and assessment market during the forecast period.
“Increasing emphasis on formative learning tools and the rising use of games for assessment will further boost market growth during the forecast period,” says a senior analyst at Technavio.
Register for a free trial today and gain instant access to 17,000+ market research reports
Technavio's SUBSCRIPTION platform
K-12 Testing and Assessment Market : Segmentation Analysis
This market research report segments the K-12 testing and assessment market by product (curriculum-based testing and non-curriculum-based testing), method (blended method, online method and traditional method), and geography (APAC, Europe, MEA, North America, and South America).
The North American region led the K-12 testing and assessment market in 2019, followed by Europe, APAC, South America, and MEA. During the forecast period, the North American region is expected to register the highest incremental growth due to the rising number of government initiatives to improve the quality of education and the overall development of students.
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
Some of the key topics covered in the report include:
Product
- Curriculum-based testing
- Non-curriculum-based testing
Method
- Blended method
- Online method
- Traditional method
Geographic Segmentation
- APAC
- Europe
- MEA
- North America
- South America
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
