The analysts forecast global K-12 testing and assessment market to grow at a CAGR of 8.19% during the period 2018-2022. The latest trend gaining momentum in the market is gamification.
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Gamification is gaining popularity among students and teachers due to the involvement of game mechanics and game design techniques in a non-gaming context.
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The growing application of games for assessment is identified as one of the key trends that will gain traction in the K-12 testing and assessment market. The demand for games for assessment is increasing because it is considered as a powerful tool to engage individuals and enhance the formative assessment.
Major key players in the global K-12 testing and assessment market: CogniFit, Edutech, ETS, MeritTrac, Pearson Education, Scantron, CORE Education and Consulting Solutions, Literatu, Proprofs QuizMaker, and UMeWorld.
According to the K-12 testing and assessment market report, one of the major drivers for this market is rising number of collaborations between schools and assessment companies. The fundamental concept in any academic process includes examinations that assess students' learning abilities.
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Several educational institutions are entering into collaborations with various testing and assessment companies since the advent of digital assessment platform because it helps them to ensure fair and efficient testing programs. The adoption of opting digitized assessment in many educational institutions is increasing because it reduces the assessment pressure on teachers and provide students with efficient and impartial means of assessment.
Market driver: Rising number of collaborations between schools and assessment companies
Market trend: Gamification
Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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Few Points from List of Exhibits:
Exhibit 1: Parent Market
Exhibit 2: Global Education Technology Market
Exhibit 3: Market Characteristics
Exhibit 4: Market Segments
Exhibit 5: Market Definition - Inclusions and Exclusions Checklist
Exhibit 6: Market Size 2017
Exhibit 7: Validation Techniques Employed For Market Sizing 2017
Exhibit 8: Global K-12 Testing and Assessment Market - Market Size and Forecast 2017-2022 ($ Bn)
Exhibit 9: Global K-12 Testing and Assessment Market - Year-Over-Year Growth 2018-2022 (%)
Exhibit 10: Five Forces Analysis 2017
Exhibit 11: Five Forces Analysis 2022
Exhibit 12: Bargaining Power of Buyers
Exhibit 13: Bargaining Power of Suppliers
Exhibit 14: Threat of New Entrants
Exhibit 15: Threat of Substitutes
Exhibit 16: Threat of Rivalry
Exhibit 17: Market Condition - Five Forces 2017
Exhibit 18: Global K-12 Testing and Assessment Market by Method - Market Share 2017-2022 (%)
Exhibit 19: Comparison by Method
Exhibit 20: Global K-12 Testing and Assessment Market by Traditional Method - Market Size and Forecast 2017-2022 ($ Bn)
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