The analysts forecast global cognitive assessment and training market to grow at a CAGR of 32.39% during the period 2018-2022. One trend in the market is rising adoption of gamification for cognitive assessment.
Gamification has been increasingly adopted for making cognitive assessments interesting and engaging. Often, cognitive tasks may be viewed as effortful, frustrating, and repetitive, leading to participant disengagement.
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Major key players in the global cognitive assessment and training market: Bracket, Cambridge Cognition, Cogstate, CogniFit, ImPACT Applications, and Posit Science.
According to the cognitive assessment and training market report, one driver in the market is cost-effective online cognitive assessments. Cognitive assessments are one of the key determinants of an individual's brain health and his/her ability to think and react in critical situations.
Hence, various multinational corporations are adopting cognitive assessments as one of the important stages of the recruitment process. The use of pen- and paper-based tests for measuring the cognitive ability of potential candidates is not only laborious but also involves significant monetary investments.
Further, the cognitive assessment and training market report states that one challenge in the market is mindset constraints. Cognitive development in children is often directly attached to the emotional and social status of their parents.
There is growing competition among students to study in first-rate institutions to receive a quality education and job security. Given the competitive nature of the current academic and employment sectors, many average-performing students find it extremely hard to compete with their counterparts.
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: Corporate training: Value chain
Exhibit 2: Related market - Global corporate training 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 cognitive assessment and training market Market size and forecast 2017-2022 ($ mn)
Exhibit 9: Global cognitive assessment and training 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: End-user Market share 2017-2022 (%)
Exhibit 19: Comparison by end-user
Exhibit 20: Global cognitive assessment and training market by healthcare sector Market size and forecast 2017-2022 ($ mn)