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2021
Candidate Skills Assessment Market

Candidate Skills Assessment Market by Component (Software and Services), Deployment Model (On-premise and Cloud), Product Type (Aptitude/Psychometric Test, Personality Test, Coding Tests, and Others), and End User (Corporate, and Education): Global Opportunity Analysis and Industry Forecast, 2020–2030

A14269
Pages: 286
Oct 2021 | 91 Views
   
Author(s) : Pramod Borasi, Monica Chhabra , Vineet Kumar
Tables: 138
Charts: 52
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Candidate Skills Assessment Market Statistics: 2030

The global candidate skills assessment market size was valued at $1.93 billion in 2020, and is projected to reach $5.64 billion by 2030, registering a CAGR of 11.6% from 2021 to 2030.Candidate skills assessment test is often used by employers to evaluate skills and knowledge of candidates who apply for jobs. In addition, candidate skills assessment is sometimes also called pre-employment, pre-hiring, or candidate assessment tests. Furthermore, candidate skills assessment is one of the best ways to determine whether a candidate is a good match for a job position. In addition, by using skill assessment test, employers can determine cultural fit such as good communication skills and other interpersonal skills other than technical. For instance, according to a survey, 73% of professionals have left a job due to poor natural fit.

TThe COVID pandemic has been highly beneficial to the candidate skill assessment industry as more companies are willing adopt virtual recruiting technologies to attract talents form remote areas and focus on diversity, equity and inclusion. In addition, many recruiters are willing to take the opportunity to add new skills, adapt as needed and show their value to the organization. Furthermore, advances in technology and the widespread availability of broadband access have made it possible for most organizations to ensure business continuity and to carry out recruitment tests from anywhere in the world.

Rise in need for efficiency and transparency in hiring process and surge in adoption of pre-employment screening test positively impacts growth of the market. In addition, increase in internet users boost growth of the market across the globe. However, factors such as lack of security standards and high cost limit growth of the market. On the contrary, technological advancements in pre-employment assessment services is expected to offer remunerative opportunities for expansion of the candidate skills assessment market during the forecast period.

Candidate-Skills-Assessment-Market,-2021-2030

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By component, the software segment is expected to garner a significant share during the forecast period to manage massive volume of data generated for meaningful insights and better-informed decisions. Moreover, companies majorly focus on creating novel opportunities for growth and revenue generation, which increases preference for skill assessment. However, the service segment is expected to witness growth at the highest rate during the forecast period, owing to rise in acceptance of assessment services and increasing interest toward this technology.

Region wise, the candidate skills assessment industry was dominated by North America in 2020, and is expected to witness highest growth rate during the forecast period, owing rise in competition between service providers in North America. In addition, key players are providing more security for data by ensuring quick access and greater outreach, which drives growth of the candidate skills assessment industry in this region. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to rise in use of skill assessment services and growth in number of recruitment positions.

The report focuses on growth prospects, restraints, and trends of the candidate skills assessment market analysis. The study provides Porter’s five forces analysis to understand impact of various factors, such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the candidate skills assessment market.

Segment review

The global candidate skill assessment market is segmented into component, deployment model, product type, end user and region. Depending on component, the market is segregated into software and services. Depending on deployment model, it is fragmented into on-premise, and cloud. On the basis of product type, it is categorized into aptitude/psychometric test, personality test, coding tests, and others. Depending on end user, the market is segregated corporate, and education. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Candidate Skills Assessment Market
By Component

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Software accounted for the largest market share in 2020.

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The key players profiled in the candidate skills assessment market growth are Athena Assessment Inc., Berke, Devskiller, eSkill, HackerRank, HireVue, iMocha, Kandio, Mercer Mettl Assessments, and The Predictive Index. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

COVID-19 impact analysis

The candidate skills assessment market has witnessed significant growth in past few years; however, due to the outbreak of the COVID-19 pandemic, the market witnessed a sudden decline in 2020. This is attributed to implementation of various skill enhancement campaigns by governments in majority of countries and businesses across the globe. The candidate skills assessment market size is projected to prosper in the COVID-19 situation, owing to increase in investments in skill assessment technology for better understanding of employees on an emotional and cultural scale. Moreover, to sustain in the competitive market, majority of companies have shifted toward digitalization to provide online services, helping employees to compare their skill levels, for choosing right options & offers. Due to COVID-19, the demand for candidate skills assessment software is increasing, coupled with rise in demand for skilled labor. In addition, government initiatives for elevating overall worker level positively impacts growth of the candidate skills assessment market.

Candidate Skills Assessment Market
By Deployment Model

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Cloud is projected as one of the most lucrative segments.

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Top impacting factors

Rise in need for efficiency and transparency in hiring process

The need for efficiency and transparency in hiring process is on the rise, owing to cultural trends and human behavior, making employees like transparent than non-transparent companies. In addition, organizations that provide applicants with visibility into hiring have a clear advantage over their competitors as 35% of well-informed candidates are less likely to be dissatisfied with their experience. Thus, helping businesses to attract and retain more talented workers. Furthermore, according to Glassdoor, 96% of job seekers say it is important to work for a company that embraces transparency as younger candidates are selective regarding work culture. Moreover, various countries have started to pave their way toward application process transparency by creating a new candidate experience platform. In addition, it helps improve morale and lowers job-related stress, especially during the COVID-19 pandemic, while increasing employee happiness and boosting performance. Therefore, all these factors are expected to boost growth of the candidate skills assessment market share.

Technological advancements in pre-employment assessment services

Advances in tech and AI open a wide range of assessment products available, making life easier for candidates as well as improving ability of human resources department to determine whether a candidate has required skills and culture fit necessary for a mutually beneficial employment relationship. In addition, vendors such as Jane AI, MapRecruit, and ThriveMap offer tools designed to help HRs determine whether candidates are right for the job via simulations and sentiment analysis designed to see how well candidates adapt to change and work with others. For instance, according to a study, emotional intelligence competencies consist of about 80% of essential competencies that correlate to successful performers in the workplace. Moreover, advancements in technology can help to measure how candidate thinks and reasonings behind their decisions, in turn unlocking emotional intelligence of the candidate. Thus, these are the major candidate skills assessment market trends that are expected to provide lucrative opportunity.

Candidate Skills Assessment Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific is projected as one of the most lucrative segments.

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Key Benefits For Stakeholders     

  • The study provides an in-depth analysis of the candidate skills assessment market forecast along with the current trends and future estimations to explain the imminent investment pockets.
  • Information about key drivers, restraints, & opportunities and their impact analysis on the global candidate skills assessment market is provided in the report.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
  • The quantitative analysis of the market from 2020 to 2030 is provided to determine the market potential.

Key Market Segments

By Component

  • Software
  • Service

By Deployment Model

  • On-premise
  • Cloud

By Product Type

  • Aptitude/Psychometric Test
  • Personality Test
  • Coding Tests
  • Others

By End User

  • Corporate
  • Education

By Region

  • North America
    • U.S.
    • Canada
  • Europe 
    • UK 
    • Germany
    • France
    • Italy
    • Spain
    • Netherlands
    • Rest of Europe 
  • Asia-Pacific 
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America 
    • Middle East 
    • Africa

Key Market Players

  • Athena Assessment Inc.
  • Berke
  • Devskiller
  • eSkill
  • HackerRank
  • HireVue
  • iMocha
  • Kandio
  • Mercer Mettl Assessments 
  • The Predictive Index.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping candidate skill assessments industry/market
3.3.Market dynamics

3.3.1.1.Rise in need for efficiency and transparency in hiring process
3.3.1.2.Surge in adoption of pre-employment screening test
3.3.1.3.Increase in in internet users

3.3.2.Restraints

3.3.2.1.Lack of security standards
3.3.2.2.High cost

3.3.3.Opportunities

3.3.3.1.Technological advancement in pre-employment assessment services

3.4.COVID-19 impact analysis on candidate skill assessments market

3.4.1.Impact on market size
3.4.2.Change in consumer trends, preferences, and budget impact due to COVID-19
3.4.3.Economic impact
3.4.4.Key player strategies to tackle negative impact in the industry
3.4.5.Opportunity analysis for candidate skill assessment service providers

CHAPTER 4:CANDIDATE SKILLS ASSESSMENT MARKET, BY COMPONENT

4.1.Overview
4.2.Software

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Services

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.3.3.1.1.Professional services
4.3.3.1.2.Managed Services

CHAPTER 5:CANDIDATE SKILLS ASSESSMENT MARKET, BY DEPLOYMENT MODEL

5.1.Overview
5.2.On-premise

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Cloud

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

CHAPTER 6:CANDIDATE SKILLS ASSESSMENT MARKET, BY PRODUCT TYPE

6.1.Overview
6.2.Aptitude/ Psychometric Test

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Personality Test

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.Coding Test

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.Others

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

CHAPTER 7:CANDIDATE SKILLS ASSESSMENT MARKET, BY END USER

7.1.Overview
7.2.Corporate

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis, by country

7.3.Education

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis, by country

CHAPTER 8:CANDIDATE SKILLS ASSESSMENT MARKET, BY REGION

8.1.Overview

8.1.1.Market size and forecast, by region

8.2.North America

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by component
8.2.3.Market size and forecast, by deployment model
8.2.4.Market size and forecast, by product type
8.2.5.Market size and forecast, by End User
8.2.6.Market analysis, by country

8.2.6.1.U.S.

8.2.6.1.1.Market size and forecast, by component
8.2.6.1.2.Market size and forecast, by deployment model
8.2.6.1.3.Market size and forecast, by product type
8.2.6.1.4.Market size and forecast, by end user

8.2.6.2.Canada

8.2.6.2.1.Market size and forecast, by component
8.2.6.2.2.Market size and forecast, by deployment model
8.2.6.2.3.Market size and forecast, by product type
8.2.6.2.4.Market size and forecast, by end user

8.3.Europe

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by component
8.3.3.Market size and forecast, by deployment model
8.3.4.Market size and forecast, by product type
8.3.5.Market size and forecast, by End User
8.3.6.Market analysis, by country

8.3.6.1.UK

8.3.6.1.1.Market size and forecast, by component
8.3.6.1.2.Market size and forecast, by deployment model
8.3.6.1.3.Market size and forecast, by product type
8.3.6.1.4.Market size and forecast, by end user

8.3.6.2.Germany

8.3.6.2.1.Market size and forecast, by component
8.3.6.2.2.Market size and forecast, by deployment model
8.3.6.2.3.Market size and forecast, by product type
8.3.6.2.4.Market size and forecast, by end user

8.3.6.3.France

8.3.6.3.1.Market size and forecast, by component
8.3.6.3.2.Market size and forecast, by deployment model
8.3.6.3.3.Market size and forecast, by product type
8.3.6.3.4.Market size and forecast, by end user

8.3.6.4.Italy

8.3.6.4.1.Market size and forecast, by component
8.3.6.4.2.Market size and forecast, by deployment model
8.3.6.4.3.Market size and forecast, by product type
8.3.6.4.4.Market size and forecast, by end user

8.3.6.5.Spain

8.3.6.5.1.Market size and forecast, by component
8.3.6.5.2.Market size and forecast, by deployment model
8.3.6.5.3.Market size and forecast, by product type
8.3.6.5.4.Market size and forecast, by end user

8.3.6.6.Netherlands

8.3.6.6.1.Market size and forecast, by component
8.3.6.6.2.Market size and forecast, by deployment model
8.3.6.6.3.Market size and forecast, by product type
8.3.6.6.4.Market size and forecast, by end user

8.3.6.7.Rest of Europe

8.3.6.7.1.Market size and forecast, by component
8.3.6.7.2.Market size and forecast, by deployment model
8.3.6.7.3.Market size and forecast, by product type
8.3.6.7.4.Market size and forecast, by end user

8.4.Asia-Pacific

8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by component
8.4.3.Market size and forecast, by deployment model
8.4.4.Market size and forecast, by product type
8.4.5.Market size and forecast, by end user
8.4.6.Market analysis, by country

8.4.6.1.China

8.4.6.1.1.Market size and forecast, by component
8.4.6.1.2.Market size and forecast, by deployment model
8.4.6.1.3.Market size and forecast, by product type
8.4.6.1.4.Market size and forecast, by end user

8.4.6.2.Japan

8.4.6.2.1.Market size and forecast, by component
8.4.6.2.2.Market size and forecast, by deployment model
8.4.6.2.3.Market size and forecast, by product type
8.4.6.2.4.Market size and forecast, by end user

8.4.6.3.India

8.4.6.3.1.Market size and forecast, by component
8.4.6.3.2.Market size and forecast, by deployment model
8.4.6.3.3.Market size and forecast, by product type
8.4.6.3.4.Market size and forecast, by end user

8.4.6.4.Australia

8.4.6.4.1.Market size and forecast, by component
8.4.6.4.2.Market size and forecast, by deployment model
8.4.6.4.3.Market size and forecast, by product type
8.4.6.4.4.Market size and forecast, by end user

8.4.6.5.South Korea

8.4.6.5.1.Market size and forecast, by component
8.4.6.5.2.Market size and forecast, by deployment model
8.4.6.5.3.Market size and forecast, by product type
8.4.6.5.4.Market size and forecast, by end user

8.4.6.6.Rest of Asia-Pacific

8.4.6.6.1.Market size and forecast, by component
8.4.6.6.2.Market size and forecast, by deployment model
8.4.6.6.3.Market size and forecast, by product type
8.4.6.6.4.Market size and forecast, by end user

8.5.LAMEA

8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, by component
8.5.3.Market size and forecast, by deployment model
8.5.4.Market size and forecast, by product type
8.5.5.Market size and forecast, by End User
8.5.6.Market analysis, by country

8.5.6.1.Latin America

8.5.6.1.1.Market size and forecast, by component
8.5.6.1.2.Market size and forecast, by deployment model
8.5.6.1.3.Market size and forecast, by product type
8.5.6.1.4.Market size and forecast, by end user

8.5.6.2.Middle East

8.5.6.2.1.Market size and forecast, by component
8.5.6.2.2.Market size and forecast, by deployment model
8.5.6.2.3.Market size and forecast, by product type
8.5.6.2.4.Market size and forecast, by end user

8.5.6.3.Africa

8.5.6.3.1.Market size and forecast, by component
8.5.6.3.2.Market size and forecast, by deployment model
8.5.6.3.3.Market size and forecast, by product type
8.5.6.3.4.Market size and forecast, by end user

CHAPTER 9:COMPETITIVE LANDSCAPE

9.1.Key players positioning analysis, 2020
9.2.Competitive dashboard
9.3.Top winning strategies

CHAPTER 10:COMPANY PROFILES

10.1.Athena Assessment Inc

10.1.1.Company overview
10.1.2.Key executives
10.1.3.Company snapshot
10.1.4.Product portfolio

10.2.Berke

10.2.1.Company overview
10.2.2.Key Executives
10.2.3.Company snapshot
10.2.4.Product portfolio

10.3.Devskiller

10.3.1.Company overview
10.3.2.Key executive
10.3.3.Company snapshot
10.3.4.Product portfolio
10.3.5.Key strategic moves and developments

10.4.eSkill

10.4.1.Company overview
10.4.2.Key executives
10.4.3.Company snapshot
10.4.4.Product portfolio
10.4.5.Key strategic moves and developments

10.5.HackerRank

10.5.1.Company overview
10.5.2.Key Executives
10.5.3.Company snapshot
10.5.4.Product portfolio
10.5.5.Key strategic moves and developments

10.6.HireVue

10.6.1.Company overview
10.6.2.Key executives
10.6.3.Company snapshot
10.6.4.Product portfolio
10.6.5.Key strategic moves and developments

10.7.iMocha

10.7.1.Company overview
10.7.2.Key executive
10.7.3.Company snapshot
10.7.4.Product portfolio
10.7.1.Key strategic moves and developments

10.8.Kandio

10.8.1.Company overview
10.8.2.Key executives
10.8.3.Company snapshot
10.8.4.Product portfolio
10.8.5.Key strategic moves and developments

10.9.Mercer Mettl Assessments

10.9.1.Company overview
10.9.2.Key Executives
10.9.3.Company snapshot
10.9.4.Operating business segments
10.9.5.Product portfolio
10.9.6.Business performance
10.9.7.Key strategic moves and developments

10.10.The Predictive Index

10.10.1.Company overview
10.10.2.Key Executives
10.10.3.Company snapshot
10.10.4.Product portfolio
10.10.5.Key strategic moves and developments


LIST OF TABLES

TABLE 01.CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 02.CANDIDATE SKILLS ASSESSMENT MARKET FOR SOFTWARE, BY REGION 2020–2030 ($MILLION)
TABLE 03.CANDIDATE SKILLS ASSESSMENT MARKET REVENUE FOR SERVICES, BY REGION 2020–2030 ($MILLION)
TABLE 04.CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 05.ON-PREMISE CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY REGION, 2020–2030 ($MILLION)
TABLE 06.CLOUD CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY REGION, 2020–2028 ($MILLION)
TABLE 07.CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 08.CANDIDATE SKILLS ASSESSMENT MARKET REVENUE FOR APTITUDE/PSYCHOMETRIC TEST, BY REGION, 2020–2030 ($MILLION)
TABLE 09.CANDIDATE SKILLS ASSESSMENT MARKET REVENUE FOR PERSONALITY TEST, BY REGION, 2020–2030 ($MILLION)
TABLE 10.CANDIDATE SKILLS ASSESSMENT MARKET REVENUE FOR CODING TEST, BY REGION, 2020–2030 ($MILLION)
TABLE 11.CANDIDATE SKILLS ASSESSMENT MARKET REVENUE FOR OTHERS, BY REGION, 2020–2030 ($MILLION)
TABLE 12.CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 13.CANDIDATE SKILLS ASSESSMENT MARKET REVENUE FOR CORPORATE, BY REGION, 2020–2030 ($MILLION)
TABLE 14.CANDIDATE SKILLS ASSESSMENT MARKET REVENUE FOR EDUCATION, BY REGION, 2020–2030 ($MILLION)
TABLE 15.CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY REGION, 2020–2030 ($MILLION)
TABLE 16.NORTH AMERICA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 17.NORTH AMERICA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 18.NORTH AMERICA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 19.NORTH AMERICA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 20.NORTH AMERICA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 21.U.S. CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 22.U.S. CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 23.U.S. CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 24.U.S. CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 25.CANADA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 26.CANADA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 27.CANADA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 28.CANADA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 29.EUROPE CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 30.EUROPE CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 31.EUROPE CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 32.EUROPE CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 33.EUROPE CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 34.UK CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 35.UK CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 36.UK CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 37.UK CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 38.GERMANY CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 39.GERMANY CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 40.GERMANY CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 41.GERMANY CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 42.FRANCE CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 43.FRANCE CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 44.FRANCE CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 45.FRANCE CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 46.ITALY CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 47.ITALY CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 48.ITALY CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 49.ITALY CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 50.SPAIN CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 51.SPAIN CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 52.SPAIN CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 53.SPAIN CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 54.NETHERLANDS CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 55.NETHERLANDS CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 56.NETHERLANDS CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 57.NETHERLANDS CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 58.REST OF EUROPE CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 59.REST OF EUROPE CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 60.REST OF EUROPE CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 61.REST OF EUROPE CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 62.ASIA-PACIFIC CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 63.ASIA-PACIFIC CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 64.ASIA-PACIFIC CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 65.ASIA-PACIFIC CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 66.ASIA-PACIFIC CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 67.CHINA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 68.CHINA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 69.CHINA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 70.CHINA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 71.JAPAN CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 72.JAPAN CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 73.JAPAN CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 74.JAPAN CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 75.INDIA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 76.INDIA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 77.INDIA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 78.INDIA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 79.AUSTRALIA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 80.AUSTRALIA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 81.AUSTRALIA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 82.AUSTRALIA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 83.SOUTH KOREA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 84.SOUTH KOREA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 85.SOUTH KOREA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 86.SOUTH KOREA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 87.REST OF ASIA-PACIFIC CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 88.REST OF ASIA-PACIFIC CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 89.REST OF ASIA-PACIFIC CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 90.REST OF ASIA-PACIFIC CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 91.LAMEA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 92.LAMEA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 93.LAMEA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 94.LAMEA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 95.LAMEA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 96.LATIN AMERICA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 97.LATIN AMERICA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 98.LATIN AMERICA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 99.LATIN AMERICA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 100.MIDDLE EAST CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 101.MIDDLE EAST CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 102.MIDDLE EAST CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 103.MIDDLE EAST CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 104.AFRICA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 105.AFRICA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY DEPLOYMENT MODEL, 2020–2030 ($MILLION)
TABLE 106.AFRICA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 107.AFRICA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 108.ATHENA ASSESSMENT INC: KEY EXECUTIVES
TABLE 109.ATHENA ASSESSMENT INC: COMPANY SNAPSHOT
TABLE 110.HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP: PRODUCT PORTFOLIO
TABLE 111.BERKE: KEY EXECUTIVES
TABLE 112.BERKE: COMPANY SNAPSHOT
TABLE 113.BERKE: PRODUCT PORTFOLIO
TABLE 114.DEVSKILLER: KEY EXECUTIVE
TABLE 115.DEVSKILLER: COMPANY SNAPSHOT
TABLE 116.DEVSKILLER: PRODUCT PORTFOLIO
TABLE 117.ESKILL: KEY EXECUTIVES
TABLE 118.ESKILL: COMPANY SNAPSHOT
TABLE 119.ESKILL: PRODUCT PORTFOLIO
TABLE 120.HACKERRANK: KEY EXECUTIVES
TABLE 121.HACKERRANK: COMPANY SNAPSHOT
TABLE 122.HACKERRANK: PRODUCT PORTFOLIO
TABLE 123.HIREVUE.: KEY EXECUTIVES
TABLE 124.HIREVUE.: COMPANY SNAPSHOT
TABLE 125.HIREVUE: PRODUCT PORTFOLIO
TABLE 126.IMOCHA: KEY EXECUTIVE
TABLE 127.IMOCHA: COMPANY SNAPSHOT
TABLE 128.IMOCHA: PRODUCT PORTFOLIO
TABLE 129.KANDIO: KEY EXECUTIVES
TABLE 130.KANDIO: COMPANY SNAPSHOT
TABLE 131.KANDIO: PRODUCT PORTFOLIO
TABLE 132.MERCER METTL ASSESSMENTS.: KEY EXECUTIVES
TABLE 133.MERCER METTL ASSESSMENTS: COMPANY SNAPSHOT
TABLE 134.MARSH & MCLENNAN COMPANIES, INC.: OPERATING SEGMENTS
TABLE 135.MERCER METTL ASSESSMENTS: PRODUCT PORTFOLIO
TABLE 136.THE PREDICTIVE INDEX: KEY EXECUTIVES
TABLE 137.THE PREDICTIVE INDEX: COMPANY SNAPSHOT
TABLE 138.THE PREDICTIVE INDEX: PRODUCT PORTFOLIO


LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.CANDIDATE SKILL ASSESSMENTS MARKET SNAPSHOT, BY SEGMENTATION
FIGURE 03.CANDIDATE SKILL ASSESSMENTS MARKET SNAPSHOT, BY REGION
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIER
FIGURE 07.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 08.MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 09.MODERATE-TO-HIGH INTENSITY OF RIVALRY
FIGURE 10.LOW-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 11.CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, BY COMPONENT, 2020–2030 ($MILLION)
FIGURE 12.COMPARATIVE SHARE ANALYSIS FOR CANDIDATE SKILLS ASSESSMENT MARKET FOR SOFTWARE, BY COUNTRY, 2020 & 2030(%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS FOR CANDIDATE SKILLS ASSESSMENT MARKET FOR SERVICES, BY COUNTRY, 2020 & 2030(%)
FIGURE 14.CANDIDATE SKILLS ASSESSMENT MARKET, BY DEPLOYMENT MODEL, 2020–2030
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF ON-PREMISE CANDIDATE SKILLS ASSESSMENT MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF CLOUD CANDIDATE SKILLS ASSESSMENT MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.CANDIDATE SKILLS ASSESSMENT MARKET, BY PRODUCT TYPE, 2020–2030
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF CANDIDATE SKILLS ASSESSMENT MARKET FOR APTITUDE/PSYCHOMETRIC TEST, BY COUNTRY, 2020 & 2030(%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF CANDIDATE SKILLS ASSESSMENT MARKET FOR PERSONALITY TEST BY COUNTRY, 2020 & 2030(%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF CANDIDATE SKILLS ASSESSMENT MARKET FOR CODING TEST, BY COUNTRY, 2020 & 2030(%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF CANDIDATE SKILLS ASSESSMENT MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030(%)
FIGURE 22.CANDIDATE SKILLS ASSESSMENT MARKET, BY END USER, 2020–2030
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF CANDIDATE SKILLS ASSESSMENT MARKET FOR CORPORATE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF CANDIDATE SKILLS ASSESSMENT MARKET FOR EDUCATION, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.U.S. CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 26.CANADA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 27.UK CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 28.GERMANY CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 29.FRANCE CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 30.ITALY CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 31.SPAIN CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 32.NETHERLANDS CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 33.REST OF EUROPE CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 34.CHINA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 35.JAPAN CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 36.INDIA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 37.AUSTRALIA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 38.SOUTH KOREA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 39.REST OF ASIA-PACIFIC CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 40.LATIN AMERICA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 41.MIDDLE EAST CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 42.AFRICA CANDIDATE SKILLS ASSESSMENT MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 43.KEY PLAYER POSITIONING ANLYSIS: CANDIDATE SKILL ASSESSMENT MARKET
FIGURE 44.COMPETITIVE DASHBOARD
FIGURE 45.COMPETITIVE DASHBOARD
FIGURE 46.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 47.TOP WINNING STRATEGIES, BY YEAR, 2017–2021
FIGURE 48.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2019–2021
FIGURE 49.TOP WINNING STRATEGIES, BY COMPANY, 2019-2021
FIGURE 50.MARSH & MCLENNAN COMPANIES, INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 51.MARSH & MCLENNAN COMPANIES, INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 52.MARSH & MCLENNAN COMPANIES, INC.: REVENUE SHARE BY REGION, 2020 (%)

 
 

Candidate skill assessment helps address strengths and weaknesses of users making it easier for managers to provide support to make jobs of employees easier. This helps improve productivity and performance of team members, and add further value to companies. Furthermore, it also enables organizations to decrease HR costs associated with training, onboarding, recruitment, retainment, and appointment. In addition, online skill assessment tools are helping managers and HR professionals to quickly deliver tests to employees without any delay.

The candidate skill assessment industry is expected to present promising growth prospects throughout the forecast period, primarily owing to increase in adoption of multiple clouds, which are estimated to surge momentum for candidate skill assessment solutions. In addition, skill assessment providers are struggling to become one of the first providers of machine learning (ML) and Artificial Intelligence (AI) platforms through their offerings so that their customers can integrate advanced technologies into their app development pipelines, which further propels the market growth.

Furthermore, companies across the globe are adopting various innovative techniques such as product launch and partnership activities, to strengthen their business position in the competitive matrix. For instance, in September 2020, eSkill, a leading provider of pre-employment assessment, skills tests, and video interviewing software, launched an improved user interface that includes powerful new features, with a more intuitive client user experience. It also offers direct access to all areas of test center, streamlined test creation, an intuitive dashboard, simpler test management, enhanced candidate results management, and new report creation tools. Candidate skill assessment players focus on product development to increase their geographical presence, owing to increase in competition among local vendors, in terms of features, quality, and price. Thus, such developments across the globe drive growth of the market.

 

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