The report forecasts the cognitive test and assessment market in Europe to grow at a CAGR of 14.25% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: A trend boosting market growth is the increased accessibility to tests. As the market expands, cognitive assessment services are becoming easier to find. The growth in the market is accompanied by the entry of individual contributors who offer programs and tests for students. These highly skilled subject experts and professionals arrange training sessions for students as well as parents on specific topics. As they do not work for commercial enterprises, they are available to provide services at the convenience of their customers. This trend will considerably affect the market structure by fragmenting it. However, it is a benefit for parents and students who seek flexible and personalized training.
According to the report, a key growth driver is the increased emphasis on mental health improvement. s mental health is directly associated with the emotional, cognitive, social skills, and wellbeing of students, it has become a critical area of concern for educational institutions. Taking care of the mental health of students at an early age lays a strong foundation for coping with the socio-emotional environment and enhancing cognitive skills. Hence, governments are taking steps and formulating action plans to direct preschools, schools, and day care centers to include cognitive assessments as a part of learning processes.
What will the market size be in 2020 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?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?