Online Assessment Software Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The online assessment software market size has grown rapidly in recent years. It will grow from $3.91 billion in 2024 to $4.57 billion in 2025 at a compound annual growth rate (CAGR) of 16.9%. The growth in the historic period can be attributed to global events and crises, educational reform initiatives, regulatory compliance, and pedagogical shifts.

The online assessment software market size is expected to see rapid growth in the next few years. It will grow to $8.47 billion in 2029 at a compound annual growth rate (CAGR) of 16.7%. The growth in the forecast period can be attributed to rise in remote and hybrid learning, continued technological Innovation, and focus on accessibility and inclusivity. Major trends in the forecast period include blockchain-based credentialing and digital certificates, gamification and interactive assessments, and emphasis on accessibility and inclusivity.

The upward trend in the adoption of remote work practices is poised to drive the expansion of the online assessment software market. Remote work practices, characterized by work conducted outside traditional office environments, are gaining prominence due to technological advancements, cost efficiencies, access to talent, heightened productivity, and evolving work culture. Online assessment software, designed for remote work scenarios, facilitates assessment processes irrespective of participants' physical locations. For instance, according to reports from Forbes Media LLC in June 2023, 12.7% of full-time employees and 28.2% in a hybrid model are working remotely in the US. The projection indicates an estimated 32.6 million people working remotely by 2025, underlining the significant role of remote work adoption in propelling the growth of the online assessment software market.

Major companies operating in the online assessment software market are focused on digitalizing academic exams to keep up with the evolving education and recruitment landscapes. These platforms are online systems or software applications designed to create, administer, and manage exams or assessments entirely through a web browser. For example, in June 2022, Testlify, a US-based talent assessment solutions provider, launched a platform aimed at optimizing the hiring process. The platform features a comprehensive library of over 1,200 customizable assessments to evaluate both technical and soft skills. It also allows recruiters to create tailored assessments for specific job roles and includes advanced anti-cheating measures to maintain the integrity of the evaluation process.

In March 2024, Pearson, a global education company, acquired Mondly, a Romania-based educational technology company, for an undisclosed amount. This acquisition aimed to enhance Pearson's capabilities in the language learning market, specifically by expanding its offerings in self-study options to complement its existing educational tools. Mondly specializes in providing online assessment software, focusing on language learning through interactive and engaging digital platforms.

Major companies operating in the online assessment software market are Mercer LLC, McGraw-Hill Education Holdings LLC., Blackboard Inc., Pearson VUE, Edmentum Inc., Desire2Learn Incorporated, PSI Services LLC, Canvas by Instructure Inc., Moodle Pty Ltd., Mettl, Top Hat Monocle Corp., Questionmark Computing Limited., Talview Inc., TestReach Limited., Schoology Inc., ProProfs Quiz Maker., ProctorU Inc., Learnosity Ltd., ExamSoft Assessment Solutions., iSpring Solutions Inc., Kryterion Inc., WizIQ Inc., Respondus Inc., Think Exam, Surpass Ltd.

North America was the largest region in the online assessment software market in 2024. The regions covered in the online assessment software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the online assessment software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The online assessment software market consists of revenues earned by entities by services such as platform provisioning, consultation and training, security services, customization services, scalability services, integration services, and accessibility services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

Online assessment software encompasses specialized computer programs or platforms crafted to streamline the creation, administration, and evaluation of assessments, tests, quizzes, surveys, or exams via the internet. These solutions are tailored to simplify the assessment process, enabling educators, trainers, employers, or organizations to efficiently conduct assessments remotely.

Online assessment software comprises several main types, including remote or online assessment software, question paper management software, on-screen marking software, and others. Remote or online assessment software denotes digital platforms or tools specifically crafted to streamline evaluation, testing, and assessments. This category encompasses various components such as solutions and services and finds application across diverse sectors including large enterprises, small and medium enterprises (SMEs), and end-users such as education, corporate, government, and healthcare.

The online assessment software market research report is one of a series of new reports that provides online assessment software market statistics, including online assessment software industry global market size, regional shares, competitors with a online assessment software market share, detailed online assessment software market segments, market trends and opportunities, and any further data you may need to thrive in the online assessment software industry. This online assessment software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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