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K-12 Testing and Assessment Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • August 2024
  • Region: Global
  • Lucintel
  • ID: 6003774
The global k-12 testing and assessment market is expected to grow with a CAGR of 8.4% from 2024 to 2030. The major drivers for this market are the rising focus on improving education systems, rapid integration of technology in education, and growing popularity of personalized learning across the globe.

The future of the global k-12 testing and assessment market looks promising with opportunities in the blended method, online method, and traditional method markets.

K-12 Testing and Assessment by Segment

The study includes a forecast for the global k-12 testing and assessment by product, method, and region.

K-12 Testing and Assessment Market by Product [Shipment Analysis by Value from 2018 to 2030]:

  • Curriculum-Based Testing
  • Non-Curriculum-Based Testing

K-12 Testing and Assessment Market by Method [Shipment Analysis by Value from 2018 to 2030]:

  • Blended Method
  • Online Method
  • Traditional Method

K-12 Testing and Assessment Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of K-12 Testing and Assessment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies k-12 testing and assessment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the k-12 testing and assessment companies profiled in this report include:
  • Coursera
  • Edutech
  • Educational Testing Service
  • ExamSoft Worldwide
  • Houghton Mifflin Harcourt
  • Instructure
  • K12 Techno Services
  • Pearson
  • Qorrect
  • Scantron

K-12 Testing and Assessment Market Insights

  • Curriculum-based testing will remain larger segment over the forecast period.
  • Within this market, online method will remain the largest segment.
  • North America will remain the largest region over the forecast period due to growing adoption of digital assessment platforms in the region.

Features of the Global K-12 Testing and Assessment Market

  • Market Size Estimates: K-12 testing and assessment market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: K-12 testing and assessment market size by product, method, and region in terms of value ($B).
  • Regional Analysis: K-12 testing and assessment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different products, methods, and regions for the k-12 testing and assessment market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the k-12 testing and assessment market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the k-12 testing and assessment market by product (curriculum-based testing and non-curriculum-based testing), method (blended method, online method, and traditional method), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global K-12 Testing and Assessment Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global K-12 Testing and Assessment Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global K-12 Testing and Assessment Market by Product
3.3.1: Curriculum-based Testing
3.3.2: Non-curriculum-based Testing
3.4: Global K-12 Testing and Assessment Market by Method
3.4.1: Blended Method
3.4.2: Online Method
3.4.3: Traditional Method
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global K-12 Testing and Assessment Market by Region
4.2: North American K-12 Testing and Assessment Market
4.2.1: North American K-12 Testing and Assessment Market by Product: Curriculum-based Testing and Non-curriculum-based Testing
4.2.2: North American K-12 Testing and Assessment Market by Method: Blended Method, Online Method, and Traditional Method
4.3: European K-12 Testing and Assessment Market
4.3.1: European K-12 Testing and Assessment Market by Product: Curriculum-based Testing and Non-curriculum-based Testing
4.3.2: European K-12 Testing and Assessment Market by Method: Blended Method, Online Method, and Traditional Method
4.4: APAC K-12 Testing and Assessment Market
4.4.1: APAC K-12 Testing and Assessment Market by Product: Curriculum-based Testing and Non-curriculum-based Testing
4.4.2: APAC K-12 Testing and Assessment Market by Method: Blended Method, Online Method, and Traditional Method
4.5: RoW K-12 Testing and Assessment Market
4.5.1: RoW K-12 Testing and Assessment Market by Product: Curriculum-based Testing and Non-curriculum-based Testing
4.5.2: RoW K-12 Testing and Assessment Market by Method: Blended Method, Online Method, and Traditional Method
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global K-12 Testing and Assessment Market by Product
6.1.2: Growth Opportunities for the Global K-12 Testing and Assessment Market by Method
6.1.3: Growth Opportunities for the Global K-12 Testing and Assessment Market by Region
6.2: Emerging Trends in the Global K-12 Testing and Assessment Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global K-12 Testing and Assessment Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global K-12 Testing and Assessment Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Coursera
7.2: Edutech
7.3: Educational Testing Service
7.4: ExamSoft Worldwide
7.5: Houghton Mifflin Harcourt
7.6: Instructure
7.7: K12 Techno Services
7.8: Pearson
7.9: Qorrect
7.10: Scantron

Companies Mentioned

  • Coursera
  • Edutech
  • Educational Testing Service
  • ExamSoft Worldwide
  • Houghton Mifflin Harcourt
  • Instructure
  • K12 Techno Services
  • Pearson
  • Qorrect
  • Scantron

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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