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Global Corporate Assessment Services Market 2019 by Company, Regions, Type and Application, Forecast to 2024
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Global Corporate Assessment Services Market Size Is US$ 2633.54 Million In 2018
Corporate Assessment Services use data, interviews, and observation to truly understand your business and it deliver an unbiased, thorough assessment of your business strengths and opportunities, give comprehensive discovery process to understand the current state of your business and its future goals.
The global Corporate Assessment Services market is dominated by companies from AON, top three players occupy for over 19.82% market share in 2017.
The global Corporate Assessment Services market size will reach US$ 3863.19 million by 2023, from US$ 2633.54 million in 2018.
On the basis of type, the Corporate Assessment Services market is segmented into Psychometric Tests, Aptitude Tests, Domain Tests, In-Person Interviews. The Psychometric Tests is expected to account for the larger share of the global market in 2018.
Applications, included in this market are Recruitment of Frontline Employee, Recruitment of Managers, Internal Assessment and Promotion. Recruitment of Frontline Employee is expected to account for the largest share of the global market in 2018.
The talent assessment space is ripe for action and while there are players who are using newer and innovative technology solutions, the market is now getting ready for a comprehensive solution which offers many of these benefits under one platform. For that to happen, talent acquisition technology solution providers will look to collaborate and create pre-built solutions that offer an end-to-end candidate experience while ensuring the business and HR professionals can derive the value and ROI they look for from the talent acquisition technology stack in general and talent assessment technologies in particular.
Like in many other categories within HR Tech, this one particular niche is an exciting niche and we expect to see a lot of investment in this space as it can allow for the creation of unique IP based solutions in the talent acquisition space. Within the talent acquisition technology stack, this is the only place where technology companies can look to create some product IP while ensuring that other parts of the process digitization are taken care of.
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