Press release
Corporate Assessment Services Market 2020 Booming Worldwide | Aon Arctic Shores, Aspiring Minds, Birkman, HireVue, IBM , Korn Ferry, Mettl, SHL
Corporate Assessment Services Market Study 2020
Aon, Arctic Shores, Aspiring Minds, Birkman, HireVue, IBM , Korn Ferry are turning heads in the Corporate Assessment Services market because of their product launches, their researches, joint ventures, merges, and accusations. This report brings to you all the companies profiles needed to be in the competition for the Corporate Assessment Services market .With the help of SWOT analysis the report tell you about all the market restrain and drivers to be followed in the forecast years 2020-2027 While also explaining what the Corporate Assessment Services market's definition, classifications, applications, and engagements are.
The Corporate assessment services market in global is expected to grow from US$ 2.71 Bn in 2018 to US$ 4.69 Bn by the year 2027. This represents a CAGR of 6.5% from the year 2019 to 2027.
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Corporate assessment services assist the organizations in identifying, hiring, and developing the best-fit talent for a given profile. With the growing focus towards hiring the perfect fit for a job role and efficiency in managing the recruitment process, companies are shifting towards corporate assessment services. The traditional assessment process is time-consuming and involves high costs, and the corporate assessment tools assist the organizations in efficiently managing the recruitment process and reading the time and cost associated with it. In the current competitive environment, companies are using corporate assessment tools to effectively engage and recruit and retain experienced professionals to achieve a competitive advantage over other companies.
Global Corporate Assessment Services Market - Companies Mentioned:
o Aon
o Arctic Shores
o Aspiring Minds
o Birkman
o HireVue
o IBM
o Korn Ferry
o Mettl
o SHL
The rate of unemployment has been high in the past. However, it has decreased in the recent years due to the rising number of young jobseekers and growing economic growth of various countries in APAC, including India and China. The developments in youth labor markets in North America, Sub-Saharan Africa, and Europe have attracted more talent toward these regions, which led to the increase in employment rate during 2010-2016. Strong internet infrastructure in various regions has enabled applicants to search for jobs in various industries anytime and anywhere.
The robust internet infrastructure providing an online platform for hiring process is also benefitting the employers looking for potential candidates from different areas of the world. A rising number of young jobseekers is one of the substantial factors boosting the adoption of corporate assessment services as this rise is compelling organizations to conduct the process of recruitment with the assistance of tools such as cognitive, personality, language proficiency tools, and so on. They can also access online platforms for assessing tests along with figuring out new forms of work in several industries, which can provide flexibility to them while searching a job.
Chapter Details of Corporate Assessment Services Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Corporate Assessment Services Market Landscape
Part 04: Corporate Assessment Services Market Sizing
Part 05: Corporate Assessment Services Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Answers that the report acknowledges:
o Market size and growth rate during forecast period.
o Key factors driving the Corporate Assessment Services Market
o Key market trends cracking up the growth of the Corporate Assessment Services Market
o Challenges to market growth.
o Key vendors of Corporate Assessment Services Market
o Detailed SWOT analysis.
o Opportunities and threats faces by the existing vendors in Global Corporate Assessment Services Market
o Trending factors influencing the market in the geographical regions.
o Strategic initiatives focusing the leading vendors.
o PEST analysis of the market in the five major region
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