School Assessment Tools Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029
Besides, the global education market is also expanding owing to the increasing population and rising demand for higher education. Public organizations are also funding the education sector to further increase the student count across the globe. For instance, for more than 50 years, the Asian Development Bank (ADB) has worked throughout Asia and the Pacific to develop and enhance education at all levels, allocating around $15 billion in loans and grants to the sector. The region, which is home to about 4.5 billion people, has greatly improved access to education and met applicable Millennium Development Goals objectives. ADB education loans totaled around $1.1 billion in 2019. Since 1970, ADB has sponsored education projects totaling $7.4 billion in pre-primary, primary, and secondary education, as well as $1.6 billion in general education development. This is creating new opportunities for assessment tool providers to offer their solutions to a wider range of schools and institutions.
Owing to this, companies are expanding their reach, launching new assessment tools, and investing in developments to meet the rising demand. For instance, in January 2023, PowerSchool announced updates to its PowerSchool Unified Classroom and PowerSchool Unified Insights solutions, which are cloud-based software for K-12 education in North America. The updates include new personalized learning products, LearningNav and ContentNav, and a new resource library within Unified Insights MTSS. Additionally, PowerSchool has introduced time-saving software Clouds, which are persona-specific offerings designed to provide educators with a more connected approach to planning, engaging, and monitoring students' unique needs. One of the clouds, the Personalized Learning Cloud, unifies assessment, planning, and instructional systems to support high-quality tiered instructional supports while providing flexibility to educators. The Personalized Learning Cloud emphasizes the 5 C's: coherence, collaboration, community, communication, and consistency, to ensure access and equity of the learning experience and help students gain a better understanding of themselves.
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The Market Number Available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Rest of the World
Competitive Landscape-Renaissance Learning, Inc., ProProfs.com, Instructure, Inc., Anthology Inc., Kahoot!, and others
School Assessment Tools Market Report Segment
A full Report of School Assessment Tools Market is Available @ https://www.omrglobal.com/industry-reports/school-assessment-tools-market
School Assessment Tools Market Report Segment by Region
Rest of Europe
Rest of APAC
Rest of the World
Middle East and Africa
Renaissance Learning, Inc.
ExamSoft Worldwide LLC
John Wiley & Sons, Inc.
ClassMarker Pty Ltd.
Discovery Education, Inc.
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