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Cognitive Assessment And Training Market Analysis, Drivers, Current Trends, Market Share, Top Players, Size And Forecast To 2032
Cognitive Assessment And Training Market Analysis
The Business Research Company's Cognitive Assessment And Training Global Market Report 2023 identifies increased adoption of e-learning as the major driver for the cognitive assessment and training market's growth in the forecast period. The delivery of learning and training through digital resources such as computers is known as eLearning. Assessment is an important aspect of the online classroom. A cognitive assessment offers a profile of an individual's academic abilities and challenges, as it provides a managed snapshot of their performance, thus helping to track progress in e-learning. There has been a significant increase in the adoption of e-learning, which in turn has increased the demand for cognitive testing.
The global cognitive assessment and training market size will grow from $3.98 billion in 2022 to $4.94 billion in 2023 at a compound annual growth rate (CAGR) of 24.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the cognitive assessment and training is expected to grow to $12.31 billion in 2027 at a CAGR of 25.6%.
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Major competitors in the cognitive assessment and training market are Cambridge Cognition, Cogstate, Pearson, CogniFit, Lumosity, Posit Science Corp., Bracket Global, Neurocog Trials Inc., Total Brain, Medavante Inc.
A key trend in the cognitive assessment and training market includes key players focusing on developing mobile applications and software equipped with the latest technologies such as artificial intelligence and the Internet of Things. The companies are focusing on technological innovations and new product launches for better and enhanced results and product offerings to the market. For instance, in October 2022, S2 Cognition, a US-based sports company, launched Mobile Testing Lab for athletes. The Mobile Testing Lab offers cognitive assessments to event venues hosting large groups of athletes for tournaments and camps.
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The cognitive assessment and training market is segmented -
1) By Component: Solutions, Services
2) By Organization Size: Small And Medium-sized Enterprises (SMEs), Large Enterprises
3) By Vertical: Healthcare And Life Sciences, Education, Corporate, Other Verticals
4) By Application: Clinical Trials, Learning, Research, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the cognitive assessment and training market.
The Business Research Company's "Global Cognitive Assessment And Training Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Cognitive Assessment And Training Market Include:
1. Cognitive Assessment And Training Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……..
22. Company Profiles
23. Market Opportunities And Strategies
24. Cognitive Assessment And Training Market, Conclusions And Recommendations
25. Appendix
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