Global K-12 Testing and Assessment Market to grow at a CAGR of 5.51% during Forecast 2016-2020

Albany, NY, Dec 29: The incorporation of e-learning in schools and the culture of formative assessments are providing the required boost for the growth of the market. Tests and assessments form an essential part of educational institutions. These processes incorporate various metrics to help teachers quantify the performance of students.

The global K-12 testing and assessment market to grow at a CAGR of 5.51% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global K-12 testing and assessment market for 2016-2020. To calculate the market size, the report considers the revenue generated from third-party players who collaborate with educational institutions to conduct tests and assessments to evaluate students' performance accordingly.

The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

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Technavio's report, Global K-12 Testing and Assessment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Edutech
- MeritTrac
- Pearson Education
- Scantron

Other prominent vendors
- CogniFit
- CORE Education and Consulting Solutions
- GL Assessment
- LITERATU
- ProProfs Quiz Maker
- UMeWorld

Market driver
- Growing focus on competency-based education
- For a full, detailed list, view our report

Market challenge
- Challenges in geographical expansion
- For a full, detailed list, view our report

Market trend
- Increase in number of standardized test-optional institutions
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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