Competitive Landscape and Global K-12 Testing and Assessment Market Projects the market to reach USD XX billion by 2022

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The research report, K-12 Testing and Assessment provides important information and statistics about the global K-12 Testing and Assessment market. The growth drivers, limitations, and future prospects of this market have been discussed in the report, along with the prevalent trends and opportunities this market is offering. The research report analyzes the global as well as K-12 Testing and Assessment market and across the globe taking various segments based on the product type, application, and end-use industries in an account. The regional markets for K-12 Testing and Assessment are also evaluated on the basis of their performance during the forecast period.

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.

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Technavio’s analysts forecast 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.

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.

According to the report, rise in number of international schools will be a key driver for market growth. The International School Assessment (ISA) assessment test is designed for K-12 students in all international schools across the world. The test is based on the internationally endorsed reading, mathematical literacy, and scientific literacy. During the academic year 2015-2016, over 76,000 students from 355 international schools across the world took the test. These tests were conducted by online service providers. Rise in the number of such tests and an increase in the number of students enrolling for these tests are helping testing and assessment vendors generate large amounts of revenues. This is eventually driving the growth of the market.

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