Recruitment Assessment Services to Lead India Assessment Services Market until 2021

According to a report released by TechSci Research, “India Assessment Services Market By Assessment Type, By Online Vs. Offline Medium, Competition Forecast & Opportunities, 2016 – 2021, assessment services market in India is projected to reach $ 753 million by 2021. Backed by increasing awareness among students regarding competitive exams, huge demand for skilled and talented workforce, and surging preference of the government as well as corporate sector for online examinations, assessment services market in India is likely to grow at a healthy pace in the coming years.

India assessment services market comprises three segments, namely, entrance assessment services, recruitment & promotion assessment services and certification assessment services. Such examinations can be conducted via online and pen and paper-based mediums. In 2017, online segment accounted for the largest share in the country’s assessment services market and is expected to maintain its market dominance through 2021, backed by easy management and selection of examination schedule, reduction in additional cost of logistics of pen and paper-based examinations and easy delivery of results.

Browse 8 market data Tables and 28 Figures spread through 91 Pages and an in-depth TOC on “India Assessment Services Market”

According to the All India Survey on Higher Education, number of students enrolled in undergraduate and post graduate courses grew from 2.51 million in 2012 to 3.57 million in 2016. This increasing number is anticipated to boost demand for both entrance examinations for competitive courses and recruitment opportunities, which in turn would result in numerous growth opportunities for assessment service companies in India.

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“Assessment services market in India is at a developing stage and is experiencing rapid growth on account of increasing enrollment of students in undergraduate and post graduate courses. Moreover, rising population of the young labor force, increasing preference for computer-based tests, and growing demand for certification and online courses to improve the skill set and employability is expected to drive the assessment services market in the country over the course of next five years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Assessment Services Market By Assessment Type, By Online Vs. Offline Medium, Competition Forecast & Opportunities, 2016 – 2021” has evaluated the future growth potential of assessment services market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in India assessment services market.

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