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North America Corporate Assessment Services Market to 2027 - Regional Analysis and Forecasts by Product (Cognitive, Personality, Knowledge, Performance, Company Fit, and Others); Application (Campus Recruitment, Entrance Assessment Services, Recruitment & Promotion Assessment Services, and Certification Assessment Services); Hiring Phase (Pre - Hire, and Post - Hire); Hiring Level (Executive, Entry Level, Professional, and Others)

  • THE3479170
  • 96 Pages
  • January 2020
  • ICT & Media
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The North America corporate assessment services market accounted for US$ 482.1 Mn in 2018 and is expected to grow at a CAGR of 4.9% over the forecast period 2019–2027, to account for US$ 731.6 Mn 2027. The modern assessment tools used for corporate assessment services would continue to produce innovative changes in assessment methods and practices. The ability to target candidates from available information sources could lead to transformational changes in the hiring procedures. The technology has also given growth to more available data on individuals and new tools that allow businesses to mine the data for competitive advantage. Social media and other data collected through technology are used for predictive analytics and assessment of candidates to optimize business performance. Therefore, the countries of North America focus towards assessing the candidate in terms of several parameters and technological advancements are the key factors that are anticipated to drive the growth of the corporate assessment market.

In North America region, US is the leading country which dominates the corporate assessment services market; and Canada is expected to be the fastest growing country in North America. The growth in the corporate assessment services market in the US is primarily driven by factors such as increasing digitization and implementing various corporate assessment-related tools. The US uses several corporate tests such as aptitude tests, psychometric tests, and other tools to effectively and swiftly place recruits into a role that matched their capabilities. It also uses corporate assessment tools to screen and train the candidates. Thus, companies in the US spent dollars on corporate assessment tools to attract, select, promote, train, and develop their employees. Hence, the above factors are expected to drive the corporate assessment services market in the region during the forecast period.

The corporate assessment services market on the basis of hiring level is segmented into executive, entry level, professional, and others. During the forecast period of 2019 to 2027, the professional is anticipated to be the largest contributor in the corporate assessment services market and is projected to be the fastest growing segment with the highest CAGR over the forecast period.

The overall corporate assessment services market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the corporate assessment services market. It also provides an overview and forecast for the corporate assessment services market based on all the segmentation provided with respect to the North America region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the corporate assessment services market. Some of the players present in corporate assessment services market are AON PLC, Arctic Shores Limited, Aspiring Minds, Birkman International, Inc., Development Dimensions International, Inc., HireVue, Korn Ferry, IBM Corporation, Mettl Online Assessment, and SHL among others.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Corporate Assessment Services Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America – PEST Analysis

4.3 Ecosystem Analysis

5. Corporate Assessment Services Market – Market Dynamics

5.1 Key Market Drivers

5.1.1 Proliferation in Job Seekers Across the World

5.1.2 Job Immigrants and Mobile Workforce are Booming due to Globalization

5.2 Key Market Restraints

5.2.1 High Concern related to Privacy of Candidates

5.3 Key Market Opportunities

5.3.1 Advancements in Big Data Technology

5.4 Future Trends

5.4.1 Growing Adoption of Advanced Technologies such as AI in Corporate Assessment Industry

5.5 Impact Analysis of Drivers and Restraints

6. Corporate Assessment Service Market – North America Analysis

6.1 Market Overview

6.2 Corporate Assessment Service Market Forecast and Analysis

7. Corporate Assessment Services Market Analysis – By Product

7.1 Overview

7.1.1 Corporate Assessment Services Market Breakdown, By Product, 2018 & 2027

7.2 Cognitive

7.2.1 Overview

7.2.2 Cognitive Market Revenue and Forecasts to 2027 (US$ Mn)

7.3 Personality

7.3.1 Overview

7.3.2 Personality Market Revenue and Forecasts to 2027 (US$ Mn)

7.4 Knowledge

7.4.1 Overview

7.4.2 Knowledge Market Revenue and Forecasts to 2027 (US$ Mn)

7.5 Performance

7.5.1 Overview

7.5.2 Performance Market Revenue and Forecasts to 2027 (US$ Mn)

7.6 Company Fit

7.6.1 Overview

7.6.2 Company Fit Market Revenue and Forecasts to 2027 (US$ Mn)

7.7 Others

7.7.1 Overview

7.7.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)

8. Corporate Assessment Services Market Analysis – By Hiring Phase

8.1 Overview

8.2 Corporate Assessment Services Market Breakdown, By Hiring Phase, 2018 & 2027

8.3 Pre-Hire

8.3.1 Overview

8.3.2 Pre-Hire Market Revenue and Forecasts to 2027 (US$ Mn)

8.4 Post-Hire

8.4.1 Overview

8.4.2 Post-Hire Market Revenue and Forecasts to 2027 (US$ Mn)

9. Corporate Assessment Services Market Analysis – By Application

9.1 Overview

9.2 Corporate Assessment Services Market Breakdown, By Application, 2018 & 2027

9.3 Campus Recruitment

9.3.1 Overview

9.3.2 Campus Recruitment Market Revenue and Forecasts to 2027 (US$ Mn)

9.4 Entrance Assessment Services

9.4.1 Overview

9.4.2 Entrance Assessment Services Market Revenue and Forecasts to 2027 (US$ Mn)

9.5 Recruitment & Promotion Assessment Services

9.5.1 Overview

9.5.2 Recruitment & Promotion Assessment Services Market Revenue and Forecasts to 2027 (US$ Mn)

9.6 Certification Assessment Services

9.6.1 Overview

9.6.2 Certification Assessment Services Market Revenue and Forecasts to 2027 (US$ Mn)

10. Corporate Assessment Services Market Analysis – By Hiring Level

10.1 Overview

10.2 Corporate Assessment Services Market Breakdown, By Hiring Level, 2018 & 2027

10.3 Executive

10.3.1 Overview

10.3.2 Executive Market Revenue and Forecasts to 2027 (US$ Mn)

10.4 Entry Level

10.4.1 Overview

10.4.2 Entry Level Market Revenue and Forecasts to 2027 (US$ Mn)

10.5 Professional

10.5.1 Overview

10.5.2 Professional Market Revenue and Forecasts to 2027 (US$ Mn)

10.6 Others

10.6.1 Overview

10.6.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)

11. Corporate Assessment Services Market – By Country

11.1 Overview

11.1.1 North America Corporate Assessment Services Market Breakdown, By Country

11.1.1.1 US Corporate Assessment Services Market, Revenue and Forecast to 2027

11.1.1.1.1 US Corporate Assessment Services Market Breakdown, by Product

11.1.1.1.2 US Corporate Assessment Services Market Breakdown, by Application

11.1.1.1.3 US Corporate Assessment Services Market Breakdown, by Hiring Phase

11.1.1.1.4 US Corporate Assessment Services Market Breakdown, by Hiring Level

11.1.1.2 Canada Corporate Assessment Services Market, Revenue and Forecast to 2027

11.1.1.2.1 Canada Corporate Assessment Services Market Breakdown, by Product

11.1.1.2.2 Canada Corporate Assessment Services Market Breakdown, by Application

11.1.1.2.3 Canada Corporate Assessment Services Market Breakdown, by Hiring Phase

11.1.1.2.4 Canada Corporate Assessment Services Market Breakdown, by Hiring Level

11.1.1.3 Mexico Corporate Assessment Services Market, Revenue and Forecast to 2027

11.1.1.3.1 Mexico Corporate Assessment Services Market Breakdown, by Product

11.1.1.3.2 Mexico Corporate Assessment Services Market Breakdown, by Application

11.1.1.3.3 Mexico Corporate Assessment Services Market Breakdown, by Hiring Phase

11.1.1.3.4 Mexico Corporate Assessment Services Market Breakdown, by Hiring Level

12. Industry Landscape

12.1 Market Initiative

12.2 Merger and Acquisition

12.3 New Development

13. Company Profile

13.1 AON Plc

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products & Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Arctic Shores Limited

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Product & Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Aspiring Minds

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Product & Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Birkman International, Inc.

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Development Dimensions International, Inc.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 HireVue

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Product & Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Korn Ferry

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 IBM Corporation

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Mettl Online Assessment

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 SHL

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary

 
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