The corporate assessment service market in Asia-Pacific is expected to grow from US$ 997.71Mn in 2017 to US$ 1941.67 Mn by the year 2027 at a CAGR of 7.9% during the forecast period.
The adoption of advanced and innovative technologies across the region is high. Rapid developments, digitalization of the economy, and adequate government support are some of the attributable factors that have ensured the smooth transition of these economies from the developing stage towards a developed stage. Furthermore, developing countries in the region are also focusing on offering corporate assessment services to the businesses in order to gain traction in the APAC region. For instance, Profiles Asia Pacific, the Philippines-based company, offers employment assessment products to help businesses select the right candidate and develop them to their full potential; it also provides reliable information that allows the company to make an informed decision. These factors are likely to drive the corporate assessment service market.
The technological improvements, competitive demands for talent, and candidate-centric hiring have generated robust, profitable forces that are driving changes in corporate assessment methods. Several organizations in the APAC are demanding shorter and more engaging candidate experiences to help them target talent. Innovative corporate assessment techniques are also being developed in the APAC. Such type of factors are likely to drive the component assessment service market.
The Rest of Asia-Pacific corporate assessment service market is expected to grow at a decent CAGR of from 2019 to 2027. According to International Labor Organization (ILO), the region continues to create jobs at a very rapid rate; unemployment in the region is projected to remain low by the international standards. Such factors are likely to drive the corporate assessment market.
Rest of Asia-Pacific Corporate Assessment Service Market Revenue and Forecasts to 2027 (US$ Mn)
Asia-Pacific Corporate Assessment Service Market–Segmentation
Asia-Pacific Corporate Assessment Service Market ByProduct
Cognitive
Personality
Knowledge
Performance
Company Fit
Others
Asia-Pacific Corporate Assessment Service Market ByApplication
Campus Recruitment
Entrance Assessment Service
Recruitment & Promotion Assessment Service
Certification Assessment Services
Asia-Pacific Corporate Assessment Service Market By Hiring Phase
Pre-Hire
Post-Hire
Asia-Pacific Corporate Assessment Service Market By Hiring Level
Executive
Entry Level
Professional
Others
Asia-Pacific Corporate Assessment Service Market By Country
Australia
China
India
Japan
South Korea
Rest of Asia-Pacific
Asia-Pacific Corporate Assessment Service Market-Companies Mentioned
AON Plc
Arctic Shores Limited
Aspiring Minds
Birkman International, In
Development Dimensions International, Inc
Harrison Assessments
Korn Ferry
IBM Corporation
Mettl Online Assessment
SHL
Asia Pacific Corporate Assessment Service Market Strategic Insights
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Asia Pacific Corporate Assessment Service Market Segmentation Analysis
Asia Pacific Corporate Assessment Service Market Report Highlights
Asia Pacific Corporate Assessment Service Report Scope
Report Attribute
Details
Market size in 2017
US$ 997.71 Million
Market Size by 2027
US$ 1941.67 Million
CAGR (2017 - 2027)
7.9%
Historical Data
2015-2016
Forecast period
2018-2027
Segments Covered
By Product
Cognitive
Personality
Knowledge
Performance
Company Fit
By Application
Campus Recruitment
Entrance Assessment Services
Recruitment & Promotion Assessment Services
Certification Assessment Services
By Hiring Phase
Pre-Hire
Post-Hire
By Hiring Level
Executive
Entry Level
Professional
Regions and Countries Covered
Asia-Pacific
China, India, Japan, Australia, Rest of Asia-Pacific
Market leaders and key company profiles
AON Plc
Arctic Shores Limited
Aspiring Minds
Birkman International, In
Development Dimensions International, Inc
Harrison Assessments
Korn Ferry
IBM Corporation
Mettl Online Assessment
SHL
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Asia Pacific Corporate Assessment Service Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
How big is the Asia Pacific Corporate Assessment Service Market?
The Asia Pacific Corporate Assessment Service Market is valued at US$ 997.71 Million in 2017, it is projected to reach US$ 1941.67 Million by 2027.
What is the CAGR for Asia Pacific Corporate Assessment Service Market by (2017 - 2027)?
As per our report Asia Pacific Corporate Assessment Service Market, the market size is valued at US$ 997.71 Million in 2017, projecting it to reach US$ 1941.67 Million by 2027. This translates to a CAGR of approximately 7.9% during the forecast period.
What segments are covered in this report?
The Asia Pacific Corporate Assessment Service Market report typically cover these key segments-
Product (Cognitive, Personality, Knowledge, Performance, Company Fit)
What is the historic period, base year, and forecast period taken for Asia Pacific Corporate Assessment Service Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Corporate Assessment Service Market report:
Historic Period : 2015-2016
Base Year : 2017
Forecast Period : 2018-2027
Who are the major players in Asia Pacific Corporate Assessment Service Market?
The Asia Pacific Corporate Assessment Service Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
AON Plc
Arctic Shores Limited
Aspiring Minds
Birkman International, In
Development Dimensions International, Inc
Harrison Assessments
Korn Ferry
IBM Corporation
Mettl Online Assessment
SHL
Who should buy this report?
The Asia Pacific Corporate Assessment Service Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Asia Pacific Corporate Assessment Service Market value chain can benefit from the information contained in a comprehensive market report.
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