Cognitive Assessment and Training Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR40865
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 Cognitive Assessment and Training Market - 2021-2025

The projected valuation of the cognitive assessment and training market by 2025 is USD 8.82 billion. The growth momentum of the market is expected to accelerate at a CAGR of 29.37%, during 2021-2025. This research report elucidates the market drivers and trends that has been catalyzing the progress of existing market players. One of the key factors driving the cognitive assessment and training market growth is the availability of cost-effective online cognitive assessments. View our sample report for insights on the latest drivers, trends, and challenges that will have a far-reaching effect on the market growth in the coming years.

Cognitive Assessment and Training Market Size

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Cognitive Assessment and Training Market Segments

Every aspect of business improvement planning depends on the understanding of current and potential target customers across segmentations. Our cognitive assessment and training market analysis report extensively covers end-user (healthcare, education, and others) and geography (North America, Europe, APAC, South America, and MEA), wherein you will obtain insights on qualitative and quantitative data that can help in optimizing financial results. Get actionable insights on the cognitive assessment and training market segments to recognize and seize financial opportunities

Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic cognitive assessment and training market predictions on demand changes for 2021-2025? You can buy the report now with one easy click.

Cognitive Assessment and Training Market Vendors and Competitive Analysis

The cognitive assessment and training market is fragmented and the vendors are deploying growth strategies such as establishing a strong customer base to gain competitive advantage. Find out about other well-thought-out business planning approaches of key players from our sample report.

The cognitive assessment and training market share report highlights the repercussions of the effects of the pandemic across regions and segments, and the entire value chain. To make the most of the emerging opportunities and recover from adverse COVID-19 shock, the market vendors should focus more on leveraging change in consumer behavior and growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

Buy the full cognitive assessment and training market forecast report for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Cognitive Assessment and Training Market Vendors

Cognitive Assessment and Training Market - Region Opportunities 2021-2025

33% of the cognitive assessment and training market growth will originate from North America during the forecast period. The US is a key market for cognitive assessment and training in North America. To unlock exclusive information on potential business locations and understand the demographics of current and prospective customers buy the report now!

Cognitive Assessment and Training Market Share by Geography

North America has been exhibiting significant growth rate for cognitive assessment and training market vendors. Factors such as the presence of robust infrastructure to implement cognitive assessment and training in advanced economies are accelerating the cognitive assessment and training market growth in North America. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.

The cognitive assessment and training market share growth in North America will be faster than the growth of the market in Europe, MEA, and South America. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

Cognitive Assessment and Training Market Insights by End-user

Cognitive Assessment and Training Market Share by End-user

To gain further insights on the market contribution of various segments Request for a FREE Sample!

According to our market segmentation data analysis, the healthcare segment is expected to be a significant contributor to the growth of the cognitive assessment and training market share during the forecast period. The healthcare sector is a critical sector involving several activities performed by doctors and practitioners in real-time. This requires healthcare professionals to conduct preliminary tests for the cognitive ability of chronic patients. Companies are partnering with market vendors offering several cognitive assessment solutions, in turn leading to the growth of the market. This report provides an accurate prediction of the revenue share of all the segments to the growth of the cognitive assessment and training market size.

From the cognitive assessment and training market segmentation insights, players can identify the demand pattern of target customers and make effective business plans to capture untapped segments. In addition, the analytical data on the segmentations will enable effective product and service positioning among the right end-users, which will facilitate significant exposure and growth for the vendors. Get updated actionable market insights on post COVID-19 impact on each segment.

Cognitive Assessment and Training Market Drivers & Trends

Even if the success rate of a business is higher, every factor, including challenges, influencing any market growth needs to be considered to mitigate potential risks at an earlier development stage. One of the key factors impeding the cognitive assessment and training market growth is credibility concerns. Purchase our express report to get exhaustive insights on the key industry trends, drivers, and challenges, which will help companies evaluate and build growth strategies.

The availability of cost-effective online cognitive assessments will be a significant factor driving the cognitive assessment and training market growth. Multinational companies are increasingly adopting cognitive assessments for their recruitment process. However, the manual pen and paper-based cognitive tests are laborious and involve significant monetary investments. This has resulted in the increasing demand for online cognitive assessments that are affordable and provide superior outcomes than labor-intensive manual processes. Computerized cognitive assessments also offer automated scoring and help in minimizing human error. Factors such as advances in technology, the increasing adoption of digital solutions, and the growing popularity of mobile learning will further boost the demand for online cognitive assessments from corporates and educational institutions across the world. Hence, with the rising need for reliable, standardized, and economic cognitive assessment solutions, the demand for cost-effective online cognitive assessments will also grow.

This cognitive assessment and training market analysis report provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.

 

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Cognitive Assessment and Training Market Report Outlook

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive cognitive assessment and training market growth during the next five years
  • Precise estimation of the cognitive assessment and training market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the cognitive assessment and training market across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cognitive assessment and training market vendors

Buy the Cognitive Assessment and Training Market report now to reimage your business strategies!

 

Cognitive Assessment And Training Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 29%

Market growth 2021-2025

$ 8.82 billion

Market structure

Fragmented

YoY growth (%)

28.85

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 33%

Key consumer countries

US, UK, Germany, China, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

CogniFit Ltd., Cogstate Ltd., ImPACT Applications Inc., Pearson Plc, Posit Science Corp., Quest Diagnostics Inc., Signant Health, Cambridge Cognition Holdings Plc, Total Brain Ltd., and WIRB Copernicus Group

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Healthcare - Market size and forecast 2020-2025
    • Education - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by End-user

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Cambridge Cognition Holdings Plc
    • CogniFit Ltd.
    • Cogstate Ltd.
    • ImPACT Applications Inc.
    • Pearson Plc
    • Posit Science Corp.
    • Quest Diagnostics Inc.
    • Signant Health
    • Total Brain Ltd.
    • WIRB Copernicus Group

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
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    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
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    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
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    The cognitive assessment and training market growth will increase by $10515.90 million during 2019-2024.
    The cognitive assessment and training market is expected to grow at a CAGR of 28.19% during 2019-2024.
    Technavio has segmented the cognitive assessment and training market by end user (Healthcare, Education, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
    Brain Resource Ltd., Cambridge Cognition Holdings Plc, CogniFit Ltd., Cogstate Ltd., ImPACT Applications Inc., MedAvante-ProPhase Inc., Pearson Plc, Posit Science Corp., Quest Diagnostics Inc., Signant Health are a few of the key vendors in the cognitive assessment and training market.
    North America will register the highest growth rate of 33.42% among the other regions. Therefore, the cognitive assessment and training market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the cognitive assessment and training market growth are:
    • Cost-effective online cognitive assessments
    • Rising adoption of gamification for cognitive assessment
    The cognitive assessment and training market vendors should focus on grabbing business opportunities from the healthcare segment as it accounted for the largest market share in the base year.
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