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Global Candidate Skills Assessment Market Size study, by Component (Software, Service) by Deployment Mode (On-premise, Cloud) by Product Type (Aptitude/Psychometric Test, Personality Test, Leadership Assessments/testing (including 360 Assessments), Others

Publisher Bizwit Research & Consulting
Published Jul 28, 2024
Length 200 Pages
SKU # BIZW19025504

Description

Global Candidate Skills Assessment Market Size study, by Component (Software, Service) by Deployment Mode (On-premise, Cloud) by Product Type (Aptitude/Psychometric Test, Personality Test, Leadership Assessments/testing (including 360 Assessments), Others) by End User (Corporate, Education) by Process (Diagnosis, Assessment) and Regional Forecasts 2022-2032


Global Candidate Skills Assessment Market was valued at approximately USD 2.59 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 12.77% over the forecast period 2024-2032. Candidate skills assessment tools serve as pivotal instruments in evaluating applicants' skills, personality traits, and cognitive strengths, proving to be excellent predictors of future job performance. These tools, also known as pre-employment or pre-hiring assessments, assist employers in identifying the right match for specific job roles. Beyond technical skills, these assessments evaluate cultural fit, communication skills, and other interpersonal abilities, thus enhancing the overall hiring process.

The Global Candidate Skills Assessment Market is primarily driven by the increasing need for efficiency and transparency in hiring processes, coupled with the rising adoption of pre-employment screening tests. The surge in internet users further fuels the demand for candidate skills assessment tools. Companies are increasingly adopting pre-employment screening tests to ensure they select the most qualified candidates. These assessments help in objectively evaluating skills, reducing hiring biases, and streamlining recruitment. Additionally, the rise of remote work and digital transformation has accelerated the need for robust candidate evaluations. Moreover, technological advancements in pre-employment assessment services present lucrative growth opportunities for the candidate skills assessment market during the forecast period. However, challenges such as lack of security standards and high costs pose significant barriers and going to impede the overall demand for the market during the forecast period 2024-2032.

The key regions considered for the Global Candidate Skills Assessment Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America held the dominant position in the global candidate skills assessment market attributed to rapid technological advancements, including cloud computing, artificial intelligence (AI), machine learning (ML), and sentiment analytics, which are propelling the market's growth in the region. Futhermore, the Asia-Pacific region is expected to exhibit the highest growth rate during the forecast period. This growth is driven by the increasing number of IT companies investing and operating in the region, alongside a burgeoning startup ecosystem, thereby escalating the demand for manpower and subsequently boosting the candidate skills assessment market.

Major market players included in this report are:

eSkill Corporation

Athena Assessment Inc.

Mercer Mettl Assessments

HackerRank Inc.

Kandio

iMocha

Devskiller

HireVue, Inc

HighMatch

The Predictive Index

The detailed segments and sub-segment of the market are explained below:

By Component:
• Software
• Service

By Deployment Mode:
• On-premise
• Cloud

By Product Type:
• Aptitude/Psychometric Test
• Personality Test
• Leadership Assessments/testing (including 360 Assessments)
• Others

By End User:
• Corporate
• Education

By Process:
• Diagnosis
• Assessment

By Region:

North America
• U.S.
• Canada

Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE

Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC

Latin America
• Brazil
• Mexico

Middle East & Africa
• Saudi Arabia
• South Africa
• RoMEA

Years considered for the study are as follows:
• Historical year – 2022
• Base year – 2023
• Forecast period – 2024 to 2032

Key Takeaways:
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Table of Contents

200 Pages
Chapter 1. Global Candidate Skills Assessment Market Executive Summary
1.1. Global Candidate Skills Assessment Market Size & Forecast (2022- 2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Component
1.3.2. By Deployment Mode
1.3.3. By Product Type
1.3.4. By End User
1.3.5. By Process
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Candidate Skills Assessment Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Candidate Skills Assessment Market Dynamics
3.1. Market Drivers
3.1.1. Rise in Efficiency and Transparency in Hiring Process
3.1.2. Surge in Adoption of Pre-employment Screening Tests
3.1.3. Increase in Internet Users
3.2. Market Challenges
3.2.1. Lack of Security Standards
3.2.2. High Costs
3.3. Market Opportunities
3.3.1. Technological Advancements in Pre-employment Assessment Services
Chapter 4. Global Candidate Skills Assessment Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Candidate Skills Assessment Market Size & Forecasts by Component 2022-2032
5.1. Segment Dashboard
5.2. Global Candidate Skills Assessment Market: Component Revenue Trend Analysis, 2022 & 2032 (USD Billion)
5.2.1. Software
5.2.2. Service
Chapter 6. Global Candidate Skills Assessment Market Size & Forecasts by Deployment Mode 2022-2032
6.1. Segment Dashboard
6.2. Global Candidate Skills Assessment Market: Deployment Mode Revenue Trend Analysis, 2022 & 2032 (USD Billion)
6.2.1. On-premise
6.2.2. Cloud
Chapter 7. Global Candidate Skills Assessment Market Size & Forecasts by Product Type 2022-2032
7.1. Segment Dashboard
7.2. Global Candidate Skills Assessment Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
7.2.1. Aptitude/Psychometric Test
7.2.2. Personality Test
7.2.3. Leadership Assessments/testing (including 360 Assessments)
7.2.4. Others
Chapter 8. Global Candidate Skills Assessment Market Size & Forecasts by End User 2022-2032
8.1. Segment Dashboard
8.2. Global Candidate Skills Assessment Market: End User Revenue Trend Analysis, 2022 & 2032 (USD Billion)
8.2.1. Corporate
8.2.2. Education
Chapter 9. Global Candidate Skills Assessment Market Size & Forecasts by Process 2022-2032
9.1. Segment Dashboard
9.2. Global Candidate Skills Assessment Market: Process Revenue Trend Analysis, 2022 & 2032 (USD Billion)
9.2.1. Diagnosis
9.2.2. Assessment
Chapter 10. Global Candidate Skills Assessment Market Size & Forecasts by Region 2022-2032
10.1. North America Candidate Skills Assessment Market
10.1.1. U.S. Candidate Skills Assessment Market
10.1.1.1. Component breakdown size & forecasts, 2022-2032
10.1.1.2. Deployment Mode breakdown size & forecasts, 2022-2032
10.1.1.3. Product Type breakdown size & forecasts, 2022-2032
10.1.1.4. End User breakdown size & forecasts, 2022-2032
10.1.1.5. Process breakdown size & forecasts, 2022-2032
10.1.2. Canada Candidate Skills Assessment Market
10.1.2.1. Component breakdown size & forecasts, 2022-2032
10.1.2.2. Deployment Mode breakdown size & forecasts, 2022-2032
10.1.2.3. Product Type breakdown size & forecasts, 2022-2032
10.1.2.4. End User breakdown size & forecasts, 2022-2032
10.1.2.5. Process breakdown size & forecasts, 2022-2032
10.2. Europe Candidate Skills Assessment Market
10.2.1. U.K. Candidate Skills Assessment Market
10.2.2. Germany Candidate Skills Assessment Market
10.2.3. France Candidate Skills Assessment Market
10.2.4. Spain Candidate Skills Assessment Market
10.2.5. Italy Candidate Skills Assessment Market
10.2.6. Rest of Europe Candidate Skills Assessment Market
10.3. Asia-Pacific Candidate Skills Assessment Market
10.3.1. China Candidate Skills Assessment Market
10.3.2. India Candidate Skills Assessment Market
10.3.3. Japan Candidate Skills Assessment Market
10.3.4. Australia Candidate Skills Assessment Market
10.3.5. South Korea Candidate Skills Assessment Market
10.3.6. Rest of Asia Pacific Candidate Skills Assessment Market
10.4. Latin America Candidate Skills Assessment Market
10.4.1. Brazil Candidate Skills Assessment Market
10.4.2. Mexico Candidate Skills Assessment Market
10.4.3. Rest of Latin America Candidate Skills Assessment Market
10.5. Middle East & Africa Candidate Skills Assessment Market
10.5.1. Saudi Arabia Candidate Skills Assessment Market
10.5.2. South Africa Candidate Skills Assessment Market
10.5.3. Rest of Middle East & Africa Candidate Skills Assessment Market
Chapter 11. Competitive Intelligence
11.1. Key Company SWOT Analysis
11.1.1. Company 1
11.1.2. Company 2
11.1.3. Company 3
11.2. Top Market Strategies
11.3. Company Profiles
11.3.1. eSkill Corporation
11.3.1.1. Key Information
11.3.1.2. Overview
11.3.1.3. Financial (Subject to Data Availability)
11.3.1.4. Product Summary
11.3.1.5. Market Strategies
11.3.2. Athena Assessment Inc.
11.3.3. Mercer Mettl Assessments
11.3.4. HackerRank Inc.
11.3.5. Kandio
11.3.6. iMocha
11.3.7. Devskiller
11.3.8. HireVue, Inc
11.3.9. HighMatch
11.3.10. The Predictive Index
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
List of Tables
TABLE 1. Global Candidate Skills Assessment market, report scope
TABLE 2. Global Candidate Skills Assessment market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Candidate Skills Assessment market estimates & forecasts by Component 2022-2032 (USD Billion)
TABLE 4. Global Candidate Skills Assessment market estimates & forecasts by Deployment Mode 2022-2032 (USD Billion)
TABLE 5. Global Candidate Skills Assessment market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 6. Global Candidate Skills Assessment market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Candidate Skills Assessment market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Candidate Skills Assessment market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Candidate Skills Assessment market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Candidate Skills Assessment market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Candidate Skills Assessment market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Candidate Skills Assessment market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Candidate Skills Assessment market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Candidate Skills Assessment market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Candidate Skills Assessment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Candidate Skills Assessment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. U.S. Candidate Skills Assessment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Canada Candidate Skills Assessment market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada Candidate Skills Assessment market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Canada Candidate Skills Assessment market estimates & forecasts by segment 2022-2032 (USD Billion)
This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable
List of Figures
FIGURE 1. Global Candidate Skills Assessment market, research methodology
FIGURE 2. Global Candidate Skills Assessment market, market estimation techniques
FIGURE 3. Global market size estimates & forecast methods.
FIGURE 4. Global Candidate Skills Assessment market, key trends 2023
FIGURE 5. Global Candidate Skills Assessment market, growth prospects 2022-2032
FIGURE 6. Global Candidate Skills Assessment market, porters 5 force model
FIGURE 7. Global Candidate Skills Assessment market, PESTEL analysis
FIGURE 8. Global Candidate Skills Assessment market, value chain analysis
FIGURE 9. Global Candidate Skills Assessment market by segment, 2022 & 2032 (USD Billion)
FIGURE 10. Global Candidate Skills Assessment market by segment, 2022 & 2032 (USD Billion)
FIGURE 11. Global Candidate Skills Assessment market by segment, 2022 & 2032 (USD Billion)
FIGURE 12. Global Candidate Skills Assessment market by segment, 2022 & 2032 (USD Billion)
FIGURE 13. Global Candidate Skills Assessment market by segment, 2022 & 2032 (USD Billion)
FIGURE 14. Global Candidate Skills Assessment market, regional snapshot 2022 & 2032
FIGURE 15. North America Candidate Skills Assessment market 2022 & 2032 (USD Billion)
FIGURE 16. Europe Candidate Skills Assessment market 2022 & 2032 (USD Billion)
FIGURE 17. Asia pacific Candidate Skills Assessment market 2022 & 2032 (USD Billion)
FIGURE 18. Latin America Candidate Skills Assessment market 2022 & 2032 (USD Billion)
FIGURE 19. Middle East & Africa Candidate Skills Assessment market 2022 & 2032 (USD Billion)
FIGURE 20. Global Candidate Skills Assessment market, company market share analysis (2023)
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable

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