Test preparation market in US 2020-2024
Technavio has been monitoring the test preparation market in US and it is poised to grow by $ 10.72 bn during 2020-2024 progressing at a CAGR of 6% during the forecast period. Our reports on test preparation market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current us market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing use of analytical tools in test preparations, increasing emphasis on online mode of test preparation and demand for test preparation services in the US. In addition, increasing use of analytical tools in test preparations is anticipated to boost the growth of the market as well.
The test preparation market in US analysis includes product segment and geographic landscapes
Technavio's test preparation market in US is segmented as below:
- University exams
- Certification exams
- High school exams
- Elementary exams
- Other exams
This study identifies the technological advances in test preparation services as one of the prime reasons driving the test preparation market in US growth during the next few years. Also, rising emphasis on private tutoring and increase in M&A activities and number of startups will lead to sizable demand in the market.
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our test preparation market in US covers the following areas:
- Test preparation market in US sizing
- Test preparation market in US forecast
- Test preparation market in US industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading test preparation market in US vendors that include ArborBridge Inc., Cengage Learning Holdings II Inc., Club Z! Inc., Edgenuity Inc., Instructure Inc., Kaplan Inc., McGraw-Hill Education Inc., Pearson Plc, Providence Equity Partners LLC, and TPR Education IP Holdings LLC. Also, the test preparation market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.