Assessment Services Market Size

Assessment Services Market size was valued at 13.80 Billion in 2023 and is expected to exceed USD 35.6 Billion by the end of 2036, expanding at over 12.7% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of assessment services is evaluated at USD 35.6 Billion.

The market growth is attributed to the growing use of assessment services in various sectors such as education, healthcare, government and public sector, and manufacturing. For instance, there is a growing demand for e-books, as people are more engaged in online studies. According to a recent analysis, the predicted number of readers in the e-books sector will reach around 1 Billion by 2027.

Moreover, assessment services have a crucial role in evaluating individuals and organizations by using assessment tools such as aptitude tests to measure intelligence, skills, and knowledge.