Product Code: PM2332
The global Candidate Skills Assessment market size is expected to reach USD 5.34 billion by 2030 according to a new study by Polaris Market Research. The report "Candidate Skills Assessment Market Share, Size, Trends, Industry Analysis Report, By Components (Software, Services), By Deployment Model (On-Premise, Cloud), By Product (Aptitude/Psychometric Test, Personality Test, Coding Test, Others), By End-Use; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing demand for transparency throughout the hiring process, coupled with the growing penetration of pre-employment screening tests, is anticipated to drive the growth of the global market. In addition, the growing technological advancement in pre-employment evaluation services is further likely to offer huge market growth opportunities worldwide. Additionally, the increasing internet penetration across emerging nations such as India, China, and Japan, among others, is also projected to fuel the growth of the market across the globe.
Based on the deployment type, the cloud segment is dominating the global market and is anticipated to lead the market over the forecasting period. The growth of the segment can be attributed to the features offered by cloud deployments, such as no capital investment, high scalability, flexibility, and a reduced requirement on IT expertise.
Whereas the on-premises segment is showing the highest growth rate in the global market owing to this deployment model is majorly adopted by large organizations that have data centers located on-premises. This model is suitable for highly regulated technology companies, government organizations, and others.
The adoption of skills evaluation by various employment-oriented online services such as LinkedIn and others is anticipated to offer huge market growth opportunities. For instance, in September 2019, LinkedIn, the social networking service for employees & employers across the globe, launched a skill evaluation program that enables the applicants to beef up their credentials for better job hunting. On the side of the recruiter, they can use the data to filter out applicants when sourcing candidates for a job opening. Thereby, these factors may act as a catalyzing factor for the market demand in the approaching years.
Market participants such as HireVue, Athena Assessment Inc., Mercer LLC, Devskiller, eSkill, HackerRank, iMocha, Kandio, Berke ®, and The Predictive Index are some of the key players operating in the global market.
There are various market vendors introducing their innovations across the global market to reinforce their geographical footprints. Further, the companies are initiating collaborative initiatives in order to increase their market share. For instance, in December 2021, MaGE (Manipal Global Education Services)- a leading provider of marketing & business solutions in higher education, introduced MedAce, a digital learning & evaluation resource for medical students. MedAce is developed on the backbone of the CBME integrated curriculum & includes case-based evaluation and learning.
Polaris Market Research has segmented the candidate skills assessment market report on the basis of component, deployment model, product, end-use, and region:
Candidate Skills Assessment, Component Outlook (Revenue - USD Billion, 2018 - 2030)
Software
Service
Candidate Skills Assessment, Deployment Model Outlook (Revenue - USD Billion, 2018 - 2030)
Cloud
On-Premise
Candidate Skills Assessment, Product Outlook (Revenue - USD Billion, 2018 - 2030)
Aptitude/Psychometric Test
Personality Test
Coding Tests
Others
Candidate Skills Assessment, End-Use Outlook (Revenue - USD Billion, 2018 - 2030)
Corporate
Education
Candidate Skills Assessment, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S.
Canada
Europe
France
Germany
UK
Italy
Spain
Netherlands
Austria
Asia Pacific
China
India
Japan
Malaysia
South Korea
Indonesia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Candidate Skills Assessment Market Insights
- 4.1. Candidate Skills Assessment - Industry Snapshot
- 4.2. Candidate Skills Assessment Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. The surge in pre-employment screening tests
- 4.2.1.2. Screening of candidates
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Lack of standardization
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Candidate Skills Assessment Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Candidate Skills Assessment Market, by Component
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 5.3. Software
- 5.3.1. Global Candidate Skills Assessment Market, by Software, by Region, 2018 - 2030 (USD Billion)
- 5.4. Services
- 5.4.1. Global Candidate Skills Assessment Market, by Services, by Region, 2018 - 2030 (USD Billion)
6. Global Candidate Skills Assessment Market, by Deployment Model
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 6.3. On-Premises
- 6.3.1. Global Candidate Skills Assessment Market, by On-Premises, by Region, 2018 - 2030 (USD Billion)
- 6.4. Cloud
- 6.4.1. Global Candidate Skills Assessment Market, by Cloud, by Region, 2018 - 2030 (USD Billion)
7. Global Candidate Skills Assessment Market, by Product
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 7.3. Aptitude/Psychometric Test
- 7.3.1. Global Candidate Skills Assessment Market, by Aptitude/Psychometric Test, by Region, 2018 - 2030 (USD Billion)
- 7.4. Personality Test
- 7.4.1. Global Candidate Skills Assessment Market, by Personality Test, by Region, 2018 - 2030 (USD Billion)
- 7.5. Coding Test
- 7.5.1. Global Candidate Skills Assessment Market, by Coding Test, by Region, 2018 - 2030 (USD Billion)
- 7.6. Others
- 7.6.1. Global Other Candidate Skills Assessment Market, by Region, 2018 - 2030 (USD Billion)
8. Global Candidate Skills Assessment Market, by End-Use
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Global Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.3. Corporate
- 8.3.1. Global Candidate Skills Assessment Market, by Corporate, by Region, 2018 - 2030 (USD Billion)
- 8.4. Education
- 8.4.1. Global Candidate Skills Assessment Market, by Education, by Region, 2018 - 2030 (USD Billion)
9. Global Candidate Skills Assessment Market, by Geography
- 9.1. Key findings
- 9.2. Introduction
- 9.2.1. Candidate Skills Assessment Market Assessment, By Geography, 2018 - 2030 (USD Billion)
- 9.3. Candidate Skills Assessment Market - North America
- 9.3.1. North America: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.3.2. North America: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.3.3. North America: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.3.4. North America: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.3.5. Candidate Skills Assessment Market - U.S.
- 9.3.5.1. U.S.: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.3.5.2. U.S.: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.3.5.3. U.S.: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.3.5.4. U.S.: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.3.6. Candidate Skills Assessment Market - Canada
- 9.3.6.1. Canada: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.3.6.2. Canada: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.3.6.3. Canada: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.3.6.4. Canada: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.4. Candidate Skills Assessment Market - Europe
- 9.4.1. Europe: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.4.2. Europe: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.3. Europe: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.4.4. Europe: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.5. Candidate Skills Assessment Market - UK
- 9.4.5.1. UK: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.4.5.2. UK: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.5.3. UK: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.4.5.4. UK: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.6. Candidate Skills Assessment Market - France
- 9.4.6.1. France: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.4.6.2. France: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.6.3. France: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.4.6.4. France: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.7. Candidate Skills Assessment Market - Germany
- 9.4.7.1. Germany: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.4.7.2. Germany: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.7.3. Germany: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.4.7.4. Germany: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.8. Candidate Skills Assessment Market - Italy
- 9.4.8.1. Italy: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.4.8.2. Italy: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.8.3. Italy: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.4.8.4. Italy: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.9. Candidate Skills Assessment Market - Spain
- 9.4.9.1. Spain: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.4.9.2. Spain: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.9.3. Spain: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.4.9.4. Spain: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.10. Candidate Skills Assessment Market - Netherlands
- 9.4.10.1. Netherlands: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.4.10.2. Netherlands: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.10.3. Netherlands: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.4.10.4. Netherlands: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.11. Candidate Skills Assessment Market - Austria
- 9.4.11.1. Austria: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.4.11.2. Austria.: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.11.3. Austria: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.4.11.4. Austria: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.5. Candidate Skills Assessment Market - Asia Pacific
- 9.5.1. Asia Pacific: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.5.2. Asia Pacific: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.3. Asia Pacific: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.5.4. Asia Pacific: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.5. Candidate Skills Assessment Market - China
- 9.5.5.1. China: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.5.5.2. China.: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.5.3. China: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.5.5.4. China: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.6. Candidate Skills Assessment Market - India
- 9.5.6.1. India: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.5.6.2. India.: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.6.3. India: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.5.6.4. India: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.7. Candidate Skills Assessment Market - Japan
- 9.5.7.1. Japan: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.5.7.2. Japan.: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.7.3. Japan: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.5.7.4. Japan: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.8. Candidate Skills Assessment Market - Malaysia
- 9.5.8.1. Malaysia: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.5.8.2. Malaysia.: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.8.3. Malaysia: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.5.8.4. Malaysia: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.9. Candidate Skills Assessment Market - Indonesia
- 9.5.9.1. Indonesia: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.5.9.2. Indonesia.: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.9.3. Indonesia: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.5.9.4. Indonesia: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.10. Candidate Skills Assessment Market - South Korea
- 9.5.10.1. South Korea: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.5.10.2. South Korea.: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.10.3. South Korea: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.5.10.4. South Korea: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.6. Candidate Skills Assessment Market - Middle East & Africa
- 9.6.1. Middle East & Africa: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.6.2. Middle East & Africa: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.6.3. Middle East & Africa: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.6.4. Middle East & Africa: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.6.5. Candidate Skills Assessment Market - Saudi Arabia
- 9.6.5.1. Saudi Arabia: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.6.5.2. Saudi Arabia: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.6.5.3. Saudi Arabia: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.6.5.4. Saudi Arabia: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.6.6. Candidate Skills Assessment Market - South Africa
- 9.6.6.1. South Africa: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.6.6.2. South Africa: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.6.6.3. South Africa: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.6.6.4. South Africa: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.6.7. Candidate Skills Assessment Market - Israel
- 9.6.7.1. Israel: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.6.7.2. Israel: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.6.7.3. Israel: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.6.7.4. Israel: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.6.8. Candidate Skills Assessment Market - UAE
- 9.6.8.1. UAE: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.6.8.2. UAE: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.6.8.3. UAE: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.6.8.4. UAE: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.7. Candidate Skills Assessment Market - Latin America
- 9.7.1. Latin America: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.7.2. Latin America: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.7.3. Latin America: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.7.4. Latin America: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.7.5. Candidate Skills Assessment Market - Mexico
- 9.7.5.1. Mexico: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.7.5.2. Mexico: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.7.5.3. Mexico: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.7.5.4. Mexico: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.7.6. Candidate Skills Assessment Market - Brazil
- 9.7.6.1. Brazil: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.7.6.2. Brazil: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.7.6.3. Brazil: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.7.6.4. Brazil: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
- 9.7.7. Candidate Skills Assessment Market - Argentina
- 9.7.7.1. Argentina: Candidate Skills Assessment Market, by Component, 2018 - 2030 (USD Billion)
- 9.7.7.2. Argentina: Candidate Skills Assessment Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.7.7.3. Argentina: Candidate Skills Assessment Market, by Deployment Model, 2018 - 2030 (USD Billion)
- 9.7.7.4. Argentina: Candidate Skills Assessment Market, by Product, 2018 - 2030 (USD Billion)
10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
- 11.1. Athena Assessment Inc.
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. Berke
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. Devskiller
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. eSkill
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. HackerRank
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. HireVue
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. iMocha
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. Kandio
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
- 11.9. Mercer LLC
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
- 11.10. The Predictive Index
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Recent Development