Market Overview:
The global cognitive ability assessment market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about cognitive abilities and their assessment, rising demand for early diagnosis and treatment of various neurological disorders, and growing adoption of cognitive ability assessments by educational institutions and corporates. However, the high cost associated with these tests is likely to restrain the growth of this market during the forecast period. The global cognitive ability assessment market can be segmented on the basis of type into children’s tests and adult’s tests. The children’s test segment is expected to account for a larger share of this market in 2018 owing to rising awareness about early detection and treatment of various neurological disorders among parents. On the basis of application, this market can be divided into healthcare & life sciences, education, corporate sector, and other applications (e-learning platforms). The healthcare & life sciences application segment is expected to account for a larger share in 2018 due its growing demand for early diagnosis & treatment options for various neurological disorders such as Alzheimer’s disease, dementia,, etc.).Geographically, this market can be segmented into North America , Latin America , Europe Asia Pacific ,and Middle East & Africa .
Product Definition:
Cognitive Ability Assessment is a process of measuring and evaluating an individual's cognitive skills. It helps in identifying the strengths and weaknesses of an individual's cognitive abilities. This information can be used to determine appropriate interventions and accommodations for individuals with learning disabilities or Attention Deficit Hyperactivity Disorder (ADHD).
Children:
Introduction of the product, what is it.
The children, its usage and growth factor in cognitive ability assessment market is expected to grow at a significant rate owing to factors such as increasing prevalence of learning disabilities among children coupled with rising awareness regarding early diagnosis. Moreover growing acceptance for new technology by parents for assessing their child’s intelligence is also one of the key drivers.
Adults:
The global Adults and it's usage in cognitive ability assessment market size was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing geriatric population base, which has higher susceptibility to neurological disorders coupled with rising government initiatives for early diagnosis & intervention are some high impact rendering drivers of this market during the forecast period 2015 - 2022.
North America adults.
Application Insights:
The corporate application segment accounted for the largest market share in 2017 and will expand at a CAGR of XX% over the forecast period. The growing demand for skilled professionals with different types of cognitive abilities has been driving this segment. Companies are focusing on developing their workforce by understanding people's natural abilities and then training them to become more efficient in their jobs, which is further increasing the demand for ability assessment tools among companies.
The healthcare and life sciences sector was one of the prominent segments that contributed to overall revenue generation in 2017 due to increased focus on employee efficiency within this industry as well as across various other sectors such as banking, financial services, retail etc., Ability assessors are used by recruiters within these industries to understand employees' strengths & weaknesses so that they can design an effective training program or develop a new product development strategy based on employee insights thus contributing towards market growth across various applications globally.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. This can be attributed to the presence of a large number of assessment providers, increased funding for research on brain-based measures, and growing awareness about these tests among employers. Moreover, rising participation by students in gifted education programs is expected to drive regional growth over the forecast period.
Asia Pacific region is anticipated to witness lucrative growth over the forecast period owing to increasing investments by governments and non-profit organizations aimed at creating awareness regarding mental health issues associated with cognitive ability tests and related traits such as intelligence. Furthermore, an increase in international migration has led to an increase in intergenerational mixing across cultures; this factor is also likely contribute toward regional demand for cognitive ability testing during the forecast period.
Growth Factors:
- Increasing demand for cognitive ability assessment from educational institutions to measure the intelligence quotient (IQ) of students
- Rising awareness about the benefits of cognitive ability assessment among parents and educators
- Proliferation of online platforms for administering cognitive ability assessments
- Growing demand for cognitive ability assessments in the corporate sector to assess employee productivity and identify potential leaders
- Development of innovative technologies that make cognitive ability assessments more accurate and efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
Cognitive Ability Assessment Market Research Report
By Type
Children, Adults
By Application
Healthcare and Life Sciences, Education, Corporate
By Companies
Behavox, WinterLight Labs, Exiger, ALEKS, BrainCheck, Kheiron, Aptima, Inc., Altoida AG, Savonix, Bryq, UAB, Pymetrics, Inserm, EOTVOS LORAND TUDOMANYEGYETEM, Arctic Shores, Cognisess, Psychology Software Tools, Inc., PLECTICA LLC, Starling Minds, Cognitive ToyBox, CogniFit
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Cognitive Ability Assessment Market Report Segments:
The global Cognitive Ability Assessment market is segmented on the basis of:
Types
Children, Adults
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Healthcare and Life Sciences, Education, Corporate
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Behavox
- WinterLight Labs
- Exiger
- ALEKS
- BrainCheck
- Kheiron
- Aptima, Inc.
- Altoida AG
- Savonix
- Bryq
- UAB
- Pymetrics
- Inserm
- EOTVOS LORAND TUDOMANYEGYETEM
- Arctic Shores
- Cognisess
- Psychology Software Tools, Inc.
- PLECTICA LLC
- Starling Minds
- Cognitive ToyBox
- CogniFit
Highlights of The Cognitive Ability Assessment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Children
- Adults
- By Application:
- Healthcare and Life Sciences
- Education
- Corporate
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cognitive Ability Assessment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cognitive ability assessment is a process of assessing the cognitive abilities of individuals. It can be used to identify individual strengths and weaknesses, as well as to provide information about an individual's potential for success in specific areas.
Some of the major players in the cognitive ability assessment market are Behavox, WinterLight Labs, Exiger, ALEKS, BrainCheck, Kheiron, Aptima, Inc., Altoida AG, Savonix, Bryq, UAB, Pymetrics, Inserm, EOTVOS LORAND TUDOMANYEGYETEM, Arctic Shores, Cognisess, Psychology Software Tools, Inc., PLECTICA LLC, Starling Minds, Cognitive ToyBox, CogniFit.
The cognitive ability assessment market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cognitive Ability Assessment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cognitive Ability Assessment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cognitive Ability Assessment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cognitive Ability Assessment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cognitive Ability Assessment Market Size & Forecast, 2020-2028
4.5.1 Cognitive Ability Assessment Market Size and Y-o-Y Growth
4.5.2 Cognitive Ability Assessment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Children
5.2.2 Adults
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Healthcare and Life Sciences
6.2.2 Education
6.2.3 Corporate
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cognitive Ability Assessment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cognitive Ability Assessment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Children
9.6.2 Adults
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Healthcare and Life Sciences
9.10.2 Education
9.10.3 Corporate
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Children
10.6.2 Adults
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Healthcare and Life Sciences
10.10.2 Education
10.10.3 Corporate
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Children
11.6.2 Adults
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Healthcare and Life Sciences
11.10.2 Education
11.10.3 Corporate
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Children
12.6.2 Adults
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Healthcare and Life Sciences
12.10.2 Education
12.10.3 Corporate
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Children
13.6.2 Adults
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Healthcare and Life Sciences
13.10.2 Education
13.10.3 Corporate
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cognitive Ability Assessment Market: Competitive Dashboard
14.2 Global Cognitive Ability Assessment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Behavox
14.3.2 WinterLight Labs
14.3.3 Exiger
14.3.4 ALEKS
14.3.5 BrainCheck
14.3.6 Kheiron
14.3.7 Aptima, Inc.
14.3.8 Altoida AG
14.3.9 Savonix
14.3.10 Bryq
14.3.11 UAB
14.3.12 Pymetrics
14.3.13 Inserm
14.3.14 EOTVOS LORAND TUDOMANYEGYETEM
14.3.15 Arctic Shores
14.3.16 Cognisess
14.3.17 Psychology Software Tools, Inc.
14.3.18 PLECTICA LLC
14.3.19 Starling Minds
14.3.20 Cognitive ToyBox
14.3.21 CogniFit
