Market Overview:
The global pre-employment assessment tools market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for pre-employment assessment tools from large enterprises and SMEs across the globe. Additionally, the growing trend of using cloud-based and web-based pre-employment assessment tools is also contributing to the growth of this market. However, lack of awareness about pre-employment assessment tools among job seekers is restraining the growth of this market. North America dominates the global pre-employment assessment tools market followed by Europe, Asia Pacific, Latin America and Middle East & Africa respectively.
Product Definition:
Pre-employment assessment tools are used to measure an individual's qualifications for a specific job. They can include tests of cognitive ability, personality, and skills. The use of pre-employment assessment tools is important because it allows employers to identify the best candidates for a position and helps ensure that new employees are a good fit for the company.
Cloud Based:
Cloud-based solutions are gaining popularity in the global pre-employment assessment tools market. The major factor contributing to its growth includes cost efficiency and convenience offered as compared to other traditional modes of delivering assessment services such as pen & paper based tests and web Based testing. In addition, it reduces the burden of training personnel for operating new systems along with reducing maintenance costs incurred due to hardware failures associated with conventional systems.
Web Based:
The global web-based and it's usage in pre-employment assessment tools market size was valued at USD 2.5 billion in 2016. The increasing demand for remote working is one of the major factors driving the growth of this industry as it allows enterprises to assess candidates' work performance from their homes or any other location, thereby reducing travel costs and time involved.
Candidates these days are more inclined towards online tests owing to increased use of mobile phones, tablets,.
Application Insights:
The large enterprises segment dominated the global pre-employment assessment tools market in 2017. This is attributed to factors such as presence of a large number of candidates for each vacancy, need to conduct physical assessments and complete background checks on each candidate, and high volume of transactions.
SMEs accounted for a significant share in the market due to increasing penetration of online job portals and newspapers classifieds websites that offer vacancies across various industries. The growing trend towards automation in SMEs owing to constraints such as lack of skilled labor, high cost associated with human resources management, technological adoption rate among small businesses are some other factors driving the demand from SMEs segment.
Cloud based solutions have enabled organizations conducting PEO or contract employment services to deliver customized solutions according to their requirements without having technical knowledge about software development or hardware infrastructure required for installation at customer sites.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to various factors such as increasing government initiatives, rising awareness about employee screening tools, and high adoption of cloud-based solutions. Moreover, the region is home to several large enterprises that are early adopters of advanced technologies. Thus, they are also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing focus on talent acquisition and development by companies operating in emerging economies such as India and China. In addition, rapid technological advancements coupled with growing consumerism will also spur demand for these services in this region during the same period (from 2018 - 2030). Furthermore, an increase in outsourcing activities across various industry verticals will further propel demand for these services within Asia Pacific (APAC) region over this timeframe (2018 - 2030).
Growth Factors:
- Increasing demand for skilled workforce: The Pre-Employment Assessment Tools market is driven by the increasing demand for skilled workforce across the globe. This is because the assessment tools help in identifying the skill gaps of candidates and helps organizations to fill these gaps with suitable candidates.
- Proliferation of online assessment platforms: The Pre-Employment Assessment Tools market is witnessing a proliferation of online assessment platforms, which are helping organizations to identify and assess potential employees quickly and easily. These platforms are also helping organizations to reduce their recruitment costs significantly.
- Growing focus on talent management: Organizations are increasingly focusing on talent management in order to improve their performance and competitiveness in the global marketplace. This is resulting in an increased demand for pre-employment assessment tools, which can help organizations identify talented candidates quickly and easily.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pre-Employment Assessment Tools Market Research Report
By Type
Cloud Based, Web Based
By Application
Large Enterprises, SMEs
By Companies
Criteria Corp, ESkill, Interview Mocha, Berke, PAIRIN, Wonderlic, The Hire Talent, Plum, HR Avatar, Stang Decision Systems, Prevue HR Systems, Paycom, Devine Group, Harver, Devskiller
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Pre-Employment Assessment Tools Market Report Segments:
The global Pre-Employment Assessment Tools market is segmented on the basis of:
Types
Cloud Based, Web Based
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
Large Enterprises, SMEs
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:
- Criteria Corp
- ESkill
- Interview Mocha
- Berke
- PAIRIN
- Wonderlic
- The Hire Talent
- Plum
- HR Avatar
- Stang Decision Systems
- Prevue HR Systems
- Paycom
- Devine Group
- Harver
- Devskiller
Highlights of The Pre-Employment Assessment Tools 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:
- Cloud Based
- Web Based
- By Application:
- Large Enterprises
- SMEs
- 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 Pre-Employment Assessment Tools 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.
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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?
Pre-employment assessment tools are used to assess an individual's suitability for a certain position. This can include things like checking references, conducting interviews, and administering tests.
Some of the major companies in the pre-employment assessment tools market are Criteria Corp, ESkill, Interview Mocha, Berke, PAIRIN, Wonderlic, The Hire Talent, Plum, HR Avatar, Stang Decision Systems, Prevue HR Systems, Paycom, Devine Group, Harver, Devskiller.
The pre-employment assessment tools market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pre-Employment Assessment Tools 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 Pre-Employment Assessment Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pre-Employment Assessment Tools 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 Pre-Employment Assessment Tools 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 Pre-Employment Assessment Tools Market Size & Forecast, 2018-2028
4.5.1 Pre-Employment Assessment Tools Market Size and Y-o-Y Growth
4.5.2 Pre-Employment Assessment Tools Market Absolute $ Opportunity
Chapter 5 Global Pre-Employment Assessment Tools 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 Pre-Employment Assessment Tools Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 Web Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pre-Employment Assessment Tools 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 Pre-Employment Assessment Tools Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pre-Employment Assessment Tools 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 Pre-Employment Assessment Tools 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 Pre-Employment Assessment Tools Analysis and Forecast
9.1 Introduction
9.2 North America Pre-Employment Assessment Tools 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 Pre-Employment Assessment Tools Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 Web Based
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 Pre-Employment Assessment Tools Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
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 Pre-Employment Assessment Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Pre-Employment Assessment Tools 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 Pre-Employment Assessment Tools Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 Web Based
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 Pre-Employment Assessment Tools Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
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 Pre-Employment Assessment Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pre-Employment Assessment Tools 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 Pre-Employment Assessment Tools Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 Web Based
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 Pre-Employment Assessment Tools Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
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 Pre-Employment Assessment Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Pre-Employment Assessment Tools 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 Pre-Employment Assessment Tools Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 Web Based
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 Pre-Employment Assessment Tools Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
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) Pre-Employment Assessment Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pre-Employment Assessment Tools 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) Pre-Employment Assessment Tools Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 Web Based
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) Pre-Employment Assessment Tools Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
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 Pre-Employment Assessment Tools Market: Competitive Dashboard
14.2 Global Pre-Employment Assessment Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Criteria Corp
14.3.2 ESkill
14.3.3 Interview Mocha
14.3.4 Berke
14.3.5 PAIRIN
14.3.6 Wonderlic
14.3.7 The Hire Talent
14.3.8 Plum
14.3.9 HR Avatar
14.3.10 Stang Decision Systems
14.3.11 Prevue HR Systems
14.3.12 Paycom
14.3.13 Devine Group
14.3.14 Harver
14.3.15 Devskiller
