Europe Corporate Assessment Service Market to 2027 - Regional Analysis and Forecasts by Product (Cognitive, Personality, Knowledge, Performance, Company Fit, and Others); Application (Campus Recruitment, Entrance Assessment Services, Recruitment & Promotion Assessment Services, and Certification Assessment Services); Hiring Phase (Pre-Hire, and Post-Hire); Hiring Level (Executive, Entry Level, Professional, and Others)
The corporate assessment service market in Europe is expected to grow from US$ 713.2 Mn in 2018 to US$ 1,167.8 Mn by the year 2027 with a CAGR of 5.8% from the year 2019 to 2027.
The companies operating in the corporate assessment services market are offering services for various phases of a recruitment lifecycle, which includes pre-hire, post-hire, and talent development and training. The companies offering corporate assessment solutions are leveraging advanced technologies such as AI and predictive analytics to derive actionable insights from the objective data. The corporate assessment services offer various advantages over the traditional hiring process, such as greater flexibility, scalability, and better talent development and retention.
During the forecast period of 2019 to 2027, the entrance assessment services by application is anticipated to be the largest contributor in the corporate assessment service market. Whereas, recruitment & promotion assessment services segment is projected to be the fastest-growing application with the highest CAGR over the forecast period.
The growing focus towards hiring the best fit candidate for the job role and efficient management of large candidate’s pools are the major factors that are driving the growth of entrance assessment service market. The promotion assessment services enable the employer to assess the skills and abilities of individual employee required for a particular role in the company. The promotion assessment services provide a fast, reliable, and transparent way of determining employees for promotion.
Germany dominated the corporate assessment service market in 2018. The country is indulge in adopting and investing in advanced technologies. The companies in Germany are focused on technologically advanced assessment tools for hiring the right candidate for their organization, which helps them to increase the productivity of the business. After Germany, France dominated the Europe corporate assessment service market. The country’s high-education jobs, for engineers, managers, and health professionals, is rising. In 2019, household spending remained the backbone for growth as the unemployment rate fell in October. The country’s manufacturing industry is extremely diversified; though France is currently undergoing a de-industrialization process, which has resulted in the outsourcing of several activities. The figure given below highlights the revenue share of the Rest of Europe in the corporate assessment service market in the forecast period:
Rest of Europe Corporate Assessment Service Market Revenue and Forecasts to 2027 (US$ Mn)
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EUROPE CORPORATE ASSESSMENT SERVICE MARKET SEGMENTATION
By Product
- Cognitive
- Personality
- Knowledge
- Performance
- Company Fit
- Others
By Application
- Campus Recruitment
- Entrance Assessment Services
- Recruitment & Promotion Assessment Services
- Certification Assessment Services
By Hiring Phase
- Pre-Hire
- Post-Hire
By Hiring Level
- Executive
- Entry Level
- Professional
- Others
By Country
- Germany
- Italy
- France
- Russia
- UK
- Rest of Europe
Corporate Assessment Service Market - Companies Mentioned
- AON PLC
- Arctic Shores Limited
- Birkman International, Inc.
- Development Dimensions International, Inc.
- Harrison Assessments
- HireVue
- Korn Ferry
- IBM Corporation
- Mettl Online Assessment
- SHL
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Corporate Assessment Services Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe PEST Analysis
4.3 Ecosystem Analysis
5. Corporate Assessment Services Market – Market Dynamics
5.1 Key Market Drivers
5.1.1 An upsurge in the number of job seekers globally
5.1.2 Mobile Workforce and Job Immigrants are increasing owing to Globalization
5.2 Key Market Restraints
5.2.1 More Concerns Associated with Privacy of Candidates
5.3 Key Market Opportunities
5.3.1 Advancements in Big Data Technology
5.4 Future Trends
5.4.1 Rising Adoption of Advanced Technologies in Corporate Assessment Industry
5.5 Impact Analysis of Drivers and Restraints
6. Corporate Assessment Service Market – Europe Market Analysis
6.1 Market Overview
6.2 Corporate Assessment Service Market Forecast and Analysis
7. Corporate Assessment Services Market Analysis – By Product
7.1 Overview
7.1.1 Corporate Assessment Services Market Breakdown, By Product, 2018 & 2027
7.2 Cognitive
7.2.1 Overview
7.2.2 Cognitive Market Revenue and Forecasts to 2027 (US$ Mn)
7.3 Personality
7.3.1 Overview
7.3.2 Personality Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Knowledge
7.4.1 Overview
7.4.2 Knowledge Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Performance
7.5.1 Overview
7.5.2 Performance Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Company Fit
7.6.1 Overview
7.6.2 Company Fit Market Revenue and Forecasts to 2027 (US$ Mn)
7.7 Others
7.7.1 Overview
7.7.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
8. Corporate Assessment Services Market Analysis – By Hiring Phase
8.1 Overview
8.2 Corporate Assessment Services Market Breakdown, By Hiring Phase, 2018 & 2027
8.3 Pre-Hire
8.3.1 Overview
8.3.2 Pre-Hire Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Post-Hire
8.4.1 Overview
8.4.2 Post-Hire Market Revenue and Forecasts to 2027 (US$ Mn)
9. Corporate Assessment Services Market Analysis – By Application
9.1 Overview
9.2 Corporate Assessment Services Market Breakdown, By Application, 2018 & 2027
9.3 Campus Recruitment
9.3.1 Overview
9.3.2 Campus Recruitment Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Entrance Assessment Services
9.4.1 Overview
9.4.2 Entrance Assessment Services Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 Recruitment & Promotion Assessment Services
9.5.1 Overview
9.5.2 Recruitment & Promotion Assessment Services Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 Certification Assessment Services
9.6.1 Overview
9.6.2 Certification Assessment Services Market Revenue and Forecasts to 2027 (US$ Mn)
10. Corporate Assessment Services Market Analysis – By Hiring Level
10.1 Overview
10.2 Corporate Assessment Services Market Breakdown, By Hiring Level, 2018 & 2027
10.3 Executive
10.3.1 Overview
10.3.2 Executive Market Revenue and Forecasts to 2027 (US$ Mn)
10.4 Entry Level
10.4.1 Overview
10.4.2 Entry Level Market Revenue and Forecasts to 2027 (US$ Mn)
10.5 Professional
10.5.1 Overview
10.5.2 Professional Market Revenue and Forecasts to 2027 (US$ Mn)
10.6 Others
10.6.1 Overview
10.6.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
11. Corporate Assessment Service Market – By Country
11.1 Market Overview
11.1.1 Corporate Assessment Services Market Breakdown, By Country
11.1.1.1 UK Corporate Assessment Services Market, Revenue and Forecast to 2027
11.1.1.1.1 UK Corporate Assessment Services Market Breakdown, by Product
11.1.1.1.2 UK Corporate Assessment Services Market Breakdown, by Application
11.1.1.1.3 UK Corporate Assessment Services Market Breakdown, by Hiring Phase
11.1.1.1.4 UK Corporate Assessment Services Market Breakdown, by Hiring Level
11.1.1.2 Germany Corporate Assessment Services Market, Revenue and Forecast to 2027
11.1.1.2.1 Germany Corporate Assessment Services Market Breakdown, by Product
11.1.1.2.2 Germany Corporate Assessment Services Market Breakdown, by Application
11.1.1.2.3 Germany Corporate Assessment Services Market Breakdown, by Hiring Phase
11.1.1.2.4 Germany Corporate Assessment Services Market Breakdown, by Hiring Level
11.1.1.3 France Corporate Assessment Services Market, Revenue and Forecast to 2027
11.1.1.3.1 France Corporate Assessment Services Market Breakdown, by Product
11.1.1.3.2 France Corporate Assessment Services Market Breakdown, by Application
11.1.1.3.3 France Corporate Assessment Services Market Breakdown, by Hiring Phase
11.1.1.3.4 France Corporate Assessment Services Market Breakdown, by Hiring Level
11.1.1.4 Russia Corporate Assessment Services Market, Revenue and Forecast to 2027
11.1.1.4.1 Russia Corporate Assessment Services Market Breakdown, by Product
11.1.1.4.2 Russia Corporate Assessment Services Market Breakdown, by Application
11.1.1.4.3 Russia Corporate Assessment Services Market Breakdown, by Hiring Phase
11.1.1.4.4 Russia Corporate Assessment Services Market Breakdown, by Hiring Level
11.1.1.5 Italy Corporate Assessment Services Market, Revenue and Forecast to 2027
11.1.1.5.1 Italy Corporate Assessment Services Market Breakdown, by Product
11.1.1.5.2 Italy Corporate Assessment Services Market Breakdown, by Application
11.1.1.5.3 Italy Corporate Assessment Services Market Breakdown, by Hiring Phase
11.1.1.5.4 Italy Corporate Assessment Services Market Breakdown, by Hiring Level
11.1.1.6 Rest of Europe Corporate Assessment Services Market, Revenue and Forecast to 2027
11.1.1.6.1 Rest of Europe Corporate Assessment Services Market Breakdown, by Product
11.1.1.6.2 Rest of Europe Corporate Assessment Services Market Breakdown, by Application
11.1.1.6.3 Rest of Europe Corporate Assessment Services Market Breakdown, by Hiring Phase
11.1.1.6.4 Rest of Europe Corporate Assessment Services Market Breakdown, by Hiring Level
12. Industry Landscape
12.1 Market Initiative
12.2 Merger and Acquisition
12.3 New Development
13. Company Profile
13.1 AON Plc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products & Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Arctic Shores Limited
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Product & Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Birkman International, Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Development Dimensions International, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Harrison Assessments
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Product & Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 HireVue
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Product & Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Korn Ferry
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 IBM Corporation
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Mettl Online Assessment
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 SHL
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. Corporate Assessment Service Market Revenue and Forecast to 2027 (US$ Mn)
Table 2. UK Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Product (US$ Mn)
Table 3. UK Corporate Assessment Services Market, Revenue and Forecast to 2027 – Application (US$ Mn)
Table 4. UK Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Hiring Phase (US$ Mn)
Table 5. UK Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Hiring Level (US$ Mn)
Table 6. Germany Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Product (US$ Mn)
Table 7. Germany Corporate Assessment Services Market, Revenue and Forecast to 2027 – Application (US$ Mn)
Table 8. Germany Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Hiring Phase (US$ Mn)
Table 9. Germany Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Hiring Level (US$ Mn)
Table 10. France Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Product (US$ Mn)
Table 11. France Corporate Assessment Services Market, Revenue and Forecast to 2027 – Application (US$ Mn)
Table 12. France Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Hiring Phase (US$ Mn)
Table 13. France Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Hiring Level (US$ Mn)
Table 14. Russia Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Product (US$ Mn)
Table 15. Russia Corporate Assessment Services Market, Revenue and Forecast to 2027 – Application (US$ Mn)
Table 16. Russia Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Hiring Phase (US$ Mn)
Table 17. Russia Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Hiring Level (US$ Mn)
Table 18. Italy Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Product (US$ Mn)
Table 19. Italy Corporate Assessment Services Market, Revenue and Forecast to 2027 – Application (US$ Mn)
Table 20. Italy Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Hiring Phase (US$ Mn)
Table 21. Italy Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Hiring Level (US$ Mn)
Table 22. Rest of Europe Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Product (US$ Mn)
Table 23. Rest of Europe Corporate Assessment Services Market, Revenue and Forecast to 2027 – Application (US$ Mn)
Table 24. Rest of Europe Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Hiring Phase (US$ Mn)
Table 25. Rest of Europe Corporate Assessment Services Market, Revenue and Forecast to 2027 – By Hiring Level (US$ Mn)
Table 26. Glossary of Terms, Global Corporate Assessment Services Market
LIST OF FIGURES
Figure 1. Corporate Assessment Services Market Segmentation
Figure 2. Corporate Assessment Services Market Segmentation – By Geography
Figure 3. Corporate Assessment Services Market – Overview
Figure 4. Corporate Assessment Services Market – Strategy Analysis
Figure 5. Corporate Assessment Services Market – By Product
Figure 6. Corporate Assessment Services Market – By Application
Figure 7. Corporate Assessment Services Market – By Hiring Phase
Figure 8. Corporate Assessment Services Market – By Hiring Level
Figure 9. Europe PEST Analysis
Figure 10. Corporate Assessment Service Market – Ecosystem Analysis
Figure 11. Corporate Assessment Services Market, Impact Analysis of Drivers and Restraints
Figure 12. Corporate Assessment Services Market Breakdown, By Product, 2018 & 2027 (%)
Figure 13. Cognitive Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 14. Personality Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. Knowledge Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16. Performance Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. Company Fit Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. Corporate Assessment Services Market Breakdown, By Hiring Phase, 2018 & 2027 (%)
Figure 20. Pre-Hire Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. Post-Hire Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. Corporate Assessment Services Market Breakdown, By Application, 2018 & 2027 (%)
Figure 23. Campus Recruitment Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. Entrance Assessment Services Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 25. Recruitment & Promotion Assessment Services Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 26. Certification Assessment Services Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 27. Corporate Assessment Services Market Breakdown, by Hiring Level, 2018 & 2027 (%)
Figure 28. Executive Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 29. Entry Level Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 30. Professional Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 31. Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 32. Corporate Assessment Services Market Breakdown, By Country, 2018 & 2027(%)
Figure 33. UK Corporate Assessment Services Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 34. Germany Corporate Assessment Services Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 35. France Corporate Assessment Services Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 36. Russia Corporate Assessment Services Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 37. Italy Corporate Assessment Services Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 38. Rest of Europe Corporate Assessment Services Market, Revenue and Forecast, 2018–2027 (US$ Mn)
The List of Companies are - Europe Corporate Assessment Service Market
- AON PLC
- Arctic Shores Limited
- Birkman International, Inc.
- Development Dimensions International, Inc.
- Harrison Assessments
- HireVue
- Korn Ferry
- IBM Corporation
- Mettl Online Assessment
- SHL
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the corporate assessment service market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.