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DUBLIN – (COMMERCIAL THREAD) – The report “Cognitive Assessment and Training in Global Market 2021: Implications and Growth of COVID-19” has been added to ResearchAndMarkets.com offer.
The global cognitive assessment and training market is expected to grow from $ 3.13 billion in 2020 to $ 4.26 billion in 2021 at a CAGR of 36.01%. The growth is mainly due to the increasing demand for improved brain fitness and the adoption of gamification for cognitive assessment. The market is expected to reach $ 12.14 billion in 2025 at a CAGR of 29.97%.
North America was the largest region of the global cognitive assessment and training market in 2020. Asia-Pacific is expected to grow faster during the forecast period. The regions covered in this report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East & Africa.
Key players focusing on the development of mobile applications and software equipped with the latest technologies such as artificial intelligence and the Internet of Things are shaping the cognitive assessment and training market. The companies focus on technological innovations and new product launches for better and improved results and product offerings in the market.
The increased adoption of e-learning is expected to propel the cognitive assessment and training market growth during the forecast period. The delivery of learning and training using digital resources such as computers is known as e-learning. Assessment is an important aspect of the online classroom. A cognitive assessment offers a profile of an individual’s academic abilities and challenges, as it provides a managed snapshot of their performance, thereby helping to track progress in online learning. There has been a significant increase in the adoption of e-learning, which in turn has increased the demand for cognitive testing. According to e-learning statistics 2020 released by EdApp, a company that creates learning management systems based on micro-learning, the global e-learning industry grew by 200% to a value of 250 billion between 2017 and 2020. In addition, the e-learning learning market is expected to reach over $ 300 billion by 2025. Therefore, the increased adoption of e-learning is boosting the market growth for cognitive assessment and training.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market share, trends and strategies for this market. It traces the historical and forecast growth of the market by geography. It places the market in the context of the larger cognitive assessment and training market, and compares it to other markets.
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The Market Characteristics section of the report defines and explains the market.
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The market size section gives the market size ($ b) covering both the historical growth of the market, the influence of the COVID-19 virus, and the forecast for its growth.
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Market segmentations break down the market into submarkets.
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The regional and country breakdowns section gives an analysis of the market within each geography and market size by geography and compares their historical and forecast growth. It covers the growth trajectory of COVID-19 for all regions, major developed countries and major emerging markets.
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The competitive landscape gives a description of the competitive nature of the market, market shares and a description of the main companies. The main financial transactions that have shaped the market in recent years are identified.
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The Trends and Strategies section analyzes the shape of the market emerging from the crisis and suggests how companies can grow as the market recovers.
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The section of the Cognitive Assessment and Training Market report provides background. It compares the cognitive assessment and training market with other segments of the cognitive assessment and training market by size and growth, history and forecast. It analyzes the proportion of GDP, expenditure per capita, cognitive assessment and comparison of training indicators.
Markets covered:
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By component: Solutions; Services
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By size of organization: Small and medium-sized enterprises (SMEs); Large companies
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By vertical: Health and life sciences; Education; Business; Others
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By application: clinical trials; Learning; Research; Others
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; United States
Regions: Asia Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years of history and ten years of forecasting.
Data: Market size and growth ratios to related markets, proportions of GDP, expenditure per capita.
Data segmentation: National and regional historical and forecast data, market share of competitors, market segments.
Companies mentioned
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Cambridge Cognition
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Cogstate
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Pearson
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CogniFit
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Brightness
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Posit Science Corp.
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Global Support
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Neurocog Trials Inc.
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Total brain
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Medavante inc.
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Signed Health
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ProPhase LLC
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Vital signs of the CNS
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LearningRX
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Listening and learning center
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Philips
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MedAvant-ProPhase
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VeraSci
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Learning Oxford
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MeritTrac
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Berke
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Neuropath
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GL Assessment
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Savonix
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Winter light laboratories
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Hearing analysis
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Forget
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Altoida inc.
For more information on this report, visit https://www.researchandmarkets.com/r/dhpdg1
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