Global Higher Education Testing and Assessment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Academic and Non-Academic.

By Application;

Educational Institutions, Universities, Training Organizations, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn395712587 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Higher Education Testing and Assessment Market (USD Million), 2021 - 2031

In the year 2024, the Global Higher Education Testing and Assessment Market was valued at USD 22,458.75 million. The size of this market is expected to increase to USD 33,769.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.

The Higher Education Testing and Assessment (HETA) market is experiencing significant growth driven by rapid technological advancements and the increasing demand for assessment tools and services within the education sector. Moreover, rising government investments, the surge in demand for online assessment tools, and a growing emphasis on student assessment further contribute to market expansion. However, challenges such as concerns regarding the security and privacy of assessment results, as well as a lack of awareness about available assessment tools, may hinder market growth.

HETA typically involves evaluating students' knowledge and skills to determine their readiness for college-level studies, typically conducted by universities, colleges, and other higher education institutions. These assessments gauge proficiency in subjects like mathematics, English, and science, aiding students in making informed decisions about their academic paths. The global higher education testing and assessment market, valued at $5.5 billion, is anticipated to grow due to increasing demands for standardized assessment solutions, driven by factors like the growing number of international students, the quest for enhanced learning outcomes, and a reliance on technology for assessment, evaluation, and learning solutions.

According to a report by MarketsandMarkets, the Global Higher Education Testing and Assessment Market is forecasted to reach USD XX billion by 20XX, with a CAGR of XX% during the 2019-20XX forecast period. This growth trajectory is underpinned by technological advancements, escalating demand for assessment tools across educational sectors, and a heightened focus on student assessment. Moreover, factors such as increasing government investments, the burgeoning adoption of student assessment and learning solutions, and the proliferation of online assessment tools are anticipated to fuel further market expansion. Additionally, the rising popularity of mobile assessment tools and the growing demand for personalized assessment solutions are expected to propel market growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Higher Education Testing and Assessment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand for online courses and distance learning programs
        2. Need to assess the quality of education
        3. Growing demand for customized tests and assessment methods
      2. Restraints
        1. Lack of awareness
        2. Cost
        3. Data security concerns
      3. Opportunities
        1. Development of new technologies
        2. Growth of the e-learning market
        3. Increasing focus on personalized learning
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Higher Education Testing and Assessment Market, By Product, 2021 - 2031 (USD Million)
      1. Academic
      2. Non-academic
    2. Global Higher Education Testing and Assessment Market, By Application , 2021 - 2031 (USD Million)
      1. Educational Institutions
      2. Universities
      3. Training Organizations
      4. Others
    3. Global Higher Education Testing and Assessment Market, By Geography, 2021- 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. McGraw-Hill Education Inc
      2. MeritTrac Services Pvt. Ltd
      3. Mettl Online Assessment
      4. Mindlogicx
      5. Pearson Plc
      6. Scantron Corp
  7. Analyst Views
  8. Future Outlook of the Market