
Test Preparation Market Outlook
Test preparation is a course that is primarily designed to enhance performance on an examination leading to admission or occupational eligibility to a postsecondary institution. It aims to develop the test-taker’s abilities and skills by providing exposure to problems that resemble the actual test.
The global test preparation market is expected to exhibit a CAGR of 6% during 2022-2027.
Several resources and options are available for the students to prepare for the test, including study guides, mock exams, mind maps, tutors, courses, and study groups. The various advantages offered by the test preparation solution have surged its adoption across the globe for high school, certification, competitive, elementary, and university exams.
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Test Preparation Market Trends:
The primary factor driving the global market is the burgeoning number of enrollments in test preparation courses and increasing student competition. Moreover, the rapid internet penetration and the rising focus of students on enhancing their skills and qualifications for better employability are providing an impetus to the market growth.
Furthermore, the escalating use of analytics and the increasing awareness regarding the flexibility offered by the solution are bolstering the market growth. Besides this, the inflating consumer expenditure power, introduction of umpteen solutions by key players, such as class curricula, practice papers, crash courses, mock tests, and in-person or online tutoring programs, and the surging need for a skilled workforce in the service sector are creating a positive outlook for the market.
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In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined with some of the key players.
- Aakash Educational Services Limited
- ArborBridge Inc.
- BenchPrep
- C2 Educational System Inc.
- Club Z! Tutoring
- FIITJEE Limited
- Huntington Learning Center Inc.
- Kaplan Inc.
- Pearson Plc
- Sylvan Learning LLC
- Think and Learn Private Ltd. (BYJU'S)
- TPR Education IP Holdings LLC (The Princeton Review).
Key Market Segmentation:
The report has categorized the market based on exam, end user, learning model and gender.
Breakup by Exam:
- University Exams
- Certification Exams
- High School Exams
- Elementary Exams
- Others
Breakup by End User:
- Post-Secondary Certification
- K-12
- College Students
- Job Seekers
- Working Professionals
Breakup by Learning Model:
- Blended
- Online
Breakup by Gender:
- Male
- Female
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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