LONDON--(BUSINESS WIRE)--According to the market research report released by Technavio, the test preparation market in the US is expected to accelerate at a CAGR of almost 6% during the forecast period. The rising incorporation of AI in tutoring services is one of the key factors triggering the growth of the market.
This research report titled ‘Test Preparation Market in the US 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Buy this report now and get additional benefits: View market snapshot before purchasing
The market research analysis categorizes the test preparation market in the US into the following products:
- University exams
- Certification exams
- High school exams
- Elementary exams
In 2016, the university exams segment accounted for 32% of the global market. This segment will continue to dominate the market through 2021 given the importance of these exams in the US education system.
Test preparation market in the US: Top emerging trend
The growing m-learning is an emerging trend in the test preparation market space. With the increase in the tech-savvy population and the rise in the adoption of tablets, mobile phones, and other mobile devices, there is a significant demand for the concept of m-learning. The US has already adopted m-learning methods for test preparation and tutoring services. This allows vendors to provide efficient data to customers effectively in a more convenient way. Online tutoring companies such as Pearson Education offer Smarthinking to their students. Smarthinking is an online platform that provides expert online tutoring to students. By using Smarthinking, students can connect with expert tutors online for a session. The test preparation market in the US is driven by the increase in the prevalence of m-learning.
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio’s report provides expert market research on the following topics:
- Market Outline
- Test Preparation Market in the US Overview
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Key leading countries
- Market segmentation by product (university exams, certification exams, high school exams, elementary exams, and other exams)
- Market segmentation by end-user (K-12 and higher education)
- Market segmentation by learning model (online learning and blended learning)
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (ArborBridge, Pearson Education, Club Z!, The Princeton Review, and Kaplan)
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.