The global school assessment tools market is anticipated to grow at a CAGR of 14.0% during the forecast period. The key driver of the market is technological advancements and digitization in the education sector. Advances in technology have made it easier and more efficient to administer assessments and collect and analyze data. This has led to the development of innovative assessment tools that can provide insights into student learning and inform instruction. Additionally, there is growing awareness of learning disabilities and the importance of early identification and intervention. Assessment tools can help identify students who may need additional support or accommodations to succeed in school, and schools are investing in assessment tools that can help identify these students early on. Governments are also supporting the use of such tools in schools. For instance, in 2022, legislators in Idaho, a US state, officially approved a new dyslexia screening and training requirement to assist schools in identifying and assisting children with dyslexia, a reading issue that affects around one in every five Idaho students.
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Besides, the global education market is also expanding owing to the increasing population and rising demand for higher education. Public organizations are also funding the education sector to further increase the student count across the globe. For instance, for more than 50 years, the Asian Development Bank (ADB) has worked throughout Asia and the Pacific to develop and enhance education at all levels, allocating around $15 billion in loans and grants to the sector. The region, which is home to about 4.5 billion people, has greatly improved access to education and met applicable Millennium Development Goals objectives. ADB education loans totaled around $1.1 billion in 2019. Since 1970, ADB has sponsored education projects totaling $7.4 billion in pre-primary, primary, and secondary education, as well as $1.6 billion in general education development. This is creating new opportunities for assessment tool providers to offer their solutions to a wider range of schools and institutions.
Owing to this, companies are expanding their reach, launching new assessment tools, and investing in developments to meet the rising demand. For instance, in January 2023, PowerSchool announced updates to its PowerSchool Unified Classroom and PowerSchool Unified Insights solutions, which are cloud-based software for K–12 education in North America. The updates include new personalized learning products, LearningNav and ContentNav, and a new resource library within Unified Insights MTSS. Additionally, PowerSchool has introduced time-saving software Clouds, which are persona-specific offerings designed to provide educators with a more connected approach to planning, engaging, and monitoring students’ unique needs. One of the clouds, the Personalized Learning Cloud, unifies assessment, planning, and instructional systems to support high-quality tiered instructional supports while providing flexibility to educators. The Personalized Learning Cloud emphasizes the 5 C’s: coherence, collaboration, community, communication, and consistency, to ensure access and equity of the learning experience and help students gain a better understanding of themselves.
Global School Assessment Tools Market Report Segment
By Type
- Formative
- Interim
- Diagnostic
- Summative
By Application
- Secondary Education
- Elementary Education
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School Assessment Tools Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Renaissance Learning, Inc.
- com
- Instructure, Inc.
- Anthology Inc.
- Kahoot!
- ExamSoft Worldwide LLC
- John Wiley & Sons, Inc.
- HighMatch, LLC
- ClassMarker Pty Ltd.
- Nearpod Inc.
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