Test Preparation Market Forecast, 2020 - 2030

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Test Preparation Market Research Report: Size, Share, Growth, Trends and Forecast 2030 By Zaraki Kenpachi - June 10, 2021

Global Test Preparation Market: Introduction Test preparation relates to tools specific to educational courses, tutoring services, educational material, or elearning which enhances the performance of students on consistent tests. Tests include entrance examinations for admission to institutions of higher education, such as college (e.g. SAT and ACT), business school (GMAT), law school (LSAT or LNAT), medical school (MCAT), BMAT, UKCAT, and GAMSAT, and graduate school (GRE).

Global Test Preparation Market – Dynamics Increased Propensity to Spend on Quality Education Globally, the level of expenditure or propensity to spend on education is increasing with the rise in disposable income and increasing quest for a better standard of living. The global education industry is growing in double digits over the last five years and is expected to expand at a strong CAGR in future. Demand for test preparation is increasing due to adoption of digitization and education, specifically in developing regions such as Asia Pacific and South America. Get sample copy of at:

Ease of Entering the Education Industry and Low Investment Profit margin is very high in the education industry due to the large customer base. The governments of different countries also encourage new companies to set up the infrastructure for education. Many players provide new and innovative solutions specific to test preparation owing to the ease of entering the education industry. The large customer base in this industry is driving the growth of the test preparation market.

Global Test Preparation Market – Competitive Landscape In June 2019, Tata Class Edge, a leading provider of technologyenabled learning solutions launched Tata Testprep – an interactive app and webbased practice and testing solution in partnership with TCY Online to aid students in preparing and practicing for competitive entrance examinations and school level competitions. Byju’s Established in 2011, Byju’s is a leading educational technology (edtech) company headquartered in Bengaluru. Byju’s provides study materials and support for competitive exams such as CAT, IAS, GMAT, GRE, JEE, NEET, bank entrance exams, etc. Byju’s has more than 35 million registered users and 2.4 million paid subscribers, which makes it one of the largest edtech platforms in the world.

Global Test Preparation Market: Segmentation The global test preparation market can be segmented based on: Component Enduser Region

Global Test Preparation Market, by Component Based on component, the global test preparation market can be divided into: Software Onpremise Cloud Services Professional Training and Consulting Support and Maintenance Managed Services

Global Test Preparation Market, by End-user

Based on enduse, the global test preparation market can be divided into: K12 (Schools) Higher Education (College/Universities) Corporate/Professional Training This study by TMR is allencompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions. Our key underpinning is the 4Quadrant Framework EIRS that offers detailed visualization of four elements: Customer Experience Maps Insights and Tools based on datadriven research Actionable Results to meet all the business priorities Strategic Frameworks to boost the growth journey The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into regionwise assessment. The following regional segments are covered comprehensively: North America Asia Pacific Europe Latin America The Middle East and Africa The EIRS quadrant framework in the report sums up our wide spectrum of datadriven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders. About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, meddevices, consumer goods and technology. These reports provide indepth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement. Contact: 90 State Street, Suite 700 Albany, NY 12207 Tel: +15186181030 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com

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