Global Personality Assessment Solutions Market Overview

The Global Personality Assessment Solutions market was valued at USD 7.3 billion in 2021 and is expected to reach USD 17.60 billion by the year 2028, at a CAGR of 13.4%.

Personality assessment is the measure of personal attributes. Personality tests are a valuable tool to better understand the personality traits, interaction style, and behavioral propensities of individuals and to assign appropriate training to individuals and support them attend favorable training courses. Furthermore, with the outbreak of the coronavirus, global limitations, decisions, and guidance are punctuating businesses. Managing a workforce with limited availability can be challenging. Stakeholders in the personality assessment solutions market are exploiting this opportunity to help employers study the science of personality, and how it influences the performance of any business. Personality tests help in better placement and reach insights into a candidate's abilities. Nevertheless, drawbacks of personality tests involve screening out of qualified candidates in cases when a mainstream personality fits the job type since the other candidate thinks out of the box. In many cases, personality tests may cause defective results since the candidates may respond based on what they think the employer wants although excluding their true personality. To reduce all these drawbacks, companies are emerging personality assessment solutions that offer a complete, objective, an overall picture of a candidate.

Personality Assessment Solutions Market

Market Dynamics and Factors for the Personality Assessment Solutions Market

Drivers:

The growing digitization of the education sector is stimulating the development of smart classrooms, meeting rooms, and others. Additionally, the rising demand for hands-free speech augmentation and recording is producing a demand for personality assessment solutions for training and development. In addition, the rise in disposable income allows consumers to spend more on education, training, and development, which will probably lead to increased demand for personality assessment solutions over the forecast period. Furthermore, training and development through the Internet of Things (IoT) and Blockchain technologies foster sterling learning experiences by placing learners in the context of real-world experiences or challenges. The growth in internet penetration allows organizations to execute continuous and active training approaches to allow interns or employees to learn through hands-on experience, which is anticipated to drive demand for personality assessment solutions.

Cloud-based deployment of personality assessment solutions has been reaching popularity in recent years. This is primarily owing to the growth of cloud infrastructure that has enabled easy accessibility of cloud storage, along with economical pricing. Cloud technology helps organizations reach and generate the best talent, and hire the right people, and overcome time to hire talent. Furthermore, a cloud-based personality assessment portfolio boosts the retention of employees and decreases turnover cost, thereby improving the performance and employee engagement of the organization. Furthermore, training and development courses are made accessible to students to prepare them for academic as well as professional sectors. An analysis of ongoing trends suggests a switch toward the adoption of SaaS-based personality assessment solutions. The high cost of software, hardware, and data center operations are divided among customers by the vendor in the SaaS-based model, thus enabling customers to avail top of the line infrastructure at a fraction of the initial cost.

Restraints:

Periodic changes in the requirements of industries owing to the modernizations in technology lead to added investments to keep up-to-date with them, which is the major factor hampering the growth of the personality assessment solution market.

Opportunities:

Developing technologies are projected to support organizations significantly boost the learning of their employees regarding the latest training methodologies, which, in turn, is projected to accelerate the demand for the workforce. Therefore, growth in need of digital workspaces is anticipated to produce profitable opportunities for the personality assessment solutions market during the forecast period.

As per Amazon Web Service, the skilled digital workforce is anticipated to grow nine-fold by 2025 in India. India will need a total of 3.9 billion digital skills sessions throughout the next five years. The rising demand for digital skills training in APAC economies such as India, Australia, Indonesia, Japan, South Korea, and Singapore, offers a lucrative opportunity for the personality assessment solutions market

Market Segmentation

Segmentation for the Personality Assessment Solutions Market

Based on the delivery model, the outsourced delivery model is expected to dominate the personality assessment solutions market during the forecast period. Outsourcing is a business practice in which services or job functions are hired out to a third party. Significance of outsourcing as compared to in-hose delivery model such as lower costs (owing to economies of scale or lower labor rates), increased flexibility to accomplish changing business and commercial conditions, lower ongoing investment in internal infrastructure, accelerated time to market, available to innovation, intellectual property and thought leadership, possible cash influx resulting from the transfer of assets to the new suppliers and others, which helps to segment growth in the personality assessment solutions market.

Based on the industry vertical, banking, financial service, and insurance (BFSI) is expected to dominate the personality assessment solutions market during the forecast period. There has been a massive requirement for newbie sales and customer relations personnel in various end-use industries such as banking, finance, and insurance. These industries are getting organized and facing a significant need for front-line staff. In addition, businesses are focusing on rural markets such as agriculture and microfinance, which require staff for customer interaction in large numbers. Therefore, pre-hire and post-hire assessment tools are both opted based on industry requirements. This factor is probably to hasten the growth of the personality assessment solutions market during the forecast period.

Regional Analysis for the Personality Assessment Solutions Market

North America is anticipated to register the maximum personality assessment solutions market share during the forecast period, due to the massive application of personality assessment solutions for training, development, and recruitment. North America is a hub for the latest technologies and innovations. The major US companies opted to incorporate personality testing into their hiring processes. The United States held the dominant position in the market and is anticipated to continue its dominance during the forecast period. This is mainly owing to the presence of well-established and technologically developed players in the region. The rise in the number of job seekers owing to COVID-19 has increased the adoption of personality assessment solutions in the United States, where organizations are looking for solutions that will make their recruitment process more effective and efficient.

The Asia-Pacific personality assessment solutions market is anticipated to increase at a healthy pace during the forecast period. Asia Pacific is expected to face the highest CAGR with major dominance of India, China, Japan, Australia, and Singapore throughout the forecast period. The governments of these economies are targeted at adopting digital tools to reach their citizens digitally. Asia-Pacific has emerging economies that focus on boosting digital businesses. Increased entries of technology, raised pressure to improve digital skills to take advantage of the latest opportunities, embrace more skilled jobs, introduce innovations in local or global markets, increase the requirement to boost skills, and have need to acquire digital skills to get the new job opportunities are some of the major factors turning the demand for personality assessment solutions in the APAC region.

Top Key Players Covered in Personality Assessment Solutions Market

Key Industry Developments in the Personality Assessment Solutions Market

  • In June 2021, Russell Reynolds Associates and Hogan Assessments declared a 5-year extension to their global partnership, which is developed to hasten the development of growing leaders and improve the success rate of executive appointments.
  • In March 2021, Sif Criteria declared that it acquired Australia-based Alcami Interactive, one of the most on-demand video interviewing platforms. Criteria will be providing its 4000+ customers with Alcami's video interviewing service by its platform.
  • In January 2021, Aon Plc has joined hands with Kaplan, an education supplier, to combine Aon's industry-leading talent assessment capabilities with Kaplan Performance Academy (KPA), a digital environment that hosts and coordinates custom-tailored learning, coaching, and assessments. This collaboration aims to provide clients with an end-to-end solution.

COVID-19 Impact on the Personality Assessment Solutions Market

The COVID-19 CRISI has changed the way people work, forcing human resources professionals to shift to AI-powered solutions that support a more adaptive, flexible, and fluid workforce. As per the PwC Survey 2021, about 24% of companies are currently using AI for recruiting and over 56% of companies are anticipated to consider adopting AI in the next few years. Executing AI in assessment automates administrative tasks and overcome hassle for HR decision-makers. For candidates, AI in assessment means they can respond to assessment tools more naturally. This factor is believed to positively turn the market and supply significant opportunities in the personality assessment solutions market. Furthermore, the virtual model of recruitment is here to stay. There was a sprint toward new-age technology-aided recruitment/HR tools in mid-2020, amidst the COVID-19 pandemic. New-age recruitment tools will continue to be purchased extensively and growingly in the future. North America is one of the most critical regions for the Personality Assessment Solution Market in terms of the incorporation and growth of the latest technologies owing to beneficial government policies to improve innovation, the presence of a substantial industrial base, and high purchasing power, especially in economies such as the US and Canada.

Global Personality Assessment Solutions Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 7.3 Bn.

Forecast Period 2022-28 CAGR:

13.4%

Market Size in 2028:

USD 17.60 Bn.

Segments Covered:

By Type

  • In-House
  • Outsourced

By Channel Provider

  • Chatbots & Assistants
  • Accessibility
  • Digital Game
  • Interactive learning

By Offering

  • Synchronous
  • Asynchronous

By Industry Vertical

  • BFSI
  • Healthcare & Life Sciences
  • Media & Entertainment
  • Telecommunications & IT
  • Government & Public Sector
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Rising Adoption of Personality Assessment Solutions for Recruitment Process

Key Market Restraints:

  • Issues Related to Personality Assessment Solutions

Key Opportunities:

  • The Growing Digitization of The Education Sector

Companies Covered in the report:

  • SIGMA Assessment Systems Inc., Hogan Assessments, Criteria Corp., Gallup Inc., Development Dimensions International Inc., and other major players.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Channel Provider
 3.3 By Offering
 3.4 By Industry Vertical

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Personality Assessment Solutions Market by Type
 5.1 Personality Assessment Solutions Market Overview Snapshot and Growth Engine
 5.2 Personality Assessment Solutions Market Overview
 5.3 In-House
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 In-House: Grographic Segmentation
 5.4 Outsourced
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Outsourced: Grographic Segmentation

Chapter 6: Personality Assessment Solutions Market by Channel Provider
 6.1 Personality Assessment Solutions Market Overview Snapshot and Growth Engine
 6.2 Personality Assessment Solutions Market Overview
 6.3 Chatbots & Assistants
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Chatbots & Assistants: Grographic Segmentation
 6.4 Accessibility
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Accessibility: Grographic Segmentation
 6.5 Digital Game
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Digital Game: Grographic Segmentation
 6.6 Interactive Learning
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Interactive Learning: Grographic Segmentation

Chapter 7: Personality Assessment Solutions Market by Offering
 7.1 Personality Assessment Solutions Market Overview Snapshot and Growth Engine
 7.2 Personality Assessment Solutions Market Overview
 7.3 Synchronous
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Synchronous: Grographic Segmentation
 7.4 Asynchronous
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Asynchronous: Grographic Segmentation

Chapter 8: Personality Assessment Solutions Market by Industry Vertical
 8.1 Personality Assessment Solutions Market Overview Snapshot and Growth Engine
 8.2 Personality Assessment Solutions Market Overview
 8.3 BFSI
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size (2016-2028F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 BFSI: Grographic Segmentation
 8.4 Healthcare & Life Sciences
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size (2016-2028F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Healthcare & Life Sciences: Grographic Segmentation
 8.5 Media & Entertainment
  8.5.1 Introduction and Market Overview
  8.5.2 Historic and Forecasted Market Size (2016-2028F)
  8.5.3 Key Market Trends, Growth Factors and Opportunities
  8.5.4 Media & Entertainment: Grographic Segmentation
 8.6 Telecommunications & IT
  8.6.1 Introduction and Market Overview
  8.6.2 Historic and Forecasted Market Size (2016-2028F)
  8.6.3 Key Market Trends, Growth Factors and Opportunities
  8.6.4 Telecommunications & IT: Grographic Segmentation
 8.7 Government & Public Sector
  8.7.1 Introduction and Market Overview
  8.7.2 Historic and Forecasted Market Size (2016-2028F)
  8.7.3 Key Market Trends, Growth Factors and Opportunities
  8.7.4 Government & Public Sector: Grographic Segmentation
 8.8 Others
  8.8.1 Introduction and Market Overview
  8.8.2 Historic and Forecasted Market Size (2016-2028F)
  8.8.3 Key Market Trends, Growth Factors and Opportunities
  8.8.4 Others: Grographic Segmentation

Chapter 9: Company Profiles and Competitive Analysis
 9.1 Competitive Landscape
  9.1.1 Competitive Positioning
  9.1.2 Personality Assessment Solutions Sales and Market Share By Players
  9.1.3 Industry BCG Matrix
  9.1.4 Ansoff Matrix
  9.1.5 Personality Assessment Solutions Industry Concentration Ratio (CR5 and HHI)
  9.1.6 Top 5 Personality Assessment Solutions Players Market Share
  9.1.7 Mergers and Acquisitions
  9.1.8 Business Strategies By Top Players
 9.2 SIGMA ASSESSMENT SYSTEMS INC.
  9.2.1 Company Overview
  9.2.2 Key Executives
  9.2.3 Company Snapshot
  9.2.4 Operating Business Segments
  9.2.5 Product Portfolio
  9.2.6 Business Performance
  9.2.7 Key Strategic Moves and Recent Developments
  9.2.8 SWOT Analysis
 9.3 HOGAN ASSESSMENTS
 9.4 CRITERIA CORP.
 9.5 GALLUP INC.
 9.6 DEVELOPMENT DIMENSIONS INTERNATIONAL INC.
 9.7 PERSONA LABS
 9.8 SHL
 9.9 PARADOX INC.
 9.10 TTI SUCCESS INSIGHTS
 9.11 MIND GYM PLC
 9.12 AON PLC.
 9.13 MERCER LLC
 9.14 CRYSTAL PROJECT INC.
 9.15 EIGHTFOLD AI
 9.16 THOMAS INTERNATIONAL LTD
 9.17 THE MYERS & BRIGGS
 9.18 CULTURE INDEX
 9.19 THE PREDICTIVE INDEX
 9.20 FRANKLIN COVEY CO.
 9.21 TRAITIFY INC.
 9.22 OTHER MAJOR PLAYERS

Chapter 10: Global Personality Assessment Solutions Market Analysis, Insights and Forecast, 2016-2028
 10.1 Market Overview
 10.2 Historic and Forecasted Market Size By Type
  10.2.1 In-House
  10.2.2 Outsourced
 10.3 Historic and Forecasted Market Size By Channel Provider
  10.3.1 Chatbots & Assistants
  10.3.2 Accessibility
  10.3.3 Digital Game
  10.3.4 Interactive Learning
 10.4 Historic and Forecasted Market Size By Offering
  10.4.1 Synchronous
  10.4.2 Asynchronous
 10.5 Historic and Forecasted Market Size By Industry Vertical
  10.5.1 BFSI
  10.5.2 Healthcare & Life Sciences
  10.5.3 Media & Entertainment
  10.5.4 Telecommunications & IT
  10.5.5 Government & Public Sector
  10.5.6 Others

Chapter 11: North America Personality Assessment Solutions Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 In-House
  11.4.2 Outsourced
 11.5 Historic and Forecasted Market Size By Channel Provider
  11.5.1 Chatbots & Assistants
  11.5.2 Accessibility
  11.5.3 Digital Game
  11.5.4 Interactive Learning
 11.6 Historic and Forecasted Market Size By Offering
  11.6.1 Synchronous
  11.6.2 Asynchronous
 11.7 Historic and Forecasted Market Size By Industry Vertical
  11.7.1 BFSI
  11.7.2 Healthcare & Life Sciences
  11.7.3 Media & Entertainment
  11.7.4 Telecommunications & IT
  11.7.5 Government & Public Sector
  11.7.6 Others
 11.8 Historic and Forecast Market Size by Country
  11.8.1 U.S.
  11.8.2 Canada
  11.8.3 Mexico

Chapter 12: Europe Personality Assessment Solutions Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 In-House
  12.4.2 Outsourced
 12.5 Historic and Forecasted Market Size By Channel Provider
  12.5.1 Chatbots & Assistants
  12.5.2 Accessibility
  12.5.3 Digital Game
  12.5.4 Interactive Learning
 12.6 Historic and Forecasted Market Size By Offering
  12.6.1 Synchronous
  12.6.2 Asynchronous
 12.7 Historic and Forecasted Market Size By Industry Vertical
  12.7.1 BFSI
  12.7.2 Healthcare & Life Sciences
  12.7.3 Media & Entertainment
  12.7.4 Telecommunications & IT
  12.7.5 Government & Public Sector
  12.7.6 Others
 12.8 Historic and Forecast Market Size by Country
  12.8.1 Germany
  12.8.2 U.K.
  12.8.3 France
  12.8.4 Italy
  12.8.5 Russia
  12.8.6 Spain
  12.8.7 Rest of Europe

Chapter 13: Asia-Pacific Personality Assessment Solutions Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 In-House
  13.4.2 Outsourced
 13.5 Historic and Forecasted Market Size By Channel Provider
  13.5.1 Chatbots & Assistants
  13.5.2 Accessibility
  13.5.3 Digital Game
  13.5.4 Interactive Learning
 13.6 Historic and Forecasted Market Size By Offering
  13.6.1 Synchronous
  13.6.2 Asynchronous
 13.7 Historic and Forecasted Market Size By Industry Vertical
  13.7.1 BFSI
  13.7.2 Healthcare & Life Sciences
  13.7.3 Media & Entertainment
  13.7.4 Telecommunications & IT
  13.7.5 Government & Public Sector
  13.7.6 Others
 13.8 Historic and Forecast Market Size by Country
  13.8.1 China
  13.8.2 India
  13.8.3 Japan
  13.8.4 Singapore
  13.8.5 Australia
  13.8.6 New Zealand
  13.8.7 Rest of APAC

Chapter 14: Middle East & Africa Personality Assessment Solutions Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Type
  14.4.1 In-House
  14.4.2 Outsourced
 14.5 Historic and Forecasted Market Size By Channel Provider
  14.5.1 Chatbots & Assistants
  14.5.2 Accessibility
  14.5.3 Digital Game
  14.5.4 Interactive Learning
 14.6 Historic and Forecasted Market Size By Offering
  14.6.1 Synchronous
  14.6.2 Asynchronous
 14.7 Historic and Forecasted Market Size By Industry Vertical
  14.7.1 BFSI
  14.7.2 Healthcare & Life Sciences
  14.7.3 Media & Entertainment
  14.7.4 Telecommunications & IT
  14.7.5 Government & Public Sector
  14.7.6 Others
 14.8 Historic and Forecast Market Size by Country
  14.8.1 Turkey
  14.8.2 Saudi Arabia
  14.8.3 Iran
  14.8.4 UAE
  14.8.5 Africa
  14.8.6 Rest of MEA

Chapter 15: South America Personality Assessment Solutions Market Analysis, Insights and Forecast, 2016-2028
 15.1 Key Market Trends, Growth Factors and Opportunities
 15.2 Impact of Covid-19
 15.3 Key Players
 15.4 Key Market Trends, Growth Factors and Opportunities
 15.4 Historic and Forecasted Market Size By Type
  15.4.1 In-House
  15.4.2 Outsourced
 15.5 Historic and Forecasted Market Size By Channel Provider
  15.5.1 Chatbots & Assistants
  15.5.2 Accessibility
  15.5.3 Digital Game
  15.5.4 Interactive Learning
 15.6 Historic and Forecasted Market Size By Offering
  15.6.1 Synchronous
  15.6.2 Asynchronous
 15.7 Historic and Forecasted Market Size By Industry Vertical
  15.7.1 BFSI
  15.7.2 Healthcare & Life Sciences
  15.7.3 Media & Entertainment
  15.7.4 Telecommunications & IT
  15.7.5 Government & Public Sector
  15.7.6 Others
 15.8 Historic and Forecast Market Size by Country
  15.8.1 Brazil
  15.8.2 Argentina
  15.8.3 Rest of SA

Chapter 16 Investment Analysis

Chapter 17 Analyst Viewpoint and Conclusion

Global Personality Assessment Solutions Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 7.3 Bn.

Forecast Period 2022-28 CAGR:

13.4%

Market Size in 2028:

USD 17.60 Bn.

Segments Covered:

By Type

  • In-House
  • Outsourced

By Channel Provider

  • Chatbots & Assistants
  • Accessibility
  • Digital Game
  • Interactive learning

By Offering

  • Synchronous
  • Asynchronous

By Industry Vertical

  • BFSI
  • Healthcare & Life Sciences
  • Media & Entertainment
  • Telecommunications & IT
  • Government & Public Sector
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Rising Adoption of Personality Assessment Solutions for Recruitment Process

Key Market Restraints:

  • Issues Related to Personality Assessment Solutions

Key Opportunities:

  • The Growing Digitization of The Education Sector

Companies Covered in the report:

  • SIGMA Assessment Systems Inc., Hogan Assessments, Criteria Corp., Gallup Inc., Development Dimensions International Inc., and other major players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. PERSONALITY ASSESSMENT SOLUTIONS MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. PERSONALITY ASSESSMENT SOLUTIONS MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. PERSONALITY ASSESSMENT SOLUTIONS MARKET COMPETITIVE RIVALRY
TABLE 005. PERSONALITY ASSESSMENT SOLUTIONS MARKET THREAT OF NEW ENTRANTS
TABLE 006. PERSONALITY ASSESSMENT SOLUTIONS MARKET THREAT OF SUBSTITUTES
TABLE 007. PERSONALITY ASSESSMENT SOLUTIONS MARKET BY TYPE
TABLE 008. IN-HOUSE MARKET OVERVIEW (2016-2028)
TABLE 009. OUTSOURCED MARKET OVERVIEW (2016-2028)
TABLE 010. PERSONALITY ASSESSMENT SOLUTIONS MARKET BY CHANNEL PROVIDER
TABLE 011. CHATBOTS & ASSISTANTS MARKET OVERVIEW (2016-2028)
TABLE 012. ACCESSIBILITY MARKET OVERVIEW (2016-2028)
TABLE 013. DIGITAL GAME MARKET OVERVIEW (2016-2028)
TABLE 014. INTERACTIVE LEARNING MARKET OVERVIEW (2016-2028)
TABLE 015. PERSONALITY ASSESSMENT SOLUTIONS MARKET BY OFFERING
TABLE 016. SYNCHRONOUS MARKET OVERVIEW (2016-2028)
TABLE 017. ASYNCHRONOUS MARKET OVERVIEW (2016-2028)
TABLE 018. PERSONALITY ASSESSMENT SOLUTIONS MARKET BY INDUSTRY VERTICAL
TABLE 019. BFSI MARKET OVERVIEW (2016-2028)
TABLE 020. HEALTHCARE & LIFE SCIENCES MARKET OVERVIEW (2016-2028)
TABLE 021. MEDIA & ENTERTAINMENT MARKET OVERVIEW (2016-2028)
TABLE 022. TELECOMMUNICATIONS & IT MARKET OVERVIEW (2016-2028)
TABLE 023. GOVERNMENT & PUBLIC SECTOR MARKET OVERVIEW (2016-2028)
TABLE 024. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 025. NORTH AMERICA PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY TYPE (2016-2028)
TABLE 026. NORTH AMERICA PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY CHANNEL PROVIDER (2016-2028)
TABLE 027. NORTH AMERICA PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY OFFERING (2016-2028)
TABLE 028. NORTH AMERICA PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY INDUSTRY VERTICAL (2016-2028)
TABLE 029. N PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY COUNTRY (2016-2028)
TABLE 030. EUROPE PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY TYPE (2016-2028)
TABLE 031. EUROPE PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY CHANNEL PROVIDER (2016-2028)
TABLE 032. EUROPE PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY OFFERING (2016-2028)
TABLE 033. EUROPE PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY INDUSTRY VERTICAL (2016-2028)
TABLE 034. PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY COUNTRY (2016-2028)
TABLE 035. ASIA PACIFIC PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY TYPE (2016-2028)
TABLE 036. ASIA PACIFIC PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY CHANNEL PROVIDER (2016-2028)
TABLE 037. ASIA PACIFIC PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY OFFERING (2016-2028)
TABLE 038. ASIA PACIFIC PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY INDUSTRY VERTICAL (2016-2028)
TABLE 039. PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY COUNTRY (2016-2028)
TABLE 040. MIDDLE EAST & AFRICA PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY TYPE (2016-2028)
TABLE 041. MIDDLE EAST & AFRICA PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY CHANNEL PROVIDER (2016-2028)
TABLE 042. MIDDLE EAST & AFRICA PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY OFFERING (2016-2028)
TABLE 043. MIDDLE EAST & AFRICA PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY INDUSTRY VERTICAL (2016-2028)
TABLE 044. PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY COUNTRY (2016-2028)
TABLE 045. SOUTH AMERICA PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY TYPE (2016-2028)
TABLE 046. SOUTH AMERICA PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY CHANNEL PROVIDER (2016-2028)
TABLE 047. SOUTH AMERICA PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY OFFERING (2016-2028)
TABLE 048. SOUTH AMERICA PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY INDUSTRY VERTICAL (2016-2028)
TABLE 049. PERSONALITY ASSESSMENT SOLUTIONS MARKET, BY COUNTRY (2016-2028)
TABLE 050. SIGMA ASSESSMENT SYSTEMS INC.: SNAPSHOT
TABLE 051. SIGMA ASSESSMENT SYSTEMS INC.: BUSINESS PERFORMANCE
TABLE 052. SIGMA ASSESSMENT SYSTEMS INC.: PRODUCT PORTFOLIO
TABLE 053. SIGMA ASSESSMENT SYSTEMS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. HOGAN ASSESSMENTS: SNAPSHOT
TABLE 054. HOGAN ASSESSMENTS: BUSINESS PERFORMANCE
TABLE 055. HOGAN ASSESSMENTS: PRODUCT PORTFOLIO
TABLE 056. HOGAN ASSESSMENTS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. CRITERIA CORP.: SNAPSHOT
TABLE 057. CRITERIA CORP.: BUSINESS PERFORMANCE
TABLE 058. CRITERIA CORP.: PRODUCT PORTFOLIO
TABLE 059. CRITERIA CORP.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. GALLUP INC.: SNAPSHOT
TABLE 060. GALLUP INC.: BUSINESS PERFORMANCE
TABLE 061. GALLUP INC.: PRODUCT PORTFOLIO
TABLE 062. GALLUP INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. DEVELOPMENT DIMENSIONS INTERNATIONAL INC.: SNAPSHOT
TABLE 063. DEVELOPMENT DIMENSIONS INTERNATIONAL INC.: BUSINESS PERFORMANCE
TABLE 064. DEVELOPMENT DIMENSIONS INTERNATIONAL INC.: PRODUCT PORTFOLIO
TABLE 065. DEVELOPMENT DIMENSIONS INTERNATIONAL INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. PERSONA LABS: SNAPSHOT
TABLE 066. PERSONA LABS: BUSINESS PERFORMANCE
TABLE 067. PERSONA LABS: PRODUCT PORTFOLIO
TABLE 068. PERSONA LABS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. SHL: SNAPSHOT
TABLE 069. SHL: BUSINESS PERFORMANCE
TABLE 070. SHL: PRODUCT PORTFOLIO
TABLE 071. SHL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. PARADOX INC.: SNAPSHOT
TABLE 072. PARADOX INC.: BUSINESS PERFORMANCE
TABLE 073. PARADOX INC.: PRODUCT PORTFOLIO
TABLE 074. PARADOX INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. TTI SUCCESS INSIGHTS: SNAPSHOT
TABLE 075. TTI SUCCESS INSIGHTS: BUSINESS PERFORMANCE
TABLE 076. TTI SUCCESS INSIGHTS: PRODUCT PORTFOLIO
TABLE 077. TTI SUCCESS INSIGHTS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 077. MIND GYM PLC: SNAPSHOT
TABLE 078. MIND GYM PLC: BUSINESS PERFORMANCE
TABLE 079. MIND GYM PLC: PRODUCT PORTFOLIO
TABLE 080. MIND GYM PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 080. AON PLC.: SNAPSHOT
TABLE 081. AON PLC.: BUSINESS PERFORMANCE
TABLE 082. AON PLC.: PRODUCT PORTFOLIO
TABLE 083. AON PLC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 083. MERCER LLC: SNAPSHOT
TABLE 084. MERCER LLC: BUSINESS PERFORMANCE
TABLE 085. MERCER LLC: PRODUCT PORTFOLIO
TABLE 086. MERCER LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 086. CRYSTAL PROJECT INC.: SNAPSHOT
TABLE 087. CRYSTAL PROJECT INC.: BUSINESS PERFORMANCE
TABLE 088. CRYSTAL PROJECT INC.: PRODUCT PORTFOLIO
TABLE 089. CRYSTAL PROJECT INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 089. EIGHTFOLD AI: SNAPSHOT
TABLE 090. EIGHTFOLD AI: BUSINESS PERFORMANCE
TABLE 091. EIGHTFOLD AI: PRODUCT PORTFOLIO
TABLE 092. EIGHTFOLD AI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 092. THOMAS INTERNATIONAL LTD: SNAPSHOT
TABLE 093. THOMAS INTERNATIONAL LTD: BUSINESS PERFORMANCE
TABLE 094. THOMAS INTERNATIONAL LTD: PRODUCT PORTFOLIO
TABLE 095. THOMAS INTERNATIONAL LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 095. THE MYERS & BRIGGS: SNAPSHOT
TABLE 096. THE MYERS & BRIGGS: BUSINESS PERFORMANCE
TABLE 097. THE MYERS & BRIGGS: PRODUCT PORTFOLIO
TABLE 098. THE MYERS & BRIGGS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 098. CULTURE INDEX: SNAPSHOT
TABLE 099. CULTURE INDEX: BUSINESS PERFORMANCE
TABLE 100. CULTURE INDEX: PRODUCT PORTFOLIO
TABLE 101. CULTURE INDEX: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 101. THE PREDICTIVE INDEX: SNAPSHOT
TABLE 102. THE PREDICTIVE INDEX: BUSINESS PERFORMANCE
TABLE 103. THE PREDICTIVE INDEX: PRODUCT PORTFOLIO
TABLE 104. THE PREDICTIVE INDEX: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 104. FRANKLIN COVEY CO.: SNAPSHOT
TABLE 105. FRANKLIN COVEY CO.: BUSINESS PERFORMANCE
TABLE 106. FRANKLIN COVEY CO.: PRODUCT PORTFOLIO
TABLE 107. FRANKLIN COVEY CO.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 107. TRAITIFY INC.: SNAPSHOT
TABLE 108. TRAITIFY INC.: BUSINESS PERFORMANCE
TABLE 109. TRAITIFY INC.: PRODUCT PORTFOLIO
TABLE 110. TRAITIFY INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 110. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 111. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 112. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 113. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. PERSONALITY ASSESSMENT SOLUTIONS MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. PERSONALITY ASSESSMENT SOLUTIONS MARKET OVERVIEW BY TYPE
FIGURE 012. IN-HOUSE MARKET OVERVIEW (2016-2028)
FIGURE 013. OUTSOURCED MARKET OVERVIEW (2016-2028)
FIGURE 014. PERSONALITY ASSESSMENT SOLUTIONS MARKET OVERVIEW BY CHANNEL PROVIDER
FIGURE 015. CHATBOTS & ASSISTANTS MARKET OVERVIEW (2016-2028)
FIGURE 016. ACCESSIBILITY MARKET OVERVIEW (2016-2028)
FIGURE 017. DIGITAL GAME MARKET OVERVIEW (2016-2028)
FIGURE 018. INTERACTIVE LEARNING MARKET OVERVIEW (2016-2028)
FIGURE 019. PERSONALITY ASSESSMENT SOLUTIONS MARKET OVERVIEW BY OFFERING
FIGURE 020. SYNCHRONOUS MARKET OVERVIEW (2016-2028)
FIGURE 021. ASYNCHRONOUS MARKET OVERVIEW (2016-2028)
FIGURE 022. PERSONALITY ASSESSMENT SOLUTIONS MARKET OVERVIEW BY INDUSTRY VERTICAL
FIGURE 023. BFSI MARKET OVERVIEW (2016-2028)
FIGURE 024. HEALTHCARE & LIFE SCIENCES MARKET OVERVIEW (2016-2028)
FIGURE 025. MEDIA & ENTERTAINMENT MARKET OVERVIEW (2016-2028)
FIGURE 026. TELECOMMUNICATIONS & IT MARKET OVERVIEW (2016-2028)
FIGURE 027. GOVERNMENT & PUBLIC SECTOR MARKET OVERVIEW (2016-2028)
FIGURE 028. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 029. NORTH AMERICA PERSONALITY ASSESSMENT SOLUTIONS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. EUROPE PERSONALITY ASSESSMENT SOLUTIONS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. ASIA PACIFIC PERSONALITY ASSESSMENT SOLUTIONS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 032. MIDDLE EAST & AFRICA PERSONALITY ASSESSMENT SOLUTIONS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 033. SOUTH AMERICA PERSONALITY ASSESSMENT SOLUTIONS MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Personality Assessment Solutions Market research report?

The forecast period in the Personality Assessment Solutions Market research report is 2022-2028.

Who are the key players in Personality Assessment Solutions Market?

SIGMA Assessment Systems Inc., Hogan Assessments, Criteria Corp., Gallup, Inc., Development Dimensions International, Inc., Persona Labs, SHL, Paradox, Inc., TTI Success Insights, Mind Gym plc, Aon plc., Mercer LLC, Crystal Project Inc., Eightfold AI, Thomas International Ltd, The Myers & Briggs, Culture Index, The Predictive Index, Franklin Covey Co., Traitify, Inc., and other major players.

What are the segments of the Personality Assessment Solutions Market?

The Personality Assessment Solutions Market is segmented into Type, Channel Provider, Offering, Industry Verticals, and region. By Type, the market is categorized into In-House, Outsourced. By Channel Provider the market is categorized into Chatbots & Assistants, Accessibility, Digital Game, and Interactive learning. By Offering the market is categorized into Synchronous, Asynchronous. By Industry Verticals the market is categorized into BFSI, Healthcare & Life Sciences, Media & Entertainment, Telecommunications & IT, Government & Public Sector, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Personality Assessment Solutions Market?

Personality Assessment Solutions is the ability to have someone’s voice recorded synthetically. It allows the user to generate their own version of voice in the computer’s version. It just needs a few audio samples to synthesize the voice of an individual. Organizations are now focusing on enhancing the relationships with the customer by creating new pleasant or familiar Personality Assessment Solutions.

How big is the Personality Assessment Solutions Market?

The Global Personality Assessment Solutions market was valued at USD 7.3 billion in 2021 and is expected to reach USD 17.60 billion by the year 2028, at a CAGR of 13.4%.