The market for cognitive assessment and training is anticipated to reach US$ 1.4 billion in 2022 and US$ 3.7 billion by 2028, growing rapidly at a CAGR of 17.4%.

A study named "Cognitive Assessment and Training Market - Global Industry Analysis 2013-2021 and Opportunity Assessment 2022-2028" was just released by Future Market Insights. (FMI). The mental process of learning through experience and perception is referred to as cognitive evaluation and training.

These cognitive screening procedures are also used to determine who would benefit from further testing. In order to determine a candidate's aptitude and fit for the position at hand as well as to forecast his or her future performance, organisations today frequently use these tests as a part of the hiring process.

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Cognitive Assessment and Training Market: Overview & Analysis

These elements also support the prediction that the software sub-segment would have a 70.2% market share by the end of 2018. Additionally, it is anticipated that during the projection period, the services sector would generate significant growth possibilities for the providers of cognitive diagnostic and training solutions.

The global market for cognitive training and assessment is divided into two types: personal computers and mobile and tablet devices (PC). During the forecast timeframe, the mobile & tablet sub-segment is expected to increase by double digits. In 2017, this market segment maintained a 61.8% market share.

The demand for premium telephones has grown as a result of rising middle class incomes. As a result, it is anticipated that the mobile & tablet sub-segment would open up new business opportunities for the majority of developed and emerging nations' providers of cognitive evaluation and training.

It has been noted that India and China have had double-digit growth in recent years for local smartphone manufacture. These factors are also driving up demand in China and India for mobile and tablet-based cognitive training and assessment solutions.

Key Segments of Cognitive Assessment and Training Industry Research

Cognitive Assessment and Training Market by Component:

• Cognitive Assessment and Training Software
• Cognitive Assessment and Training Services
• Cognitive Assessment and Training
• Cognitive Assessment and Consulting
• Cognitive Assessment and Training Support & Maintenance

Cognitive Assessment and Training Market by Type:

• Personal Computers (PCs)
• Mobiles & Tablets

Cognitive Assessment and Training Market by End User:

• Cognitive Assessment and Training for Healthcare
• Cognitive Assessment and Training for Research Organizations
• Cognitive Assessment and Training for Education
• Others

Cognitive Assessment and Training Market by Region:

• North America Cognitive Assessment and Training Market
• Latin America Cognitive Assessment and Training Market
• Europe Cognitive Assessment and Training Market
• East Asia Cognitive Assessment and Training Market