Eduventures, a Boston-based research firm, estimates that the revenue testing vendors could garner from state assessments will grow to $810 million by 2006. Data include for-profit and nonprofit revenues.
NOTE: 2003-2006 compound annual growth rate: 12.3%
Nine companies make up approximately 87 percent of the segment:
|• Harcourt Assessment|
|• Pearson Assessment|
|• Riverside Publishing (Houghton Mifflin)|
|• Measured Progress|
|• Northwest Evaluation Association|
|• Touchstone Applied Science Associates|
|• Measurement Inc.|
SOURCE: Eduventures, 2004
Those Who Have
CTB/McGraw-Hill is the primary contractor for the most state tests within the K-8 range, while Pearson has the most contracts for tests within the 9-12 range. CTB/McGraw-Hill also has the most contracts for tests that span the K-12 range. Data were current as of August.
SOURCE: Education Week Research Center, 2004
A version of this article appeared in the December 01, 2004 edition of Education Week as A Bull Market