Online Exam Proctoring Market to See Huge Demand by 2030: Examity, PSI Services, ProctorU
According to HTF Market Intelligence, the Global Online Exam Proctoring market to witness a CAGR of 12.32% during forecast period of 2023-2028. The market is segmented by Application (Education, Certification/Licensure, Corporate, Other) by Type (Live Online Proctoring, Advanced Automated Proctoring, Recorded Proctoring) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Online Exam Proctoring market size is estimated to increase by USD 591.4 Million at a CAGR of 12.32% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, the market value is pegged at USD 586.6 Million
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Online Exam Proctoring Market Overview
Online exam proctoring is a digital technology-enabled process that allows educational institutions, training organizations, and other entities to remotely monitor and authenticate online exams. The process involves using software that enables a proctor, usually an individual or an AI algorithm, to monitor test-takers while they take the exam to ensure that they adhere to the rules and guidelines set by the examiners.
Online Exam Proctoring Market - Key Segment Analysis
The market share growth by the Live Online Proctoring segment will be significant during the forecast period. The segment is driven by the rise of online education and remote learning, there is a growing need for reliable and secure online exam proctoring solutions to ensure that exams are taken in a fair and secure manner.
Online Exam Proctoring Market - Competition Analysis
The global Online Exam Proctoring market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are Examity, PSI Services, ProctorU , ExamSoft , Comprobo , Mercer-Mettl , ProctorTrack (Verificient) , Inspera , Kryterion , Prometric , Respondus , Smarter Services , Honorlock , Proctorio , ProctorExam , Pearson Vue , ProctorFree , SMOWL , TestReach , Questionmark , Televic Education , RK Infotech , Mobo (Beijing) Technology Co., Ltd.
Online Exam Proctoring Market - Geographical Outlook
Asia Pacific will provide maximum growth opportunities in Online Exam Proctoring market. According to our research, the region will account for 32.13% of the global market growth during the forecast period. The market in Asia Pacific is driven by rise of online education and remote learning, there is a growing need for reliable and secure online exam proctoring solutions to ensure that exams are taken in a fair and secure manner.
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What key data is demonstrated in this Online Exam Proctoring market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the Online Exam Proctoring market between 2023 and 2028
Precise estimation of the size of the Online Exam Proctoring market and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behaviour
Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa; further broken down by major country within region.
Thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of Online Exam Proctoring market players
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Some Extracts from Table of Content
- Overview of Online Exam Proctoring Market
- Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
- Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry
- Online Exam Proctoring Size (USD & Sales Volume) Comparison by Type (2017-2028)
- Online Exam Proctoring Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)
- Online Exam Proctoring Size (Value & Volume) Comparison by Region (2017-2028)
- Market Capacity, Production, Export-Import by Region (2017-2022E)
- Online Exam Proctoring Market Sales, Revenue and Growth Rate (2017-2028)
- Competitive Situation and Trends
- Market Positioning and Share Analysis (2020-2022E)
- Suppliers High-Performance Operational Base Distribution
- Analyse competitors, Profiles, Sales Area, Product Category
- Online Exam Proctoring Cost Analysis
- Marketing Strategy Analysis
- Research Conclusions
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