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Online Exam Proctoring Market Report Overview
The global online exam proctoring market size was USD 0.470 billion in 2023 & the market is expected to reach USD 1.91 billion in 2032, exhibiting a CAGR of 16.83% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with the online exam proctoring market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
The online exam proctoring software is developed to monitor the online examination remotely. The proctoring systems invigilate students’ desktop, activity throughout the examination to detect academic dishonesty. The proctoring software supervises online exams through a webcam video and microphone audio.
In the past few years, the trend of online examination growing around the world due to its hybrid technology and fraud-free reliability on proctors. Also, universities and institutions are conducting online examinations which helps students to take examinations sitting anywhere. Whereas, teachers can invigilate the examination with the assistance of proctors. This is two-way communication between the candidate and the invigilator. The proctors ensure no violation occurs during the exam and students get engaged in the test.
COVID-19 Impact: Lockdown Restrictions Magnify the Opportunity for Online Exam Proctors During the Pandemic
The COVID-19 pandemic surges the demand for online exam proctoring systems. It has brought a positive impact on the entire education sector. Since the international lockdown has paused various industries including schools, universities, and educational institutions and conventional examination methods have been disrupted. Resulted, the trend of virtual meetings, classes, and examinations has gained traction all over the world. Which caused some challenges as well, such as deceitful activity during the virtual or online exams. Therefore, to curb academic violation, it surges the demand for online exam proctoring systems which spur the demand for such systems and is anticipated to grow rapidly in coming years.
Latest Trends
"Current Trend of Digital Education, AI Technology in the Education Sector Creating Scope for the Market"
One of the major players in the market, Talview, introduced the Talview Proview Live Proctoring platform in August 2020. In order to prevent cheating, the inclusive platform combines artificial intelligence-enabled automatic proctoring technology with active human monitoring and intervention. Furthermore, recently, Proctortrack software was released and is now the only automated online remote proctoring solution that continually verifies the identity of test takers. Also, it detects and prevents academic misconduct. Besides, another online proctoring has recently been launched by On VUE, so anyone can complete his certification exam at home or in the office. The process involves a simple check-in, ID verification, face-matching technology, and a live greeter so you can test from the comfort of your own home.
Online Exam Proctoring Market Segmentation
- By Type Analysis
According to type, the market can be segmented into Advanced Automated Proctoring, Recorded Proctoring, Live Online Proctoring.
- By Application Analysis
Based on application, the market can be divided into Certification/Licensure, Corporate, and Others.
Driving Factors
"Escalation of Digital learning and E-learning programs Augment the Market Growth"
Digital learning is a creative and advanced method of education. It has enhanced education quality and traditional methods of learning. In 2020, educational institutions were closed due to the pandemic, then the student could attend their classes just because of the digital or E-learning platforms that aid them to carry on their academic education. Through the online proctor system, invigilators are able to conduct online exams successfully. As well as, the extensive advantages of digital education, drive the online exam proctoring market growth.
"Increased demand for online proctoring from academic institutions to Lift the Market Development"
The online proctoring market booming due to advanced technology. Assessments are becoming more credible with the use of technology that monitors candidates from remote areas. As a result of innovations in e-learning and constantly developing technologies, students are being retrained and equipped with new skills for the workplace which lift the demand for online exam proctoring by institutions. In order to administer online remote proctoring, a computer and a high-speed Internet connection are required. Invigilators are able to extend their reach across geographies with the help of technology and employ unconventional invigilation methods to clamp down on unfair activities. These factors will drive market growth in the near future.
Restraining Factors
"Online Exam Proctoring is costly for Institutions"
the online exam proctoring market can be restricted due to its drawbacks. The main restrain of the market is the compulsion of availability of an invigilator at every session, and the cost of it could be costly for academies. A large number of students are invigilated by a single proctor during exam time. Consequently, it can distract the proctors which may affect the accuracy of the proctoring system. As a result, the probability of academic dishonesty is increased.
Online Exam Proctoring Market Regional Insights
"Presence of Higher Educational Universities & Institutions in North America Expand the Market "
In terms of regional insights, North America is the leading region in the online exam proctoring market in terms of revenue from 2017, and it is estimated that the region will dominate the market over the forecast period as well. Owing to the existence of the major and eminent universities and institutions in the U.S. and Canada that accept and allow E-learning platforms. After 2020, the market has strengthened in the region. Further, Asia pacific will be the fastest-growing region after North America as per the forecast. Due to the development of the nation in the continent and the adoption of the latest technology to reinforce economic growth including the education sector, the market will witness exponential growth in the near future.
Key Industry Players
"To Increase Market Share Key players "
With the expansion of the online exam proctoring market, the industry is going to be highly competitive with the existence of key players in the market. The major companies’ emphasis on revamping their services and market position. Along with this, they improve strategies according to growing trends frequently. The enlarging product portfolio, technology innovation, acquisition, mergers, and partnerships to gain the largest market shares are the essence of their strategies. The market’s top companies such as TestReach, ProctorU, ExamSoft, Proctorio, and Verificient bear the online exam proctoring market shares during the forecast period.
LIST OF TOP ONLINE EXAM PROCTORING COMPANIES
- TestReach
- ProctorU
- ExamSoft
- Proctorio
- Verificient
- Examity
- Comprobo
- Questionmark
- Respondus
- Inspera
- ProctorFree
- ProctorExam
- Honorlock
- PSI Services
- Mercer-Mettl
- Kryterion
- Pearson Vue
- Smarter Services
- Prometric
- SMOWL
Report Coverage
This report concentrates on the online exam proctoring market. It describes the market value, expected CAGR, and USD value over the forecast period. The COVID-19 impact on the market at the beginning of the pandemic and the post- pandemic effects on international market restrictions and how the industry is going to turn the corner are also stated in the report. The report provides significant market data with its product type and product applications, end-use details, and an idea of the market growth in the future. This report also provides an understanding of the growing market trends and developments and their effects on the market growth, driving factors along with restraining factors which impact the market dynamics, along with this, leading region, key players of the market and their tactics to beat the market competition, to maintain market position, and their share value are also covered in the report.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 0.47 Billion in 2023 |
Market Size Value By |
US$ 1.91 Billion by 2032 |
Growth Rate |
CAGR of 16.83% from 2023 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
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What value is the global online exam proctoring market expected to touch by 2032?
The global online exam proctoring market is expected to touch USD 1.91 billion in 2032.
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What CAGR is the online exam proctoring market expected to exhibit during 2023-2032?
The online exam proctoring market is expected to exhibit a CAGR of 16.83% over 2023-2032.
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Which are the driving factors of the online exam proctoring market?
Growing adoption of digital education method and artificial intelligence are the driving factors of the online exam proctoring market.
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Which are the top companies operating in the online exam proctoring market?
Mitsubishi Hitachi Power Systems, Toshiba Corporation, Bloom Energy Corporation, SFC Energy AG and Siemens AG are the top companies operating in the online exam proctoring market.