What is Online Exam Proctoring Market Scope?
The global Online Exam Proctoring market is expected to witness high demand in the forecasted period due to the ongoing COVID 19 pandemic and which is significantly affected by the increasing demand for online learning. Online proctoring also known as remote invigilation. E-learning is the future of learning. In Online Exam Proctoring or Online Video Test Proctoring, a candidate is monitored online during the test duration typically with the help of a webcam, mic, and access to the screen of the candidate. It’s projected that by 2025, the global e-learning market will reach USD 325 billion USD. The rapid growth of the e-learning industry has created needs for various supporting technologies.
The Online Exam Proctoring market study is being classified by Type (Advanced Automated Proctoring, Recorded Proctoring and Live Online Proctoring), by Application (Universities, Companies, Certification Programs, Government and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Players from United States will contribute to the maximum growth of Global Online Exam Proctoring market throughout the predicted period.
Examity (United States), ProctorU (United States), Mercer-Mettl (United States), Comprobo (United Kingdom), Inspera (United States), Kryterion (United States), ProctorTrack (United States), Gauge Online (United States), PSI Online (United States) and Talview (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are ProctorEdu (United States), ProctorExam (Netherlands), Pearson Vue (United States), Prometric (United States), Smarter Services (United States), SMOWL (United States), Verificient (India), TestReach (Ireland) and AIProctor (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Online Exam Proctoring market by Type, Application and Region.
On the basis of geography, the market of Online Exam Proctoring has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Influencing Market Trend
- The high adoption due to the ongoing COVID 19 pandemic which creat the increasing online learning
- The upsurging demand from Universities
Market Drivers
- Increasing awareness regarding e-learning
- The growing penetration of the internet and smartphones
Opportunities
- The technological advancement in the Online Exam Proctoring such as Facial recognition with sound and background noise detection
Restraints
- The concern related to expensive commercial proctoring services
Challenges
- The dearth of Skilled Trainers and Instructors
Key Target Audience
Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
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