Online Exams Proctoring Market size was valued at $709.74 million in 2023, and is projected to reach $2561.2 million by 2030, registering a CAGR of 17.5% from 2023 to 2030.
Exam conducting, additionally referred to as online video test testing, is the process of employing a webcam, microphone, and screen access to watch a candidate during an online exam. Testing generally comes in three kinds: advanced automated proctoring, recorded proctoring, and live online proctoring. During the projection period, factors that will drive the growth of the online test proctoring market include the rise in demand for e-learning platforms, the decline in the high prices of proctored assessment centers, and the reduction in the time and money invested by learners. Ensuring the validity and reliability of an exam and its outcome requires proctoring. Online exam proctoring is in high demand due to the proliferation of online exams and evaluations.
Online exams are becoming increasingly common worldwide because of their hybrid technology and proctors' zero fraud record. Online exams are offered by universities and other organizations, allowing students to take them from any location. Proctors can help teachers administer the test. The candidate and the assessor are communicating in both directions during this exchange. The proctors make sure there are no infractions throughout the test and that the students participate actively.
Tests given remotely with a proctor are both affordable and easy to utilize. Students no longer need to take exams in person and wait months to receive their results; instead, they can administer exams online and view the results in a matter of minutes. Candidates are allowed to select the location and time of their exam. Academic institutions offer an exam window during which applicants can log in and complete the test in the allocated amount of time. Exams done at home can increase productivity and the probability of passing since they raise morale. Online exam proctoring markets are expected to develop throughout the projected period as a result of students' recent technological advancements and preference for online exams over pen and paper exams.
Online exam proctoring methods save time and money compared to pen-and-paper evaluation tests. Digitizing exam papers and results, and enabling candidates to give exams according to their convenience and in a variety of locations eliminates in-person invigilation and the requirement of exam halls. Growing universities adopting online proctored examinations have provided market players with large-scale opportunities to provide solutions for online exam monitoring.
Global Online Exams Proctoring Market, Segmentation
The Online Exams Proctoring Market is segmented based on type, End User, and region.
Type:
Live online proctoring, AI-based proctoring, and record and review proctoring are the three categories of online exam proctoring. To features including environment security checks, multi-factor authentication verification, and exam launch, the live proctoring approach is expected to dominate the market over the projection period.
The live proctoring method involves using a human proctor to oversee or invigilate the exam online in real-time. The human proctors are trained experts that verify the authenticity of the candidate and search for any irregularities like strange eye or facial movements or the appearance of any unconfirmed object that might point to cheating. The availability of a human invigilator on the specified test day and time is the primary prerequisite for this proctoring.
End User:
Higher education institutions are the ones that use online exam proctoring techniques the most. A number of businesses have begun evaluating their workforces through online exam proctoring techniques. Governments in both developed and developing nations administer a number of exams linked to the army and civil services via online exam proctoring techniques.
Region:
North America is anticipated to lead the market for online exam proctoring sales. The North American region will dominate the region over the projection period because of the significant investments made in improving proctoring techniques and eradicating malpractices in nations like the US and Canada.
the course of the forecast, the European region is expected to have good growth due to advancements in technology and the presence of major universities that are continuously creating technologies for online exam proctoring methods. Asia-Pacific is the region that purchases online proctoring technology at the highest rate due to the enormous number of people involved in educational activities.
Some of The Leading/Active Market Players Are-
- ProctorU (U.S)
- ExamSoft (U.S)
- Kryterion (U.S)
- Prometric (U.S)
- ProctorTrack (Verificient)(U.S)
- Examity (Newton)
- PSI Services (England)
- Comprobo (UK)
- Mercer-Mettl (India)
- Inspera (Norway)and Other Active Players
Key Industry Developments
- In June 2022, Meazure Inc announced the acquisition of Scantron's Certification and Licensure Business. The acquisition consists of Scantron's Certification and Licensure Business's test center network, related assessment software, psychometrics, exam development, and client services and solutions. Through this acquisition, Meazure stated that Meazure Learning will broaden their offering for professional certification and licensure testing, and it aims for continued growth by augmenting remote proctoring with a scaled global test center network and expanded exam development services.
- In April 2021, Honorlock announced that it has accumulated $25 million in its new round of funding. Honorlock uses human intelligence and artificial intelligence to provide a trouble-free remote testing experience to students. Prestigious institutions such as the University of Maryland, University of Florida, and Georgia Tech are some institutions among 300 institutions that use Honorlock for exam proctoring.
Key Findings of the Study
- The global Online Exams Proctoring Market is forecasted to grow at a CAGR of 16.3% from 2023 to 2030, fueled by increasing demand for e-learning platforms and online exams.
- Live online proctoring is expected to be the primary method, providing real-time oversight and authentication verification during exams.
- North America is the frontrunner in the market, driven by substantial investments, followed by Europe with technological advancements, and Asia-Pacific with high adoption rates due to its large educational population.
