Owing to benefits such as real-time intervention by the proctor in case of a dishonest means being attempted while taking the exams as well as the addition of a human touch to both students and the proctors, the global proctoring solutions for online exams market is experiencing a surge in its demand lately.
The need for protecting IP assets from being duplicated, and pirated and also to monetize these assets has been one of the major drivers of demand in this market. These factors have further propelled the demand for proctoring solutions for online exams thus, increasing the dependence on this market.
Rapid end-use applications in schools and colleges, businesses, universities, government purposes, and the like are fostering remarkable progress in the global proctoring solutions for the online exams market. The market consistently undergoes a series of developments to provide better services. The proctoring solutions for the online exams market provide two-way flexibility, that is, to the learners and the education providers.
Advantages such as being flexible along with providing a robust functionality that assists in the completion of a course virtually along with aiding the students to stay engaged with the classes are encouraging further adoption of the global proctoring solutions for the online exams market in the long run.
They are a convenient option for learners because they are easy to access along with being cost-effective.
Considering these factors, it is reasonable to say that the proctoring solutions for the online exams market are growing at an appreciable compound annual growth rate (CAGR) of 16.2%. It is expected that the market might acquire a size of USD 2.82 billion during the forecast period, that is, 2021-31.
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Proctoring solutions for online exams or online exam proctoring solutions assist in observing a candidate (or a student) during an online test with the help of a web camera and a microphone along with access to the screen of the candidate’s device.
The significant rise in learning through e-learning platforms accompanied by a reduced expenditure in the assessment centers push the growth of the proctoring solutions for online exams market upwards. Proctoring is considered very essential because it ensures the authenticity and credibility of an exam while it is conducted. It is crucial for delivering fair results.
However, there are several limitations that are linked to the global proctoring solutions for the online exams market. There is a requirement for the proctor to be present at every instance of the exams and in the case of a single proctor, the attention gets divided among various students. In case he gets distracted, it might lead to students attempting dishonest methods to get through their assessment. Despite all these restraints, the market is expected to experience a considerable rate of growth with new additions and developments that might take place in the market during the forecast period, that is, 2021-31.
The key players in the global proctoring solutions for online exams market are Talview Inc., Comprobo, PSI Services LLC, Examity Inc., Meazure Inc., Honorlock Inc., Proctortrack, Mettl, and Inspera AS among others. These players operate in the market and adopt several strategies to stay in the market and establish themselves at a higher position than their competitors.
Segment Analysis
Integrated Solutions Type to Remain the Most Lucrative Segment
The proctoring options for online tests are divided into three categories based on type: sophisticated automated proctoring, recorded proctoring, and live online proctoring. The market with the biggest expected share belongs to live online proctoring. The live proctors direct the test-takers by using environmental security checks, exam launch, etc. In this sort, materials that are prohibited during exams can be removed prior to the exam's start. To compete in the market, the firms in this industry utilize a number of inorganic growth techniques.
Schools and Universities to Remain Dominant
During the Study Period Based on the end-user, the global proctoring solutions for the online exams market is segmented into schools and universities, enterprises, and government. Schools and universities are more likely to maintain dominance in the market during the forecast period, that is, 2021-31. They are expected to have a compound annual growth rate (CAGR) higher than that of the other end-users. Due to the cover-19 pandemic, the educational sphere has been highlighted much more than it was before. Hence, the rise of e-learning will drive the growth of this segment in the market during the study period.
North America is Expected to Render Ample Investment Avenues
Based on the regions, the division is in the form of North America, Europe, Asia Pacific, Middle East and Africa, and South America. North America is expected to maintain dominance over the share in the proctoring solutions for the online exams market during the study period. The reason for the growth of this market being triggered in this region is because of the spike in online methods of teaching and the rising emphasis on e-learning platforms. Some major universities have been conducting their assessments online in the past few years in North America thus, driving the demand for proctoring solutions for the online exams market in this region.
Covid-19 Impact and Market Status
The crisis of the novel coronavirus was received by different industries in varying manners. The production process got adversely affected and the flow of raw materials was disturbed. The demand and supply chain were impacted negatively. Due to various regulatory measures imposed by the government, the manufacturers had to bear many challenges. During the pandemic, education became one of those industries that managed to gain a substantial amount of revenue. The worldwide shutdown of schools and colleges opened the doors to a number of opportunities for this market. Various educational institutions began adopting proctoring solutions for online exams to ensure better transfer of knowledge. The global proctoring solutions for the online exams market are all geared up to acquire an appreciable rate of growth during the forecast period, that is, 2021.
Latest Innovations in the Global Proctoring Solutions for Online Exams Market: a Snapshot
• Meazure Inc. announced in June 2022 that it has acquired Scantron's Certification and Licensure Business. The acquisition includes the test center network, assessment software, psychometrics, exam development, client services, and solutions of Scantron's Certification and Licensure Business. Meazure announced that Meazure Learning would increase its professional certification and license testing offerings through this acquisition. Meazure Learning also plans to continue growing by enhancing remote proctoring with a scaled worldwide test center network and enhanced exam development capabilities.
• Meazure Inc. formed a relationship with Lineup Management Services LLC in November 2021. Through this collaboration, the business gave Meazure's clients access to an improved test development solution.
Proctoring Solutions for Online Exams Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2031 |
| Study Period | 2018-2031 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2031 | USD 2.82 billion |
| Growth Rate | CAGR of 16.2 % during 2021-2031 |
| Segment Covered | by Type, by End Use, Regions |
| Regions Covered | North America, Europe, Asia Pacific, Middle East and Africa, South America |
| Key Players Profiled | Talview Inc., Comprobo, PSI Services LLC, Examity Inc., Meazure Inc., Honorlock Inc., Proctortrack, Mettl, and Inspera AS among others. |
Key Segments of the Proctoring Solutions for Online Exams Market
Type Overview (USD Billion)
- Advanced Automated Proctoring
- Recorded Proctoring
- Live Online Proctoring
End- Use Overview (USD Billion)
- Schools and Universities
- Enterprises
- Government
Regional Overview (USD Billion)
North America
- U.S
- Canada
Europe
- Germany
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
South America
- Mexico
- Brazil
- Rest of South America
Frequently Asked Questions (FAQ) :
The global Proctoring Solution for Online Exams market size projected to reach USD 2.82 billion by 2031.
The Proctoring Solution for Online Exams market is growing at a CAGR of 16.2% during the projection period
Key companies covered in the Proctoring Solution for Online Exams market are Talview Inc., Comprobo, PSI Services LLC, Examity Inc., Meazure Inc., Honorlock Inc., Proctortrack, Mettl, and Inspera AS among others.