Industry Background:
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.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | 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) |
This growth is primarily driven by Increasing awareness regarding e-learning and The growing penetration of the internet and smartphones.
Globally, a noticeable market trend is evident The high adoption due to the ongoing COVID 19 pandemic which creat the increasing online learning
The Internet Software & Services sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as 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), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. 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.
Influencing Trend:
The high adoption due to the ongoing COVID 19 pandemic which creat the increasing online learning and The upsurging demand from Universities
Market Growth Drivers:
Increasing awareness regarding e-learning and The growing penetration of the internet and smartphones
Challenges:
The dearth of Skilled Trainers and Instructors
Restraints:
The concern related to expensive commercial proctoring services
Opportunities:
The technological advancement in the Online Exam Proctoring such as Facial recognition with sound and background noise detection
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Online Exam Proctoring Market
- Analysis about New Entrants in Online Exam Proctoring Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Online Exam Proctoring Study Sheds Light on
The Online Exam Proctoring Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Online Exam Proctoring industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Online Exam Proctoring industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.