Online Exam Proctoring Market Current Opportunities with 16.4% of CAGR by 2027 - Inspera AS, Mettl, ProctorEdu LLC, Proctortrack, ProctorU

According to the new research report, titled “Online Exam Proctoring Market Forecast to 2027 – COVID-19 Impact and Analysis – by Type (Advanced Automated Proctoring, Recorded Proctoring, and Live Online Proctoring) and End User (Schools and Universities, Enterprises, and Government)” published by The Insight Partners, the market is expected to reach US$ 1,187.57 million by 2027 and is likely to register a CAGR of 16.4% during 2020–2027.

Proctoring has an important role in ensuring the credibility and authenticity of any exam and its result. A rise in demand for e-learning platforms, elimination of high costs of proctored assessment centers, reduction in learner’s time and money are likely to drive the growth of online exam proctoring market during the forecast period. The introduction of remote proctoring solutions has helped eliminate the external factors that lead to cheating. The online exam proctoring can be easily integrated onto any learning management system or website to be proctored and imitates an on-site proctor. Now, monitoring candidates from widespread areas with the help of online proctoring technology is lending credibility to assessments. Innovation in e-learning and continually developing technologies have reinvented how learners obtain knowledge and enhance professional skills.

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E-learning is used broadly employed in higher education institutions and corporations; it is also progressively being adopted in K-12 institutions. The flexibility and robust functionality of online learning allow users to complete courses efficiently, and stay engaged continuously. With the increase in demand for E-learning, online proctoring has become a significant solution across all end users. The e-learning platforms provide flexibility of use, which is adding to the demand for online courses. Organizations, universities, and institutions are offering more online courses to facilitate flexible learning. However, these solutions also confer greater accessibility, and cost-effective and convenient operations. The rise in the number of E-learning administrators integrating online proctoring into their performance assessment processes drives the online exam proctoring market. Online exam proctor keeps an eye on students for doubtful activities during examinations, tests, and so on. It can see and hear the learner through webcam and can monitor the learner’s activity on the screen.

Thus, the idea of social distancing and lockdown restrictions empowered exams and assessments to be conducted remotely on the Internet, which is boosting the importance of online exam proctoring solutions. Numerous companies are leveraging these opportunities to offer cost-effective and more convenient means of student and employee authentication and test proctoring. The use of webcams and the Internet to allow trained human proctors to monitor exam sessions in real time or to review video recordings of the test sessions is surging the demand for online exam proctoring solutions. In either case, the proctors look for evidence of cheating and authentication of the test-taker. Key vendors offering these solutions to the North American market are ProctorU and Examity, Inc., among others.

The use of artificial intelligence (AI) is a major future trend in the North American market. This technology is likely to be a major game-changer in the coming years. It can help test-taker check-in, detect suspicious behavior, and identify irregularities through data forensics. The technology amplifies the online exam proctoring procedure by flagging suspicious behavior in a record and review session, thereby allowing instructors to review the session later. The AI-based online test includes facial and voice recognition, eye movement detection, and object recognition. These recognition technologies help achieve results at a lower cost due to the lack of human interference. The AI technology ensures convenience by eliminating the need for scheduling a proctor, and with the use of advanced automated proctoring type, human labor is replaced by algorithms.

Strategic Insights

The market players focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.

- In 2020, Examity, Inc. recognized as a finalist in EdTech Awards 2020. Examity was named for the most exceptional innovators, trendsetters, and leaders in education technology.

- In 2020, Talview Inc. entered into a partnership with Sify Technologies Ltd. for integrating the remote proctoring solution into its iTest platform.

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