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Online Exam Proctoring Market Growing At a CAGR of 21% From 2021 to 2028, is Expected to Rise $2.76 Billion by 2028 | Adroit Market Research
Online exam proctoring, sometimes referred to as remote invigilation or virtual proctoring, is an automated assessment monitoring procedure that employs cutting-edge technologies including webcams, facial recognition software, and artificial intelligence to detect fraud during online exams. Additionally, online exam proctoring provides functions like remote login, automated essay grading, biometric authentication, and live monitoring for examinations taken remotely. Additionally, online exam proctoring gives teachers real-time insights into their students' performance, enabling them to immediately spot behavioural trends that can point to academic dishonesty or cheating. The market for online exam proctoring is anticipated to develop at a CAGR of over 21% from 2021 to 2028, reaching a valuation of USD 2.76 billion.Free Sample Report + All Related Graphs & Charts @ https://www.adroitmarketresearch.com/contacts/request-sample/2669
The COVID-19 pandemic, technological improvements, and a growing need to assure the integrity of tests taken remotely are what is driving the growth of the online exam proctoring market. Alternative remote assessment techniques, such as online exam proctoring, are urgently needed as a result of the COVID-19 epidemic as standard approaches are frequently insufficient.
Furthermore, the availability of cutting-edge technologies like facial recognition and biometric authentication systems has made it possible for online exam proctoring solutions to be deployed without any hitches. Finally, online exam proctoring offers the academic community a priceless service by creating a safe and trustworthy atmosphere where students may take their examinations without worrying about plagiarism or other types of academic dishonesty.
This growth is mostly attributable to expanding student awareness of the use of proctoring services, rising demand for safe online exams, and rising demand for digital learning solutions. A few other factors influencing the growth of this market are favourable government policies, rising investment in educational technology, and rising smart device usage. This market is expanding as a result of the expanding adoption of online tests as a tool for evaluation and the rising demand for creative approaches to online exam proctoring.
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Due to its capability to stop cheating in online exams by using technologies like live video proctoring, identity verification, facial recognition, audio detection, and flagging, the Real Time Online Proctoring segment is anticipated to dominate the global Online Proctoring Market during the forecast period. The development of this market sector is also being aided by rising awareness of online exam proctoring, improvements in biometrics and AI technology, and the affordability of real-time proctoring.
End users predict that corporate and governmental institutions will contribute the most to the worldwide online test proctoring market, followed by the segment of online exam proctoring for schools and colleges. This is mostly a result of these educational institutions' growing demand for online exam proctoring in order to assure the validity of exams taken remotely and to improve security and convenience for students. The development of this market has also been aided by technological developments like the use of cloud computing and the availability of affordable online proctoring solutions. Additionally, for improved security and accuracy, these institutions are progressively implementing automated proctoring solutions that make use of biometrics and artificial intelligence (AI) technologies.
Due to the significant concentration of educational institutions in North America, this area has had the largest market share for online proctoring services. Over the course of the forecast period, the market for online proctoring in North America is expected to develop as a result of the rising demand from educational institutions in the region. The expansion of the online proctoring market in North America is also fueled by the robust network of suppliers that provide cutting-edge and affordable solutions to educational institutions.
The world's largest provider of computer-based testing services, Pearson VUE, announced the introduction of its new remote proctoring services in March 2022. These services will make use of cutting-edge AI technologies and analytics. Exam24, a top supplier of mobile remote proctoring services, was bought by ExamSoft, an online proctoring and test management platform, in May 2022. ExamSoft now has a more complete portfolio thanks to the acquisition of Exam24, enabling them to give their clients with more thorough and affordable solutions. Targeting small and mid-sized colleges, AI4EdTech debuted its own line of remote proctoring and test management tools in January 2021.
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