Online Exam Proctoring Market Emerging Trends Overview, Growth Factors and Competitive Players Till 2028

The online exam proctoring market is valued at US$ 1,742.95 million by 2028; registering at a CAGR of 16.2% from 2022 to 2028, according to a new research study conducted by The Insight Partners.

E-learning is broadly used in higher educational 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 virtually and stay engaged continuously. The e-learning platforms provide flexibility to students and education providers, which propels the demand for online courses. The adoption of e-learning is growing rapidly due to the rise in preference for online courses and learning and high internet penetration. These solutions also provide greater accessibility and cost-effective and convenient operations.

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Moreover, the COVID-19 pandemic has given an unexpected boost to e-learning platforms. With the increased demand for e-learning, online exam proctoring has become a significant solution for all end-users. Therefore, the rise in the number of e-learning administrators integrating online proctoring into their performance assessment processes drives the online exam proctoring market growth.

The Key Players in The Global Market Are:

Comprobo
Examity, Inc.
Honorlock Inc.
Inspera AS
Mettl
ProctorEdu LLC
Proctortrack
Meazure Inc.
PSI Services LLC
Talview Inc.
Cheating is an act of unfair means to gain an undue advantage in a test or an exam. The introduction of remote proctoring solutions has helped eliminate the external factors that lead to cheating that is likely to boost the online exam proctoring market growth. 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.

The report segments the global Market as follows:

By Type (Advanced Automated Proctoring, Recorded Proctoring, and Live Online Proctoring)
By End User (Schools & Universities, Enterprises, and Government)
Impact of COVID-19 Pandemic on Online Exam Proctoring Market

The COVID-19 outbreak adversely affected economies and industries in various countries due to the imposition of lockdowns, travel bans, and business shutdowns. During the COVID-19 pandemic, businesses, and organizations, faced with unprecedented challenges, are looking for different ways to stay productive. The selection of the right candidate for jobs and certification process has become a remote process for many businesses, schools, and universities. Centers for Disease Control and Prevention (CDC) have recommended social distancing measures for schools & universities, and organizations, making remote working a new norm. Education providers rapidly moved their conventional learning model to remote and online learning to ensure seamless continuity of education, which propelled the need for online exams.

Online exam proctoring solutions offered a feasible option to conduct exams with integrity while maintaining social distancing. Since major investments in the digital delivery of learning content surged considerably, the focus on online examinations increased to enable students to take exams from their homes without risking exposure to the virus. Numerous regional universities conducted examinations through online platforms. Therefore, the impact of COVID-19 pandemic is positive on the online exam proctoring market.

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This release was published on openPR.