North America online exam proctoring services market was valued at US$ 10,366.8 million in 2021 and is estimated to reach US$ 29,643.5 million by 2030, registering a CAGR of 11.7% during the forecast period, 2022–2030. This huge market growth can be attributed to factors such as increasing trends of online learning with less time consumption, more efficiency, and less money. Moreover, the demand for online courses has also increased as they are more flexible and suitable for learning process.
As the demand for online education continues to increase, so does the demand for online exam proctoring services. Online exam proctoring services allow instructors and students to take their exams in a secure and private environment. This not only allows for a more efficient learning process, but also reduces the chances of grade cheating.
Many online exam proctoring services offer various features that make taking exams easier, such as chat rooms, keyboard shortcuts, and tutorials. They also provide support for a variety of platforms, including Windows, Mac, and Linux. In addition to online exams, many online exam proctoring services offer testing services for other types of tests, such as the GRE or GMAT.
Many technological advancements are adopted for online proctoring service which lessens the time of learners as well as proctor. Conducting physical exams require heavy costs, labor and strategy which leads to time wastage. Online exam proctoring tests simplify the process while saving money and valuable time by automating these activities.
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Factors leading to the growing presence of players in the Poland Aesthetic Injectables Market are:
Increase in Demand for E-learning
The demand for online exam proctoring services is growing in both the United States and Canada. Some of the factors contributing to this trend include a rise in online learning opportunities, increasing pressure to stay competitive in the job market, and the increasing cost of tuition.
Some online exam proctoring services offer a flat rate for each student, while others charge based on the number of students participating in an exam. Either option can be good depending on the situation. For example, if there are a few large classes taking an exam at once, it may be cheaper to contract with an online proctoring service that charges by the student rather than by the course. Conversely, if there are many smaller classes taking an exam at once, it may be more cost-effective to go with a service that charges by course.
Reduced Chances of Fraud and Cheating
Another reason why online exam proctoring services are becoming increasingly popular is due to the fact that they offer an added security measure. By having a third party monitor the exam, students can be sure that their questions and answers are being recorded correctly. This eliminates any potential chance of cheating or fraud.
Challenges in the market
Continuous Stress During Test Taking & Privacy Violations
Remote proctoring may be an extra reason for pressure in situations like a pandemic, when numerous students are battle with mental wellness. Students are randomly approached to share the screens to show that they have no resources that could give them unfair edge like notes, reading material, etc. Despite the fact that it could appear to be unnecessary, a few students especially those from lower background or who have inabilities can be uncomfortable for showing around their surroundings. Students at universities all over the world are worried about their privacy issues like the gathering of biometric information, access to their personal PCs, and cyber frauds. Furthermore, most proctoring systems don't inform students regarding the information that is collected while they sit for the exam.
Factors Restraining Market Growth
Technical Issues related to Online Exam Proctoring Services
Technical problems with online proctored tests have drawn analysis, like setting up of software, network connectivity, and extended waiting periods. Proctors and students go through a long period of time to download programming onto PCs. There may be a little problem when another program or software is executed, and users will require a time to get familiar with it.
However, It costs organizations to change their frameworks to change from traditional method to the web-based approach. The best strategy is to make the students and teachers familiar with all the softwares. Certain individuals might find it difficult to change from traditional pen and paper method to web based learning, majorly elder students who are not PC proficient and various unforeseen crashes due to slow network is another serious issue with online tests.
Impact of COVID-19
The COVID-19 pandemic had a positive impact on the online exam proctoring services market. The sudden shift of education to online method led to sudden rise in the demand for online proctoring services and examinations. Many institutions experienced heavy losses, dropouts, digital divide, etc. due to pandemic which led them to shift to online classes for conducting classes and examinations. The online exam proctoring solution was adopted as a feasible option to conduct examinations with proper integrity and maintaining all the rules by government for social distancing. The online proctoring became a new normal, many institutions are conducting classes in online mode and many examinations are now conducted on permanent basis.
Market Segment Analysis
By Application
Based on application, certification/licensure segment holds more than 40% share of the North America online exam proctoring services market and is expected to grow at the highest CAGR of 12.7% during the forecast period. The dominance of the segment is primarily attributed to its ability to provide more secure and better privacy for documents.
While doing Licensing tasks, it becomes easy for the candidate to access the examination and resources. Moreover, Corporate segment to grow at a CAGR of 11.35% during the forecast period due to the shifting of corporate sector from physical mode to online mode during pandemic and increased adoption of permanent work from home.
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By End User
In terms of end user, certification agencies dominate the North America online exam proctoring services market with highest market share of 41.2%. The segment will offer a revenue opportunity of USD 8,444.5 million during the forecast period. Many certifications offering courses on cybersecurity, academic exams, data protection, etc. are helping the market to grow as the risk of cyberfrauds has also increased due to excess use of internet which led to the rise in demand for professionals to protect the users form any online frauds.
Key Industry Players:
Prometric, Proctorio, Examity, Horonlock and Respondus are some of the key players in the North America online exam proctoring services market. Wherein, top 5 players are holding over 68% market share. Most of these players are trying keep up their market share by adopting various growth strategies like mergers and acquisitions.
The online exam proctoring industry is booming, with providers sustaining and expanding their services in order to continue providing high-quality service to their clients. In order to be successful in this industry, it is important for providers to have a strategic plan in place and adhere to it consistently.
List of Key Companies Profiled:
Recent Developments in North America Online Exam Proctoring Services Market:
Segmentation Overview
The North America Online Exam Proctoring Services Market is segmented into:
By Application
By End User
Report Attribute | Details |
---|---|
Market Size Value in 2021 | US$ 10,366.8 Million |
Expected Revenue in 2030 | US$ 29,643.5 Million |
Historic Data | 2017-2020 |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Unit | Value (USD Mn) |
CAGR | 11.7% |
Segments covered | By Application, By End-User |
Key Companies | Examity, Horonlock, Ispera, Meazure Learning, Proctorio, Prometric, ProctorFree, Respondus, Smarter Services, TestReach, Other Prominent Players |
Customization Scope | Get your customized report as per your preference. Ask for customization |
The North America Online Exam Proctoring Services Market size was valued at US$ 10,366.8 million in 2021.
Based on Application type, the Certification/Licensure segment holds the highest share of 46.2% in 2021.
Continuous Stress during test taking & Privacy Violations is the major challenge in the North America Online Exam Proctoring Services Market.
The North America Online Exam Proctoring Services Market is estimated to grow with an opportunity of US$ 17,559.3 Mn during the forecast period.
Increase in demand for E-learning and reduction In Learner’s Time and Money. are the major driving factors for North America Online Exam Proctoring Services Market.
COVID impacted the North America Online Exam Proctoring Services Market positively due to shifting of educational institutions and organizations to online mode of education.
The main users of the market are Enterprises, Certification Agencies, Government, and Others.
Technical Issues related to Online Exam Proctoring Services are retraining the market to grow.
Application and End Users are the different segments in the North America Online Exam Proctoring Services Market.
The top players are Prometric, Proctorio, Examity, Horonlock and Respondus.
Growing advanced technology supporting online exam proctoring is helping the market to grow in the future.
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