The global Online Exam Proctoring market was valued at 363.8 Million USD in 2020 and will grow with a CAGR of 18.08% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report “Global and Regional Online Exam Proctoring Industry Status and Prospects Professional Market Research Report Standard Version 2021-2027” is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography (North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Online proctoring refers to a digital form of assessment which allows you to sit exams from any location. During online proctoring, the software is used to allow students and course participants sit exams at any place of their choice. It has to be somewhere reliable and free from fraud. The Online Exam Proctoring market covers Advanced Automated Proctoring, Recorded Proctoring, etc. The typical players include Examity, PSI Services, ProctorU, ExamSoft, etc. Online Exam Proctoring is mainly used in following Application groups: Education, Certification/Licensure, Corporate, etc. And Education are the most widely used group which took up about 51.66% of the global market in 2019.
Americas is the largest sales region of Online Exam Proctoring in the world in the past few years. Total Americas market took up about 42.68% of the global market in 2019, Europe followed with 32%, and APAC took about 22.25% in 2019. USA is now the key developers of Online Exam Proctoring Platforms. In 2019, USA market size was valued at 114.37 MillionUSD. The market is expected to reach 323.44 MillionUSD by 2025. The Online Exam Proctoring Platforms market concentration is low. Examity, PSI Services, ProctorU, ExamSoft, Comprobo, Mercer-Mettl are some of the leading players in Global Online Exam Proctoring Platforms market. Top 3 took up about 26.36% of the global market in 2019.
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By Market Verdors:
Live Online Proctoring
Advanced Automated Proctoring
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Ankur Gupta, Head Marketing & Communications