Evaluation of a person’s abilities can be done through several means. However, the basic principle, which is the comparison of an individual’s abilities with that of his peers, remains the same. China is considered as the first country to have a standardized examination system. This system can be traced back to the early 6th AD. Education has been a priority for most government bodies around the globe. The sector has been at the forefront of embracing digital technologies. Online-based tests ensure that the evaluation process becomes simplified and it allows the institutes to save countless man-hours. Businesses are also resorting to online evaluations for selecting suitable candidates. The online exam software provides the end-users with a diverse set of options to evaluate a candidate’s IQ, EQ, job skills and situational awareness. Furthermore, online exams also ensuring in curbing plagiarism. With the advancement in AI, the online software vendors are providing response-based questions. The difficulty level of the succeeding questions will be based on the correctness and response time of the candidates. One such example is that of the Graduate Record Examinations in the U.S., which is a standardized exam that is taken by those candidates who are opting for a graduate degree. The global online exam software market is expected to show considerable growth, especially in the APAC region, due to rapid digitization in schools, colleges and government bodies, which in turn is creating demand for internet-based tests.
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Pandemics such as the current Coronavirus situation has disrupted the academic schedule of numerous schools and universities around the globe. They are increasingly resorting to online exam software to conduct periodic evaluations and entrance tests. Also, with the usage of automated solutions, candidates/students are further being provided with an eco-friendly alternative to the pen and paper system, helping them in managing time by providing timely notifications during an exam. Additionally, owing to increasing rate of online certification programs, candidates are now being able to share it across various networking sites such as LinkedIn, thus aiding in the overall development and surge of online-based tests. The global online exam software market thus is projected to attain attractive investment, considering the proliferation of smart devices and internet that is facilitating for online evaluations.
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The detailed research study provides qualitative and quantitative analysis of online exam software market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Key Findings of the Report:
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Online Exam Software Market:
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