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The Anti-Plagiarism Software Market for Education to Grow by USD 4.92 Billion from 2024-2028, Driven by AI Advancements and Government Initiatives – Technavio

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NEW YORK, Sept. 30, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global anti-plagiarism software for education sector market size is estimated to grow by USD 4.92 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  30.42%  during the forecast period. Supportive government initiatives is driving market growth, with a trend towards open access to data allows copying of content and data. However, availability of free anti-plagiarism software undermines academic integrity  poses a challenge. Key market players include Academicplagiarism Inc., Barnes and Noble Education Inc., BibMe, Blackboard Inc., Copyleaks Technologies Ltd., DupliChecker.com Inc., Grammarly Inc., I3 TECHNOLOGY Ltd., Plagiarism Checker X LLC, Plagiarism Detector, Plagiarismanalyzer.com, PlagScan GmbH, PlagTracker, PrePost SEO, Quetext Inc., Search Engine Reports, SmallSEOTools.com Inc., Turnitin LLC, UKU Group Ltd., and Urkund.

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Anti-Plagiarism Software For Education Sector Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 30.42%

Market growth 2024-2028

USD 4923 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

24.52

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 28%

Key countries

US, China, Germany, Canada, Japan, and India

Key companies profiled

Academicplagiarism Inc., Barnes and Noble Education Inc., BibMe, Blackboard Inc., Copyleaks Technologies Ltd., DupliChecker.com Inc., Grammarly Inc., I3 TECHNOLOGY Ltd., Plagiarism Checker X LLC, Plagiarism Detector, Plagiarismanalyzer.com, PlagScan GmbH, PlagTracker, PrePost SEO, Quetext Inc., Search Engine Reports, SmallSEOTools.com Inc., Turnitin LLC, UKU Group Ltd., and Urkund

Market Driver

Open access to online literature and data has revolutionized the way information is shared and accessed. While it offers numerous benefits such as increased knowledge dissemination and equal access to information, it also poses a significant challenge in the education sector due to the ease of plagiarism. With vast amounts of data available online, detecting plagiarized content in documents has become a daunting task. This has led to a growth in demand for anti-plagiarism software in educational institutions and publishing firms. Anti-plagiarism software is designed to detect and prevent plagiarism by comparing the text in a document against a vast database of existing content. It flags any instances of copied text and provides editing tools to help users rephrase or remove plagiarized content. The software’s ability to detect plagiarism and maintain academic integrity is crucial in the education sector, where the consequences of plagiarism can range from failing grades to legal action. The increasing use of open access content for academic assignments, research papers, and book publication further amplifies the need for anti-plagiarism software. As more data becomes accessible, the potential for plagiarism increases, making it essential for institutions to invest in plagiarism detection tools to maintain academic honesty and uphold the integrity of the education system. 

The education sector is increasingly relying on digital content for project and assignment submission on online platforms. However, the ease of access to digital content raises concerns about plagiarism in academic work. According to recent research studies, plagiarism is a common academic offense leading to failing grades, academic penalties, and even expulsion. To combat this issue, software platforms that check for plagiarism have become essential solutions for education industry players. These software programs use artificial intelligence and machine learning to scan databases of content sources and identify instances of textual work without attribution or permission. Publishing companies and content creators are also taking legal action against those who infringe on copyright. As the education offering shifts towards e-learning platforms, technologically advanced plagiarism detection tools are becoming indispensable for education sector players. 

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 Market Challenges

The education sector’s anti-plagiarism software market faces competition from free and open-source tools, posing a challenge for vendors. For instance, sites like Spinbot.com offer document checking and paraphrasing options. Open-source tools, such as PlagiarismChecker’s Author feature, enable users to monitor the use of their data. Vendors like Quetext and Duplichecker add to the competition. However, the widespread use of these tools can lower academic integrity, leading students to focus more on plagiarism removal than gaining knowledge. Some vendors, like Plagium and PaperRater, offer both free and paid versions, expanding opportunities in the free market segment. This increased availability of free software may decrease demand for proprietary software, potentially impacting vendors’ revenues.In the education sector, maintaining academic integrity is crucial. With technology-based study patterns on the rise, referencing practices have become more complex. Digital tools like plagiarism detection systems are essential to ensure originality in academic programs. Challenges include textual, video, graphical, simulation, audio content in digital submissions. Automation in plagiarism detection systems helps teachers save time and maintain intellectual integrity. Online learning platforms, communication software, MS Office, and text mining are integrated into learning management solutions to provide customized anti-plagiarism services. The anti-plagiarism industry continues to grow, offering solutions for various formats like documents and presentations.

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Segment Overview 

This anti-plagiarism software for education sector market report extensively covers market segmentation by  

End-user 1.1 Research institutions1.2 Academic institutionsDeployment 2.1 On-premises2.2 CloudGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Research institutions-  The education sector relies on ensuring academic integrity. Anti-plagiarism software plays a crucial role in this regard. These tools help institutions check students’ work for unoriginal content, maintaining fairness and upholding academic standards. They provide detailed reports, enabling educators to take corrective actions. Integration with Learning Management Systems streamlines the process, saving time and resources.

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Research Analysis

The anti-plagiarism software market in the education sector has gained significant traction in recent years due to the increasing reliance on technology-based study patterns in schools, universities, and other educational institutions. With online education platforms and virtual classrooms becoming the new norm, the submission of academic work online has become more common. This has led to an increase in instances of academic offenses such as plagiarism. To combat this, software programs that use artificial intelligence and machine learning to check documents for plagiarism have become essential tools in the education sector. These content checking tools help ensure attribution and permission for the use of others’ work, preventing failing grades, academic penalties, and even expulsion.

Market Research Overview

The Anti-Plagiarism Software market in the education sector is a critical component of maintaining academic integrity in the digital age. With the rise of online education platforms and digital submissions, the incidence of academic offenses such as plagiarism has increased. These software programs help ensure attribution and permission for academic work by checking documents against vast databases of content sources. Artificial intelligence and machine learning technologies power these systems, enabling them to detect plagiarism in textual, video, graphical, simulation, audio, and other formats. They help ensure authenticity in higher education, scholarly journals, books, and other written content. The anti-plagiarism industry offers automation, customization services, and solutions for MS Office and text mining to cater to the diverse needs of the education sector. The education system’s reliance on technology-based study patterns has led to an increased demand for plagiarism detection systems. These solutions not only help prevent plagiarism but also promote a culture of academic integrity and originality in students, teachers, and researchers. Legal action against academic offenses can result in significant consequences, making the use of anti-plagiarism software a crucial investment for educational institutions and content creators alike.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userResearch InstitutionsAcademic InstitutionsDeploymentOn-premisesCloudGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

Cineverse Appoints Rey Puentenegra as Vice President, Corporate Controller

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LOS ANGELES, Nov. 5, 2024 /PRNewswire/ — Cineverse (NASDAQ: CNVS), an innovative streaming entertainment and technology company, today announced that it has hired Rey Puentenegra as Vice President, Corporate Controller. Leveraging over 20 years of combined experience across the Industry, Audit and Regulatory Sectors, Puentenegra will oversee all financial and accounting functions across Cineverse’s entire business. He will manage day-to-day operations of the accounting department while taking ownership of corporate accounting, regulatory and financial reporting, audit preparation, and the continual development of internal control policies and procedures. Puentenegra’s appointment is effective immediately, and he will report directly to Mark Lindsey, Chief Financial Officer of Cineverse.

For more than two decades, Puentenegra has been responsible for financial and accounting management, SEC reporting and technical accounting, IPO and SPAC consulting, and process systems implementation and optimization across public and private companies, Big 4 accounting firms, and the Public Company Accounting Oversight Board (PCAOB). Prior to joining Cineverse, Puentenegra served as Controller at YOUNGLA, a fitness and lifestyle apparel e-commerce company, where he oversaw the finance and accounting team as well as managed an outside accounting firm and the company’s primary banking relationship. He was responsible for developing and implementing the initial finance operations structure in addition to the company’s Enterprise Resource Planning. Throughout his career, Puentenegra has served in finance and accounting roles for KPMG, PricewaterhouseCoopers (PwC), Reading International, Global Eagle Entertainment, Corporate Finance Group, XOS, and Spatial Genomics. As Inspections Specialist at PCAOB, he inspected the audits of the Big 4 and mid-tier firms in both the U.S. and foreign jurisdictions.

In connection with his joining the Company, Puentenegra received stock appreciation rights (the “SARs”) for 85,000 shares of Cineverse’s Class A Common Stock (the “Common Stock”), having a ten-year term and an exercise price equal to $2.74, and vesting 1/3 on November 4 of each of 2025, 2026 and 2027. The grant of SARs is an inducement grant pursuant to NASDAQ listing Rule 5635(c)(4).

ABOUT CINEVERSE

On a mission to uplift storytellers and entertain fans with the power of technology, Cineverse  (NASDAQ: CNVS) distributes over 71,000 premium films, series, and podcasts. Engaging over 150 million unique monthly users, Cineverse delivers more than one billion minutes of curated content each month – connecting fans with stories that resonate.

With properties like the box office sensation, Terrifier 3, iconic horror destination, Bloody Disgusting, the Bob Ross Channel, women’s entertainment channel Dove, and a leading podcast network, Cineverse is the first stop for audiences seeking authentic and experiential content. From a vibrant lineup of titles and fandom channels, to next-gen advertising offerings and streaming solutions, Cineverse is setting the stage for a new era of entertainment.

Contacts:

For Media
The Lippin Group for Cineverse, cineverse@lippingroup.com

For Investors
Julie Milstead, investorrelations@cineverse.com

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SOURCE Cineverse Corp.

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Cboe Global Markets Reports Trading Volume for October 2024

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CHICAGO, Nov. 5, 2024 /PRNewswire/ — Cboe Global Markets, Inc. (Cboe: CBOE), the world’s leading derivatives and securities exchange network, today reported October monthly trading volume statistics across its global business lines.

The data sheet “Cboe Global Markets Monthly Volume & RPC/Net Revenue Capture Report” contains an overview of certain October trading statistics and market share by business segment, volume in select index products, and RPC/net capture, which is reported on a one-month lag, across business lines.

Average Daily Trading Volume (ADV) by Month

Year-To-Date

Oct

2024

Oct

2023

%

Chg

Sep
 2024

%

Chg

Oct

2024

Oct

2023

Chg

Multiply-listed options (contracts, k)

10,793

11,230

-3.9 %

10,459

3.2 %

10,610

10,885

-2.5 %

Index options (contracts, k)

3,976

4,534

-12.3 %

4,130

-3.7 %

4,097

3,765

8.8 %

Futures (contracts, k)

187

292

-36.0 %

232

-19.6 %

243

227

6.7 %

U.S. Equities – On-Exchange (matched shares, mn)

1,289

1,376

-6.4 %

1,234

4.4 %

1,360

1,396

-2.6 %

U.S. Equities – Off-Exchange (matched shares, mn)1

77

81

-5.6 %

85

-9.1 %

78

81

-2.8 %

Canadian Equities (matched shares, k)

158,622

137,305

15.5 %

148,628

6.7 %

145,790

134,538

8.4 %

European Equities (€, mn)

10,534

9,277

13.6 %

10,121

4.1 %

9,681

9,498

1.9 %

Cboe Clear Europe Cleared Trades2 (k)

117,528

100,398

17.1 %

102,208

15.0 %

1,017,755

990,488

2.8 %

Cboe Clear Europe Net Settlements2 (k)

1,042

873

19.4 %

943

10.5 %

9,278

8,406

10.4 %

Australian Equities (AUD, mn)

777

719

8.0 %

891

-12.8 %

788

699

12.7 %

Japanese Equities (JPY, bn)

288

196

47.0 %

312

-7.5 %

315

174

80.5 %

Global FX ($, mn)

44,373

47,933

-7.4 %

48,096

-7.7 %

46,805

44,363

5.5 %

1 U.S. Equities – Off-Exchange ATS Block metrics restated to incorporate a tier of sell-side activity from July 2023 and forward, previously excluded from reporting.
2 Cboe Clear Europe figures are totals (not ADV) for the months and years-to-date. Asa of April 2023, data has been restated to reflect both On-Book and Off-Book cleared trades.

October 2024 Trading Volume Highlights

Cboe Europe

Cboe Europe Periodic Auctions reported a record average daily notional value (ADNV) of €2.5 billion, beating the previous record of €2.4 billion in September 2024.Cboe Clear Europe processed 117.5 million client trades in October, its highest monthly volumes in 2024. Additionally, it cleared its first trades on Deutsche Börse, introducing competitive clearing to the German market.

About Cboe Global Markets

Cboe Global Markets (Cboe: CBOE), the world’s leading derivatives and securities exchange network, delivers cutting-edge trading, clearing and investment solutions to people around the world. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives and FX across North America, Europe and Asia Pacific. Above all, we are committed to building a trusted, inclusive global marketplace that enables people to pursue a sustainable financial future. To learn more about the Exchange for the World Stage, visit www.cboe.com.

 

Cboe Media Contacts

   Cboe Analyst Contact

Angela Tu 

Tim Cave

Kenneth Hill, CFA 

+1-646-856-8734 

+44 (0) 7593-506-719

+1-312-786-7559 

atu@cboe.com

tcave@cboe.com

khill@cboe.com

 

CBOE-V

Cboe®, Cboe Global Markets®, Cboe Volatility Index®, and VIX® are registered trademarks of Cboe Exchange, Inc. or its affiliates. Standard & Poor’s®, S&P®, SPX®, and S&P 500® are registered trademarks of Standard & Poor’s Financial Services, LLC, and have been licensed for use by Cboe Exchange, Inc. All other trademarks and service marks are the property of their respective owners.

Any products that have the S&P Index or Indexes as their underlying interest are not sponsored, endorsed, sold or promoted by Standard & Poor’s or Cboe and neither Standard & Poor’s nor Cboe make any representations or recommendations concerning the advisability of investing in products that have S&P indexes as their underlying interests. All other trademarks and service marks are the property of their respective owners.

Cboe Global Markets, Inc. and its affiliates do not recommend or make any representation as to possible benefits from any securities, futures or investments, or third-party products or services. Cboe Global Markets, Inc. is not affiliated with S&P. Investors should undertake their own due diligence regarding their securities, futures, and investment practices. This press release speaks only as of this date. Cboe Global Markets, Inc. disclaims any duty to update the information herein.

Nothing in this announcement should be considered a solicitation to buy or an offer to sell any securities or futures in any jurisdiction where the offer or solicitation would be unlawful under the laws of such jurisdiction. Nothing contained in this communication constitutes tax, legal or investment advice. Investors must consult their tax adviser or legal counsel for advice and information concerning their particular situation.

Cboe Global Markets, Inc. and its affiliates make no warranty, expressed or implied, including, without limitation, any warranties as of merchantability, fitness for a particular purpose, accuracy, completeness or timeliness, the results to be obtained by recipients of the products and services described herein, or as to the ability of the indices referenced in this press release to track the performance of their respective securities, generally, or the performance of the indices referenced in this press release or any subset of their respective securities, and shall not in any way be liable for any inaccuracies, errors. Cboe Global Markets, Inc. and its affiliates have not calculated, composed or determined the constituents or weightings of the securities that comprise the third-party indices referenced in this press release and shall not in any way be liable for any inaccuracies or errors in any of the indices referenced in this press release.

There are important risks associated with transacting in any of the Cboe Company products discussed here. Before engaging in any transactions in those products, it is important for market participants to carefully review the disclosures and disclaimers contained at: https://www.cboe.com/us_disclaimers/

Options involve risk and are not suitable for all market participants. Prior to buying or selling an option, a person should review the Characteristics and Risks of Standardized Options (ODD), which is required to be provided to all such persons. Copies of the ODD are available from your broker or from The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606. 

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SOURCE Cboe Global Markets, Inc.

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Patrick Industries to Participate in Upcoming Baird Conference

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ELKHART, Ind., Nov. 5, 2024 /PRNewswire/ — Patrick Industries, Inc. (NASDAQ: PATK) (“Patrick” or the “Company”), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will participate in Baird’s 2024 Global Industrial Conference on November 12, 2024.

Andy Nemeth, Chief Executive Officer, and Kip Ellis, President – Powersports, Technology and Housing, will participate in a fireside chat as well as engage in one-on-one meetings with institutional investors and analysts. The conference will be held at the Ritz-Carlton in Chicago.

Please contact Baird for attendance information and additional details. 

About Patrick Industries, Inc. 
Patrick (NASDAQ: PATK) is a leading component solutions provider serving the RV, Marine, Powersports and Housing markets. Since 1959, Patrick has empowered manufacturers and outdoor enthusiasts to achieve next-level recreation experiences. Our customer-focused approach brings together design, manufacturing, distribution, and transportation in a full solutions model that defines us as a trusted partner. Patrick is home to more than 85 leading brands, all united by a commitment to quality, customer service, and innovation. Headquartered in Elkhart, IN, Patrick employs approximately 10,000 skilled team members throughout the United States. For more information on Patrick, our brands, and products, please visit www.patrickind.com

Forward-Looking Statements  
This press release contains certain statements related to future results, our intentions, beliefs and expectations or predictions for the future, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any projections of financial performance or statements concerning expectations as to future developments should not be construed in any manner as a guarantee that such results or developments will, in fact, occur. There can be no assurance that any forward-looking statement will be realized or that actual results will not be significantly different from that set forth in such forward-looking statement. Information about certain risks that could affect our business and cause actual results to differ from those expressed or implied in the forward-looking statements are contained in the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, and in the Company’s Forms 10-Q for subsequent quarterly periods, which are filed with the Securities and Exchange Commission (“SEC”) and are available on the SEC’s website at www.sec.gov. Each forward-looking statement speaks only as of the date of this press release, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances occurring after the date on which it is made. 

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SOURCE Patrick Industries, Inc.

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