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Technavio’s market study identifies the rising acceptance of biometrics systems among students to be one of the primary growth factors for the biometrics market size in the education sector. Biometrics system primarily records the physical or behavioral characteristics and then converts it into computer codes to be stored in a database for future verification. Biometrics in education institutes prevents unauthorized use of data, unauthorized access to the premises, and error in attendance monitoring. This enables the efficient tracking of students, which will consequently increase their acceptance among educational institutions. According to the biometrics market research, our analysts estimate that this market will grow steadily at a CAGR of more than 26% during the forecast period.
Biometric smart cards contain biometrics data of an individual for the verification and authentication of the owner of the card. Smart cards are made of plastic and contain integrated circuits with useful and relevant data. Students and employees are utilizing smart cards to gain access to office and institute premises by punching the card into a biometric reader that authorizes and authenticates the person. Smart Attendance Terminal (SAT) is an innovative handheld biometric smart card that identifies and authenticates a student’s identity and marks the live attendance of students through fingerprints. This will increase the integration of biometrics in smart cards, which will be one of the key trends contributing to the growth of the biometrics technology market.
The biometrics market in the education sector is well-diversified due to the presence of several global, regional, and domestic players offering innovative and technologically advanced products. Different marketing strategies are implemented by vendors to increase consumer awareness about the use of biometrics and the solutions offered. Advanced technological innovations and the need for a diversified product portfolio intensify the level of competition among the vendors in the market for biometrics in education.
The leading vendors in the market are
The other prominent vendors in the market are BioID Technologies, Biometric Solution, Fujitsu, HID Global, Nuance, Solus, and Star Link.
Fingerprinting technology is an identification system that reads finger impressions to identify and authenticate an individual. Fingerprint biometrics are primarily used in schools and colleges to monitor students’ attendance and in cafeterias for tracking catering systems.
The higher education segment implements biometrics to automate non-learning tasks such as administrative tasks including attendance management and library management. Universities are implementing biometric systems to improve the effectiveness of e-learning programs since they are convenient to use and are less expensive.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by technology
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Other prominent vendors
PART 15: Appendix
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