Increasing Demand for Biometrics in the Education Sector – Technavio
The global biometrics market in the education sectoris expected to grow at a CAGR of more than 26% during the forecast period, according to Technavio’s latest market research.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170928006245/en/
Technavio’s research analysts segment the global biometrics market in the education sector into the following regions:
- North America
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Biometrics market in education sector in APAC
Educational institutions are investing in biometrics solutions to improve the overall infrastructure. In developed economies such as Singapore and Japan, the demand for biometrics systems is already prevalent owing to the stable digital infrastructure. In India and China, rising privatization of education will result in higher investment to improve the quality of the learning environment in these countries. All these developments will ensure significant revenue potential for vendors that design and develop biometrics solutions for the education market.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
Biometrics market in education sector in North America
The necessity to provide tight security and safety for students in the K-12 and higher education segments will propel the growth of the biometrics market in North America. In the higher education segment, biometrics is extensively used to reduce the rate of truancy among students.
“Many school districts in the US have included biometrics solutions in their annual budgetary expenditure, which indicates the potential market vendors. Also, the sustained interest to digitize the overall learning environment is also contributing to the robust demand for biometrics in schools and colleges in this region,” says Jhansi.
Biometrics market in education sector in Europe
The major factor responsible for the growing demand for biometrics systems in the education sector in Europe is the Europe 2020 strategy that was proposed in 2010 for the betterment of the economy of the European Union (EU). Among headways in various aspects such as climate change and employment, this strategy has been giving importance to education and training, which will contribute to a sustainable economic growth in the region. The need for educational improvements will successively give rise to developments in the education sector. This, in turn, will lead to the adoption of advanced systems such as biometrics technology.
Biometrics market in education sector in ROW
Various GCC countries such as Saudi Arabia, Qatar, Kuwait, and the UAE have allocated a significant percentage of the budget for education. The budgetary expenditure also includes the construction of education projects. This implies the demand for all the necessary infrastructure products and services in the education market. Therefore, investments will also be made in biometrics systems to provide refined learning as well as safe environment. Many educational institutions in the region have started implementing and installing biometrics systems for attendance management of students.
The top vendors in the global biometrics market in the education sector market as highlighted in this market research analysis are:
- BioLink Solutions
- Capture Innovative Solutions
- SMI Global
Browse Related Reports:
- Global Artificial Intelligence Certification Courses Market 2017-2021
- Global LMS for Education Market 2017-2021
- Global K-12 Game-based Learning Market 2017-2021
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 10,000 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.
If you are interested in more information, please contact our media team at email@example.com.
Media Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200