Digital Identity in Education Market Overview

Digital identity in education market refers to the use of digital identities for students, teachers and administrators in the education system. Digital identities include unique digital profiles that store data like demographics, qualifications, academic records, etc. on cloud platforms. They allow secure access to online portals and verification for admissions, attendance, assessments, etc.

According to Market Research Future (MRFR), the global digital identity in education market size is projected to grow from USD 1.7 billion in 2022 to USD 8.8 billion by 2032, at a Compound Annual Growth Rate (CAGR) of 20.00% during the 2023-2032 period. Key growth factors include rising BYOD adoption and need for better administration.

Market Segments

By component, the market is segmented into solutions and services. The solutions segment accounted for a larger market share in 2023. Digital identity solutions facilitate creating unique IDs and managing access to online portals. Popular solutions include identity proofing, authentication/SSO, and data vaults.

Based on end-user, the K-12 segment dominated the digital identity in education market in 2023. Rapid growth is foreseen in the higher education segment since colleges are focused on bettering campus experiences via smart ID cards integrated with digital platforms.

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Regional Insights

North America accounted for the largest share of the global digital identity in education market in 2020, driven by high education budgets, tech infrastructure, and Bring Your Own Device (BYOD) policies of institutions in the U.S. and Canada.

Asia Pacific is anticipated to grow at the highest CAGR during the forecast period owing to large student population and digitalization drives across China, Australia, India, and Southeast Asia. Government initiatives like Swayam and National e-Governance Plan are key for India.

Key Companies

Leading companies operating in the digital identity in education companies include Fischer International Identity, Certiphi, Dominion Voting Systems, ImageWare Systems, Identity Automation and Luxoft. Major providers offer identity proofing, authentication and student/staff ID management solutions catering to K-12 schools, universities, and educational departments. Cloud-based delivery models provide flexibility alongside security.

Benefits of Digital Identity in Education

Key advantages offered by digital IDs in education include:

1. Enhanced Administration: Automates manual tasks like verification, documentation, attendance and assessments for better efficiency.
2. Improved Safety: Better tracking helps mitigate risks like unauthorized access and identity fraud.
3. Personalized Experiences: Student profiles allow institutions to offer tailored, self-service portals boosting satisfaction.
4. Data Analytics: Aggregated databases provide insights to enhance everything from admission processes to prediction models.
5. Cost Savings: Digital processes significantly reduce administrative overheads for schools and colleges.