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Digital Identity in Education Market are expected to drive industry expansion in the near future at a CAGR of 20.00% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published a cooked research report on the Global Digital Identity in Education Market that contains information from 2018 to 2032. The Digital Identity in Education market is estimated to register a CAGR of 20.00% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global Digital Identity in Education market— NEC, Samsung SDS, Thales, Telus, IDEMIA, GBG, Tessi, Daon, ForgeRock, ImageWare, Jumio, iProov, ID R&D, Refinitiv, OneSpan, Smartmatic, Freja EID Group, Vintegris, AU10TIX, Signicat, Duo Security, Syntizen, and Hashcash Consultant Good Digital Identity.


Digital Identity in Education Market Outlook


The global digital identity in education market is accounted to register a CAGR of 20.00% during the forecast period and is estimated to reach USD 8.8 Billion by 2032.


Education institutions are progressively implementing digital solutions for identity verification and access control, which is causing the market for digital identity in education to change quickly. This covers single sign-on (SSO), biometric authentication, and secure student portals. The demand for safe and effective administrative and learning operations online in the education sector is what is driving market expansion.


Segment Analysis


The global digital identity in education market has been segmented based offering, solution type, identity type, and organization size.


On the basis of offering, the market is segmented into solutions and services. Solutions segment dominated the global market in 2022. Digital identity solutions are provided by many vendors as a platform or tool that is integrated with an organization's infrastructure.


Based on solution type, the global digital identity in education market has been segmented into identity verification, authentication, identity lifecycle management, and other solution types. Authentication segment dominated the global Digital Identity in Education market in 2022. Identity authentication is used to verify the user's validity and thwart fraud.


Based on identity type, the global digital identity in education market has been segmented into biometric and non-biometric. Biometric segment dominated the global digital identity in education market in 2022. They offer a higher level of protection than conventional key (or keycard) and password systems, which is why.


Based on organization size, the global digital identity in education market has been segmented into large organization and SMEs. Large organization segment dominated the global market in 2022. Large businesses were among the first to adopt digital identification solutions because they have a sizable workforce and associated networking equipment susceptible to identity-related risk.


Regional Analysis


The global digital identity in education market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe digital identity in education market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The digital identity in education market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World digital identity in education market comprises of Middle East, Africa, and Latin America.


The North America digital identity in education market dominated this market in 2022 (45.80%). When replacing the physical ID with a digital ID, governments usually choose hybrid identity credentials to achieve a balance between accessibility and ease. Since the pandemic drove digital transformation in banking, tourism, and other industries, there has been considerable innovation in the identification environment with the goal of prioritizing residents and clients who are digital natives.


Moreover, in the market for digital identity in education, Europe held a sizable market share in 2022. This is a result of the existence of important companies like GBG, Daon, Inc., NEC Corporation, and Thales that offer this solution in this region. Furthermore, these solutions have been heavily adopted by a number of regional sectors, which is projected to encourage market expansion. The early adoption of cutting-edge technology in the region is also expected to have a significant positive impact on the sector.


Additionally, from 2023 to 2032, it's anticipated that the Asia Pacific digital identity in education market would develop significantly. Asia-Pacific countries with sizable emerging economies include China, Japan, India, Singapore, and South Korea. As a result of new technologies, the market for digital identification solutions in this region is growing significantly. Digital IDs have gained acceptance on a global level due to their potential to enhance the functionality, scalability, efficacy, and scope of governmental programs and legislation.


Furthermore, the market for digital identity in education is expanding in Latin America as a result of the expanding use of online learning and management tools. Identity verification tools, safe access management, and biometric authentication are important trends. The region's attempts to digitally transform education and the demand for safe, practical, and effective online education services are driving the market's expansion.


Key Findings of the Study



  • The global digital identity in education market is expected to reach USD 8.8 Billion by 2032, at a CAGR of 20.00% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market due to the sector for digital identity solutions in this region is expanding quickly as a result of new technology.

  • Based on organization size, the large organization segment was attributed to holding the largest market in 2022.

  • NEC, Samsung SDS, Thales, Telus, IDEMIA, GBG, Tessi, Daon, ForgeRock, ImageWare, Jumio, iProov, ID R&D, Refinitiv, OneSpan, Smartmatic, Freja EID Group, Vintegris, AU10TIX, Signicat, Duo Security, Syntizen, and Hashcash Consultant Good Digital Identity.

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Report details
Companies Covered 15
Pages 128
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