Digital Identity in Education market Size was valued at USD 1.7 Billion in 2022. The Digital Identity in Education market Organization Size is projected to grow from USD 2.04 Billion in 2023 to USD 8.8 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 20.00% during the forecast period (2023 - 2032). Increased use of commercial businesses' internet services and the popularity of ID wallets are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The development of biometrics integration in smartphones is one of the key drivers fueling the market's expansion. Additionally, there is a rising need for digital identity-based authentication techniques like multi-factor authentication and biometric knowledge, which are more dependable and safe than passwords. For example, Prove Identity, Inc., a supplier of digital identity authentication platforms, introduced Prove Auth in October 2022 as a next-generation omnichannel authentication and passwordless login solution. Businesses can use the solution to lessen their reliance on passwords and one-time passcodes (OTPs). It gives customers the ability to authenticate across all channels, including desktops, phones, and call centers, with a straightforward, affordable, and secure solution.
The most significant aspects of the students' identities and how they connect to their online activities will be the subject of reflection. Students will have a variety of reactions and knowledge levels on what constitutes their identities due to the complexity of identity formation and the distinctive developmental process that each individual goes through. Some students may benefit from extra assistance and prodding to identify the most significant influencers in their lives and what they value most. Students will investigate how preconceptions, and more specifically gender stereotypes, affect their identities. Students will be asked to react to various gender-related statements and to reflect on their implications. Although the objective of this lesson is to begin students discussing and thinking about typical stereotypes connected with "boy" and "girl," as well as with the concept of gender in general, some students may want to have a lengthy discussion about the relative correctness or truthfulness of the claims. In order for the lesson to be effective, teachers must encourage students to go past that point and concentrate on the potential harm that stereotypes may do to people's identities and to the way they treat others. Thus, driving the Digital Identity in Education market revenue.
The Digital Identity in Education market segmentation, based on offering, includes solutions and services. Solutions segment dominated the global market in 2022. Different suppliers offer digital identification solutions as a platform or tool that is integrated with the infrastructure of an organisation.
The Digital Identity in Education market segmentation, based on solution type, includes identity verification, authentication, identity lifecycle management, and other solution types. Authentication segment dominated the Digital Identity in Education market in 2022. Identity authentication is used to confirm the legitimacy of the user and to stop fraud. Based on the forms of authentication used, the market for digital identity solutions has been split into two groups: single-factor and multi-factor.
The Digital Identity in Education market segmentation, based on identity type, includes biometric and non-biometric. Biometric segment dominated the Digital Identity in Education market in 2022. This is due to their higher level of security compared to traditional key (or keycard) and password systems. Additionally, as digital identity management solutions advanced, passwords were generally superseded by biometric authentication techniques including fingerprint, facial recognition, retinal or eye scan, handprint, and voice recognition.
The Digital Identity in Education market segmentation, based on organization size, includes large organization and SMEs. Large organization segment dominated the global market in 2022. Large organizations, which have a sizable workforce and associated networking equipment exposed to identity-related risk, were among the first to embrace digital identification solutions. Businesses that have offices in various locations are forced to offer their solution to their employees through real-time data access, and they are progressively integrating digital identification solutions to increase company productivity throughout the world. Access risk and risk outliers can both be found using the solution. Large businesses are therefore anticipated to use more digital identity systems that comply with different standards and laws.
Figure 1: Digital Identity in Education market, by Organization Size, 2022 & 2032 (USD Billion)
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Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Digital Identity in Education market dominated this market in 2022 (45.80%). Governments have chosen hybrid identification credentials frequently to strike a compromise between accessibility and convenience while replacing the physical ID with a digital ID. In order to prioritize residents and customers who are digital natives, there has been enormous innovation in the identification environment since the pandemic propelled digital transformation in banking, travel, and other businesses. Further, the U.S. Digital Identity in Education market held the largest market share, and the Canada Digital Identity in Education market was the fastest growing market in the North America region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: DIGITAL IDENTITY IN EDUCATION MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Digital Identity in Education market accounted for the healthy market share in 2022. This is due to the presence of significant firms who provide this solution in this area, including GBG, Daon, Inc., NEC Corporation, and Thales. Additionally, a number of regional sectors have implemented these solutions significantly, which is anticipated to promote market expansion. Additionally, the region's industry is projected to experience tremendous development potential due to the rise in early incorporation of cutting-edge technology. Further, the German Digital Identity in Education market held the largest market share, and the U.K Digital Identity in Education market was the fastest growing market in the European region.
The Asia Pacific Digital Identity in Education market is expected to register significant growth from 2023 to 2032. Significant developing economies in Asia-Pacific include China, Japan, India, Singapore, and South Korea. The sector for digital identity solutions in this region is expanding quickly as a result of new technology. Given their potential to improve the efficacy, functionality, scalability, and scope of governmental programs and legislation, digital IDs have grown in popularity on a global scale. Moreover, China’s Digital Identity in Education market held the largest market share, and the Indian Digital Identity in Education market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the digital identity in education market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Digital Identity in EducationIndustry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Digital Identity in Education Industry to benefit clients and increase the market Solution Type. In recent years, the Digital Identity in Education Industry has offered some of the most significant advantages to medicine. Major players in the Digital Identity in Education market, including 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, are attempting to increase market demand by investing in research and development operations.
The aerospace, defense, and security markets are served by Thales SA (Thales), which also offers smart technologies, electronic systems, software, ground transportation, services, and equipment. For the aircraft industry, it offers training solutions, flight avionics, electrical systems, electric systems, and air traffic management systems. For the ground, marine, and air defense markets, the business also offers weapon systems, protection systems, cybersecurity solutions, radio communications products, network and infrastructure systems, vital information systems, and cybersecurity solutions. Additionally, Thales provides training, maintenance, and repair services. The corporation has activities throughout the Middle East, Africa, Asia-Pacific, Europe, and the Americas. The head office of Thales is located in Paris, Ile-de-France, France.
Wireless and wireline telecommunication services are offered by Telus Corp (Telus). The company provides a wide range of communications products and services, such as voice, data services, mobile, IP, television, video, and security; internet; entertainment; unified communications conferencing and collaboration; security consulting and managed services; cloud and managed information technology services; advisory services for home and business security and automation; and cutting-edge security and cloud-based solutions. Customers can access phone and internet services from Telus on all major wireless networks. Fast internet access, video, chat, social networking, and mobile applications are all part of its service offering. Additionally, the business offers healthcare IT solutions. It conducts business in Central America, Asia, Europe, and North America. Vancouver, British Columbia, is the home of Telus.
NEC
Samsung SDS
Thales
Telus
GBG
Tessi
Daon
ForgeRock
ImageWare
Jumio
iProov
ID R&D
Refinitiv
OneSpan
Smartmatic
Freja EID Group
Vintegris
AU10TIX
Signicat
Duo Security
Syntizen
Hashcash Consultant
Good Digital Identity
November 2022: To facilitate background checks and expand their digital identification solutions, Yoti Ltd. and Sterling, a provider of background and identity solutions, worked together.
Solutions
Services
Identity Verification
Authentication
Identity Lifecycle Management
Other Solution Types
Biometric
Non-biometric
Large Organization
SMEs
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 1.7 Billion |
| Market Size 2023 | USD 2.04 Billion |
| Market Size 2032 | USD 8.8 Billion |
| Compound Annual Growth Rate (CAGR) | 20.00% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Offering, Solution Type, Identity Type, Organization Size, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The U.S., Canada, German, France, U.K, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | 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 |
| Key Market Opportunities | Education’s wide expansion into the digital realm |
| Key Market Dynamics | The development of biometrics integration in smartphones and growing demand for digital identity-based authentication methods such as biometric expertise and multi-factor authentication |
Digital Identity in Education market Market Highlights:
Frequently Asked Questions (FAQ) :
The Digital Identity in Education market size was valued at USD 1.7 Billion in 2022.
The global market is projected to grow at a CAGR of 20.00% during the forecast period, 2023-2032.
North America had the largest share in the global market
The key players in the market are 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.
The Solutions Motorcycle Offering dominated the market in 2022.
The Authentication Solution Type had the largest share in the global market.
Research Analyst Level II With a technical background in information technology & semiconductors, shubham has 4.5+ years of experience in market research and analytics with the tasks of data mining, analysis, and project execution. he is the poc for our clients, for their consulting projects running under the ict/semiconductor domain. shubham holds a bachelor’s in information and technology and a master of business administration (mba). shubham has executed over 150 research projects for our clients under the brand name market research future in the last 2 years. his core skill is building the research respondent relation for gathering the primary information from industry and market estimation for niche markets. he is having expertise in conducting secondary & primary research, market estimations, market projections, competitive analysis, analysing current market trends and market dynamics, deep-dive analysis on market scenarios, consumer behaviour, technological impact analysis, consulting, analytics, etc. he has worked on fortune 500 companies' syndicate and consulting projects along with several government projects. he has worked on the projects of top tech brands such as ibm, google, microsoft, aws, meta, oracle, cisco systems, samsung, accenture, vmware, schneider electric, dell, hp, ericsson, and so many others. he has worked on metaverse, web 3.0, zero-trust security, cyber-security, blockchain, quantum computing, robotics, 5g technology, high-performance computing, data centers, ai, automation, it equipment, sensors, semiconductors, consumer electronics and so many tech domain projects.
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