RFID (radio frequency identification) is mainly used to transfer data wirelessly with the help of electromagnetic fields. This technology uses readers or RFID cards to transfer data. Student RFID tracking systems are mainly used to track movements of students, their attendance, and other related issues. An RFID system is an advanced tracking system which helps enhance safety and security of every student in an institution.
The latest trend gaining momentum in the market is increasing innovations in RFID technology. The RFID technology for tracking students is a growing trend. The vendors of RFID systems have been constantly focusing on imoving their products. As a result, there are a few new innovations that have been incorporated in the technology.
One of the major drivers for this market is process efficiency. The use of the RFID technology in the education system helps the authorities of educational institutions save significant time and resources in the long run, by avoiding traditional student management activities. Teachers do not have to waste 10 minutes of their lecture time in marking the students' attendance manually.
North America accounted for the major share of the student RFID tracking market during 2017. The growth of the market in this region can be attributed to the exigency for ensuring enhanced safety for the students from K-12 to the higher education. Moreover, the presence of a considerable number of educational institutions and the increasing focus on monitoring attendance since it affects student performance, are also contributing to the market’s growth in this region.
In 2017, the global Student RFID Tracking market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
The key players covered in this study
Child Safety India
STECH ID Solutions
Market segment by Type, the product can be split into
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Student RFID Tracking status, future forecast, growth opportunity, key market and key players.
To present the Student RFID Tracking development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Student RFID Tracking are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.