The global student RFID tracking market to grow at a CAGR of 8.47% during the period 2017-2021.
This report, Global Student RFID Tracking Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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.
According to the report, 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.
Further, the report states that one of the major factors hindering the growth of this market is occurrences of tag collision and easy disruption. Tag collision is one of the major challenges faced while using the RFID technology. It occurs when different tags are energized simultaneously by an RFID tag reader, and these tags send the signal back to the reader at the same time. This problem arises when a large number of RFID tags are read together in the same RF field. An RFID reader, during such a situation, finds it difficult to understand and differentiate these signals. As a result, there is tag collision.