This Frost & Sullivan research service titled World Corporate Security (Logical and Physical) Smart Card Market provides an in-depth analysis of the global smart card trends, technology, and forecasts for the access control market in corporate security application. It provides an overview of corporate security revenues and unit shipment of smart cards in this application, along with an analysis of market drivers, restraints, and trends that impact the market. Quantitative data is broken down into physical, logical, and dual access control.
This analysis is available through our Smart Cards Growth Partnership Service program. With this program, clients receive industry-leading market research such as this, along with technical and econometric data and many interactive features including Analyst Inquiry Time and Client Councils.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
Physical access control
Logical access control
Dual access control
Technologies
The following technology is covered in this research:
Smart Card
Market Overview
Greater Affordability and Increased Interoperability to Lure the Private Sector toward Smart Card-based Access Control Systems
Smart card is a secure and scalable method of physical and logical access control for various types of private organizations. Prices of smart card technology are falling and vendors are using more interoperable and open systems, which can hold dual technologies to accommodate the migration process from legacy systems. Hence, in the next four to five years, setups with a focus on security and multi-applications are likely to move toward smart card-based access control systems, which converge several functions on one card and yet offer sophisticated authentication methods.
Smart cards in access control are being increasingly used in leisure and entertainment facilities and educational or research institutions. In fact, some developing countries are leapfrogging straight to this technology, giving the older magnetic stripe cards the miss. "Low-cost contactless options have increased its uptake in large-scale events all over the world, particularly in the United States, Europe, and Asia," says the Industry Analyst, Michelle Foong. "These include sporting events, major conferences, live performances, and other events where crowd control and security are key considerations."
Government Support for and Installations of Access Control Technology Encourage Private Sector to Follow Suit
Growth in the access control market globally is currently driven by positive spillover effects of government mandates and initiatives; and increased mobility of workers, resulting in a greater need for securing access to corporate resources. Various government initiatives such as the U.S. Common Access Card (CAC), and Civil Service Card in Singapore and Indonesia raises awareness and educates the market about the benefits of secure and scalable systems such as smart cards. Over time, the drop in prices and the move to more open and standardized platforms will encourage more applications in the private sector.
"In countries where government agencies actively use smart cards for door access, there has been a marked increase in private sector adoption of smart cards in access control," notes the analyst. "This proves that the usage in government and state agencies has a substantial effect on the overall adoption of access control technology in a country although there are no specific mandates for the private sector to do so."
(0 items)
