Smart Badge Market by Communication (Contact and ContactLess), Type (With Displays and Without Displays), Application (Government & Healthcare, Corporate, and Retail & Hospitality) and Region (NA, EU, APAC, ROW) - Global Forecast to 2025

Smart Badge Market by Communication (Contact and ContactLess), Type (With Displays and Without Displays), Application (Government & Healthcare, Corporate, and Retail & Hospitality) and Region (NA, EU, APAC, ROW) - Global Forecast to 2025

“Increase in adoption of smart badges in government and healthcare sector is the major factor driving the growth of the smart badge market.”
The global smart badge market size is estimated to grow from USD 21.1 billion in 2020 to USD 33.8 billion by 2025, at a CAGR of 9.9% between 2020 and 2025. The most significant factor driving the growth of this market is the rise in demand for wearable access control devices for security management.
Increased adoption of smart badges with contactless interfaces

A contactless smart card/badge contains a chip and a radio frequency identification (RFID) antenna (copper or aluminum) attached to the chip for reading and writing information from the chip’s memory. To complete any transaction, contactless cards do not have to be swiped or inserted into a smart card reader. Instead, they only need to be waved within the electromagnetic field range of the reader to read and store information in the chip. These cards/badges are increasingly being used for physical access control in businesses, government, and educational institutions to restrict physical access to their offices or different zones within an office/campus.

Contactless smart card/badges offer a simple, sophisticated, secure, and cost-effective solution to the identity management and access control problem. Contactless entry into buildings is now common in college campuses. These IDs can work to open doors, too, as an alternative to swiping an entry card. Moreover, these IDs not only serve as a means of student identification but also work as a payment mechanism for on-campus transactions. These devices can be used for financial applications, secure access control, secure ID credentials and documents, automated fare collection (AFC) systems, and all RFID applications for supply chain, inventory, and item tracking.

A contactless card/badge is a must when high throughput, validation speed, and secure systems are required. Thus, there is a growing demand for smart badges with contactless interfaces, particularly in BFSI, education, and medical sectors.

“Blockchain enables new modes for security in the smart badge market.”
Blockchain is a revolutionary technology that helps businesses create faster and secure applications that fulfill stringent security requirements. Smart cards can be used to effectively manage cryptographic keys, thereby enabling efficient and secure transactions in blockchain applications. A smart card acts like a vault where the cryptographic key can be stored. When the smart card is connected to the Internet via a POS reader, the key stored in the card can be matched with the key stored in the online library. If the match is successful, the user is authenticated. This would help banks and other ecosystem players secure and authenticate user identity in an improved way, thereby reducing instances of cyber theft.

“Technology advancement in smart badges.”
Smart badges are acknowledged widely as one of the most secure and reliable forms of electronic ID. Institutions ranging from business enterprises, government offices, educational institutes, and many other institutions use smart badges for different purposes. The cards/badges can come in different sizes, but they all share one thing in common—the technology that drives them.

Technological advancements in security systems, including the deployment of wireless technology, are enhancing smart badges. Continuous improvements in smart badges are driving the said market. One of the major achievements in the field of smart badges is the integration of displays. Smart display badges are opening a wide range of opportunities for the players operating in this ecosystem. These interactive display smart badges are finding significant adoption in the hospitality, retail, events, and entertainment sectors. Badges embedded with displays allow to overwrite displayed information; thus, these cards are reusable and help save cost.

“Smart badges market in North America to grow at highest CAGR during the forecast period “
North America contributes significantly to the smart badge market, derived primarily from the US. Moreover, the region is technologically advanced and is one of the early adopters of emerging technologies. North America is home to some major vendors of smart badges. High demand for smart badges from various verticals, such as event and entertainment, is driving the growth of the market in the region.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with the key experts. The breakup of the profiles of primary participants is as follows:
By Company Type: Tier 1 – 35 %, Tier 2 – 20%, and Tier 3 – 45%
By Designation: C-Level Executives – 40% Directors – 35%, Others – 25%
By Geography: North America – 40%, Europe – 20%, APAC – 30%, and ROW– 10%

The global smart badge market is dominated by Thales Group (Gemalto) (France), ASSA ABLOY AB (HID Global Corporation) (Sweden), Giesecke+Devrient GmbH (Germany), Brady Worldwide, Inc. (US), IDEMIA (France), Evolis (France), Identiv Inc. (US), BEAM (US), AIOI-SYSTEMS CO., LTD. (DISPLAY IT CARD) (Japan), Watchdata (Singapore), and Identita (Canada). The other players operating in the market include Blendology (UK), Squarofumi (China), KONA I Co. Ltd. (South Korea), Proxfinity Inc. (US), Klik (Canada), Global Net Solutions (GNS) (US), CardLogix Corporation (US), MpicoSys Solutions B.V. (Netherlands), AbeeWay (France), and HierStar Ltd. (China).

Research Coverage
This report covers the smart badge market based on communication, type, application, and geography. A detailed analysis of the key industry players has been undertaken to provide insights into their business, products and services, and key strategies such as product launches, product developments, partnerships, contracts, agreements, mergers & acquisitions, collaborations, and expansions associated with the smart badges market.

Reasons to Buy the Report:
Illustrative segmentation, analysis, and forecast pertaining to the smart badges market based on communication, type, application, and geography have been conducted to provide an overall view of the smart badge industry.
Major drivers, restraints, opportunities, and challenges for the smart badges market have been detailed in this report.
The report includes a detailed competitive landscape of the key players in the market and their ranking.


  • INTRODUCTION
    • STUDY OBJECTIVES
    • MARKET DEFINITION & SCOPE
      • INCLUSIONS AND EXCLUSIONS
    • STUDY SCOPE
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
      • SECONDARY AND PRIMARY RESEARCH
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES FOR GROWTH OF SMART BADGE MARKET
    • SMART BADGE MARKET, BY TYPE
    • SMART BADGE MARKET, BY COMMUNICATION
    • SMART BADGE MARKET, BY VERTICAL
    • SMART BADGE MARKET, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table COMPARISON OF MULTIFUNCTIONAL SMART CARDS WITH CONVENTIONAL CARDS
        • Table COMPARISON OF TECHNOLOGY FEATURES OF SMART CARDS AND CONVENTIONAL CARDS IN HEALTHCARE APPLICATION
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • IMPACT OF COVID-19 ON SMART BADGE MARKET
    • VALUE CHAIN ANALYSIS
      • RESEARCH AND DEVELOPMENT
      • COMPONENTS SUPPLIERS
      • ASSEMBLY AND PRODUCT INTEGRATION
      • DISTRIBUTION
      • END USERS
    • BENEFITS OF INTEGRATED IN-BADGE DISPLAYS
      • Table BENEFITS OF INTEGRATED IN-BADGE DISPLAYS
    • USE CASES OR MARKETS FOR SMART BADGES
      • Table ROUND TABLE PIZZA GROUP
      • Table NHH SYMPOSIUM
      • Table MIT INITIATIVE ON THE DIGITAL ECONOMY
      • Table PCMA EUROPEAN INFLUENCERS SUMMIT
      • Table UPM
    • GOVERNMENT INTERVENTIONS IN SMART BADGE TECHNOLOGY
      • Table STANDARDS FORMULATED BY GOVERNMENT AND ORGANIZATIONS
  • SMART BADGE MARKET, BY COMMUNICATION
    • INTRODUCTION
      • Table SMART BADGE MARKET, BY COMMUNICATION, 2017–2025 (USD MILLION)
    • CONTACT BADGES
      • INCREASED ADOPTION OF CONTACT SMART BADGES IN GOVERNMENT, HEALTHCARE, RETAIL, AND CORPORATE VERTICALS
        • Table CONTACT SMART BADGE MARKET, BY REGION, 2017—2025 (USD MILLION)
    • CONTACTLESS BADGES
      • CONTACTLESS SMART BADGES TO WITNESS SIGNIFICANT ADOPTION IN NORTH AMERICA AND APAC IN COMING YEARS
        • Table CONTACTLESS SMART BADGE MARKET, BY REGION, 2017—2025 (USD MILLION)
  • SMART BADGE MARKET, BY TYPE
    • INTRODUCTION
      • Table SMART BADGE MARKET, BY TYPE, 2017–2025 (USD MILLION)
    • SMART BADGES WITHOUT DISPLAYS
      • LOW COST OF SMART BADGES WITHOUT DISPLAYS LEADING TO THEIR INCREASED GLOBAL ADOPTION
        • Table SMART BADGES WITHOUT DISPLAYS MARKET, BY REGION, 2017—2025 (USD MILLION)
    • SMART BADGES WITH DISPLAYS
      • SMART BADGES WITH DISPLAYS TO GAIN TRACTION IN EVENT AND ENTERTAINMENT VERTICAL INITIALLY
        • Table SMART BADGES WITH DISPLAYS MARKET, BY REGION, 2017—2025 (USD MILLION)
  • SMART BADGE MARKET, BY VERTICAL
    • INTRODUCTION
      • Table APPLICATION LIFECYCLE OF SMART BADGES
      • Table SMART BADGE MARKET, BY VERTICAL, 2017—2025 (USD MILLION)
    • GOVERNMENT AND HEALTHCARE
      • ONGOING DIGITIZATION OF GOVERNMENT AND HEALTHCARE SECTORS TO FUEL GLOBAL DEMAND FOR SMART BADGES FROM TO 2025
        • Table SMART BADGE MARKET FOR GOVERNMENT AND HEALTHCARE, BY REGION, 2017—2025 (USD MILLION)
    • CORPORATE
      • INCREASING USE OF SMART BADGES FOR MULTIPLE APPLICATIONS IN CORPORATE SECTOR TO FUEL GROWTH OF MARKET FROM TO 2025
        • Table SMART BADGE MARKET FOR CORPORATE, BY REGION, 2017—2025 (USD MILLION)
    • EVENT AND ENTERTAINMENT
      • RISING ADOPTION OF SMART BADGES IN EVENT AND ENTERTAINMENT VERTICAL FOR IMPROVED DECISION-MAKING AND STREAMLINED REGISTRATION PROCESS
        • Table SMART BADGE MARKET FOR EVENT AND ENTERTAINMENT, BY REGION, 2017—2025 (USD MILLION)
    • RETAIL AND HOSPITALITY
      • SURGING DEMAND FOR SMART BADGES FROM RETAIL AND HOSPITALITY VERTICAL FOR MARKETING APPLICATIONS TO FUEL GROWTH OF MARKET FROM 2020 TO 2025
        • Table SMART BADGE MARKET FOR RETAIL AND HOSPITALITY, BY REGION, 2017—2025 (USD MILLION)
    • OTHERS
      • Table SMART BADGE MARKET FOR OTHER VERTICALS, BY REGION, 2017—2025 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table SMART BADGE MARKET, BY REGION, 2017—2025 (USD MILLION)
    • NORTH AMERICA
      • Table SMART BADGE MARKET IN NORTH AMERICA, BY COUNTRY, 2017—2025 (USD MILLION)
      • Table SMART BADGE MARKET IN NORTH AMERICA, BY TYPE, 2017—2025 (USD MILLION)
      • Table SMART BADGE MARKET IN NORTH AMERICA, BY COMMUNICATION, 2017—2025 (USD MILLION)
      • Table SMART BADGE MARKET IN NORTH AMERICA, BY VERTICAL, 2017—2025 (USD MILLION)
      • US
        • Table SMART BADGE MARKET IN US, BY COMMUNICATION, 2017—2025 (USD MILLION)
        • Table SMART BADGE MARKET IN US, BY VERTICAL, 2017—2025 (USD MILLION)
      • CANADA
        • Table SMART BADGE MARKET IN CANADA, BY COMMUNICATION, 2017—2025 (USD MILLION)
        • Table SMART BADGE MARKET IN CANADA, BY VERTICAL, 2017—2025 (USD MILLION)
      • MEXICO
        • Table SMART BADGE MARKET IN MEXICO, BY COMMUNICATION, 2017—2025 (USD MILLION)
        • Table SMART BADGE MARKET IN MEXICO, BY APPLICATION, 2017—2025 (USD MILLION)
    • EUROPE
      • Table SMART BADGE MARKET IN EUROPE, BY COUNTRY, 2017—2025 (USD MILLION)
      • Table SMART BADGE MARKET IN EUROPE, BY TYPE, 2017—2025 (USD MILLION)
      • Table SMART BADGE MARKET IN EUROPE, BY COMMUNICATION, 2017—2025 (USD MILLION)
      • Table SMART BADGE MARKET IN EUROPE, BY VERTICAL, 2017—2025 (USD MILLION)
      • GERMANY
        • Table SMART BADGE MARKET IN GERMANY, BY COMMUNICATION, 2017—2025 (USD MILLION)
        • Table SMART BADGE MARKET IN GERMANY, BY VERTICAL, 2017—2025 (USD MILLION)
      • UK
        • Table SMART BADGE MARKET IN UK, BY COMMUNICATION, 2017—2025 (USD MILLION)
        • Table SMART BADGE MARKET IN UK, BY VERTICAL, 2017—2025 (USD MILLION)
      • FRANCE
        • Table SMART BADGE MARKET IN FRANCE, BY COMMUNICATION, 2017—2025 (USD MILLION)
        • Table SMART BADGE MARKET IN FRANCE, BY VERTICAL, 2017—2025 (USD MILLION)
      • REST OF EUROPE
        • Table SMART BADGE MARKET IN REST OF EUROPE, BY COMMUNICATION, 2017—2025 (USD MILLION)
        • Table SMART BADGE MARKET IN REST OF EUROPE, BY VERTICAL, 2017—2025 (USD MILLION)
    • APAC
      • Table SMART BADGE MARKET IN APAC, BY COUNTRY, 2017—2025 (USD MILLION)
      • Table SMART BADGE MARKET IN APAC, BY TYPE, 2017—2025 (USD MILLION)
      • Table SMART BADGE MARKET IN APAC, BY COMMUNICATION, 2017—2025 (USD MILLION)
      • Table SMART BADGE MARKET IN APAC, BY VERTICAL, 2017—2025 (USD MILLION)
      • CHINA
        • Table SMART BADGE MARKET IN CHINA, BY COMMUNICATION, 2017—2025 (USD MILLION)
        • Table SMART BADGE MARKET IN CHINA, BY VERTICAL, 2017—2025 (USD MILLION)
      • INDIA
        • Table SMART BADGE MARKET IN INDIA, BY COMMUNICATION, 2017—2025 (USD MILLION)
        • Table SMART BADGE MARKET IN INDIA, BY VERTICAL, 2017—2025 (USD MILLION)
      • JAPAN
        • Table SMART BADGE MARKET IN JAPAN, BY COMMUNICATION, 2017—2025 (USD MILLION)
        • Table SMART BADGE MARKET IN JAPAN, BY VERTICAL, 2017—2025 (USD MILLION)
      • SOUTH KOREA
        • Table SMART BADGE MARKET IN SOUTH KOREA, BY COMMUNICATION, 2017—2025 (USD MILLION)
        • Table SMART BADGE MARKET IN SOUTH KOREA, BY VERTICAL, 2017—2025 (USD MILLION)
      • REST OF APAC
        • Table SMART BADGE MARKET IN REST OF APAC, BY COMMUNICATION, 2017—2025 (USD MILLION)
        • Table SMART BADGE MARKET IN REST OF APAC, BY VERTICAL, 2017—2025 (USD MILLION
    • ROW
      • Table SMART BADGE MARKET IN ROW, BY REGION, 2017—2025 (USD MILLION)
      • Table SMART BADGE MARKET IN ROW, BY TYPE, 2017—2025 (USD MILLION)
      • Table SMART BADGE MARKET IN ROW, BY COMMUNICATION, 2017—2025 (USD MILLION)
      • Table SMART BADGE MARKET IN ROW, BY VERTICAL, 2017—2025 (USD MILLION)
      • MIDDLE EAST AND AFRICA
        • Table SMART BADGE MARKET IN MIDDLE EAST AND AFRICA, BY COMMUNICATION, 2017—2025 (USD MILLION)
        • Table SMART BADGE MARKET IN MIDDLE EAST AND AFRICA, BY VERTICAL, 2017—2025 (USD MILLION)
      • SOUTH AMERICA
        • Table SMART BADGE MARKET IN SOUTH AMERICA, BY COMMUNICATION, 2017—2025 (USD MILLION)
        • Table SMART BADGE MARKET IN SOUTH AMERICA, BY VERTICAL, 2017—2025 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • SMART BADGE MARKET RANKING ANALYSIS FOR 2019
    • COMPETITIVE SITUATIONS AND TRENDS
      • PRODUCT DEVELOPMENTS, PRODUCT LAUNCHES, AND EXPANSIONS
        • Table PRODUCT DEVELOPMENTS, PRODUCT LAUNCHES, AND EXPANSIONS, 2017–2020
      • PARTNERSHIPS AND CONTRACTS
        • Table PARTNERSHIPS AND CONTRACTS, 2017–2019
      • ACQUISITIONS
        • Table ACQUISITIONS, 2017–2019
  • COMPANY PROFILES
    • INTRODUCTION
    • KEY PLAYERS
      • THALES GROUP (GEMALTO)
      • ASSA ABLOY AB (HID GLOBAL CORPORATION)
      • GIESECKE+DEVRIENT GMBH
      • IDEMIA
      • BRADY WORLDWIDE, INC.
      • EVOLIS
      • IDENTIV, INC.
      • BEAM
      • AIOI-SYSTEMS CO., LTD. (DISPLAY IT CARD)
      • WATCHDATA TECHNOLOGIES
      • IDENTITA
    • OTHER IMPORTANT PLAYERS
      • BLENDOLOGY
      • SQUAROFUMI
      • KONA I
      • PROXFINITY
      • KLIK
      • GLOBAL NET SOLUTIONS (GNS)
      • CARDLOGIX CORPORATION
      • MPICOSYS SOLUTIONS B.V.
      • ABEEWAY
      • HIERSTAR CORP
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATION
    • RELATED REPORTS
    • AUTHOR DETAILS

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