Smart Badges: Merging Identity and Technology for Enhanced Engagement

 I projected the global smart badge market size to grow from USD 21.1 billion in 2020 to USD 33.8 billion by 2025; I expect it to grow at a CAGR of 9.9% from 2020 to 2025. The growth of the market is driven benefits, such as multifunctionality and flexibility offered by smart badges, rise in demand for wearable access control devices for security management, and increase in the adoption of smart badges with contactless interfaces. Conversely, factors such as the proliferation of digital IDs and the lack of standardization and consumer awareness act as barriers to the growth of the market.

The smart badge market is highly competitive, with many global and regional players operating in its ecosystem. 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) are some of the leading players in this market. The other players 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 Corp (China).

Thales Group (Gemalto): The company designs and manufactures advanced electrical equipment for the transportation, aerospace, defense, and security sectors. Gemalto (UK) is a subsidiary of Thales Group that develops digital solutions for private and government customer base and manages the activities related to digital identity and security. The company has a unique portfolio of technology that offers secure world digital transformation for payments, border control, IoT, etc. It operates in a range of verticals, such as financial services, government, and transportation. The investments of Gemalto in product developments have substantially increased over the past years. This has helped the company enhance its product portfolio by launching innovative solutions in the smart badge market.

Ask for PDF Brochure — https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=80405991

ASSA ABLOY AB (HID Global Corporation): HID Global Corporation is a subsidiary of Assay Abloy. It manufactures secure identity products. The smart cards offered by HID Global are a complete solution for physical and logical access. It also provides converged solutions for building and computer access, transit payments, cashless vending, etc. The company provides a wide range of smartcard-based credentials in the form of cards, tags, and keyfobs, which enable customers to seamlessly create and manage secure identities during the lifespan of the card.

Giesecke+Devrient GmbH: The company designs, develops, and markets products and solutions related to payments, secure communication, and identity management. It caters to the requirements of various sectors, including BSFI, enterprises and OEMs, healthcare, and public transportation. It also offers products and solutions for mobile network operators and retailers. The company offers its smart cards under various brands such as ActivID, iCLASS, Crescendo, HITAG, Flexsmart, and UltraCard. It has its production facilities, along with research and development centers across the world.

Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1–888–600–6441
sales@marketsandmarkets.com


Comments

Post a Comment

Popular posts from this blog

Smart Beacon Market: Key Market Developments and Innovations in 2023

This report delves into the segmentation of the smart beacon market, focusing on criteria such as beacon standard, connectivity type, offering, end use, and geographical distribution. The overall valuation of the smart beacon market is anticipated to reach USD 19,805.5 Million by 2023, with a notable compound annual growth rate (CAGR) of 56.2% spanning from 2017 to 2023. This impressive growth trajectory is propelled by the widespread adoption of smartphones and a heightened emphasis on leveraging business intelligence for competitive advantages. Smart beacons, also referred to as Bluetooth Low Energy (BLE) beacons, function as proximity sensors that transmit signals utilizing Bluetooth technology. When Bluetooth-enabled devices, such as smartphones or tablets, come within range of these beacons, they activate corresponding applications on the devices, prompting specific actions associated with the beacon signal. Leading players in this market, including Estimote (US), Aruba (A Hewlet
Read more

IoT Sensors Market Analysis Business Opportunity, Growth Factors, and Future Prospects until 2027

The IoT sensors market is expected to grow from USD 8.4 billion in 2021 to USD 29.6 million by 2026; it is expected to grow at a CAGR of 28.6% during 2021–2026. Increasing use of sensors in IoT applications due to cost and size reduction, and technological advancement, and Introduction of 3GPP Release 13 and Release 14 specifications are the key factors driving the growth of the IoT sensors market. The Growth of Internet penetration rate and High demand for connected and wearables devices are factors propelling the growth of the IoT sensors market. Major players in the IoT sensors market include Texas Instruments (US), TE Connectivity (Switzerland), Broadcom (US), NXP Semiconductors (Netherlands), STMicroelectronics (Switzerland), Bosch Sensortec (Germany), TDK (Japan), Infineon Technologies (Germany), Analog Devices (US), Omron (Japan). These players have adopted various growth strategies, such as product launches, expansions, acquisition, collaborations, agreements, and partnerships
Read more

Hardware Security Modules Market Size, Share, Growth Drivers, Global Industry Analysis

The hardware security modules market size is projected to grow from USD 1.2 billion in 2023 to reach USD 2.3 billion by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 13.5% from 2023 to 2028. The growth of the hardware security modules market is driven by increasing data breaches and cyberattacks, need to follow stringent data security compliances, and emergence of digital transactions, electronic payments leading to rise in the need for protecting sensitive financial data. Securing the Future : Hardware Security Modules Market Overview As digital transactions and data storage become the backbone of modern business, the need for robust security measures has never been more pronounced. The Hardware Security Modules Market plays a pivotal role in fortifying the digital landscape against cyber threats, ensuring the confidentiality and integrity of sensitive information. Hardware Security Modules Market Size, Share, and Statistics: Understanding the Landscape At t
Read more