News
Global Access Control Smart Cards market to Reach $448 million by 2015,
GIA announces the release of a comprehensive global report on Corporate Access Control Smart Cards market. Security concerns with growing incidents of crime and violence are driving organizations and universities across the world to adopt enhanced and sophisticated access control technologies, such as smart cards. The market for smart cards was restricted earlier as the security situation then did not call for deploying such sophisticated access control technologies. However, with the growth in demand for such equipment, the smart cards market is on the rise.
San Jose, California (PRWEB), June 23, 2009 - Global Corporate Access Control Smart Cards Market is projected to reach $448 million in revenues by 2015. Europe represents the largest market for corporate access control smart cards. North America is expected to offer the highest growth potential for corporate access control smart cards in terms of unit shipments as well as revenues. Growing security concerns and Government initiatives are influencing the uptake of smart cards in corporate access control functions. Declining prices and higher interoperability, besides increased usage in entertainment and educational centers are driving the corporate access control smart cards market further.
Corporate Dual Access Control Smart Cards Market, which encompass both physical and logical access control technologies, is the largest and the fastest growing segment. The evolution of corporate environment and the subsequent advancement in corporate security has resulted in an increased demand for dual access control smart cards.
Physical access control smart cards are finding an increased uptake in the corporate market, as the enterprises continue to face the issue of trespassing, which is proving to be one of the major challenges for enterprise security. Increasing incidents of information fraud and network misuse by unauthorized or terminated employees is resulting in access control to key applications, and safeguarding sensitive enterprise information is becoming imperative in the present day enterprise functioning. Growing remote accessibility and increased availability of flexible work options for employees, requiring wireless connectivity also creates the need to have sophisticated and secure logical access control technologies, such as smart cards.
These and other market data and trends are presented in "Corporate Access Control Smart Cards: A Global Strategic Business Report" announced by Global Industry Analysts, Inc. This new market research report discusses the prevailing trends, issues, demand forecasts, and activities that affect the industry. The global corporate access control smart cards market is analyzed by annual shipments and revenues in Million Units and US$ Million respectively. The market is analyzed further by the following segments - Physical Access Control Smart Cards, Logical Access Control Smart Cards, and Dual Access Control Smart Cards. Major regional markets analyzed in the report include North America, Europe, Asia-Pacific, and Rest of World. Analytics for the period 2006-2015 provide a comprehensive understanding of the market.
Dominant global players profiled in the report include ActivIdentity Corporation, Advanced Card Systems Ltd, ASK, CardLogix Corporation, CPI Card Group, Fujitsu Microelectronics Limited, Gemalto NV, Giesecke & Devrient GmbH, HID Global Corporation, Incard SpA, Infineon Technologies AG, Inside Contactless, IRIS Corporation Berhad, NedCard B.V., NXP Semiconductors, On Track Innovations Ltd, RSA, The Security Division of EMC, Oberthur Card Systems, Sagem Orga, Samsung Electronics Co., Ltd, Sony Corporation, STMicroelectronics, Toppan Printing Co., Ltd. and Watchdata System Co. Ltd. among others. The study enumerates recent developments, mergers, acquisitions, and other strategic industry activities, and is an easy guide to What, Why, When, How, Where, and Who of the industry.