Mobile Credential Reader Market Definition
The mobile credential reader provides access to the mobile credential and converts that information into the code data which is then passed for the interpretation. It provides access control allowing the smartphones authentication in accessing the office, it uses the Bluetooth low energy (BLE) and and near field communication (NFC) technology to read the credential providing secure and safe physical access to users.
The market study is broken down, by Application (Physical Access Control and Converged Access Control) and major geographies with country level splits.
HID Global (United States), Suprema Inc. (South Korea), AMAG Technology (United States), Allegion plc (Ireland), Identiv, Inc. (United States), Honeywell International Inc. (United States), STid (United States), WaveLynx Technologies (United States), Axis Communications AB (Sweden), RF IDeas, Inc. (United States) and Keri Systems, Inc. (United States) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Mobile Credential Reader market by Type, Application and Region.
On the basis of geography, the market of Mobile Credential Reader has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Verticals, the sub-segment i.e. Education will boost the Mobile Credential Reader market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Bluetooth Low Energy (BLE) will boost the Mobile Credential Reader market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Multifactor Authentication (MFA) will boost the Mobile Credential Reader market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 6th July 2020, RF IDEAS, a leading manufacturer of credential readers for logical access and authentication, continues to advance the future of secure mobile access. Developed in partnership with HID Global, the newest addition to the rf IDEAS WAVE ID Mobile reader line supports the HID Mobile Access credential on Bluetooth Low Energy enabled mobile devices.
On 17th August 2020, WaveLynx Technologies announced the launch of its MyPass Mobile Credentials a cloud credential application designed to deliver a safe, secure, and convenient experience to access secured doors using a smartphone. MyPass works seamlessly with WaveLynx Ethos Wiegand/OSDP readers for a touchless experience where users hold their phone to the reader and open a door, supporting COVID-19 guidelines.
- Integration of Artificial Intelligence and Machine Learning in the Mobile Credential Reader
- Prevalence of Smartphones Usage Among Large Population Around the Globe
- Rising Number of Mobile Data Crimes Need the Credential Reading to Provide Safety
- Growing DigitaliSation Around the Globe will Boost the Mobile Credential Reader Market
- The requirement of the Professional to Mange the Mobile Credential Reader
- Stiff Competition with New Entrants in the Mobile Credential Reader Market
Key Target AudienceMobile Credential Reader Providers, Mobile Credential Reader Industrial Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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