Related tags: ABI Research, RFID, transportation, smart cards
ABI Research forecasts 2.1 billion contactless credentials will ship into the transportation and ticketing market in 2018; a combination of smart cards and limited use RFID solutions. Shipment forecasts for 2018 are just over double that achieved in 2012.
MiFare solutions continued to account for the lion's share of shipments, at just over 80 percent of all contactless ticketing credentials deployed in 2012. Although ABI Research expects it to remain as the number one solution of choice, new standards coming to market, including CiPurse and a fast increasing "others" category will reduce MiFare's share to a forecasted 69 percent in 2018.
The market continues to evolve at a fast pace and further fragmentation is expected as government's worldwide look at implementing national standards in a bid to guarantee interoperability, enabling cross-authority travel with single credentials. ITSO in the UK and VDV in Germany are just two examples, with China also mandating migration to a new localized standard. Although local standards may use a well-known technology as its backbone, it is likely that the solutions will be certified under local names.
Overall shipment growth is forecast to maintain double-digit YoY growth rates over the next five years; however, shipments of memory-based smart cards are falling, having already decreased by 4 percent between 2012 and 2013.
Research analyst Phil Sealy comments, "The demise of the memory card market is expected, although it's happening a little sooner than initially predicted. Transport authorities are pressing hard to adopt higher-end applications and migrate to next generation credentials offering improved security and a platform to enable multi-application functionality."
Breakthrough “last mile” technology sees InfiNet Wireless in homes across the globe
VCA strengthens its sales team
Global surveillance & security market to exceed $100 billion by 2020
"Shep" Sheppard returns to Farpointe Data as Key Accounts Sales Manager
Global video analytics market to grow at 25.2% CAGR from now to 2022: report
Richard Lee joins Wavestore as key account manager for UK
Wharton “Skip” Lochte joins Sony Electronics' security systems division as Southeast security manager
Synectics to Showcase Surveillance Solutions at Offshore Europe
Partizan IPD-VF2MP-IR – Now with PoE and Audio System!
CTC Union Launches New Industrial Core Switches - ICS-G24S4X, ICS-G24S2X
Wide Temperature & EW-FL : Full IP65 Multi Touch Panel PC - Become The Best Helper Enterprises !!
Face Recognition, the perfect solution for Buhari Restaurant's franchise
Copyright © 2015. Messe Frankfurt New Era Business Media Ltd. All rights reserved.