Smart cards and near field communication (NFC) are set to drive new growth in the $US400 million global access-control credential market, according to a new study by IMS Research. Smart cards are expected to lead the next generation of credentials used for physical access control, representing approximately 40 per cent of the global market. Secondary uses for these credentials include electronic payments and identity management. Blake Kozak, a senior analyst for IMS Research, said NFC and personal identification verification (PIV) will also continue play a role in the technological development of access control.
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