Access to Apple's NFC Chip Could Spur New Growth in Mobile Access Control Credentials

摘要

Fewer than I million mobile credentials were downloaded by end users of mobile access solutions in 2016. However, this number is expected to increase rapidly during the next five years, reaching 44 million downloads by 2021. The reason for the strong growth is two-fold. Market sentiment reveals that the use of mobile credentials in access control is not only a strong value proposition on its own, but it also holds the potential to unlock a more integrated and better value system for the end user while also creating new services that can support new revenue streams for providers of mobile access going forward. Also, mobile credentials are currently not competing against physical cards, but instead are being marketed as a complement to traditional offerings; therefore, the potential market is much larger.