Home > Media & Technology > Next Generation Technologies > Smart Badge Market

Smart Badge Market Share

Report ID: GMI8725
Published Date: Mar 2024
Report Format: PDF

Download Free Sample

Smart Badge Market Share

Assa Abloy Ab (Hid Global Corporation) and Thales Group hold a significant share of over 5% in the smart badge industry. Assa Abloy AB (HID Global Corporation) holds a major market share in the smart badge industry due to its comprehensive range of secure identification solutions. Their innovative technologies, strong global presence, and emphasis on security and reliability make them a trusted provider for various access control applications.

Thales Group holds a significant market share in the smart badge industry by leveraging its advanced security and digital identity technologies. Their commitment to innovation, along with a robust portfolio of smart badge solutions, ensures secure and efficient access control and identification for a broad spectrum of industries.

Smart Badge Market Companies

Major companies operating in the smart badge industry are:

Assa Abloy Ab (Hid Global Corporation)
Thales Group
Giesecke+Devrient Gmbh
Identiv, Inc.
CardLogix Corporation
Dorma+ Kaba Holdings AG
Zebra Technologies Corp.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size of smart badges reached USD 22 billion in 2023 and is set to witness 10.5% CAGR from 2024 to 2032, owing to the growing demand for wearable access control devices worldwide.

The smart badges equipped with a display segment is expected to register over 10% CAGR from 2024-2032, due to offering a more interactive and engaging user experience compared to traditional badges.

Asia Pacific market held over 30% of the revenue share in 2023, attributed to rapid economic growth and urbanization, leading to increased investments in the region.

Assa Abloy Ab (Hid Global Corporation), Thales Group, Giesecke+Devrient Gmbh, Identiv, Inc., CardLogix Corporation, Dorma+ Kaba Holdings AG, and Zebra Technologies Corp., are some of the major smart badge companies worldwide.