Free press releases distribution network?

Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



New Opportunities for Smart Card Readers from Online Authentication and Contactless Payment - E-passports, national ID, drivers’ license and transit are also large markets for smart card readers in the medium term. The market opportunities from the government projects will grow tremendously in the medium term, which opens up market prospects.
New Opportunities for Smart Card Readers from Online Authentication and Contactless Payment

 

PRZOOM - /newswire/ - Palo Alto, CA, United States, 2006/03/13 - E-passports, national ID, drivers’ license and transit are also large markets for smart card readers in the medium term. The market opportunities from the government projects will grow tremendously in the medium term, which opens up market prospects..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The largest potential growth in the smart card readers and chipsets market over the short term has to come in the form of migration to next generation payment technology. EMV migration in Europe, Asia Pacific and Latin America along with contactless payment in the United States is the most important application supporting the growth in the readers and chipsets market.

E-passports, national ID, drivers’ license and transit are also large markets for smart card readers in the medium term. The market opportunities from the government projects will grow tremendously in the medium term, which opens up numerous lucrative market opportunities.

New analysis from Frost & Sullivan (smartcard.frost.com), World Smart Card Readers and Chipsets Markets, reveals that the market generated 6.9 million on units in 2004 and estimates to reach 33.0 million in 2010.

If you are interested in a virtual brochure, which provides manufacturers, end-users, and other industry participants with an overview of the latest analysis of the World Smart Card Readers and Chipsets Markets then send an e-mail to Tori Foster - Corporate Communications at tori.foster[.]frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state and country. We will send you the information via email upon receipt of the above information.

“With banks shifting their business model to online banking the rate of growth in the smart card readers segment will be decided by whether the banks adopt PC-link readers or USB keys for user authentication,” said Frost & Sullivan Industry Manager Anoop Ubhey.

There are better cryptographic algorithms available that make online authentication secure. EMV payment cards can be configured to contain digital signatures and keys for online authentication. It is more economical for banks to migrate to online banking than continue with the ‘brick and click’ model. In addition, with most enterprises and government agencies going in for logical access to their networks the smart card reader infrastructure will become commonplace making the transition easier.

“USB dongles and USB keys are giving fierce competition for smart card readers in the logical access market,” says Frost & Sullivan Research Analyst Alejandra Etcharran. “With this market dominated by many small manufacturers, if the authentication market does not adopt smart card readers as a standard then the larger manufacturers will lose market share in this sector.”

To overcome or stop any real threat coming from the smaller manufacturers a careful monitoring of the logical access control market must be put in place. Taking on the smaller manufacturers on the price front would be difficult but they can be countered through volumes and innovative product offerings. Offering value adds, in terms of software and service to issuers is another one, which might prove to be more successful in the medium term. Using such tactics will allow you more time to dampen the approach from these companies.

World Smart Card Readers and Chipsets Markets is a part of the 9206 subscription, provides an overview and outlook for the market. This study has been segmented into analysis by type of smart card readers and by geographic region analyses. This research includes detailed market opportunities, industry trends and detailed competitive analysis that have been evaluated following extensive interviews with market participants. Interviews are available to the press.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Electronics/Instrumentation/RFID articles,
CATCH Visitors via Your Competitors Announcements!


New Opportunities for Smart Card Readers from Online Authentication and Contactless Payment

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Tori Foster 
210.477.8448 tori.foster[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Electronics/Instrumentation/RFID via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Electronics/Instrumentation/RFID Most Recent Related Press Releases:

Bruker Introduces New Clinical Microbiology Assays and Kits at ECCMID
Infineon Joins the 5G Automotive Association to Contribute to Connected Automated Driving
Voith Partners 2ith Persistent Systems, LLC to Offer Unique Radio Technology for Industrial Environments
Spellman High Voltage Electronics to Exhibit at the International Technical Exhibition of Medical Imaging 2017 (ITEM)
Curtiss-Wright Introduces Cost-Effective COTS-based Radiation-Tolerant Data Acquisition System for Space Based Applications
Tiempo Secure Introduces TESIC-SE Secure Element Associating High Security with Low Power for the IoT Market
Curtiss-Wright and WOLF Advanced Technology Collaborate to Bring Advanced NVIDIA Maxwell and Pascal GPGPU COTS Solutions to ISR/EW Applications
Signaling Continued Investment in China, Bruker Open Beijing Center of Excellence
Bluestar Introduces New ISV Connect Program
Bruker Introduces Novel NMR Solutions at ENC 2017

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com

Visit  JobsWare.com







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today