Market Overview:
The global smart badge market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart badges with display and the growing adoption of smart badges by various end-use industries such as government and healthcare, corporate, event and entertainment, retail and hospitality, and others.
Product Definition:
A smart badge is a wearable device that allows an individual to control who has access to their personal information. The importance of a smart badge is that it provides security for the individual wearing it by allowing them to selectively share their information with others.
Smart Badges with Display:
Smart Badges with Display is a technology that involves the integration of electronic devices, such as a PDA or smart card, into work uniforms. The electronic device acts as an interface for collecting information and providing data to the central computer system. The collected information includes biometric data such as fingerprint patterns and retina scans along with personal details such as name & designation, ID number, age & gender along with performance indicators like speed etc.
Smart Badges without Display:
Smart Badges are electronic devices that can be worn on a lanyard or wristband and provide access to restricted areas or events. They are similar to traditional identification cards but have the added benefit of being wirelessly connected, allowing users to receive information regarding their location and status at any time.
Application Insights:
The corporate segment accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The high adoption rate of these badges among large enterprises to access internal networks, resources and applications is one of the key factors driving this growth. Furthermore, these smart badges are used for authentication purposes within enterprise networks, which further drives their demand.
The retail and hospitality segment accounted for a significant revenue share in 2017 owing to rising adoption of proximity technologies such as beacons by retailers and hospitality companies respectively. These beacons transmit unique information about a product's availability at a specific location in real-time which enables users with instant information on purchases made at that location (retail) or within (hospitality). This technology also helps reduce counterfeit products sold online by enabling authentication using RFID technology at point-of-sale devices across retail stores thereby boosting market growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. North America has been witnessing increasing adoption of IoT-based smart devices, such as sensors, tags, and tagsets over the last few years. The region is also home to several prominent players operating in this space. These factors have contributed to regional market growth.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to rising government initiatives promoting digitalization across various sectors in countries such as India and China.
The Middle East & Africa region is projected to exhibit a CAGR exceeding 13% from 2018 till 2030 due its rapid development mainly driven by investments from foreign companies especially those based out of South Africa.
Growth Factors:
- Increasing demand for secure and convenient authentication methods
- Proliferation of Bring Your Own Device (BYOD) policies in organizations
- Growing popularity of wearable devices
- Rising number of cyber-attacks and data breaches
- Advances in biometric technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Badge Market Research Report
By Type
Smart Badges with Display, Smart Badges without Display
By Application
Government and Healthcare, Corporate, Event and Entertainment, Retail and Hospitality, Others
By Companies
Thales, ASSA ABLOY, Giesecke+Devrient, Evolis, Identiv, AIOI-SYSTEMS, Watchdata
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Smart Badge Market Report Segments:
The global Smart Badge market is segmented on the basis of:
Types
Smart Badges with Display, Smart Badges without Display
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Government and Healthcare, Corporate, Event and Entertainment, Retail and Hospitality, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thales
- ASSA ABLOY
- Giesecke+Devrient
- Evolis
- Identiv
- AIOI-SYSTEMS
- Watchdata
Highlights of The Smart Badge Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Smart Badges with Display
- Smart Badges without Display
- By Application:
- Government and Healthcare
- Corporate
- Event and Entertainment
- Retail and Hospitality
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Badge Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Smart Badge is a wearable device that can be attached to clothing or carried in a pocket, and it uses sensors to track physical activity and monitor health data. The device collects data such as steps taken, heart rate, sleep quality, and more. This information is then used to provide feedback on how active the user has been throughout the day and help them make healthier choices.
Some of the major players in the smart badge market are Thales, ASSA ABLOY, Giesecke+Devrient, Evolis, Identiv, AIOI-SYSTEMS, Watchdata.
The smart badge market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Badge Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Badge Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Badge Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Badge Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Badge Market Size & Forecast, 2020-2028
4.5.1 Smart Badge Market Size and Y-o-Y Growth
4.5.2 Smart Badge Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Smart Badges with Display
5.2.2 Smart Badges without Display
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Government and Healthcare
6.2.2 Corporate
6.2.3 Event and Entertainment
6.2.4 Retail and Hospitality
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Badge Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Badge Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Smart Badges with Display
9.6.2 Smart Badges without Display
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Government and Healthcare
9.10.2 Corporate
9.10.3 Event and Entertainment
9.10.4 Retail and Hospitality
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Smart Badges with Display
10.6.2 Smart Badges without Display
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Government and Healthcare
10.10.2 Corporate
10.10.3 Event and Entertainment
10.10.4 Retail and Hospitality
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Smart Badges with Display
11.6.2 Smart Badges without Display
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Government and Healthcare
11.10.2 Corporate
11.10.3 Event and Entertainment
11.10.4 Retail and Hospitality
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Smart Badges with Display
12.6.2 Smart Badges without Display
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Government and Healthcare
12.10.2 Corporate
12.10.3 Event and Entertainment
12.10.4 Retail and Hospitality
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Smart Badges with Display
13.6.2 Smart Badges without Display
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Government and Healthcare
13.10.2 Corporate
13.10.3 Event and Entertainment
13.10.4 Retail and Hospitality
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Badge Market: Competitive Dashboard
14.2 Global Smart Badge Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thales
14.3.2 ASSA ABLOY
14.3.3 Giesecke+Devrient
14.3.4 Evolis
14.3.5 Identiv
14.3.6 AIOI-SYSTEMS
14.3.7 Watchdata
