World Electronic Access Control Systems Market

Clarifying the Return on Investment (ROI) Issue to Companies

Organizations around the world have invested huge sums over the years, in legacy systems. Especially in the case of large organizations, the investment is much higher. To convince these organizations to migrate to an entirely new system that offers better security (e.g. biometrics or smart cards) requires a clear ROI benefit. Systems integrators often find it difficult to quantify the returns from such a migration. Especially when acquisition cost of newer systems is nearly prohibitive, this becomes a crucial challenge to integrators and manufacturers.

Government Initiatives Encourage Technology Adoption

Amidst growing security concerns, governments worldwide have taken the first step to ensure security through technology adoption. Various government projects have been rolled out for national ID and healthcare applications. Many of these projects have adopted state-of-the-art authentication technologies like smart cards and biometrics. This is expected to encourage the private sector to follow suit.

Emergence of Dual Interface Cards

There is a growing need for convergence between physical and logical security systems across organizations. Dual interface smart cards provide the ideal solution for this, with the contact and contactless interfaces for logical and physical access control, respectively. Organizations worldwide are adopting the technology to simplify credentials management.