NXP’s MIFARE to maintain its position in the contactless ticketing market 9. February 2017
ABI Research forecasts global contactless ticketing shipments to top 460 million in 2017
ABI Research forecasts global contactless ticketing shipments to top 460 million in 2017, up from the 427 million delivered in 2016. NXP’s range of MIFARE® products continue on the market, with MIFARE Classic®, MIFARE Plus®, and MIFARE® DESFire® contactless ICs achieving a good market share in 2016.
“Many still view the contactless ticketing market as a protocol battle field, with the likes of MIFARE, CIPURSE, and Calypso all competing for projects and market share,” says Phil Sealy, Senior Analyst at ABI Research. “However, today’s protocol battles could soon end as several transportation authorities look toward the future of multi-protocol support. While it is still at a very early stage and, at best, an underlying trend, it will be interesting to see if multi-protocol support gains significant momentum and drives market competition, and ultimately more competitive pricing, in the years ahead.”
ABI Research views multi-protocol support as a positive enabler, opening a multitude of payment choices on mass transit systems, as well as driving competition between suppliers. Although multi-protocol support may drive down costs, it could equally be leveraged to enable next-generation technologies, with one protocol used on the traditional smart card form factor and another used for mobile.
These findings are from ABI Research’s Contactless Ticketing Smart Card Technologies and Contactless Ticketing Secure IC Technologies reports.
Source: PR Newswire