Smart Card Market - Global Industry Analysis

Smart Card Market by Type (Contact and Contact Less), by Component (Hardware, Smart Card, Readers, Software, and Services), and by Application (BFSI, Government, Telecommunication, Healthcare, Hospitality, Transportation, Retail, and Others): Global industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 09-Apr-2019 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-852 Status : Published

Global smart card market expected to reach approximately USD 25.26 billion by 2025, at a CAGR of 8.6% between 2019 and 2025. The rising demand for electronic payment methods is rapidly replacing cash transactions due to its secure and reliable operations.

Description

The report covers a forecast and an analysis of the smart card market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The study includes drivers and restraints of the smart card market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the smart card market on a global level.

In order to give the users of this report a comprehensive view of the smart card market, we have included a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the smart card market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness. 

Global Smart Card Market

The global smart card market is segmented based on type, component, application, and region. The type segment is divided into contact and contact less. The component segment includes hardware, smart card, readers, software, and services. Application segment is sectored into BFSI, government, telecommunication, healthcare, hospitality, transportation, retail, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further segmentation into major countries including the U.S., France, UK, Germany, China, Japan, India, and Brazil, among others.

Some key participants of the global smart card market include Giesecke & Devrient GmbH, Infineon Technologies AG, Gemalto N.V., IDEMIA France SAS, NXP Semiconductors N.V., Sony Corporation, Samsung Electronics Co., Ltd, STMicroelectronics N.V., Beijing Watchdata Co. Ltd., KONA I Co., Ltd., and OT-Morpho.

This report segments the global smart card market as follows:

Global Smart Card Market: Type Analysis

  • Contact
  • Contact Less

Global Smart Card Market: Component Analysis

  • Hardware 
  • Smart Card
  • Readers
  • Software
  • Services 

Global Smart Card Market: Application Analysis

  • BFSI
  • Government
  • Telecommunications
  • Healthcare
  • Hospitality
  • Transportation
  • Retail
  • Others

Global Smart Card Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Smart Card Market, 2016-2025 (USD Billion)
    • 2.2. Global Smart Card Market: Snapshot
  •  
  • Chapter 3. Smart Card Market - Industry Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Global Smart Card Market Drivers: Impact Analysis
      • 3.2.2. Rising demand for electronic payment methods
    • 3.3. Market Restraints
      • 3.3.1. Risk of losing cards
    • 3.4. Opportunities
      • 3.4.1. Convergence of powered smart cards with additional services
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market Attractiveness Analysis, by Type
      • 3.6.2. Market Attractiveness Analysis, by Component
      • 3.6.3. Market Attractiveness Analysis, by Application
      • 3.6.4. Market Attractiveness Analysis, by Region
  •  
  • Chapter 4. Global Smart Card Market - Competitive Landscape
    • 4.1. Company Market Share Analysis (Subject to Data Availability)
      • 4.1.1. Global Smart Card Market: Company Market Share, 2018
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 4.2.4. Research and Development and Regional Expansion
  •  
  • Chapter 5. Global Smart Card Market -Type Analysis
    • 5.1. Global Smart Card Market: Type Overview
      • 5.1.1. Global Smart Card Market Revenue Share, by Type, 2018 and 2025
    • 5.2. Contact Card
      • 5.2.1. Global Smart Card Market by Contact Card, 2016-2025 (USD Billion)
    • 5.3. Contact Less
      • 5.3.1. Global Smart Card Market by Contact Less, 2016-2025 (USD Billion)
  •  
  • Chapter 6. Global Smart Card Market - Component Analysis
    • 6.1. Global Smart Card Market: Component Overview
      • 6.1.1. Global Smart Card Market Revenue Share, by Component, 2018 and 2025
    • 6.2. Hardware
      • 6.2.1. Global Smart Card Market by Hardware,2016-2025 (USD Billion)
    • 6.3. Smart card
      • 6.3.1. Global Smart Card Market by Smart card,2016-2025 (USD Billion)
    • 6.4. Readers
      • 6.4.1. Global Smart Card Market by Readers,2016-2025 (USD Billion)
    • 6.5. Software
      • 6.5.1. Global Smart Card Market by Software, 2016-2025 (USD Billion)
    • 6.6. Services
      • 6.6.1. Global Smart Card Market by Services, 2016-2025 (USD Billion)
  •  
  • Chapter 7. Global Smart Card Market - Application Analysis
    • 7.1. Global Smart Card Market: Application Overview
      • 7.1.1. Global Smart Card Market Revenue Share, by Application, 2018 and 2025
    • 7.2. BFSI
      • 7.2.1. Global Smart Card Market for BFSI, 2016-2025 (USD Billion)
    • 7.3. Government
      • 7.3.1. Global Smart Card Market for Government, 2016-2025 (USD Billion)
    • 7.4. Telecommunication
      • 7.4.1. Global Smart Card Market for Telecommunication, 2016-2025 (USD Billion)
    • 7.5. Healthcare
      • 7.5.1. Global Smart Card Market for Healthcare, 2016-2025 (USD Billion)
    • 7.6. Hospitality
      • 7.6.1. Global Smart Card Market for Hospitality, 2016-2025 (USD Billion)
    • 7.7. Transportation
      • 7.7.1. Global Smart Card Market for Transportation, 2016-2025 (USD Billion)
    • 7.8. Retail
      • 7.8.1. Global Smart Card Market for Retail, 2016-2025 (USD Billion)
    • 7.9. Others
      • 7.9.1. Global Smart Card Market for Others, 2016-2025 (USD Billion)
  •  
  • Chapter 8. Global Smart Card Market - Regional Analysis
    • 8.1. Global Smart Card Market: Regional Overview
      • 8.1.1. Global Smart Card Market Revenue Share, by Region, 2018 and 2025
    • 8.2. North America
      • 8.2.1. North America Smart Card Market,2016-2025 (USD Billion)
      • 8.2.2. North America Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
      • 8.2.3. North America Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
      • 8.2.4. North America Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.2.5. The U.S.
        • 8.2.5.1. The U.S. Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.2.5.2. The U.S. Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.2.5.3. The U.S. Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.2.6. Canada
        • 8.2.6.1. Canada Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.2.6.2. Canada Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.2.6.3. Canada Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.2.7. Mexico
        • 8.2.7.1. Mexico Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.2.7.2. Mexico Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.2.7.3. Mexico Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
    • 8.3. Europe
      • 8.3.1. Europe Smart Card Market, 2016-2025 (USD Billion)
      • 8.3.2. Europe Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
      • 8.3.3. Europe Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
      • 8.3.4. Europe Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.3.5. UK
        • 8.3.5.1. UK Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.3.5.2. UK Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.3.5.3. UK Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.3.6. France
        • 8.3.6.1. France Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.3.6.2. France Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.3.6.3. France Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.3.7. Germany
        • 8.3.7.1. Germany Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.3.7.2. Germany Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.3.7.3. Germany Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.3.8. Rest of Europe
        • 8.3.8.1. Rest Of Europe Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.3.8.2. Rest Of Europe Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.3.8.3. Rest Of Europe Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Smart Card Market, 2016-2025 (USD Billion)
      • 8.4.2. Asia Pacific Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
      • 8.4.3. Asia Pacific Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
      • 8.4.4. Asia Pacific Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.4.5. China
        • 8.4.5.1. China Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.4.5.2. China Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.4.5.3. China Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.4.6. Japan
        • 8.4.6.1. Japan Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.4.6.2. Japan Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.4.6.3. Japan Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.4.7. India
        • 8.4.7.1. India Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.4.7.2. India Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.4.7.3. India Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.4.8. South Korea
        • 8.4.8.1. South Korea Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.4.8.2. South Korea Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.4.8.3. South Korea Smart Card Market Revenue, by Application, 2016-2025 (USD Billion).
      • 8.4.9. Rest of Asia Pacific
        • 8.4.9.1. Rest of Asia Pacific Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.4.9.2. Rest of Asia Pacific Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.4.9.3. Rest of Asia Pacific Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Latin America Smart Card Market, 2016-2025 (USD Billion)
      • 8.5.2. Latin America Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
      • 8.5.3. Latin America Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
      • 8.5.4. Latin America Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.5.5. Brazil
        • 8.5.5.1. Brazil Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.5.5.2. Brazil Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.5.5.3. Brazil Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.5.6. Argentina
        • 8.5.6.1. Argentina Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.5.6.2. Argentina Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.5.6.3. Argentina Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa Smart Card Market, 2016-2025 (USD Billion)
      • 8.6.2. The Middle East and Africa Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
      • 8.6.3. The Middle East and Africa Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
      • 8.6.4. The Middle East and Africa Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.6.5. GCC Countries
        • 8.6.5.1. GCC Countries Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.6.5.2. GCC Countries Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.6.5.3. GCC Countries Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.6.6. Rest of MEA
        • 8.6.6.1. Rest of MEA Smart Card Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.6.6.2. Rest of MEA Smart Card Market Revenue, by Component, 2016-2025 (USD Billion)
        • 8.6.6.3. Rest of MEA Smart Card Market Revenue, by Application, 2016-2025 (USD Billion)
  •  
  • Chapter 9. Company Profile
    • 9.1. Giesecke & Devrient GmbH
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent development
    • 9.2. Infineon Technologies AG
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Development
    • 9.3. Gemalto N.V.
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Development
    • 9.4. IDEMIA France SAS
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Development
    • 9.5. NXP Semiconductors N.V.
      • 9.5.1. Overview
      • 9.5.2. Financial
      • 9.5.3. Product Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Development
    • 9.6. Sony Corporation
      • 9.6.1. Overview
      • 9.6.2. Financial
      • 9.6.3. Product portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Development
    • 9.7. Samsung Electronics Co., Ltd.
      • 9.7.1. Overview
      • 9.7.2. Financial
      • 9.7.3. Product portfolio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Development
    • 9.8. STMicroelectronics N.V.
      • 9.8.1. Overview
      • 9.8.2. Financial
      • 9.8.3. Product Portfolio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Development
    • 9.9. Beijing Watchdata Co. Ltd.
      • 9.9.1. Overview
      • 9.9.2. Financial
      • 9.9.3. Product Portfolio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Development
    • 9.10. KONA I Co., Ltd.
      • 9.10.1. Overview
      • 9.10.2. Financial
      • 9.10.3. Product Portfolio
      • 9.10.4. Business Strategy
      • 9.10.5. Recent Development
    • 9.11. OT-Morpho
      • 9.11.1. Overview
      • 9.11.2. Financial
      • 9.11.3. Product Portfolio
      • 9.11.4. Business Strategy
      • 9.11.5. Recent Development

Table Of Figures

List of Figures

1. Market Research Process
2. Market Research Methodology
3. Global Smart Card Market Revenue, 2016–2025 (USD Billion)
4. Porter’s Five Forces Analysis 
5. Global Smart Card Market: Market Attractiveness Analysis, by Type
6. Global Smart Card Market: Market Attractiveness Analysis, by Component
7. Global Smart Card Market: Market Attractiveness Analysis, by Application
8. Global Smart Card Market: Market Attractiveness Analysis, by Region
9. Global Smart Card Market Revenue Share, by Type, 2018 & 2025
10. Global Smart Card Market by Contact cards, 2016–2025 (USD Billion)
11. Global Smart Card Market by Contactless cards, 2016–2025 (USD Billion)
12. Global Smart Card Market Revenue Share, by Component, 2018 & 2025
13. Global Smart Card Market by Hardware, 2016–2025 (USD Billion)
14. Global Smart Card Market by Smart Card, 2016–2025 (USD Billion)
15. Global Smart Card Market by Readers, 2016–2025 (USD Billion)
16. Global Smart Card Market by Software, 2016–2025 (USD Billion)
17. Global Smart Card Market by Services, 2016–2025 (USD Billion)
18. Global Smart Card Market Revenue Share, by Application, 2018 & 2025
19. Global Smart Card Market for BFSI, 2016–2025 (USD Billion)
20. Global Smart Card Market for Government, 2016–2025 (USD Billion)
21. Global Smart Card Market for Telecommunication, 2016–2025 (USD Billion)
22. Global Smart Card Market for Healthcare, 2016–2025 (USD Billion)
23. Global Smart Card Market for Hospitality, 2016–2025 (USD Billion)
24. Global Smart Card Market for Transportation, 2016–2025 (USD Billion)
25. Global Smart Card Market for Retail, 2016–2025 (USD Billion)
26. Global Smart Card Market for Others, 2016–2025 (USD Billion)
27. Global Smart Card Market Revenue Share, by Region, 2018 & 2025
28. North America Smart Card Market, 2016–2025 (USD Billion)
29. Europe Smart Card Market, 2016–2025 (USD Billion)
30. Asia Pacific Smart Card Market, 2016–2025 (USD Billion)
31. Latin America Smart Card Market,2016–2025 (USD Billion)
32. The Middle East and Africa Smart Card Market, 2016–2025 (USD Billion)


Table Of Tables

List of Tables

1. Smart Card Market: Market Snapshot                              
2. Drivers of Global Smart Card Market: Impact Analysis 
3. Restraints of Global Smart Card Market: Impact Analysis 
4. North America Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
5. North America Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
6. North America Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
7. The U.S. Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
8. The U.S. Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
9. The U.S. Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
10. Canada Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
11. Canada Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
12. Canada Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
13. Mexico Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
14. Mexico Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
15. Mexico Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
16. Europe Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
17. Europe Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
18. Europe Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
19. UK Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
20. UK Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
21. UK Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
22. France Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
23. France Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
24. France Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
25. Germany Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
26. Germany Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
27. Germany Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
28. Rest of Europe Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
29. Rest of Europe Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
30. Rest of Europe Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
31. Asia Pacific Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
32. Asia Pacific Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
33. Asia Pacific Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
34. China Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
35. China Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
36. China Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
37. Japan Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
38. Japan Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
39. Japan Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
40. India Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
41. India Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
42. India Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
43. South Korea Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
44. South Korea Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
45. South Korea Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
46. Rest of Asia Pacific Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
47. Rest of Asia Pacific Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
48. Rest of Asia Pacific Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
49. Latin America Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
50. Latin America Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
51. Latin America Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
52. Brazil Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
53. Brazil Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
54. Brazil Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
55. Argentina Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
56. Argentina Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
57. Argentina Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
58. Rest of Latin America Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
59. Rest of Latin America Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
60. Rest of Latin America Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
61. The Middle East and Africa Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
62. The Middle East and Africa Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
63. The Middle East and Africa Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
64. GCC Countries Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
65. GCC Countries Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
66. GCC Countries Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)
67. Rest of MEA Smart Card Market Revenue, by Type, 2016–2025 (USD Billion)
68. Rest of MEA Smart Card Market Revenue, by Component, 2016–2025 (USD Billion)
69. Rest of MEA Smart Card Market Revenue, by Application, 2016–2025 (USD Billion)

Methodology

Free Analysis

A smart card is embedded with an integrated chip that enables financial and non-financial transactions via short period wireless connectivity standards like Near-Field Communication (NFC) and Radio-Frequency Identification (RFID). The smart card market globally is expected to grow notably over the forecast time period, due to the rising demand for online payment methods, thereby saving time and cost without human intervention and errors. With the rising use of smart cards, the transportation sector is adopting the same and accepting payments via Europay, MasterCard, and Visa (EMV)/Online.

Smart cards are majorly used in the telecommunication sector globally as telephone cards and prepaid. It is also used as Universal Integrated Circuit Card (UICC) in mobile phones, microprocessor smart card - based SIM or Subscriber Identity Module. This is contributing to the growth of the global smart card industry. Smart cards are generally used to make secure and smooth transactions and mainly used to eliminate cash transaction or promote cashless payments. Moreover, it can be utilized for buying movie tickets, metro tickets, making transactions, etc. The rising demand for electronic payment methods is rapidly replacing cash transactions due to its secure and reliable operations. However, the high cost of shifting to smart cards, technical challenges faced by retailers or business, and the risk of losing contactless cards may hinder the smart card market growth.

Global Smart Card Market

The global smart card market is segmented based on type, component, and application. The type segment is divided into contact and contact less. Contactless cards are expected to grow at a considerable rate in the future as they are extensively used by the financial sector. The component segment includes hardware, smart card, readers, software, and services. The hardware segment is predicted to hold the largest share of the smart card market over the forecast time period. The software segment consists of databases and management system software programs. Management system software helps in verifying certain information of a person with stored facts in a particular database. Additionally, support, maintenance, and consulting are some of the core activities while implementing smart card systems. Application segment is sectored into BFSI, government, telecommunication, healthcare, hospitality, transportation, retail, and others.

By region, the Middle Eastern and African smart card market is expected to grow at a considerable rate over the forecast time period. The region offers a wide range of smart card solutions for organizations, educational institutions, and companies. Moreover, the United Arab Emirates is among the leading ID card printers, which also offers customer loyalty card printing solutions and unique E-purses. Companies in the Middle East are installing access control technology to extend the capabilities of smart cards or phones, which enables consumers to unlock doors and access common activity areas at the workplace.

Some key participants of the global smart card market include Giesecke & Devrient GmbH, Infineon Technologies AG, Gemalto N.V., IDEMIA France SAS, NXP Semiconductors N.V., Sony Corporation, Samsung Electronics Co., Ltd, STMicroelectronics N.V., Beijing Watchdata Co. Ltd., KONA I Co., Ltd., and OT-Morpho.

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We Accept

We have secured system to process your transaction.

  • paypal
  • amazon
  • visa
  • master card

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed