Smart Card Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-852 | Report Format : | Status : Upcoming |

Abstract

Global Smart Card Market: Overview

The smart card is the plastic card with a chip that is either microprocessor or memory based and is embedded on it. It can connect to a reader through direct physical contact or wireless connectivity. The smart card has many applications in the healthcare, banking, telecommunication, and transportation sectors.

Global Smart Card Market: Growth Factors

The global smart card market is fueled due to the increasing use of the technology that makes payment transactions secure. The increasing identity security and benefits of the smart card are the factors driving the global market growth. The rising use of the smart cards in various sectors such as banking, healthcare, and telecommunication has helped the global smart card market to grow continuously. The smart card, in the form of SIM card, used in the telecommunication sector such as mobile phone market is responsible for the escalating growth of the global smart card market. The other factors that lower the global market growth are the rising demand for the smart cards in the government, transport, and payment transaction sectors. The emerging countries or economies have a large demand for the mobile phones, which in turn fuels the global smart card market. The cost saving techniques such as Europay, Visa, and MasterCard escalate the global market. The adoption of smart card services and software in the business strategies in order to increase the revenue helps the market to grow. The increasing use of high-end SIM with LTE providers and NFC-enabled devices also drives the global market.

Global Smart Card Market: Segmentation

The global smart card market is bifurcated on the basis of application, smart card interface, components, and geography. The application segment is further categorized into pay TV, financial services, telecommunications, healthcare, government IDs, transportation, and retail sector. The smart card interface segment is divided into contact interface card and pure contactless interface smart card. The contact interface card segment is further bifurcated into telecommunication sector, hybrid, dual, and contactless interface smart card. The geographical segmentation includes North America, South America, and Asia Pacific.

Global Smart Card Market: Regional Analysis

The Asia-Pacific market is expected to grow at a faster pace due to the increasing demand for the smart card in the different sectors such as government, healthcare, telecommunication, and money transaction sectors. The regions in Asia Pacific such as South Korea, Japan, Hong Kong and Australia are the major regions that drive the global market. The developing countries such as China and India are currently the regions where smart card market is growing due to the increasing population and economic growth rate. The smart card shipment is the highest in the APAC region, which has resulted in the maximum growth of the market in the region. The increasing penetration of mobile phones in the emerging economies such as the Middle East and Asia Pacific boosts the global market. The LATAM card usage is rising in Argentina, Mexico, and Brazil; therefore, these regions are expected to fuel the growth of smart card market, which will attract the global market players.

Global Smart Card Market: Competitive Players

The major players in the global smart card market include CPI Card Group Inc., Insidesecure SA, Infineon Technologies AG, NXP Semiconductors N.V., and Gemalto N.V. The other players in the market are Oberthur Technologies, Devrient GmbH, Watchdata Technologies, Morpho SA, and Giesecke.

Global Smart Card Market: Regional Segment Analysis

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

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Facilities Management Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2794 | Report Format:

Global Facilities Management Market: Overview Facilities management market aims to attain efficient and effective delivery of a variety of support facilities for various firms. It mainly coordinates among the demand and supply services between private and public companies. The current cutthroat ...Read More

Online On-demand Laundry Service Market by Type (Laundry, Dry clean, and Duvet clean); by Application (Residential and Commercial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016– 2024

Apr-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2789 | Report Format:

Report Brief The report covers the forecast and analysis for the online on-demand laundry service market on the global and regional level. The report includes the positive and the negative factors that are influencing the growth of the market. Market opportunities are discussed in detail in th...Read More

DNS Service Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2787 | Report Format:

Global DNS Service Market: Overview The DNS stands for domain name system; it is a way in which the domain names of the internet are sited and are converted into internet protocol addresses. It links different information with domain given names assigned to each one of the joining units. Most si...Read More

SaaS Security Market by Type (Email Protection, Network Protection, Data Loss Prevention, Web Protection, and Identity and Access Protection); by Enterprise Size (Small, Medium, and Large); for End-User (BFSI, Healthcare, Government, Defense, Communication and Technology, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024

Apr-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2786 | Report Format:

The report covers the forecast and analysis for the SaaS security industry market on a global and regional level The report includes the positive and the negative factors that are influencing the growth of the market. Future opportunities are discussed in the report. The report provides histor...Read More

VR Content Creation Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2785 | Report Format:

Global VR Content Creation Market: Overview Various tools used in VR content creation support in the making of virtual assets, for instance, cinematic views and applications. The development of the VR tools is thus considered as the most important advancement, which enabled the customers to desi...Read More

Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.

Quick Inquiry