Key Strategies Adopted by Major Leaders of the Smart Cards Industry
Smart cards are pocket-sized cards that are embedded with integrated circuits. Smart cards can be used in many sectors such as banking, financial services, and insurance (BFSI); transportation; government; and healthcare for identification and authentication. They provide individuals with authorized access to secured premises of an organization to ensure data security and confidentiality. Smart cards are used for various applications such as payments and transit ticketing.
During 2017, the contact-based segment accounted for the major shares of the smart cards market. The high adoption of contact-based smart cards for access controls and identification will be the major factor contributing to the growth of this industry segment in the coming years. This in turn, will have a positive impact on the smart cards market size and share.
The telecom industry will be the major end-user segment to the smart cards market until 2023. The increasing demand for cellular phone connections drives the segments growth in this global market. The demand for smartcards is directly connected with the demand for smartphones and tablets as these cards are integrated within the devices.
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The global Smart Cards market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Smart Cards volume and value at global level, regional level and company level. From a global perspective, this report represents overall Smart Cards market size by analyzing historical data and future prospect. Regionally, this report categorizes the production, apparent consumption, export and import of Smart Cards in North America, Europe, China, Japan, Southeast Asia and India.
The following manufacturers are covered:
- Gemalto
- Giesecke & Devrient
- Oberthur Technologies
- Morpho (Safran)
- VALID
- Eastcompeace
- Wuhan Tianyu
- Datang
- Kona I
- CPI Card Group
- Watchdata Systems Co. Ltd
- Hengbao
Segment by Regions
- North America
- Europe
- China
- Japan
- Southeast Asia
- India
Segment by Type
- Contact-Based
- Contactless
Segment by Application
- Telecom
- Government
- BFSI
- Transportation
- Healthcare
- Other
Highlights of the Global Smart Cards market report:
- A complete framework analysis, including an assessment of the parent market
- An empirical assessment of the trajectory of the market
- Market segmentation up to the second or third level
- Report and evaluation of recent industrial developments
- Major changes in market dynamics
- Emerging niche segments and regional markets
- Historical, present, and prospective size of the market from the perspective of both value and volume
- Market shares and strategies of leading players
- Recommendations to companies to substantiate their foothold in the market
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