Market Snapshot
The application area of integrated circuit technology has advanced from electronic devices to compact cards that can accumulate and retrieve important information using computer systems. Smart cards are pocket-sized cards embedded with integrated circuit chip and majorly used for authentication, application processing, personal identification, and data storage. Currently, the global Smart Cards Market is anticipated to expand at a significant growth rate in the forthcoming years. The widespread application of smart cards in retail, healthcare, hospitality and government sector are majorly driving the global smart cards market. The conversion of conventional debit and credit cards into smart cards have made payment options and financial transactions easier and more convenient for users. Increasing adoption of smart cards in government IDs (e-passports) and also to manage and maintain the credentials of the users as well as extensive use of smart cards in subscriber identification module (SIM) cards in the telecommunication sector are some other factors that are propelling the growth of the global smart cards market.
Report Overview
This MRFR report delivers an unbiased analysis of key market trends in the global smart cards market. It includes a detailed discussion on current market status, historical trends, challenges and growth opportunities backed by fact-based feedbacks. The primary types of smart cards that have been assessed in the report include contact, contactless, hybrid and dual-interface smart cards. The components that are covered in the report are hardware, smart cards, readers, software, services and others. For the analysis of growth opportunities, the application areas that are covered in the report are healthcare, government, BSFI, retail, transportation and others. All the sub-markets that are included in the report are profiled under four major regions such as Europe, Asia Pacific, North America and the rest of the world with respective country-level analysis.
Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/6499
Key Players:
Rambus Inc. (the U.S.), CardLogix Corporation (the U.S.), CPI Card Group Inc. (the U.S.), Identiv, Inc. (the U.S.), VeriFone Systems, Inc. (the U.S.), Gemalto N.V. (Netherlands), Giesecke & Devrient GmbH (Germany), IDEMIA France SAS (France), Infineon Technologies AG (Germany), NXP Semiconductors N.V. (Netherlands), HID Global Corporation (Sweden), STMicroelectronics NV (Switzerland), ZWIPE (Norway), Versasec AB (Sweden), Ingenico Group SA (France), Beijing Watchdata Co. Ltd. (China), , KONA I Co., Ltd. (South Korea), VALID (Brazil), Fingerprint Cards AB (Sweden), BrilliantTS Co. Ltd. (South Korea), Bitel Co. Ltd. (South Korea), Fujian Newland Computer Co., Ltd. (China), Sony Corporation (Japan), Samsung Electronics Co., Ltd. (South Korea), and PAX Global Technology Ltd. (Hong Kong).
Segmental Analysis
For the scope of research, MRFR’s report offers a comprehensive segmental analysis of the global smart cards market
By Type
- Contact
- Contactless
- Hybrid
- Dual-interface
By Component
- Hardware
- Smart Cards
- Readers
- Software
- Services
By Application
- Government
- Healthcare
- BFSI
- Retail
- Transportation
- Education
- Entertainment
- Enterprises
By Region
- North America
- Europe
- Asia Pacific (APAC)
- Rest of the World (RoW)
Regional Analysis
The key markets of the global smart cards market include North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America is a significant growth pocket for the global smart cards market. The rapid adoption of new technology, the concentration of major players in the region supports the growth of the market. The US Department of Defense uses smart cards in their Common Access Card (CAC) and other cards for two- or three-factor authentication. The Europe market for smart cards is also strong, and the region uses smart cards for various applications. Smart cards are mandated by UK’s Department for Transport. Asia Pacific market is driven by the rapid digitization in the region.
Get Complete Report @ https://www.marketresearchfuture.com/reports/smart-cards-market-6499
Report Methodology
MRFR leverages its vast industry expertise for the deliverance of qualitative and quantitative analysis of current market trends, opportunities and challenges in the market. MRFR’s proven research algorithms aids in comparative assessment of fundamental market divergences to provide highly accurate view of market. The combination of primary and secondary research methods ensures objectivity and rich quality of market insights. The collection of primary data is carried out by conducting surveys and first-hand interviews with key opinion makers across the value chain. Secondary research process verifies the authenticity and accuracy of primary data through inputs from SEC filings, white paper references, research publications, paid databases and other credible sources available in public domain. The collaborative top-down and bottom-up approaches combined with strong data triangulation method are utilized for multi-layered verification of collected data which assists business organizations in making impactful business decisions.
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/smart-cards-market-6499