Global Smart Card Market by Type (Contactless, Contact-based and other Card Type), by End-User (BFSI, Retail, Government, Healthcare, IT and Telecommunication, Other End-user Industries), by Application (Ticketing, Identity Management, Security and Payments, Access Management, and Others), by Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America); Trend Analysis, Competitive Market Share & Forecast, 2016-2026
- Published Date: January 2020
- Report ID: BWC19372
- Available Format: PDF
- Page: 125
Global Smart Card Market: Overview
A smart card is a pocket-sized card, made of plastic, and installed with incorporated circuits, otherwise called microchips. They are utilized for security purposes like verification, distinguishing proof, information stockpiling, and application handling. Brilliant Cards are generally utilized in parts, for example, BFSI, Government, Transportation, and Healthcare. They can be extensively characterized into two sorts: contact-based and contactless. Contactless smart cards are utilized by utilizing radio recurrence among cards and a per user that requires no physical addition. Thus, contactless shrewd cards have quicker applications and are considerably easier to understand than contact-based smart cards.
The global smart card market is developing with a few innovative headways, for example, control reaping, the most recent engineering, for example, System-on-Chip (SOC), and unique mark sensor producing. A few industry players are trying biometric installment cards and it is normal that over the estimate course of events, savvy installment cards will turn into a significant customer item to be coordinated with implanted biometrics. Dual interface smart card market is ready to develop over a few enterprises including banking, retail, transport, government, and so forth. That have bigger memory prerequisites than a standard card, high security, and double interfaces.
In contrast to hybrid cards, double interface cards are installed with a solitary chip that can be gotten to either through an inserted receiving wire or contact cushions. Be that as it may, crossover cards are implanted with at least two chip advancements, for example, contact keen chip with contactless chip, contact pads, proximity chip, etc. and so forth. Double interface cards offer convenience and are exceptionally secure. In the transportation business; for example, the cash can be safely stacked utilizing the contact interface and clients can make exchanges during travel utilizing the contactless interface.
Noteworthy development in the general smart card industry throughout the years has been empowering players in the smart card market to create arrangements coordinated with exceptionally propelled programming for explicit industry prerequisites. A few programming arrangement organizations are springing up in the market offering SDKs for various industry verticals to help explicit producer's card portfolio.
Global Smart Card Market: Type Insight
The Global Smart Card Market is segmented on the basis of its type, application, end-user industry and regional demand. Based on its type, the market is divided into contactless, contact-based and other card type. On the basis of its end-user industry, the market is bifurcated into BFSI, Retail, Government, Healthcare, IT and Telecommunication, Other End-user Industries. Based on its application, the market is segmented into ticketing, identity management, security & payments, access management, and others. Geographically, the Global Smart Card Market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Global Smart Card Market: Regional Insight
The smart card market in Asia-Pacific is relied upon to observe critical development in the conjecture time frame inferable from the expanding request in creating nations, for example, India, China, Malaysia, and Thailand, which are coordinating smart cards in the transportation, BFSI, retail, government, and social insurance areas. Organizations in accordance with government activities in these nations are executing brilliant cards to make the procedure of installments and documentation simple for purchasers. Singapore is quick coming as a center for contactless installments in APAC. Smart Card exchanges represent the greater part of all card-based exchanges in Singapore. Government activities in nations of this district are required to go about as the significant drivers for the smart card demand.
Global Smart Card Market: Competitive Insight
The major players in the Global Smart Card Market include prominent names like Cardcom Technology, CardLogix Corporation, CPI Card Group, Eastcompeace Technology Co. Ltd, American Banknote Corporation, Bartronics, Beijing Datang Smartcard Technology Co. Ltd, Inteligensa Group, KONA I, NXP Semiconductors NV, Oberthur, Perfect Plastic Printing Corporation, SCM Microsystems, Square, Inc., VALID, Verifone, Watchdata, Wuhan Tianyu, Gemalto NV, Giesecke & Devrient (G&D) GmbH, Goldpac Group, HENGBAO, Hypercom, IDEMIA, Infineon Technologies AG, Ingenico, among others.
The objective of the Study:
· To analyze and forecast the Global Smart Card Market size of the market, in terms of value.
· To examine the careful market segmentation and forecast the market size, in terms value, based on the region by segmenting the Global Smart Card Market into five regions, namely, North America, Europe, Asia Pacific, Middle East, South America and their leading countries.
· To outline, categorized and forecast the global Smart Card Market based on the type and Application.
· To examine competitive developments like technological advancement, services, and regulative framework within the global Smart Card Market.
· To highlight the impact analysis of the factors, affecting the market dynamics such as drivers, restraints, opportunities, and challenges.
· To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.
Scope of the Report
· Other Card Type
· IT and Telecommunication
· Other End-user Industries
· Identity Management
· Security and Payments
· Access Management
Besides, the report provides an analysis of the Global Smart Card Market with respect to the following geographic segments:
· Rest of North America
· The UK
· Rest of Europe
· Southeast Asia
· Rest of Asia Pacific
Middle East and Africa
· Southern Africa
· Rest of Middle East and Africa
· Rest of Latin America
Business Questions answer by the report
· How will the market drivers, restraints and opportunities affect the market dynamics?
· What will be the market size in terms of value and volume and market statistics with a detailed classification?
· Which segment dominates the market or region and one will be the fastest growing and why?
· A comprehensive survey of the competitive landscape and the market participant players
· Analysis of strategy adopted by the key player and their impact on other players.
Customization Scope for the Client
Client satisfaction is our first and last priority and that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:
Additional Company Information
· With five additional company detail analysis
· Additional country analysis
· Detailed segment analysis
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