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.
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.
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.
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,
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.
of the Report
Other Card Type
IT and Telecommunication
Other End-user Industries
Security and Payments
the report provides an analysis of the Global Smart Card Market with respect to
the following geographic segments:
Rest of North America
Rest of Europe
Rest of Asia Pacific
Middle East and Africa
Rest of Middle East and Africa
Rest of Latin America
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.
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:
With five additional company detail analysis
Additional country analysis
Detailed segment analysis