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 segment’s 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.
The Smart Cards market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Smart Cards.
This report presents the worldwide Smart Cards market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Giesecke & Devrient
CPI Card Group
Watchdata Systems Co. Ltd
Smart Cards Breakdown Data by Type
Smart Cards Breakdown Data by Application
Smart Cards Production by Region
Smart Cards Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Smart Cards status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Smart Cards manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Smart Cards :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Smart Cards market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.