openPR Logo
Press release

Smart Cards Market Worth US$ 14.0 Billion by 2023

09-21-2016 01:55 PM CET | IT, New Media & Software

Press release from: MRE - Market Research Engine Report

Smart Cards Market

Smart Cards Market

New York, September 21: Market Research Engine has published a new report titled as “Global Smart Cards Market Analysis by Strategy, Application and Geography - Trends and Forecast, 2015 – 2023”

The smart cards market is expected to exceed more than US$14 billion by 2023 growing at a CAGR of more than 7.0% in the given forecast period from 2015 to 2023.

Download Free Sample Report: http://www.marketresearchengine.com/requestsample/smart-cards-market

Smart card is a type of chip-card or a plastic card which contains embedded micro chip includes microprocessor or memory type. It stores and manages data used in different applications such as in electronic cash payments, telephone calling and more. Smart card presents data storage, authentication and personal identification; it may have contactless or contact smart card. It provides high security authentication over large organizations. Smart cards can used in different application and occupies large data compare to magnetic stripe. Smart cards which are programmed and contain data are used for different applications. Some smart cards are updated later to include new applications. Smart cards develop the expediency and security of any transaction. They give tamper proof storage of consumer data and account information. It is more reliable compare to other machine readable cards

The major driving factors of smart cards market are as follows:

• Increasing mobile phone subscriber globally
• Increasing interest for high capability SIM card
• Rising demand for reliability and security
• Support multi application by NFC

The restraints factors of smart cards market are as follows:

• Slow appearance of standards
• Cost attrition
• High cost of transfer into smartcard friendly readers which minimize the acceptance of smartcard

Browse Full Report: http://www.marketresearchengine.com/reportdetails/smart-cards-market

The smart cards market is segmented on the lines of its component and application. The component segment for smart card includes microprocessor and memory smart cards component. The smart cards market is segmented on the lines of its application like telecommunications, government IDs, healthcare, financial services, retail, pay TV and transportation sector. The smart cards market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the global market for smart cards and related technologies.

2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2023.

3) Identifications of new market opportunities and targeted promotional plans for smart cards

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:

The scope of the report includes a detailed study of global and regional markets for various types of coatings with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Gemalto NV, Giesecke & Devrient (G&D) GmbH, Infineon Technologies AG, and NXP Semiconductors. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Smart cards Market has been segmented as below:

By Component Analysis

Microprocessor
Memory smart cards

By Application Analysis

Telecommunications
Government IDs
Healthcare
Financial services
Retail
Pay TV
Transportation sector.

By Regional Analysis

North America
Europe
Asia-Pacific
Rest of the World

About MarketResearchEngine.com

Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.

Media Contact

Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862, +91-860-565-7204
Country: United States
Website: http://www.marketresearchengine.com/

Address: 3422 SW 15 Street, Suite #8942, Deerfield Beach, FL 33442, United States

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Cards Market Worth US$ 14.0 Billion by 2023 here

News-ID: 365374 • Views:

More Releases from MRE - Market Research Engine Report

Smart Irrigation Market Share will Increase US$ 1.5 Billion by 2022
New York, March 05, 2019: The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Rain Bird Corporation (U.S.), The Toro Company (U.S.), Hunter Industries (U.S.), Netafim (Israel), HydroPoint (U.S.), Baseline Inc. (U.S.), and others. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis
Bio Power Market is Forecast to Cross US$ 21 Billion by 2024
New York, March 04, 2019: The scope of the report includes a detailed study of Bio Power Market with the reasons given for variations in the growth of the industry in certain regions. Biopower alludes to the vitality created by biomass, or, in other words that can be utilized as fuel. With the developing population over the globe and fast urbanization, while regular assets of vitality stay restricted, the requirement
Cosmetics Market Forecast Report Growth During by 2024
New York, March 01, 2019: Global cosmetics also called as beauty product or makeup used to clean, protect and perfume to human body. It not only change the appearance of body but also maintain in a good condition. It is chemical mixture which accurate the body odor without changing any condition of human body. Cosmetics contains lipsticks, powders, lotions, skin-care creams, perfumes, hair sprays and gels colored contact lenses, hair
Agriculture Equipment Market Survive to reach US$ 201 billion by 2024
New York, February 20, 2019: The Global Agriculture Equipment Market is expected to exceed more than US$ 201 billion by 2022 and will grow at a CAGR of more than 7% in the given forecast period. Agriculture equipment is any kind of equipment that is used on farm for farming purpose. Agriculture Equipment Market is growing with the beginning of new technology in the field of agriculture. It helps in making

All 4 Releases


More Releases for Smart

Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT
Survey Report on Smart Kitchen Appliances Market 2018: Smart Refrigerator, Smart …
The report analyzes and presents an overview on "Global Smart Kitchen Appliances Market Professional Survey Report 2018" worldwide. This report studies Smart Kitchen Appliances in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. The study objectives of this report are: To study and forecast the market size of Smart
IoT Device Management Market Analysis by Application - Smart Manufacturing, Smar …
IoT device management comprises of multiple operating systems and several varieties of communication methods and protocols targeted at conducting smooth functioning of smart devices. The service of IoT device management has become vital for the business sector in recent years due to the rising use of remote operation in a number of industries and the subsequent need to manage the operation of the devices. The global IoT device management market is
SMART SHIPS NEED SMART REGISTRIES
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry. “The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to
Smart Kitchen Appliances Market : Smart Refrigerators, Smart Dishwashers, Smart …
Albany, New York, July 20, 2017 : Recent research and the current scenario as well as future market potential of "Smart Kitchen Appliances Market (Products - Smart Refrigerators, Smart Dishwashers, Smart Ovens, Smart Cookware and Cooktops, Smart Scales and Thermometers and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022" globally. Smart kitchen appliances are premium appliances that are designed for comfortable and efficient operation as