openPR Logo
Press release

Smart Cards market is expected to exceed more than USD $14 billion by 2023

10-12-2016 08:28 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Research Engine

Smart Cards market is expected to exceed more than USD $14 billion

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 contact less 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 smart cards market is expected to exceed more than USD $14 billion by 2023.

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.

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 2020.
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

Download Sample Copy here: https://www.marketresearchengine.com/requestsample/smart-cards-market

Reasons to Buy this Report

1) Obtain the most up to date information available on all active and planned coating industry globally.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of coating industry and unit capacity data.
4) Assess your competitor’s refining portfolio and its evolution.

Customization:
We can offer you custom research reports as per client’s special requirements.

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.

Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862, +91-860-565-7204
Website: 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 is expected to exceed more than USD $14 billion by 2023 here

News-ID: 371864 • Views:

More Releases from Market Research Engine

Automotive Lubricants Market 2020 Growth Opportunities, Revenue, Industry Analys …
New York, January 24, 2020: The automotive lubricants market is expected to exceed more than 598 million Gallons by 2024; Growing at a CAGR of more than 8% in the given forecast period. 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 BP plc, Chevron Corporation, ExxonMobil Corporation, ConocoPhillips Corporation, Fuchs
Contrast Media Injectors Market is expected to grow more than US$ 1.77 Billion By 2025
Contrast Media Injectors Market is expected to grow more than US$ 1.77 Billion B …
Market Research Engine has recently revealed their new study on how the market of contrast media injectors is blooming because of high demand for imaging products like MRI scans and CT scans. The report focuses mainly on the Global market for contrast media injectors, driving factors that lead to higher market share and restraining factors that restrain the growth. The report is titled - Contrast Media Injectors Market By Product
Drug Delivery Technology Market will Grow at a CAGR of 7.5% Globally by 2021
Drug Delivery Technology Market will Grow at a CAGR of 7.5% Globally by 2021
The drug delivery technology market is segmented on the lines of its route of administration, end user and regional. Based on route of administration segmentation it covers pulmonary drug delivery,ocular drug delivery,topical drug delivery,transmucosal drug delivery, oral drug delivery, injectable drug delivery,nasal drug delivery andimplantable drug delivery. Pulmonary drug delivery is further segmented into nebulizers, dry powder inhaler and metered dose inhaler. Ocular drug delivery segmentation contains ocular devices, semi

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