Press release
Smart Cards Market 2017-2021: Globally Growing At CAGR 8.84%, Significant Forecast, Trends And Opportunity
Smart cards are pocket-sized plastic cards embedded with integrated circuits (ICs) and are also known as microchips. These are primarily used for security purposes such as authentication and identification. Smart cards are also used for data storage and application processing.
Smart cards are broadly classified into contact-based and contactless cards. Contact-based smart cards have a contact area of approximately 1 square cm and are used by inserting them into a smart card reader. On the other hand, contactless smart cards function with the help of radio frequency, which eliminates the need for any physical insertion into the card reader.
Technavios analysts forecast the global smart cards market to grow at a CAGR of 8.84% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global smart cards market for 2017-2021. To calculate the market size, the report considers the revenues generated from the sale and shipment of contact-based and contactless smart cards.
The market is divided into the following segments based on geography:
APAC
Europe
MEA
North America
South America
Technavio's report, Global Smart Cards Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Gemalto
Giesecke & Devrient
OT-Morpho
Watchdata
Other prominent vendors
ARM
Rambus
CardLogix
DataCard
HID Global
Infineon Technologies
NXP Semiconductors
Smart Card IT Solutions
Market driver
Increasing number of cashless transactions
For a full, detailed list, view our report
Market challenge
Increase in competition among vendors
For a full, detailed list, view our report
Market trend
Availability of hybrid smart cards
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Assumptions
PART 06: Market landscape
Market overview
Product lifecycle
Market size and forecast
Unit shipment forecast
PART 07: Market segmentation by technology
Market overview
Contact-based smart cards
Contactless smart cards
PART 08: Market segmentation by end-user
Market overview
Telecom
Government
BFSI
Transportation
PART 09: Geographical segmentation
Market overview
APAC
Europe
South America
North America
MEA
PART 10: Decision framework
PART 11: Drivers and challenges
Market drivers
Market challenges
PART 12: Market trends
PART 13: Five forces analysis
PART 14: Vendor landscape
Competitive scenario
Product offerings
Key vendors
Vendor matrix
Competitive rating
Other prominent vendors
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