Press release
2027 Smart Card Market International Growth Forecasts Led by Top Companies - INSIDE SECURE ALL, Newland Payment Technology, Rambus.com, Watchdata Technologies
The Insight Partners
Smart Card Market to 2027 - Global Analysis and Forecasts By Component (Hardware, Software, and Services); Type (Contact Smart Cards and Contactless Smart Cards); Application (BFSI, Transportation, Public Sector, Healthcare, and Retail)
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The smart card is similar to a credit/debit card embedded with computer chips. The chip of card facilitates functionality to be added into the card which makes an ordinary, plastic card into SMART. The smart card reduces the amount of paperwork while improving storage capacity and record keeping process. The card also enables multiple transactions through one card by ensuring highly encrypted security.
The smart card market is anticipated to grow rapidly in the forecast period owing to driving factors such as an increase in the use of contactless interfaces among users is driving the smart card marker. Also, with continuous globalization, demand for smart cards and e-passports is growing at a high pace which is responsible for driving the smart card market. Moreover, retail and e-commerce industry booming exponentially which would raise the demand for a smart card soon and thereby, is anticipated to provide large opportunities to the players operating in the smart card market.
The global smart card market is segmented on the basis of component, type, and application. Based component, the market is segmented into hardware, software, and services. On the basis of product, the smart card market is segmented into contact smart cards and contactless smart cards, and others. The smart card market on the basis of the application is classified into BFSI, transportation, public sector, healthcare, and retail, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global smart card market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The smart card market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
Top Emerging Players in Smart Card Market are-
1. Atos SE
2. BRILLIANTTS
3. CPI Card Group Inc.
4. Gemalto NV
5. Giesecke+Devrient GmbH
6. Identiv, Inc.
7. INSIDE SECURE ALL
8. Newland Payment Technology
9. Rambus.com
10. Watchdata Technologies
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Phone : +1-646-491-9876
Email Id : sales@theinsightpartners.com
Website: https://www.theinsightpartners.com
About Us - The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.
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