Press release
Smart Cards Market 2020 Global Trend and Forecast to 2025 | Oberthur Technologies, Giesecke & Devrient, Gemalto, CPI Card Group, Valid, Perfect Plastic Printing, MCT Cards & Technology Pvt. Ltd Goldpac Group Ltd, and dz card
The global smart card market size is projected to reach USD 29.35 billion by 2025. The global size of this market is also expected to grow by 31.75 billion units. Owing to advancement in technology such as hybrid and contactless cards, standardization by regulatory authorities, reduction in transaction time, higher storage capacity of smart cards, and improved security.Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/64
The major companies such as Giesecke & Devrient, Gemalto, and Oberthur Technologies are launching new products to increase their market share global smart card industry and sustain at global level. For instance, In February 2017, Giesecke & Devrient at MWC 2017 launched comprehensive wearable solutions. Also Giesecke & Devrient in collaboration with CaixaBank distributed wearable wristbands which can be used for making contactless payments in Barcelona and worldwide. The aim of this was to create awareness about smart wearables which can be used to make contactless payments.
Regional analysis of this industry clearly shows that Asia Pacific dominated the smart card market share by acquiring 54.0% of the global volume size in 2017 and is expected to maintain its dominance in the coming years. Additionally, India and China are majorly contributing to this region. As a result of growing demand for smart cards in various sectors such as, payment & banking, government & healthcare and telecommunication are expected to boost the smart card market share over the forecast period. Easy availability of SIM cards and increasing demand for smart phones are major factors driving the demand for smart cards in the telecom industry.
Contact based smart cards occupied 77.0% of the global smart card volume size in 2017 and it is expected to maintain its dominance in the coming years. Use of this cards makes transaction processes very easy and secured owing to features such as PIN authentication required by chip cards during transactions.
Read complete report at: https://www.adroitmarketresearch.com/industry-reports/smart-card-market
Globally, the smart card industry is consolidated with limited well known players. These companies are collaborating and partnering with domestically established companies to increase their presence and launch new products in the market. For instance, In August 2018, Valid announced its partnership with orchestrator a global IoT service provider. This partnership aims to deliver cellular connectivity service based on eSIM technology which will ease the connectivity and subscription management easy for the orchestrator. This strategic step is expected to improve the needs of major industries such as financial services, telecom, identity and security. Major players in the market are Oberthur Technologies, Giesecke & Devrient, Gemalto, CPI Card Group, Valid, Perfect Plastic Printing, MCT Cards & Technology Pvt. Ltd Goldpac Group Ltd, and dz card.
Key segments of the global smart card market
Type Overview, 2015-2025 (USD million) (Million units)
Contact
Contactless
Dual Interface
Hybrid
Application Overview, 2015-2025 (USD million) (Million units)
Payment & Banking
Government & Healthcare
Telecommunication
Device Manufacturing
Others
Regional Overview, 2015-2025 (USD million) (Million units)
North America
US
Canada
Europe
Germany
United Kingdom
Asia Pacific
China
India
Rest of the World
Get discount on purchase at: https://www.adroitmarketresearch.com/contacts/discount/64
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
Ryan Johnson
Account Manager Global
3131 McKinney Ave Ste 600, Dallas,
TX75204, U.S.A.
Phone No.: USA: +1 972-362 -8199/ +91 9665341414
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 2020 Global Trend and Forecast to 2025 | Oberthur Technologies, Giesecke & Devrient, Gemalto, CPI Card Group, Valid, Perfect Plastic Printing, MCT Cards & Technology Pvt. Ltd Goldpac Group Ltd, and dz card here
News-ID: 2037101 • Views: …
More Releases from Adroit Market Research
Subscription and Billing Management Market Analytical Overview and Growth Opport …
A sort of software called subscription and billing management is used to speed up the payment process for companies that provide subscription services and depend on recurring payments. Subscription and billing management solutions automate the billing procedure to lower the possibility of errors, increase client satisfaction, and give companies access to comprehensive reporting tools. Businesses can customise subscription packages, automate billing, provide customer self-service options, manage subscriptions across various payment…
Smart Office Solution Market Key Players, End User Demand and Analysis Growth Tr …
Innovative technologies called "smart office solutions" are created to optimise and enhance an office space's daily operations. They usually concentrate on automating repetitive processes, improving cooperation and communication, increasing staff productivity and workflow, and offering real-time insights into operational performance. The goal of smart office solutions is to help businesses save money and operate as efficiently as possible. They provide services that include cloud-based document management systems, CRM platforms, enterprise…
Rewards and incentives Market 2023 Growing Rapidly with Modern Trends, Industry …
Rewards and incentives are expressions of appreciation and acknowledgement offered to people or groups to acknowledge their efforts, achievements, or performance. Rewards and incentives have the power to inspire workers, boost engagement, boost morale, and promote constructive behaviour at work. They may be given in the form of monetary awards or non-financial incentives like praise from others, promotions, extra vacation time, or other forms of remuneration. Rewards and incentives are…
Open-Source Intelligence Market Report Covers Opportunities, Industry CAGR, Dema …
The process of gathering and analysing information that is readily accessible to the public to produce intelligence that can be used to guide decisions is known as open-source intelligence (OSINT). Open-source intelligence is used to understand a company's or organization's operating environment, including its rivals, clients, suppliers, and potential threats. It is a technique for gathering intelligence that makes use of easily accessible and widely available data sources like the…
More Releases for USD
$100,000,000 USD job contract for travel - $3,000,000 USD referral commission.
Khoja Consultants invites companies, teams or venture capitalists for a $100,000,000 USD contract for travel. The selected company will be providing all accommodations and expenses for a 6-month long business trip around the world. Khoja Consultants expects five-star treatment including close security with private planes, hotels, secured vehicles and helicopters if necessary. More details on the job contract and application are provided at - www.KhojaConsultants.com.
There is a $3,000,000…
Primary Alkaline Batteries Market Worth USD 14.58 Billion USD by 2026
The Global Primary Alkaline Batteries market size was valued at 10.31 Billion USD in 2019 and is projected to reach 14.58 Billion USD by 2026, at a CAGR of 5% during the forecast period.
An Primary Alkaline Batteries is a type of primary battery, which derives its energy from the reaction between zinc metal and manganese dioxide.
Get Detailed Analysis of COVID-19 Impact on Primary Alkaline Batteries Market @ https://reports.valuates.com/request/sample/QYRE-Othe-0I169/Global_Primary_Alkaline_Battery_Market
This report presents…
IOT Solutions Market worth USD 553.9 million USD by 2026
"The global IoT solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa."
These days many businesses are adopting a market research report…
Eubiotics Market Set to Exceed USD USD 8.60 Billion by 2026
According to a new study published by Polaris Market Research the global eubiotics market is anticipated to reach USD 8.60 billion by 2026. The tightening and stringent restrictions on the use of antibiotic growth promoters along with the surging consumer pressure on food safety and consumer preferences are expected to be the major factors driving demand for these products that work as substitutes to in-feed eubiotics.
Eubiotics or specific organic…
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and…
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size…
