Press release
EVM Card Market to Hit USD 19.31 Bn and at a Growth Rate of 4.2 percent by 2029: Industry Analysis and Forecast (2022-2029) Trends, Statistics, Dynamics, and Segmentation
EVM Card Market
EVM Card Market Report Scope and Research Methodology
The report is a detailed analysis of the EVM Card market provided with key players including Pricing, growth strategies, product portfolio and investments of the EVM Card market. The bottom-up approach was used for EVM Card market estimations and growth rates. A thorough analysis is conducted on the drivers, restraints, trends, opportunities, and challenges of the EVM Card market. The competitive environment for the EVM Card market includes financial standing, research and development collaborations, agreements, partnerships, product launches, technology adoption, merger and acquisition, joint ventures and strategic alliances.
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For a segment-wise analysis of the EVM Card market, it is divided by Type, Brand, Interface, Functionality and Application. Regional analysis of the EVM Card market conducted at a local, regional and global level. The report also provides information on the emerging regions that are expected to be major markets for the EVM Card market.
The report covers primary and secondary data collection approaches with qualitative as well as quantitative analysis of the EVM Card industry. The primary collection approach includes questionnaires and telephonic interviews with market leaders, market leaders, business owners, etc., and the secondary approach involves financial reports, annual reports, white papers, etc. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to analyze the operating environment of competition of businesses in the EVM Card market.
EVM Card Market Dynamics
During the forecast period, the market growth is expected to be driven by increasing demand for cashless transactions increasing need for security during the transaction and rapid digitalization. An increase in the adoption of the EMV card in the financial as well as the banking sector and Better security and authenticity provided by the EVM card, are also expected growth factors for the EVM Card Market. The innovation of the new mode of information security for users enabled by blockchain is expected to be a lucrative opportunity for the smart card industry. The market growth is expected to be restrained by the high infrastructures costs with data theft and security concerns.
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EVM Card Market Regional Insights
In 2021, the North American region dominated the global EVM Card Market with the largest share in terms of volume and value. During the forecast period, the region is expected to grow at a 4.5 percent CAGR and continue its dominance over the forecast period. The regional market growth is expected to be driven by minimal incremental spending and increasing demand for contactless cards. Over the forecast period, the Asia Pacific region is expected to grow at a significant growth rate due to the implementation of government agencies for smart chip-based systems and growing digitalization in the banking sector.
EVM Card Market Segmentation
By Type
Debit Card
Credit Card
By Brand
Euro pay
Visa
MasterCard
Other
By Interface
Contact
Contactless
Dual
By Functionality
Transaction
Communication
Security & Access Control
By Application
BFSI
IT & Telecommunication
Government
Food & Groceries
Health & Pharmacy
Restaurants & Bars
Consumer Electronics
Shopping Malls & Retail
Media & Entertainment
Travel & Tourism
Others
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EVM Card Market Key Players include:
American Express
CardLogix Corporation
CPI Card Group Inc.
Equinox Payments
Giesecke + Devrient GmBH
HID Global Corporation
IDEMIA, Infineon Technologies AG
JPMorgan Chase & Co.
NCR Corporation
Perfect Plastic Printing
Samsung
Thales
VeriFone
Versatile Card Technology Pvt. Ltd.
Mastercard
Visa Inc.
ABCorp
CPI Card Group
Gem alto
Giesecke & Devrient
Morpho (Safran)
Oberthur Technologies
Versatile Card Technology Ingenico
PAX Technology
SZZT Technology
ATOS World line
Cyber Net
Equinox
Fiserv Inc.
Keycorp
NCR
Spire Payments
Hengbao
Watch data systems Co. Ltd
Gold Pac
Others
Table of for Global EVM Card Market:
Global EVM Card Market: Research Methodology
Global EVM Card Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global EVM Card Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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Global EVM Card Market Segmentation
Global Market, by Type (2021-2029)
Global Market, by Brand (2021-2029)
Global Market, by Interface 2021-2029)
Global Market, by Functionality (2021-2029)
Global Market, by Application (2021-2029)
Regional Global EVM Card Market(2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Brand (2021-2029)
Regional Market, by Interface (2021-2029)
Regional Market, by Functionality (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis of the Type, Brand, Interface, Functionality, Application and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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