Press release
EMV Smart Cards Market Future Outlook (2023-2029) Trends, Scope, Size, Demand, Competitors Study, by Region, Top Players - Gemalto, IDEMIA, Giesecke & Devrient, Perfect Plastic Printing
The EMV (Europay, Mastercard, and Visa) smart card market refers to the global industry that involves the production, distribution, and use of smart cards based on EMV standards. EMV technology is a secure payment method that uses integrated circuit chips to authenticate and authorize transactions made with credit and debit cards.EMV smart cards are designed to enhance the security and reliability of payment transactions by replacing traditional magnetic stripe cards. These cards are embedded with a microprocessor chip that stores and processes cardholder information, enabling more advanced security features such as encryption and dynamic data authentication.
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By Company
- Gemalto
- IDEMIA
- Giesecke & Devrient
- Perfect Plastic Printing
- ABCorp
- CPI Card
- Tianyu
- Goldpac
- Hengbao
- Watchdata Technologies
- Valid
- Kona I
- Eastcompeace
Segment by Type
- Contact Form
- Contactless Form
Segment by Application
- Fuel Card
- Retail Store Card
- Meal Voucher Card
- Others
Production by Region
- North America
- Europe
- China
- Japan
- South Korea
Some key factors contributing to the growth of the EMV smart card market include:
The EMV (Europay, Mastercard, and Visa) smart card market refers to the global industry that involves the production, distribution, and use of smart cards based on EMV standards. EMV technology is a secure payment method that uses integrated circuit chips to authenticate and authorize transactions made with credit and debit cards.
EMV smart cards are designed to enhance the security and reliability of payment transactions by replacing traditional magnetic stripe cards. These cards are embedded with a microprocessor chip that stores and processes cardholder information, enabling more advanced security features such as encryption and dynamic data authentication.
The market for EMV smart cards has experienced significant growth over the years, driven by the increasing adoption of secure payment solutions and the need to combat fraud in card-present transactions. Some key factors contributing to the growth of the EMV smart card market include:
Shift towards EMV standard: Many countries and regions worldwide have mandated the adoption of EMV technology to reduce counterfeit card fraud. As a result, the demand for EMV-compliant smart cards has increased significantly.
Rising e-commerce and contactless payments: The growing popularity of online shopping and contactless payments has fueled the demand for secure payment methods, leading to increased adoption of EMV smart cards.
Government initiatives: Governments in various countries have taken initiatives to promote secure payment systems and encourage the migration to EMV technology. These initiatives have further accelerated the market growth.
Technological advancements: Continuous advancements in chip technology and security features have made EMV smart cards more robust and resistant to fraud. This has instilled greater confidence in both consumers and businesses, driving the market forward.
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Table of Contents
1 Study Coverage
1.1 EMV Smart Cards Product Introduction
1.2 Market by Type
1.2.1 Global EMV Smart Cards Market Size by Type, 2018 VS 2022 VS 2029
1.2.2 Contact Form
1.2.3 Contactless Form
1.3 Market by Application
1.3.1 Global EMV Smart Cards Market Size by Application, 2018 VS 2022 VS 2029
1.3.2 Fuel Card
1.3.3 Retail Store Card
1.3.4 Meal Voucher Card
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global EMV Smart Cards Production
2.1 Global EMV Smart Cards Production Capacity (2018-2029)
2.2 Global EMV Smart Cards Production by Region: 2018 VS 2022 VS 2029
2.3 Global EMV Smart Cards Production by Region
2.3.1 Global EMV Smart Cards Historic Production by Region (2018-2023)
2.3.2 Global EMV Smart Cards Forecasted Production by Region (2024-2029)
2.3.3 Global EMV Smart Cards Production Market Share by Region (2018-2029)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
2.8 South Korea
3 Executive Summary
3.1 Global EMV Smart Cards Revenue Estimates and Forecasts 2018-2029
3.2 Global EMV Smart Cards Revenue by Region
3.2.1 Global EMV Smart Cards Revenue by Region: 2018 VS 2022 VS 2029
3.2.2 Global EMV Smart Cards Revenue by Region (2018-2023)
3.2.3 Global EMV Smart Cards Revenue by Region (2024-2029)
3.2.4 Global EMV Smart Cards Revenue Market Share by Region (2018-2029)
3.3 Global EMV Smart Cards Sales Estimates and Forecasts 2018-2029
3.4 Global EMV Smart Cards Sales by Region
3.4.1 Global EMV Smart Cards Sales by Region: 2018 VS 2022 VS 2029
3.4.2 Global EMV Smart Cards Sales by Region (2018-2023)
3.4.3 Global EMV Smart Cards Sales by Region (2024-2029)
3.4.4 Global EMV Smart Cards Sales Market Share by Region (2018-2029)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufactures
4.1 Global EMV Smart Cards Sales by Manufacturers
4.1.1 Global EMV Smart Cards Sales by Manufacturers (2018-2023)
4.1.2 Global EMV Smart Cards Sales Market Share by Manufacturers (2018-2023)
and More…
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