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Smart Cards Market Size Share - Industry Trends and Forecast 2016- 2023

Smart Cards Market Size Share - Industry Trends and Forecast

"The Latest Research Report Smart Cards Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016 - 2023 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

Smart cards are IC-based cards that accumulate and retrieve information using various computer systems. Smart cards consist of central processing units and memory units. Smart cards primarily act as a cost-effective way to store, manage, and maintain credentials for their users. This makes these products highly convenient for different applications. In addition, the portability of smart cards enables their extensive adoption across different applications. Currently, smart cards are widely used across sectors such as telecommunications, BFSI, and government. Due to the numerous advantages they offer, smart cards are increasingly used in the healthcare, government IDs (e-passports), and retail sectors. Thus, strong ongoing adoption of smart cards across different sectors is estimated to substantially spur the market’s growth in the coming years.

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The research study titled “Smart Cards Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016 - 2023” provides in-depth analysis of the market and related sub-segments. The report strategically focuses on market segments including different types of smart cards and components. In addition, this report provides market insights and forecasts of the size and growth of each segment across each of the geographic regions. The report includes detailed analysis of prevalent market trends and profiles of key players. In order to provide better understanding of competition in the market, the report offers ecosystem analysis and competitive landscape. The study on the global smart cards market has been conducted with the objective of providing thorough coverage of the underlying technological and socio-economic factors driving the market.

The smart cards market is expected to see consistent growth in the coming years due to the increasing demand for secure and reliable payment transactions across the retail and BFSI sectors. Moreover, cost-saving schemes for merchants from payments brands such as Visa, MasterCard, and Europay is driving the smart card technology innovations. The decreasing prices of subscriber identification module (SIM) cards and tariff rates are increasing the number of mobile subscribers, and thus further contributing to the growth of the smart cards market. However, factors such as price pressures and technological challenges along with the cost of migrating to smartcard compatible readers affect the adoption of smartcards. Conversely, technological advancements, falling prices, and the introduction of high-end SIMs offer potential opportunities for the growth of the smart cards market.

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This report studies the current scenario as well as the future market potential for smart cards globally. The market for smart cards has been segmented based on three major parameters: card type, components, and geography. The major types of smart cards used are contact smart cards, contactless smart cards, hybrid smart cards, and dual-interface smart cards. On the basis of components, the smart cards market is segmented into microcontroller-based smart cards and memory-based smart cards. The demand for microcontroller-based smart cards is significantly high owing to the wide adoption of such cards for contactless and dual-interface smart cards. The market size and forecast, in terms of revenue and volume (US$ Mn & Mn units), for each of these segments has been provided for the period from 2013 to 2023, considering 2013 and 2014 as the base years. For 2015, report provides actual data for the first half and estimate for the second half. Also, the report provides market size and forecast in terms of volume (Mn Units) for various segments for the above mentioned period. The report also provides the compounded annual growth rate (CAGR) for each segment of the market for the forecast period 2016 to 2023.

Geographically, the market for global smart cards has been segmented into four regions: North America, Europe, Asia Pacific, and Rest of the World. The report also provides a competitive landscape, wherein the market share analysis of leading players in the global smart cards market for the year 2014, in terms of value percentage, has been discussed. The report concludes with the company profiles section, which provides an overview of the major companies operating in the market including strategies deployed by them to gain competitive advantage, annual revenue generated by them in the past two years, and key developments in the market. The companies profiled in this report include the American Express Company, Atos SE, NXP Semiconductors NV, Infineon Technologies AG, Gemalto NV, INSIDE Secure, Giesecke & Devrient (G&D) GmbH, and Texas Instruments, Inc.

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The global smart cards market is categorized into the following segments:

Smart Cards Market, by Type

Contact Smart Cards
Contactless Smart Cards
Hybrid Smart Cards
Dual-interface Smart Cards

Smart Cards Market, by Component

Microcontroller
Memory Card

Smart Cards Market, by Geography

North America
Europe
Asia Pacific
Middle East & Africa (MEA)
Latin America

Table of Content

Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation: Smart Cards Market
1.3 Research Methodology
1.3.1 Sources
1.3.1.1 Secondary Research
1.3.1.2 Primary Research

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Smart Cards Market, 2014 & 2023
2.2 Global Smart Cards Market Revenue, 2013 – 2023 (US$ Mn) and Y-o-Y Growth (%)
2.3 Global Smart Cards Market Volume, 2013 – 2023 (Mn Units) and Y-o-Y Growth (%)
2.3.1 Global Smart Cards Market, by Type, 2014
2.3.2 Global Smart Cards Market, by Components, 2014
2.3.3 Global Smart Cards Market, by Geography, 2014

Chapter 3 Global Smart Cards Market Analysis, 2013 – 2023 (US$ Mn & Mn Units)
3.1 Overview
3.2 Key Trends Analysis
3.3 Impact Analysis
3.3.1 Impact Analysis of NFC Technology
3.3.1.1 Global NFC Enabled Smart Phone Shipment Market Volume and Forecast, 2014 – 2018 (Mn Units)
3.3.2 Impact Analysis of M2M Communication on the Smart Card Market
3.3.2.1 Global utilities market (Electricity, Water & Gas) M2M, Volume and Forecast, 2011 – 2016 (Mn Units)
3.3.3 Impact Analysis of Direct Antenna Attach Technology on Smart Cards Market
3.3.3.1 Global Smart Cards Y-o-Y Revenue Growth (US$ Mn) and Global Contactless Card Revenue Contribution (%).
3.4 Market Dynamics
3.4.1 Drivers
3.4.1.1 Growing demand for secure and reliable payment transactions across the retail and BFSI industry
3.4.1.1.1 Global Mobile Payments Transaction, Revenue and Forecast, 2010 – 2017 (US$ Bn)
3.4.1.2 Cost savings scheme for merchants from payments brands such as Visa, MasterCard and Europay
3.4.1.3 Rising number of mobile phone subscribers worldwide
3.4.1.3.1 Mobile Subscribers Worldwide: 2011 – 2014
3.4.1.3.2 Mobile Subscribers Worldwide, by developed and developing nations: 2014
3.4.1.3.3 Mobile Subscribers Worldwide, by Regions: 2014
3.4.2 Restraints
3.4.2.1 Initial high cost to migrate to smartcard compatible readers affects the adoption of smartcards
3.4.3 Opportunities
3.4.3.1 Delivering complete solutions including software and services related to smart cards
3.4.3.2 Introduction of high-end SIMs in terms of NFC capability and LTE providers
3.5 Technology Overview
3.5.1 Comparative Analysis of Smart Card Technologies
3.5.2 Comparative Analysis of Smart Card Components
3.6 Ecosystem Analysis for Global Smart Cards Market
3.6.1 Raw Material Suppliers
3.6.2 Smart IC Manufacturers
3.6.3 Solution Providers
3.6.4 OEMs
3.6.5 End-users
3.7 Global Smart Cards Market Analysis, By Type, 2013 - 2023 (US$ Mn & Mn Units)
3.7.1 Overview
3.7.2 Contact Smart Cards
3.7.2.1 Global Contact Smart Cards Market Revenue and Volume, 2013 – 2023 (US$ Mn & Mn Units)
3.7.2.2 Global Contact Smart Cards Market Revenue and Volume, 2015 (US$ Mn & Mn Units)
3.7.3 Contactless Smart Cards
3.7.3.1 Global Contactless Smart Cards Market Revenue and Volume, 2013 – 2023 (US$ Mn & Mn Units)
3.7.3.2 Global Contactless Smart Cards Market Revenue and Volume, 2015 (US$ Mn & Mn Units)
3.7.4 Hybrid Smart Cards
3.7.4.1 Global Hybrid Smart Cards Market Revenue and Volume, 2013 – 2023 (US$ Mn & Mn Units)
3.7.4.2 Global Hybrid Smart Cards Market Revenue and Volume, 2015 (US$ Mn & Mn Units)
3.7.5 Dual-interface Smart Cards
3.7.5.1 Global Dual-interface Smart Cards Market Revenue and Volume, 2013 – 2023 (US$ Mn & Mn Units)
3.7.5.2 Global Dual-interface Smart Cards Market Revenue and Volume, 2015 (US$ Mn & Mn Units)

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