Press release
Smart Cards Market with Industry Size, Market aspect, and Forecast 2015-2025 Acute Market Reports
Browse Full Report: http://www.acutemarketreports.com/report/smart-cards-market
Market Insights
Smart cards refer to a pocket-sized device embedded with an integrated circuit (IC) chip. The IC chip on the card can be memory card-based or microcontroller-card based depending upon the function of smart cards. Smart card is used by connecting it to a smart card reader either through direct physical contact or radio frequency (RF) communication. Thus, the operation of smart cards is quite similar to the traditional magnetic strip and bar code cards.
The most significant factor driving the smart cards market growth is the high penetration in the telecommunication sector. Smart cards are widely used as subscriber identity module (SIM) in mobile phones thereby increasing the demand globally. Due to ever-rising penetration of mobile phones worldwide, the smart cards market growth is expected to remain steady throughout the forecast period.
Another significant factor fueling the smart cards market growth is the better security features as compared to the traditional cards. Smart cards are comparatively difficult to clone and hence cannot be easily misused for any application. These cards are equipped with internal memory storage (larger than magnetic strip cards) which enables to incorporate better security features onto the smart cards. This makes smart cards suitable for use across various applications such as banking, identity cards (ePassport), healthcare and others.
Competitive Insights
The global smart cards market is consolidated in nature with few international players contributing to more than fifty percent of the total market revenue. Major players in the market include Giesecke & Devrient (G&D) GmbH, Gemalto NV and Oberthur Technologies. Other prominent players in the market comprise Infineon Technologies AG, NXP Semiconductors NV, Atos SE, INSIDE Secure SA, CardLogix Corporation and others.
The smart cards have enjoyed strong penetration across various application sectors such as ID cards, telecommunication and banking services. Thus, the market players are focused upon developing better security features along with minimal cost of the cards. This makes the market technology driven and price competitive.
Key Trends
• Development of advanced smart cards solutions with better security and reliability
• Smart cards for healthcare applications
• Penetration of smart cards in ID cards of nations worldwide
• Acquisition and partnerships with smart card manufacturers as well as component manufacturer
ToC:
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Smart Cards Market
2.2 Global Smart Cards Market, By Type
2.3 Global Smart Cards Market, By Component
2.4 Global Smart Cards Market, By Application
2.5 Global Smart Cards Market, By Geography
Chapter 3 Market Dynamics
3.1 Product Insights and Market Overview
3.1.1 Global Smart Cards Market Revenue and Volume, 2013 – 2022, (US$ Mn & Mn Units)
3.2 Key Market Trends and Future Outlook
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.5 Opportunities
3.6 See-Saw Analysis
3.6.1 Impact Analysis of Drivers and Restraints
3.7 Value Chain Analysis
3.8 Market Penetration Scenario, 2015
3.9 Competitive Analysis
3.9.1 Market Positioning of Key Vendors......
Browse Full Report: http://www.acutemarketreports.com/report/smart-cards-market
Company: http://www.acutemarketreports.com/
About Us:
Acute Market Reports is the most sufficient collection of market intelligence services online. It is your only source that can fulfill all your market research requirements. We provide online reports from over 100 best publishers and upgrade our collection regularly to offer you direct online access to the world’s most comprehensive and recent database with expert perceptions on worldwide industries, products, establishments and trends. Our database consists of 200,000+ market research reports with detailed & minute market research.
Media Contact
Company Name: Acute Market Reports
Contact Person: Chris Paul
Email: sales@acutemarketreports.com
Phone: Toll Free US/Canada: +1-855-455-8662
Address:105 N 1st ST #429, SAN JOSE, CA 95103
City: SANJOSE
State: CALIFORNIA
Country: United States
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 with Industry Size, Market aspect, and Forecast 2015-2025 Acute Market Reports here
News-ID: 914834 • Views: …
More Releases from Acute Market Reports
Pediatric Allergy Treatment Market Set to Soar: Projected to Reach $13.9 Billion …
The pediatric allergy treatment market is experiencing significant growth, driven by the rising prevalence of allergic conditions among children. Allergies, including food allergies, allergic rhinitis, asthma, and skin allergies, are becoming increasingly common in the pediatric population. This trend has led to a growing demand for effective treatment options that can provide relief and improve the quality of life for children affected by these conditions. The market for pediatric allergy…
Strippable Coatings Market Is Expected To Expand At A CAGR Of 7.1% From 2024 To …
Strippable coatings, also referred to as peelable coatings, are a type of non-flammable, water-based protective solution that can be easily removed from surfaces without the need for harsh chemical strippers or cleaners. Composed of water-based acrylic polymers, vapor phase corrosion inhibitors, and a thixotropic thickener, these coatings enhance barrier and surface protection properties. They can be applied via brush, spray, dip, or roll and are primarily utilized on bare metal…
Bakeware Market | Global Industry Size, Development Strategy, Revenue Analysis, …
The market for bakeware is a dynamic and evolving sector that serves both commercial and residential consumers. In 2023, the bakeware market was valued at $3,850.0 million and is projected to reach $6,462.2 million by the end of 2032. This market is anticipated to grow at a compound annual growth rate (CAGR) of 5.91% during the forecast period from 2024 to 2032. The growth is largely driven by a resurgence…
Global Wire Harness Market Set to Expand Through 2032 with Major Growth Drivers …
The global wire harness market is poised for robust growth, with a projected compound annual growth rate (CAGR) of 5.8% from 2024 to 2032. This growth trajectory is primarily driven by significant advancements in the automotive sector, escalating demand within consumer technology, and increasing applications in aerospace and defense sectors.
In the automotive industry, the wire harness market has seen substantial growth, primarily fueled by the advent of electric vehicles (EVs)…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
