Stratistics Market Research Consulting

Smart card Market Size, Share, Analysis, Report and Forecast to 2022

Press Release   •   Feb 03, 2017 04:11 EST

Some of the key drivers for the market growth include escalating demand for safe and consistent transactions, growing number of mobile users, rising adoption of smart cards for ticketing, driver's license, telecommunication, toll collection, etc. However, price pressures and technological challenges are inhibiting the growth of Smart card market.

Retail and BFSI industry segments are the fastest growing segments of smart card market. Asia Pacific is anticipated to retain its leading position and is analyzed to be the fastest growing market during the forecast period. From application side, telecom sector mainly 3G dominates the smart card use, while from growth perspective transportation sector remains the most dynamic sector. Payment chip-card market shows an apparent swing towards contactless and converging applications. Contactless payment can be performed with smart cards and with mobile devices. In meticulous, the demand for Dual Interface (DIF) payment cards is growing

The key players in the smart card global market are Siemens IT solutions and services, Sony corp, Samsung Electronics, Ingenico SA, Thales SA, Verifone system Inc, Infineon technologies, Fujitsu ltd, Datacard corp and Renesas Electronics.

For More, Please Visit:http://www.strategymrc.com/report/smart-card-market-outlook-global-trends-forecast-and-opportunity-assessment-2014-2022

Components Covered:

  • Microcontroller Cards
  • Memory Cards
  • Applications Covered:
  • Healthcare
  • Transportation
  • Telecommunications
  • Banking, Financial Services and Insurance (BFSI)
  • Retail
  • Others
  • Types Covered:
  • Contact Smart Card
  • Contactless Smart Card
  • Hybrid Smart Card
  • Others
  • Regions Covered:
  • North America
  • o US

    o Canada

  • Europe
  • o Germany

    o France

    o Italy

    o UK

    o Spain

  • Asia Pacific
  • o Japan

    o China

    o India

    o Australia

    o New Zealand

    o Rest of Asia

  • Rest of the World
  • o Latin America

    o Middle East

    o Africa

    o Others

    What our report offers:

    - Market share assessments for the regional and country level segments

    - Market share analysis of the top industry players

    - Strategic recommendations for the new entrants

    - Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets

    - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

    - Strategic recommendations in key business segments based on the market estimations

    - Competitive landscaping mapping the key common trends

    - Company profiling with detailed strategies, financials, and recent developments

    - Supply chain trends mapping the latest technological advancements

    For More, Please Visit:http://www.strategymrc.com/report/smart-card-market-outlook-global-trends-forecast-and-opportunity-assessment-2014-2022

    We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.