Smart Card is similar to debit or credit card embedded with computer chips. Card Chip facilitates functionality to be added into the card which makes and ordinary, plastic card into SMART. Smart Cards can reduce the amount of paperwork while improving storage capacity and record keeping process. It can also enable multiple transactions through one card by ensuring highly encrypted security.
Increase in demand for identification cards to avail government facilities is considered as key driving factor which is expected to boost the global smart card market growth. Furthermore, rise in demand for the product, across various applications like cell phones, payment transactions, ID Verification and access controls, will positively contribute the market growth. Moreover, increase in adoption of smart cards in healthcare industry is expected to propel the market growth. Increase in digitalization in the healthcare industry in recent years, the buzz regarding the future of healthcare has centered on HER. Rise in technology penetration in the healthcare sector has dramatically improved the access, storage, and processing of medical records which is expected to increase the demand for smart cards during this forecast period. Also, rise in use of smart cards in the BFSI, and telecommunications industries is expected to propel the market growth. Their implementation in retail applications enables secure transaction and provides opportunities to the smart card market over the forecast period.
However, high cost involved in deploying Epos Terminals is the major challenging factor which is expected to hinder the global smart card market growth. Also, rise in adoption of mobile wallets reducing the demand for smart cards as well as security related to contactless technology will affect the market growth during this analysis period.
Global Smart Card Market is segmented into type such as Contact, and Contac less, by component such as Hardware, Smart Card Readers, Software, and Services. Further, market is segmented into application such as BFSI, Government, Telecommunication, Healthcare, Hospitality, Transportation, Retail, and Others.
Also, Global Smart Card Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Infineon Technologies AG, NXP Semiconductors N.V., Sony Corporation, Samsung Electronics, Stmicroelectronics N.V., Ingenico Group, Verifone Systems Inc., Beijeng Watchdata Co. Ltd.,and Gemalto N.V.
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Smart Card Market Share Analysis, By Type
5.3 Global Smart Card Market Size and Forecast, By Type
5.3.1 Contact
5.3.2. Contact Less
6.1 Y-o-Y Growth Comparison, By Component
6.2 Global Smart Card Market Share Analysis, By Component
6.3 Global Smart Card Market Size and Forecast, By Component
6.3.1Hardware
6.3.2 Smart Card Readers
6.3.3 Software
6.3.4 Services
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Smart Card Market Share Analysis, By Application
7.3 Global Smart Card Market Size and Forecast, By Application
7.3. 1 BFSI
7.3.2. Government
7.3.3. Telecommunication
7.3.4. Healthcare
7.3.5. Hospitality
7.3.6 Transportation
7.3.7 Retail
7.3.8 Others
8.1 Global Smart Card Market Share Analysis, By Region
8.2 Global Smart Card Market Share Analysis, By Region
8.3 Global Smart Card Market Size and Forecast, By Region
9.1 Introduction
9.2 North America Smart Card Market Share Analysis, By Type
9.3 North America Smart Card Market Size and Forecast, By Component
9.4 North America Smart Card Market Size and Forecast, By Application
9.5 North America Smart Card Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10.1 Introduction
10.2 Europe Smart Card Market Share Analysis, By Type
10.3 Europe Smart Card Market Size and Forecast, By Component
10.4 Europe Smart Card Market Size and Forecast, By Application
10.5 Europe Smart Card Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11.1 Introduction
11.2 Asia Pacific Smart Card Market Share Analysis, By Type
11.3 Asia Pacific Smart Card Market Size and Forecast, By Component
11.4 Asia Pacific Smart Card Market Size and Forecast, By Application
11.5 Asia Pacific Smart Card Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12.1 Introduction
12.2 Latin America Smart Card Market Share Analysis, By Type
12.3 Latin America Smart Card Market Size and Forecast, By Component
12.4 Latin America Smart Card Market Size and Forecast, By Application
12.5 Latin America Smart Card Market Size and Forecast, Country
13.1 Introduction
13.2 Middle East Smart Card Market Share Analysis, By Type
13.3 Middle East Smart Card Market Size and Forecast, By Component
13.4 Middle East Smart Card Market Size and Forecast, By Application
13.5 Middle East Smart Card Market Size and Forecast, By Country
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies