Global smart card market will reach $27,455.1 million by 2032, growing by 6.8% annually over 2022-2032, driven by the rising popularity and adoption of these smart cards in various sectors, the high penetration of smart cards in access control and personal identification applications, expansion in the global mobile network and enhancements in its infrastructure, and the surging demand for contactless payments amid COVID-19 pandemic. In terms of unit shipment, the global smart cards market is expected to grow by 7.4% annually over the forecast years.
Highlighted with 134 tables and 93 figures, this 218-page report "Global Smart Card Market 2022-2032 by Component (Hardware, Software, Services), Interface (Contact-based, Contactless, Dual, Hybrid), Card Type (Memory-based, MPU Microprocessor), Function (Transaction, Communication, Security & Access Control, Others), Industry Vertical, and Region: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire global smart card market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global smart card market in every aspect of the classification from perspectives of Component, Interface, Card Type, Function, Industry Vertical, and Region.
Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Smart Cards
o Smart Card Readers
• Software
• Services
Based on Interface, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Contact-based Smart Cards
• Contactless Smart Cards
• Dual-interface Smart Cards
• Hybrid Smart Cards
By Card Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Memory-based Smart Cards
• MPU Microprocessor-based Smart Cards
By Function, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Transaction
• Communication
• Security & Access Control
• Other Functions
By Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• BFSI
• IT and Telecom
• Government
• Transportation
• Healthcare
• Retail Industry
• Education
• Other Industry Verticals
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, Other Nations)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and split of key national markets by Interface, Function, and Industry Vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
ABCorp (American Banknote Corporation)
Alioth LLC
Bundesdruckerei GmbH
CardLogix Corporation
CPI Card Group Inc.
Eastcompeace Technology Co., Ltd. (Potevio Group)
Fingerprint Cards AB
Gemalto NV (Thales Group)
Giesecke & Devrient GmbH (MC Familiengesellschaft mbH)
HID Global Corporation (Assa Abloy AB)
IDEMIA France SAS
Identiv, Inc.
Infineon Technologies AG
IntelCav
Inteligensa SA de CV
KONA I Co., Ltd.
NXP Semiconductors NV
Samsung Electronics Co., Ltd.
Secura Key
VISA Inc.
Watchdata Technologies
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 10
1.1 Industry Definition and Research Scope 10
1.1.1 Industry Definition 10
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 16
1.2.6 Market Size/Share Estimation 17
1.2.7 Research Limitations 18
1.3 Executive Summary 19
2 Market Overview and Dynamics 22
2.1 Market Size and Forecast 22
2.1.1 Impact of COVID-19 on World Economy 25
2.1.2 Impact of COVID-19 on the Market 28
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 30
2.2 Major Growth Drivers 34
2.3 Market Restraints and Challenges 41
2.4 Emerging Opportunities and Market Trends 44
2.5 Porter's Fiver Forces Analysis 48
3 Segmentation of Global Market by Component 52
3.1 Market Overview by Component 52
3.2 Hardware 54
3.2.1 Smart Cards 55
3.2.2 Smart Card Readers 56
3.3 Software 57
3.4 Services 58
4 Segmentation of Global Market by Interface 59
4.1 Market Overview by Interface 59
4.2 Contact-based Smart Cards 61
4.3 Contactless Smart Cards 62
4.4 Dual-interface Smart Cards 63
4.5 Hybrid Smart Cards 64
5 Segmentation of Global Market by Card Type 65
5.1 Market Overview by Card Type 65
5.2 Memory-based Smart Cards 67
5.3 MPU Microprocessor-based Smart Cards 68
6 Segmentation of Global Market by Function 69
6.1 Market Overview by Function 69
6.2 Transaction 71
6.3 Communication 72
6.4 Security & Access Control 73
6.5 Other Functions 74
7 Segmentation of Global Market by Industry Vertical 75
7.1 Market Overview by Industry Vertical 75
7.2 BFSI 77
7.3 IT and Telecom 78
7.4 Government 79
7.5 Transportation 80
7.6 Healthcare 81
7.7 Retail Industry 82
7.8 Education 83
7.9 Other Industry Verticals 84
8 Segmentation of Global Market by Region 85
8.1 Geographic Market Overview 2022-2032 85
8.2 North America Market 2022-2032 by Country 91
8.2.1 Overview of North America Market 91
8.2.2 U.S. 95
8.2.3 Canada 98
8.2.4 Mexico 100
8.3 European Market 2022-2032 by Country 102
8.3.1 Overview of European Market 102
8.3.2 Germany 106
8.3.3 U.K. 108
8.3.4 France 110
8.3.5 Spain 112
8.3.6 Italy 114
8.3.7 Russia 116
8.3.8 Rest of European Market 118
8.4 Asia-Pacific Market 2022-2032 by Country 120
8.4.1 Overview of Asia-Pacific Market 120
8.4.2 Japan 124
8.4.3 China 127
8.4.4 Australia 129
8.4.5 India 131
8.4.6 South Korea 133
8.4.7 Rest of APAC Region 135
8.5 South America Market 2022-2032 by Country 137
8.5.1 Argentina 140
8.5.2 Brazil 142
8.5.3 Chile 144
8.5.4 Rest of South America Market 146
8.6 MEA Market 2022-2032 by Country 147
8.6.1 UAE 150
8.6.2 Saudi Arabia 152
8.6.3 South Africa 154
8.6.4 Other National Markets 156
9 Competitive Landscape 157
9.1 Overview of Key Vendors 157
9.2 New Product Launch, Partnership, Investment, and M&A 160
9.3 Company Profiles 161
ABCorp (American Banknote Corporation) 161
Alioth LLC 162
Bundesdruckerei GmbH 164
CardLogix Corporation 167
CPI Card Group Inc. 169
Eastcompeace Technology Co., Ltd. (Potevio Group) 172
Fingerprint Cards AB 173
Gemalto NV (Thales Group) 176
Giesecke & Devrient GmbH (MC Familiengesellschaft mbH) 181
HID Global Corporation (Assa Abloy AB) 184
IDEMIA France SAS 187
Identiv, Inc. 191
Infineon Technologies AG 193
IntelCav 197
Inteligensa SA de CV 199
KONA I Co., Ltd. 200
NXP Semiconductors NV 202
Samsung Electronics Co., Ltd. 205
Secura Key 209
VISA Inc. 212
Watchdata Technologies 216
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