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| Countries covered: Global Research Overview This Frost & Sullivan research service titled World Smart Card Platforms Market provides an overview of the platforms market in various applications and unit shipment forecasts for four major smart card platforms - Java card, MULTOS, MIFARE, and FELICA. In this study, Frost & Sullivan's expert analysts thoroughly examine the smart card platform market in the GSM, payment, government, national, and transit ID applications. Market Sectors Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
The following technologies are covered in this research:
Technological Advancement to Expand Smart Cards Platform Market Currently in the middle of a growth phase, the smart cards market is showing unprecedented signs of double-digit growth. "This acts as a catalyst for the advancement of technology and applications," according to the analyst of this study. "In order to compete with platforms that are more flexible, secure, fast, and interoperable, platform vendors need to keep up with these technological advances." The most important trend among various developments and technological upgrades is the convergence of smart cards and IT. Future versions of smart cards need to be compatible with IT since it is ubiquitous. If compatibility issues arise, there will be a reduction in the number of smart card deployments, which will cause replacement of smart cards with next-generation authentication technologies. As Smart Cards Move toward an Open Platform, Greater Interoperability is Expected to Drive Future Growth The need for a level playing field across verticals is driving the smart card market toward an open platform. The Global Platform, which previously only supported Java Card, now also supports the MULTOS platform. This is providing an impetus to build a standardized open platform. The aim is to increase the scope of applications that can be interlinked, and thereby offer interoperability to customers. "As part of this move, any application written in a common language will work on all platforms under the common specifications and smart cards will work on any terminal or reader that is part of the Global Platform specification," explains the analyst. "The short-term objective is to deploy a specification that provides interoperability between the MULTOS and the Java card platforms." |
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