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Smart Card Market

Published Apr 14, 2025
SKU # EVBI19932269

Description

The global Smart Card market, valued at $13.3 billion in 2020, is projected to grow to $19.9 billion by 2028, with a compound annual growth rate (CAGR) of 4.86% from 2021 to 2028. This growth is driven by various macro and microeconomic factors, including the increased demand for contactless (tap-and-play) payments, which surged during the COVID-19 pandemic.

The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.

Segments covered

By Offering (Smart Card, Smart Card Readers)
By Vertical (BFSI, Telecommunications, Education, Retail)
By Type (Memory, MPU Microprocessor)

Key players

Thales Group
IDEMIA
Giesecke + Devrient GmBH
CPI Card Group
HID Global Corporation
Watchdata
Eastcompeace
Inteligensa
ABCorp
CardLogix

Table of Contents

Chapter 1. Executive Summary
Chapter 2. Scope Of The Study
2.1. Market Definition
2.2. Scope Of The Study
2.2.1. Objectives of Report
Chapter 3. Evolve BI Methodology
Chapter 4. Market Insights and Trends
4.1. Supply/ Value Chain Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat Of New Entrants
4.2.2. Bargaining Power Of Buyers
4.2.3. Bargaining Power Of Suppliers
4.2.4. Threat Of Substitutes
4.2.5. Industry Rivalry
4.3. Impact of COVID-19 on Smart Card Market
4.3.1. Impact on Market Size
4.3.2. End User Trend, Preferences and Budget Impact
4.3.3. Regulatory Framework/Government Policies
4.3.4. Key Players Strategy to Tackle Negative Impact
4.3.5. Opportunity Window
Chapter 5. Market Dynamics
5.1. Introduction
5.2. DRO Analysis
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
Chapter 6. Global Smart Card Market, By Offering
6.1. Introduction
6.2. Smart Card
6.3. Smart Card Readers
Chapter 7. Global Smart Card Market, By Vertical
7.1. Introduction
7.2. BFSI
7.3. Telecommunications
7.4. Education
7.5. Retail
Chapter 8. Global Smart Card Market, By Type
8.1. Introduction
8.2. Memory
8.3. MPU Microprocessor
Chapter 9. Global Smart Card Market, By Region
9.1. Introduction
9.2. North America
9.2.1. Introduction
9.2.2. Driving Factors, Opportunity Analyzed and Key Trends
9.2.3. Market Size and Forecast, By Country, 2020 - 2028
9.2.4. Market Size and Forecast, By Offering , 2020 - 2028
9.2.5. Market Size and Forecast, By Vertical , 2020 – 2028
9.2.6. Market Size and Forecast, By Type, 2020 – 2028
9.2.7. US
9.2.7.1. Introduction
9.2.7.2. Driving Factors, Opportunity Analyzed and Key Trends
9.2.7.3. Market Size and Forecast, By Offering , 2020 - 2028
9.2.7.4. Market Size and Forecast, By Vertical , 2020 – 2028
9.2.7.5. Market Size and Forecast, By Type, 2020 - 2028
9.2.8. Canada
9.2.8.1. Introduction
9.2.8.2. Driving Factors, Opportunity Analyzed and Key Trends
9.2.8.4. Market Size and Forecast, By Offering , 2020 - 2028
9.2.8.5. Market Size and Forecast, By Vertical , 2020 – 2028
9.2.8.6. Market Size and Forecast, By Type, 2020 - 2028
9.3. Europe
9.3.1. Introduction
9.3.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.3. Market Size and Forecast, By Country, 2020 - 2028
9.3.4. Market Size and Forecast, By Offering , 2020 - 2028
9.3.5. Market Size and Forecast, By Vertical , 2020 – 2028
9.3.6. Market Size and Forecast, By Type, 2020 – 2028
9.3.7. Germany
9.3.7.1. Introduction
9.3.7.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.7.3. Market Size and Forecast, By Offering , 2020 - 2028
9.3.7.4. Market Size and Forecast, By Vertical , 2020 – 2028
9.3.7.5. Market Size and Forecast, By Type, 2020 - 2028
9.3.8. France
9.3.8.1. Introduction
9.3.8.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.8.3. Market Size and Forecast, By Offering , 2020 - 2028
9.3.8.4. Market Size and Forecast, By Vertical , 2020 – 2028
9.3.8.5. Market Size and Forecast, By Type, 2020 - 2028
9.3.9. UK
9.3.9.1. Introduction
9.3.9.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.9.3. Market Size and Forecast, By Offering , 2020 - 2028
9.3.9.4. Market Size and Forecast, By Vertical , 2020 – 2028
9.3.9.5. Market Size and Forecast, By Type, 2020 - 2028
9.3.10. Italy
9.3.10.1. Introduction
9.3.10.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.10.3. Market Size and Forecast, By Offering , 2020 - 2028
9.3.10.4. Market Size and Forecast, By Vertical , 2020 – 2028
9.3.10.5. Market Size and Forecast, By Type, 2020 - 2028
9.3.11. Rest Of Europe
9.3.11.1. Introduction
9.3.11.2. Driving Factors, Opportunity Analyzed and Key Trends
9.3.11.3. Market Size and Forecast, By Offering , 2020 - 2028
9.3.11.4. Market Size and Forecast, By Vertical , 2020 – 2028
9.3.11.5. Market Size and Forecast, By Type, 2020 - 2028
9.4. Asia-Pacific
9.4.1. Introduction
9.4.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.3. Market Size and Forecast, By Country, 2020 - 2028
9.4.4. Market Size and Forecast, By Offering , 2020 - 2028
9.4.5. Market Size and Forecast, By Vertical , 2020 – 2028
9.4.7. Market Size and Forecast, By Type, 2020 - 2028
9.4.8. China
9.4.8.1. Introduction
9.4.8.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.8.3. Market Size and Forecast, By Offering , 2020 - 2028
9.4.8.4. Market Size and Forecast, By Vertical , 2020 – 2028
9.4.8.5. Market Size and Forecast, By Type, 2020 - 2028
9.4.9. India
9.4.9.1. Introduction
9.4.9.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.9.3. Market Size and Forecast, By Offering , 2020 - 2028
9.4.9.4. Market Size and Forecast, By Vertical , 2020 – 2028
9.4.9.5. Market Size and Forecast, By Type, 2020 - 2028
9.4.10. Japan
9.4.10.1. Introduction
9.4.10.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.10.3. Market Size and Forecast, By Offering , 2020 - 2028
9.4.10.4. Market Size and Forecast, By Vertical , 2020 – 2028
9.4.10.5. Market Size and Forecast, By Type, 2020 - 2028
9.4.11. South Korea
9.4.11.1. Introduction
9.4.11.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.11.3. Market Size and Forecast, By Offering , 2020 - 2028
9.4.11.4. Market Size and Forecast, By Vertical , 2020 – 2028
9.4.11.5. Market Size and Forecast, By Type, 2020 - 2028
9.4.12. Rest Of Asia-Pacific
9.4.11.1. Introduction
9.4.12.2. Driving Factors, Opportunity Analyzed and Key Trends
9.4.12.3. Market Size and Forecast, By Offering , 2020 - 2028
9.4.12.4. Market Size and Forecast, By Vertical , 2020 – 2028
9.4.12.5. Market Size and Forecast, By Type, 2020 - 2028
9.5. Rest Of The World (RoW)
9.5.1. Introduction
9.5.2. Driving Factors, Opportunity Analyzed and Key Trends
9.5.3. Market Size and Forecast, By Offering , 2020 - 2028
9.5.4. Market Size and Forecast, By Vertical , 2020 – 2028
9.5.5. Market Size and Forecast, By Type, 2020 - 2028
9.5.6. Market Size and Forecast, By Region, 2020 - 2028
9.5.7. South America
9.5.7.1. Introduction
9.5.7.2. Driving Factors, Opportunity Analyzed and Key Trends
9.5.7.3. Market Size and Forecast, By Offering , 2020 - 2028
9.5.7.4. Market Size and Forecast, By Vertical , 2020 – 2028
9.5.7.5. Market Size and Forecast, By Type, 2020 - 2028
9.5.8. Middle East & Africa
9.5.8.1. Introduction
9.5.8.2. Driving Factors, Opportunity Analyzed and Key Trends
9.5.8.3. Market Size and Forecast, By Offering , 2020 - 2028
9.5.8.4. Market Size and Forecast, By Vertical , 2020 – 2028
9.5.8.5. Market Size and Forecast, By Type, 2020 - 2028
Chapter 10. Competitive Landscape
10.1. Introduction
10.2. Vendor Share Analysis, 2020/Key Players Positioning 2020
Chapter 11. Company Profiles
11.1. Thales Group
11.1.1. Business Overview
11.1.2. Financial Analysis
11.1.3. Product Portfolio
11.1.4. Recent Development and Strategies Adopted
11.1.5. SWOT Analysis
11.2. IDEMIA
11.2.1. Business Overview
11.2.2. Financial Analysis
11.2.3. Product Portfolio
11.2.4. Recent Development and Strategies Adopted
11.2.5. SWOT Analysis
11.3. Giesecke + Devrient GmBH
11.3.1. Business Overview
11.3.2. Financial Analysis
11.3.3. Product Portfolio
11.3.4. Recent Development and Strategies Adopted
11.3.5. SWOT Analysis
11.4. CPI Card Group
11.4.1. Business Overview
11.4.2. Financial Analysis
11.4.3. Product Portfolio
11.4.4. Recent Development and Strategies Adopted
11.4.5. SWOT Analysis
11.5. HID Global Corporation
11.5.1. Business Overview
11.5.2. Financial Analysis
11.5.3. Product Portfolio
11.5.4. Recent Development and Strategies Adopted
11.5.5. SWOT Analysis
11.6. Watchdata
11.6.1. Business Overview
11.6.2. Financial Analysis
11.6.3. Product Portfolio
11.6.4. Recent Development and Strategies Adopted
11.6.5. SWOT Analysis
11.7. Eastcompeace
11.7.1. Business Overview
11.7.2. Financial Analysis
11.7.3. Product Portfolio
11.7.4. Recent Development and Strategies Adopted
11.7.5. SWOT Analysis
11.8. Inteligensa
11.8.1. Business Overview
11.8.2. Financial Analysis
11.8.3. Product Portfolio
11.8.4. Recent Development and Strategies Adopted
11.8.5. SWOT Analysis
11.9. ABCorp
11.9.1. Business Overview
11.9.2. Financial Analysis
11.9.3. Product Portfolio
11.9.4. Recent Development and Strategies Adopted
11.9.5. SWOT Analysis
11.10. CardLogix
11.10.1. Business Overview
11.10.2. Financial Analysis
11.10.3. Product Portfolio
11.9.4. Recent Development and Strategies Adopted
11.9.5. SWOT Analysis
Chapter 12. Key Takeaways
How Do Licenses Work?
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