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Global Smart Card IC Market 2017-2021

Global Smart Card IC Market 2017-2021

About Smart Card IC

A smart card is a plastic card that is embedded with an integrated circuit (IC). Smart cards are usually manufactured from plastic, namely, polyvinyl chloride (PVC). They are also made from polyesters or polycarbonates. There are two types of smart cards: contact-based smart cards and contactless cards. In a contact-based smart card, the card comes in contact with a physical reader. In a contactless card, a transaction is established through a remote contactless radio frequency interface.

Technavio’s analysts forecast the global smart card IC market to grow at a CAGR of 8.22% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart card IC market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Smart Card IC Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Infineon Technologies
  • NXP Semiconductors
  • SAMSUNG
  • STMicroelectronics
Other prominent vendors
  • Atmel
  • EM Microelectronic-Marin
  • ON Semiconductor
  • Renesas Electronics
  • Shanghai HuaHong Integrated Circuit
Market driver
  • Increase in number of financial frauds
  • For a full, detailed list, view our report
Market challenge
  • Growth of net banking and mobile wallets
  • For a full, detailed list, view our report
Market trend
  • SIM cards for M2M communication
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Smart Card IC Market 2017-2021

Technavio recognizes the following companies as the key players in the global smart card IC market: Infineon Technologies, NXP Semiconductors, SAMSUNG, and STMicroelectronics.

Other Prominent Vendors in the market are: Atmel, EM Microelectronic-Marin, ON Semiconductor, Renesas Electronics, and Shanghai HuaHong Integrated Circuit.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is SIM cards for M2M communication. An M2M SIM card is the technology that allows devices and machines to communicate with each other. In simpler terms, it is a SIM card that has been designed for machine use. Devices need to be equipped with interchangeable protocols that are necessary to receive and send data between devices.”

According to the report, one driver in the market is increase in number of financial frauds. The major driver for the global smart card IC market is the increasing number of financial across several countries. Most debit and credit cards use magnetic tapes to store data. These magnetic tapes are easily tampered, leading to insecure monetary transactions and monetary loss for users. Magnetic stripe cards can be subjected to frauds like card skimming. Card skimming is a technique wherein the details of the customer are stolen from the magnetic strip on the cards. This information can be used to forge duplicate cards and hence be used to make fraudulent transactions.

Further, the report states that one challenge in the market is growth of net banking and mobile wallets. The growth of the online marketplace has compelled customers to opt for net banking and mobile wallets. Customers find net banking convenient and safe to transfer money online. Multiple users find it convenient to transfer money online using internet banking, as it is the safest way to make transactions. Banks provide these services with high levels of security, and most of B2B transactions are done through the internet banking at present. Several large companies use online payment methods to make bank transfers and not cards to make a payment.

Companies Mentioned

Infineon Technologies, NXP Semiconductors, SAMSUNG, and STMicroelectronics, Atmel, EM Microelectronic-Marin, ON Semiconductor, Renesas Electronics, and Shanghai HuaHong Integrated Circuit.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Global smart card IC market
      • Table Features of a smart card
      • Table Types of smart cards
    • Smart card ICs
    • Smart card memory
      • Table Smart card form factors
  • Market landscape
    • Market overview
      • Table Global smart card IC market
    • Market size and forecast
      • Table Global smart card IC market 2016-2021 (billions of units)
      • Table Global smart card IC market 2016-2021 ($ millions)
      • Table Timeline of mobile communication generations
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Segmentation by application
      • Table Application 2016-2021 - Market size & forecast
    • Comparison by application
      • Table Comparison by application
    • Telecommunication - Market size & forecast
      • Table Telecommunication 2016-2021 - Market size & forecast ($ millions)
      • Table Telecommunication - Year-over-year growth
    • Financial - Market size & forecast
      • Table Financial 2016-2021 - Market size & forecast ($ millions)
      • Table Largest credit and debit card data breaches in history
      • Table Financial - Year-over-year growth
    • Government - Market size & forecast
      • Table Government 2016-2021- Market size & forecast ($ millions)
      • Table Government - Year-over-year growth
    • Transportation - Market size & forecast
      • Table Transportation 2016-2021 - Market size & forecast ($ millions)
      • Table Transportation smart cards in different countries
      • Table Transportation - Year-over-year growth
    • Others - Market size & forecast
      • Table Others 2016-2021 - Market size & forecast ($ millions)
      • Table Major loyalty programs (point-based)
      • Table Health cards in different countries
      • Table Others - Year-over-year growth
    • Market opportunity by application
      • Table Market opportunity by application
  • Segmentation by microprocessor architecture
    • Market segmentation by microprocessor architecture
      • Table Memory type 2016-2021 - Market size & forecast
    • Comparison by microprocessor architecture
      • Table Comparison by product
    • 16-bit - Market size & forecast
      • Table 16-bit 2016-2021 - Market size & forecast ($ millions)
      • Table 16-bit - Year-over-year growth
    • 32-bit - Market size & forecast
      • Table 32-bit 2016-2021- Market size & forecast ($ millions)
      • Table Card enabled with NFC 2016-2021 (billions of units)
      • Table 32-bit 2016-2021 - Year-over-year growth
    • Market opportunity by microprocessor architecture
      • Table Market opportunity by microprocessor architecture
  • Regional landscape
    • Geographical segmentation
      • Table Global smart card IC 2016-2021- Market size & forecast
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size & forecast
      • Table Americas 2016-2021 - Market size & forecast ($ millions)
      • Table Americas - Year-over-year growth
      • Table Top three countries in Americas
    • EMEA - Market size & forecast
      • Table EMEA 2016-2021 - Market size & forecast ($ millions)
      • Table EMEA - Year-over-year growth
      • Table Top three countries in EMEA
    • APAC - Market size & forecast
      • Table APAC 2016-2021 - Market size & forecast ($ millions)
      • Table APAC - Year-over-year growth
      • Table Top three countries in APAC
    • Key leading countries
      • Table Key leading countries
  • Market opportunity
    • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Payment transaction methods used by consumer globally 2016
      • Table Payment transaction methods used by consumer globally 2021
      • Table Global volume of payment cards 2016-2021 (billions of units)
      • Table Global mobile cellular subscriptions (bn) - A historical overview (2011-2016)
    • Market challenges
  • Market trends
    • SIM cards for M2M communication
    • Integration of biometrics into smart card ICs
    • Growth of advanced POS systems
    • Growth of 5G communications
  • Vendor landscape
    • Competitive scenario
      • Table Major factors to address competitive scenario
      • Table Competitive parameters
      • Table Global smart card IC ecosystem
    • Other prominent vendors
      • Table Other prominent vendors
  • Vendor analysis
    • Table Vendor overview
    • Infineon Technologies
    • NXP Semiconductors
    • SAMSUNG
    • STMicroelectronics
  • Appendix
    • List of abbreviations
  • Explore Technavio

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