Global Smart Card IC Market 2025-2029

Smart Card IC Market 2025-2029

The smart card IC market is forecasted to grow by USD 1450 million during 2024-2029, accelerating at a CAGR of 5% during the forecast period. The report on the smart card IC market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for electronic ID cards, rising demand for contactless smart cards, and increasing focus on regulatory standard compliance.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's smart card IC market is segmented as below:

By CPU Architecture

  • 16 bit
  • 32 bit
By Application
  • Financial cards
  • USIMs/e-SIMs
  • ID cards
  • IOT devices
By Type
  • Microcontroller
  • Memory
By End-user
  • Telecommunication
  • Financial
  • Government
  • Transportation
  • Others
By Geographical Landscape
  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the robust demand for dual-interface cards as one of the prime reasons driving the smart card IC market growth during the next few years. Also, increasing use of biometrics in smart cards and integration of smart cards with blockchain will lead to sizable demand in the market.

The report on the smart card IC market covers the following areas:
  • Smart Card IC Market sizing
  • Smart Card IC Market forecast
  • Smart Card IC Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart card IC market vendors that include Alioth, CardLogix Corp., Datasonic Group Berhad, dormakaba Holding AG, Imatric LLC, Infineon Technologies AG, JCB Co. Ltd., KONA I, Kshitij Polyline Ltd., Microchip Technology Inc., ON Semiconductor Corp., PGP GROUP Ltd., Protolab Electrotechnologies Pvt. Ltd., Samsung Electronics Co. Ltd., Secura Key Manufacturing, Seshaasai Business Forms Pvt. Ltd., SKS ELECTRONICS, Smart Card IT Solutions Ltd., The Swatch Group Ltd., and WATCHDATA TECHNOLOGIES Pte. Ltd.. Also, the smart card IC market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Technavio Analysis
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Criticality of inputs and Factors of differentiation
    • Factors of disruption
    • Impact of drivers and challenges
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2024
    • Market outlook: Forecast for 2024-2029
      • Table Data Table on Global - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Global Market: Year-over-year growth 2024-2029 (%)
  • Historic Market Size
    • Global Smart Card IC Market 2019 - 2023
      • Table Historic Market Size - Data Table on Global Smart Card IC Market 2019 - 2023 ($ million)
    • CPU Architecture segment analysis 2019 - 2023
    • Application segment analysis 2019 - 2023
    • Type segment analysis 2019 - 2023
    • End-user segment analysis 2019 - 2023
    • Geography segment analysis 2019 - 2023
    • Country segment analysis 2019 - 2023
  • Qualitative Analysis
    • AI Impact on Global Smart Card IC Market
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by CPU Architecture
    • Market segments
      • Table Data Table on CPU Architecture - Market share 2024-2029 (%)
    • Comparison by CPU Architecture
      • Table Data Table on Comparison by CPU Architecture
    • 16 bit - Market size and forecast 2024-2029
      • Table Data Table on 16 bit - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on 16 bit - Year-over-year growth 2024-2029 (%)
    • 32 bit - Market size and forecast 2024-2029
      • Table Data Table on 32 bit - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on 32 bit - Year-over-year growth 2024-2029 (%)
    • Market opportunity by CPU Architecture
      • Table Data Table on Market opportunity by CPU Architecture ($ million)
  • Market Segmentation by Application
    • Market segments
      • Table Data Table on Application - Market share 2024-2029 (%)
    • Comparison by Application
      • Table Data Table on Comparison by Application
    • Financial cards - Market size and forecast 2024-2029
      • Table Data Table on Financial cards - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Financial cards - Year-over-year growth 2024-2029 (%)
    • USIMs/e-SIMs - Market size and forecast 2024-2029
      • Table Data Table on USIMs/e-SIMs - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on USIMs/e-SIMs - Year-over-year growth 2024-2029 (%)
    • ID cards - Market size and forecast 2024-2029
      • Table Data Table on ID cards - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on ID cards - Year-over-year growth 2024-2029 (%)
    • IoT devices - Market size and forecast 2024-2029
      • Table Data Table on IoT devices - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on IoT devices - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Application
      • Table Data Table on Market opportunity by Application ($ million)
  • Market Segmentation by Type
    • Market segments
      • Table Data Table on Type - Market share 2024-2029 (%)
    • Comparison by Type
      • Table Data Table on Comparison by Type
    • Microcontroller - Market size and forecast 2024-2029
      • Table Data Table on Microcontroller - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Microcontroller - Year-over-year growth 2024-2029 (%)
    • Memory - Market size and forecast 2024-2029
      • Table Data Table on Memory - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Memory - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Type
      • Table Data Table on Market opportunity by Type ($ million)
  • Market Segmentation by End-user
    • Market segments
      • Table Data Table on End-user - Market share 2024-2029 (%)
    • Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Telecommunication - Market size and forecast 2024-2029
      • Table Data Table on Telecommunication - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Telecommunication - Year-over-year growth 2024-2029 (%)
    • Financial - Market size and forecast 2024-2029
      • Table Data Table on Financial - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Financial - Year-over-year growth 2024-2029 (%)
    • Government - Market size and forecast 2024-2029
      • Table Data Table on Government - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Government - Year-over-year growth 2024-2029 (%)
    • Transportation - Market size and forecast 2024-2029
      • Table Data Table on Transportation - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Transportation - Year-over-year growth 2024-2029 (%)
    • Others - Market size and forecast 2024-2029
      • Table Data Table on Others - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Others - Year-over-year growth 2024-2029 (%)
    • Market opportunity by End-user
      • Table Data Table on Market opportunity by End-user ($ million)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2024-2029 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2024-2029
      • Table Data Table on APAC - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on APAC - Year-over-year growth 2024-2029 (%)
    • Europe - Market size and forecast 2024-2029
      • Table Data Table on Europe - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Europe - Year-over-year growth 2024-2029 (%)
    • North America - Market size and forecast 2024-2029
      • Table Data Table on North America - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on North America - Year-over-year growth 2024-2029 (%)
    • South America - Market size and forecast 2024-2029
      • Table Data Table on South America - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on South America - Year-over-year growth 2024-2029 (%)
    • Middle East and Africa - Market size and forecast 2024-2029
      • Table Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
    • China - Market size and forecast 2024-2029
      • Table Data Table on China - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on China - Year-over-year growth 2024-2029 (%)
    • US - Market size and forecast 2024-2029
      • Table Data Table on US - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on US - Year-over-year growth 2024-2029 (%)
    • Taiwan - Market size and forecast 2024-2029
      • Table Data Table on Taiwan - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Taiwan - Year-over-year growth 2024-2029 (%)
    • Germany - Market size and forecast 2024-2029
      • Table Data Table on Germany - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Germany - Year-over-year growth 2024-2029 (%)
    • Japan - Market size and forecast 2024-2029
      • Table Data Table on Japan - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Japan - Year-over-year growth 2024-2029 (%)
    • South Korea - Market size and forecast 2024-2029
      • Table Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on South Korea - Year-over-year growth 2024-2029 (%)
    • UK - Market size and forecast 2024-2029
      • Table Data Table on UK - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on UK - Year-over-year growth 2024-2029 (%)
    • Switzerland - Market size and forecast 2024-2029
      • Table Data Table on Switzerland - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Switzerland - Year-over-year growth 2024-2029 (%)
    • India - Market size and forecast 2024-2029
      • Table Data Table on India - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on India - Year-over-year growth 2024-2029 (%)
    • France - Market size and forecast 2024-2029
      • Table Data Table on France - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on France - Year-over-year growth 2024-2029 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Growing demand for electronic ID cards
      • Rising demand for contactless smart cards
      • Increasing focus on regulatory standard compliance
    • Market challenges
      • Growing use of mobile wallets
      • Concerns regarding data security
      • Price wars among companies due to increasing competition
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Robust demand for dual-interface cards
      • Increasing use of biometrics in smart cards
      • Integration of smart cards with blockchain
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Company ranking index
    • Market positioning of companies
    • Datasonic Group Berhad
    • dormakaba Holding AG
    • Imatric LLC
    • Infineon Technologies AG
    • JCB Co. Ltd.
    • Kshitij Polyline Ltd.
    • Microchip Technology Inc.
    • ON Semiconductor Corp.
    • PGP GROUP Ltd.
    • Protolab Electrotechnologies Pvt. Ltd.
    • Samsung Electronics Co. Ltd.
    • Seshaasai Business Forms Pvt. Ltd.
    • SKS ELECTRONICS
    • Smart Card IT Solutions Ltd.
    • The Swatch Group Ltd.
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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