Smart Card Market Size By Solution (Smart Card [Product {Contact-Based, Contactless, Hybrid, Dual Interface}, Type {Memory Card, Microprocessor Card}], Smart Card Reader [Component {Hardware, Software, Service}, Product {Contact-Based, Contactless}]), By

Smart Card Market Size By Solution (Smart Card [Product {Contact-Based, Contactless, Hybrid, Dual Interface}, Type {Memory Card, Microprocessor Card}], Smart Card Reader [Component {Hardware, Software, Service}, Product {Contact-Based, Contactless}]), By Application (SIM & Telecom, Financial, Government & Health, Retail & Gas, Access Control, Transportation, Loyalty), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026

The smart card market is expected to gain significant momentum in coming time as ongoing technological advancements and adoption of electronic payment methods keeps rising on a large scale. A smart card is a card like device comprising of an integrated circuit chip implanted on it. A smart card works by connecting it to a controller or host computer through a card reader, which retrieves information from the card and further passes the data along to the host computer or controller.

The smart card market is segmented in terms of solution, application, and regional landscape.

In terms of solution, the smart card market is bifurcated into smart card and smart card-reader. The smart card segment is further categorized into product and type.

Based on product, the smart card market is classified into dual interface, hybrid, contactless, and contact. With the introduction of 4G LTE SIM cards and the emergence of 5G technology, the demand for the contact cards will increase in the coming years.

The contactless product segment is expected to witness tremendous gains as its ability to provide fast as well as convenient transactions is resulting in a rising demand for technology across numerous emerging applications including transport, corporate, banking, and government.

With respect to type, the smart card market is classified into microprocessor cards and memory cards. The smart cards that come under the memory cards segment are essentially based on memory cards. This type of card is basically used to store memory and is the least secured amongst other types of smart cards, which might hamper its growth going forward.

In terms of application, the overall smart card market is segmented into loyalty, transportation, access control, retail & gas, financial, government & health, sim & telecom, and others. In the financial segment smart cards increase trust by enhanced security. It provides two-factor authentication, which protects the data and value throughout the internet. Threats like the Trojan Horses and Man in the middle can be eliminated.

Rising technological advancements and innovations in the POS solutions are further encouraging key retail players to modify their traditional payment & billing solutions, thereby leading to an immense product demand in the retail & gas segment.

Multifunctional microprocessor-based smart cards that incorporate identity with access privileges and can also store value for use in various locations, such as stores and cafeterias, are being majorly preferred by organizations in the access control segment.

Smart cards are used as a stored value in loyalty programs & gift cards that track and provide convenient & safer incentives to repeat customers. Such factors help store owners to improve customer retention, encourage spending, and strengthen relationships with customers, thereby leading to market growth in the loyalty application segment.

A smart card reader is another aspect of the overall card payment environment. A card reader can be defined as a device that can connect to the smart card indirectly or directly through RF based communication technology. The reader is connected to a computer and transfers the data it reads from the card onto the computer for further processing.

The smart-card reader market is further categorized in terms of component, product, application, and regional landscape.

With respect to component, the smart card reader market is bifurcated into services, hardware, and software. Under the software segment, the increasing development of software tools to offer secure payment options and an effective order management platform is expected to drive the adoption of innovative solutions in the smart card reader.

Under the services component segment, maintenance & support services are expected to witness a high demand owing to the growing implementation of modern solutions to improve IT performance.

Based on product, the smart card reader market is divided into contact and contactless. Among these, contact based smart card readers are widely used in debit card & credit card transaction systems. They require a manual insertion into the reader by the user. This segment is likely to witness growth in the coming years.

The contactless readers offer added convenience and speed by eliminating the need to insert the card into a reader. The common applications of contactless card readers include identification and asset control, E-passports, parking, vending, and tollbooth fares.

From a regional frame of reference, the technological advancements in the U.S. such as USB-enabled cards, RFID cards, integrated SIM cards, NFC authentication, and biometric to enhance safety & security functions will increase the adoption of smart card in the North America region over the forecast timespan.

The rise in the adoption of electronic payment methods across the Saudi Arabia, UAE, Qatar, and South Africa will increase the demand for smart cards throughout MEA in the coming years. The introduction of SADAD payment system by the Saudi Arabian Monetary Agency (SAMA) has revolutionized the E-payment system in the country. The system is highly adopted by banking customers since it enables E-commerce transactions from local as well as international vendors on a 24/7 basis.


Chapter 1 Methodology & Scope
1.1 Scope & definitions
1.2 Methodology and forecast parameters
1.3 Data Sources
1.3.1 Secondary
1.3.2 Primary
Chapter 2 Executive Summary
2.1 Smart card industry 360 degree synopsis, 2016 – 2026
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Solution trends
2.1.4 Application trends
Chapter 3 Smart Card Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2016 – 2026
3.2.1 Payment industry landscape
3.2.2 Retail industry landscape
3.2.3 Healthcare industry landscape
3.3 Impact of coronavirus (COVID-19) pandemic
3.3.1 Global outlook
3.3.2 Regional outlook
3.3.2.1 North America
3.3.2.2 Europe
3.3.2.3 Asia Pacific
3.3.2.4 Latin America
3.3.2.5 MEA
3.3.3 Industry value chain
3.3.3.1 Research and development
3.3.3.2 Manufacturing
3.3.3.3 Marketing
3.3.3.4 Supply
3.3.4 Competitive landscape
3.3.4.1 Strategy
3.3.4.2 Distribution network
3.3.4.3 Business growth
3.4 Industry ecosystem analysis
3.4.1 Distribution channel analysis
3.4.2 Vendor matrix
3.5 Technological and innovation landscape
3.6 Regulatory Landscape
3.6.1 NFC Standard ISO/IEC 14443
3.6.2 ISO/IEC 7810:2003
3.6.3 ISO/IEC 7816
3.6.4 ISO/IEC 19794
3.6.5 International Civil Aviation Organization (ICAO)
3.6.6 International Airline and Transportation Association (IATA)
3.6.7 International Card Manufacturers Association (ICMA)
3.6.8 Federal Information Processing Standards (FIPS)
3.6.9 Europay, MasterCard, and Visa (EMV)
3.6.10 OpenCard Framework
3.6.11 Personal Computer/Smart Card (PC/SC)
3.6.12 GlobalPlatform (GP)
3.6.13 Common Criteria (CC)
3.6.14 Payment Card Industry Data Security Standard (PCI DSS)
3.6.15 National Association of Campus Card Users (NACCU)
3.6.16 North America
3.6.16.1 Smart Card Alliance
3.6.16.2 The Health Insurance Portability and Accountability Act (HIPAA)
3.6.16.3 American National Standards Institute (ANSI)
3.6.16.4 American Public Transportation Association (APTA)
3.6.16.5 Electronic Fund Transfer Act (EFTA)
3.6.16.6 Electronic Transactions Association (ETA)
3.6.16.7 California Consumer Privacy Act (CCPA)
3.6.16.8 Secure Technology Alliance Payments Council
3.6.16.9 Electronic Communications Privacy Act (EPA) and Consumer fraud and Abuse Act (CFAA)
3.6.17 Europe
3.6.17.1 Smart Payment Association (SPA)
3.6.17.2 European Telecommunications Standards Institute (ETSI)
3.6.17.3 Global System for Mobile Communication (GSM) Standards
3.6.17.4 Single Euro Payments Area (SEPA)
3.6.17.5 European Union Agency for Network and Information Security (ENISA)
3.6.17.6 European Payment Council (EPC)
3.6.17.7 EMC mandate
3.6.17.8 EUROSMART
3.6.17.9 European Experts in Electronic Transactions (EESTEL)
3.6.17.10 European Union Data Protection Directive
3.6.17.11 French Data Protection Authority's (CNIL)
3.6.18 Asia Pacific
3.6.18.1 Asia Pacific Smart Card Association (APSCA)
3.6.18.2 China Occupational Safety & Health Association (COSHA)
3.6.18.3 Bureau of Indian Standards (BIS)
3.6.18.4 National Payments Corporation of India (NPCI)
3.6.18.5 Smart Card Operating System for Transport Applications (SCOSTA)
3.6.18.6 Japanese Standards Association (JSA)
3.6.18.7 Singapore Standard for Smart Card ID (SSID)
3.6.18.8 Malaysian Security Evaluation Facility (MySEF)
3.6.19 Latin America
3.6.19.1 National System for Consumer Protection and Defense (SNDC)
3.6.19.2 Interbank Electronic Payment System (SPEI)
3.6.20 MEA
3.6.20.1 UAE Banks Federation (UBF)
3.6.20.2 Payments Association of South Africa (PASA)
3.7 Industry impact forces
3.7.1 Growth drivers
3.7.1.1 Ongoing technological advancements
3.7.1.2 Growing adoption in the banking and financial sector
3.7.1.3 Infrastructure development initiatives stimulate smart card demand
3.7.1.4 Rising demand in the healthcare sector in Europe
3.7.1.5 Increasing investments and developments in Asia Pacific
3.7.2 Industry pitfalls and challenges
3.7.2.1 Security-related concerns
3.8 Growth potential analysis
3.9 Porter’s analysis
3.9.1 Supplier power
3.9.2 Threat of new entrants
3.9.3 Buyer power
3.9.4 Threat of substitutes
3.10 PESTEL analysis
Chapter 4 Competitive Landscape, 2019
4.1 Introduction
4.2 Company market share
4.2.1 Smart card
4.2.2 Smart card reader
4.3 Competitive analysis of major market players
4.3.1 VALID
4.3.2 Giesecke & Devrient (G&D) GmbH
4.3.3 Thales Group
4.3.4 IDEMIA
4.3.5 CardLogix Corporation
4.4 Competitive analysis of other prominent market players
4.4.1 Kona I Co., Ltd.
4.4.2 GOLDPAC Group
4.4.3 Ingenico Group
4.4.4 Infineon Technologies AG
Chapter 5 Smart Card Market, By Solution
5.1 Key trends by solution
5.2 Smart card
5.2.1 Market estimates and forecast, 2016 – 2026
5.2.2 Market estimates and forecast, by product, 2016 – 2026
5.2.2.1 Contact-based
5.2.2.2 Contactless
5.2.2.3 Hybrid
5.2.2.4 Dual interface
5.2.3 Market estimates and forecast, by type, 2016 – 2026
5.2.3.1 Memory cards
5.2.3.2 Microprocessor cards
5.3 Smart card reader
5.3.1 Market estimates and forecast, 2016 – 2026
5.3.2 Market estimates and forecast, by component, 2016 – 2026
5.3.2.1 Hardware
5.3.2.2 Software
5.3.2.3 Services
5.3.3 Market estimates and forecast, by product, 2016 – 2026
5.3.3.1 Contact-based
5.3.3.2 Contactless
Chapter 6 Smart Card Market, By Application
6.1 Key trends by application
6.2 SIM & telecom
6.2.1 Market estimates and forecast, 2016 – 2026
6.3 Financial
6.3.1 Market estimates and forecast, 2016 – 2026
6.4 Government & health
6.4.1 Market estimates and forecast, 2016 – 2026
6.5 Retail & gas
6.5.1 Market estimates and forecast, 2016 – 2026
6.6 Access control
6.6.1 Market estimates and forecast, 2016 – 2026
6.7 Transportation
6.7.1 Market estimates and forecast, 2016 – 2026
6.8 Loyalty
6.8.1 Market estimates and forecast, 2016 – 2026
6.9 Others
6.9.1 Market estimates and forecast, 2016 – 2026
Chapter 7 Smart Card Market, By Region
7.1 Key trends by region
7.2 North America
7.2.1 Market estimates and forecast, 2016 – 2026
7.2.2 Market estimates and forecast, by solution, 2016 – 2026
7.2.3 Market estimates and forecast, by application, 2016 – 2026
7.2.4 U.S.
7.2.4.1 Market estimates and forecast, 2016 – 2026
7.2.4.2 Market estimates and forecast, by solution, 2016 – 2026
7.2.4.3 Market estimates and forecast, by application, 2016 – 2026
7.2.5 Canada
7.2.5.1 Market estimates and forecast, 2016 – 2026
7.2.5.2 Market estimates and forecast, by solution, 2016 – 2026
7.2.5.3 Market estimates and forecast, by application, 2016 – 2026
7.3 Europe
7.3.1 Market estimates and forecast, 2016 – 2026
7.3.2 Market estimates and forecast, by solution, 2016 – 2026
7.3.3 Market estimates and forecast, by application, 2016 – 2026
7.3.4 UK
7.3.4.1 Market estimates and forecast, 2016 – 2026
7.3.4.2 Market estimates and forecast, by solution, 2016 – 2026
7.3.4.3 Market estimates and forecast, by application, 2016 – 2026
7.3.5 Germany
7.3.5.1 Market estimates and forecast, 2016 – 2026
7.3.5.2 Market estimates and forecast, by solution, 2016 – 2026
7.3.5.3 Market estimates and forecast, by application, 2016 – 2026
7.3.6 France
7.3.6.1 Market estimates and forecast, 2016 – 2026
7.3.6.2 Market estimates and forecast, by solution, 2016 – 2026
7.3.6.3 Market estimates and forecast, by application, 2016 – 2026
7.3.7 Italy
7.3.7.1 Market estimates and forecast, 2016 – 2026
7.3.7.2 Market estimates and forecast, by solution, 2016 – 2026
7.3.7.3 Market estimates and forecast, by application, 2016 – 2026
7.3.8 Spain
7.3.8.1 Market estimates and forecast, 2016 – 2026
7.3.8.2 Market estimates and forecast, by solution, 2016 – 2026
7.3.8.3 Market estimates and forecast, by application, 2016 – 2026
7.3.9 Turkey
7.3.9.1 Market estimates and forecast, 2016 – 2026
7.3.9.2 Market estimates and forecast, by solution, 2016 – 2026
7.3.9.3 Market estimates and forecast, by application, 2016 – 2026
7.3.10 Netherlands
7.3.10.1 Market estimates and forecast, 2016 – 2026
7.3.10.2 Market estimates and forecast, by solution, 2016 – 2026
7.3.10.3 Market estimates and forecast, by application, 2016 – 2026
7.3.11 Switzerland
7.3.11.1 Market estimates and forecast, 2016 – 2026
7.3.11.2 Market estimates and forecast, by solution, 2016 – 2026
7.3.11.3 Market estimates and forecast, by application, 2016 – 2026
7.3.12 Russia
7.3.12.1 Market estimates and forecast, 2016 – 2026
7.3.12.2 Market estimates and forecast, by solution, 2016 – 2026
7.3.12.3 Market estimates and forecast, by application, 2016 – 2026
7.4 Asia Pacific
7.4.1 Market estimates and forecast, 2016 – 2026
7.4.2 Market estimates and forecast, by solution, 2016 – 2026
7.4.3 Market estimates and forecast, by application, 2016 – 2026
7.4.4 China
7.4.4.1 Market estimates and forecast, 2016 – 2026
7.4.4.2 Market estimates and forecast, by solution, 2016 – 2026
7.4.4.3 Market estimates and forecast, by application, 2016 – 2026
7.4.5 India
7.4.5.1 Market estimates and forecast, 2016 – 2026
7.4.5.2 Market estimates and forecast, by solution, 2016 – 2026
7.4.5.3 Market estimates and forecast, by application, 2016 – 2026
7.4.6 Japan
7.4.6.1 Market estimates and forecast, 2016 – 2026
7.4.6.2 Market estimates and forecast, by solution, 2016 – 2026
7.4.6.3 Market estimates and forecast, by application, 2016 – 2026
7.4.7 South Korea
7.4.7.1 Market estimates and forecast, 2016 – 2026
7.4.7.2 Market estimates and forecast, by solution, 2016 – 2026
7.4.7.3 Market estimates and forecast, by application, 2016 – 2026
7.4.8 Taiwan
7.4.8.1 Market estimates and forecast, 2016 – 2026
7.4.8.2 Market estimates and forecast, by solution, 2016 – 2026
7.4.8.3 Market estimates and forecast, by application, 2016 – 2026
7.4.9 Singapore
7.4.9.1 Market estimates and forecast, 2016 – 2026
7.4.9.2 Market estimates and forecast, by solution, 2016 – 2026
7.4.9.3 Market estimates and forecast, by application, 2016 – 2026
7.4.10 Malaysia
7.4.10.1 Market estimates and forecast, 2016 – 2026
7.4.10.2 Market estimates and forecast, by solution, 2016 – 2026
7.4.10.3 Market estimates and forecast, by application, 2016 – 2026
7.4.11 Thailand
7.4.11.1 Market estimates and forecast, 2016 – 2026
7.4.11.2 Market estimates and forecast, by solution, 2016 – 2026
7.4.11.3 Market estimates and forecast, by application, 2016 – 2026
7.4.12 Australia
7.4.12.1 Market estimates and forecast, 2016 – 2026
7.4.12.2 Market estimates and forecast, by solution, 2016 – 2026
7.4.12.3 Market estimates and forecast, by application, 2016 – 2026
7.5 Latin America
7.5.1 Market estimates and forecast, 2016 – 2026
7.5.2 Market estimates and forecast, by solution, 2016 – 2026
7.5.3 Market estimates and forecast, by application, 2016 – 2026
7.5.4 Brazil
7.5.4.1 Market estimates and forecast, 2016 – 2026
7.5.4.2 Market estimates and forecast, by solution, 2016 – 2026
7.5.4.3 Market estimates and forecast, by application, 2016 – 2026
7.5.5 Mexico
7.5.5.1 Market estimates and forecast, 2016 – 2026
7.5.5.2 Market estimates and forecast, by solution, 2016 – 2026
7.5.5.3 Market estimates and forecast, by application, 2016 – 2026
7.5.6 Argentina
7.5.6.1 Market estimates and forecast, 2016 – 2026
7.5.6.2 Market estimates and forecast, by solution, 2016 – 2026
7.5.6.3 Market estimates and forecast, by application, 2016 – 2026
7.6 MEA
7.6.1 Market estimates and forecast, 2016 – 2026
7.6.2 Market estimates and forecast, by solution, 2016 – 2026
7.6.3 Market estimates and forecast, by application, 2016 – 2026
7.6.4 Saudi Arabia
7.6.4.1 Market estimates and forecast, 2016 – 2026
7.6.4.2 Market estimates and forecast, by solution, 2016 – 2026
7.6.4.3 Market estimates and forecast, by application, 2016 – 2026
7.6.5 UAE
7.6.5.1 Market estimates and forecast, 2016 – 2026
7.6.5.2 Market estimates and forecast, by solution, 2016 – 2026
7.6.5.3 Market estimates and forecast, by application, 2016 – 2026
7.6.6 South Africa
7.6.6.1 Market estimates and forecast, 2016 – 2026
7.6.6.2 Market estimates and forecast, by solution, 2016 – 2026
7.6.6.3 Market estimates and forecast, by application, 2016 – 2026
7.6.7 Qatar
7.6.7.1 Market estimates and forecast, 2016 – 2026
7.6.7.2 Market estimates and forecast, by solution, 2016 – 2026
7.6.7.3 Market estimates and forecast, by application, 2016 – 2026
Chapter 8 Company Profiles
8.1 American Banknote Corporation
8.1.1 Business Overview
8.1.2 Financial Data
8.1.3 Product Landscape
8.1.4 Strategic Outlook
8.1.5 SWOT Analysis
8.2 Bartronics India Limited
8.2.1 Business Overview
8.2.2 Financial Data
8.2.3 Product Landscape
8.2.4 Strategic Outlook
8.2.5 SWOT Analysis
8.3 Cardcom Technology
8.3.1 Business Overview
8.3.2 Financial Data
8.3.3 Product Landscape
8.3.4 Strategic Outlook
8.3.5 SWOT Analysis
8.4 CardLogix Corporation
8.4.1 Business Overview
8.4.2 Financial Data
8.4.3 Product Landscape
8.4.4 Strategic Outlook
8.4.5 SWOT Analysis
8.5 CPI Card Group
8.5.1 Business Overview
8.5.2 Financial Data
8.5.3 Product Landscape
8.5.4 Strategic Outlook
8.5.5 SWOT Analysis
8.6 Eastcompeace Technology Co., Ltd
8.6.1 Business Overview
8.6.2 Financial Data
8.6.3 Product Landscape
8.6.4 Strategic Outlook
8.6.5 SWOT Analysis
8.7 Giesecke & Devrient (G&D) GmbH
8.7.1 Business Overview
8.7.2 Financial Data
8.7.3 Product Landscape
8.7.4 Strategic Outlook
8.7.5 SWOT Analysis
8.8 GOLDPAC Group
8.8.1 Business Overview
8.8.2 Financial Data
8.8.3 Product Landscape
8.8.4 Strategic Outlook
8.8.5 SWOT Analysis
8.9 Hengbao Co. Ltd.
8.9.1 Business Overview
8.9.2 Financial Data
8.9.3 Product Landscape
8.9.4 Strategic Outlook
8.9.5 SWOT Analysis
8.10 IDEMIA
8.10.1 Business Overview
8.10.2 Financial Data
8.10.3 Product Landscape
8.10.4 Strategic Outlook
8.10.5 SWOT Analysis
8.11 Infineon Technologies AG
8.11.1 Business Overview
8.11.2 Financial Data
8.11.3 Product Landscape
8.11.4 Strategic Outlook
8.11.5 SWOT Analysis
8.12 Ingenico Group
8.12.1 Business Overview
8.12.2 Financial Data
8.12.3 Product Landscape
8.12.4 Strategic Outlook
8.12.5 SWOT Analysis
8.13 Inteligensa Group
8.13.1 Business Overview
8.13.2 Financial Data
8.13.3 Product Landscape
8.13.4 SWOT Analysis
8.14 Kona I Co., Ltd.
8.14.1 Business Overview
8.14.2 Financial Data
8.14.3 Product Landscape
8.14.4 Strategic Outlook
8.14.5 SWOT Analysis
8.15 NXP Semiconductors N.V.
8.15.1 Business Overview
8.15.2 Financial Data
8.15.3 Product Landscape
8.15.4 Strategic Outlook
8.15.5 SWOT Analysis
8.16 Perfect Plastic Printing Corporation
8.16.1 Business Overview
8.16.2 Financial Data
8.16.3 Product Landscape
8.16.4 Strategic Outlook
8.16.5 SWOT Analysis
8.17 Identiv, Inc.
8.17.1 Business Overview
8.17.2 Financial Data
8.17.3 Product Landscape
8.17.4 Strategic Outlook
8.17.5 SWOT Analysis
8.18 Square, Inc.
8.18.1 Business Overview
8.18.2 Financial Data
8.18.3 Product Landscape
8.18.4 Strategic Outlook
8.18.5 SWOT Analysis
8.19 Thales Group
8.19.1 Business Overview
8.19.2 Financial Data
8.19.3 Product Landscape
8.19.4 Strategic Outlook
8.19.5 SWOT Analysis
8.20 VALID
8.20.1 Business Overview
8.20.2 Financial Data
8.20.3 Product Landscape
8.20.4 Strategic Outlook
8.20.5 SWOT Analysis
8.21 VeriFone Systems, Inc.
8.21.1 Business overview
8.21.2 Financial data
8.21.3 Product landscape
8.21.4 Strategic outlook
8.21.5 SWOT analysis
8.22 Watchdata
8.22.1 Business Overview
8.22.2 Financial Data
8.22.3 Product Landscape
8.22.4 Strategic Outlook
8.22.5 SWOT Analysis
8.23 Wuhan Tianyu Information Industry Co., Ltd.
8.23.1 Business Overview
8.23.2 Financial Data
8.23.3 Product Landscape
8.23.4 Strategic Outlook
8.23.5 SWOT Analysis

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