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According to our (Global Info Research) latest study, the global Smart Card market size was valued at USD 18710 million in 2022 and is forecast to a readjusted size of USD 23490 million by 2029 with a CAGR of 3.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of smart card include Thales Group, IDEMIA, Giesecke & Devrient, CPI Card Group, Eastcompeace, etc. The top five players hold a share about 20%. China is the largest producer, has a share about 31%, followed by Europe and North America, with share 27% and 17%, respectively. The largest market is Europe, with a share about 26%, followed by North America and China, with share 16% and 15%, separately.
A smart card, a type of chip card, is a plastic card embedded with a computer chip that stores and transacts data between users. This data is associated with either value or information or both and is stored and processed within the card's chip, either a memory or microprocessor. The card data is transacted via a reader that is part of a computing system. Smart card-enhanced systems are in use today throughout several key applications, including healthcare, banking, entertainment and transportation. To various degrees, all applications can benefit from the added features and security that smart cards provide.
This report is a detailed and comprehensive analysis for global Smart Card market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Smart Card market size and forecasts, in consumption value ($ Million), sales quantity (B Units), and average selling prices (USD/K Units), 2018-2029
Global Smart Card market size and forecasts by region and country, in consumption value ($ Million), sales quantity (B Units), and average selling prices (USD/K Units), 2018-2029
Global Smart Card market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (B Units), and average selling prices (USD/K Units), 2018-2029
Global Smart Card market shares of main players, shipments in revenue ($ Million), sales quantity (B Units), and ASP (USD/K Units), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Smart Card
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Smart Card market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Thales Group, IDEMIA, Giesecke & Devrient, CPI Card Group and Eastcompeace, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Smart Card market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Contact Smart Card
- Contactless Smart Card
- Dual Interface Card
Market segment by Application
- Communication
- Finance
- Transportation
- Government
- Medical
- Others
Major players covered
- Thales Group
- IDEMIA
- Giesecke & Devrient
- CPI Card Group
- Eastcompeace
- Valid
- Watchdata
- Hengbao
- HID Global
- Chutian Dragon
- Kona I
- Wuhan Tianyu
- Inteligensa
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Smart Card product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Smart Card, with price, sales, revenue and global market share of Smart Card from 2018 to 2023.
Chapter 3, the Smart Card competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Smart Card breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Smart Card market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Smart Card.
Chapter 14 and 15, to describe Smart Card sales channel, distributors, customers, research findings and conclusion.