Use of Smart Cards Rising in IndiaFuelled by a strong demand in a number of public and private projects, the market for smartcards is expected to grow rapidly in India.Over the last decade, smart cards have significantly reduced our dependence on paper basedapplications making information easily available. IMARC Group, one of the world’s leadingresearch and advisory firms, finds that smart cards are not only rapidly replacing paper andmagnetic stripe cards wherever they are in use but have also started penetrating into sectorsthat had remained untapped so far. According to the firm’s new report, “Indian Smart CardMarket Report & Forecast: 2011-2016”, till recently, the telecom sector had been the onlyprominent user of smart cards in the country. The picture is now undergoing a radical change.Driven by a number of public and private initiatives, the use of smart cards is getting more andmore diversified.The report suggests that smart cards currently form a core part of the Indian E-governanceinitiatives. Smart cards are currently/expected to be issued in a number of E-governanceprojects such as the National Population Register Project, MNREGA, RSBY, ECHS, E-passports, Ration Cards, Driver’s License and Registration Certificate, PAN Cards, Ticketingetc. Apart from the public sector, the opportunity of smart cards in the banking and retail sectorsare also huge. Findings from the report suggest that currently only a fraction of credit and debitcards in India are smart cards. Most banks, however, are shifting from magnetic stripe cards tosmart cards. This is expected to create a huge opportunity of smart cards in this segment. Apartfrom credit debit and cards, the Indian retail sector also provides a huge opportunity in othersegments where smart cards currently have a negligible presence. These include E-Purse,loyalty cards, frequent shopper, frequent flyer, food courts, gaming zones, etc.IMARC Group’s new report entitled “Indian Smart Card Market Report & Forecast: 2011-2016” provides exhaustive information and objective analysis on the Indian smart card marketalong with its various segments and sub-segments. The study that has been undertaken usingboth desk-based and qualitative primary research has analyzed various aspects and provides acomprehensive understanding of the Indian smart card market. The report can serve as anexcellent guide for investors, researchers, consultants, marketing strategists, and all those whoare looking to foray into the Indian smart card market in some form or the other.
Table of Contents1. Research Methodology & Market Definitions2. Executive Summary3. Why is the Indian Smart Card Market so Lucrative? 3.1 India’s Large Population Provides a Huge Consumer Base for Mass Market Applications 3.2 E-Governance Initiatives by the Central & State Governments to Create Huge Opportunities 3.3 Modernization of the Transportation Systems will Expand Smartcard Usage 3.4 Untapped Retail & Banking Sectors 3.5 Growth in the Country’s GSM Subscribers will Drive Demand in the Telecom Sector 3.6 Adoption of Smart Cards in Identity Management is Increasing4. Challenges Faced by the Indian Smart Card Market 4.1 Technical & Bureaucratic Delays 4.2 Infrastructure Constraints 4.3 Limited Awareness 4.4 Declining Prices5. Indian Smart Card Market Performance 5.1 Current Trends 5.2 Market Forecast6. Market Analysis by Applications 6.1 Telecommunication 6.1.1 Overview 6.1.2 Smart Card Sales & Volume: Current Trends & Forecast 6.3 National Population Register 6.3.1 Overview 6.3.2 Smart Card Sales & Volume: Current Trends & Forecast 6.4 Financial Services 6.4.1 Credit/Debit Cards 184.108.40.206 Overview 220.127.116.11 Smart Card Sales & Volume: Current Trends & Forecast 6.4.2 Financial inclusion 18.104.22.168 Overview 22.214.171.124 Smart Card Sales & Volume: Current Trends & Forecast 6.4.3 PAN Cards 126.96.36.199 Overview 188.8.131.52 Smart Card Sales & Volume: Current Trends & Forecast 6.5 Travel Identity 6.5.1 E-Passports 184.108.40.206 Overview 220.127.116.11 Smart Card Sales & Volume: Current Trends & Forecast 6.5.2 Driving License 18.104.22.168 Overview 22.214.171.124 Smart Card Sales & Volume: Current Trends & Forecast 6.5.3 Registration Certificates 126.96.36.199 Overview 188.8.131.52 Smart Card Sales & Volume: Current Trends & Forecast 6.6 Automatic Fare Collection 6.6.1 Metro Rail Projects
184.108.40.206 Delhi Metro 220.127.116.11 Kolkata Metro 18.104.22.168 Bangalore Metro 22.214.171.124 Mumbai Metro 126.96.36.199 Hyderabad Metro 188.8.131.52 Chennai Metro 184.108.40.206 Other Metro Projects 6.6.2 Bus Transportation 220.127.116.11 Ahmedabad Bus Rapid Transport System 18.104.22.168 BEST & NMMT 6.6.3 Indian Railways 6.7 Public Distribution Systems 6.7.1 Overview 6.7.2 Smart Card Sales & Volume: Current Trends & Forecast 6.8 Health Care 6.8.1 Rashtriya Swasthya Bima Yojana 22.214.171.124 Overview 126.96.36.199 Smart Card Sales & Volume: Current Trends & Forecast 6.8.2 Ex-Servicemen Contributory Health Scheme 188.8.131.52 Overview 184.108.40.206 Smart Card Sales & Volume: Current Trends & Forecast7. About IMARC GroupTo buy the complete report or to get a free sample, please contact:IMARC Group - AsiaEmail: email@example.comPhone: +91-120-415-5099IMARC Group - Europe, Middle East & AfricaEmail: firstname.lastname@example.orgPhone: +91-120-415-5099IMARC Group - Europe, Middle East & AfricaEmail: email@example.comPhone: +1-631-791-1145For more information please visit: http://www.imarcgroup.com/indian-smart-card-market-report-forecast-2011-2016/KeywordsSmart card market, Indian smart card market, transportation, telecommunication, financial inclusion,public distribution, Debit Card, Credit Card