According to the latest report by IMARC Group, finds that the global smart card market size reached a value of US$ 8.4 Billion in 2021.A smart card is an electronic device used to access and manipulate the data stored in it. It is a physical card containing an embedded memory or a microcontroller in a contact pad, which can be either a simple memory circuit or a microprocessor with memory. The smart card is generally connected to a host controller based on RF communication technology through a card reader.
2. Report Description
About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on
management strategy and market research worldwide. We partner with clients in all regions
and industry verticals to identify their highest-value opportunities, address their most critical
challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing
methods are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our
clients achieve unmatchable competitive advantage, build more proficient organizations, and
secure lasting results.
3. Report Description
Report Description and Highlights
Global Smart Card Market Outlook 2022-2027:
The latest report by IMARC Group, titled “Smart Card Market: Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2022-2027,” finds that the global smart card market size reached a
value of US$ 8.4 Billion in 2021.
A smart card is an electronic device used to access and manipulate the data stored in it. It is a physical
card containing an embedded memory or a microcontroller in a contact pad, which can be either a
simple memory circuit or a microprocessor with memory. The smart card is generally connected to a
host controller based on RF communication technology through a card reader.
It offers enhanced reusability, secure transaction, and storage of a large amount of data. As a result,
smart cards encourage smart payment mode and supplement secure payment transactions in various
banking, financial, healthcare, and government sectors.
Request for a PDF sample of this report: https://www.imarcgroup.com/smart-card-
market/requestsample
4. Report Description
Report Description and Highlights
Global Smart Card Market Drivers/Constraints:
The market is primarily driven by the significant growth of the healthcare sector that employs smart
cards in electronic medical records, telemedicine, and other IT services to deliver and manage
healthcare systems. Nowadays, the rising use of e-commerce websites to buy goods and services is also
fueling the market growth.
These platforms are adopting cashless or digital payment methods facilitating effortless transactions in
everyday use like paying utility bills and prepaid mobile recharge. Besides this, rapid digitalization, and
the surging cashless transactions, are also escalating the demand for smart cards across various end-use
industries.
Furthermore, technological advancements, such as the introduction of hybrid smart cards with memory
and microprocessors, which provide physical access to prohibited areas, personal identification,
authentication, data storage, and application processing, are creating a positive outlook for the market.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/smart-card-market
5. Report Description
Report Description and Highlights
Key Market Segmentation
The research report includes the following segments:
Breakup by Type:
• Contact-Based
• Contactless
• Dual Interface
Breakup by Component:
• Memory Based
• Microcontroller Based
• Magnetic Stripes
6. Report Description
Report Description and Highlights
Breakup by Application:
• Payment Transactions
• ID Verification
• Access Control
Breakup by End User:
• BFSI
• Telecommunication
• Healthcare
• Government
• Transportation
7. Report Description
Report Description and Highlights
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Looking forward, IMARC Group expects the market to reach a value of US$ 11.1 Billion by 2027
exhibiting a CAGR of 4.60% during 2022-2027.
8. Report Description
Report Description and Highlights
Competitive Landscape:
• Bartronics India Ltd
• CardLogix Corporation
• CPI Card Group
• Fingerprint Cards AB
• Giesecke+Devrient (MC Familiengesellschaft mbH)
• IDEMIA, Identiv Inc
• NXP Semiconductors N.V
• Samsung Electronics Co. Ltd
• Secura Key
• Thales Group
• Watchdata Technologies Co. Ltd
Note: We are updating our reports, If you want the report with the latest primary and secondary
data (2022-2027) including industry trends, market size and Competitive landscape, etc.
Click here: https://www.imarcgroup.com/smart-card-market/requestsample
9. Report Description
Key Questions Answered in the Report
1. What has been the historical growth rate of the global Smart Card Market?
2. What has been the impact of COVID-19 on the global Smart Card Market?
3. What are the key factors driving the global Smart Card Market?
4. What is the breakup of the global Smart Card Market based on the type?
5. What is the breakup of the global Smart Card Market based on the application?
6. What is the breakup of the global Smart Card Market based on the distribution channel?
7. What are the key regions in the global Smart Card Market?
8. Who are the key players/companies in the global Smart Card Market?
10. Report Description Table of Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
11. Report Description Table of Contents
5 Global Smart Card Market Industry
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Breakup by Component
5.6 Market Breakup by Application
5.7 Market Breakup by End User
5.8 Market Breakup by Region
Click here to visit the complete table of content with list of figures and tables:
https://www.imarcgroup.com/smart-card-market/toc
12. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients
13. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients