Pre-order Enquiry
Request Free Sample
Healthcare
Aerospace & Defence
Agriculture
Automations
Chemicals & Advanced Materials
Food & Beverages
Information & Communication Technology
Oil & Gas
Power & Energy
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.
China’s Smart Card industry is still in the development stage. China is a large population country, there are only few manufacturers which can produce the Smart Card product. Most of Smart Card products are still relying on import. With the People’s Bank of China (PBOC) have announced all banking cards in China would migrate to smart cards,the demand for smart card have a rapid development in recent two years. At present, there is still a wide gap in the market size, the capital , marketing, product development or technical studies between China domestic enterprises and foreign enterprises , especially in some high-end technology field.
In the coming years, Smart Card market is expected to witness the highest growth rate in the Asia-Pacific region. Although Smart Card brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
Market Analysis and Insights: Global Smart Card Market
The global Smart Card market was valued at US$ 9253.4 in 2020 and will reach US$ 12400 million by the end of 2027, growing at a CAGR of 5.0% during 2022-2027.
Global Smart Card Scope and Market Size
The global Smart Card market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Smart Card market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Contact Cards
Contactless Cards
Memory Cards
CPU/MPU Microprocessor Multifunction Cards
Segment by Application
Secure identity applications
Healthcare applications
Payment applications
Telecommunications applications
The Smart Card market is analysed and market size information is provided by regions (countries). Segment by Application, the Smart Card market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Gemalto
Giesecke & Devrient
Oberthur Technologies
Morpho (Safran)
VALID
Eastcompeace
Wuhan Tianyu
Datang
Kona I
CPI Card Group
Watchdata Systems Co. Ltd
Hengbao
China’s Smart Card industry is still in the development stage. China is a large population country, there are only few manufacturers which can produce the Smart Card product. Most of Smart Card products are still relying on import. With the People’s Bank of China (PBOC) have announced all banking cards in China would migrate to smart cards,the demand for smart card have a rapid development in recent two years. At present, there is still a wide gap in the market size, the capital , marketing, product development or technical studies between China domestic enterprises and foreign enterprises , especially in some high-end technology field.
In the coming years, Smart Card market is expected to witness the highest growth rate in the Asia-Pacific region. Although Smart Card brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
Market Analysis and Insights: Global Smart Card Market
The global Smart Card market was valued at US$ 9253.4 in 2020 and will reach US$ 12400 million by the end of 2027, growing at a CAGR of 5.0% during 2022-2027.
Global Smart Card Scope and Market Size
The global Smart Card market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Smart Card market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Contact Cards
Contactless Cards
Memory Cards
CPU/MPU Microprocessor Multifunction Cards
Segment by Application
Secure identity applications
Healthcare applications
Payment applications
Telecommunications applications
The Smart Card market is analysed and market size information is provided by regions (countries). Segment by Application, the Smart Card market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Gemalto
Giesecke & Devrient
Oberthur Technologies
Morpho (Safran)
VALID
Eastcompeace
Wuhan Tianyu
Datang
Kona I
CPI Card Group
Watchdata Systems Co. Ltd
Hengbao
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
