Global smart card market will reach $ 22,262.7 million by 2031, growing by 5.6% annually over 2021-2031, driven by the rising popularity and adoption of these smart cards in various sectors, the high penetration of smart cards in access control and personal identification applications, expansion in the global mobile network and enhancements in its infrastructure, and the surging demand for contactless payments amid COVID-19 pandemic. 

Highlighted with 130 tables and 88 figures, this 207-page report “Global Smart Card Market 2021-2031 by Component (Hardware, Software, Services), Interface (Contact-based, Contactless, Dual, Hybrid), Card Type (Memory-based, MPU Microprocessor), Function (Transaction, Communication, Security & Access Control, Others), Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global smart card market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure 

• Growth Drivers 

• Restraints and Challenges

• Emerging Product Trends & Market Opportunities

• Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global smart card market in every aspect of the classification from perspectives of Component, Interface, Card Type, Function, Industry Vertical, and Region. 

Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. 

• Hardware

• Software

• Services

Based on Interface, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. 

• Contact-based Smart Cards

• Contactless Smart Cards

• Dual-interface Smart Cards

• Hybrid Smart Cards

By Card Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. 

• Memory-based Smart Cards

• MPU Microprocessor-based Smart Cards

By Function, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. 

• Transaction

• Communication

• Security & Access Control

• Other Functions

By Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. 

• BFSI

• IT and Telecom

• Government

• Transportation

• Healthcare

• Retail Industry

• Education

• Other Industry Verticals

Geographically, the following regions together with the listed national/local markets are fully investigated:

• North America (U.S., Canada, and Mexico)

• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

• South America (Brazil, Chile, Argentina, Rest of South America)

• MEA (UAE, Saudi Arabia, South Africa, Other Nations)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of key national markets by Interface, Function, and Industry Vertical over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players: 

ABCorp (American Banknote Corporation)

Alioth LLC

Bundesdruckerei GmbH

CardLogix Corporation

CPI Card Group Inc.

Eastcompeace Technology Co., Ltd. (Potevio Group)

Fingerprint Cards AB

Gemalto NV (Thales Group)

Giesecke & Devrient GmbH (MC Familiengesellschaft mbH)

HID Global Corporation (Assa Abloy AB)

IDEMIA France SAS

Identiv, Inc.

Infineon Technologies AG

IntelCav

Inteligensa SA de CV

KONA I Co., Ltd.

NXP Semiconductors NV

Samsung Electronics Co., Ltd.

Secura Key

VISA Inc.

Watchdata Technologies 

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)