Technology

Global Contactless Smart Cards Competition, Forecast & Opportunities 2019

In this report, the Global Contactless Smart Cards Competition, Forecast & Opportunities 2019 market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Global Contactless Smart Cards Competition, Forecast & Opportunities 2019 market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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A contactless smart card is a contactless credential whose dimensions are credit-card size. Its embedded integrated circuits can store (and sometimes process) data and communicate with a terminal via NFC. Commonplace uses include transit tickets and passports.

Smart cards are pocket-sized cards that contain integrated circuits and can be used for individual identification and authentication by organizations across various sectors. The prospects for growth in this market will be driven by factors like the high convenience of contactless smart cards and the augmented utilization of contactless smart cards by governments to address their rising need for security.

The rising need for a tamper-resistant system will be the key driver for the growth of this market. Smart cards with magnetic strips have the capability to store financial information about end users. However, these cards can easily be tampered with, which will result in the loss of personal information or data. Since contactless smart cards with PIN codes are difficult to tamper with, they are increasingly being adopted to bolster the safety of the card holder’s accounts.

In this market research, analysts have estimated the government ID sector to be the largest market segment during the estimated period. The growing need for contactless smart cards in government organizations for individual identification and authentication will result in this market segment’s impressive CAGR of over 30% until 2020.

The global Contactless Smart Cards market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.

This report focuses on Contactless Smart Cards volume and value at global level, regional level and company level. From a global perspective, this report represents overall Contactless Smart Cards market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

Gemalto

Giesecke & Devrient

Oberthur Technologies

Safran

Watchdata

Morpho

Sony

Infineon Technologies

NXP Semiconductors

CardLogix

Advanced Card Systems

SpringCard

Secura Key

DataCard

Segment by Regions

North America

Europe

China

Japan

Segment by Type

RFID

RFIC

RFCPU

Segment by Application

Access Control

Payment

Transit

Government ID

Others

Browse full research report at https://www.crystalmarketreport.com/global-contactless-smart-cards-competition-forecast-andamp;-opportunities-2019

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