Global Dual Interface IC Card Market Growth 2023-2029

Global Dual Interface IC Card Market Growth 2023-2029

Product Code:450315

Published Date: Feb 08,2023

Pages: 106

Region: Global

Category: Electronics & Semiconductor

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The Dual Interface IC Card is a type of smart card with an embedded contactless chip. The card number and user’s identifying information are still contained on the face of the card, and an EMV chip (Europay, MasterCard, and Visa chip) may be used to provide added security in credit and debit card transactions. Having both a contactless chip and a magnetic strip (or chip-and-PIN) allows the cardholder to conduct transactions on a wider variety of machines.

LPI (LP Information)' newest research report, the “Dual Interface IC Card Industry Forecast” looks at past sales and reviews total world Dual Interface IC Card sales in 2022, providing a comprehensive analysis by region and market sector of projected Dual Interface IC Card sales for 2023 through 2029. With Dual Interface IC Card sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Dual Interface IC Card industry.

This Insight Report provides a comprehensive analysis of the global Dual Interface IC Card landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Dual Interface IC Card portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Dual Interface IC Card market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Dual Interface IC Card and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Dual Interface IC Card.

The global Dual Interface IC Card market size is projected to grow from US$ 2357.6 million in 2022 to US$ 4037.3 million in 2029; it is expected to grow at a CAGR of 4037.3 from 2023 to 2029.

Global Dual Interface IC Card key players include Gemalto, Oberthur Technologies, Giesecke & Devrient, Goldpac, Eastcompeace, etc.

China is the largest market, with a share about 40%, followed by Europe, and North America, both have a share about 35 percent. 
In terms of product, Standard-Type is the largest segment, with a share nearly 95%. And in terms of application, the largest application is Finance, followed by Government and Public Utilities, Transportation , etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Dual Interface IC Card market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Standard
    Irregular

Segmentation by application
    Finance
    Government and Public Utilities
    Transportation
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Gemalto
    Oberthur Technologies
    Giesecke & Devrient
    Goldpac
    Eastcompeace
    CPI Card Group
    Hengbao
    VALID
    Wuhan Tianyu
    Watchdata Systems Co. Ltd
    Datang
    Kona I

Key Questions Addressed in this Report
What is the 10-year outlook for the global Dual Interface IC Card market?
What factors are driving Dual Interface IC Card market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Dual Interface IC Card market opportunities vary by end market size?
How does Dual Interface IC Card break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?