Global Smart Cards Market Growth 2023-2029

Global Smart Cards Market Growth 2023-2029

Product Code:461464

Published Date: Feb 08,2023

Pages: 105

Region: Global

Category: Consumer Goods

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A smart card is a device that includes an embedded integrated circuit that can be either a secure microcontroller or equivalent intelligence with internal memory or a memory chip alone.

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

This Insight Report provides a comprehensive analysis of the global Smart Cards 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 Smart Cards portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Smart Cards market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Cards 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 Smart Cards.

The global Smart Cards market size is projected to grow from US$ 635.4 million in 2022 to US$ 787.4 million in 2029; it is expected to grow at a CAGR of 787.4 from 2023 to 2029.

The world's largest patent enterprises are mainly concentrated in Europe. China’s Smart Cards industry is still an undeveloped market. In the coming years, Smart Cards market is expected to witness the highest growth rate in the Asia-Pacific region, especially in China.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Cards market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    One-Time Password (OTP) Display Card
    Multifactor Authentication (MFA) Display Card

Segmentation by application
    BFSI
    Government & 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.
    Hierstar
    Kona I
    Excelsecu
    FEITIAN Technologies
    Cardlab
    SmartDisplayer Technology Co
    Goldpac Group Ltd
    Anica
    Jinco Universal
    Nota Asia Pte Ltd

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