Global Biometric Smart Payment Card Supply, Demand and Key Producers, 2023-2029

Global Biometric Smart Payment Card Supply, Demand and Key Producers, 2023-2029

The global Biometric Smart Payment Card market size is expected to reach $ 2193.8 million by 2029, rising at a market growth of 96.3% CAGR during the forecast period (2023-2029).

A smart card is an identification card that uses biometric analysis to identify an individual. Smart cards come in many forms, but the most common and popular are processors with built-in memory or smart cards with memory chips. These cards interface through direct physical contact with the scanner or a remote electromagnetic interface. These cards can store large amounts of data, encrypt and digitally sign it, and link this information to remote contactless systems such as electromagnetic card readers. By using this technology, biometric cards offer greater security than traditional contactless payment methods. During transaction processing, the card compares the user's fingerprint on the scanner with reference data stored in the card's security chip before authorizing the payment. No personal data is kept on the bank's servers or sent to a central database. So, in the event of a theft, customers don't have to worry about their accounts being defrauded. It adds an extra layer of protection and keeps user account details safe. This added protection of the biometric card has no payment threshold, allowing its consumers to make high or low value transactions.

This report studies the global Biometric Smart Payment Card production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Biometric Smart Payment Card, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Biometric Smart Payment Card that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Biometric Smart Payment Card total production and demand, 2018-2029, (K Units)

Global Biometric Smart Payment Card total production value, 2018-2029, (USD Million)

Global Biometric Smart Payment Card production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Biometric Smart Payment Card consumption by region & country, CAGR, 2018-2029 & (K Units)

U.S. VS China: Biometric Smart Payment Card domestic production, consumption, key domestic manufacturers and share

Global Biometric Smart Payment Card production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)

Global Biometric Smart Payment Card production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Biometric Smart Payment Card production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units)

This reports profiles key players in the global Biometric Smart Payment Card market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include IDEMIA, Giesecke & Devrient, Gemalto, Jinco Universal, CPI Card Group, Thales, Kona I, Cardlab and Anica, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Biometric Smart Payment Card market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Biometric Smart Payment Card Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Biometric Smart Payment Card Market, Segmentation by Type
Fingerprint Smart Card with Display
Non-Display Fingerprint Smart Card

Global Biometric Smart Payment Card Market, Segmentation by Application
Finance
Government & Public Utilities
Transportation
Others

Companies Profiled:
IDEMIA
Giesecke & Devrient
Gemalto
Jinco Universal
CPI Card Group
Thales
Kona I
Cardlab
Anica
Goldpac Group
Excelsecu

Key Questions Answered

1. How big is the global Biometric Smart Payment Card market?

2. What is the demand of the global Biometric Smart Payment Card market?

3. What is the year over year growth of the global Biometric Smart Payment Card market?

4. What is the production and production value of the global Biometric Smart Payment Card market?

5. Who are the key producers in the global Biometric Smart Payment Card market?

6. What are the growth factors driving the market demand?