Global Contactless Smart Card IC Market Growth 2025-2031

The global Contactless Smart Card IC market size is predicted to grow from US$ 18230 million in 2025 to US$ 32050 million in 2031; it is expected to grow at a CAGR of 9.9% from 2025 to 2031.

Non-contact IC card, also known as radio frequency card, is composed of IC chip and induction antenna, which are packaged in a standard PVC card, and the chip and antenna have no exposed parts. Contactless IC card is a new technology developed in the world in recent years. It successfully combines radio frequency identification technology and IC card technology, ending the problem of passive (no power in the card) and contact-free. It is a major breakthrough in the field of electronic devices.

The global contactless smart card IC market size in 2022 is US$14.5 billion. It is expected that during the forecast period, the global smart card IC market size will grow at an average growth rate of 9.5% and reach US$15.8 billion in 2028.

LP Information, Inc. (LPI) ' newest research report, the “Contactless Smart Card IC Industry Forecast” looks at past sales and reviews total world Contactless Smart Card IC sales in 2024, providing a comprehensive analysis by region and market sector of projected Contactless Smart Card IC sales for 2025 through 2031. With Contactless Smart Card IC sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Contactless Smart Card IC industry.

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

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

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

Segmentation by Type:
Memory Chip
Microcontroller Chip

Segmentation by Application:
Telecommunications
Transportation
Finance
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 analysing the company's coverage, product portfolio, its market penetration.
NXP Semiconductors
Infineon Technologies
Samsung
STMicroelectronics
Cardzgroup
Sony Corporation
CPI Card Company
Square Inc.
Francisco Partners
Inteligensa Group
CARD Corporation
Giesecke+Devrient
Ingenico
Shanghai Huahong
Shanghai Fudan Microelectronics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Contactless Smart Card IC market?

What factors are driving Contactless Smart Card IC market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Contactless Smart Card IC market opportunities vary by end market size?

How does Contactless Smart Card IC break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.