Global Smart Card in Government Market Growth 2023-2029

Global Smart Card in Government Market Growth 2023-2029

Smart cards are pocket-sized cards that are embedded with integrated circuits. Smart cards can be used in many sectors such as banking, financial services, and insurance (BFSI); transportation; government; and healthcare for identification and authentication. They provide individuals with authorized access to secured premises of an organization to ensure data security and confidentiality. Smart cards are used for various applications such as payments and transit ticketing.

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

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

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

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

APAC is the largest market for smart cards in the government sector and accounted for around 45% of the overall market share during 2017. Some of the major APAC countries contributing to the market growth are Australia, China, Japan, and India as they face a high risk of fraudulent activities. Factors such as the high adoption of contactless smart cards for near-field communication (NFC) payments will drive the demand for smart cards in the region.

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

Market Segmentation:

Segmentation by type
Contact Smart Card
Contactless Smart Card

Segmentation by application
Identification and Authentication
Entrance and Exit
Other

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
Giesecke & Devrient
Oberthur Technologies
Morpho (Safran)
VALID
Eastcompeace
Wuhan Tianyu
Datang
Kona I
CPI Card Group
Watchdata Systems Co. Ltd
Hengbao

Key Questions Addressed in this Report

What is the 10-year outlook for the global Smart Card in Government market?

What factors are driving Smart Card in Government market growth, globally and by region?

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

How do Smart Card in Government market opportunities vary by end market size?

How does Smart Card in Government break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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