Global Smart Card and Security Chip Market Growth 2025-2031

The global Smart Card and Security Chip market size is predicted to grow from US$ 3648 million in 2025 to US$ 6162 million in 2031; it is expected to grow at a CAGR of 9.1% from 2025 to 2031.

Smart Card and Security Chip is a trusted platform module. It is a device that can independently generate, encrypt and decrypt keys. It has an independent processor and storage unit, which can store keys and characteristic data, and provide encryption and security authentication services. Thereby protecting business privacy and data security. The Smart Card and Security Chip industry can be broken down into several segments, Contact, Contactless, etc. Across the world, the major players cover NXP Semiconductors, Infineon, Samsung, STMicroelectronics, Shanghai Fudan Microelectronics Group Co., Ltd., Unigroup Guoxin Microelectronics Co., Ltd., HED, etc.

Global core smart card and security chip players include NXP Semiconductors, Infineon and Samsung etc. The top 3 companies hold a share about 66%. North America is the largest market, with a share about 42%, followed by Europe with the share about 40%.

In terms of product, contactless product is the largest segment, with a share about 72%. And in terms of sales channels, the largest application is BFSI，with a share about 60%.

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

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

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

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

Segmentation by Type:

Contact

Contactless

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 analysing the company's coverage, product portfolio, its market penetration.

NXP Semiconductors

Infineon

Samsung

STMicroelectronics

Shanghai Fudan Microelectronics Group Co., Ltd.

Unigroup Guoxin Microelectronics Co., Ltd.

HED

Microchip

Datang Telecom Technology Co.,Ltd.

Nations Technologies Inc.

Giantec Semiconductor Corporation

China Information Communication Technologies

CCore Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Smart Card and Security Chip market?

What factors are driving Smart Card and Security Chip market growth, globally and by region?

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

How do Smart Card and Security Chip market opportunities vary by end market size?

How does Smart Card and Security Chip break out by Type, by Application?

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