Global Smart Cards Market Growth 2023-2029
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?
Please note: The report will take approximately 2 business days to prepare and deliver.
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