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Smart Card Market Drivers, Restraints, Opportunities, By Design Type (Contact Smart Cards, Contactless Smart Cards, Hybrid Smart Cards), By Component Type (Microprocessor-Based Smart Card, Memory-Based Smart Card), By Application (Public Transit, Government and Regional Authorities, Telecommunication, Schools, Healthcare, Banking, Financial Services, and Insurance) Business Overview, Analysis and Industry Forecast 2019-2024


Report Overview

GLOBAL SMART CARD MARKET was valued at USD XX Billion in the year 2018. Global Smart Card Market is further estimated to grow at a CAGR of XX% from 2019 to reach USD XX Billion by the year 2024.

Asia-Pacific region holds the highest market share in 2018 and also considered as the fastest growing market in the forecasted period. At a country level, developed markets like China holds the notable market share in 2018 and it is projected to grow at a gradual rate in the coming years.

Infineon Technologies AG, Sony Corporation, Gemalto N.V., HID Global Corporation, Giesecke & Devrient GmbH, Ingenico Group SA, IDEMIA France SAS, NXP Semiconductors N.V. , VeriFone Systems, Inc., Samsung Electronics Co., Ltd., STMicroelectronics NV, Fingerprint Cards AB, Beijeng Watchdata Co. Ltd., PAX Global Technology Ltd., Rambus Inc., CPI Card Group Inc., Identiv, Inc., KONA I Co., Ltd., VALID, Versasec AB are some of the key players in the Smart Card Market with Giesecke & Devrient GmbH holding the substantial market share because of its better technological advancements and global reach. Technological upgradation to cater changing demand of end users, similarly growth strategies such as acquisition & merger were few techniques adopted by most of the top players in last 5 years.


Flexible and convenient platform for multiple services.


Reducing demand of smart cards due to acquisition of mobile wallets.


Security attributes augmented by blockchain technology.


Prevention from security attacks.

Segmentation done on the basis of Design Type includesContact Smart Cards, Contactless Smart Cards and Hybrid Smart Cards is expected to hold the highest market share during the forecast period. On the other hand, segmentation done on the basis of Component Type includes Microprocessor-Based Smart Card and Memory-Based Smart Card of which Microprocessor-Based Smart Card segment is expected to grow at the XX% CAGR during the forecast period.

Key Benefits for Stakeholders

Smart Card manufacturers,

E-commerce industry,

Industry associations and experts,

Raw material suppliers for Smart Card manufacturers,

The manufacturing industry as an end-user, traders, distributors, and suppliers of Smart Card.

By Design Type

Contact Smart Cards

Contactless Smart Cards

Hybrid Smart Cards

By Component Type

Microprocessor-Based Smart Card

Memory-Based Smart Card

By Application

Public Transit

Government and Regional Authorities




Banking, Financial Services, and Insurance (BFSI)


By Region

North America




Key Market Players

Infineon Technologies AG

Sony Corporation

Gemalto N.V.

HID Global Corporation

Giesecke & Devrient GmbH

Ingenico Group SA


NXP Semiconductors N.V.

VeriFone Systems, Inc.

Samsung Electronics Co. Ltd.

STMicroelectronics N.V.

Fingerprint Cards AB

Beijeng Watchdata Co. Ltd.

PAX Global Technology Ltd.

Rambus Inc.

CPI Card Group Inc.

Identiv, Inc.

KONA I Co. Ltd.


Versasec AB

(Another brief information of 10 companies will provided in report)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

  1. Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
  2. Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
  3. To avoid bias, we filter the collected data collected from authenticated sources.
  4. GMI has a well proven Statistical Modeling System for estimates and forecasts.
  5. Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.

Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet with your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

1. Introduction

1.1 Market Vision

       1.1.1 Market Definition

       1.1.2 Market Scope

1.2 Limitations

1.3 Stakeholders

2. Research Methodology

2.1. Research Process

       2.1.1. Secondary Research

    Key Data from Secondary Research

       2.1.2. Primary Research

    Key Data from Primary Research

    Breakdowns of Primary Interviews

2.2. Market Size Estimation

       2.2.1. Bottom-Up Approach

       2.2.2. Top-Down Approach

       2.2.3. Annual Revenue Process

2.3. Data Triangulation 

2.4. Research Assumptions 

       2.4.1. Assumption

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

4.6. Regulations

4.7. Supply Chain/Value Chain Analysis

4.8. Patent & Standards

5. Industry Trends

5.1. Introduction

5.2. Porter’s Five Forces Analysis

       5.2.1. Threat of New Entrants

       5.2.2. Threat of Substitutes

       5.2.3. Bargaining Power of Buyers

       5.2.4. Bargaining Power of Suppliers

       5.2.5. Intensity of Competitive Rivalry

6. Smart Card Market, By Design Type

6.1.Contact Smart Cards

6.2. Contactless Smart Cards

6.3. Hybrid Smart Cards

7. Smart Card Market, By Component Type

7.1. Microprocessor-Based Smart Card

7.2. Memory-Based Smart Card

8. Smart Card Market, By Application

8.1. Public Transit

8.2. Government and Regional Authorities

8.3. Telecommunication

8.4. Schools

8.5. Healthcare

8.6. Banking, Financial Services, and Insurance (BFSI)

8.7. Retail

9. Geographical Analysis

9.1. Introduction

9.2. North America

       9.2.1. U.S.

       9.2.2. Canada

       9.2.3. Mexico

9.3. Europe

       9.3.1. Germany

       9.3.2. U.K.

       9.3.3. Russia

       9.3.4. RoE

9.4. Asia Pacific

       9.4.1. China

       9.4.2. India

       9.4.3. Japan

       9.4.4. RoAPAC

9.5. RoW

       9.5.1. South Africa

       9.5.2. Middle East

10. Company Profiles

(Business Overview, Financial Overview, Product write Up, Recent Developments)

10.1. Infineon Technologies AG

10.2. Sony Corporation

10.3. Gemalto N.V.

10.4. HID Global Corporation

10.5. Giesecke & Devrient GmbH

10.6. Ingenico Group SA

10.7. IDEMIA France SAS

10.8. NXP Semiconductors N.V.

10.9. VeriFone Systems Inc.

10.10. Samsung Electronics Co., Ltd.

10.11. STMicroelectronics N.V.

10.12. Fingerprint Cards AB

10.13. Beijeng Watchdata Co. Ltd.

10.14. PAX Global Technology Ltd.

10.15. Rambus Inc.

10.16. CPI Card Group Inc.

10.17. Identiv, Inc.

10.18. KONA I Co. Ltd.

10.19. VALID

10.20. Versasec AB

(Another brief information of 10 companies will provided in report)

11. Competitive Analysis

11.1. Introduction

11.2. Market Positioning of Key Players

11.3 Competitive Strategies Adopted by Leading Players

        11.3.1. Investments & Expansions

        11.3.2. New Product Launches

        11.3.3. Mergers & Acquisitions

        11.3.4. Agreements, Joint Ventures, and Partnerships

12. Appendix

12.1. Questionnaire

12.2. Available Customizations 

12.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)


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