The Contactless Smart Cards market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
A contactless smart card is a contactless credential whose dimensions are credit-card size. Its embedded integrated circuits can store (and sometimes process) data and communicate with a terminal via NFC. Commonplace uses include transit tickets and passports.
Smart cards are pocket-sized cards that contain integrated circuits and can be used for individual identification and authentication by organizations across various sectors. The prospects for growth in this market will be driven by factors like the high convenience of contactless smart cards and the augmented utilization of contactless smart cards by governments to address their rising need for security.
The rising need for a tamper-resistant system will be the key driver for In the global Contactless Smart Cards market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
The key players covered in this study
Gemalto
Giesecke & Devrient
Oberthur Technologies
Safran
Watchdata
Morpho
Sony
Infineon Technologies
NXP Semiconductors
CardLogix
Advanced Card Systems
SpringCard
Secura Key
DataCard
Market Segment by Product Type
RFID
RFIC
RFCPU
Market Segment by Application
Access Control
Payment
Transit
Government ID
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Contactless Smart Cards market for the forecast period 2020 - 2025?
• What are the driving forces in the Contactless Smart Cards market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Contactless Smart Cards industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?