The Magnetic Card market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
A magnetic card is a rectangular card that contains either a magnetic object within the card or a magnetic strip on the outside that contains data. It contains information about an individual such as available credit on a credit card or pass codes to enter secure buildings. It can be swiped through a magnetic card reader.
The increasing demand for mobility and connectivity in consumer electronics and testing services drive the global magnetic card market. In addition it offers features such as reliability, versatility, durability, and security, which drives the market growth.
In the global Magnetic Card 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.
In global market, the following companies are covered:
NBS Technologies
Entrust Datacard Corporation
NXP Semiconductors
Infineon Technologies AG
Atmel Corporation
Unigroup Guoxin
Fudan Microelectronics
Consortium for Educational Communication
Gemalto NV
Giesecke and Devrient GmbH
Market Segment by Product Type
Standard-type
Irregular-type
Market Segment by Application
Retail Chain
Hospital
Public Transport System
Residential Area Management
Smart City
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 Magnetic Card market for the forecast period 2020 - 2025?
• What are the driving forces in the Magnetic Card 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 Magnetic Card 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?