Florida, December 19, 2017: Smart card is a type of chip-card or a plastic card which contains embedded micro chip includes microprocessor or memory type. It stores and manages data used in different applications such as in electronic cash payments, telephone calling and more. Smart card presents data storage, authentication and personal identification; it may have contactless or contact smart card. It provides high security authentication over large organizations. Smart cards can used in different application and occupies large data compare to magnetic stripe. Smart cards which are programmed and contain data are used for different applications. Some smart cards are updated later to include new applications. Smart cards develop the expediency and security of any transaction. They give tamper proof storage of consumer data and account information. It is more reliable compare to other machine readable cards

    The smart cards market is expected to exceed more than US$14 billion by 2023 growing at a CAGR of more than 7.0% in the given forecast period from 2015 to 2023.

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    The major driving factors of smart cards market are as follows:

    • Increasing mobile phone subscriber globally
    • Increasing interest for high capability SIM card
    • Rising demand for reliability and security
    • Support multi application by NFC

    The restraints factors of smart cards market are as follows:

    • Slow appearance of standards
    • Cost attrition
    • High cost of transfer into smartcard friendly readers which minimize the acceptance of smartcard

    This report provides:

    1) An overview of the global market for smart cards and related technologies.

    2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2023.

    3) Identifications of new market opportunities and targeted promotional plans for smart cards

    4) Discussion of research and development, and the demand for new products and new applications.

    5) Comprehensive company profiles of major players in the industry.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Gemalto NV, Giesecke & Devrient (G&D) GmbH, Infineon Technologies AG, and NXP Semiconductors. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

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    Table of Contents

    chapter 1 INTRODUCTION

    Chapter 2 Executive Summary

    Chapter 3 Global Smart Cards Market Analysis, 2013 – 2023 (US$ Mn & Mn Units)

    3.1 Overview
    3.2 Key Trends Analysis
    3.3 Impact Analysis
    3.3.1 Impact Analysis of NFC Technology
    3.3.1.1 Global NFC Enabled Smart Phone Shipment Market Volume and Forecast, 2014 – 2018 (Mn Units)
    3.3.2 Impact Analysis of M2M Communication on the Smart Card Market
    3.3.2.1 Global utilities market (Electricity, Water & Gas) M2M, Volume and Forecast, 2011 – 2016 (Mn Units)
    3.3.3 Impact Analysis of Direct Antenna Attach Technology on Smart Cards Market
    3.3.3.1 Global Smart Cards Y-o-Y Revenue Growth (US$ Mn) and Global Contactless Card Revenue Contribution (%).
    3.4 Market Dynamics
    3.4.1 Drivers
    3.4.1.1 Growing demand for secure and reliable payment transactions across the retail and BFSI industry
    3.4.1.1.1 Global Mobile Payments Transaction, Revenue and Forecast, 2010 – 2017 (US$ Bn)
    3.4.1.2 Cost savings scheme for merchants from payments brands such as Visa, MasterCard and Europay
    3.4.1.3 Rising number of mobile phone subscribers worldwide
    3.4.1.3.1 Mobile Subscribers Worldwide: 2011 – 2014
    3.4.1.3.2 Mobile Subscribers Worldwide, by developed and developing nations: 2014
    3.4.1.3.3 Mobile Subscribers Worldwide, by Regions: 2014
    3.4.2 Restraints
    3.4.2.1 Initial high cost to migrate to smartcard compatible readers affects the adoption of smartcards
    3.4.3 Opportunities
    3.4.3.1 Delivering complete solutions including software and services related to smart cards
    3.4.3.2 Introduction of high-end SIMs in terms of NFC capability and LTE providers
    3.5 Technology Overview
    3.5.1 Comparative Analysis of Smart Card Technologies
    3.5.2 Comparative Analysis of Smart Card Components
    3.6 Ecosystem Analysis for Global Smart Cards Market
    3.6.1 Raw Material Suppliers
    3.6.2 Smart IC Manufacturers
    3.6.3 Solution Providers
    3.6.4 OEMs
    3.6.5 End-users
    3.7 Global Smart Cards Market Analysis, By Type, 2013 – 2023 (US$ Mn & Mn Units)
    3.7.1 Overview
    3.7.2 Contact Smart Cards
    3.7.2.1 Global Contact Smart Cards Market Revenue and Volume, 2013 – 2023 (US$ Mn & Mn Units)
    3.7.2.2 Global Contact Smart Cards Market Revenue and Volume, 2015 (US$ Mn & Mn Units)
    3.7.3 Contactless Smart Cards
    3.7.3.1 Global Contactless Smart Cards Market Revenue and Volume, 2013 – 2023 (US$ Mn & Mn Units)
    3.7.3.2 Global Contactless Smart Cards Market Revenue and Volume, 2015 (US$ Mn & Mn Units)
    3.7.4 Hybrid Smart Cards
    3.7.4.1 Global Hybrid Smart Cards Market Revenue and Volume, 2013 – 2023 (US$ Mn & Mn Units)
    3.7.4.2 Global Hybrid Smart Cards Market Revenue and Volume, 2015 (US$ Mn & Mn Units)
    3.7.5 Dual-interface Smart Cards
    3.7.5.1 Global Dual-interface Smart Cards Market Revenue and Volume, 2013 – 2023 (US$ Mn & Mn Units)
    3.7.5.2 Global Dual-interface Smart Cards Market Revenue and Volume, 2015 (US$ Mn & Mn Units)
    3.8 Global Smart Cards Market Analysis, By Component, 2013 – 2023 (US$ Mn & Mn Units)
    3.8.1 Overview
    3.8.2 Microcontroller Based Smart Cards
    3.8.2.1 Global Microcontroller-based Smart Cards Market Revenue & Volume, 2013 – 2023 (US$ Mn & Mn Units)
    3.8.2.2 Global Microcontroller-based Smart Cards Market Revenue and Volume, 2015 (US$ Mn & Mn Units)
    3.8.3 Memory Card-based Smart Cards
    3.8.3.1 Global Memory Card-based Smart Cards Market Revenue & Volume, 2013 – 2023 (US$ Mn & Mn Units)
    3.8.3.2 Global Memory Card-based Smart Cards Market Revenue and Volume, 2015 (US$ Mn & Mn Units)
    3.9 Competitive Landscape
    3.9.1 Market Positioning of Key Players, 2014
    3.9.2 Competitive Strategies Adopted by Leading Players

    Chapter 4 North America Smart Cards Market Analysis, 2013 – 2023 (US$ Mn & Mn Units)

    Chapter 5 Europe Smart Cards Market Analysis, 2013 – 2023 (US$ Mn & Mn Units)

    Chapter 6 Asia Pacific Smart Cards Market Analysis, 2013 – 2023 (US$ Mn & Mn Units)

    Chapter 7 Middle East & Africa Smart Cards Market Analysis, 2013 – 2023 (US$ Mn & Mn Units)

    Chapter 8 Latin America Smart Cards Market Analysis, 2013 – 2023 (US$ Mn & Mn Units)

    Chapter 9 Company Profiles

    9.1 American Express Company

    9.2 Atos SE

    9.3 NXP Semiconductors NV

    9.4 Infineon Technologies AG

    9.5 Gemalto NV

    9.6 INSIDE Secure SA

    9.7 Giesecke & Devrient (G&D) GmbH

    9.8 Texas Instruments, Inc.

     

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    Source: http://www.financeswire.com/smart-cards-market-is-expected-to-get-us-14-0-billion-by-2023