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Smart Card Market By Technology (Contact Card, Contactless Card) By Component(Memory- Based, Microcontroller-Based) By Application (Government, Telecommunication, Retail, Healthcare) - Global opportunity Analysis and Industry Forecast, 2018-2023.


Report Overview

GLOBAL SMART CARD MARKET was valued at USD 9.47 Billion in the year 2017. Global Smart Card Market is further estimated to grow at a CAGR of 9.55% from 2018 to reach USD 16.36 Billion by the year 2023. Asia Pacific region holds the highest market share in 2017 with Europe region is considered as the fastest growing market in the forecasted period. At a country level, China was the biggest market in 2017 and it is projected to grow at a gradual pace in the coming years.

American Express Company. (U.S.), Arm Holdings PLC (U.K.), Microchip Technology Inc. (U.S), are some of the key players in the Smart Card market. Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top manufacturers in recent years.


             Data Security for the cards

             Flexibility and Multiservice


             Cost and Limitations


             New and Innovative Card application


             Lack of business case

The Global Smart Card Market is segmented by technology, by component, by application, and by region. In technology type, Contact based smart card is expected to hold the highest market share during the forecast period. On the other hand, by application Telecommunication market for Smart card is expected to grow at the highest CAGR during the year 2018-2023. The driving factors are the strong adoption of subscriber identity module (SIM) cards for mobile phone.

Key Benefits for Stakeholders

Smart Card Manufacturers, Distributors and Retailers

Research and Consulting organization

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policy actors, and consumers.

By Technology

Contact Card                 

Contactless Card                       

Multi-Component Card

By Component



By Application

Banking, Financial Services, and Insurance (BFSI)           







Pay TV             


By Region

North America




Key Market Players

American Express Company

Arm Holdings Plc.

Microchip Technology Inc. (Atmel Corporation)     

Entrust Datacard Corporation     

Atos SE

Gemalto N.V.

CPI Card Group Inc

(A brief overview of another 13 companies is also provided)

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.
  6. 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 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. Bottoms-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 Type

6.1. Contact Card

6.2. Contactless Card

6.3. Multi-Component Card

7. Smart Card Market, By Component

7.1. Memory-Based

7.2. Microcontroller-Based

8. Smart Card Market, By Application 

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

8.2. Government                       

8.3. Telecommunication             

8.4. Retail                     

8.5. Healthcare             

8.6. Hospitality              

8.7. Transportation                    

8.8. Pay TV                   

8.9. Others

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. U.K.

       9.3.2. Germany

       9.3.3. Russia

       9.3.4. RoE

9.4. Asia Pacific

       9.4.1. South Korea

       9.4.2. China

       9.4.3. Japan

       9.4.4. RoAPAC

9.5. RoW

       9.5.1. Latin America

       9.5.2. Middle East and Africa

10. Company Profiles

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

10.1. American Express Company

10.2. Arm Holdings Plc.

10.3. Microchip Technology Inc. (Atmel Corporation)

10.4. Entrust Datacard Corporation

10.5. Atos SE

10.6. Gemalto N.V. 

10.7. CPI Card Group Inc.

10.8. Giesecke & Devrient (G&D) GmbH

10.9. Diebold Inc.

(A brief overview of another 13 companies is also provided)

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)


No Content Available.



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