How big is the Smart Card Market?

The Global Smart Card Market size is expected to be worth around USD 29.6 Billion by 2033 , from USD 16.7 Billion in 2023 , growing at a CAGR of 5.9% during the forecast period from 2024 to 2033.

What are the factors driving the smart cards market growth?

The growing need for secure and convenient payment methods is a significant factor driving the smart cards market. Smart cards offer enhanced security features, making them ideal for payment transactions.

Which region accounted for the largest smart cards market share?

In 2023, Asia-Pacific held a dominant market position in the Smart Card market, capturing more than a 38% share.

Who are the key players in smart card market?

Gemalto (Thales Group), Giesecke+Devrient, IDEMIA, NXP Semiconductors, Infineon Technologies, CPI Card Group, STMicroelectronics, HID Global, Oberthur Technologies (OT-Morpho), Samsung Electronics Co., Ltd., Sony Corporation, Other Key Players

Which application held the maximum share in 2023?

In 2023, the Telecommunications segment held a dominant market position in the Smart Card Market, capturing more than a 41% share.

Smart Card Market Size, Share, Trends

Global Smart Card Market By Type (Contact Cards, Contactless Cards and Dual Interface Smart Cards), By Application (Banking and Financial Services, Telecommunications, Healthcare, Transportation, Government and Public Sector, Retail and Loyalty Programs, Other Applications), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

Published date: July 2024
Report ID: 19653
Number of Pages: 374
Format:

- Gemalto (Thales Group)
- Giesecke+Devrient
- IDEMIA
- NXP Semiconductors
- Infineon Technologies
- CPI Card Group
- STMicroelectronics
- HID Global
- Oberthur Technologies (OT-Morpho)
- Samsung Electronics Co., Ltd.
- Sony Corporation
- Other Key Players
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