Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Dual
Interface Smart Card Market makes an offering of in-depth analysis of segments
and sub-segments in the regional and international Dual Interface Smart Card
Market. The research also emphasizes on the impact of restraints, drivers, and
macro indicators on the regional and global Dual Interface Smart Card Market over
the short as well as long period of time. A detailed presentation of forecast, trends,
and dollar values of global Dual Interface Smart Card Market is offered. In
accordance with the report, the global Dual Interface Smart Card Market is
projected to expand at a CAGR of 5.5% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
A debit or
credit card with an embedded chip that allows the card to be used in contact
and contactless transactions is known as a dual interface SMART Card. These
products are typically used in government, transportation, retail market,
banking etc. that need enhanced memory than a typical contactless card.
There has been a
considerable rise in retail stores, thereby increasing adoption of customer
loyalty program to support their marketing department. Telecommunication
Industry accounts for the highest majority of share in this market, and with
the telecommunication industry expected to grow at a high rate, facilitated by
increased demand for smartphones and infrastructure to provide stable network,
the growth of Dual Interface SMART Card market is expected to tremendously grow
in the forecast period. Also, increase in sales of SIM Cards due to
telecommunication advancement, will further boost the growth of this market.
Growing focus on digital transactions, backed by various loyalty programs by
offering various gifts are expected to witness huge demand of this market in
the future. Implementation of Internet
of Things (IoT) and launch of Next Generation Networks will help in market
expansion, due to rising demand for various applications like connected cars,
smart cities, smart stadiums smart grids etc. However, the major factor that
might restrain the growth of this market is the high initial cost associated
with dual interface smart cards.
Due to high
growth in consumer electronic industries along with rising demand for loyalty cards,
and technically advanced semiconductor industry along with the high standard of
living, the region of Asia Pacific is expected to witness tremendous growth
opportunities in the forecast period. Increase in demand for SMART Cards with
high security and an automatic updating property, will create major opportunity
for growth of global Dual Interface SMART Card market in coming years. Various
companies are focusing on organic and inorganic growth strategies like product
launches, approvals, mergers and acquisitions, partnership & collaborations
etc. to pave way for expansion and hold a strong foothold in the global dual
interface smart card market. In addition to product portfolio, key players are
also spending large amount of money for research and development activities in
order to provide cards with more memory facilities and elevated data
encryption. Key players are expected to
lucrative growth opportunities in coming years with rising demand for dual
interface SMART card market. Recently, INDEX Biometrics SA launched TrustedBio
to lower biometric SMART Card cost with improved presentation and security.
Segment Covered:
This market
intelligence report on the global Dual Interface Smart Card Market encompasses
market segments based on Substrate, Embedded Chip, Operating System,
Application, and country/regions.
In terms of Substrate, the global Dual
Interface Smart Card Market is segregated
into
§ PVC
§ Composite
§ PC Paper
§ Teslin / Synthetic Paper
§ Others
By embedded chip, the global Dual Interface
Smart Card Market is also
classified into,
§ Microprocessors
§ I2C Straight Memory Cards
§ Stored Value Memory Cards
§ Protected Segment Memory Cards
§ Serial Data Flash
By Operating Systems, the global Dual
Interface Smart Card Market is also
classified into,
§ Fixed File Structure
§ Dynamic Application System
By Applications, the global Dual Interface
Smart Card Market is also
classified into,
§ SIM Cards
§ Telecommunications
§ Loyalty & Stored Value
§ Digital Content
§ Physical Assets
§ E-Commerce
§ Bank Issued SMART Cards
§ Healthcare Informatics
§ Embedded Medical Device Control
§ Enterprise & Network Security
By country/region, the global Dual Interface Smart Card
Market has been divided
into
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ American Banknote Corporation
§ Bartronics India Limited
§ Cardcom Technology
§ Cardlogix Corporation
§ CPI Card Group
§ Eastcompeace Technology Co. Ltd
§ Giesecke & Devrient (G&D) GmBH
§ Goldpac Group
§ Hengbao Co. Ltd
§ IDEMIA
§ Infineon Technologies AG
§ Ingenico Group
§ Inteligensa Group
§ Kona I Co. Ltd.
§ NXP Semiconductors N.V.
§ Perfect Plastic Printing Corporation
§ Identiv Inc.
§ Square Inc.
§ Valid
§ Verifone Systems Inc.
§ Watchdata
§ Wuhan Tianyu Information Industry Co. Ltd
§ Thales Group and more
Other players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Dual Interface Smart Card related investment &
spending and developments by major players of the market are tracked in this
global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Dual Interface Smart Card Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Dual Interface
Smart Card Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Goldpac, Eastcompeace
Technology Co. Ltd, Perfect Plastic Printing Corporation, Identive Inc., Square
Inc., Verifone Systems Inc., Thales Group, Watchdata, Wuhan Tianyu Information
Industry Co. Ltd and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Dual Interface
Smart Card Market caters to the needs
of various stakeholders pertaining to this industry, namely suppliers, manufacturers,
investors, and distributors for Dual Interface
Smart Card Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Dual Interface Smart Card Market
v
Identification
of key factors driving investment opportunities in the Dual Interface Smart
Card Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants