SAN FRANCISCO, Jan. 21, 2020 /PRNewswire/ -- The global
banking smart card market is expected to scale new
heights in the years to come. This could be credited to the
ever-increasing trend of cashless transactions. Besides, secure
verification and authentication are the need of the hour. As such,
loads of regional monetary organizations are mandating usage of
smart card-enabled debit and credit cards.
A smart card comes across as a pocket-sized card embedded with
integrated circuits. Banking sector asks for a highly secure
verification technology and authentication that gets least affected
by bank forgery and security threats. According to International
Card Manufacturing Association, debit and credit card fraud
incurred losses close to $11.27
billion as of 2012. Since then, financial payments industry
has drifted toward smart cards.
Download PDF to know more details about
"Banking Smart Card Market" report
2024.
The banking smart card market is segmented on the basis of type,
application, vertical, and geography. By type, the market spans
contactless, contact, and combination of both. By application, it
says financial transactions, communication, transportation, retail
and loyalty, government programs, physical access control,
information security and others. By vertical, the market comprises
healthcare, banking, retail, and others.
By geography, the market of banking smart card constitutes the
U.S., Europe, China, South
Korea, Japan, and
China. Out of them, the U.S. holds
the largest market share; followed by China. Plus, emerging economies like
Taiwan and South Korea are expected to be the
torchbearers in the next 5-7 years. Asia
Pacific is doing the rounds due to economic upswing
witnessed by economies like China
and India. The inordinate
implementation of smart cards herein is one of the potential
factors driving growth of banking smart card market. MEA is also
expected to fall in place soon.
The players contributing to the market of banking smart card
include CardLogix, DataCard, masterCard, Infineon Technologies,
Giesecke & Devrient, Oberthur Technologies, Morpho, Gemalto,
Atmel, American Express, Smart Card IT Solutions, and Bell ID
Access 118 page research report with TOC on "Banking
Smart Card Market" available with Radiant Insights, Inc. @
https://www.radiantinsights.com/research/global-banking-smart-card-market
Market Segmentation:
- Geographically, global Banking Smart Card market competition
by top manufacturers, with production, price, revenue (value) and
market share for each manufacturer; the top players
including
-
- Gemalto
- Giesecke & Devrient
- Morpho
- American Express
- ARM
- Bell ID
- CardLogix
- DataCard
- HID Global
- Infineon Technologies
- MasterCard
- Smart Card IT Solutions
- Visa
- On the basis of product, we research the production,
revenue, price, market share and growth rate, primarily split
into
-
- For the end users/applications, this report focuses on the
status and outlook for major applications/end users, consumption
(sales), market share and growth rate of Banking Smart Card for
each application, including
-
- Production, consumption, revenue, market share and growth
rate are the key targets for Banking Smart Card from 2013 to 2024
(forecast) in these regions
-
- China
- USA
- Europe
- Japan
- Korea
- India
- Southeast Asia
- South America
Browse reports of similar category available with Radiant
Insights, Inc.:
- Contactless Smart Card Market
- IC Card-Smart Card Market
- Smart Card Chip Market
- Contact Smart Cards Market
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