Worldwide Contactless Smart Card Industry to 2026 - Ongoing Technological and Infrastructure Advancements Presents Opportunities


Dublin, Dec. 21, 2021 (GLOBE NEWSWIRE) -- The "Contactless Smart Card Market Research Report by Type, Technology, Application, and Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to's offering.

The Global Contactless Smart Card Market size was estimated at USD 16.47 billion in 2020, is expected to reach USD 17.90 billion in 2021, and projected to grow at a CAGR of 9.00% reaching USD 27.64 billion by 2026.

Market Statistics

The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.

Market Segmentation & Coverage

This research report categorizes the Contactless Smart Card to forecast the revenues and analyze the trends in each of the following sub-markets:

  • Based on Type, the market was studied across CPU/MPU Cards and Proximity Cards.
  • Based on Technology, the market was studied across Memory smart Card and Smartcard Integrated Circuits.
  • Based on Application, the market was studied across Access Control, Government ID, Payment, and Transit.
  • Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Competitive Strategic Window

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Contactless Smart Card Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Company Usability Profiles

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Contactless Smart Card Market, including AB Corp Ltd., Alioth LLC, Bartronics India Limited, CPI Card Group, Data Card Ltd., Eastcompeace Technology Co., Ltd, Giesecke & Devrient GmbH, HID Global Corporation, IDEMIA Group, Infineon Technologies, Infineon Technologies AG, Inteligensa Group, Inteligensa SA, NXP Semiconductors NV, PARAGON ID SA, Siepmann's Card System Pvt Ltd, SpringCard SAS, Square, Inc., Thales Group, VeriFone, Inc., and Watchdata Technologies LLC.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Global Contactless Smart Card Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Contactless Smart Card Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Contactless Smart Card Market?
4. What is the competitive strategic window for opportunities in the Global Contactless Smart Card Market?
5. What are the technology trends and regulatory frameworks in the Global Contactless Smart Card Market?
6. What is the market share of the leading vendors in the Global Contactless Smart Card Market?
7. What modes and strategic moves are considered suitable for entering the Global Contactless Smart Card Market?

Key Topics Covered:

1. Preface

2. Research Methodology

3. Executive Summary

4. Market Overview
4.1. Introduction
4.2. Cumulative Impact of COVID-19

5. Market Dynamics
5.1. Introduction
5.2. Drivers
5.2.1. Rising demand in the healthcare sector
5.2.2. Growing demand for contactless payments?
5.2.3. Increasing adoption in the banking and financial sector
5.3. Restraints
5.3.1. Increased popularity of e-commerce
5.4. Opportunities
5.4.1. Increased popularity of e-commerce
5.4.2. Growing adoption in the banking and financial sector
5.4.3. Ongoing technological and infrastructure advancements
5.5. Challenges
5.5.1. High infrastructure costs, along with security and data theft concerns

6. Contactless Smart Card Market, by Type
6.1. Introduction
6.2. CPU/MPU Cards
6.3. Proximity Cards

7. Contactless Smart Card Market, by Technology
7.1. Introduction
7.2. Memory smart Card
7.3. Smartcard Integrated Circuits

8. Contactless Smart Card Market, by Application
8.1. Introduction
8.2. Access Control
8.3. Government ID
8.4. Payment
8.5. Transit

9. Americas Contactless Smart Card Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Contactless Smart Card Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand

11. Europe, Middle East & Africa Contactless Smart Card Market
11.1. Introduction
11.2. France
11.3. Germany
11.4. Italy
11.5. Netherlands
11.6. Qatar
11.7. Russia
11.8. Saudi Arabia
11.9. South Africa
11.10. Spain
11.11. United Arab Emirates
11.12. United Kingdom

12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.1.1. Quadrants
12.1.2. Business Strategy
12.1.3. Product Satisfaction
12.2. Market Ranking Analysis
12.3. Market Share Analysis, by Key Player
12.4. Competitive Scenario
12.4.1. Merger & Acquisition
12.4.2. Agreement, Collaboration, & Partnership
12.4.3. New Product Launch & Enhancement
12.4.4. Investment & Funding
12.4.5. Award, Recognition, & Expansion

13. Company Usability Profiles
13.1. AB Corp Ltd.
13.2. Alioth LLC
13.3. Bartronics India Limited
13.4. CPI Card Group
13.5. Data Card Ltd.
13.6. Eastcompeace Technology Co., Ltd.
13.7. Giesecke & Devrient GmbH
13.8. HID Global Corporation
13.9. IDEMIA Group
13.10. Infineon Technologies
13.11. Infineon Technologies AG
13.12. Inteligensa Group
13.13. Inteligensa SA
13.14. NXP Semiconductors NV
13.16. Siepmann's Card System Pvt Ltd.
13.17. SpringCard SAS
13.18. Square, Inc.
13.19. Thales Group
13.20. VeriFone, Inc.
13.21. Watchdata Technologies LLC

14. Appendix

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