North America Smart Card Market Report 2023: Sector to Reach $6.23 Billion by 2032 at a 6.3% CAGR


Dublin, May 05, 2023 (GLOBE NEWSWIRE) -- The "North America Smart Card Market 2022-2032 by Component, Interface, Card Type, Function, Industry Vertical, and Country: Trend Forecast and Growth Opportunity" report has been added to ResearchAndMarkets.com's offering.

North America smart card market is projected to grow by 6.3% annually in the forecast period and reach $6,235.1 million by 2032, driven by the rising popularity and adoption of these smart cards in various sectors, the high penetration of smart cards in access control and personal identification applications, expansion in the North America mobile network and enhancements in its infrastructure, and the surging demand for contactless payments amid COVID-19 pandemic.

This 155-page report is based on a comprehensive research of the entire North America smart card market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year.

In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter's Five Forces

The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America smart card market in every aspect of the classification from perspectives of Component, Interface, Card Type, Function, Industry Vertical, and Country.

Based on Component, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

  • Hardware
  • Smart Cards
  • Smart Card Readers
  • Software
  • Services

Based on Interface, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

  • Contact-based Smart Cards
  • Contactless Smart Cards
  • Dual-interface Smart Cards
  • Hybrid Smart Cards

By Card Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

  • Memory-based Smart Cards
  • MPU Microprocessor-based Smart Cards

By Function, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

  • Transaction
  • Communication
  • Security & Access Control
  • Other Functions

By Industry Vertical, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

  • BFSI
  • IT and Telecom
  • Government
  • Transportation
  • Healthcare
  • Retail Industry
  • Education
  • Other Industry Verticals

Geographically, the following national/local markets are fully investigated:

  • U.S.
  • Canada
  • Mexico

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Interface, Function, and Industry Vertical over the forecast years are also included.

The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)


Key Attributes:

Report AttributeDetails
No. of Pages155
Forecast Period2022 - 2032
Estimated Market Value (USD) in 2022$3392.5 Million
Forecasted Market Value (USD) by 2032$6235.1 Million
Compound Annual Growth Rate6.3%
Regions CoveredNorth America


Key Topics Covered:

1 Introduction

2 Market Overview and Dynamics

3 Segmentation of North America Market by Component

4 Segmentation of North America Market by Interface

5 Segmentation of North America Market by Card Type

6 Segmentation of North America Market by Function

7 Segmentation of North America Market by Industry Vertical

8 North America Market 2022-2032 by Country

9 Competitive Landscape

Companies Mentioned

  • ABCorp (American Banknote Corporation)
  • Alioth LLC
  • Bundesdruckerei GmbH
  • CardLogix Corporation
  • CPI Card Group Inc.
  • Eastcompeace Technology Co., Ltd. (Potevio Group)
  • Fingerprint Cards AB
  • Gemalto NV (Thales Group)
  • Giesecke & Devrient GmbH (MC Familiengesellschaft mbH)
  • HID Global Corporation (Assa Abloy AB)
  • IDEMIA France SAS
  • Identiv, Inc.
  • Infineon Technologies AG
  • IntelCav
  • Inteligensa SA de CV
  • KONA I Co., Ltd.
  • NXP Semiconductors NV
  • Samsung Electronics Co., Ltd.
  • Secura Key
  • VISA Inc.
  • Watchdata Technologies

For more information about this report visit https://www.researchandmarkets.com/r/paas4m

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North American Smart Card Market

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