Deerfield Beach, FL -- (SBWire) -- 07/15/2015 --Global Smart Card Market 2015-2018
Smart cards are IC cards that are used to store and retrieve data using computer systems. Smart cards comprises a central processing unit and different types of memory units. As smart cards are easily portable, they are widely used in various parts of the world for different applications. Moreover, smart cards provide a cost-effective way of storing, managing, and maintaining accounts for end-users.
Global Smart Cards market to grow at a CAGR of 6.62 percent over the period 2013-2018.
About the Report
The security and technology used in smart cards has evolved over the years to incorporate increased functionalities and storage capacity. This has resulted in increased interest from financial institutions and corporate entities to deploy smart cards, thus leading to the market growth.
The report also highlights the growing popularity of contactless ID cards that are more user-friendly than contact-based cards. Many countries have started deploying contactless e-ID cards in order to strengthen security in their respective regions.
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Covered in this Report
This report covers the present scenario and the growth prospects of the Global Smarts Card market for the period 2015-2018. This report covers the entire range of smart cards including contact based, contactless, dual interface, hybrid smart cards, and their applications in various sectors.
Global Smart Cards Market 2015-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the Global Smart Cards market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Smart cards are portable and cost effective IC cards used for storing, managing and maintaining accounts or data for end-users.
"Countries like France, Russia, Brazil, Indonesia, Poland and Malaysia are expected to experience high adoption of contactless smart cards in the coming years. Likewise, South Africa and Canada are also expected to experience an extensive adoption of smart ID cards."
Key Vendors:
CardLogix
Gemalto
Giesecke and Devrient
Morpho
Oberthur Technologies
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Other Prominent Vendors:
Eastcompeace Technology
IRIS
Muhlbauer
Global Smart Card Market 2015 Reviews, Research, Trends and Forecast to 2019
Global Smart Card Market 2015-2018 is expected to witness strong growth at a CAGR of 6.62% during the period 2013-2018.