Worldwide Smart Cards Market Discussed by MarketSizeInfo.com in New Research Report Published at MarketPublishers.com24 Oct 2013 • by Natalie Aster
LONDON – In 2011, the global market for smart cards (cards incorporating an electronic integrated circuit) had a value of around USD 4.7 billion. Contact cards form the leading market segment, accounting for almost 68% share of the overall market. Growth in the smart cards market is driven by the rising adoption of smart cards by various government and corporate agencies for reasons of flexibility and security, and the increasing demand for smart cards in the emerging markets.
Globally, the market for smart cards is poised to record a CAGR of 7.4% during the forecast period to climb to approximately USD 7.3 billion in 2017. The contact cards segment is likely to witness a CAGR of 7.8% to reach 6.6 billion units by 2017.
New research report “Global Market for Smart Cards (Cards Incorporating An Electronic Integrated Circuit) to 2017 - Market Size, Growth and Forecasts in Nearly 50 Countries” created by MarketSizeInfo.com provides an insightful overview of the worldwide smart cards market.
The report is the essential source of qualitative and quantitative information on the global smart cards market. It discloses vital data on the market size and value, outlines the major market challenges and opportunities, and provides comprehensive market analyses for nearly 50 individual countries. The research study characterizes the current situation in the market, sheds light on the historical market development, besides outlining future growth prospects for the global and national markets for smart cards.
Global Market for Smart Cards (Cards Incorporating An Electronic Integrated Circuit) to 2017 - Market Size, Growth and Forecasts in Nearly 50 Countries
Published: October, 2013
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