World Smart Card Technologies Market to Post 8.7% CAGR to 2022, States BCC Research in Its In-demand Report Added at MarketPublishers.com12 Sep 2017 • by Natalie Aster
LONDON – Globally, the value of the market for smart card technologies stood at USD 6.7 billion as of 2016. The sector is set to surge from close to USD 7.3 billion in 2017 to amount to USD 11 billion by end-2022, registering an 8.7% CAGR over the forecast period.
North America’s market is anticipated to post a 7.6% CAGR over 2017-2022, with the value surging from around USD 1.2 billion in 2017 to USD 1.7 billion in by the end of the period.
APAC market is projected to expand from USD 2.8 billion in 2017 to USD 4.5 billion in 2022, demonstrating a 9.9% CAGR through to 2022.
The cutting-edge research report “Smart Card Technologies and Global Markets” issued by BCC Research gives a comprehensive evaluation of the performance of the market on a global scale.
The research publication sheds light on a historical evolution of the market and technology background. It provides a detailed market analysis and categorisation by technology type, end-use sector, and by application. A granular analysis of the major geographical markets is also included. The study provides extensive reviews of patents and novel developments. It provides a detailed assessment of the opportunities in the market, covering market strategies by company type, MNOs, mobile device suppliers, and payment networks and banks. The research report sheds light on the major forces restraining and stimulating the market growth. Furthermore, the report canvasses the competitive scenario and includes granular profiles of the outstanding market players. It also provides future forecasts of the market development through 2022.
More in-demand reports elaborated by our partner, BCC Research, are available in the publisher’s catalogue at MarketPublishers.com.