Banking and Payment Smart Cards Market
The ” Banking and Payment Smart Cards – Market Development Outlook ” Study has been added to AMA Research repository. The study envisage detailed qualitative as well as quantitative market data insights and follows Industry benchmark classification and NAICS standards to built strong players coverage in the study. Some of the major and emerging players identified are Morpho (Fance), Oberthur Technologies (France), American Express (United States), MasterCard (United States), Visa (United States), DataCard (United States), CPI Card Group Inc. (United States), CardLogix Corporation (United States), Giesecke & Devrient GmbH (Germany), Infineon Technologies (Germany).
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Scope of the Report of Banking and Payment Smart Cards
Smart Cards are the pocket size cards which can be embedded with an integrated circuit. Also called a chip card, an integrated circuit card(ICC). Additionally, in the banking and payment industry, smart cards acts will as electronic wallets. Furthermost, Smart card can be used as identification cards, authentication cards in schools, healthcare industries. Fueling growth in cashless transactions will boost the global banking and payment smart cards market. The banking industry needed highly secure verification and authentication technology which can provide by the smart cards system.
According to AMA, the market for Banking and Payment Smart Cards is expected to register a CAGR of 9.0% during the forecast period to 2026. This growth is primarily driven by Fueling Growth in Cashless Transactions, Increasing Use of Technology for Secure Payments and Rising Demand of Mobile Phones in Developing Countries.
The titled segments and sub-section of the market are illuminated below:
by Type (Contact-based Smart Cards, Contactless Smart Cards), Application (Financial Applications, Communications Applications, Government Programs, Information Security, Physical Access Control, Transportation, Retail and Loyalty, Healthcare, Student Identification), Component (Hardware, Software, Service)
Opportunities:
High Demand due to Acceptance of Smart Cards for Business Strategies
Market Drivers:
Fueling Growth in Cashless Transactions
Increasing Use of Technology for Secure Payments
Rising Demand of Mobile Phones in Developing Countries
Market Trends:
Adoption of technology such as Ru pay, Visa, and MasterCard
Fueling Demand High-end SIM with LTE Providers as well as NFC-Enabled Devices
Increasing Demand of NFC Products
Key Developments in the Market:
On 12th November 2018, Infineon Technologies AG acquired Siltectra GmbH for an innovative technology (Cold Split) to work on crystal material efficiently and with minimal loss of material. and On 3rd August 2018, Entrust Datacard acquired CensorNet for increasing features of authentication for reducing frauds
On 20th Feb 2018, Infineon has acquired Merus Audio for use technology such as a leading-edge Class-D Audio amplifier portfolio which is very demanding in various applications.
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Banking and Payment Smart Cards Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Banking and Payment Smart Cards market
Chapter 2: Exclusive Summary – the basic information of the Banking and Payment Smart Cards Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Banking and Payment Smart Cards
Chapter 4: Presenting the Banking and Payment Smart Cards Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Banking and Payment Smart Cards market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Banking and Payment Smart Cards Market is a valuable source of guidance for individuals and companies.
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Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies’ revenues.
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