Global Smart Card IC Market Trends, Forecast and Competitive Analysis 2018-2023 with Profiles of Infineon Technologies, NXP Semiconductor, Samsung, STMicroelectronics, and CEC Huada Electronic Design
Friday, August 10, 2018
DUBLIN, Aug. 10, 2018 /PRNewswire/ --
The "Smart Card IC Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The global smart card IC market is expected to reach an estimated $4.3 billion by 2023 with a CAGR of 4.0% from 2018 to 2023.
The future of the smart card integrated circuit (IC) market looks attractive with opportunities in telecommunication, payment and banking, transportation, e-government, and others. The major drivers for the growth of this market are increasing usage of Subscriber Identification Module (SIM) cards for mobile phones, growing adoption of electronic identification cards for various e-governance projects, and increasing usage of smart cards in payment and banking industries.
Emerging trends, which have a direct impact on the dynamics of the smart card IC industry, include the development of smart card IC that can provide more security and integration of smart cards with biometrics.
In this market two types of cards, such as microcontroller and memory based are used. Microcontroller based smart card IC will remain the largest type, and it is expected to witness the highest growth during the forecast period as it enables secure payment facilities, authentication, and information storage for consumers.
The global smart card IC market is being used in various end use industries, such as e-government, telecommunication, transportation, payment and banking, and others. Telecommunication will remain the largest application segment during the forecast period supported by the rising adoption for subscriber identity modules (SIM) cards for mobile phones.
Asia Pacific is expected to be the largest region over the forecast period supported by increasing demand for smartphones in China and India. The government of various Asian countries mandates smart card IC in national ID cards, driving licenses, and other government identification cards, which is expected to drive the Asian smart card IC market during the forecast period.
Some of the smart card IC companies profiled in this report include Infineon Technologies AG, NXP Semiconductor, Samsung Electronics, STMicroelectronics, and CEC Huada Electronic Design Co. Ltd and others.
Scope of the Report
Smart Card IC Market by Card Type [$M shipment analysis from 2012 to 2023]:
Smart Card IC Market by Type of Interface [$M shipment analysis from 2012 to 2023]:
Smart Card IC Market by End Use Industry [$M shipment analysis from 2012 to 2023]:
-- Payment and Banking
Some of the features of Smart Card IC Market Report: Trends, Forecast and Competitive Analysis include:
-- Market size estimates: Global smart card IC market size estimation in
terms of value ($M) shipment.
-- Trend and forecast analysis: Market trend (2012-2017) and forecast
(2018-2023) by application, and end use industry.
-- Segmentation analysis: Global smart card IC market size by various
applications such as card type, type of interface, and end use industry
in terms of value and volume shipment.
-- Regional analysis: Global smart card IC market breakdown by North
America, Europe, Asia Pacific, and the Rest of the World.
-- Growth opportunities: Analysis on growth opportunities in different
applications and regions of smart card IC in the global smart card IC
-- Strategic analysis: This includes M&A, new product development, and
competitive landscape of smart card IC in the global smart card IC
-- Analysis of competitive intensity of the industry based on Porter's Five
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications
3. Market Trends and Forecast Analysis from 2012 to 2023
4. Market Trends and Forecast Analysis by Region
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
-- CEC Huada Electronic Design Co., Ltd.
-- EM Microelectronic-Marin SA
-- Infineon Technologies AG
-- NXP Semiconductors N.V.
-- On Semiconductor Corporation
For more information about this report visit https://www.researchandmarkets.com/research/nc8p2n/global_smart_card?w=5
Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager.
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
View original content:http://www.prnewswire.com/news-releases/global-smart-card-ic-market-trends-forecast-and-competitive-analysis-2018-2023-with-profiles-of-infineon-technologies-nxp-semiconductor-samsung-stmicroelectronics-and-cec-huada-electronic-design-300695426.html
SOURCE Research and Markets
||Sears Declares Bankruptcy, a New Low for the Former Retail Giant - Freedonia Analysts Weigh In | Oct 19, 2018
||Office Ergonomics: It's Time for a Workplace Renewal | Oct 19, 2018
||Evolve IP Named To Gartner's 2018 Magic Quadrant for Contact Center as a Service, North America | Oct 19, 2018
||ISCO International adopts Sitetracker to manage workflows as business grows | Oct 19, 2018
||NS Glasses, the World's First Headset to Bring 3D Perspective to Nintendo Switch, Launches on Indiegogo | Oct 19, 2018
||Emilio Braun Burillo, Executive VP of America TeVe is nominated for an Emmy® by the National Academy of Arts in Television and Science by the Suncoast Regional Chapter | Oct 19, 2018
||NASA's 60 Years of Exploration and Discovery Celebrated in New Faircount Release | Oct 19, 2018
||HUAWEI Announces Grand Prize Winner for Second Annual NEXT-IMAGE Awards, Presented in Collaboration with ICP | Oct 19, 2018
||PowerPro: Self-Contained 6 Channel DMX Decoder and Power Supply from Environmental Lights | Oct 19, 2018
||Joshua Harris, Agency Growth Secrets Founder, Recognizes Former Army Officer For Receiving Entrepreneur of the Year Award | Oct 19, 2018