Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Contactless Smart Cards Market by Type (RFID, RFIC, RFCPU), By Application (Access Control, Payment, Transit, Government ID, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Contactless Smart Cards Market by Type (RFID, RFIC, RFCPU), By Application (Access Control, Payment, Transit, Government ID, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 130065 3300 Electronics & Semiconductor 377 243 Pages 4.5 (37)

Market Overview:

The global contactless smart cards market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for contactless payment and transit applications, rising adoption of NFC-enabled devices, and growing government initiatives for contactless identification cards. Based on type, the RFID segment is expected to account for the largest share of the global contactless smart cards market in 2018. This can be attributed to its growing popularity among retail businesses for tracking inventory and preventing theft. The RFIC segment is projected to grow at the highest CAGR during the forecast period owing to its increasing demand from automotive manufacturers for advanced driver assistance systems (ADAS). Based on application, payment is estimated to account for the largest share of the global contactless smart cards market in 2018.

Global Contactless Smart Cards Industry Outlook

Product Definition:

A contactless smart card is a plastic credit-card size card that contains an embedded chip and antenna. The chip communicates with a contactless reader, which is typically part of an electronic device such as a point-of-sale terminal, ticket validator, or automated teller machine. When the cardholder holds the card within close proximity to the reader (usually within four inches), it wirelessly transmits data to and from the chip.


Radio-frequency identification (RFID) is an electronic device or a group of devices used to create and use radio frequencies to transfer data from a tag, antenna, or wirelessly powered label. It is one of the most prominent technologies that are used in contactless smart cards for transportation, healthcare & medical applications such as patient tracking and staff monitoring. The technology uses electromagnetic fields for communication which tags attached with specific information absorb and reflect back when they come in contact with an RFID reader.


Radio-frequency identification (RFID) is a technology that involves the use of electromagnetic radio waves for contactless communication between an RFIC (Radio-frequency Identification Circuit) and an antenna. The primary applications of RFID include warehouse management, inventory control, palletizing and tracking products in retail stores, security systems including access control to buildings or regions as well as transportation management.

Application Insights:

The payment application segment dominated the global market in 2017. Contactless smart cards are widely used for payment applications such as mobile payments, e-wallets, and store credits. The growing adoption of these cards for online and offline transactions offers a cost-effective and secure solution while boosting business growth across the globe.

The access control application segment is expected to grow at a significant rate over the forecast period owing to its rising adoption in building access management systems among other uses such as time attendance or tracking assets. These solutions help reduce costs associated with conventional security systems by enabling easy identification of visitors through their RFID technology while providing more flexibility regarding access control settings.

Regional Analysis:

North America is expected to be the key regional market over the forecast period owing to various government initiatives and increasing penetration of contactless smart cards in payment applications. The U.S. is one of the major countries that have adopted RFID technology for supply chain management, access control, and identification purposes at a domestic level; however, there is a significant lack of regulations regarding its use for commercial applications which has led to non-adoption by some companies within this region.

The Asia Pacific region accounted for more than 30% share in 2016 owing to increased adoption by governments as well as other public sector entities such as education institutes.

Growth Factors:

  • Increasing demand for contactless smart cards from the transportation sector as a result of government initiatives to promote the use of such cards for fare payments.
  • Proliferation of NFC-enabled smartphones and other mobile devices, which is aiding the growth of the contactless smart card market.
  • Rising demand for secure and convenient payment methods, especially in developing countries.
  • Growing popularity of loyalty programs among consumers, which is benefiting the growth prospects of contactless smart cards market.

Scope Of The Report

Report Attributes

Report Details

Report Title

Contactless Smart Cards Market Research Report

By Type


By Application

Access Control, Payment, Transit, Government ID, Others

By Companies

Gemalto, Giesecke & Devrient, Oberthur Technologies, Safran, Watchdata, Morpho, Sony, Infineon Technologies, NXP Semiconductors, CardLogix, Advanced Card Systems, SpringCard, Secura Key, DataCard

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Contactless Smart Cards Market Report Segments:

The global Contactless Smart Cards market is segmented on the basis of:



The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Access Control, Payment, Transit, Government ID, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Gemalto
  2. Giesecke & Devrient
  3. Oberthur Technologies
  4. Safran
  5. Watchdata
  6. Morpho
  7. Sony
  8. Infineon Technologies
  9. NXP Semiconductors
  10. CardLogix
  11. Advanced Card Systems
  12. SpringCard
  13. Secura Key
  14. DataCard

Global Contactless Smart Cards Market Overview

Highlights of The Contactless Smart Cards Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. RFID
    2. RFIC
    3. RFCPU
  1. By Application:

    1. Access Control
    2. Payment
    3. Transit
    4. Government ID
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Contactless Smart Cards Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
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Global Contactless Smart Cards Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Contactless smart cards are a type of electronic card that uses radio frequency identification (RFID) technology to store information. When the card is used in contactless mode, it automatically communicates with nearby RFID readers to allow users to access their funds or other stored information.

Some of the key players operating in the contactless smart cards market are Gemalto, Giesecke & Devrient, Oberthur Technologies, Safran, Watchdata, Morpho, Sony, Infineon Technologies, NXP Semiconductors, CardLogix, Advanced Card Systems, SpringCard, Secura Key, DataCard.

The contactless smart cards market is expected to register a CAGR of 10.8%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Contactless Smart Cards Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Contactless Smart Cards Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Contactless Smart Cards Market - Supply Chain
   4.5. Global Contactless Smart Cards Market Forecast
      4.5.1. Contactless Smart Cards Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Contactless Smart Cards Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Contactless Smart Cards Market Absolute $ Opportunity

5. Global Contactless Smart Cards Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Contactless Smart Cards Market Size and Volume Forecast by Type
      5.3.1. RFID
      5.3.2. RFIC
      5.3.3. RFCPU
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Contactless Smart Cards Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Contactless Smart Cards Market Size and Volume Forecast by Application
      6.3.1. Access Control
      6.3.2. Payment
      6.3.3. Transit
      6.3.4. Government ID
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Contactless Smart Cards Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Contactless Smart Cards Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Contactless Smart Cards Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Contactless Smart Cards Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Contactless Smart Cards Demand Share Forecast, 2019-2029

9. North America Contactless Smart Cards Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Contactless Smart Cards Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Contactless Smart Cards Market Size and Volume Forecast by Application
      9.4.1. Access Control
      9.4.2. Payment
      9.4.3. Transit
      9.4.4. Government ID
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Contactless Smart Cards Market Size and Volume Forecast by Type
      9.7.1. RFID
      9.7.2. RFIC
      9.7.3. RFCPU
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Contactless Smart Cards Demand Share Forecast, 2019-2029

10. Latin America Contactless Smart Cards Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Contactless Smart Cards Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Contactless Smart Cards Market Size and Volume Forecast by Application
      10.4.1. Access Control
      10.4.2. Payment
      10.4.3. Transit
      10.4.4. Government ID
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Contactless Smart Cards Market Size and Volume Forecast by Type
      10.7.1. RFID
      10.7.2. RFIC
      10.7.3. RFCPU
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Contactless Smart Cards Demand Share Forecast, 2019-2029

11. Europe Contactless Smart Cards Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Contactless Smart Cards Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Contactless Smart Cards Market Size and Volume Forecast by Application
      11.4.1. Access Control
      11.4.2. Payment
      11.4.3. Transit
      11.4.4. Government ID
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Contactless Smart Cards Market Size and Volume Forecast by Type
      11.7.1. RFID
      11.7.2. RFIC
      11.7.3. RFCPU
   11.8. Basis Point Share (BPS) Analysis byType
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Contactless Smart Cards Demand Share, 2019-2029

12. Asia Pacific Contactless Smart Cards Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Contactless Smart Cards Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Contactless Smart Cards Market Size and Volume Forecast by Application
      12.4.1. Access Control
      12.4.2. Payment
      12.4.3. Transit
      12.4.4. Government ID
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Contactless Smart Cards Market Size and Volume Forecast by Type
      12.7.1. RFID
      12.7.2. RFIC
      12.7.3. RFCPU
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Contactless Smart Cards Demand Share, 2019-2029

13. Middle East & Africa Contactless Smart Cards Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Contactless Smart Cards Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Contactless Smart Cards Market Size and Volume Forecast by Application
      13.4.1. Access Control
      13.4.2. Payment
      13.4.3. Transit
      13.4.4. Government ID
      13.4.5. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Contactless Smart Cards Market Size and Volume Forecast by Type
      13.7.1. RFID
      13.7.2. RFIC
      13.7.3. RFCPU
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Contactless Smart Cards Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Contactless Smart Cards Market: Market Share Analysis
   14.2. Contactless Smart Cards Distributors and Customers
   14.3. Contactless Smart Cards Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Gemalto Overview Financials Developments Strategic Outlook
      14.4.2. Giesecke & Devrient Overview Financials Developments Strategic Outlook
      14.4.3. Oberthur Technologies Overview Financials Developments Strategic Outlook
      14.4.4. Safran Overview Financials Developments Strategic Outlook
      14.4.5. Watchdata Overview Financials Developments Strategic Outlook
      14.4.6. Morpho Overview Financials Developments Strategic Outlook
      14.4.7. Sony Overview Financials Developments Strategic Outlook
      14.4.8. Infineon Technologies Overview Financials Developments Strategic Outlook
      14.4.9. NXP Semiconductors Overview Financials Developments Strategic Outlook
      14.4.10. CardLogix Overview Financials Developments Strategic Outlook
      14.4.11. Advanced Card Systems Overview Financials Developments Strategic Outlook
      14.4.12. SpringCard Overview Financials Developments Strategic Outlook
      14.4.13. Secura Key Overview Financials Developments Strategic Outlook
      14.4.14. DataCard Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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