Market Overview:
The global central issuance card equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for contactless cards and the growing trend of card-based payments. In addition, the increasing adoption of mobile wallets is also contributing to the growth of this market. The small-volume card equipment segment is expected to grow at a CAGR of 6% during the forecast period, while the mid-volume and high-volume segments are expected to grow at a CAGR of 4% and 5%, respectively. The financial sector is expected to be the largest application segment in terms of revenue contribution, followed by healthcare and commercial applications. North America accounted for majority share in 2017 and is projected to maintain its dominance duringthe forecast period owingto early adoptionof new technologiesand rising demand from various end users such as banks, government organizations, hospitals, etc.,in this region .
Product Definition:
A Central Issuance Card Equipment is a device that prints plastic cards with encoded information, such as names, addresses and account numbers. The equipment is important because it allows businesses to quickly and easily create new cards for their employees or customers.
Small-Volume Card Equipment:
Small-volume card equipment is used for processing small volume transactions. The growth factor in the market is based on factors such as increasing demand from emerging economies, technological advancements and increased use of smart cards. Small-volume card equipment includes payment cards, gift cards and loyalty/rewards cards.
Mid-Volume Equipment:
Mid-volume equipment is used in Central Issuance Card Equipment market to perform specific functions such as processing of transactions and maintenance of records. Mid-volume equipment are the components that process a large number of transactions but do not require high computing power or memory capacity. The transaction volume processed by mid-volume equipment is usually less than 1,000 per second on average.
The key drivers for central issuing card equipment include increased efficiency, cost reduction, fraud prevention.
Application Insights:
The financial application segment dominated the global central issuance card equipment market in 2017, accounting for over 60.0% share of the overall revenue. The growth can be attributed to increasing demand for payment cards and rising use of payment solutions across various industries such as retail, hospitality, travel & transportation and banking & financial services. Furthermore, growing adoption of contactless payments is also expected to drive the segment growth over the forecast period.
The healthcare sector is anticipated to emerge as one of the fastest-growing sectors during the forecast period owing to increasing investments by governments in order to improve healthcare infrastructure and provide better treatment facilities at a lower cost through technological advancements supported by innovative systems such as eHealthcare and electronic medical records that are integrated with data entry/management applications that support Central Issuance Card Equipment (CICE).
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of key players such as American Express, Bank Of America, Citigroup, JPMorgan Chase & Co., and Wells Fargo. These companies are focusing on developing new products and services for their customers to meet their needs better. For instance, in September 2018, Citi launched its new app called Citi Card app that allows users to tap & pay with just a finger print or face recognition technology at checkout terminals across the U.S.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising adoption by small-scale businesses as well as government agencies for payment processing solutions due to low costs associated with these solutions along with improving security measures offered by central issuance equipment providers over traditional magnetic stripe card readers/writers used earlier.
Growth Factors:
- Increasing demand for contactless cards and NFC-enabled devices
- Proliferation of mobile payments and increasing demand for card-not-present transactions
- Growing popularity of loyalty and rewards programs
- Rising need for fraud prevention and security measures
- Emergence of new technologies such as cloud-based card issuance solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Central Issuance Card Equipment Market Research Report
By Type
Small-Volume Card Equipment, Mid-Volume Equipment, High-Volume Equipment
By Application
Financial, Government, Healthcare, Commercial
By Companies
Datacard, Muehlbauer, Atlantic Zeiser, Emperor Technology, NBS, Matica, Ulian Equipment, Datacard
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Central Issuance Card Equipment Market Report Segments:
The global Central Issuance Card Equipment market is segmented on the basis of:
Types
Small-Volume Card Equipment, Mid-Volume Equipment, High-Volume Equipment
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.
Applications
Financial, Government, Healthcare, Commercial
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:
- Datacard
- Muehlbauer
- Atlantic Zeiser
- Emperor Technology
- NBS
- Matica
- Ulian Equipment
- Datacard
Highlights of The Central Issuance Card Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Small-Volume Card Equipment
- Mid-Volume Equipment
- High-Volume Equipment
- By Application:
- Financial
- Government
- Healthcare
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Central Issuance Card Equipment 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.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Central issuance card equipment is a type of security device used to authorize the use of credit cards. The cardholder inserts the central issuance card into an appropriate reader at a merchant location, and the machine prints out a receipt that shows the purchase amount and date.
Some of the major players in the central issuance card equipment market are Datacard, Muehlbauer, Atlantic Zeiser, Emperor Technology, NBS, Matica, Ulian Equipment, Datacard.
The central issuance card equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Central Issuance Card Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Central Issuance Card Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Central Issuance Card Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Central Issuance Card Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Central Issuance Card Equipment Market Size & Forecast, 2020-2028
4.5.1 Central Issuance Card Equipment Market Size and Y-o-Y Growth
4.5.2 Central Issuance Card Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Small-Volume Card Equipment
5.2.2 Mid-Volume Equipment
5.2.3 High-Volume Equipment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Financial
6.2.2 Government
6.2.3 Healthcare
6.2.4 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Central Issuance Card Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Central Issuance Card Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Small-Volume Card Equipment
9.6.2 Mid-Volume Equipment
9.6.3 High-Volume Equipment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Financial
9.10.2 Government
9.10.3 Healthcare
9.10.4 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Small-Volume Card Equipment
10.6.2 Mid-Volume Equipment
10.6.3 High-Volume Equipment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Financial
10.10.2 Government
10.10.3 Healthcare
10.10.4 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Small-Volume Card Equipment
11.6.2 Mid-Volume Equipment
11.6.3 High-Volume Equipment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Financial
11.10.2 Government
11.10.3 Healthcare
11.10.4 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Small-Volume Card Equipment
12.6.2 Mid-Volume Equipment
12.6.3 High-Volume Equipment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Financial
12.10.2 Government
12.10.3 Healthcare
12.10.4 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Small-Volume Card Equipment
13.6.2 Mid-Volume Equipment
13.6.3 High-Volume Equipment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Financial
13.10.2 Government
13.10.3 Healthcare
13.10.4 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Central Issuance Card Equipment Market: Competitive Dashboard
14.2 Global Central Issuance Card Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Datacard
14.3.2 Muehlbauer
14.3.3 Atlantic Zeiser
14.3.4 Emperor Technology
14.3.5 NBS
14.3.6 Matica
14.3.7 Ulian Equipment
14.3.8 Datacard
