Market Overview:
Microprocessor smart cards are witnessing a significant growth due to the increasing demand for secure identity applications, healthcare applications, payment applications, and telecommunications applications. The global microprocessor smart card market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into contact cards, contactless cards, memory cards CPU/MPU microprocessor multifunctional cards. Contactless cards are expected to grow at a higher CAGR during the forecast period as compared to other types of microprocessor smartcards owing to their advantages such as easy use and faster transactions. Based on application, the market is divided into secure identity applications such as national ID programs and voter identification programs; healthcare applications such as electronic health records (EHR) and personal health records (PHR); payment applications such as credit/debit Cards; telecommunications services including mobile payments; loyalty & rewards programs; transportation ticketing systems; access control systems etc.; others including gaming & entertainment sector etc. Among these segments, payment application is expected to hold a dominant position in terms of revenue contribution during 2018-2030.
Product Definition:
A microprocessor smart card is a type of chip card that contains a microprocessor. This type of smart card is used to store and process data, which can include files, applications, or operating systems.
Contact Cards:
Microprocessor smart card is a small computer which contains a microchip and an integrated circuit. The contact cards are used in these cards to store information such as name, address, fingerprint data and other personal information of the user. These contact cards are widely used by government agencies for carrying out transactions electronically.
Global Contact Cards Market Size, Share & Trends Analysis Report By Application (Government Agency, Banking & Financial Services), By Region (North America: U.S.
Contactless Cards:
Microprocessor smart card is a type of electronic cards used for secure identification and authentication purposes. These cards contain an embedded microchip that can perform various functions such as storing information, making payments and verifying identity. The major advantage of this technology is that there are no physical connections made between the device generating the signal and the reader; instead, data is transmitted using radio frequency (RF) waves.
Microprocessor smart card contains an integrated circuit chip which generates a unique personal ID number (PIN).
Application Insights:
The secure identity applications segment dominated the global microprocessor smart card market in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing adoption of multifactor authentication techniques and strong security requirements for online transactions. Furthermore, government initiatives such as EU PIVOT are aimed at promoting multifactor authentication techniques for securing online transactions and protecting data.
The healthcare applications segment is projected to register a CAGR of XX% from 2018 to 2030 due mainly to growing demand from medical application manufacturers such as Samsung Electronics Co., Ltd., STMicroelectronics N.V., Renesas Electronics Corporation, Infineon Technologies AG, and Microchip Technology Incorporated among others who are involved in developing products with advanced capabilities that enhance operational efficiency while reducing costs associated with manual procedures or paper-based records keeping within hospitals or other health care facilities globally thereby contributing towards market growth over the forecast period (2017 - 2030).
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to various factors such as high demand for smart cards, presence of prominent players, and government regulations pertaining to data security. For instance, according to a white paper published by Infosys Ltd., North America held more than 40% share in the global identity card market in 2016. Moreover, increasing adoption of biometric-enabled contactless cards is further expected to drive the regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising penetration of smart card solutions across several industries due to growing need for secure transactions.
Growth Factors:
- Increasing demand for secure and convenient payment methods is driving the growth of the microprocessor smart card market.
- The increasing use of contactless cards is also propelling the growth of this market.
- The growing trend of using mobile devices for payments is also contributing to the growth of this market.
- The increasing number of government initiatives to promote cashless transactions is fueling the demand for microprocessor smart cards globally.
- Growing awareness about benefits offered by microprocessor smart cards is aiding in their adoption across various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Microprocessor Smart Card Market Research Report
By Type
Contact Cards, Contactless Cards, Memory Cards, CPU/MPU Microprocessor Multifunction Cards
By Application
Secure identity applications, Healthcare applications, Payment applications, Telecommunications applications
By Companies
Gemalto, Giesecke & Devrient, Oberthur Technologies, Morpho (Safran), VALID, Eastcompeace, Wuhan Tianyu, Datang, Kona I, CPI Card Group, Watchdata Systems Co. Ltd, Hengbao
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Microprocessor Smart Card Market Report Segments:
The global Microprocessor Smart Card market is segmented on the basis of:
Types
Contact Cards, Contactless Cards, Memory Cards, CPU/MPU Microprocessor Multifunction Cards
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
Secure identity applications, Healthcare applications, Payment applications, Telecommunications applications
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:
- Gemalto
- Giesecke & Devrient
- Oberthur Technologies
- Morpho (Safran)
- VALID
- Eastcompeace
- Wuhan Tianyu
- Datang
- Kona I
- CPI Card Group
- Watchdata Systems Co. Ltd
- Hengbao
Highlights of The Microprocessor Smart Card 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:
- Contact Cards
- Contactless Cards
- Memory Cards
- CPU/MPU Microprocessor Multifunction Cards
- By Application:
- Secure identity applications
- Healthcare applications
- Payment applications
- Telecommunications applications
- 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 Microprocessor Smart Card 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
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
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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?
A microprocessor smart card is a small, thin, electronic device that contains a microprocessor and memory. It can be used to store personal information such as passwords or financial data.
Some of the major companies in the microprocessor smart card market are Gemalto, Giesecke & Devrient, Oberthur Technologies, Morpho (Safran), VALID, Eastcompeace, Wuhan Tianyu, Datang, Kona I, CPI Card Group, Watchdata Systems Co. Ltd, Hengbao.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Microprocessor Smart Card 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. Microprocessor Smart Card Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Microprocessor Smart Card Market - Supply Chain
4.5. Global Microprocessor Smart Card Market Forecast
4.5.1. Microprocessor Smart Card Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Microprocessor Smart Card Market Size (000 Units) and Y-o-Y Growth
4.5.3. Microprocessor Smart Card Market Absolute $ Opportunity
5. Global Microprocessor Smart Card 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. Microprocessor Smart Card Market Size and Volume Forecast by Type
5.3.1. Contact Cards
5.3.2. Contactless Cards
5.3.3. Memory Cards
5.3.4. CPU/MPU Microprocessor Multifunction Cards
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Microprocessor Smart Card 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. Microprocessor Smart Card Market Size and Volume Forecast by Application
6.3.1. Secure identity applications
6.3.2. Healthcare applications
6.3.3. Payment applications
6.3.4. Telecommunications applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Microprocessor Smart Card 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. Microprocessor Smart Card 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 Microprocessor Smart Card 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. Microprocessor Smart Card 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 Microprocessor Smart Card Demand Share Forecast, 2019-2026
9. North America Microprocessor Smart Card 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 Microprocessor Smart Card 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 Microprocessor Smart Card Market Size and Volume Forecast by Application
9.4.1. Secure identity applications
9.4.2. Healthcare applications
9.4.3. Payment applications
9.4.4. Telecommunications applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Microprocessor Smart Card Market Size and Volume Forecast by Type
9.7.1. Contact Cards
9.7.2. Contactless Cards
9.7.3. Memory Cards
9.7.4. CPU/MPU Microprocessor Multifunction Cards
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 Microprocessor Smart Card Demand Share Forecast, 2019-2026
10. Latin America Microprocessor Smart Card 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 Microprocessor Smart Card 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 Microprocessor Smart Card Market Size and Volume Forecast by Application
10.4.1. Secure identity applications
10.4.2. Healthcare applications
10.4.3. Payment applications
10.4.4. Telecommunications applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Microprocessor Smart Card Market Size and Volume Forecast by Type
10.7.1. Contact Cards
10.7.2. Contactless Cards
10.7.3. Memory Cards
10.7.4. CPU/MPU Microprocessor Multifunction Cards
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 Microprocessor Smart Card Demand Share Forecast, 2019-2026
11. Europe Microprocessor Smart Card 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 Microprocessor Smart Card 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 Microprocessor Smart Card Market Size and Volume Forecast by Application
11.4.1. Secure identity applications
11.4.2. Healthcare applications
11.4.3. Payment applications
11.4.4. Telecommunications applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Microprocessor Smart Card Market Size and Volume Forecast by Type
11.7.1. Contact Cards
11.7.2. Contctless Cards
11.7.3. Memory Cards
11.7.4. CPU/MPU Microprocessor Multifunction Cards
11.8. Basis Point Share (BPS) Analysis by Type
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 Microprocessor Smart Card Demand Share, 2019-2026
12. Asia Pacific Microprocessor Smart Card 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 Microprocessor Smart Card 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 Microprocessor Smart Card Market Size and Volume Forecast by Application
12.4.1. Secure identity applications
12.4.2. Healthcare applications
12.4.3. Payment applications
12.4.4. Telecommunications applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Microprocessor Smart Card Market Size and Volume Forecast by Type
12.7.1. Contact Cards
12.7.2. Contactless Cards
12.7.3. Memory Cards
12.7.4. CPU/MPU Microprocessor Multifunction Cards
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 Microprocessor Smart Card Demand Share, 2019-2026
13. Middle East & Africa Microprocessor Smart Card 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 Microprocessor Smart Card 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 Microprocessor Smart Card Market Size and Volume Forecast by Application
13.4.1. Secure identity applications
13.4.2. Healthcare applications
13.4.3. Payment applications
13.4.4. Telecommunications applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Microprocessor Smart Card Market Size and Volume Forecast by Type
13.7.1. Contact Cards
13.7.2. Contactless Cards
13.7.3. Memory Cards
13.7.4. CPU/MPU Microprocessor Multifunction Cards
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 Microprocessor Smart Card Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Microprocessor Smart Card Market: Market Share Analysis
14.2. Microprocessor Smart Card Distributors and Customers
14.3. Microprocessor Smart Card Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Gemalto
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Giesecke & Devrient
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Oberthur Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Morpho (Safran)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. VALID
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Eastcompeace
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wuhan Tianyu
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Datang
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kona I
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CPI Card Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Watchdata Systems Co. Ltd
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hengbao
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
