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Powered Smart Cards - Global Strategic Business Report

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    Report

  • 194 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5140033
The global market for Powered Smart Cards was estimated at US$4.5 Billion in 2023 and is projected to reach US$8.3 Billion by 2030, growing at a CAGR of 8.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Technological advancements have significantly enhanced the capabilities and applications of powered smart cards. Innovations in semiconductor technology have led to the development of more powerful and energy-efficient integrated circuits, enabling advanced data processing and secure communication. The integration of biometric sensors, such as fingerprint and facial recognition, has enhanced the security and user authentication capabilities of smart cards. Advances in battery technology have improved the longevity and reliability of powered smart cards, ensuring consistent performance over extended periods. Additionally, the development of secure communication protocols, such as near-field communication (NFC) and Bluetooth Low Energy (BLE), has expanded the connectivity options and interoperability of smart cards, facilitating seamless integration with various devices and systems. These technological improvements have broadened the applications and benefits of powered smart cards, making them a vital tool for secure identification and transaction processing.

What Are the Key Applications and Benefits of Powered Smart Cards?

Powered smart cards are used in a wide range of applications across different sectors, offering numerous benefits that enhance security and convenience. In secure access control, powered smart cards provide reliable and tamper-proof authentication for physical and logical access to buildings, computer systems, and restricted areas. In payment systems, these cards enable secure transactions through dynamic data authentication and encryption, reducing the risk of fraud and unauthorized access. Government identification programs, such as national ID cards and electronic passports, use powered smart cards to store and verify sensitive personal information, ensuring secure and efficient identity management. In healthcare, powered smart cards facilitate secure access to medical records and enable efficient management of patient information. The primary benefits of powered smart cards include enhanced security, improved processing power, greater flexibility, and the ability to support advanced features, making them an indispensable tool for secure and efficient identification and transaction processes.

What Factors Are Driving the Growth in the Powered Smart Card Market?

The growth in the powered smart card market is driven by several factors. The increasing demand for secure identification and authentication solutions in various sectors, such as finance, government, and healthcare, is a significant driver, boosting the adoption of powered smart cards. Technological advancements that enhance the processing power, security, and connectivity of smart cards are also propelling market growth. The rising incidence of identity theft and data breaches is driving the need for advanced security solutions, further increasing the demand for powered smart cards. Additionally, the expansion of digital payment systems and the growing popularity of contactless transactions are contributing to market growth. The increasing focus on regulatory compliance and the implementation of national identification programs are further boosting the demand for secure and reliable smart card solutions. These factors, coupled with the increasing availability of innovative and high-quality powered smart cards, are driving the sustained growth of the powered smart card market.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Contactless Smart Card segment, which is expected to reach US$5.2 Billion by 2030 with a CAGR of a 9.8%. The Dual Interface Smart Card segment is also set to grow at 8.0% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, which was estimated at $1.2 Billion in 2023, and China, forecasted to grow at an impressive 8.3% CAGR to reach $1.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Powered Smart Cards Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Powered Smart Cards Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Powered Smart Cards Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Datang Telecom Technology Co., Ltd., Eastcompeace Technology Co., Ltd., Gemalto NV, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 41 Featured):

  • Datang Telecom Technology Co., Ltd.
  • Eastcompeace Technology Co., Ltd.
  • Gemalto NV
  • Giesecke & Devrient GmbH
  • Infineon Technologies AG
  • NXP Semiconductors NV
  • Oberthur Technologies SA
  • OT-Morpho
  • Samsung Electronics Co., Ltd.
  • Shanghai HuaHong Integrated Circuit Co., Ltd.
  • Texas Instruments, Inc.
  • Watchdata Technologies Pte., Ltd.
  • Wuhan Tianyu Information Industry Co., Ltd.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Powered Smart Cards - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Economic Update
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Increasing Demand for Secure and Contactless Payment Solutions Propels Market Growth
  • Technological Innovations in Smart Card Design and Functionality Strengthen Business Case
  • Rising Adoption of Digital Identification and Authentication Drives Market Expansion
  • Surge in Financial Transactions and E-Commerce Expands Addressable Market Opportunity
  • Development of Biometric and Multi-Factor Authentication Smart Cards Generates New Opportunities
  • Growing Use in Government and Healthcare Sectors Spurs Market Growth
  • Advancements in Chip Technology and Embedded Systems Propel Market Demand
  • Rising Awareness of Cybersecurity and Data Protection Sustains Growth
  • Expansion of Applications in Transportation and Access Control Throws Spotlight on Market Potential
  • Growing Focus on Interoperability and Integration with IoT Spurs Market Expansion
  • Growth in Mobile Payment and Digital Wallet Solutions Expands Market Horizons
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Powered Smart Cards by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 2: World 7-Year Perspective for Powered Smart Cards by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2024 & 2030
  • TABLE 3: World Recent Past, Current & Future Analysis for Contactless Smart Card by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 4: World 7-Year Perspective for Contactless Smart Card by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Dual Interface Smart Card by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 6: World 7-Year Perspective for Dual Interface Smart Card by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Hybrid Smart Card by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 8: World 7-Year Perspective for Hybrid Smart Card by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • TABLE 9: World Powered Smart Cards Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Powered Smart Cards Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • TABLE 10: USA Recent Past, Current & Future Analysis for Powered Smart Cards by Type - Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 11: USA 7-Year Perspective for Powered Smart Cards by Type - Percentage Breakdown of Value Sales for Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card for the Years 2024 & 2030
CANADA
  • TABLE 12: Canada Recent Past, Current & Future Analysis for Powered Smart Cards by Type - Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 13: Canada 7-Year Perspective for Powered Smart Cards by Type - Percentage Breakdown of Value Sales for Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card for the Years 2024 & 2030
JAPAN
  • Powered Smart Cards Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • TABLE 14: Japan Recent Past, Current & Future Analysis for Powered Smart Cards by Type - Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 15: Japan 7-Year Perspective for Powered Smart Cards by Type - Percentage Breakdown of Value Sales for Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card for the Years 2024 & 2030
CHINA
  • Powered Smart Cards Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • TABLE 16: China Recent Past, Current & Future Analysis for Powered Smart Cards by Type - Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 17: China 7-Year Perspective for Powered Smart Cards by Type - Percentage Breakdown of Value Sales for Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card for the Years 2024 & 2030
EUROPE
  • Powered Smart Cards Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • TABLE 18: Europe Recent Past, Current & Future Analysis for Powered Smart Cards by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 19: Europe 7-Year Perspective for Powered Smart Cards by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2024 & 2030
  • TABLE 20: Europe Recent Past, Current & Future Analysis for Powered Smart Cards by Type - Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 21: Europe 7-Year Perspective for Powered Smart Cards by Type - Percentage Breakdown of Value Sales for Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card for the Years 2024 & 2030
FRANCE
  • Powered Smart Cards Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • TABLE 22: France Recent Past, Current & Future Analysis for Powered Smart Cards by Type - Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 23: France 7-Year Perspective for Powered Smart Cards by Type - Percentage Breakdown of Value Sales for Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card for the Years 2024 & 2030
GERMANY
  • Powered Smart Cards Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • TABLE 24: Germany Recent Past, Current & Future Analysis for Powered Smart Cards by Type - Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 25: Germany 7-Year Perspective for Powered Smart Cards by Type - Percentage Breakdown of Value Sales for Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card for the Years 2024 & 2030
ITALY
  • TABLE 26: Italy Recent Past, Current & Future Analysis for Powered Smart Cards by Type - Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 27: Italy 7-Year Perspective for Powered Smart Cards by Type - Percentage Breakdown of Value Sales for Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card for the Years 2024 & 2030
UNITED KINGDOM
  • Powered Smart Cards Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • TABLE 28: UK Recent Past, Current & Future Analysis for Powered Smart Cards by Type - Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 29: UK 7-Year Perspective for Powered Smart Cards by Type - Percentage Breakdown of Value Sales for Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card for the Years 2024 & 2030
REST OF EUROPE
  • TABLE 30: Rest of Europe Recent Past, Current & Future Analysis for Powered Smart Cards by Type - Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 31: Rest of Europe 7-Year Perspective for Powered Smart Cards by Type - Percentage Breakdown of Value Sales for Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card for the Years 2024 & 2030
ASIA-PACIFIC
  • Powered Smart Cards Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • TABLE 32: Asia-Pacific Recent Past, Current & Future Analysis for Powered Smart Cards by Type - Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 33: Asia-Pacific 7-Year Perspective for Powered Smart Cards by Type - Percentage Breakdown of Value Sales for Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card for the Years 2024 & 2030
REST OF WORLD
  • TABLE 34: Rest of World Recent Past, Current & Future Analysis for Powered Smart Cards by Type - Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 35: Rest of World 7-Year Perspective for Powered Smart Cards by Type - Percentage Breakdown of Value Sales for Contactless Smart Card, Dual Interface Smart Card and Hybrid Smart Card for the Years 2024 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Datang Telecom Technology Co., Ltd.
  • Eastcompeace Technology Co., Ltd.
  • Gemalto NV
  • Giesecke & Devrient GmbH
  • Infineon Technologies AG
  • NXP Semiconductors NV
  • Oberthur Technologies SA
  • OT-Morpho
  • Samsung Electronics Co., Ltd.
  • Shanghai HuaHong Integrated Circuit Co., Ltd.
  • Texas Instruments, Inc.
  • Watchdata Technologies Pte., Ltd.
  • Wuhan Tianyu Information Industry Co., Ltd.

Table Information