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Asia Pacific Dual Interface Payment Card Market Size, Share & Industry Trends Analysis Report By Type (Plastic and Metal), By End Use (Retail, Transportation, Healthcare, Hospitality, and Others), By Country and Growth Forecast, 2022 - 2028

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    Report

  • 64 Pages
  • July 2022
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5645439
The Asia Pacific Dual Interface Payment Card Market is expected to witness market growth of 17.3% CAGR during the forecast period (2022-2028).

The ability to use the cards for performing contact or contactless payments gives customers options when using the dual interface payment cards. Due to this, customers all around the world are starting to favour dual interface payment cards. Consumers also choose dual interface cards since payments are processed quickly and there are fewer lines at the register. Additionally, these cards provide advantages including longer card lifespan and fraud protection due to the use of the more dependable and safe tap-to-pay technology.

There is an increase in the desire for contactless payments among consumers and enterprises. Moreover, the market for dual interface payment cards is anticipated to develop as a result of the growing partnerships to introduce contactless credit cards particularly created for small businesses. For example, Verizon announced its collaboration with MasterCard and FNBO in June 2022. The introduction of small-scale business credit cards was the goal of this alliance. With these recently introduced cards, small businesses might use Verizon Business Dollars toward equipment or workplace clothes.

With strong expansion in the consumer electronics sector and rising demand for loyalty cards, East Asia is regarded as the most promising region in the dual interface smart card market. Regarding the growth of dual interface smart card as well as semiconductor industries with regard to data privacy and encryption technologies, regional trends and regulatory rules are crucial. Several opportunities are being created in the region as a result of favourable regulatory compliances and persistent demand from the telecoms, e-Commerce, BFSI, and retail marketing industries for smart cards in rising nations like China and India.

The China market dominated the Asia Pacific Dual Interface Payment Card Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $1,558 million by 2028. The Japan market is estimated to grow a CAGR of 16.6% during (2022 - 2028). Additionally, The India market is expected to experience a CAGR of 18% during (2022 - 2028).

Based on Type, the market is segmented into Plastic and Metal. Based on End Use, the market is segmented into Retail, Transportation, Healthcare, Hospitality, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thales Group S.A., IDEMIA SAS (Advent International, Inc.), CPI Card Group (Parallel49 Equity), Giesecke & Devrient GmbH, Watchdata Co., Ltd., Eastcompeace Technology Co., Ltd. (Potevio Group), Paragon Group Limited, Valid S.A., and Wuhan Tianyu Information Industry Co., Ltd.

Scope of the Study

Market Segments Covered in the Report:

By Type

  • Plastic
  • Metal

By End Use

  • Retail
  • Transportation
  • Healthcare
  • Hospitality
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Thales Group S.A.
  • IDEMIA SAS (Advent International, Inc.)
  • CPI Card Group (Parallel49 Equity)
  • Giesecke & Devrient GmbH
  • Watchdata Co., Ltd.
  • Eastcompeace Technology Co., Ltd. (Potevio Group)
  • Paragon Group Limited
  • Valid S.A.
  • Wuhan Tianyu Information Industry Co., Ltd.

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Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Dual Interface Payment Card Market, by Type
1.4.2 Asia Pacific Dual Interface Payment Card Market, by End Use
1.4.3 Asia Pacific Dual Interface Payment Card Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Dual Interface Payment Card Market by Type
3.1 Asia Pacific Plastic Market by Country
3.2 Asia Pacific Metal Market by Country
Chapter 4. Asia Pacific Dual Interface Payment Card Market by End-use
4.1 Asia Pacific Retail Market by Country
4.2 Asia Pacific Transportation Market by Country
4.3 Asia Pacific Healthcare Market by Country
4.4 Asia Pacific Hospitality Market by Country
4.5 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Dual Interface Payment Card Market by Country
5.1 China Dual Interface Payment Card Market
5.1.1 China Dual Interface Payment Card Market by Type
5.1.2 China Dual Interface Payment Card Market by End-use
5.2 Japan Dual Interface Payment Card Market
5.2.1 Japan Dual Interface Payment Card Market by Type
5.2.2 Japan Dual Interface Payment Card Market by End-use
5.3 India Dual Interface Payment Card Market
5.3.1 India Dual Interface Payment Card Market by Type
5.3.2 India Dual Interface Payment Card Market by End-use
5.4 South Korea Dual Interface Payment Card Market
5.4.1 South Korea Dual Interface Payment Card Market by Type
5.4.2 South Korea Dual Interface Payment Card Market by End-use
5.5 Singapore Dual Interface Payment Card Market
5.5.1 Singapore Dual Interface Payment Card Market by Type
5.5.2 Singapore Dual Interface Payment Card Market by End-use
5.6 Malaysia Dual Interface Payment Card Market
5.6.1 Malaysia Dual Interface Payment Card Market by Type
5.6.2 Malaysia Dual Interface Payment Card Market by End-use
5.7 Rest of Asia Pacific Dual Interface Payment Card Market
5.7.1 Rest of Asia Pacific Dual Interface Payment Card Market by Type
5.7.2 Rest of Asia Pacific Dual Interface Payment Card Market by End-use
Chapter 6. Company Profiles
6.1 Thales Group S.A.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research and Development Expense
6.2 IDEMIA SAS (Advent International, Inc.)
6.2.1 Company Overview
6.2.2 Recent strategies and developments:
6.2.2.1 Product Launches and Product Expansions:
6.2.2.2 Acquisition and Mergers:
6.2.2.3 Geographical Expansions:
6.3 CPI Card Group (Parallel49 Equity)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental Analysis
6.3.4 Recent strategies and developments:
6.3.4.1 Product Launches and Product Expansions:
6.4 Giesecke & Devrient GmbH
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental Analysis
6.4.4 Research & Development Expense
6.5 Watchdata Co., Ltd.
6.5.1 Company Overview
6.6 Eastcompeace Technology Co., Ltd. (Potevio Group)
6.6.1 Company Overview
6.7 Paragon Group Limited
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental Analysis
6.8 Valid S.A.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segment & Regional Analysis
6.9 Wuhan Tianyu Information Industry Co., Ltd.
6.9.1 Company Overview

Companies Mentioned

  • Thales Group S.A.
  • IDEMIA SAS (Advent International, Inc.)
  • CPI Card Group (Parallel49 Equity)
  • Giesecke & Devrient GmbH
  • Watchdata Co., Ltd.
  • Eastcompeace Technology Co., Ltd. (Potevio Group)
  • Paragon Group Limited
  • Valid S.A.
  • Wuhan Tianyu Information Industry Co., Ltd.

Methodology

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