A smart card is a card with a semiconductor integrated circuit chip embedded in it, and is one of the products of semiconductor applications. Its core is the embedded chip, which realizes data storage, processing and communication functions through the chip. According to the publisher's analysis, smart cards can be divided into memory cards, logic encryption cards and CPU cards according to the specific type of chip.
Memory cards are mainly used to store simple information, logic encryption cards add basic security authentication functions, and CPU cards have built-in microprocessors that can independently process complex data and operations. These smart cards are widely used in payment, identity authentication, communication, transportation and medical fields, such as credit cards, SIM cards, access control cards, electronic passports, electronic wallets, etc.
The upstream industries of smart cards include semiconductor materials (such as silicon wafers, metal lead frames), chemical materials (such as polycarbonate, PVC) and printing manufacturing processes. The midstream industries are mainly the design, manufacturing, packaging of smart card chips, and the production and customization of smart cards. The downstream industries are the application industries of smart cards, such as banking, communications, government, enterprises and transportation. According to the publisher's analysis, the core link of the global smart card industry lies in the design and manufacturing of chips, which directly affects the performance and security level of the card.
The smart card industry is one of the important application areas of semiconductors. The chip is the core component of the smart card, usually a microcontroller chip or a security chip. These chips are semiconductor products, and their manufacturing involves complex semiconductor processes such as wafer processing, photolithography, etching, packaging and testing. In addition, the communication technology of smart cards (such as contact and contactless) also requires the use of semiconductor radio frequency technology.
In terms of industrial applications, smart cards are used as bank cards and prepaid cards in financial payments; as SIM cards in the communications industry; as transportation cards in public transportation; as identity documents or access cards in identity recognition; and as electronic health cards or insurance cards in the medical field. The production of smart cards requires highly sophisticated chip manufacturing equipment and packaging equipment, as well as supporting printing equipment and card injection molding technology.
The global smart card market is highly competitive. According to the publisher's analysis, the world's major smart card manufacturers include Gemalto (now part of Thales Group), IDEMIA, Giesecke+Devrient, Infineon, NXP, STMicroelectronics and other companies.
Vietnam's smart card industry started late and is highly dependent on imported products. According to the publisher's analysis, Vietnam's smart card industry mainly imports high-performance smart card chips and packaging equipment, and exports are mostly low-end card products. Vietnam's smart card industry currently has a small market size, but thanks to the expansion of Southeast Asia's electronics manufacturing industry and the Vietnamese government's promotion of the digital economy and electronic payments, Vietnam's smart card market is growing rapidly and is gradually developing and integrating into the global supply chain.
According to the publisher's data, Vietnam’s smart card imports totaled US$220 million in 2023. From January to October 2024, Vietnam's cumulative smart card imports amounted to approximately US$2.4 billion, an increase of approximately 40% over the same period in 2023. Vietnam's smart card market is expanding rapidly and is expected to maintain a relatively fast growth rate in the next few years.
According to the publisher's analysis, the main import sources of smart cards for Vietnam from 2021 to 2024 include China, Malaysia, Hong Kong, China, etc. The main companies exporting smart cards to Vietnam include PAXAR CHINA LIMITED, SMARTRAC TECHNOLOGY MALAYSIA SDN BHD, SAE-A TRADING CO, LTD etc.
The main importers of smart cards in Vietnam are manufacturers and distributors related to the electronics manufacturing industry, including AVERY DENNISON RIS VIET NAM CO LTD, MAXIM LABEL & PACKAGING VIETNAM COMPANY, R PAC VIETNAM LIMITED etc.
As Vietnam's economy develops and its industrialization process accelerates, the publisher predicts that Vietnam's smart card market will continue to grow in the next few years. Due to Vietnam's limited smart card production capacity, the publisher predicts that Vietnam's smart card imports will continue to grow in the next few years. The publisher recommends that companies related to the smart card industry chain should conduct research on the Vietnamese smart card market as soon as possible to prepare for entering the Vietnamese market.
Memory cards are mainly used to store simple information, logic encryption cards add basic security authentication functions, and CPU cards have built-in microprocessors that can independently process complex data and operations. These smart cards are widely used in payment, identity authentication, communication, transportation and medical fields, such as credit cards, SIM cards, access control cards, electronic passports, electronic wallets, etc.
The upstream industries of smart cards include semiconductor materials (such as silicon wafers, metal lead frames), chemical materials (such as polycarbonate, PVC) and printing manufacturing processes. The midstream industries are mainly the design, manufacturing, packaging of smart card chips, and the production and customization of smart cards. The downstream industries are the application industries of smart cards, such as banking, communications, government, enterprises and transportation. According to the publisher's analysis, the core link of the global smart card industry lies in the design and manufacturing of chips, which directly affects the performance and security level of the card.
The smart card industry is one of the important application areas of semiconductors. The chip is the core component of the smart card, usually a microcontroller chip or a security chip. These chips are semiconductor products, and their manufacturing involves complex semiconductor processes such as wafer processing, photolithography, etching, packaging and testing. In addition, the communication technology of smart cards (such as contact and contactless) also requires the use of semiconductor radio frequency technology.
In terms of industrial applications, smart cards are used as bank cards and prepaid cards in financial payments; as SIM cards in the communications industry; as transportation cards in public transportation; as identity documents or access cards in identity recognition; and as electronic health cards or insurance cards in the medical field. The production of smart cards requires highly sophisticated chip manufacturing equipment and packaging equipment, as well as supporting printing equipment and card injection molding technology.
The global smart card market is highly competitive. According to the publisher's analysis, the world's major smart card manufacturers include Gemalto (now part of Thales Group), IDEMIA, Giesecke+Devrient, Infineon, NXP, STMicroelectronics and other companies.
Vietnam's smart card industry started late and is highly dependent on imported products. According to the publisher's analysis, Vietnam's smart card industry mainly imports high-performance smart card chips and packaging equipment, and exports are mostly low-end card products. Vietnam's smart card industry currently has a small market size, but thanks to the expansion of Southeast Asia's electronics manufacturing industry and the Vietnamese government's promotion of the digital economy and electronic payments, Vietnam's smart card market is growing rapidly and is gradually developing and integrating into the global supply chain.
According to the publisher's data, Vietnam’s smart card imports totaled US$220 million in 2023. From January to October 2024, Vietnam's cumulative smart card imports amounted to approximately US$2.4 billion, an increase of approximately 40% over the same period in 2023. Vietnam's smart card market is expanding rapidly and is expected to maintain a relatively fast growth rate in the next few years.
According to the publisher's analysis, the main import sources of smart cards for Vietnam from 2021 to 2024 include China, Malaysia, Hong Kong, China, etc. The main companies exporting smart cards to Vietnam include PAXAR CHINA LIMITED, SMARTRAC TECHNOLOGY MALAYSIA SDN BHD, SAE-A TRADING CO, LTD etc.
The main importers of smart cards in Vietnam are manufacturers and distributors related to the electronics manufacturing industry, including AVERY DENNISON RIS VIET NAM CO LTD, MAXIM LABEL & PACKAGING VIETNAM COMPANY, R PAC VIETNAM LIMITED etc.
As Vietnam's economy develops and its industrialization process accelerates, the publisher predicts that Vietnam's smart card market will continue to grow in the next few years. Due to Vietnam's limited smart card production capacity, the publisher predicts that Vietnam's smart card imports will continue to grow in the next few years. The publisher recommends that companies related to the smart card industry chain should conduct research on the Vietnamese smart card market as soon as possible to prepare for entering the Vietnamese market.
Topics covered:
- The Import and Export of Smart Card in Vietnam (2021-2024)
- Total Import Volume and Percentage Change of Smart Card in Vietnam (2021-2024)
- Total Import Value and Percentage Change of Smart Card in Vietnam (2021-2024)
- Total Import Volume and Percentage Change of Smart Card in Vietnam (January-October 2024)
- Total Import Value and Percentage Change of Smart Card in Vietnam (January-October 2024)
- Average Import Price of Smart Card in Vietnam (2021-2024)
- Top 10 Sources of Smart Card Imports in Vietnam and Their Supply Volume
- Top 10 Suppliers in the Import Market of Smart Card in Vietnam and Their Supply Volume
- Top 10 Importers of Smart Card in Vietnam and Their Import Volume
- How to Find Distributors and End Users of Smart Card in Vietnam
- How Foreign Enterprises Enter the Smart Card Market of Vietnam
- Forecast for the Import of Smart Card in Vietnam (2025-2034)
Table of Contents
1 Overview of Vietnam
2 Analysis of Smart Card Imports in Vietnam (2021-2024)
3 Analysis of Major Sources of Smart Card Imports in Vietnam (2021-2024)
4 Analysis of Major Suppliers in the Import Market of Smart Card in Vietnam (2021-2024)
5 Analysis of Major Importers in the Import Market of Smart Card in Vietnam (2021-2024)
6. Monthly Analysis of Smart Card Imports in Vietnam from 2021 to 2024
7. Key Factors Affecting Smart Card Imports in Vietnam
List of Charts
Companies Mentioned
- PAXAR CHINA LIMITED
- SMARTRAC TECHNOLOGY MALAYSIA SDN BHD
- SAE-A TRADING CO, LTD
- AVERY DENNISON RIS VIET NAM CO LTD
- MAXIM LABEL & PACKAGING VIETNAM COMPANY
- R PAC VIETNAM LIMITED
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | January 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value ( USD | $ 342 Million |
| Forecasted Market Value ( USD | $ 553.73 Million |
| Compound Annual Growth Rate | 5.5% |
| Regions Covered | Vietnam |
| No. of Companies Mentioned | 6 |
