Business

Smart Card Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027

Posted on by Nikita Agrawal

The smart card market size will exceed USD 35 billion in 2019 and will grow at an annual average of 10.5% from 2021 to 2027. growth. The growing trend of organizations towards digitization of payment processes and efficient storage of personal data plays an important role in accelerating industry growth. Smart cards or ICCs (Integrated Circuit Cards) play an essential role in meeting these requirements.

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Prominent players dominating the market include American Express Company, Atos SE, CPI Card Group, Inc., Gemalto NV, Giesecke & Devrient (G&D) GmbH, Infineon Technologies AG, Inside Secure SA, NXP Semiconductors NV, and Texas Instruments, Inc., among others.

Smart Building Market- Segmentation

By Type

• Contact
• Contactless
• Hybrid
• Dual-interface

By Component

• Hardware
• Smart Cards
• Readers
• Software
• Services

By Application

• Government
• Healthcare
• BFSI
• Retail
• Transportation
• Education
• Entertainment
• Enterprises

(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)

Nikita Agrawal

Accountable, and prompt when it comes to her work. She is one of the strong pillars of the company and work once entrusted to her is for sure to be done. She loves taking challenges and is a task master herself. Loves her work and passionate about it at the same time. With 2 years of work experience she has had a meteoric rise amongst ranks in the company. Off lately she has found her new found love for writing current affairs. She is certainly in bound for OMR and miles to go.