[May 22, 2013] Research and Markets Adds Report: Research and Development Forecast of Smart Card Industry in China,-2017 Tweet May 22, 2013 (Close-Up Media via COMTEX) -- Research and Markets has announced the addition of the "Research and Development Forecast of Smart Card Industry in China,-2017" report to its offerings. In a release, Research and Markets noted that report highlights include: Research and Development Forecast of the Smart Card Industry in China,-2017 analyzes, the market status of the smart card industry at home and abroad, competition status and business performance of the main enterprises, and makes a prediction about the smart card industry which provide a decision-making reference for enterprises to understand this industry as well as invest in the field. According to statistics, global smart card shipments reached more than 4 billion in 2012, still a stable growth under the negative influence of the global financial crisis. The smart card manufacturers in Europe are Gemalto, ST, Infineon and NXP, which push forward smart card industry development. At present, many countries in Europe have changed from using magnetic stripe cards to use chip cards, also called the EMV move, with greater demand for smart card. With the rapid development of the industry in the Asia-Pacific region, China, India, Japan, South Korea and other Southeast Asian countries, there is now a great demand for smart cards. In addition, China is the largest market, almost accounting for the one third of global market. Smart cards in China have been developed for 20 years. Until 2012, it appeared to be a favorable trend no matter in finance, social security or public transportation, and medical treatment. In the last two years, the growth rate of smart card market reached over 10 percent, and sales amount of smart cards in China exceeded CNY 10 billion in 2012. The telecommunications sector is the leader to start up the smart card application in China, which has attached much importance to promote the application of smart cards. Smart cards (SIM, UIM, public phone IC card, PIM card) can be seen not only in high-end mobile phones but also in normal public phones. It undoubtedly advances the industry to be strong and developed. In 2012, the purchase of smart cards in China's telecom field added up to 6.5 billion cards. In the next five years, more smart cards will be purchased in China's telecoms field, with estimates of up to 4 billion more cards, especially after the popularization of 3G network, it accelerated the elimination of the 2G SIM card. Research and Markets is a source for international market research reports. ((Comments on this story may be sent to [email protected])) [ Back To TMCnet.com's Homepage ]