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Global Contactless Smart Card Market 2015-2019 with ASK, Gemalto, Giesecke & Devrient, Morpho, Oberthur Technologies & Watchdata System Dominating
[March 03, 2015]

Global Contactless Smart Card Market 2015-2019 with ASK, Gemalto, Giesecke & Devrient, Morpho, Oberthur Technologies & Watchdata System Dominating


DUBLIN, Mar. 03, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/wd7q5c/global) has announced the addition of the "Global Contactless Smart Card Market 2015-2019" report to their offering.

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The Global Contactless Smart Card market to grow at a CAGR of 30.31% over the period 2014-2019

A smart card is a pocket-sized card, made of plastic, which is embedded with integrated circuits or microchips. It is used for authentication, identification, data storage, and application processing.

Smart cards are classified into two types: contact-based and contactless. Contactless smart cards are embedded with integrated circuits that process and store data and communicate with a terminal via radio frequencies. These cards are used by employing a radio frequency between the card and the reader that needs no physical insertion of the card. Therefore, contactless smart cards have faster applications and are user-friendly. Contactless smart cards are widely accepted and used by major sectors such as BFSI, Government, Transportation, Healthcare, and Defense.

Currently, government agencies in developing countries are increasingly adopting contactless smart cards. For instnce, smart card-based identity cards, driver's licenses, e-passports, voter ID, and vehicle document smart cards are widely being used in India. Likewise, many developing countries are launching contactless smart cards for growing sectors such as the Government, Healthcare, Transportation, and Defense sectors.




According to the report, the increased need to reduce identity duplication is one of the major factors driving market growth. With advances in technology, the amount of fraud and forgery related to identity duplication is rising. Secure solutions can prevent identify duplication as contactless smart cards are tamper-proof and difficult to decode.

Further, the report states that one of the key challenges that the market faces is the complex technology of a smart card chip. The microchips embedded in cards are technologically advanced and more complex than a magnetic tape card.


The report consolidates the revenue generated from the following major applications:

  • Government ID
  • Payment
  • Transit
  • Access control

Key Vendors

  • ASK
  • Gemalto
  • Giesecke & Devrient
  • Morpho
  • Oberthur Technologies
  • Watchdata System

Other Prominent Vendors

  • Advanced Card Systems
  • CardLogix
  • DataCard
  • Infineon Technologies
  • NXP Semiconductors
  • Secura Key
  • Sony Felica
  • SpringCard

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Description
  7. Market Landscape
  8. Market Segmentation by Application
  9. Geographical Segmentation
  10. Market Attractiveness
  11. Buying Criteria
  12. Market Growth Drivers
  13. Drivers and their Impact
  14. Market Challenges
  15. Impact of Drivers and Challenges
  16. Market Trends
  17. Trends and their Impact
  18. Vendor Landscape
  19. Key Vendor Analysis
  20. Key Insights
  21. Assumptions

For more information visit http://www.researchandmarkets.com/research/wd7q5c/global

Media Contact: Laura Wood , +353-1-481-1716, [email protected]

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-contactless-smart-card-market-2015-2019-with-ask-gemalto-giesecke--devrient-morpho-oberthur-technologies--watchdata-system-dominating-300044660.html

SOURCE Research and Markets


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