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Research and Markets: Ongoing Price Wars Leads to a Constant Decline in the Prices of Smart CardsResearch and Markets (http://www.researchandmarkets.com/research/4zdfht/smart_card_market) has announced the addition of the "Smart Card Market in the APAC Region 2015-2019" report to their offering. The analysts forecast the Smart Card market in the APAC region to grow at a CAGR of 5.6 percent over the period 2014-2019. The report consolidates the revenues generated from the following major sectors: - BFSI Sector - Government Sector - Transportation Sector Key Vendors - Giesecke & Devrient - Morpho - Oberthur Technologies - Watchdata System - AB Note - Arm Holdings - ASK - Datacard - Diebold - Infineon Technologies - Ingenico - Inside Contactless - Verifone System Commenting on the report, an analyst from The author's team said: Banks are adopting smart cards to enhance the security of critical data, which has become a key trend in the market. The Banking sector deals with a huge volume of confidential information, the loss or misuse of which could affect the economy and security of a nation. According to the report, increased use of e-purse is a major driver, as it is similar to a smart card and carries pre-loaded monetary value. An e-purse enables cashless transactions similar to credit and debit cards and also involves the use of contactless smart cards. For more information visit http://www.researchandmarkets.com/research/4zdfht/smart_card_market About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on businesswire.com: http://www.businesswire.com/news/home/20150622006086/en/ |
