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Research and Markets - Smart Cards Market to Reach $15.4 Billion by 2025 - Key Vendors are American Express, Atos SE, CPI Card Group, Gemalto NV, G&D, Infineon Technologies AG, NXP Semiconductors & Texas InstrumentsDUBLIN, May 25, 2017 /PRNewswire/ -- Research and Markets has announced the addition of the "Smart Cards Market, 2014-2025" report to their offering.  The global smart cards market is predicted to reach USD 15.4 billion by 2025. The increasing demand for the product, across various applications, such as payment transactions, cell phones, ID verification & access controls, is presumed to favor the market growth over the forecast period. Smart cards are used in several applications including the retail, healthcare, government, and hospitality sectors, promoting the market demand over the forecast period by providing effective data storage, efficient payment transactions, and faster processing time. Smart cards are extensively used to enable secure payment transactions and to promote cashless payments, thereby, enabling cost savings for payment merchants and offering convenience to the consumers. The use of mobile phones and IoT devices has further promoted the use of SIM & data chips thereby driving the demand for the product. These devices are increasingly used in retail applications to enable faster transactions and reduce the checkout time. These advantages are enabling growth of the industry at a significant rate, over the next nine years. Companies Mentioned
Key Topics Covered: For more information about this report visit http://www.researchandmarkets.com/research/tdvrt9/smart_cards Media Contact: Research and Markets 
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