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Smart Card IC Market Size to Grow by USD 1.17 Bn, Telecommunication to be Largest Revenue-generating Application Segment - Technavio
[October 05, 2022]

Smart Card IC Market Size to Grow by USD 1.17 Bn, Telecommunication to be Largest Revenue-generating Application Segment - Technavio


NEW YORK, Oct. 5, 2022 /PRNewswire/ -- The "Smart Card IC Market by Application, Type, and Geography - Forecast and Analysis 2022-2026" market has been added to Technavio's offerings. The global smart card IC market size is set to grow by USD 1.17 billion from 2021 to 2026, according to Technavio. In addition, the growth momentum of the market will accelerate at a CAGR of 4.63% during the forecast period.

Find a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format

Smart Card IC Market Application Outlook (Revenue, USD bn, 2021-2026)

  • Telecommunication - size and forecast 2021-2026
  • Financial - size and forecast 2021-2026
  • Government - size and forecast 2021-2026
  • Transportation - size and forecast 2021-2026
  • Others - size and forecast 2021-2026

Smart Card IC Market Type Outlook (Revenue, USD bn, 2021-2026)

  • 16-bit - size and forecast 2021-2026
  • 32-bit - size and forecast 2021-2026

Smart Card IC Market Geography Outlook (Revenue, USD bn, 2021-2026)

  • APAC - size and forecast 2021-2026
  • Europe - size and forecast 2021-2026
  • North America - size and forecast 2021-2026
  • South America - size and forecast 2021-2026
  • Middle East and Africa - size and forecast 2021-2026

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Revenue-generating Application Segment

The telecommunication segment will be the largest contributor to market growth during the forecast period. The growth of the market is attributed to factors such as the growth of the fifth-generation (5G) network, which is one of the latest mobile network technologies. Consumers are shifting from 4G networks to 5G networks. This, in turn, will result in a rise in the demand for 5G SIMs, which will increase the demand for smart card ICs.

Key Vendors and their Offerings

ams AG, Bartronics India Ltd., Broadcom Inc., CEC Huada Electronic Design Co. Ltd., CPI Card Group Inc., EM Microelectronic Marin SA, Imatric LLC, Infineon Technologies AG, Intel Corp., Microchip Technology Inc., Micron Technology Inc., NXP Semiconductors NV, ON Semiconductor Corp., Renesas Electronics Corp, Samsung Electronics Co. Ltd., STMicroelectronics NV, Texas Instruments Inc., Toshiba Corp., Ziguang Guoxin Microelectronics Co. Ltd., Zwipe AS, among others, are the main vendors in the market. The key offerings of some of these vendors are listed below:

  • Broadcom Inc. - The company offers a smart card IC, namely Stingray PS250.
  • Imatric LLC - The company offers a smart card IC, namely THD86.
  • Infineon Technologies AG - The company offers smart card ICs such as security and smart cards.
  • Intel Corp. - The company offers a smart card IC, namely Intel eASIC.
  • Microchip Technology Inc. - The company offers a smart card IC, namely SmartCard Xplained Pro.

Regional Analysis

APAC will account for 60% of the market's growth during the forecast period. This growth is attributed to factors such as the overall maturity of the industrial sector and the high adoption of technology. China, Taiwan, and Japan are the key countries for the smart card IC market in the region during the forecast period.

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Smart Card Integrated Circuit (IC) Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.63%

Market growth 2022-2026

USD 1.17 billion

Market structure

Fragmented

YoY growth (%)

4.22

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 60%

Key consumer countries

US, China, Taiwan, Japan, Germany, and Switzerland

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Key companies profiled

ams AG, Bartronics India Ltd., Broadcom Inc., CEC Huada Electronic Design Co. Ltd., CPI Card Group Inc., EM Microelectronic Marin SA, Imatric LLC, Infineon Technologies AG, Intel Corp., Microchip Technology Inc., Micron Technology Inc., NXP Semiconductors NV, ON Semiconductor Corp., Renesas Electronics Corp, Samsung Electronics Co. Ltd., STMicroelectronics NV, Texas Instruments Inc., Toshiba Corp., Ziguang Guoxin Microelectronics Co. Ltd., and Zwipe AS

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


Browse Information Technology Market Reports

Table of Contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

  • 5.1 Market segments 
    • Exhibit 25: Chart on Application - Market share 2021-2026 (%)
    • Exhibit 26: Data Table on Application - Market share 2021-2026 (%)
  • 5.2 Comparison by Application 
    • Exhibit 27: Chart on Comparison by Application
    • Exhibit 28: Data Table on Comparison by Application
  • 5.3 Telecommunication - Market size and forecast 2021-2026
    • Exhibit 29: Chart on Telecommunication - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Data Table on Telecommunication - Market size and forecast 2021-2026 ($ million)
    • Exhibit 31: Chart on Telecommunication - Year-over-year growth 2021-2026 (%)
    • Exhibit 32: Data Table on Telecommunication - Year-over-year growth 2021-2026 (%)
  • 5.4 Financial - Market size and forecast 2021-2026
    • Exhibit 33: Chart on Financial - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Data Table on Financial - Market size and forecast 2021-2026 ($ million)
    • Exhibit 35: Chart on Financial - Year-over-year growth 2021-2026 (%)
    • Exhibit 36: Data Table on Financial - Year-over-year growth 2021-2026 (%)
  • 5.5 Government - Market size and forecast 2021-2026
    • Exhibit 37: Chart on Government - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Data Table on Government - Market size and forecast 2021-2026 ($ million)
    • Exhibit 39: Chart on Government - Year-over-year growth 2021-2026 (%)
    • Exhibit 40: Data Table on Government - Year-over-year growth 2021-2026 (%)
  • 5.6 Transportation - Market size and forecast 2021-2026
    • Exhibit 41: Chart on Transportation - Market size and forecast 2021-2026 ($ million)
    • Exhibit 42: Data Table on Transportation - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Chart on Transportation - Year-over-year growth 2021-2026 (%)
    • Exhibit 44: Data Table on Transportation - Year-over-year growth 2021-2026 (%)
  • 5.7 Others - Market size and forecast 2021-2026
    • Exhibit 45: Chart on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 46: Data Table on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 48: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 5.8 Market opportunity by Application 
    • Exhibit 49: Market opportunity by Application ($ million)

6 Market Segmentation by Type

  • 6.1 Market segments 
    • Exhibit 50: Chart on Type - Market share 2021-2026 (%)
    • Exhibit 51: Data Table on Type - Market share 2021-2026 (%)
  • 6.2 Comparison by Type 
    • Exhibit 52: Chart on Comparison by Type
    • Exhibit 53: Data Table on Comparison by Type
  • 6.3 16-bit - Market size and forecast 2021-2026
    • Exhibit 54: Chart on 16-bit - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on 16-bit - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on 16-bit - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on 16-bit - Year-over-year growth 2021-2026 (%)
  • 6.4 32-bit - Market size and forecast 2021-2026
    • Exhibit 58: Chart on 32-bit - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on 32-bit - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on 32-bit - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on 32-bit - Year-over-year growth 2021-2026 (%)
  • 6.5 Market opportunity by Type 
    • Exhibit 62: Market opportunity by Type ($ million)

7 Customer Landscape

  • 7.1 Customer landscape overview 
    • Exhibit 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

  • 8.1 Geographic segmentation 
    • Exhibit 64: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 65: Data Table on Market share by geography 2021-2026 (%)
  • 8.2 Geographic comparison 
    • Exhibit 66: Chart on Geographic comparison
    • Exhibit 67: Data Table on Geographic comparison
  • 8.3 APAC - Market size and forecast 2021-2026
    • Exhibit 68: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 69: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 70: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 71: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 8.4 Europe - Market size and forecast 2021-2026
    • Exhibit 72: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 73: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 74: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 75: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 8.5 North America - Market size and forecast 2021-2026
    • Exhibit 76: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 77: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 78: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 79: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 8.6 South America - Market size and forecast 2021-2026
    • Exhibit 80: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 81: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 82: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 83: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 8.7 Middle East and Africa - Market size and forecast 2021-2026 
    • Exhibit 84: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 85: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 86: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 87: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 8.8 China - Market size and forecast 2021-2026
    • Exhibit 88: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 89: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 90: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 91: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 8.9 US - Market size and forecast 2021-2026
    • Exhibit 92: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 93: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 94: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 95: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 8.10 Germany - Market size and forecast 2021-2026
    • Exhibit 96: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 97: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 98: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 99: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 8.11 Taiwan - Market size and forecast 2021-2026
    • Exhibit 100: Chart on Taiwan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 101: Data Table on Taiwan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 102: Chart on Taiwan - Year-over-year growth 2021-2026 (%)
    • Exhibit 103: Data Table on Taiwan - Year-over-year growth 2021-2026 (%)
  • 8.12 Switzerland - Market size and forecast 2021-2026
    • Exhibit 104: Chart on Switzerland - Market size and forecast 2021-2026 ($ million)
    • Exhibit 105: Data Table on Switzerland - Market size and forecast 2021-2026 ($ million)
    • Exhibit 106: Chart on Switzerland - Year-over-year growth 2021-2026 (%)
    • Exhibit 107: Data Table on Switzerland - Year-over-year growth 2021-2026 (%)
  • 8.13 Japan - Market size and forecast 2021-2026
    • Exhibit 108: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 109: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 110: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 111: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 8.14 Market opportunity by geography 
    • Exhibit 112: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers
  • 9.2 Market challenges
  • 9.3 Impact of drivers and challenges 
    • Exhibit 113: Impact of drivers and challenges in 2021 and 2026
  • 9.4 Market trends

10 Vendor Landscape

  • 10.1 Overview
  • 10.2 Vendor landscape 
    • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
  • 10.3 Landscape disruption 
    • Exhibit 115: Overview on factors of disruption
  • 10.4 Industry risks 
    • Exhibit 116: Impact of key risks on business

11 Vendor Analysis

  • 11.1 Vendors covered 
    • Exhibit 117: Vendors covered
  • 11.2 Market positioning of vendors 
    • Exhibit 118: Matrix on vendor position and classification
  • 11.3 Broadcom Inc. 
    • Exhibit 119: Broadcom Inc. - Overview
    • Exhibit 120: Broadcom Inc. - Business segments
    • Exhibit 121: Broadcom Inc. - Key news
    • Exhibit 122: Broadcom Inc. - Key offerings
    • Exhibit 123: Broadcom Inc. - Segment focus
  • 11.4 Imatric LLC 
    • Exhibit 124: Imatric LLC - Overview
    • Exhibit 125: Imatric LLC - Product / Service
    • Exhibit 126: Imatric LLC - Key offerings
  • 11.5 Infineon Technologies AG 
    • Exhibit 127: Infineon Technologies AG - Overview
    • Exhibit 128: Infineon Technologies AG - Business segments
    • Exhibit 129: Infineon Technologies AG - Key news
    • Exhibit 130: Infineon Technologies AG - Key offerings
    • Exhibit 131: Infineon Technologies AG - Segment focus
  • 11.6 Intel Corp. 
    • Exhibit 132: Intel Corp. - Overview
    • Exhibit 133: Intel Corp. - Business segments
    • Exhibit 134: Intel Corp. - Key news
    • Exhibit 135: Intel Corp. - Key offerings
    • Exhibit 136: Intel Corp. - Segment focus
  • 11.7 Microchip Technology Inc. 
    • Exhibit 137: Microchip Technology Inc. - Overview
    • Exhibit 138: Microchip Technology Inc. - Business segments
    • Exhibit 139: Microchip Technology Inc. - Key news
    • Exhibit 140: Microchip Technology Inc. - Key offerings
    • Exhibit 141: Microchip Technology Inc. - Segment focus
  • 11.8 NXP Semiconductors NV 
    • Exhibit 142: NXP Semiconductors NV - Overview
    • Exhibit 143: NXP Semiconductors NV - Product / Service
    • Exhibit 144: NXP Semiconductors NV - Key news
    • Exhibit 145: NXP Semiconductors NV - Key offerings
  • 11.9 ON Semiconductor Corp. 
    • Exhibit 146: ON Semiconductor Corp. - Overview
    • Exhibit 147: ON Semiconductor Corp. - Business segments
    • Exhibit 148: ON Semiconductor Corp. - Key offerings
    • Exhibit 149: ON Semiconductor Corp. - Segment focus
  • 11.10 Samsung Electronics Co. Ltd. 
    • Exhibit 150: Samsung Electronics Co. Ltd. - Overview
    • Exhibit 151: Samsung Electronics Co. Ltd. - Business segments
    • Exhibit 152: Samsung Electronics Co. Ltd. - Key news
    • Exhibit 153: Samsung Electronics Co. Ltd. - Key offerings
    • Exhibit 154: Samsung Electronics Co. Ltd. - Segment focus
  • 11.11 STMicroelectronics NV 
    • Exhibit 155: STMicroelectronics NV - Overview
    • Exhibit 156: STMicroelectronics NV - Business segments
    • Exhibit 157: STMicroelectronics NV - Key news
    • Exhibit 158: STMicroelectronics NV - Key offerings
    • Exhibit 159: STMicroelectronics NV - Segment focus
  • 11.12 Toshiba Corp. 
    • Exhibit 160: Toshiba Corp. - Overview
    • Exhibit 161: Toshiba Corp. - Business segments
    • Exhibit 162: Toshiba Corp. - Key news
    • Exhibit 163: Toshiba Corp. - Key offerings
    • Exhibit 164: Toshiba Corp. - Segment focus

12 Appendix

  • 12.1 Scope of the report
  • 12.2 Inclusions and exclusions checklist 
    • Exhibit 165: Inclusions checklist
    • Exhibit 166: Exclusions checklist
  • 12.3 Currency conversion rates for US$ 
    • Exhibit 167: Currency conversion rates for US$
  • 12.4 Research methodology 
    • Exhibit 168: Research methodology
    • Exhibit 169: Validation techniques employed for market sizing
    • Exhibit 170: Information sources
  • 12.5 List of abbreviations 
    • Exhibit 171: List of abbreviations
About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/ 

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