CONTACTLESS SMART CARD MARKET GLOBAL INDUSTRY ANALYSIS, TRENDS, MARKET SIZE AND FORECASTS UP TO 2023

FLARE CONTACTLESS GAS RECOVERY SMART CARD SYSTEM MARKET MARKET GLOBAL INDUSTRY ANALYSIS, TRENDS, MARKET SIZE AND FORECASTS UP TO 2023

Contactless Smart Card Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Š Infinium Global Research

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Contactless Smart Card Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Introduction Report Description The Contactless Smart Card Market was sized near USD 26.77 billion in 2016. The contactless smart card market is projected to grow with a CAGR of 35.3% during 2017-2023.

Radio frequency induction technology is used to transfer data and information in contactless smart cards. The rate of data transfer can differ between 106 kbits/s and 848 kbits/s. Inductors are used to capture the incident Radio Frequency interrogation signal in contactless smart cards, which is rectified and used as the power for the card's electronics.

This signal sends to a card reader, which transfers data to a system.

This report estimates the market size of contactless smart card market in terms of value (USD million) over the period of 2015 to 2023.The year 2016 is considered to be a base year, and 2017 to 2023 is considered to be a forecast period. Moreover, the market sizes for contactless smart card market in numerous application is estimated in terms of value.

This market research study provides detailed qualitative and quantitative analysis of the contactless smart card market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of contactless smart card market. The market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecasts are also given for these regions. Countries with major market revenues are covered for each of the region.

Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of contactless smart card market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the contactless smart card market that will impact Š Infinium Global Research

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Contactless Smart Card Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

the demand during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in the world. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.

CONTACTLESS SMART CARD MARKET SEGMENTATION

CONTACTLESS SMART CARD MARKET

Region

Application    

Government ID Transit Payment Access Control

   

North America Europe Asia Pacific RoW

The global contactless smart card market is segmented on the basis of Application. The Application includes Government ID, Transit, Payment and Access Control. Among the segment, the government ID sector will have largest market share during the forecast period.

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Contactless Smart Card Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Research Methodology Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary sources followed by primary research. With these research methods we were able to estimate the market size of the contactless smart card market to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market. Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get in the coming days.

Research Methodology: An Outline

Primary source of the information and data include  Industry Experts/consultants  Top level executives in the key market players  Subject matter experts  Academicians and research scholars

PRIMARY RESEARCH

Secondary sources of the information and data include  Company annual reports  Government/institutional publications  Trade and associations journals  Databases  Websites and publications by research agencies  Others

SECONDARY RESEARCH

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Contactless Smart Card Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

RESEARCH APPROACHES- BOTTOM UP BOTTOM-UP APPROACH

Arriving at Global Market Size

Market Share of Key Players

Key Market Players

Arriving at Regional/Country Market Size

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Accumulation of the country level market size (value) Regional market size of contactless smart card and its applications

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Segment revenue of the key players Country level market size by applications (value)

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Identifying key players in the contactless smart card market

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Accumulation of the regional/country market size (value) Global market size of applications

RESEARCH APPROACHES- TOP-DOWN Global Market

Market Segments

Determine the Regional Market Size

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Global market size of contactless smart card market Value for 2015 to 2023

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% breakdown by market segments by applications Value for 2015 and 2023

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Regional market size of the contactless smart card market (value) Regional market size of applications

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Country Level Market Sizing

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Country level market size of the contactless smart card market in every region (value) Country level market size of applications in every region

TOP-DOWN APPROACH © Infinium Global Research

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Contactless Smart Card Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

The study on contactless smart card market provides deep insights into the trends and opportunities in the market for the forecast period 2017 to 2023. Moreover, the market estimates are provided in terms of revenue in USD million. Furthermore, the research covers the analysis of the various segments in the contactless smart card market. The estimates in the contactless smart card market are based on both bottom-up and top-down approaches. In the bottom-up approach the revenues of the key players are determined and added to arrive at country or regional markets size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market size of contactless smart card market.

In the top-down approach the global market size is estimated based on the secondary research and historic data. Using this approach the regional market size is obtained by splitting the global number by percentage share of each region such as North America, Europe, Asia-Pacific and RoW. The regional market was then divided as per the market share of the Application.

IGR- RESEARCH METHOD AND DATA TRIANGULATION SECONDARY SOURCES

Infinium's Data Bank/ Know How

 Top executives of end-use industries  Intermediaries

 C-level executives in the leading manufacturing products of contactless smart card.  Product managers  Sales managers  Industry consultants  Distributors/Suppliers

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Industry Publications Government Agencies' Publications Industry news Data sources

      

Annual Reports Presentations Company Websites Press Releases News Articles Journals Paid Databases

Secondary Research

DATA TRIANGULATION & INFORMATION SOURCES

Company Publication

Supply Side

Primary Research

   

General Publications

Demand Side

PRIMARY SOURCES

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Contactless Smart Card Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

The market size of contactless smart card is determined based on the top down approach.

The market size is validated using primary interview with the participants working in some of the leading players in the contactless smart card market. The primary interview participants typically includes managers and CXO level executives of the leading players in this market. The primary interviews not only help identify the market size of the contactless smart card market but also identify the factors that promote the growth in the market and the factors that restrain the growth in this market. The views of primary respondents were reconciled to provide qualitative analysis of the contactless smart card market. The primary respondents also help identifying top 5-10 players and their possible market share in the respective country markets and in world market. The bottom-up approach is used to validate the global market size of contactless smart card. With the help of primary interviews and secondary research the market size of contactless smart card is determined for each country studied, which then is added to arrive at regional market size and there by obtaining global market size. This in turn helps us to validate the market size of contactless smart card in the world market.

Executive Summary Contactless Smart Card Market Highlights, (USD Million, Million Units) The contactless smart card market is expected to grow at a CAGR of 35.3 % between 2017 and 2023 in terms of value. User-friendly interface, increased use of electronic purses, need to reduce identity duplication, and demand for tamper-resistant systems remains the key factor driving the growth of global contactless smart card market. Moreover, lack of awareness, high implementation costs, complexity of technology and growing price-based competition are the key factors restraining the growth of this market. Growing adoption of smart cards, increased popularity of e-commerce is likely to bring more opportunities to this market.

The leading players in the contactless smart card market include DataCard, Advanced Card Systems Ltd, SpringCard, NXP Semiconductors, Secura Key, Infineon Technologies, Sony FeliCa, and CardLogix. Š Infinium Global Research

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Contactless Smart Card Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

CONTACTLESS SMART CARD MARKET, 2015 - 2023 (USD MILLION, MILLION UNITS)

Contactless smart card market is expected to experience rapid growth globally. However, the market size in terms of value is expected to grow at a higher rate due user-friendly interface, increased use of electronic purses. The global market size of contactless smart card in terms of value was USD X.X billion in 2016.

CONTACTLESS SMART CARD MARKET, CAGR (USD MN) GROWTH BY REGIONS (2017 – 2023)

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2017 – 2023. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others. Moreover, European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the © Infinium Global Research

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Contactless Smart Card Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017 - 2023.

Market Overview & Competitiveness DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying the factors that are likely to have impact on the contactless smart card market. It covers analysis of short term and long term impact of drivers and restraints. Through this analysis both short term and long term opportunities are identified. These opportunities present the investment options and new markets for the market players in the contactless smart card market.

Drivers refer to the factors that are expected to drive or boost the market size or demand for contactless smart card. The analysis involves identification of both demand side and supply side factors that drive the demand as well as environmental factor that favor the market conditions for growth of contactless smart card market both in short run and long run.

DRIVERS OF CONTACTLESS SMART CARD MARKET, IMPACT ANALYSIS SHORT TERM IMPACT

DRIVERS

MID TERM IMPACT

LONG TERM IMPACT

Driver 1 Driver 2 Driver 3

HIGH

MEDIUM

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LOW

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Contactless Smart Card Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

RESTRAINTS OF CONTACTLESS SMART CARD MARKET, IMPACT ANALYSIS SHORT TERM IMPACT

RESTRAINTS

MID TERM IMPACT

LONG TERM IMPACT

Restraint 1

Restraint 2

HIGH

MEDIUM

LOW

IGR- Growth Matrix Analysis Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the product segment and Device segment or region based on the market size, growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers  Risky Zone: Low market size and low growth rate. Investment in this segment is risky  Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive marketing and advertisements  Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in these segment. Mergers and acquisitions, extensive marketing programs, and new product developments can be used as marketing strategies to consolidate the market in these segments.  Opportunity Zone: High growth low market size © Infinium Global Research

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Contactless Smart Card Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

 Safe Zone: Moderate growth and moderate market size.

IGR- GROWTH MATRIX ANALYSIS Growth Rate

Opportunity Zone

Consolidation Zone

High

Low

Risky Zone

Retention Zone Market Size Low

High North America

Europe

Asia-Pacific

RoW

CONTACTLESS SMART CARD MARKET BY APPLICATION, 2016- 2023 (REVENUE % SHARE)

2016

2023

Government ID

Transit

Payment

Access Control

© Infinium Global Research

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Contactless Smart Card Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

CONTACTLESS SMART CARD MARKET BY APPLICATION, 2015 - 2023 (MILLION UNITS)

2015

2016 Government ID

2017 Transit

Payment

2023

Access Control

GLOBAL GOVERNMENT ID MARKET BY REGIONS, 2015 - 2023 (USD MILLION)

2015

2016 North America

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2017 Europe

Asia-Pacific

2023

RoW

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Contactless Smart Card Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

GLOBAL TRANSIT MARKET BY REGIONS, 2015 - 2023 (USD MILLION)

2015

2016 North America

2017 Europe

Asia-Pacific

2023

RoW

GLOBAL PAYMENT MARKET BY REGIONS, 2015 - 2023 (USD MILLION)

2015

2016 North America

© Infinium Global Research

2017 Europe

Asia-Pacific

2023

RoW

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Contactless Smart Card Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

GLOBAL ACCESS CONTROL MARKET BY REGIONS, 2015 - 2023 (USD MILLION)

2015

2016 North America

2017 Europe

Asia-Pacific

2023

RoW

CONTACTLESS SMART CARD MARKET BY REGION, 2016 - 2023 (REVENUE % SHARE)

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Contactless Smart Card Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

CONTACTLESS SMART CARD MARKET BY REGION, 2015 - 2023 (MILLION UNITS)

2015

2016 North America

2017 Europe

Asia-Pacific

2023

RoW

NORTH AMERICA CONTACTLESS SMART CARD MARKET BY APPLICATION, 2015 - 2023 (REVENUE % SHARE) 2016

2023

Government ID

Transit

Payment

Access Control

Browse Detailed Description, TOC and Key Players Mentioned in this Report @ https://www.infiniumglobalresearch.com/ict-semiconductor/global-contactless-smartcard-market © Infinium Global Research

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Contactless Smart Card Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

NORTH AMERICA CONTACTLESS SMART CARD MARKET BY APPLICATION, 2015 - 2023 (MILLION UNITS)

2015

2016 Government ID

2017 Transit

Payment

2023

Access Control

Company Profile DataCard Company Snapshot DataCard CONTACT DETAILS: Address: 1187 Park Place Shakopee, MN 55379 United States Tele: +1 800 621 6972 Website: www.entrustdatacard.com

KEY FEATURES: No. of Employees: more than xx No. of countries of operation: xx

SWOT ANALYSIS: STRENGHTS  

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WEAKNESS  

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THREATS

OPPORTUNITIES

PRODUCT PORTFOLIO:  Product 1  Product 2  Product 3

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