Banking, Financial Services & Insurance

Global Contactless Smart Cards Market in the Banking Sector 2016-2020

  • TEC612628
  • 59 Pages
  • June 2016
  • Banking, Financial Services & Insurance
About the Contactless Smart Cards Market in Banking Sector

A smart card is a pocket-sized card with an embedded microcircuit. Smart cards are used by organizations in various sectors such as banking, financial services, and insurance (BFSI); transportation; government; and healthcare for identification and authentication of individuals. They can be used by employees in enterprises to gain authorized access to secured premises to ensure data security. Based on technology, smart cards can be segmented into contact-based and contactless smart cards.

Technavios analysts forecast the global contactless smart cards market in banking sector to grow at a CAGR of 33.09% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global contactless smart cards market in banking sector for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of contactless smart cards used for payments.

The market is divided into the following segments based on geography:
APAC
Europe
MEA
North America
South America



Technavio's report, Global Contactless Smart Cards Market in Banking Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the operating in this market.

Key vendors
Gemalto
Giesecke & Devrient
Safran
Oberthur Technologies

Other prominent vendors
American Express
ARM
Bell ID
CardLogix
DataCard
HID Global
Infineon Technologies
MasterCard
NXP Semiconductors
Smart Card IT Solutions
Visa



Market driver
Growing need to reduce identity duplication
For a full, detailed list, view our report

Market challenge
Lack of awareness about contactless smart cards among end-users
For a full, detailed list, view our report

Market trend
Introduction of hybrid smart cards
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.


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