Smart Card Technologies and Global Markets

Report Highlights

The global market for smart card technologies reached $6.7 billion in 2016. This market is expected to increase from nearly $7.3 billion in 2017 to $11.0 billion in 2022 at a compound annual growth rate (CAGR) of 8.7% for 2017-2022. 

Report Includes

• An overview of the global market for smart card security and technology.
• Analyses of global market trends, with data from 2016, estimates for 2017, and projections of CAGRs through 2022.
• Description of the various security technologies for smart cards to ensure the goal of keeping security assurance out of reach.
• Discussion on the continued expansion of smart card functions for their integration and use in mobility, the Internet of Things, and new payment and data management methods.
• A look at the opportunities for and obstacles to the capability of smart cards.
• Review of the use of smart cards as tools for identification and authentication, which in turn will raise new growth opportunities for manufacturers and service providers.
• Profiles of major players in the industry.

Report Scope

This report covers the global market for smart card technologies and regional analysis of North America, Latin America, Europe, the Middle East and Africa, and the Asia-Pacific region. Component segments include major smart card technologies, smart card types, platforms, protocols, standards and applications.

From a definition standpoint, this report includes sizing and forecasting for smart card technologies embedded into mobile devices, including subscriber identify modules (SIM), embedded SIM (eSIM), universal integrated circuit cards (UICC) and embedded UICC (eUICC), as well as traditional smart cards, such as national identity, company or government access control and consumer payment, and store or credit cards.

Analyst Credentials

Michael Sullivan has more than 20 years of experience tracking and analyzing technology and buyer behavior in energy and information technology (IT). He is an expert in the changes to business, energy and technology strategy that occur at the inflection points. Michael has written and researched the current inflection points of green buildings, energy management systems and cloud for companies such as Microsoft and Hewlett-Packard, as well as energy and building system transformation for companies such as Schneider-Electric. An author and journalist, he also writes market research reports in the categories of Environment, Healthcare, Information Technology, Instrumentation and Sensors and Security. He has an MBA from Boston University School of Management.