smart card market in apac region 2015-2019
TRANSCRIPT
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Smart Card Market in APAC Region 2015-2019
The report discusses the following in-depth:
• Market Segmentation by Types of Product • Market Segmentation by Packaging Technology • Market Segmentation by Nature of Transaction
• Business Segmentation
• Business Segmentation by Revenue
• Geographical Segmentation by Revenue
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Key Trends
TechNavio’s Senior Analyst says, “The growth of the market is supported by the increased usage of e-purses. An e-purse is similar to a smart card and enables hassle-free monetary transactions. E-purses eliminate the need to carry cash. Attracted by the market potential, several prominent vendors are also increasingly focusing on developing countries, another critical factor responsible for the growth of the market in the APAC region.”
• A smart card is a pocket-sized card embedded with integrated circuits called microchips. Made of plastic, smart cards are used for security, authentication, identification, data storage, and application processing. These cards are classified into two types: contact-based and contactless. Contact-based smart cards have a contact area of about 1 square cm and are inserted into a smart card reader.
• TechNavio's analysts forecast the Smart Card market in the APAC region to grow at a CAGR of 5.6 percent over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Smart Card Market in APAC Region 2015-2019
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Vendors
To understand the vendor landscape and for a full list of vendors view our report:
Smart Card Market in APAC Region 2015-2019
Gemalto
Giesecke & Devrient
Morpho
Gemalto was established in June 2006 with the merger of Axalto Holding and Gemplus International. It protects, verifies and manages digital identities and interactions. It focuses on enabling its customers to provide payment security, personal mobile services, identity and privacy protection, machine-to-machine applications, authenticated Cloud access, eGovernment documents, and other services.
Giesecke & Devrient is the global leader in banknote printing and processing. The company provides solutions such as software, hardware, and services particularly for mobile security applications in electronic payments and telecommunications.
Morpho was established in 1925 and is headquartered in Issy-les-Moulineaux, France. The company focuses on designing, manufacturing, and marketing physical and logical access control products for various business lines. Morpho operates as a subsidiary of Safron group.
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Market Landscape
• The Smart Card market in the APAC region is currently in its growth stage.
• Forgery and data theft is on the rise, forcing major sectors such as Government, BFSI, Transportation, Healthcare, and Defense to adopt smart card solutions.
• As the technology used in smart cards improves, it is expected that the Smart Card market in the APAC region will continue to grow during the forecast period.
• Magnetic tapes are increasingly being replaced by smart cards, which allow both storage and processing of information, making them more efficient.
• Smart cards are also tamper-resistant, which prevents loss or misuse of personal data.
• The market is expected to generate revenue from different regions and industries.
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Key Buying CriteriaGuest Bloggers
• Authenticity • Delivery • Price• Service
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Parameters Details
Accuracy Smart cards should provide accurate details about users and their accounts
CostThe implementation, replacement and maintenance costs of smart cards should be affordable
Flexibility Smart cards should store and process large volumes of data
User-friendliness Smart cards should have a user-friendly interface and should be easy to implement
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Smart Card Market in APAC Region 2015-2019
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