DUBLIN--(BUSINESS WIRE)--The "Contactless Smart Card Market: Global Industry Analysis, Trends, Market Size & Forecasts to 2023" report has been added to ResearchAndMarkets.com's offering.
The report predicts the global contactless smart card market to grow with a CAGR of 35.3% from 2017 to 2023.
The report on global contactless smart card market provides qualitative and quantitative analysis for the period of 2015 to 2023. The global contactless smart card market was worth USD 20.6 billion in 2015. The study on contactless smart card market covers the analysis of regions such as North America, Europe, Asia Pacific, and Rest of the World. Among the geographies Asia Pacific dominated the world market over the forecast period.
The report on global contactless smart card market is a comprehensive study of demand, market size, forecasts, trends and factors affecting the global contactless smart card market. Moreover, the report is collective presentation of primary and secondary research findings. In addition, it provides deep insights on the factors that are driving, restraining the global contactless smart card market.
Porter's five forces model in the report provides insights into the competitive rivalry in the global contactless smart card market over the period of 2015 - 2023. Further, the author's Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.
Report Findings
Drivers
- User-friendly interface
- Increased use of electronic purses
- Need to reduce identity duplication
- Demand for tamper-resistant systems.
Restraints
- Lack of awareness
- High implementation costs
- Complexity of technology
- Growing price-based competition
Opportunities
- Growing adoption of smart cards
- Increased popularity of e-commerce
Segments Covered
Global Contactless Smart Card Market by Application
a. Government ID
b. Transit
c. Payment
d. Access control Industrial grade
The companies covered in the report include:
- DataCard
- Advanced Card Systems Ltd
- SpringCard
- NXP Semiconductors
- Secura Key
- Infineon Technologies
- Sony FeliCa
-
CardLogix
For more information about this report visit https://www.researchandmarkets.com/research/xt72mv/global?w=4
