Smart Card IC Market 2019-2023 | Demand for Contactless Smart Cards to Boost Growth | Technavio

Technavio has announced its latest market research report titled Global Smart Card IC Market 2019-2023 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the smart card IC market and it is poised to grow by USD 1.79 bn during 2019-2023, progressing at a CAGR of over 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Infineon Technologies AG, NXP Semiconductors NV, ON Semiconductor Corp., Samsung Electronics Co. Ltd., and STMicroelectronics NV are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Demand for contactless smart cards has been instrumental in driving the growth of the market.

Smart Card IC Market 2019-2023 : Segmentation

Smart Card IC Market is segmented as below:

  • Application
    • Telecommunication
    • Financial
    • Government
    • Transportation
    • Others
  • Microprocessor Architecture
    • 16-bit
    • 32-bit
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR31881

Smart Card IC Market 2019-2023 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our smart card IC market report covers the following areas:

  • Smart Card IC Market Size
  • Smart Card IC Market Trends
  • Smart Card IC Market Industry Analysis

This study identifies integration of smart cards with blockchain as one of the prime reasons driving the smart card IC market growth during the next few years.

Smart Card IC Market 2019-2023 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the smart card IC market, including some of the vendors such as Infineon Technologies AG, NXP Semiconductors NV, ON Semiconductor Corp., Samsung Electronics Co. Ltd., and STMicroelectronics NV. Backed with competitive intelligence and benchmarking, our research reports on the smart card IC market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Smart Card IC Market 2019-2023 : Key Highlights

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will assist smart card IC market growth during the next five years
  • Estimation of the smart card IC market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the smart card IC market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of smart card IC market vendors

Table Of Contents :

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Telecommunication - Market size and forecast 2018-2023
  • Financial - Market size and forecast 2018-2023
  • Government - Market size and forecast 2018-2023
  • Transportation - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY MICROPROCESSOR ARCHITECTURE

  • Market segmentation by microprocessor architecture
  • Comparison by microprocessor architecture
  • 16-bit - Market size and forecast 2018-2023
  • 32-bit - Market size and forecast 2018-2023
  • Market opportunity by microprocessor architecture

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Robust demand for dual-interface cards
  • Use of biometrics in smart cards
  • Integration of smart cards with blockchain

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Infineon Technologies AG
  • NXP Semiconductors NV
  • ON Semiconductor Corp.
  • Samsung Electronics Co. Ltd.
  • STMicroelectronics NV

PART 15: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 16: EXPLORE TECHNAVIO

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The global smart card IC market size will grow by USD 1.79 billion during 2019-2023.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/