COVID-19 Outlook and Impact- EMV Cards Market 2020-2024 | Increasing Number of Cashless Transactions to Boost Growth | Technavio

Technavio has announced its latest market research report titled Global EMV Cards Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the EMV cards market and it is poised to grow by USD 803.22 million during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. American Banknote Corp., CPI Card Group Inc., Fiserv Inc., Giesecke+Devrient GmbH, Goldpac Group Ltd., IDEMIA, IdentiSys Inc., Perfect Plastic Printing Corp., Thales Group, and Valid Solucoes SA are some of the major market participants. Although the increasing number of cashless transactions will offer immense growth opportunities, the popularity of mobile payments will challenge the growth of the 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.

The increasing number of cashless transactions has been instrumental in driving the growth of the market. However, the popularity of mobile payments might hamper the market growth.

EMV Cards Market 2020-2024: Segmentation

EMV Cards Market is segmented as below:

  • Technology
    • Contactless
    • Contact
  • 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=IRTNTR40052

EMV Cards Market 2020-2024: Scope

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

  • EMV Cards Market size
  • EMV Cards Market trends
  • EMV Cards Market industry analysis

This study identifies the advent of biometric EMV cards as one of the prime reasons driving the EMV cards market growth during the next few years.

EMV Cards Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the EMV Cards Market, including some of the vendors such as American Banknote Corp., CPI Card Group Inc., Fiserv Inc., Giesecke+Devrient GmbH, Goldpac Group Ltd., IDEMIA, IdentiSys Inc., Perfect Plastic Printing Corp., Thales Group, and Valid Solucoes SA. Backed with competitive intelligence and benchmarking, our research reports on the EMV Cards Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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EMV Cards Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist EMV cards market growth during the next five years
  • Estimation of the EMV cards market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the EMV cards market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of EMV cards 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
  • Value chain analysis
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Methodology for market sizing and vendor selection
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

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 TECHNOLOGY

  • Market segmentation by technology
  • Comparison by technology
  • Contactless - Market size and forecast 2019-2024
  • Contact - Market size and forecast 2019-2024
  • Market opportunity by technology

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Advent of biometric EMV cards
  • Preference for dual-interface EMV cards
  • Adoption of inorganic growth strategies

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • American Banknote Corp.
  • CPI Card Group Inc.
  • Fiserv Inc.
  • Giesecke+Devrient GmbH
  • Goldpac Group Ltd.
  • IDEMIA
  • IdentiSys Inc.
  • Perfect Plastic Printing Corp.
  • Thales Group
  • Valid Solucoes SA

PART 14: APPENDIX

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

PART 15: EXPLORE TECHNAVIO

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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 EMV cards market is poised to grow by USD 803.22 mn during 2020-2024, according to Technavio

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/