Smart Card IC Market Analysis By Card Type, By Interface Type and End Use Industry-Forecast To 2028
Price: US $ 3250 | Pages: 100 | Published Date: June-2023
The smart card IC market is estimated to grow from USD 4.3 billion in 2022 to USD 5.13 billion by 2028, at a CAGR of approximately 3%. The future of the smart card IC market creates new prospects to smart card IC suppliers in the telecommunication, payment & banking, transportation, and e-government industries. The major growth drivers for this market are growth in the usage of SIM cards for mobile phones, increasing usage of electronic identification cards for various e-governance projects, and smart cards in payment and banking industries.
APAC is the largest along with the fastest growing region in the global smart card IC market due to increasing growth of the telecommunication and payment & banking industry seen in China and India.
Telecommunication is the largest application due to rising adoption for subscriber identity modules (SIM) cards for mobile phones.
Smart card IC market is consolidated and some of the major players in this market include Infineon Technologies AG, NXP Semiconductor, Samsung Electronics, STMicroelectronics, and CEC Huada Electronic Design Co and others
The sample figures with some insights are shown below
Report Scope:
The scope of the global Smart card IC market report is as follows:
| Key Features | Description |
| Base Year | 2022 |
| Trend Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units Considered | Value ( $ Million) |
| Market Segments | By card type (microcontroller and memory), by type of interface (contact, contactless, and others), by end use industry (e-government, telecommunication) |
| Regional / Country | North America ( US, Canada, and Mexico), Europe (UK, Germany, France, and Rest of Europe), Asia Pacific (China, India, and Rest of APAC), and RoW |
Research Methodology
Market Investigate performed both primary as well as exhaustive secondary research for this study. Initially, Market Investigate analyzed all the leading Smart card IC manufacturers across the globe. Subsequently, conducted primary research surveys with the identified companies. While interviewing, the company personnel were enquired about their key products, revenues, manufacturing plant location, and competitors. For this study, Market Investigate conducted more than 20 interviews, the same are mentioned below:
By company type: Manufacturers (50%), Consumers (25%), Researchers (15%), Independent industry consultant (10%)
By geography: North America (25%), Asia (40%), Europe (25%), Rest of the World (15%)
By designation: Top level (40%), Operation level (20%), Mid-level (40%)
Market Investigate analyzed by card type, by type of interface and regional presence of all major Smart card IC manufacturers across the globe. Market size for global Smart card IC was calculated by using bottom-up approach as well as top –down approach. Various secondary sources such as secondary sources directories, database, company annual reports, white papers, investor presentations and financial reports were also studied to estimate the market size and growth rate.
Table of Contents:
- Introduction
- Objectives and Scope of the Study
- Market Defination
- Research Methodology
- Executive summary
- Market Overview
- Introduction
- Industry Background
- Supply Chain
- Industry Drivers and Challenges
- Emerging Trends
- Smart card IC Market, By Card Type
- Microcontroller
- Memory
- Smart card IC Market, By Type of interface
- Contact
- Contactless
- Others
- Smart card IC Market, By End use industries
- E-Government
- Telecommunication
- Transportation
- Payment & Banking
- Others
- Smart card IC Market, By Geography
- Global Smart card IC Market by Region
- North American Smart card IC Market
- Market by Country
- US
- Canada
- Mexico
- Market by Card Type
- Market by Interface Type
- Market by End Use industry
- Market by Country
- European Smart card IC Market
- Market by Country:
- UK
- Germany
- France
- Rest of Europe
- Market by Card Type
- Market by Interface Type
- Market by End Use industry
- Market by Country:
- APAC Smart card IC Market
- Market by Country:
- China
- India
- Rest of APAC
- Market by Card Type
- Market by Interface Type
- Market by End Use industry
- Market by Country:
- Rest of the World Smart card IC Market
- Market by Country:
- Brazil
- Others
- Market by Card Type
- Market by Interface Type
- Market by End Use industry
- Market by Country:
- Market Attractiveness Analysis
- Growth Opportunities by Region
- Growth Opportunities by Card Type
- Growth Opportunities by Interface Type
- Growth Opportunities by End Use industries
- Competitive Landscape
- Product Portfolio
- Market Share Analysis
- Strategic Analysis
- Porters Five Forces
- Company Profiles of Leading Players
- Infineon Technologies AG
- NXP Semiconductor
- Samsung Electronics
- STMicroelectronics
- CEC Huada Electronic Design Co
Report Format : Power Point Presentation