The Global Smart Card IC Market

Global Smart Card IC Market 2023-2027. The smart card IC market is forecasted to grow by USD 1179.78 mn during 2022-2027, accelerating at a CAGR of 4.61% during the forecast period.

New York, June 05, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Smart Card IC Market 2023-2027" - https://www.reportlinker.com/p04153780/?utm_source=GNW The report on the smart card IC market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for electronic id cards, growing demand for contactless smart cards, and compliance with regulatory requirements.The smart card IC market is segmented as below:By Application• Telecommunication• Financial• Government• Transportation• OthersBy CPU architecture• 16-bit• 32-bitBy Geographical Landscape• APAC• Europe• North America• South America• Middle East and AfricaThis study identifies the robust demand for dual-interface cards as one of the prime reasons driving the smart card IC market growth during the next few years. Also, the use of biometrics in smart cards and the integration of smart cards with blockchain will lead to sizable demand in the market.The report on the smart card IC market covers the following areas:• Smart card IC market sizing• Smart card IC market forecast• Smart card IC market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart card IC market vendors that include CardLogix Corp., Datasonic Group Berhad, Imatric LLC, Infineon Technologies AG, JCB Co. Ltd., Kshitij Polyline Ltd., LEGIC Identsystems Ltd., Microchip Technology Inc., NXP Semiconductors NV, ON Semiconductor Corp., PGP GROUP Ltd., Protolab Electrotechnologies Pvt. Ltd., Samsung Electronics Co. Ltd., Seshaasai Business Forms Pvt. Ltd., SKS ELECTRONICS, Smart Card IT Solutions Ltd., STMicroelectronics NV, Texas Instruments Inc., Thales Group, and The Swatch Group Ltd. Also, the smart card ic market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.Read the full report: https://www.reportlinker.com/p04153780/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________