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Global smart card opportunities
Datamonitor, Sep 2003, Pages: 110
This report offers a detailed analysis of the global smart card opportunity across a number of vertical markets to 2006. Market forecasts and growth projections are provided as well as industry-specific strategic and tactical recommendations for vendors. Particular focus is also made on the potential for security applications to drive revenue growth for smart card solution providers.
Scope
- Forecasts of global smart card shipments and revenues from 2002 to 2006. Global analysis covering Emea, Asia Pacific, Latin America and North America
- Quantitative and qualitative assessments of the opportunities by geography, vertical market and smart card type
- Analysis of vendors’ issues and the industry’s competitor dynamics, as well as industry-specific recommendations to improve go-to-market strategies
- Analysis of the deployment of smart cards as an enabler of enterprise security, focusing on the convergence of logical and physical access
Report Highlights
The boom days of the smart card industry are over and steady if unspectacular growth in smart card shipments is now set to be the norm. Global shipments and revenues for smart card vendors will increase but Datamonitor believes that these will be in single rather than double digits in the coming years.
The wireless industry will remain the most lucrative industry for smart card vendors, yet its overall importance will drop. It will account for 43% of smart card vendors’ total revenues by 2006, down from 49% in 2002, making vendors marginally less vulnerable to market fluctuations.
Of all the vertical markets analyzed in this report, Datamonitor believes that security/access will experience the strongest growth in revenues, rising to $137 million in 2006. These revenues relate solely to the cards themselves, hence there is a far larger market for integrators and solution providers.
Reasons to Purchase
- Quantification of smart card shipments and revenues by geography and vertical market will aid business and strategic planning
- Industry-specific strategic and tactical success factors will support vendors' sales initiatives
- Analysis of the barriers and challenges currently facing the smart card industry will enable vendors to improve their product positioning
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