Global Contactless Smart Cards Market to Reach $96.6 Billion by 2030
The global market for Contactless Smart Cards estimated at US$26.6 Billion in the year 2022, is projected to reach a revised size of US$96.6 Billion by 2030, growing at a CAGR of 17.5% over the analysis period 2022-2030. CPU / MPU Cards, one of the segments analyzed in the report, is projected to record 18.3% CAGR and reach US$63.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Proximity Card segment is readjusted to a revised 16.1% CAGR for the next 8-year period.The U.S. Market is Estimated at $7.9 Billion, While China is Forecast to Grow at 16.5% CAGR
The Contactless Smart Cards market in the U.S. is estimated at US$7.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$16.2 Billion by the year 2030 trailing a CAGR of 16.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.1% and 14.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.5% CAGR.Select Competitors (Total 58 Featured) -
- Advanced Card Systems Ltd.
- CardLogix Corporation
- Entrust Datacard Corporation
- Gemalto NV
- Giesecke & Devrient GmbH
- Paragon Group Limited
- Watchdata Technologies
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Advanced Card Systems Ltd.
- CardLogix Corporation
- Entrust Datacard Corporation
- Gemalto NV
- Giesecke & Devrient GmbH
- Paragon Group Limited
- Watchdata Technologies
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 193 |
Published | May 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 18.4 Billion |
Forecasted Market Value ( USD | $ 57.7 Billion |
Compound Annual Growth Rate | 17.7% |
Regions Covered | Global |