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Global Smart Card Market (2023-2028) by Type, Product, Functionality Type, Component, Applications, Vertical, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis

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  • 195 Pages
  • January 2023
  • Region: Global
  • Infogence Global Research
  • ID: 5503398

Smart cards are becoming all-in-one cards for several uses such as contactless payment cards, employee IDs, medical records, etc

The Global Smart Card Market is estimated to be USD 16.75 Bn in 2023 and is expected to reach USD 20.94 Bn by 2028, growing at a CAGR of 4.57%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The Global Smart Card Market is segmented based on Type, Product, Functionality Type, Component, Applications, Vertical, and Geography.
  • By Type, the market is classified into Memory and MPU Microprocessor.
  • By Product, the market is classified into Contact-Based Smart Cards, Contactless Smart Cards, Dual-Interface Smart Cards, and Hybrid Smart Cards.
  • By Functionality Type, the market is classified into Transaction, Communication, and Security & Access Control.
  • By Component, the market is classified into Hardware, Software, and Services.
  • By Applications, the market is classified into Billing & Payment, Patient History, Personal Identity, and Security.
  • By Vertical, the market is classified into BFSI, Telecommunications, Government & Healthcare, Education, Retail, and Transportation.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are American Express Company, Atos SE, Infineon Technologies Ag, NXP Semiconductors N.V., STMicroelectronics N.V., Thales Group, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Smart Card Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Smart Card Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Smart Card Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Shea Butter Market

What is the estimated value of the Global Shea Butter Market?

The Global Shea Butter Market was estimated to be valued at $1.62 Billion in 2023.

What is the growth rate of the Global Shea Butter Market?

The growth rate of the Global Shea Butter Market is 5.0%, with an estimated value of $2.07 Billion by 2028.

What is the forecasted size of the Global Shea Butter Market?

The Global Shea Butter Market is estimated to be worth $2.07 Billion by 2028.

Who are the key companies in the Global Shea Butter Market?

Key companies in the Global Shea Butter Market include ABCorp, American Express Co., Atos SE, BC Card, BrilliantTS, CardLogix Corp., CPI Card Group, Eastcompeace Smart Card Co., Ltd., Giesecke + Devrient GmbH and HID Global Corp..

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders

2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study

3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook

4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Digitalization of Healthcare Systems Globally
4.1.2 Rising Concerns Related to the Security and Privacy of Patient Information
4.1.3 Growing Demand for Better Patient Data Management Systems
4.2 Restraints
4.2.1 High Infrastructure Costs
4.3 Opportunities
4.3.1 Increasing Government Initiatives for the Implementation of Smart Cards
4.3.2 Technological Advancement in Healthcare Infrastructure
4.4 Challenges
4.4.1 Security and Data Theft Concerns

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis

6 Global Smart Card Market, By Type
6.1 Introduction
6.2 Memory
6.3 MPU Microprocessor

7 Global Smart Card Market, By Product
7.1 Introduction
7.2 Contact-Based Smart Cards
7.3 Contactless Smart Cards
7.4 Dual-Interface Smart Cards
7.5 Hybrid Smart Cards

8 Global Smart Card Market, By Functionality Type
8.1 Introduction
8.2 Transaction
8.3 Communication
8.4 Security & Access Control

9 Global Smart Card Market, By Component
9.1 Introduction
9.2 Hardware
9.3 Software
9.4 Services

10 Global Smart Card Market, By Applications
10.1 Introduction
10.2 Billing & Payment
10.3 Patient History
10.4 Personal Identity
10.5 Security

11 Global Smart Card Market, By Vertical
11.1 Introduction
11.2 BFSI
11.3 Telecommunications
11.4 Government and Healthcare
11.5 Education
11.6 Retail
11.7 Transportation

12 Americas' Smart Card Market
12.1 Introduction
12.2 Argentina
12.3 Brazil
12.4 Canada
12.5 Chile
12.6 Colombia
12.7 Mexico
12.8 Peru
12.9 United States
12.10 Rest of Americas

13 Europe's Smart Card Market
13.1 Introduction
13.2 Austria
13.3 Belgium
13.4 Denmark
13.5 Finland
13.6 France
13.7 Germany
13.8 Italy
13.9 Netherlands
13.10 Norway
13.11 Poland
13.12 Russia
13.13 Spain
13.14 Sweden
13.15 Switzerland
13.16 United Kingdom
13.17 Rest of Europe

14 Middle East and Africa's Smart Card Market
14.1 Introduction
14.2 Egypt
14.3 Israel
14.4 Qatar
14.5 Saudi Arabia
14.6 South Africa
14.7 United Arab Emirates
14.8 Rest of MEA

15 APAC's Smart Card Market
15.1 Introduction
15.2 Australia
15.3 Bangladesh
15.4 China
15.5 India
15.6 Indonesia
15.7 Japan
15.8 Malaysia
15.9 Philippines
15.10 Singapore
15.11 South Korea
15.12 Sri Lanka
15.13 Thailand
15.14 Taiwan
15.15 Rest of Asia-Pacific

16 Competitive Landscape
16.1 Competitive Quadrant
16.2 Market Share Analysis
16.3 Strategic Initiatives
16.3.1 M&A and Investments
16.3.2 Partnerships and Collaborations
16.3.3 Product Developments and Improvements

17 Company Profiles
17.1 ABCorp
17.2 American Express Co.
17.3 Atos SE
17.4 BC Card
17.5 BrilliantTS
17.6 CardLogix Corp.
17.7 CPI Card Group
17.8 Eastcompeace Smart Card Co., Ltd.
17.9 Giesecke + Devrient GmbH
17.10 HID Global Corp.
17.11 IDEMIA Group
17.12 Identiv, Inc.
17.13 Infineon Technologies Ag
17.14 Inteligensa Group
17.15 KONA I Co., Ltd.
17.16 Newland Payment Technology
17.17 NXP Semiconductors N.V.
17.18 Rambus, Inc.
17.19 Samsung Electronics Co., Ltd.
17.20 Sony Corp.
17.21 STMicroelectronics N.V.
17.22 Texas Instruments, Inc.
17.23 Thales Group
17.24 Verimatrix
17.25 Watchdata Group

18 Appendix
18.1 Questionnaire

Companies Mentioned

  • ABCorp
  • American Express Co.
  • Atos SE
  • BC Card
  • BrilliantTS
  • CardLogix Corp.
  • CPI Card Group
  • Eastcompeace Smart Card Co., Ltd.
  • Giesecke + Devrient GmbH
  • HID Global Corp.
  • IDEMIA Group
  • Identiv, Inc.
  • Infineon Technologies Ag
  • Inteligensa Group
  • KONA I Co., Ltd.
  • Newland Payment Technology
  • NXP Semiconductors N.V.
  • Rambus, Inc.
  • Samsung Electronics Co., Ltd.
  • Sony Corp.
  • STMicroelectronics N.V.
  • Texas Instruments, Inc.
  • Thales Group
  • Verimatrix
  • Watchdata Group