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Global Contactless Smart Card Market (2021-2026) by Application, End-User Industry, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

  • ID: 5515486
  • Report
  • November 2021
  • Region: Global
  • 184 Pages
  • Infogence Global Research
until Jan 31st 2022


  • Alioth LLC
  • Bartronics India Limited
  • CardLogix Corporation
  • Dz Card
  • Giesecke & Devrient GmbH
  • Paragon ID SA
The Global Contactless Smart Card Market is estimated to be USD 18.12 Bn in 2021 and is expected to reach USD 27.82 Bn by 2026, growing at a CAGR of 8.95%.

Market Dynamics

The Global Contactless Smart Card Market is the latest advancement in the technology world, leading to a fast rise in contactless interaction and transmission. The contactless smart card has many applications such as remote payments, data storage, personal identification, access in-game features, etc. In addition, these cards are PIN protected and difficult to decode, due to which they can be used for contactless payments. Increasing implementation in sectors such as BSFI, retail, transportation, hospitality, gaming, schools, security, and the government is further giving a rise in demand for contactless smart cards. The growing customer preference toward cashless payments and the rising adoption of digitalization is expected to create a massive demand for the Contactless Smart Card Market during the forecast period.

However, the high cost of production of contactless cards and the risk of a data breach are anticipated to hinder market growth.

Market Segmentation

The Global Contactless Smart Card Market is segmented further based on Application, End-User Industry, and Geography.

By Type, the market is classified into Transaction, Communication, and Security & Access Control. Amongst all, the Communication segment is estimated to hold the highest market share during the forecast period.

By End-User Industry, the market is classified as BFSI, retail, government, healthcare, IT and telecommunication, and other end-user industries. Amongst all, the IT and telecommunication segment is estimated to hold the highest market share during the forecast period.

By Geography, Asia Pacific is projected to lead the market.

Recent Developments

1. Union Bank and Hindustan Petroleum Corporation Limited (HPCL) launch contactless RuPay card. - 31st March 2021
2. Zemen Bank and Mastercard partner to launch Ethiopia’s first prepaid & contactless travel card . - 15th April 2021

Company Profiles

Some of the companies covered in this report are AB Corp Ltd, Alioth LLC, Bartronics India Limited. CPI Card Group, Data Card Ltd., 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.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Contactless 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 and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is 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 Proprietary 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
Note: Product cover images may vary from those shown


  • Alioth LLC
  • Bartronics India Limited
  • CardLogix Corporation
  • Dz Card
  • Giesecke & Devrient GmbH
  • Paragon ID SA
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 and Segmentation
3.3 Market Outlook

4 Market Influencers
4.1 Drivers
4.1.1 Growing Demand for Contactless Payments
4.1.2 Growing Deployment in Personal Identification and Access Control Application
4.2 Restraints
4.2.1 High Infrastructure Costs
4.2.2 The Emergence of Mobile Wallets and Other Alternatives
4.2.3 Lack Of Awareness
4.3 Opportunities
4.3.1 Growing Popularity of E-Commerce
4.4 Challenges
4.4.1 Safety and Security Concerns

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis

6 Global Contactless Smart Card Market, By Application
6.1 Introduction
6.2 Transaction
6.3 Communication
6.4 Security & Access Control

7 Global Contactless Smart Card Market, By End-User Industry
7.1 Introduction
7.2 BFSI
7.3 Retail
7.4 Government
7.5 Healthcare
7.6 IT and Telecommunication
7.7 Other End-user Industries
7.7.1 Education
7.7.2 Transportation
7.7.3 Entertainment

8 Global Contactless Smart Card Market, By Geography
8.1 Introduction
8.2 America
8.2.1 Argentina
8.2.2 Brazil
8.2.3 Canada
8.2.4 Chile
8.2.5 Colombia
8.2.6 Mexico
8.2.7 Peru
8.2.8 United States
8.2.9 Rest of Americas
8.3 Europe
8.3.1 Austria
8.3.2 Belgium
8.3.3 Denmark
8.3.4 Finland
8.3.5 France
8.3.6 Germany
8.3.7 Italy
8.3.8 Netherlands
8.3.9 Norway
8.3.10 Poland
8.3.11 Russia
8.3.12 Spain
8.3.13 Sweden
8.3.14 Switzerland
8.3.15 United Kingdom
8.3.16 Rest of Europe
8.4 Middle East and Africa
8.4.1 Egypt
8.4.2 Israel
8.4.3 Qatar
8.4.4 Saudi Arabia
8.4.5 South Africa
8.4.6 United Arab Emirates
8.4.7 Rest of MEA
8.5 Asia-Pacific
8.5.1 Australia
8.5.2 Bangladesh
8.5.3 China
8.5.4 India
8.5.5 Indonesia
8.5.6 Japan
8.5.7 Malaysia
8.5.8 Philippines
8.5.9 Singapore
8.5.10 South Korea
8.5.11 Sri Lanka
8.5.12 Thailand
8.5.13 Taiwan
8.5.14 Rest of Asia-Pacific

9 Competitive Landscape
9.1 Competitive Quadrant
9.2 Market Share Analysis
9.3 Strategic Initiatives
9.3.1 M&A and Investments
9.3.2 Partnerships and Collaborations
9.3.3 Product Developments and Improvements

10 Company Profiles
10.1 Alioth LLC
10.2 Atos SE
10.3 BC Card
10.4 HNA Group Advanced Card Systems Ltd
10.5 Bartronics India Limited
10.6 CPI Card Group
10.7 CardLogix Corporation
10.8 Dz Card
10.9 Eastcompeace Technology Co., Ltd
10.10 Entrust
10.11 Giesecke & Devrient GmbH
10.12 Assa Abloy HID Global Corporation
10.13 Advent International Idemia Group
10.14 Identiv, Inc.
10.15 Cypress Infineon Technologies AG
10.16 Paragon ID SA
10.17 Siepmann's Card System Pvt Ltd
10.18 Sony Corporation
10.19 Secura Key
10.20 SpringCard SAS
10.21 Square, Inc.
10.22 Thales Group
10.23 VeriFone, Inc.
10.24 Watchdata Technologies LLC

11 Appendix
11.1 Questionnaire
Note: Product cover images may vary from those shown
  • Alioth LLC
  • Atos SE
  • BC Card
  • HNA Group Advanced Card Systems Ltd
  • Bartronics India Limited
  • CPI Card Group
  • CardLogix Corporation
  • Dz Card
  • Eastcompeace Technology Co., Ltd
  • Entrust
  • Giesecke & Devrient GmbH
  • Assa Abloy HID Global Corporation
  • Advent International Idemia Group
  • Identiv, Inc.
  • Cypress Infineon Technologies AG
  • Paragon ID SA
  • Siepmann's Card System Pvt Ltd
  • Sony Corporation
  • Secura Key
  • SpringCard SAS
  • Square, Inc.
  • Thales Group
  • VeriFone, Inc.
  • Watchdata Technologies LLC
Note: Product cover images may vary from those shown