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The Hybrid Smart Card market is a subset of the Bank Card market, which includes debit cards, credit cards, prepaid cards, and other payment cards. Hybrid Smart Cards are a combination of traditional plastic cards and contactless cards, which are embedded with a chip that stores data and can be used for contactless payments. These cards are designed to provide users with a secure and convenient payment experience.
Hybrid Smart Cards are becoming increasingly popular due to their enhanced security features, such as two-factor authentication, biometric authentication, and encryption. They are also more cost-effective than traditional cards, as they require fewer components and are easier to produce.
Some of the major players in the Hybrid Smart Card market include Gemalto, Giesecke & Devrient, Oberthur Technologies, Morpho, and NXP Semiconductors. These companies offer a range of products and services, including card production, personalization, and software development. Show Less Read more