Thursday, 11 December 2014

Global Smart Card Market to see 6.62%CAGR Globally by 2018, says a Research Report available at Research Beam

Global Smart Card Market Size, Analysis, Share, Research, Growth, Trends, Report, Opportunities and Forecast 2014-2018

Research Beam adds a report titled “Global Smart Card Market 2014-2018.” As per the report, the global smart card market is expected to register a CAGR of 6.62% during the forecast period i.e. 2013-2018.

Complete report is available at :

Smart cards are embedded with integrated circuits and are also called IC cards. Smart cards are usually small pocket size cards. Smart cards encompasses a central processing unit along with various sorts of memory units. The purpose of smart card is to store, manage and maintain records for the end-users. The small size and portable feature makes the smart card applicable for a wide variety of applications.

The report on global smart card market consists of in-depth analysis of the varied market dynamics such as types, technologies, market trends, geographies, competitive structure, drivers & restraints and market forecast.

The report explains the application and market size for the different types of smart cards such as hybrid, dual interface, contact based and contactless smart cards. The global market for smart cards is driven by the increasing use in the BFSI sector. Also, the market is expected to witness a significant growth rate of the contactless ID cards, which would add to the market size for the overall smart card market. However, the high cost of the smart cards is the major challenge for the overall market.

The report is a valuable source of information for the market investors and concerned businesses to understand and gain deeper insights on the competitive structure and growth prospects of the smart card market in various geographical regions across the globe.

Prominent companies profiled in the report are Muhlbauer, Morpho, CardLogix, IRIS, Gemalto, Eastcompeace Technology, Oberthur Technologies and Giesecke and Devrient.

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Key Questions Answered in this Report:
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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