Los Angeles, CA -- (SBWIRE) -- 02/09/2019 -- The Dual Interface IC Card is a type of smart card with an embedded contactless chip. The card number and user's identifying information are still contained on the face of the card, and an EMV chip (Europay, MasterCard, and Visa chip) may be used to provide added security in credit and debit card transactions. Having both a contactless chip and a magnetic strip (or chip-and-PIN) allows the cardholder to conduct transactions on a wider variety of machines.
The growth of the Dual Interface IC Card technologies market is also driven by factors, such as an increasing adoption of IC card in the financial Institutions, government and transportation industry. However, factors such as high investment, Card authentication, and technology are hindering the growth of this market.
There are a lot of manufacturers in this industry. The sales revenue share of Gemalto is about 22.36% in 2016, which is the No.1 of the global Dual Interface IC Card industry.
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At present, in developed countries, the Dual Interface IC Card industry is generally at a more advanced level. The world's largest enterprises are mainly concentrated in Europe. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. Dual Interface IC Card is a technology-intensive industry. Most of products are purchased through the bidding,which need high request to the provides,include the technology,cost,service and so on.With the development in production and technology, Chinese communications operators gradually shift to the domestic manufacturers. Many providers had a rapid growth through the bidding,like Wuhan Tianyu, Eastcompeace.which is the leader in the Dual Interface IC Card industry in China. It is important for European and North American manufactures to monitor the Asian Market closely and follow any new technologies they may develop or else they may find themselves not able to produce at the speed and with the quality needed.
China's Dual Interface IC Card industry is still in the development stage. China is a large population country, there are only few manufacturers which can produce the Dual Interface IC Card product.. With the People's Bank of China (PBOC) have announced all banking cards in China would migrate to Smart Cards, the demand for Smart Cards have a rapid development in recent two years. At present, there is still a wide gap in the market size, the capital, marketing, product development or technical studies between China domestic enterprises and foreign enterprises, especially in some high-end technology field.
In the coming years, Dual Interface IC Card market is expected to witness the highest growth rate in the Asia-Pacific region. Although Dual Interface IC Card brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
The global Dual Interface IC Card market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Dual Interface IC Card volume and value at global level, regional level and company level. From a global perspective, this report represents overall Dual Interface IC Card market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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Major Key Manufacturers of Dual Interface IC Card Market are:
Gemalto, Oberthur Technologies, Giesecke & Devrient, Goldpac, Eastcompeace, CPI Card Group, Hengbao, VALID, Wuhan Tianyu, Watchdata Systems Co. Ltd, Datang, Kona I
Dual Interface IC Card market includes market size, segmentation data and geographical analysis of market growth trends, leading companies and microeconomic information.
Major Classification as follows:
Standard-Type, Irregular-Type
Major Application as follows:
Finance, Government & Public Utilities, Transportation, Others
In terms of geography, this report is segmented into various regions, revenue (US$ Mn/Bn), sales (K Units), revenue share and growth rate of global Dual Interface IC Card market for these geographies from 2019 to 2025 (Forecast period)
Regions Covered in the Global Dual Interface IC Card Market:
North America (the United States, Canada and Mexico), South America (Brazil etc.), Europe (Germany, France, Russia UK, Italy, Turkey, etc.), Asia-Pacific (China, India, Malaysia, Japan, Philippines, Korea, Thailand, Vietnam, Indonesia, and Australia), The Middle East and Africa (GCC Countries and Egypt)
The report provides an in-depth analysis of the following –
Detailed Overview of Global Dual Interface IC Card market helps deliver clients and businesses making strategies.
- It covers Dual Interface IC Card industry outlines, upstream and downstream Dual Interface IC Card market segments, cost analysis, and market utilizing power, market overview, product scope, product definition of Dual Interface IC Card market driving forces.
- To provide detailed analysis, Market size and drivers from 2019 to 2025 including various segments and sub-segments of the Global Dual Interface IC Card Market
- Analysis of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand
- The analysis of the competitive landscape of the global Dual Interface IC Card market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis
- To provide Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders and Market Effect Factors Analysis of Dual Interface IC Card market
- The Dual Interface IC Card market report covers Volume, Revenue and Price Forecast 2019 to 2025
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Following are the years considered to forecast market size of the global Dual Interface IC Card market:
Base Years- 2018
History year- 2014-2018
Projected Year- 2019-2025
In conclusion, the report makes some important proposals for a new project of Dual Interface IC Card Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2018-2025 global Dual Interface IC Card Market covering all important parameters.
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