Albany, NY -- (SBWIRE) -- 09/15/2016 -- EMV is a standard for payment cards, payment terminals, and automated teller machines (ATMs). The EMV standard was developed to deliver a safe and secure payment transaction between chip-based payment cards and terminals. A dynamic code is generated for every transaction when an EMV card is inserted into an EMV point-of-sale (POS) terminal. This is the prime benefit of EMV cards as it becomes almost impossible for fraudsters to decode customer information.

Technavios analysts forecast the global EMV cards market to grow at a CAGR of 16.9% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global EMV cards market for 2016-2020. To calculate the market size, the report considers the total shipment of EMV cards (both contact-based and contactless).

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The market is divided into the following segments based on geography:
Americas
APAC
EMEA

New report, Global EMV Cards Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
ABnote
CPI Card
Gemalto
Giesecke & Devrient
Morpho
Oberthur Technologies
Perfect Plastic Printing

Market driver
Rising regulatory intervention in secure payments
For a full, detailed list, view our report

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Market challenge
Delay in issuing EMV cards and emergence of other payment systems
For a full, detailed list, view our report

Market trend
Rise in need for improved security standards
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 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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