Houston, TX -- (SBWIRE) -- 01/22/2019 -- Global Payment Smart Card market is expected to grow at a CAGR of +9% during the forecast period 2019-2025.
Recent trends in the banking sector are changing the current market and industries. Such a trend includes banking and payment smart card also. Banking and payment smart cards are pocket-sized plastic cards with an IC. Banking and payment smart cards find their application in the authentication, and identification. Credit cards, debit cards, and fuel cards are few forms of the banking and payment smart card market. Moreover, the increase in the customer usage of the high-security identification cards and access control cards provide a better opportunity for banking and payment smart card market.

The report on the global Payment Smart Card market is a meticulous piece of work and is assembled by leading both primary as well as secondary research. The data included in the report has been taken by consulting high-quality references, case studies, press releases, and by taking inputs from top industry leaders. The top segments in the market have been highlighted clearly in this report for the readers to understand in a précised manner. These segments have been presented by giving information on their current and predicted state by the end of the forecast period. The information presented would help the upcoming players to gauge the investment scope within the segments and sub-segments of the global Payment Smart Card market.

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Top key vendors:

Gemalto, Giesecke & Devrient, Morpho, Oberthur Technologies, American Express, ARM Holdings, Atmel, DataCard, Infineon Technologies, MasterCard, Visa

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The geographical segmentation of the Global Payment Smart Card Market entails the dominant regions in the market during the forecast period. Information on the region leading this market and the reasons for the dominance of this region are also some of the aspects highlighted under this section of the report. The performance of the Payment Smart Card market in U.S., Europe, China, Japan, India, and Southeast Asia has been provided to generate the growth rate of sales and revenue figures of the market in the aforementioned period. The market has been broken down into key verticals depicting the competitive landscape of each regional market. The competitive landscape section of the report presents the major vendors operating in the global Payment Smart Card market. These key vendors are analyzed based on attributes such as their product profile, product introductions, SWOT analysis, and contact information.

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Banking and payment smart card market can be segmented as follows:-

By the basis of type :

Contact cards
Contactless card

On the basis of application:

Financial Transactions
Physical Access Control
Communication
Government Programs
Information Security
Transportation
Retail and Loyalty
Others

On the basis of vertical :

Banking
Healthcare
Retail
Others

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