Near Field Communication Driving Contactless Smart Card Market

The global Smart Card market is expected to grow at a CAGR of more than 10.5% during 2014-2018, says RNCOS in its latest research report.


Noida, UP -- (SBWIRE) -- 12/02/2014 -- On the back of the growing applications across the various industries, Global smart card market is exhibiting a tremendous growth from the past few years. Among all, Smart card in NFC (Near Field Communication) based application is rising immensely. Manufacturers are now integrating their mobile devices with RFID (Radio frequency Identification) sensor to make the device NFC enabled.

With these developments, the global Smart Card market is expected to grow at a CAGR of more than 10.5% during 2014-2018, says RNCOS in its latest research report.

As per our report, "Smart Card Market Outlook 2018", Smart Card market is growing immensely from the past few years. Our report provides a critical analysis and an unbiased view into the state of the Smart Card market across the globe, including the current and future market size for various industry segments. The report details the Smart Card market for various application areas including telecommunication, financial services, government and transportation.

Further, the report also analyzes global Smart Card industry performance on geographical front. The research includes an in-depth country level analysis of 16 major Smart Card markets viz. US, Canada, UK, France, Germany, Russia, Japan, China, South Korea, India etc. This country specific section deals with the study of current market scenario and future market outlook of the above country's Smart Card markets.

In addition to this, the report also talks about different trends and driver, boosting industry growth along with the potential growth areas. Also, our study features into the competitive landscape covering business overview, key financials, product analysis and strategic initiatives of major Smart Card players worldwide. Overall, the report will facilitate clients in analyzing the driving forces and understand the existing opportunities in the industry.

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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.