Houston, TX -- (SBWIRE) -- 06/23/2018 -- Smart Cards predicted to reach USD 15.4 billion by 2025, according to a new study by Grand View Research, Inc. The increasing demand for the product, across various applications, such as payment transactions, cell phones, ID verification & access controls, is presumed to favor the market growth over the forecast period. Smart cards are used in several applications including the retail, healthcare, government, and hospitality sectors, promoting the market demand over the forecast period by providing effective data storage, efficient payment transactions, and faster processing time.

Keyword: American Express Company, Atos SE, CPI Card Group, Gemalto, Giesecke & Devrient (G&D), Infineon Technologies AG, INSIDE Secure SA, NXP Semiconductor, Texas Instruments.

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The Global Smart Cards Market is driven by globalization, the presence of virtual organizations, time-proportional economy, and improved customer awareness. Some of the other factors boosting the market include better infrastructural support and strategic concerns to gain enhanced flexibility. The report not only discusses growth drivers but also the growth impeders. The impact analysis of both driving and restraining factors is also done and presented in the study. Analysts have also carried out analyses of new product plans and studied the research and development statuses. Furthermore, it also explains the nature of investments in the regional markets and their impact on the overall market in the coming years.

Access to the Internet has become convenient and usage has increased substantially due to rising demand for online banking and shopping experience, and access to e-Government services. Due escalating adoption of e-commerce services, online payments have witnessed exponential growth globally. According to Deloitte, the market for mobile payments is expected to reach US$ 617 Bn in terms of transaction value by 2016. Growth is anticipated to be mainly driven by increasing adoption of NFC77 technology in the U.S. and the global consumer market.

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For technical data and manufacturing plants analysis, the report analyzes the global Smart Cards market leading suppliers on capacity, commercial production date, manufacturing plants distribution, R&D status, technology sources, and raw materials sources. The important aspects like development trends, capacity production overview, production market share analysis, demand overview and supply demand is been included in the research report. Each market segment is then evaluated considering its contribution in terms of volume produced (in kilo tons) and the revenue it generates (in US$). The past price and future price of this year to -2025 are analyzed according to the supply-demand relation, as well as perspectives and forecasts.

One of the concluding portions of the report has provided a broad evaluation of some of the vital geographies deemed crucial for the growth of the global Smart Cards market, viz. North America, Europe, Asia-Pacific (APAC), Middle East & Africa and Latin America. All of these geographical markets have been prudently examined with regard to critical factors such as import, export, consumption, revenue, and production for the forecast period this year to–2025.

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The opening portion of the publication includes a comprehensive overview of the global Smart Cards market, which also sheds light on the scope of the product. The analysts have categorized the market into different segments on the basis of three types of classification, viz. type, application, and region. After a careful analysis of the market as per these categories, the analysts have revealed the market and production shares of several segments for the review period. However, the production market share of type and consumption market share of application segments have been unveiled specifically for the year 2015.

The report also provides information on the diverse factors impacting the sales of Smart Cards These includes the trends, drivers, and restraints. The significant growth opportunities in the market are also studied and the ways these opportunities will raise the market growth have also been encapsulated.
Table of Contents

Global Smart Cards Market Research Report
Chapter 1 Smart Cards Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Market Forecast