EMV Smart Cards Market was valued at USD 15.2 Billion in 2022 and is projected to reach USD 29.4 Billion by 2030, growing at a CAGR of 8.9% from 2024 to 2030.
The global EMV smart cards market was valued at approximately USD 13.7 billion in 2022. The market is expected to grow at a robust compound annual growth rate (CAGR) of 8.5% from 2023 to 2028. This growth is driven by the increasing adoption of contactless payment technologies, heightened security demands, and the rising need for advanced authentication solutions in various sectors such as banking, government, and healthcare. EMV smart cards are becoming essential in combating fraud and ensuring secure transactions, leading to a surge in their deployment across the globe. Opportunities in the EMV smart cards market are substantial due to the growing emphasis on secure financial transactions and regulatory mandates for enhanced security standards. Emerging markets, particularly in regions such as Asia-Pacific and Latin America, are expected to witness significant growth owing to the expanding financial inclusion and increasing investment in digital infrastructure. Furthermore, technological advancements and innovations in smart card functionalities, including biometric integration and enhanced encryption, are likely to drive market expansion and present new avenues for growth.
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Gemalto
IDEMIA
Giesecke & Devrient
Perfect Plastic Printing
ABCorp
CPI Card
Tianyu
Goldpac
Hengbao
Watchdata Technologies
Valid
Kona I
Eastcompeace
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global EMV Smart Cards Market
Fuel Card
Retail Store Card
Meal Voucher Card
Others
Based on Types the Market is categorized into Below types that held the largest EMV Smart Cards market share In 2023.
Contact Form
Contactless Form
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global EMV Smart Cards Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global EMV Smart Cards Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global EMV Smart Cards Market, By Type
6. Global EMV Smart Cards Market, By Application
7. Global EMV Smart Cards Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global EMV Smart Cards Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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