Market Share of Middle East Smart Card Industry
The Middle East Smart Card market is moderately competitive. The players in the market tend to invest in innovating new product offerings to cater to the industry's changing demands. Moreover, players adopt strategic activities like partnerships, mergers, and acquisitions to expand their presence. Some of the recent developments in the market are:
- April 2022 - IDEX Biometrics ASA has announced a partnership with E-Kart, a player in smart card technology and innovation, to commercialize biometric payment solutions in Eastern Europe. E-Kart is a joint venture between EczacbaşHolding and global card manufacturer Gisecke&Devrient(G+D). E-Kart, a high-tech card manufacturing center in Turkey, can produce 60 million smart cards annually and serves customers across the region.
- June 2021 - The Federal Authority for Identity and Citizenship (ICA), Dubai, launched a new e-version of Emirates ID. The new advanced version of the ID will be made available on the ICA UAE Smart app. The new ID card has a QR code, which enables its reading for official purposes at government departments. ICA advised all residents to use the e-version for all government services till their physical cards are printed. The e-version of the card is as valid as the physical one.
Middle-East Smart Card Market Leaders
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Thales Group
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Atos Se
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IDEMIA (Advent International)
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Infineon Technologies AG
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HID Global Corporation
*Disclaimer: Major Players sorted in no particular order
