How big is the Smart Card Market?

The Smart Card Market size is expected to reach USD 18.69 billion in 2024 and grow at a CAGR of 8.59% to reach USD 28.22 billion by 2029. Read More

What is the current Smart Card Market size?

In 2024, the Smart Card Market size is expected to reach USD 18.69 billion. Read More

Who are the key players in Smart Card Market?

CardLogix Corporation, Watchdata Technologies, Bundesdruckerei GmbH, IntelCav and Secura Key are the major companies operating in the Smart Card Market. Read More

Which is the fastest growing region in Smart Card Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Smart Card Market?

In 2024, the North America accounts for the largest market share in Smart Card Market. Read More

What years does this Smart Card Market cover, and what was the market size in 2023?

In 2023, the Smart Card Market size was estimated at USD 17.08 billion. The report covers the Smart Card Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Smart Card Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Smart Card Market - Share, Size & Forecast

Smart Card Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Smart Card Market Analysis & Research. The Market is Segmented by Type (contact-Based and Contactless), End-User Vertical (BFSI, IT & Telecommunication, Government, Transportation), and Geography (North America [United States, Canada], Europe [United Kingdom, Germany, France, Rest of Europe], Asia Pacific [China, Japan, India, Rest of Asia Pacifi]), and Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

Smart Card Industry Overview

The Smart Card market is fragmented because of the presence of several global companies. Some key players are HID Global Corporation, CardLogix Corporation, Thales Group, etc. Key players in this market are introducing new innovative products and forming partnerships and collaborations to gain competitive advantages.

July 2023- IDEX Biometrics announced a global collaboration with Goldpac Fintech Hong Kong Limited, a Goldpac Group company, to deploy biometric smart cards based on IDEX Biometrics' complete fingerprint solution for payments and identity access.
January 2023: To enhance the convenience of passengers, the Delhi Metro has collaborated with Airtel Payments Bank, offering an additional smart card top-up facility. Customers' Internet banking details will be securely stored within the app, ensuring the utmost safety for all transactions. Taking advantage of this feature for recharging purposes will be both swift and effortless, providing a seamless experience for commuters.