Market Share of Smart Card Industry
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.
Smart Card Market Leaders
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CardLogix Corporation
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Watchdata Technologies
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Bundesdruckerei GmbH
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IntelCav
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Secura Key
*Disclaimer: Major Players sorted in no particular order
