Smart Cards Market-by Type, Application and by Region - Global Forecast 2024Posted by Rohit kadam on November 29th, 2017 Introduction: Download Table of Content: https://www.acumenresearchandconsulting.com/tentative-table-of-content/304 The Latin American market commands the second-lowest share in volume and revenue presently. However, as per the Smart Card Alliance Organization, the Latin American market presently commands market penetration of over 70% by smart card solutions and services. Most implementations of smart cards are done in Latin American countries, namely Mexico, Brazil, and Argentina. These countries therefore demonstrate very high potential in the growth and usage of smart card solutions, making this region highly lucrative for global company players, especially in smart-cards that are contact-based. Regional Overview: In Asia-Pacific, countries such as South Korea, Hong Kong, Australia, and Japan are the high-end locations for regional and global smart card solutions providers. Also, countries such as China and India, although presently in a burgeoning stage of smart card implementation, are demonstrating huge potential for market penetration owing to the vast economic growth and high population density. The present applications of smart cards in Asia-Pacific are targeted at the sectors of loyalty, retail, and finance. It is estimated that by the end of forecast period, the smart cards services will penetrate government transactions, low-end applications, and transportation application. Both, the dual-interface and contactless smart cards, are estimated to preside over as the mainstay in every smart card utilities in the future year. The contactless smart cards command a high rate of usage in major portions of the financial services sector. These smart cards make use of microcontrollers owing to the bigger reliability and security level that these components can provide. While numerous finance organizations and countries initiates the fast rate of adoption of smart cards, the premium qualities provided by contactless cards and dual-interface cards are being touted by major financial bodies, further propelling the growth in implementation of microcontroller-based smart cards. Market Participants: Market Segmentation Market by Type Contact smart cards Contactless smart cards Dual interface smart cards Hybrid smart cards Market by Application Healthcare Retail Telecommunication Government IDs Financial services Pay TV Transportation Market by Geography North America o US o Canada o Mexico Europe o UK o Germany o France o Rest of Europe Asia-Pacific o China o Japan o India o Philippines o Rest of Asia-Pacific Latin America o Brazil o Chile o Rest of Latin America Middle East and Africa (MEA) o South Africa o Saudi Arabia o Rest of MEA Buy Now This Report From Here: https://www.acumenresearchandconsulting.com/buy-now/0/304 About Us Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise. Contact - Frank Wilson Sales Manager | Acumen Research and Consulting Email: frank@acumenresearchandconsulting.com Ph - USA +1 716-2400-831 Asia-Pacific +912065600384
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