Ideas That Generate Results
Strengthening Privacy Protection Standards Worldwide - Smart Card Applications Market
The smart card is a technological boon that is used for the purpose of authentication and making payments. This report by RNCOS presents an overall view of the global smart card market and provides an in-depth analysis of the market trends and growth.
The smart card market is still in infancy but is growing across the globe. The security and the convenience associated with its use are driving the smart cards growth in the world.
The EMEA region has emerged as the biggest market for the smart cards while USA market is growing at a phenomenal rate. Presently, Europe accounts for around 65% of the demand for smart cards, but by the end of this decade Europe, Asia, and the United States are expected to equally share one third of the total demand.
The Latin American and the Asia pacific smart card markets have potential to grow above the current rate but the high initial cost is refraining the customers to switch from old legacy systems to smart card based systems. Therefore, smooth integration with the existing systems is going to be the key for the success in the nascent smart card markets. Of the various countries across the world, South Africa is seen as a high opportunity region. The market is keenly support by government investments and promises to show robust growth in the near future. The rapid technological developments in the smart cards are going to further strengthen its market. The envisioned multiple uses of a single smart card will enhance its value thus further boosting it sales.
- Overview of the global smart cards market
- Analysis of the market trends and developments for smart card
- Categories and types of cards
- Regional breakdown of financial smart cards till 2007
- Scope and opportunities of smart card application within E-Commerce sectors
The report "Strengthening Privacy Protection Standards Worldwide - Smart Card Applications Market" gives an in-depth coverage of strengthening of privacy protection standards in smart card applications market worldwide. Chapter 2 provides with overview to the cards market and applications. Chapter 3 provides introduction of smart cards including categories of smart cards, types of chip cards, etc. Chapter 4 covers card market commercialization and industry regulation. Chapter 5 provides worldwide smart card market by industry and regional breakdown of financial smart cards whereas Chapter 6 provides global smart card market shipments and value. Finally, Chapter 7, 8 & 9 assesses key drivers in smart card market, its scope and opportunities and throws light on current issues and market trend indicators respectively.