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Smart Card IC Market Report by Type (Microcontroller, Memory), Interface (Contact, Contactless, Dual Interface), Architecture Type (16-Bit, 32-Bit, and Others), Application (USIM/eSIMs, ID Cards, Financial Cards, IoT Devices), End Use Industry (E-Government, Telecommunication, Transportation, Payment and Banking, and Others), and Region 2024-2032
Market Report I 2024-04-08 I 135 Pages I IMARC Group
The global smart card IC market size reached US$ 3.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.71% during 2024-2032. The increasing number of debit and credit card users, rising usage in small and medium-scale enterprises (SMEs), and the growing employment of IoT devices represent some of the key factors driving the market.
A smart card integrated circuit (IC), also known as a chip card, is embedded in a plastic card and serves as a service token for storing and transacting data between users. It is associated with value and information and stored and processed within memory and microprocessor card chip. It is commonly available in microcontroller and memory variants. Among these, the microcontroller smart card IC comprises a central processing unit (CPU), crystal oscillator, timers, watchdog, and analog input and output. It helps reduce the complexity, costs, size of circuits, and discrete components in embedded systems. On the other hand, the memory smart card IC is dependent on the card reader for their processing and suitable for uses wherein the card performs a fixed operation.
Smart Card IC Market Trends:
The increasing adoption of cashless transactions on account of rapid digitization, rising sales of smartphones and high-speed internet connectivity represents one of the key factors driving the demand for smart card IC around the world. Moreover, there is an increase in the number of debit and credit card users as they provide secured transactions and security. This, coupled with cashbacks and discount vouchers offered by banks of numerous countries to small and medium-sized merchants for encouraging digital transactions. In addition, the rising number of e-commerce websites and increasing preferences for online shopping is driving the adoption of smart card IC worldwide. Apart from this, the growing adoption of smart employee identification (ID) cards in small and medium-scale enterprises (SMEs) for securing access to physical facilities and computer systems and networks is influencing the market positively. Furthermore, the increasing use of contactless smart card IC for public transportation is contributing to the market growth. Besides this, the rising use of smart card IC in the healthcare industry to manage patient identity, provide practitioners and pharmacists secure access to their medical records and reduce fraud is strengthening the growth of the market. Additionally, the increasing use of smart card IC in eSIM or SIM for various internet of things (IoT) devices to authenticate user identity and store data is creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global smart card IC market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, interface, architecture type, application, and end use industry.
Type Insights:
Microcontroller
Memory
The report has provided a detailed breakup and analysis of the smart card IC market based on the type. This includes microcontroller and memory. According to the report, microcontroller represented the largest segment.
Interface Insights:
Contact
Contactless
Dual Interface
A detailed breakup and analysis of the smart card IC market based on the interface has also been provided in the report. This includes contact, contactless, and dual interface. According to the report, contactless accounted for the largest market share.
Architecture Type Insights:
16-Bit
32-Bit
Others
A detailed breakup and analysis of the smart card IC market based on the architecture type has also been provided in the report. This includes 16-bit, 32-bit, and others. According to the report, 16-bit accounted for the largest market share.
Application Insights:
USIM/eSIMs
ID Cards
Employee ID
Citizen ID
E-Passport
Driving License
Financial Cards
Credit Cards
Debit Cards
IoT Devices
A detailed breakup and analysis of the smart card IC market based on the application has also been provided in the report. This includes USIM/eSIMs, ID cards (employee ID, citizen ID, e-passport and driving license), financial cards (credit cards and debit cards), and IoT devices. According to the report, USIM/eSIMs accounted for the largest market share.
End Use Industry Insights:
E-Government
Telecommunication
Transportation
Payment and Banking
Others
A detailed breakup and analysis of the smart card IC market based on the end use industry has also been provided in the report. This includes e-government, telecommunication, transportation, payment and banking, and others. According to the report, telecommunication accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. According to the report, Asia Pacific was the largest market for smart card IC. Some of the factors driving the Asia Pacific smart card IC market included rapid digitization, emerging business models, and the integration of advanced technologies.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global smart card IC market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Analog Devices Inc, CardLogix Corporation, CEC Huada Electronic Design Co. Ltd., Eastcompeace Technology Co. Ltd., Imatric LLC, On Semiconductor Corporation, Shanghai Fudan Microelectronics Group Co. Ltd., SONY Group Corporation, STMicroelectronics N.V., Texas Instruments Incorporated, Toshiba Corporation, Watchdata Technologies Pte Ltd., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
How has the global smart card IC market performed so far and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global smart card IC market?
What are the key regional markets?
Which countries represent the most attractive smart card IC markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the interface?
What is the breakup of the market based on the architecture type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end use industry?
What is the competitive structure of the global smart card IC market?
Who are the key players/companies in the global smart card IC market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Smart Card IC Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Microcontroller
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Memory
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Interface
7.1 Contact
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Contactless
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Dual Interface
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Architecture Type
8.1 16-Bit
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 32-Bit
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Application
9.1 USIM/eSIMs
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 ID Cards
9.2.1 Market Trends
9.2.2 Key Segments
9.2.2.1 Employee ID
9.2.2.2 Citizen ID
9.2.2.3 E-Passport
9.2.2.4 Driving License
9.2.3 Market Forecast
9.3 Financial Cards
9.3.1 Market Trends
9.3.2 Key Segments
9.3.2.1 Credit Cards
9.3.2.2 Debit Cards
9.3.3 Market Forecast
9.4 IoT Devices
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by End Use Industry
10.1 E-Government
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Telecommunication
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Transportation
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Payment and Banking
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Others
10.5.1 Market Trends
10.5.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 Drivers, Restraints, and Opportunities
12.1 Overview
12.2 Drivers
12.3 Restraints
12.4 Opportunities
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Analog Devices Inc
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 CardLogix Corporation
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.3 CEC Huada Electronic Design Co. Ltd.
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 Eastcompeace Technology Co. Ltd.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.5 Imatric LLC
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.6 On Semiconductor Corporation
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 Shanghai Fudan Microelectronics Group Co. Ltd.
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.8 SONY Group Corporation
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 STMicroelectronics N.V.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.10 Texas Instruments Incorporated
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.10.4 SWOT Analysis
16.3.11 Toshiba Corporation
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.11.4 SWOT Analysis
16.3.12 Watchdata Technologies Pte Ltd.
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report
Figure 1: Global: Smart Card IC Market: Major Drivers and Challenges
Figure 2: Global: Smart Card IC Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Smart Card IC Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Smart Card IC Market: Breakup by Type (in %), 2023
Figure 5: Global: Smart Card IC Market: Breakup by Interface (in %), 2023
Figure 6: Global: Smart Card IC Market: Breakup by Architecture Type (in %), 2023
Figure 7: Global: Smart Card IC Market: Breakup by Application (in %), 2023
Figure 8: Global: Smart Card IC Market: Breakup by End Use Industry (in %), 2023
Figure 9: Global: Smart Card IC Market: Breakup by Region (in %), 2023
Figure 10: Global: Smart Card IC (Microcontroller) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Smart Card IC (Microcontroller) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Smart Card IC (Memory) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Smart Card IC (Memory) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Smart Card IC (Contact) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Smart Card IC (Contact) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Smart Card IC (Contactless) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Smart Card IC (Contactless) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Smart Card IC (Dual Interface) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Smart Card IC (Dual Interface) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Smart Card IC (16-Bit) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Smart Card IC (16-Bit) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Smart Card IC (32-Bit) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Smart Card IC (32-Bit) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Smart Card IC (Other Architecture Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Smart Card IC (Other Architecture Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Smart Card IC (USIM/eSIMs) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Smart Card IC (USIM/eSIMs) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Smart Card IC (ID Cards) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Smart Card IC (ID Cards) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Smart Card IC (Financial Cards) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Smart Card IC (Financial Cards) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Smart Card IC (IoT Devices) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Smart Card IC (IoT Devices) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Smart Card IC (E-Government) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Smart Card IC (E-Government) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: Smart Card IC (Telecommunication) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: Smart Card IC (Telecommunication) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: Smart Card IC (Transportation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: Smart Card IC (Transportation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Global: Smart Card IC (Payment and Banking) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Global: Smart Card IC (Payment and Banking) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Global: Smart Card IC (Other End Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Global: Smart Card IC (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: North America: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: North America: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: United States: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: United States: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Canada: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Canada: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Asia-Pacific: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Asia-Pacific: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: China: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: China: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Japan: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Japan: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: India: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: India: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: South Korea: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: South Korea: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Australia: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Australia: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Indonesia: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Indonesia: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Others: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Others: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Europe: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Europe: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Germany: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Germany: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: France: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: France: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: United Kingdom: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: United Kingdom: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Italy: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Italy: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Spain: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Spain: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Russia: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Russia: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Others: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Others: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Latin America: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Latin America: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Brazil: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 85: Brazil: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 86: Mexico: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 87: Mexico: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Others: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 89: Others: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 90: Middle East and Africa: Smart Card IC Market: Sales Value (in Million US$), 2018 & 2023
Figure 91: Middle East and Africa: Smart Card IC Market: Breakup by Country (in %), 2023
Figure 92: Middle East and Africa: Smart Card IC Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 93: Global: Smart Card IC Industry: Drivers, Restraints, and Opportunities
Figure 94: Global: Smart Card IC Industry: Value Chain Analysis
Figure 95: Global: Smart Card IC Industry: Porter's Five Forces Analysis
Table 1: Global: Smart Card IC Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Smart Card IC Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Smart Card IC Market Forecast: Breakup by Interface (in Million US$), 2024-2032
Table 4: Global: Smart Card IC Market Forecast: Breakup by Architecture Type (in Million US$), 2024-2032
Table 5: Global: Smart Card IC Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 6: Global: Smart Card IC Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
Table 7: Global: Smart Card IC Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 8: Global: Smart Card IC Market: Competitive Structure
Table 9: Global: Smart Card IC Market: Key Players
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We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
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- Website security