Product Code: MCP-6141
Global Contactless Smart Cards Market to Reach $34.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Contactless Smart Cards estimated at US$11.2 Billion in the year 2020, is projected to reach a revised size of US$34.9 Billion by 2027, growing at aCAGR of 17.6% over the period 2020-2027. Proximity Card, one of the segments analyzed in the report, is projected to record 16.8% CAGR and reach US$14.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the CPU/MPU Cards segment is readjusted to a revised 18.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.3 Billion, While China is Forecast to Grow at 17% CAGR
The Contactless Smart Cards market in the U.S. is estimated at US$3.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.1 Billion by the year 2027 trailing a CAGR of 17% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.6% and 15.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.1% CAGR.We bring years of research experience to this 18th edition of our report. The 124-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
- Advanced Card Systems Ltd.
- CardLogix Corporation
- Entrust Datacard Corporation
- Gemalto NV
- Giesecke & Devrient GmbH
- Paragon Group Limited
- Watchdata Technologies
TABLE OF CONTENTS
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Contactless Smart Cards Competitor Market Share Scenario Worldwide (in %): 2019 & 2028
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: Contactless Smart Cards Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 2: Contactless Smart Cards Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
- TABLE 3: Proximity Card (Type) World Market by Region/Country in US$ Million: 2020 to 2027
- TABLE 4: Proximity Card (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
- TABLE 5: CPU/MPU Cards (Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
- TABLE 6: CPU/MPU Cards (Type) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
III. MARKET ANALYSIS
- GEOGRAPHIC MARKET ANALYSIS
- UNITED STATES
- Market Facts & Figures
- US Contactless Smart Cards Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- TABLE 7: United States Contactless Smart Cards Market Estimates and Projections in US$ Million by Type: 2020 to 2027
- TABLE 8: United States Contactless Smart Cards Market Share Breakdown by Type: 2020 VS 2027
- CANADA
- TABLE 9: Canadian Contactless Smart Cards Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
- TABLE 10: Contactless Smart Cards Market in Canada: Percentage Share Breakdown of Sales by Type for 2020 and 2027
- JAPAN
- TABLE 11: Japanese Market for Contactless Smart Cards: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
- TABLE 12: Japanese Contactless Smart Cards Market Share Analysis by Type: 2020 VS 2027
- CHINA
- TABLE 13: Chinese Contactless Smart Cards Market Growth Prospects in US$ Million by Type for the Period 2020-2027
- TABLE 14: Chinese Contactless Smart Cards Market by Type: Percentage Breakdown of Sales for 2020 and 2027
- EUROPE
- Market Facts & Figures
- European Contactless Smart Cards Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
- TABLE 15: European Contactless Smart Cards Market Demand Scenario in US$ Million by Region/Country: 2018-2025
- TABLE 16: European Contactless Smart Cards Market Share Shift by Region/Country: 2020 VS 2027
- TABLE 17: European Contactless Smart Cards Market Estimates and Forecasts in US$ Million by Type: 2020-2027
- TABLE 18: European Contactless Smart Cards Market Share Breakdown by Type: 2020 VS 2027
- FRANCE
- TABLE 19: Contactless Smart Cards Market in France by Type: Estimates and Projections in US$ Million for the Period 2020-2027
- TABLE 20: French Contactless Smart Cards Market Share Analysis by Type: 2020 VS 2027
- GERMANY
- TABLE 21: Contactless Smart Cards Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
- TABLE 22: German Contactless Smart Cards Market Share Breakdown by Type: 2020 VS 2027
- ITALY
- TABLE 23: Italian Contactless Smart Cards Market Growth Prospects in US$ Million by Type for the Period 2020-2027
- TABLE 24: Italian Contactless Smart Cards Market by Type: Percentage Breakdown of Sales for 2020 and 2027
- UNITED KINGDOM
- TABLE 25: United Kingdom Market for Contactless Smart Cards: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
- TABLE 26: United Kingdom Contactless Smart Cards Market Share Analysis by Type: 2020 VS 2027
- REST OF EUROPE
- TABLE 27: Rest of Europe Contactless Smart Cards Market Estimates and Forecasts in US$ Million by Type: 2020-2027
- TABLE 28: Rest of Europe Contactless Smart Cards Market Share Breakdown by Type: 2020 VS 2027
- ASIA-PACIFIC
- TABLE 29: Contactless Smart Cards Market in Asia-Pacific by Type: Estimates and Projections in US$ Million for the Period 2020-2027
- TABLE 30: Asia-Pacific Contactless Smart Cards Market Share Analysis by Type: 2020 VS 2027
- REST OF WORLD
- TABLE 31: Rest of World Contactless Smart Cards Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
- TABLE 32: Contactless Smart Cards Market in Rest of World: Percentage Share Breakdown of Sales by Type for 2020 and 2027
IV. COMPETITION
- Total Companies Profiled: 58
