Technavio has been monitoring the smart card IC market and it is poised to grow by USD 1.79 bn during 2019-2023, progressing at a CAGR of over 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Smart Card IC Market 2019-2023 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Infineon Technologies AG, NXP Semiconductors NV, ON Semiconductor Corp., Samsung Electronics Co. Ltd., and STMicroelectronics NV are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Demand for contactless smart cards has been instrumental in driving the growth of the market.
Smart Card IC Market 2019-2023: Segmentation
Smart Card IC Market is segmented as below:
- Application
- Telecommunication
- Financial
- Government
- Transportation
- Others
- Microprocessor Architecture
- 16-bit
- 32-bit
- Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Smart Card IC Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our smart card IC market report covers the following areas:
- Smart Card IC Market Size
- Smart Card IC Market Trends
- Smart Card IC Market Industry Analysis
This study identifies integration of smart cards with blockchain as one of the prime reasons driving the smart card IC market growth during the next few years.
Smart Card IC Market 2019-2023: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the smart card IC market, including some of the vendors such as Infineon Technologies AG, NXP Semiconductors NV, ON Semiconductor Corp., Samsung Electronics Co. Ltd., and STMicroelectronics NV. Backed with competitive intelligence and benchmarking, our research reports on the smart card IC market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Smart Card IC Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist smart card IC market growth during the next five years
- Estimation of the smart card IC market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the smart card IC market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of smart card IC market vendors
Table Of Contents :
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Telecommunication Market size and forecast 2018-2023
- Financial Market size and forecast 2018-2023
- Government Market size and forecast 2018-2023
- Transportation Market size and forecast 2018-2023
- Others Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY MICROPROCESSOR ARCHITECTURE
- Market segmentation by microprocessor architecture
- Comparison by microprocessor architecture
- 16-bit Market size and forecast 2018-2023
- 32-bit Market size and forecast 2018-2023
- Market opportunity by microprocessor architecture
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC Market size and forecast 2018-2023
- Europe Market size and forecast 2018-2023
- North America Market size and forecast 2018-2023
- South America Market size and forecast 2018-2023
- MEA Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Robust demand for dual-interface cards
- Use of biometrics in smart cards
- Integration of smart cards with blockchain
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Infineon Technologies AG
- NXP Semiconductors NV
- ON Semiconductor Corp.
- Samsung Electronics Co. Ltd.
- STMicroelectronics NV
PART 15: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 16: EXPLORE TECHNAVIO
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200427005631/en/
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