2016 Global Smart Card Forecaster

A Competitive Market with Growing Demand for the Medium Term
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Published: 23 Jun 2016

"Increased efficiency and security offered by smart cards continues to drive the adoption of smart cards globally. While SIM cards and banking and payment applications constitute a major portion of smart card applications, the increased demand for secure identification is driving the growth of smart cards for Government ID projects. In this update, Frost & Sullivan estimates the global smart card market for 2015, forecasting the expected unit shipment and revenue growth of smart cards from 2016 to 2021 for five main applications: telecom, banking and payment, Government, transportation, and physical and logical access across North America, Europe, Latin America, Asia-Pacific, Africa, and the Middle East.

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