World Smart Card Readers and Chipsets Market

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Published: 7 Jun 2010

With the global economy emerging from economic recession, many companies and government organizations will likely have an increased budget going forward in 2010. While smart card adoption has remained strong, new projects for 2009 have been limited, and 2010 may exhibit renewed potential for all markets which smart cards are used for. This could result in many new projects, particularly given the growing concern for electronic security, and increasing overall system performance with contactless technology. Thus, Frost & Sullivan anticipates that all four of the primary markets which smart card readers address (Government, Banking and Payment, Transportation, and Corporate Security) will continue to grow.



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