Technology News & Trends

The global  smart card market  stood at  US$ 32.5 bn  in  2018 . Due to increasing technological changes, the market is expec ted to reach US$ 79.8 bn  by the end of  2027 . Due to consistent growth and increasing use of smart cards, this market is estimated to rise at a CAGR of  10.5%  during the forecast tenure between  2019  and  2027. Key players driving the global smart card market are  NXP Semiconductors NV, Gemalto NV, Infineon Technologies AG, and Giesecke & Devrient (G&D) GmbH.  These companies hold hold dominant share in the global smart card market. Some of the new entrants such as Watchdata and  Eastcompeace Technology Co. Ltd . are making significant efforts to give a tough competition to the existing players in the market. New players are providing solutions based on consumer preference. Global transaction value via digital payment method was above  US$ 3 trillion  in...

The global  smart card market  stood at  US$ 32.5 bn  in  2018 . Due to increasing technological changes, the market is expec ted to reach US$ 79.8 bn  by the end of  2027 . Due to consistent growth and increasing use of smart cards, this market is estimated to rise at a CAGR of  10.5%  during the forecast tenure between  2019  and  2027. Key players driving the global smart card market are  NXP Semiconductors NV, Gemalto NV, Infineon Technologies AG, and Giesecke & Devrient (G&D) GmbH.  These companies hold hold dominant share in the global smart card market. Some of the new entrants such as Watchdata and  Eastcompeace Technology Co. Ltd . are making significant efforts to give a tough competition to the existing players in the market. New players are providing solutions based on consumer preference. Global transaction value via digital payment method was above  US$ 3 trillion  in...