MarketResearchNest.com
adds “Global Dual Interface IC Card
Market Growth 2019-2024”new report to its research database.
The Dual Interface IC Card is a type of smart card with an
embedded contactless chip. The card number and user's identifying information
are still contained on the face of the card, and an EMV chip (Europay,
MasterCard, and Visa chip) may be used to provide added security in credit and
debit card transactions. Having both a contactless chip and a magnetic strip
(or chip-and-PIN) allows the cardholder to conduct transactions on a wider
variety of machines.
The growth of the Dual Interface IC Card technologies market
is also driven by factors, such as an increasing adoption of IC card in the
financial Institutions, government and transportation industry. However,
factors such as high investment, Card authentication, and technology are
hindering the growth of this market.
There are a lot of manufacturers in this industry. The sales
revenue share of Gemalto is about 22.36% in 2016, which is the No.1 of the
global Dual Interface IC Card industry.
At present, in developed countries, the Dual Interface IC
Card industry is generally at a more advanced level. The world's largest
enterprises are mainly concentrated in Europe. Meanwhile, foreign companies
have more advanced equipment, strong R and D capability, and leading technical
level. Dual Interface IC Card is a technology-intensive industry. Most of
products are purchased through the bidding,which need high request to the
provides,include the technology,cost,service and so on.With the development in
production and technology, Chinese communications operators gradually shift to
the domestic manufacturers. Many providers had a rapid growth through the
bidding,like Wuhan Tianyu, Eastcompeace.which is the leader in the Dual
Interface IC Card industry in China. It is important for European and North
American manufactures to monitor the Asian Market closely and follow any new
technologies they may develop or else they may find themselves not able to
produce at the speed and with the quality needed.
China's Dual Interface IC Card industry is still in the
development stage. China is a large population country, there are only few
manufacturers which can produce the Dual Interface IC Card product.. With the
People's Bank of China (PBOC) have announced all banking cards in China would
migrate to Smart Cards, the demand for Smart Cards have a rapid development in
recent two years. At present, there is still a wide gap in the market size, the
capital, marketing, product development or technical studies between China
domestic enterprises and foreign enterprises, especially in some high-end
technology field.
In the coming years, Dual Interface IC Card market is
expected to witness the highest growth rate in the Asia-Pacific region.
Although Dual Interface IC Card brings a lot of opportunities, the study group
recommends the new entrants just having money but without technical advantage
and upstream and downstream support do not to enter into this field.
According to this study, over the next five years the Dual
Interface IC Card market will register a xx% CAGR in terms of revenue, the
global market size will reach US$ xx million by 2024, from US$ xx million in
2019. In particular, this report presents the global market share (sales and
revenue) of key companies in Dual Interface IC Card business, shared in Chapter
3.
This report presents a comprehensive overview, market
shares, and growth opportunities of Dual Interface IC Card market by product
type, application, key manufacturers and key regions and countries.
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This study considers
the Dual Interface IC Card value and volume generated from the sales of the
following segments:
Segmentation by
product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to
2024 in section 11.7.
·
Standard-Type
·
Irregular-Type
Segmentation by
application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to
2024 in section 11.8.
·
Finance
·
Government
and Public Utilities
·
Transportation
·
Others
This report also
splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas, United States, Canada, Mexico, Brazil, APAC, China,
Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK,
Italy, Russia, Spain, Middle East and Africa, Egypt,South Africa, Israel,
Turkey, GCC Countries
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contents and data tables @
The report also
presents the market competition landscape and a corresponding detailed analysis
of the major vendor/manufacturers in the market. The key manufacturers covered
in this report: Breakdown data in in Chapter 3.
·
Gemalto
·
Oberthur Technologies
·
Giesecke and Devrient
·
Goldpac
·
Eastcompeace
·
CPI Card Group
·
Hengbao
·
VALID
·
Wuhan Tianyu
·
Watchdata Systems Co. Ltd
·
Datang
·
Kona I
In addition, this
report discusses the key drivers influencing market growth, opportunities, the
challenges and the risks faced by key manufacturers and the market as a whole.
It also analyzes key emerging trends and their impact on present and future
development.
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Research objectives
·
To study and analyze the global Dual Interface
IC Card consumption (value and volume) by key regions/countries, product type
and application, history data from 2014 to 2018, and forecast to 2024.
·
To understand the structure of Dual Interface IC
Card market by identifying its various subsegments.
·
Focuses on the key global Dual Interface IC Card
manufacturers, to define, describe and analyze the sales volume, value, market
share, market competition landscape, SWOT analysis and development plans in
next few years.
·
To analyze the Dual Interface IC Card with
respect to individual growth trends, future prospects, and their contribution
to the total market.
·
To share detailed information about the key
factors influencing the growth of the market (growth potential, opportunities,
drivers, industry-specific challenges and risks).
·
To project the consumption of Dual Interface IC
Card submarkets, with respect to key regions (along with their respective key
countries).
·
To analyze competitive developments such as
expansions, agreements, new product launches, and acquisitions in the market.
·
To strategically profile the key players and
comprehensively analyze their growth strategies.
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