Banking and Financial Smart Cards Market, Global Outlook and Forecast 2023-2032
In the banking, financial services, and insurance (BFSI) sector, smart cards are used as credit or debit cards, authentication cards for payments, fuel cards, access control cards, and high-security identification cards. They can be used as electronic wallets by loading the smart card with funds that can be transferred to a vending machine or an account using cryptographic protocols.
This report aims to provide a comprehensive presentation of the global market for Banking and Financial Smart Cards, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Banking and Financial Smart Cards. This report contains market size and forecasts of Banking and Financial Smart Cards in global, including the following market information:
Global Banking and Financial Smart Cards Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Banking and Financial Smart Cards market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The strong need to reduce identity duplication will be the key driver for the growth of this market. Due to advances in technology, the number of fraudulent activities and forgeries are increasing. As a result, the cards and payments industry has undergone a digital transformation with the introduction of new payment methods such as EMV chips, personal identification number (PIN) cards, and mobile wallets. Since the data available in smart cards is difficult to decode, they will have a higher adoption rate in the BFSI sector.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Banking and Financial Smart Cards companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Banking and Financial Smart Cards Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Banking and Financial Smart Cards Market Segment Percentages, by Type, 2022 (%)
Magnetic Stripe Card
Chip Card
Dual Interface Card
Others
Global Banking and Financial Smart Cards Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Banking and Financial Smart Cards Market Segment Percentages, by Application, 2022 (%)
Commercial
Personal
Others
Global Banking and Financial Smart Cards Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Banking and Financial Smart Cards Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Banking and Financial Smart Cards revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Banking and Financial Smart Cards revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Gemalto
Morpho
Oberthur Technologies
American Express
CardLogix
MasterCard
Visa
Outline of Major Chapters:
Chapter 1: Introduces the definition of Banking and Financial Smart Cards, market overview.
Chapter 2: Global Banking and Financial Smart Cards market size in revenue.
Chapter 3: Detailed analysis of Banking and Financial Smart Cards company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Banking and Financial Smart Cards in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
