The global Dual Interface Smart Card market was valued at US$ 2045.9 million in 2019 and it is expected to reach US$ 5457.9 million by the end of 2026, growing at a CAGR of 14.9% during 2021-2026.
Dual interface smart card is a credit or debit card with an embedded chip that allows the card to be used for contactless and contactless transactions. Dual interface chip card allows card readers to obtain card identification information by using a single chip. A dual interface card is a microprocessor card which also has a contactless interface. It is a single chip consisting of both interfaces. These products are typically used in banking, transport markets, ID, Government and other areas that need larger memory than a standard contactless card, higher security and multiple interfaces.
The industry’s leading producers are Gemalto, Giesecke & Devrient and IDEMIA, with revenues of 25.39%, 15.52% and 19.64% respectively in 2019.
Global Dual Interface Smart Card Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Dual Interface Smart Card Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Gemalto, Giesecke & Devrient, Idemia, Valid, Eastcompeace, Wuhan Tianyu, Datang, Paragon Group, Cpi Card Group, Watchdata, Hengbao and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Plastic Type Dual Interface Smart Card
- Metal Type Dual Interface Smart Card
Segment by Application
- Government and Public Utilities
Table of Content:
1 Dual Interface Smart Card Market Overview
2 Dual Interface Smart Card Market Competition by Manufacturers
3 Dual Interface Smart Card Retrospective Market Scenario by Region
4 Global Dual Interface Smart Card Historic Market Analysis by Type
5 Global Dual Interface Smart Card Historic Market Analysis by Application
6 Key Companies Profiled
7 Dual Interface Smart Card Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Dual Interface Smart Card Market Dynamics
10 Global Dual Interface Smart Card Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.