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Global smart card integrated circuit market

Global smart card integrated circuit market

Global smart card integrated circuit market

Dublin, Nov. 04, 2022 (GLOBE NEWSWIRE) — The “Smart Card IC Market by Type (Microprocessor, Memory), Architecture (16-bit, 32-bit), Interface, Application (USIM/eSIM, identity, Cards), End-user Industry (Telecommunications, BFSI) and Region – Global Forecast to 2027″ report has been added to from ResearchAndMarkets.com offer.

The global Smart Card IC Market is expected to reach USD 3.9 Billion by 2027, from an estimated USD 2.9 Billion in 2022, growing at a CAGR of 6.3% from 2022 to 2027.

The growth of the smart card IC market can be attributed to the high demand for subscriber identity modules (SIMs), universal subscriber identity modules (USIMs) and identity module cards integrated subscriber (eSIM); secure identity cards; and ever-growing population financial cards and a gradual shift to digitalization and electrification.

In 2022, USIMs/eSIMs segment captured largest share of smart card IC market

In 2022, USIMs/eSIMs segment captured the largest share of the smart card IC market, and a similar trend is likely to be witnessed throughout the forecast period. The growth of the segment can be attributed to the adoption of USIM/eSIM in consumer electronic devices such as smartphones, cellphones, tablets and smartwatches as well as IoT devices. Various smartphone manufacturing companies are working on eSIM technology to integrate them into their latest series of smartphones. For example, Apple Inc. has introduced eSIM technology in its third-generation iPad Pro line, iPhone XS, and will integrate eSIM in all iPhone 14 series product lines.

In 2022, the telecommunications end-user industry captured the largest share of the smart card IC market

In 2022, the telecommunications end-user industry accounted for the largest size in the smart card IC market, and a similar trend is expected to be observed during the forecast period. The strong growth can be attributed to technological developments such as the adoption of 3G, 4G and 5G technologies for fast and secure communication. Also, the emergence of eSIMs in smartphones is expected to increase in the future. With technological developments, products such as smartphones, smartwatches, wearables, are also evolving to be compatible with the latest technologies. This is driving the demand for smart card integrated circuits.

In 2022, Europe held the second largest share of the overall smart card IC market

Europe has seen a rapid adoption of public health care and health insurance systems compared to the most developed countries in the world. The European Commission has mandated the use of smart cards as a replacement for paper E-111 forms for cross-border healthcare services, which has driven the growth of the smart card market in Europe. Additionally, the increasing adoption of contactless technology for retail transactions and access control is expected to accelerate the growth of the European smart card market. Hence, Europe held the second largest share of the overall smart card IC market in 2022.

Main topics covered:

1. Introduction

2 Research methodology

3 Executive summary

4 premium previews
4.1 Attractive Opportunities for Smart Card Integrated Circuits Market Players
4.2 Smart Card Integrated Circuits Market, by Type
4.3 Smart Card Integrated Circuits Market, By Architecture
4.4 Smart Card Integrated Circuits Market, By Interface
4.5 IC Cards Market, by Application
4.6 Smart Card Integrated Circuits Market, by End User Industry
4.7 Smart Card Integrated Circuits Market, by Region
4.8 IC Smart Card Market, by Country

5 Market Overview
5.1 Presentation
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing use of Sims and Esims in smartphones
5.2.1.2 Adoption of ID cards in various organizations and educational institutions
5.2.1.3 Increase in contactless payments after the COVID-19 outbreak
5.2.2 Constraints
5.2.2.1 Data security issues related to Esims
5.2.3 Opportunities
5.2.3.1 Government agencies promoting digitization
5.2.3.2 Growing Demand for Automotive Advanced Telematics and Infotainment Systems
5.2.3.3 Increased Adoption of IoT by End User Industries
5.2.4 Challenges
5.2.4.1 Global Semiconductor Chip Supply Shortage
5.3 Value chain analysis
5.4 Ecosystem
5.5 Price Analysis
5.6 Revenue Changes and New Revenue Pockets for Smart Card Integrated Circuits Market Players
5.7 Technology Analysis
5.7.1 Key Technologies
5.7.1.1 Coil-on-module technology
5.7.2 Complementary Technologies
5.7.2.1 Near field communication technology
5.7.2.2 Radio frequency technology
5.7.2.3 Artificial intelligence technology
5.8 Emerging trends
5.8.1 Biometric cards
5.9 Porter’s Five Forces Analysis
5.9.1 Intensity of Competitive Rivalry
5.9.2 Threat of Substitutes
5.9.3 Bargaining power of buyers
5.9.4 Bargaining power of suppliers
5.9.5 Threat of new entrants
5.10 Key Players and Purchase Criteria
5.10.1 Main players in the purchasing process
5.10.2 Purchase Criteria
5.11 Analysis of case studies
5.12 Business Analysis
5.12.1 Import scenario
5.12.2 Export Scenario
5.13 Patent Analysis
5.14 Key Conferences and Events, 2022-2023
5.15 Tariff Analysis
5.16 Standards and regulatory landscape
5.16.1 Regulatory bodies, government agencies and other organizations
5.16.1.1 North America
5.16.1.2 Europe
5.16.2 Standards

6 IC Cards Market, by Type
6.1 Presentation
6.2 Microprocessor
6.2.1 Allows addition, deletion and manipulation of data
6.3 Memory
6.3.1 Cheaper than microcontrollers

7 Smart Card Integrated Circuits Market, By Architecture
7.1 Presentation
7.2 16 bit
7.2.1 Offers high clock speed and wider data paths
7.3 32 bit
7.3.1 Capable of storing large volumes of data

8 Smart Card Integrated Circuits Market, By Interface
8.1 Presentation
8.2 Contact interface
8.2.1 Contact with card reader required to facilitate reading
8.3 Contactless interface
8.3.1 Contactless cards use radio frequency to read data
8.4 Dual interface
8.4.1 Combines functionality of contact and contactless interfaces

9 IC Cards Market, by Application
9.1 Presentation
9.2 Usims/Esims
9.2.1 Offer enhanced data security compared to traditional SIM cards
9.3 Identity Cards
9.3.1 Employee ID
9.3.1.1 Employee smart ID cards used to secure access to physical facilities and computer systems and networks
9.3.2 Citizen identifier
9.3.2.1 Captured the Largest Smart Card IC Market Share in 2021
9.3.3 Electronic passport
9.3.3.1 Help reduce the circulation of fake passports
9.3.4 Driving license
9.3.4.1 Licenses Embedded in Smart Chips Protect Against Document Tampering
9.4 Financial Cards
9.4.1 Credit cards
9.4.1.1 Adoption of Credit Cards to Drive Demand for Smart Card ICS
9.4.2 Debit cards
9.4.2.1 Contactless payments to fuel demand for debit cards
9.5 IoT Devices
9.5.1 Embedded ICs to increase security and prevent unauthorized tampering

10 Smart Card Integrated Circuits Market, By End-User Industry
10.1 Presentation
10.2 Telecommunications
10.2.1 Widely Uses Smart Card ICs in Usim Cards
10.3 Bfsi
10.3.1 Bfsi First user of smart card technology
10.4 Government and health care
10.4.1 Government initiatives to digitize documentation to drive smart card adoption
10.5 Transportation
10.5.1 Smart cards ensure smooth passenger flow on subways, buses, trams and other public transport
10.6 Education
10.6.1 Uses smart cards to manage campus access and maintain student records
10.7 Retail
10.7.1 Uses smart cards to acquire customer data
10.8 Others

11 Smart Card Integrated Circuits Market, by Region

12 Competitive landscape
12.1 Overview
12.2 Market Assessment Framework
12.2.1 Product Portfolio
12.2.2 Regional focus
12.2.3 Manufacturing footprint
12.2.4 Organic/inorganic strategies
12.3 Market Share Analysis, 2021
12.4 Revenue Analysis: Top Five Companies (2017-2021)
12.5 Business Rating Quadrant
12.5.1 Stars
12.5.2 Emerging Leaders
12.5.3 Ubiquitous Players
12.5.4 Participants
12.6 Competitive Scenarios and Trends
12.6.1 Product Launches
12.6.2 Offers
12.6.3 Others

13 company profiles
13.1 Key Players
13.1.1 Infineon Technologies SA
13.1.2 Nxp Semiconductors AG
13.1.3 Samsung Electronics Co.Ltd.
13.1.4 STMicroelectronics SA
13.1.5 Microchip Technology Incorporated (Atmel Corporation)
13.1.6 Cec Huada Electronic Design Co. Ltd.
13.1.7 Analog Devices, Inc.
13.1.8 Sony Group Company
13.1.9 Toshiba Company
13.1.10 ON Semiconductor Corporation
13.2 Other Players
13.2.1 Shanghai Fudan Microelectronics Group Co. Ltd.
13.2.2 Watch Data Co. Ltd.
13.2.3 Texas Instruments Incorporated
13.2.4 Nations Technologies Inc.
13.2.5 Ziguang Tongxin Microelectronics Co. Ltd. (tmc)
13.2.6 Kona I
13.2.7 HT Micron
13.2.8 Imatric LLC
13.2.9 ICTK Holdings Co. Ltd.
13.2.10 EM Microelectronics

14 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/64raeg

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Ashley C. Reynolds