PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

World Contactless Smart Cards Market to Soar in Number of Units Shipped by 2010 - New analysis from Frost & Sullivan, World Contactless Smart Cards Markets, reveals that in 2004 the total unit shipment for the world contactless smart card market was 150.56 million units and expects to reach 1.17 billion units by 2010.
World Contactless Smart Cards Market to Soar in Number of Units Shipped by 2010

 

NewswireToday - /newswire/ - San Antonio, TX, United States, 2006/03/31 - New analysis from Frost & Sullivan, World Contactless Smart Cards Markets, reveals that in 2004 the total unit shipment for the world contactless smart card market was 150.56 million units and expects to reach 1.17 billion units by 2010..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Successful projects around the world like transit and ID programs in APAC along with advances in the U.S. payments market are stirring up interest in the rest of the world where these applications are slower to take off. Lessons learnt and flourishing use of these contactless cards in some countries give confidence to other regions to follow suit.

In March 2005, MasterCard International and Visa International announced that they had reached an agreement to use a common communications protocol for contactless payment cards and devices. This is expected to increase and ensure interoperability between contactless payment cards and devices. The use of a common protocol for conducting contactless payments will enable vendors to streamline product development and testing, leading to reduced implementation costs and faster time to market for financial institutions and merchants. With a common protocol in place, merchants are expected to have the assurance that a single point of sale terminal may support multiple payment brands, and would require less time for terminal programming and testing.

New analysis from Frost & Sullivan, World Contactless Smart Cards Markets, reveals that in 2004 the total unit shipment for the world contactless smart card market was 150.56 million units and expects to reach 1.17 billion units by 2010.

If you are interested in a virtual brochure, which provides manufacturers, end-users, and other industry participants with an overview of the latest analysis of the World Contactless Smart Cards Markets then send an e-mail to Tori Foster - Corporate Communications at tori.foster[.]frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state and country. We will send you the information via email upon receipt of the above information.

“As the dominant areas of use in contactless smart cards become more established areas such as banking, government, telecommunications and security, people will start to realize that the benefits of contactless are far reaching,” says Frost & Sullivan Research Analyst Michelle Foong. “Other areas like medical, gaming (betting) and emergency services are starting to look into the use of smart cards to fill the need for security, volume and speed in their sector. For example, in healthcare and emergency services, medical personnel need to be identified in an instant to ensure that the efficient flow of medical services is provided.”

National IDs and passports are areas of massive implementations, where places like United States, China and Europe has sufficiently large populations to generate demand for contactless technology. Where mandates are imposed, the pressure to comply is significant. Other agencies relating to defense, transit and government services are pushing for contactless rollouts to cope with security and efficiency needs.

Progress in National IDs and passports in countries which were previously not technologically superior as first world countries are showing that the educational barriers have come down significantly in many places, like projects in China, Brazil, Macedonia, Malaysia and Thailand. Unlike other technological advances, some of the more advanced countries are learning from the experiences and successes of these countries before they take the leap themselves. Consumers are starting to integrate contactless technology into their way of life without the apprehension and anxiety previously seen.

Consumer rights groups and privacy concerns in more advanced countries continue to slow down the growth in some areas, “ says Frost & Sullivan Research Analyst, Michelle Foong. “Especially with national ID cards involving the government and the use of biometric features for security needs, this area needs to be addressed to prevent potential lawsuits and human/consumer rights violations.”

World Contactless Smart Card Markets, a part of the F275 subscription, provides an overview and outlook for the market. This study has been segmented into market overview, forecasts and trends (overall and by application) and profile of key players. This research includes detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Electronics/Instrumentation/RFID articles,
CATCH Visitors via Your Competitors Announcements!


World Contactless Smart Cards Market to Soar in Number of Units Shipped by 2010

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Tori Foster 
210.477.8448 tori.foster[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Electronics/Instrumentation/RFID via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Electronics/Instrumentation/RFID Most Recent Related Newswires:

Frost & Sullivan Commends Keysight's Growth in Calibration and Repair Services from its New Customer-centric Solutions
Imec Develops 3D-Compatible Germanium nMOS Gate stack with High Mobility and Superior Reliability
Curtiss-Wright to Expand Position in Data Acquisition & FTI Markets with Acquisition of Teletronics Technology Corporation
Datalogic Receives Top Honor At Inspect Awards 2017
Leonardo Sees Surge in Export Orders for Man-portable Laser Designators from US and Europe
Imec Demonstrates World’s First Vertically Stacked Gate-all-Around Si Nanowire CMOS Transistors
GE Ventures, Microsemi and Corning Partner to Launch Menlo Micro and Next Generation of Electronic Switching
Frost & Sullivan Commends LeEco for Driving Innovation in the North American Smart Technologies Market
Malvern Instruments and PANalytical to Merge
Bruker Announces Corporate Partnership with International Phenome Centre Network (IPCN) for NMR Technologies and SOPs
Predictive and Control Capabilities through IoT Rapidly Expand Global Growth Opportunities for Sensors Finds Frost & Sullivan
IDEX Showcased the World’s First Flexible Touch Fingerprint Sensor for SmartCards and Receives Massive Industry Interest
Endress+Hauser Consult AG Introduces Proline 300/500 - Flow Measuring Technology for the Future
Lipigas Delivers Enhanced Interactive and Visual Mobile Self-Service Portal Using Joint Visual IVR Solution from Dialogic and Telectronic
Customized Electronic Ticket Solutions Simplify Daily Commute in Russian Cities

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  JobsWare.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)