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EMV Standards to Drive Smart Card Market Finds RNCOS - With the growth in e-commerce, large government projects and growing security apprehensions, smart cards will grow at a CAGR of nearly 13% during 2010-2013
EMV Standards to Drive Smart Card Market Finds RNCOS

 

NewswireToday - /newswire/ - Noida, Uttar Pradesh, India, 2010/06/25 - With the growth in e-commerce, large government projects and growing security apprehensions, smart cards will grow at a CAGR of nearly 13% during 2010-2013.

   
 
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As per our recent research report “Smart Card Market Forecast to 2012”, introduction of Europay, MasterCard and Visa standard (EMV standard), aimed at fraud reduction will lead to a robust growth in smart card market. Sectors like telecom and financial/retail/loyalty are also expected to flourish in coming years. In our report, we have anticipated that the unit shipments of telecom and financial/retail/loyalty applications will surge at a CAGR of around 13% and 17% respectively during 2010-2012.

The performance of smart card industry has been analyzed by segmenting it into various subsections. These subsections include analysis by Region, Technology and Applications. Various application areas like telecom and transport are detailed in the report. We have also done the country profiling for the smart card industry. Various countries analyzed in the report are US, Canada, Korea, Japan, China, India, Malaysia, Indonesia, Australia, UK, Germany, UAE, Qatar, Oman, Bahrain and South Africa. We have chosen these countries for our study on the basis of current market trends and future growth potential.

Our team of analysts has identified the key trends and growth hurdles prevailing in the industry. In the major player analysis segment, we have studied the leading players of the industry. Our study gives a brief overview of all the players along with their strength weakness analysis. We have given an insight into the current market trends and growth prospects of the smart card industry while substantiating the data with unbiased and coherent research.

“Smart Card Market Forecast to 2012” is a comprehensive research report that comprises quality research and in-depth analysis on the smart card market across the globe. It studies the emerging market trends, recent developments and their impact on the market. The report will help clients to analyze the leading-edge opportunities, prospective customer base, key players, expected future outlook and all the other factors which are critical to the success of a new entrant in the global smart card market.

Report/IM007

About RNCOS
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

 
 
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EMV Standards to Drive Smart Card Market Finds RNCOS

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