Smart Cards - A Global Update of Market Trends & Opportunities

Smart Cards - A Global Update of Market Trends & Opportunities published by BizAcumen, Inc. in November, 2009. This report consists of Pages: 286 and the price starts from US $ 2995.

Introduction

Abstract

As businesses evolve in a dynamic global market, smart card usage has also expanded to cover various applications across varied markets. With rising concerns related to security, fraud, and data privacy, applications based on information technology, wireless communications, and other commercial sectors are adopting smart cards. The market for smart cards witnessed technological advancements that led to the increasing growth of the product. Manufacturers are forced to adopt new strategies for growth to counter competition from new entrants, which also aided in the market growth.

These and other market data and trends are presented in "Smart Cards: A Global Update of Market Trends & Opportunities" by BizAcumen, Inc. Our reports are designed to be most comprehensive in geographic coverage and vertical market analyses

Table of Contents

1. METHODOLOGY 1

• Study Reliability and Reporting Limitations 1
• Disclaimers 2
• Quantitative Techniques & Reporting Level 3

2. MARKET SNAPSHOTS 4

3. GLOBAL MARKET OVERVIEW AND OUTLOOK 5

• Smart Cards Vs Magnetic Stripe Cards 5
  • Enhanced Storage Capacity 5
  • Security 6
  • Convenience 6
  • Economic Benefits 6
  • Customization 6
  • Multi-Functionality 6
• Current and Future Analysis 7
• Growth Trend to Continue Unabated 7
• Outlook Robust for Smart Card/IC Card Industry 7
• Contactless Smart Card Market in North America 7
• Corporate Security - Smart Cards Market in North America 8
  • Market Drivers 8
  • Market Constraints 8
• A Peek into EMEA Smart Card Access Control Market 9
  • Market Drivers: EMEA Corporate Security Smart Cards Market 9
    • Greater Convenience 9
    • Greater Security 9
    • Strong Corporate Security 10
  • Market Constraints: EMEA Corporate Security Smart Cards Market 10
    • Slow Transition 10
    • Corporate Governance - Slow Adoption 10

4. MARKET DRIVERS & CHALLENGES 11

• Market Drivers 11
  • EMV Compliance Boosts Financial Sector 11
  • Biometrics - A Leading Application in Smart Card Technology 11
  • Contactless Cards to Drive Market 12
  • Multi-Application Cards Gain Momentum 12
  • Interoperability - An Essential Factor 12
  • Declining Card Prices Boost Market for High-End SIM Cards 13
  • Rising Security Concerns to Foster Identity & Security Markets 13
• Market Restraints 13
  • High Implementation Costs Deter Smart Card Adoption 13
  • Lack of Smart Card Infrastructure Hampers Growth 14
  • Consumer Concerns on Data Security and Privacy 14
  • Lack of Global Standards 14
  • Rapidly Changing Technological Environment 14

5. ISSUES & TRENDS 15

• Micro-Payment and Government Applications Spur Contactless Smart Card Market 15
• Price Erosion Affects Smart Cards Market 15
• System Integrators Enable Value Addition for Smart Cards 16
• Consolidation - Growth Through Shrinkage... 16
• Data Privacy & Security Crucial for Smart Cards 16
• Issues Concerning Contactless Smart Cards 17
  • Need for Compatible Standards 17
  • Existing Technologies Prevent Adoption of Contactless Technology 17
  • Political & Government Regulations - Key for Contactless Smart Card Participants 17
• Need for Compatibility Among Standards 17
• Hybrid Cards on the Rise 18
• Dual - Interface Smart Card Readers Aid Industry Growth 18
• High Security Java Cards Gain Popularity 18
• Biometric Technology Offers Significant Growth Potential for Security Applications 18
• ICAO Compliance Boosts e-Passports Program 19

6. COMPETITIVE SCENARIO 19

• Potential Favors Growth in the Intensely Competitive Market 19
  • Leading Players - An Analysis of Competitor Strategies 20

7. PRODUCT FACTS 22

• Types of Smart Cards 22
  • Memory Cards 22
  • Microprocessor Cards 22
• End-Use Sectors 22
  • Telecommunications 22
  • Financial/Banking Sector 23
  • Government/ Healthcare 23
  • Security 23
  • Public Transportation 23
  • Other Applications 24

8. TECHNOLOGICAL ADVANCEMENTS 24

• New GSM Technologies to Drive GSM SIM Market 24
• Next Generation Java Card or Java Card 3 to Hit Markets by 2007 24
• EDSI' s Colibri - An Alternative to Sun Microsystem' s Java Card Platform 25
• New Smart Card Technology to Facilitate Secure Connection to Portable Devices 25
• Advancements in Smart Card Technology 25

9. CORPORATE DEVELOPMENTS 25

• Syscom Establishes Asia' s Largest Smart Card Production Unit 25
• Viacess and Sagem Orga Partner to Unveil a New Security Solution 26
• MAT and Sagem Orga to Supply (U)SIM Card Solutions 26
• LG Ties-up With Gemalto for Smart Card Enabled Handsets 26
• Oberthur to Acquire XPonCard 27
• Roper Industries Acquires Cbord Group 27
• Mitsubishi Electric to Acquire Business Assets of Renesas Technology 27
• American Banknote Acquires Keystone Manufacturing 28
• INSIDE Contactless Joins Hands with Advanced Card Technologies 28
• SCM and Sony Sign MoU 29
• STMicroelectronics Introduces NFC System-on-Chip 29
• Sony Introduces External Memory Card Reader into the Indian Market 29
• SanDisk Introduces Flash Memory Cards Product Line 29
• Panasonic Launches 32GB SDHC Memory Card 30
• Sagem Orga to Supply Smart Cards for UkrCard 30
• Gemalto Purchases Leigh Mardon Stake in Australian Joint Venture 31
• ASK and MasterCard to Work on Contactless Cards 31
• Sony and NXP Enter Into a Joint Venture to Form Moversa 31
• Giesecke & Devrient (G&D) Introduces Internet Smart Card 32
• Gemalto Introduces Smartcard Technology 32
• Gemalto Introduces SIM-based Mobile Banking Solution... 33
• STMicroelectronics Unveils MCUs 33
• STMicroelectronics Launches 90nm Secure Microcontroller... 33
• STMicro Unveils Smart Card Reader 34
• Panasonic Releases 16GB SDHC Memory Card 34

10. MAJOR PLAYERS 34

• ASK (France) 34
• Austria Card GmbH (Austria) 34
• Gemalto N.V. (The Netherlands) 35
• Giesecke & Devrient GmbH (Germany) 35
• Incard SpA (Part of STMicroelectronics) (Italy) 35
• Oberthur Card Systems SA (France) 35
• Sagem Orga GmbH (Germany) 35
• STMicroelectronics (Switzerland) 35

11. MARKET ANALYTICS 36

12. THE UNITED STATES 54

• Overview 54
• Issues and Trends 54
  • US Markets Move Towards Contactless Technology 54
  • US Lags Behind in Adopting EMV Specifications 54
  • HSPD-12 Directive Fosters Smart Card- Based Security Sector 55
  • ICAO Compliance Boosts e-Passports Program 55
  • US Airport Authorities Use Smart Cards Based on Biometric Technology 55
  • Cyber Fraud & Identity Theft Crimes Provides Impetus for Smart Card Usage 55
  • FIPS Federal ID Standard & ANSI INCITS Standard for ID Sector 55
• Current Scenario of US Healthcare System 56
  • Healthcare Sector & Smart Cards 56
• Trade Scenario 57

13. CANADA 62

• Overview 62
• Trade Scenario 62

14. JAPAN 68

• Overview 68
• Market Trends 68
  • Lack of Smart Card Infrastructure Fosters Adoption of Contactless Technology 68
  • Smart Technology Based E-Money Cards Dominate Japanese Market 68
  • 3G Mobile Phones Boost Industry Sales 68
  • Digital Pay TV - A Growing Sector 68

15. EUROPE 73

• Overview 73
• Issues & Trends 73
  • Multi-Application Cards Boost Industry Prospects 73
  • EMV Compliance & Banking Sector 73
  • Europe Adopts Contactless Ticketing System to Minimize Costs 74
  • Proposed Electronic Identity Cards to Drive European Identity Market 74
• Select Regional Markets - An Overview 74
  • France 74
    • Electronic Passports Project Enhances Demand for Smart Cards 75
    • Pay TV Market in France 75
  • Belgium 75
  • Italy 75
  • United Kingdom 76
    • UK Smart Cards Market Holds Immense Potential for Growth 76
  • Rest of Europe 77

16. ASIA-PACIFIC 81

• a. China 93
• b. India 98
• c. South Korea 107
• d. Rest of Asia-Pacific 109

17. LATIN AMERICA 113

• An Emerging Market 113
• Smart Card Industry Overview 113
• Growth Drivers 113
  • Factors Impeding Market Growth 114
• Market Trends 115
  • Low-cost Contactless MIFARE Cards 115
  • Latin America and Mexico City Smart Card Markets in an Overdrive Mode 116
  • EMV Compliance & Impending Liability Shift Aids Smart Card Growth 116
  • Telecom Sector on the Rise 116
  • EMV Migration Boosts of Mexican Banking Sector 116
  • Rising Card Fraud Facilitates EMV Compliance in Brazil 117
  • Pay TV Sector Provides Huge Potential for Industry Growth 117

18. REST OF WORLD 121

• African & Middle East Markets - An Overview 121
• Market Trends 121
  • Security Market Gaining Prominence in Middle East 121
  • Nigeria Adopts Smart Cards in Insurance Sector 121
• South African Smart Card Market 122
  • Overview 122
  • EMV Compliance Leads Banking Sector to Adopt Smart Cards 122
  • Lack of IT Infrastructure and Rising Fraud Losses Drive Smart Card Adoption 123

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