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PUBLISHER: KBV Research | PRODUCT CODE: 1462156

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PUBLISHER: KBV Research | PRODUCT CODE: 1462156

North America Contactless Smart Cards Market Size, Share & Trends Analysis Report By Functionality, By Type the, By Industry Vertical, By Country and Growth Forecast, 2024 - 2031

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The North America Contactless Smart Cards Market would witness market growth of 7.6% CAGR during the forecast period (2024-2031).

The US market dominated the North America Contactless Smart Cards Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,901.7 million by 2031. The Canada market is experiencing a CAGR of 7.9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8.6% during (2024 - 2031).

Contactless smart cards are integrated into IoT ecosystems, enabling seamless connectivity and communication between devices. For example, smart home systems can use contactless smart cards for user authentication and access control, enhancing security and automation. Some contactless smart card solutions leverage blockchain technology to enhance transaction security, transparency, and traceability. Blockchain-based contactless smart cards offer decentralized and tamper-resistant payment systems, appealing to users seeking heightened security and privacy.

Innovations in contactless smart card materials and manufacturing processes focus on reducing environmental impact. Biodegradable materials, recycled plastics, and energy-efficient production methods are being adopted to create more sustainable card solutions. Contactless smart card design and user interface innovations aim to improve the overall user experience. This includes customizable card designs, intuitive user interfaces, and seamless integration with digital platforms for card management and transaction monitoring.

The Mexican Online Sales Association estimates that the domestic e-commerce sector was worth USD 19.7 billion in 2021, an increase of 27% over 2020. In 2021, there were 57.5 million users of Mexican eCommerce, up 11% from the previous year. In 2020, women made up 51% of Mexican eCommerce users. Similarly, as per the International Trade Administration, in 2022, there were more than 27 million e-commerce users in Canada, or 75% of the population. By 2025, this percentage is projected to increase to 77.6%. Hence, the factors mentioned above will drive the regional market growth.

Based on Functionality, the market is segmented into Transaction and Security & Access Control. Based on Type, the market is segmented into MPU Microprocessor and Memory. Based on Industry Vertical, the market is segmented into BFSI, Retail, Transportation & Logistics, Hospitality, Healthcare, Media & Entertainment, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Sony Corporation
  • Watchdata Co., Ltd.
  • Infineon Technologies AG
  • IDEMIA SAS (Advent International, Inc.)
  • NXP Semiconductors N.V.
  • Thales Group S.A.
  • HID Global Corporation (Assa Abloy AB)
  • STMicroelectronics N.V.
  • CardLogix Corporation
  • CPI Card Group Inc. (Parallel49 Equity)

North America Contactless Smart Cards Market Report Segmentation

By Functionality

  • Transaction
  • Security & Access Control

By Type

  • MPU Microprocessor
  • Memory

By Industry Vertical

  • BFSI
  • Retail
  • Transportation & Logistics
  • Hospitality
  • Healthcare
  • Media & Entertainment
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1.Market Scope & Methodology

  • 1.1Market Definition
  • 1.2Objectives
  • 1.3Market Scope
  • 1.4Segmentation
    • 1.4.1North America Contactless Smart Cards Market, by Functionality
    • 1.4.2North America Contactless Smart Cards Market, by Type
    • 1.4.3North America Contactless Smart Cards Market, by Industry Vertical
    • 1.4.4North America Contactless Smart Cards Market, by Country
  • 1.5Methodology for the research

Chapter 2.Market at a Glance

  • 2.1Key Highlights

Chapter 3.Market Overview

  • 3.1Introduction
    • 3.1.1Overview
      • 3.1.1.1Market Composition and Scenario
  • 3.2Key Factors Impacting the Market
    • 3.2.1Market Drivers
    • 3.2.2Market Opportunities
    • 3.2.3Market Restraints
    • 3.2.4Market Challenges

Chapter 4.Competition Analysis - Global

  • 4.1KBV Cardinal Matrix
  • 4.2Recent Industry Wide Strategic Developments
    • 4.2.1Partnerships, Collaborations and Agreements
    • 4.2.2Product Launches and Product Expansions
    • 4.2.3Acquisition and Mergers
  • 4.3Top Winning Strategies
    • 4.3.1Key Leading Strategies: Percentage Distribution (2020-2024)
    • 4.3.2Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jan - 2023, Feb) Leading Players
  • 4.4Porter Five Forces Analysis

Chapter 5.North America Contactless Smart Cards Market by Functionality

  • 5.1North America Transaction Market by Region
  • 5.2North America Security & Access Control Market by Region

Chapter 6.North America Contactless Smart Cards Market by Type

  • 6.1North America MPU Microprocessor Market by Country
  • 6.2North America Memory Market by Country

Chapter 7.North America Contactless Smart Cards Market by Industry Vertical

  • 7.1North America BFSI Market by Country
  • 7.2North America Retail Market by Country
  • 7.3North America Transportation & Logistics Market by Country
  • 7.4North America Hospitality Market by Country
  • 7.5North America Healthcare Market by Country
  • 7.6North America Media & Entertainment Market by Country
  • 7.7North America Others Market by Country

Chapter 8.North America Contactless Smart Cards Market by Country

  • 8.1US Contactless Smart Cards Market
    • 8.1.1US Contactless Smart Cards Market by Functionality
    • 8.1.2US Contactless Smart Cards Market by Type
    • 8.1.3US Contactless Smart Cards Market by Industry Vertical
  • 8.2Canada Contactless Smart Cards Market
    • 8.2.1Canada Contactless Smart Cards Market by Functionality
    • 8.2.2Canada Contactless Smart Cards Market by Type
    • 8.2.3Canada Contactless Smart Cards Market by Industry Vertical
  • 8.3Mexico Contactless Smart Cards Market
    • 8.3.1Mexico Contactless Smart Cards Market by Functionality
    • 8.3.2Mexico Contactless Smart Cards Market by Type
    • 8.3.3Mexico Contactless Smart Cards Market by Industry Vertical
  • 8.4Rest of North America Contactless Smart Cards Market
    • 8.4.1Rest of North America Contactless Smart Cards Market by Functionality
    • 8.4.2Rest of North America Contactless Smart Cards Market by Type
    • 8.4.3Rest of North America Contactless Smart Cards Market by Industry Vertical

Chapter 9.Company Profiles

  • 9.1Sony Corporation
    • 9.1.1Company Overview
    • 9.1.2Financial Analysis
    • 9.1.3Segmental and Regional Analysis
    • 9.1.4Research & Development Expenses
    • 9.1.5SWOT Analysis
  • 9.2Watchdata Co., Ltd.
    • 9.2.1Company Overview
    • 9.2.2Recent strategies and developments:
      • 9.2.2.1Partnerships, Collaborations, and Agreements:
    • 9.2.3SWOT Analysis
  • 9.3Infineon Technologies AG
    • 9.3.1Company Overview
    • 9.3.2Financial Analysis
    • 9.3.3Segmental and Regional Analysis
    • 9.3.4Research & Development Expense
    • 9.3.5Recent strategies and developments:
      • 9.3.5.1Partnerships, Collaborations, and Agreements:
      • 9.3.5.2Acquisition and Mergers:
    • 9.3.6SWOT Analysis
  • 9.4IDEMIA SAS (Advent International, Inc.)
    • 9.4.1Company Overview
    • 9.4.2Recent strategies and developments:
      • 9.4.2.1Partnerships, Collaborations, and Agreements:
      • 9.4.2.2Product Launches and Product Expansions:
      • 9.4.2.3Acquisition and Mergers:
    • 9.4.3SWOT Analysis
  • 9.5NXP Semiconductors N.V.
    • 9.5.1Company Overview
    • 9.5.2Financial Analysis
    • 9.5.3Regional Analysis
    • 9.5.4Research & Development Expense
    • 9.5.5SWOT Analysis
  • 9.6Thales Group S.A.
    • 9.6.1Company Overview
    • 9.6.2Financial Analysis
    • 9.6.3Segmental and Regional Analysis
    • 9.6.4Research & Development Expenses
    • 9.6.5Recent strategies and developments:
      • 9.6.5.1Partnerships, Collaborations, and Agreements:
    • 9.6.6SWOT Analysis
  • 9.7HID Global Corporation (Assa Abloy AB)
    • 9.7.1Company Overview
    • 9.7.2Financial Analysis
    • 9.7.3Segmental and Regional Analysis
    • 9.7.4Research & Development Expense
    • 9.7.5Recent strategies and developments:
      • 9.7.5.1Partnerships, Collaborations, and Agreements:
      • 9.7.5.2Acquisition and Mergers:
    • 9.7.6SWOT Analysis
  • 9.8STMicroelectronics N.V.
    • 9.8.1Company Overview
    • 9.8.2Financial Analysis
    • 9.8.3Segmental and Regional Analysis
    • 9.8.4Research & Development Expense
    • 9.8.5SWOT Analysis
  • 9.9CardLogix Corporation
    • 9.9.1Company Overview
    • 9.9.2SWOT Analysis
  • 9.10.CPI Card Group Inc. (Parallel49 Equity)
    • 9.10.1Company Overview
    • 9.10.2Financial Analysis
    • 9.10.3Segmental Analysis
    • 9.10.4SWOT Analysis

LIST OF TABLES

  • TABLE 1North America Contactless Smart Cards Market, 2020 - 2023, USD Million
  • TABLE 2North America Contactless Smart Cards Market, 2024 - 2031, USD Million
  • TABLE 3Partnerships, Collaborations and Agreements- Contactless Smart Cards Market
  • TABLE 4Product Launches And Product Expansions- Contactless Smart Cards Market
  • TABLE 5Acquisition and Mergers- Contactless Smart Cards Market
  • TABLE 6North America Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
  • TABLE 7North America Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
  • TABLE 8North America Transaction Market by Region, 2020 - 2023, USD Million
  • TABLE 9North America Transaction Market by Region, 2024 - 2031, USD Million
  • TABLE 10North America Security & Access Control Market by Region, 2020 - 2023, USD Million
  • TABLE 11North America Security & Access Control Market by Region, 2024 - 2031, USD Million
  • TABLE 12North America Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
  • TABLE 13North America Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
  • TABLE 14North America MPU Microprocessor Market by Country, 2020 - 2023, USD Million
  • TABLE 15North America MPU Microprocessor Market by Country, 2024 - 2031, USD Million
  • TABLE 16North America Memory Market by Country, 2020 - 2023, USD Million
  • TABLE 17North America Memory Market by Country, 2024 - 2031, USD Million
  • TABLE 18North America Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
  • TABLE 19North America Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
  • TABLE 20North America BFSI Market by Country, 2020 - 2023, USD Million
  • TABLE 21North America BFSI Market by Country, 2024 - 2031, USD Million
  • TABLE 22North America Retail Market by Country, 2020 - 2023, USD Million
  • TABLE 23North America Retail Market by Country, 2024 - 2031, USD Million
  • TABLE 24North America Transportation & Logistics Market by Country, 2020 - 2023, USD Million
  • TABLE 25North America Transportation & Logistics Market by Country, 2024 - 2031, USD Million
  • TABLE 26North America Hospitality Market by Country, 2020 - 2023, USD Million
  • TABLE 27North America Hospitality Market by Country, 2024 - 2031, USD Million
  • TABLE 28North America Healthcare Market by Country, 2020 - 2023, USD Million
  • TABLE 29North America Healthcare Market by Country, 2024 - 2031, USD Million
  • TABLE 30North America Media & Entertainment Market by Country, 2020 - 2023, USD Million
  • TABLE 31North America Media & Entertainment Market by Country, 2024 - 2031, USD Million
  • TABLE 32North America Others Market by Country, 2020 - 2023, USD Million
  • TABLE 33North America Others Market by Country, 2024 - 2031, USD Million
  • TABLE 34North America Contactless Smart Cards Market by Country, 2020 - 2023, USD Million
  • TABLE 35North America Contactless Smart Cards Market by Country, 2024 - 2031, USD Million
  • TABLE 36US Contactless Smart Cards Market, 2020 - 2023, USD Million
  • TABLE 37US Contactless Smart Cards Market, 2024 - 2031, USD Million
  • TABLE 38US Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
  • TABLE 39US Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
  • TABLE 40US Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
  • TABLE 41US Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
  • TABLE 42US Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
  • TABLE 43US Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
  • TABLE 44Canada Contactless Smart Cards Market, 2020 - 2023, USD Million
  • TABLE 45Canada Contactless Smart Cards Market, 2024 - 2031, USD Million
  • TABLE 46Canada Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
  • TABLE 47Canada Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
  • TABLE 48Canada Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
  • TABLE 49Canada Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
  • TABLE 50Canada Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
  • TABLE 51Canada Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
  • TABLE 52Mexico Contactless Smart Cards Market, 2020 - 2023, USD Million
  • TABLE 53Mexico Contactless Smart Cards Market, 2024 - 2031, USD Million
  • TABLE 54Mexico Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
  • TABLE 55Mexico Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
  • TABLE 56Mexico Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
  • TABLE 57Mexico Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
  • TABLE 58Mexico Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
  • TABLE 59Mexico Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
  • TABLE 60Rest of North America Contactless Smart Cards Market, 2020 - 2023, USD Million
  • TABLE 61Rest of North America Contactless Smart Cards Market, 2024 - 2031, USD Million
  • TABLE 62Rest of North America Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
  • TABLE 63Rest of North America Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
  • TABLE 64Rest of North America Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
  • TABLE 65Rest of North America Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
  • TABLE 66Rest of North America Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
  • TABLE 67Rest of North America Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
  • TABLE 68Key Information - Sony Corporation
  • TABLE 69key Information - Watchdata Co., Ltd.
  • TABLE 70Key Information - Infineon Technologies AG
  • TABLE 71Key Information - IDEMIA SAS
  • TABLE 72Key Information - NXP Semiconductors N.V.
  • TABLE 73Key Information - Thales Group S.A.
  • TABLE 74Key Information - HID Global Corporation
  • TABLE 75Key Information - STMicroelectronics N.V.
  • TABLE 76Key Information - CardLogix Corporation
  • TABLE 77Key Information - CPI Card Group Inc.
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