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PUBLISHER: KBV Research | PRODUCT CODE: 1462157
PUBLISHER: KBV Research | PRODUCT CODE: 1462157
Europe Contactless Smart Cards Market Size, Share & Trends Analysis Report By Functionality (Transaction and Security & Access Control), By Type the (MPU Microprocessor and Memory), By Industry Vertical, By Country and Growth Forecast, 2024 - 2031
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The Europe Contactless Smart Cards Market would witness market growth of 7.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Contactless Smart Cards Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,041.8 million by 2031. The UK market is exhibiting a CAGR of 7.5% during (2024 - 2031). Additionally, The France market would experience a CAGR of 7.1% during (2024 - 2031).
Retailers leverage contactless smart cards for loyalty programs, gift cards, membership cards, and customer engagement initiatives. These cards enable seamless redemption of rewards, discounts, and promotional offers at checkout, fostering customer loyalty and increasing sales. These smart cards are used for event ticketing and access control at concerts, sports events, conferences, and entertainment venues. They provide a secure and efficient way to manage ticket distribution, prevent counterfeiting, and enhance the overall attendee experience through quick entry and exit.
Governments utilize these cards for citizen identification, social welfare programs, voter registration, driver's licenses, and e-government services. These cards facilitate secure access to government facilities, online portals, and digital resources, enhancing administrative efficiency and reducing fraud. Contactless smart card technology is integrated into mobile devices (e.g., smartphones, tablets) and wearables (e.g., smartwatches, fitness trackers) to enable mobile payments, access control, and identification. This integration enhances convenience for users who can tap their devices to make payments or access services without needing physical cards.
The UK has been at the forefront of contactless payment adoption, with widespread acceptance among consumers and merchants. The UK has a robust technological infrastructure that supports the widespread adoption of contactless smart cards. The UK banking sector is known for innovating and adopting new payment technologies. According to the UK Government, the UK's financial services sector is one of the world's most open, innovative, and dynamic. The United Kingdom represents 11% of the global fintech industry. It is home to an estimated 2,500 fintech companies, with six of the top ten in London. Thus, all these factors will uplift the regional market's expansion in the coming years.
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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)
Europe 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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Europe Contactless Smart Cards Market, by Functionality
- 1.4.2Europe Contactless Smart Cards Market, by Type
- 1.4.3Europe Contactless Smart Cards Market, by Industry Vertical
- 1.4.4Europe 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
- 3.1.1Overview
- 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.Europe Contactless Smart Cards Market by Functionality
- 5.1Europe Transaction Market by Country
- 5.2Europe Security & Access Control Market by Country
Chapter 6.Europe Contactless Smart Cards Market by Type
- 6.1Europe MPU Microprocessor Market by Country
- 6.2Europe Memory Market by Country
Chapter 7.Europe Contactless Smart Cards Market by Industry Vertical
- 7.1Europe BFSI Market by Country
- 7.2Europe Retail Market by Country
- 7.3Europe Transportation & Logistics Market by Country
- 7.4Europe Hospitality Market by Country
- 7.5Europe Healthcare Market by Country
- 7.6Europe Media & Entertainment Market by Country
- 7.7Europe Others Market by Country
Chapter 8.Europe Contactless Smart Cards Market by Country
- 8.1Germany Contactless Smart Cards Market
- 8.1.1Germany Contactless Smart Cards Market by Functionality
- 8.1.2Germany Contactless Smart Cards Market by Type
- 8.1.3Germany Contactless Smart Cards Market by Industry Vertical
- 8.2UK Contactless Smart Cards Market
- 8.2.1UK Contactless Smart Cards Market by Functionality
- 8.2.2UK Contactless Smart Cards Market by Type
- 8.2.3UK Contactless Smart Cards Market by Industry Vertical
- 8.3France Contactless Smart Cards Market
- 8.3.1France Contactless Smart Cards Market by Functionality
- 8.3.2France Contactless Smart Cards Market by Type
- 8.3.3France Contactless Smart Cards Market by Industry Vertical
- 8.4Russia Contactless Smart Cards Market
- 8.4.1Russia Contactless Smart Cards Market by Functionality
- 8.4.2Russia Contactless Smart Cards Market by Type
- 8.4.3Russia Contactless Smart Cards Market by Industry Vertical
- 8.5Spain Contactless Smart Cards Market
- 8.5.1Spain Contactless Smart Cards Market by Functionality
- 8.5.2Spain Contactless Smart Cards Market by Type
- 8.5.3Spain Contactless Smart Cards Market by Industry Vertical
- 8.6Italy Contactless Smart Cards Market
- 8.6.1Italy Contactless Smart Cards Market by Functionality
- 8.6.2Italy Contactless Smart Cards Market by Type
- 8.6.3Italy Contactless Smart Cards Market by Industry Vertical
- 8.7Rest of Europe Contactless Smart Cards Market
- 8.7.1Rest of Europe Contactless Smart Cards Market by Functionality
- 8.7.2Rest of Europe Contactless Smart Cards Market by Type
- 8.7.3Rest of Europe 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 1Europe Contactless Smart Cards Market, 2020 - 2023, USD Million
- TABLE 2Europe 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 6Europe Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
- TABLE 7Europe Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
- TABLE 8Europe Transaction Market by Country, 2020 - 2023, USD Million
- TABLE 9Europe Transaction Market by Country, 2024 - 2031, USD Million
- TABLE 10Europe Security & Access Control Market by Country, 2020 - 2023, USD Million
- TABLE 11Europe Security & Access Control Market by Country, 2024 - 2031, USD Million
- TABLE 12Europe Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
- TABLE 13Europe Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
- TABLE 14Europe MPU Microprocessor Market by Country, 2020 - 2023, USD Million
- TABLE 15Europe MPU Microprocessor Market by Country, 2024 - 2031, USD Million
- TABLE 16Europe Memory Market by Country, 2020 - 2023, USD Million
- TABLE 17Europe Memory Market by Country, 2024 - 2031, USD Million
- TABLE 18Europe Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 19Europe Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 20Europe BFSI Market by Country, 2020 - 2023, USD Million
- TABLE 21Europe BFSI Market by Country, 2024 - 2031, USD Million
- TABLE 22Europe Retail Market by Country, 2020 - 2023, USD Million
- TABLE 23Europe Retail Market by Country, 2024 - 2031, USD Million
- TABLE 24Europe Transportation & Logistics Market by Country, 2020 - 2023, USD Million
- TABLE 25Europe Transportation & Logistics Market by Country, 2024 - 2031, USD Million
- TABLE 26Europe Hospitality Market by Country, 2020 - 2023, USD Million
- TABLE 27Europe Hospitality Market by Country, 2024 - 2031, USD Million
- TABLE 28Europe Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 29Europe Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 30Europe Media & Entertainment Market by Country, 2020 - 2023, USD Million
- TABLE 31Europe Media & Entertainment Market by Country, 2024 - 2031, USD Million
- TABLE 32Europe Others Market by Country, 2020 - 2023, USD Million
- TABLE 33Europe Others Market by Country, 2024 - 2031, USD Million
- TABLE 34Europe Contactless Smart Cards Market by Country, 2020 - 2023, USD Million
- TABLE 35Europe Contactless Smart Cards Market by Country, 2024 - 2031, USD Million
- TABLE 36Germany Contactless Smart Cards Market, 2020 - 2023, USD Million
- TABLE 37Germany Contactless Smart Cards Market, 2024 - 2031, USD Million
- TABLE 38Germany Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
- TABLE 39Germany Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
- TABLE 40Germany Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
- TABLE 41Germany Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
- TABLE 42Germany Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 43Germany Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 44UK Contactless Smart Cards Market, 2020 - 2023, USD Million
- TABLE 45UK Contactless Smart Cards Market, 2024 - 2031, USD Million
- TABLE 46UK Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
- TABLE 47UK Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
- TABLE 48UK Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
- TABLE 49UK Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
- TABLE 50UK Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 51UK Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 52France Contactless Smart Cards Market, 2020 - 2023, USD Million
- TABLE 53France Contactless Smart Cards Market, 2024 - 2031, USD Million
- TABLE 54France Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
- TABLE 55France Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
- TABLE 56France Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
- TABLE 57France Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
- TABLE 58France Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 59France Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 60Russia Contactless Smart Cards Market, 2020 - 2023, USD Million
- TABLE 61Russia Contactless Smart Cards Market, 2024 - 2031, USD Million
- TABLE 62Russia Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
- TABLE 63Russia Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
- TABLE 64Russia Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
- TABLE 65Russia Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
- TABLE 66Russia Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 67Russia Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 68Spain Contactless Smart Cards Market, 2020 - 2023, USD Million
- TABLE 69Spain Contactless Smart Cards Market, 2024 - 2031, USD Million
- TABLE 70Spain Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
- TABLE 71Spain Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
- TABLE 72Spain Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
- TABLE 73Spain Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
- TABLE 74Spain Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 75Spain Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 76Italy Contactless Smart Cards Market, 2020 - 2023, USD Million
- TABLE 77Italy Contactless Smart Cards Market, 2024 - 2031, USD Million
- TABLE 78Italy Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
- TABLE 79Italy Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
- TABLE 80Italy Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
- TABLE 81Italy Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
- TABLE 82Italy Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 83Italy Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 84Rest of Europe Contactless Smart Cards Market, 2020 - 2023, USD Million
- TABLE 85Rest of Europe Contactless Smart Cards Market, 2024 - 2031, USD Million
- TABLE 86Rest of Europe Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
- TABLE 87Rest of Europe Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
- TABLE 88Rest of Europe Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
- TABLE 89Rest of Europe Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
- TABLE 90Rest of Europe Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 91Rest of Europe Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 92Key Information - Sony Corporation
- TABLE 93key Information - Watchdata Co., Ltd.
- TABLE 94Key Information - Infineon Technologies AG
- TABLE 95Key Information - IDEMIA SAS
- TABLE 96Key Information - NXP Semiconductors N.V.
- TABLE 97Key Information - Thales Group S.A.
- TABLE 98Key Information - HID Global Corporation
- TABLE 99Key Information - STMicroelectronics N.V.
- TABLE 100Key Information - CardLogix Corporation
- TABLE 101Key Information - CPI Card Group Inc.
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