Outlook of Smart Card Market in the Government Sector Report During 2016-2020
- Written by Pitch Engine
Global Smart Card Market in the Government Sector 2016-2020 report is the latest addition to Sandlerresearch.org industry research reports collection, with advances in technology, a number of vendors are offering multi-application smart cards. Multi-application smart cards are a combination of contactless and contact interfaces in a single card. They have shared storage and information processing and eliminate the need to carry multiple cards for different applications. By 2020, the government of India will implement the use of multi-application smart cards for national IDs and e-purses.
The analysts forecast global smart card market in the government sector to grow at a CAGR of 10.69% during the period 2016-2020.
In the government sector, smart cards are used for authentication. These cards store data and information of users such as biometric data and bank account details. Some governments, such as that of Turkey, have implemented the use of smart card driving licenses that keep a record of driving offenses and unpaid fines. Smart cards are used to store confidential medical information such as blood type, allergies, and biometric data.
The report, Global Smart Card Market in the Government Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key players in the Global Smart Card Market in the Government Sector: Gemalto NV, Giesecke & Devrient GmbH, Oberthur Technologies, Safran SA, and Watchdata Technologies. Other Prominent Vendors in the market are: Advanced Card Systems, CardLogix, Entrust DataCard, and Infineon Technologies
Further, the report states that the high initial deployment and replacement cost of smart cards in some regions is a major challenge for the smart card market.
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List of Exhibits
Exhibit 01: Overview of global smart card market in government sectorExhibit 02: Working flow of smart cardsExhibit 03: Global smart card market 2015-2020 ($ billions)Exhibit 04: Global unit shipment of smart cards 2015-2020 (billions of units)Exhibit 05: Revenue of smart cards in government sector in global smart card market 2015-2020 (% share)Exhibit 06: Unit shipment of smart cards in government sector in global smart card market 2015-2020 (% share)Exhibit 07: Global smart card market in government sector 2015-2020 ($ billions)Exhibit 08: Global unit shipment of smart cards in government sector 2015-2020 (millions of units)Exhibit 09: Life cycle analysisExhibit 10: Segmentation of global smart card market in government sector by geography 2015-2020 (% share) and more..
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