INDIA SMART CARD MARKET

INTRODUCTION

People's lives have gotten more pleasant since the advent of smart cards. People today have more options when it comes to banking and other services.

Smart cards are also gradually replacing paper and magnetic stripe cards, as well as making inroads into hitherto untouched markets. In the future years, these factors are projected to propel the industry forward.

A smart card is a physical card with an integrated chip that functions as a security token. Smart cards are usually the same size as a driver's licence or credit card and are available in metal or plastic.

The smart card industry in India is anticipated to develop steadily. The fast-paced lifestyles of urban cities sustain the need for the goods, which necessitates products that facilitate such a lifestyle.

Consumer preferences for automation and modern digital technology are changing the working dynamics of numerous businesses.The advancement of IoT and automation technologies is propelling the smart card industry forward. Visa, MasterCard, and Europay are just a few examples of smart cards.

INDIA SMART CARD MARKETSIZE AND FORECAST

The India Smart Card Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

NEW PRODUCT LAUNCH

IDEMIA, a developer of augmented identification technology, plans to test its new biometric cards -the F.CODE Gen2 for IDEMIA in India.

The technology is being rolled out in India after IDEMIA partnered with Swedish challenger bank Rocker to deliver its F.CODE biometric payment cards to the Swedish market.

Following the success of the Aadhar card (an Indian government-issued identity card), the F.CODE cards will allow cardholders to make secure contactless payments using their fingerprints.

COMPANY PROFILE

• Smart Card IT Solutions Limited
• Infineon Technologies
• Samsung Semiconductor
• Bartronics
• STMicroelectronics
• NXP Semiconductors
• iD smart card creations pvt. Ltd.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per India Smart Card Market right now and how will it change in next 5-6 years?
2. Average cost to set up a India Smart Card Market?
3. How many India Smart Card Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of a India Smart Card Market and key vendor selection criteria
6. Where is theIndia Smart Card Market manufactured? What is the average margin per equipment?
7. Market share of India Smart Card Market manufacturers and their upcoming products
8. The most important planned India Smart Card Market in next 2 years
9. Details on network of major India Smart Card Market and pricing plans
10. Cost advantage for OEMs who manufacture India Smart Card Market in-house
11. 5 key predictions for next 5 years in India Smart Card Market
12. Average B-2-B India Smart Card Market price in all segments
13. Latest trends in India Smart Card Market, by every market segment
14. The market size (both volume and value) of India Smart Card Market in 2022-2027 and every year in between?
15. Global production breakup of India Smart Card Market, by suppliers and their OEM relationship