Global smart card IC market to grow at a CAGR of 8.22% during the period 2017-2021

A smart card is a plastic card that is embedded with an integrated circuit (IC). Smart cards are usually manufactured from plastic, namely, polyvinyl chloride (PVC). They are also made from polyesters or polycarbonates. There are two types of smart cards: contact-based smart cards and contactless cards. In a contact-based smart card, the card comes in contact with a physical reader. In a contactless card, a transaction is established through a remote contactless radio frequency interface.

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Covered in this report 
The report covers the present scenario and the growth prospects of the global smart card IC market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography: 
• Americas
• APAC
• EMEA

Global Smart Card IC Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The 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.

Key vendors 
• Infineon Technologies
• NXP Semiconductors
• SAMSUNG
• STMicroelectronics

Other prominent vendors 
• Atmel
• EM Microelectronic-Marin
• ON Semiconductor
• Renesas Electronics
• Shanghai HuaHong Integrated Circuit

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Market driver 
• Increase in number of financial frauds
• For a full, detailed list, view our report

Market challenge 
• Growth of net banking and mobile wallets
• For a full, detailed list, view our report