Government agencies promoting digitization present opportunities

Government agencies promoting digitization present opportunities
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Global Market for Smart Card ICs

Global Market for Smart Card ICs

Global Market for Smart Card ICs

Dublin, November 4, 2022 (GLOBE NEWSWIRE) — The Smart Card IC Market by Type (Microprocessor, Memory), Architecture (16-bit, 32-bit), Interface, Application (USIM/eSIM, ID Cards, Financial Cards), End User Industry (Telecom, BFSI), and Region – World forecast until 2027″ Report has been added to offering.

The global smart card IC market is projected to reach $3.9 billion by 2027 from an estimated $2.9 billion in 2022, at a CAGR of 6.3% from 2022 to 2027.

The growth of the smart card integrated circuits market can be attributed to the high demand for subscriber identity modules (SIMs), universal subscriber identity modules (USIMs), and integrated subscriber identity module (eSIM) cards; secure ID cards; and financial cards from the ever-growing population and a gradual shift towards digitization and electrification.

In 2022, the USIM/eSIM segment captured the largest share of the smart card IC market

In 2022, the USIM/eSIM segment captured the largest share of the smart card IC market, and a similar trend is likely to be seen throughout the forecast period. The growth of the segment can be attributed to the adoption of USIM/eSIM in consumer electronic devices such as smartphones, mobile phones, tablets and smart watches, as well as IoT devices. Several smartphone manufacturing companies are working on eSIM technology to integrate them with their latest series of smartphones. For example, Apple Inc. introduced eSIM technology in its 3rd generation iPad Pro, iPhone XS lineup, and will integrate eSIM into all iPhone 14 series product lines.

In 2022, the telecommunications end-user industry captured the largest share of the smart card IC market.

In 2022, the telecom end-user industry accounted for the largest size of the smart card IC market, and a similar trend is likely to be observed during the forecast period. The high growth can be attributed to technological developments such as the adoption of 3G, 4G and 5G technologies for fast and secure communication. Also, the appearance of eSIM in smartphones is expected to increase in the future. With the technological developments, products like smartphones, smart watches, wearables, are also evolving to be compatible with the latest technologies. This is stimulating demand for smart card integrated circuits.

In 2022, Europe held the second largest share of the overall smart card IC market.

Europe has witnessed a faster adoption of state-owned healthcare systems and health insurance than more developed countries around the world. The European Commission has mandated the use of smart cards as a replacement for paper E-111 forms for cross-border healthcare services, leading to the growth of the smart card IC market in Europe. In addition, the increasing adoption of contactless technology for retail transactions and access control is expected to accelerate the growth of the European smart card IC market. Thus, Europe held the second largest share of the overall smart card IC market in 2022.

Key Topics Covered:

1. Introduction

2 Research Methodology

3 Executive summary

4 premium perspectives
4.1 Attractive Opportunities for Smart Card IC Market Players
4.2 Smart Card IC Market, by Type
4.3 Smart Card IC Market, by Architecture
4.4 Smart Card IC Market, By Interface
4.5 Smart Card IC Market, by Application
4.6 Smart Card IC Market, by End User Industry
4.7 Smart Card Integrated Circuits Market, by Region
4.8 IC Smart Cards Market, by Country

5 Market Overview
5.1 Introduction
5.2 Market dynamics
5.2.1 Controllers Increasing use of Sims and Esims on smartphones Adoption of identification cards in various organizations and educational institutions Increase in contactless payments after the COVID-19 outbreak
5.2.2 Restrictions Data security issues related to Esims
5.2.3 Opportunities Government agencies promoting digitization Growing demand for advanced telematics and infotainment systems from the automotive sector Increased adoption of IoT by end-user industries
5.2.4 Challenges Global Supply Shortage of Semiconductor Chips
5.3 Value chain analysis
5.4 Ecosystem
5.5 Price analysis
5.6 Revenue Changes and New Revenue Pockets for Smart Card IC Market Players
5.7 Technology analysis
5.7.1 Key technologies Coil-on-module technology
5.7.2 Complementary technologies Near field communication technology Radio frequency technology Artificial intelligence technology
5.8 Emerging trends
5.8.1 Biometric cards
5.9 Porter’s five forces analysis
5.9.1 Intensity of Competitive Rivalry
5.9.2 Threat of Substitutes
5.9.3 Bargaining power of buyers
5.9.4 Bargaining power of suppliers
5.9.5 Threat of new entrants
5.10 Key stakeholders and purchasing criteria
5.10.1 Key stakeholders in the purchasing process
5.10.2 Purchase criteria
5.11 Case study analysis
5.12 Business Analysis
5.12.1 Import scenario
5.12.2 Export scenario
5.13 Patent Analysis
5.14 Conferences and key events, 2022-2023
5.15 Tariff Analysis
5.16 Standards and regulatory landscape
5.16.1 Regulatory Bodies, Government Agencies and Other Organizations North America Europe
5.16.2 Standards

6 Smart Card Integrated Circuits Market, By Type
6.1 Introduction
6.2 Microprocessor
6.2.1 Enable data addition, deletion and manipulation
6.3 Memory
6.3.1 Less expensive than microcontrollers

7 Smart Card Integrated Circuits Market, By Architecture
7.1 Introduction
7.2 16 bit
7.2.1 Offers high clock speed and wider data paths
7.3 32bit
7.3.1 Capable of storing large volumes of data

8 Smart Card Integrated Circuits Market, By Interface
8.1 Introduction
8.2 Contact interface
8.2.1 Contact with card reader necessary to facilitate reading
8.3 Contactless interface
8.3.1 Contactless cards use radio frequency to read data
8.4 Double interface
8.4.1 Combines features of contact and contactless interfaces

9 Smart Card IC Market, by Application
9.1 Introduction
9.2 Usims/Esims
9.2.1 Offer enhanced data security compared to traditional SIM cards
9.3 Identification cards
9.3.1 Employee Identification Employee identification smart cards used to secure access to physical facilities and computer systems and networks
9.3.2 Citizen Identification Captured the Most Share of Smart Card IC Market in 2021
9.3.3 Electronic passport Helps to reduce the circulation of false passports
9.3.4 Driving license Integrated smart chip licenses protect against document forgery
9.4 Financial Cards
9.4.1 Credit cards Credit card adoption to drive demand for smart card ICS
9.4.2 Debit Cards Contactless payments to meet demand for debit cards
9.5 IoT devices
9.5.1 Integrated circuits to raise the level of security and prevent unauthorized manipulation

10 Smart Card Integrated Circuits Market, By End User Industry
10.1 Introduction
10.2 Telecommunications
10.2.1 Widely uses smart card ICs in Usim cards
10.3 Bfsi
10.3.1 Bfsi First User of Smart Card Technology
10.4 Government and Health
10.4.1 Government initiatives to digitize documentation to drive smart card adoption
10.5 Transportation
10.5.1 Smart cards ensure a smooth flow of passengers on subway trains, buses, trolleybuses and other means of public transport
10.6 Education
10.6.1 Use smart cards to manage campus access and maintain student records
10.7 Retail
10.7.1 Use smart cards to acquire customer data
10.8 Others

11 Smart Card Integrated Circuits Market, by Region

12 Competitive Landscape
12.1 Summary
12.2 Market Assessment Framework
12.2.1 Product portfolio
12.2.2 Regional Approach
12.2.3 Manufacturing footprint
12.2.4 Organic/inorganic strategies
12.3 Market Share Analysis, 2021
12.4 Revenue Analysis – Top Five Companies (2017-2021)
12.5 Company Evaluation Quadrant
12.5.1 Stars
12.5.2 Emerging leaders
12.5.3 Ubiquitous Players
12.5.4 Participants
12.6 Scenarios and competitive trends
12.6.1 Product launches
12.6.2 Offers
12.6.3 Others

13 company profiles
13.1 Key players
13.1.1 Infineon Technologies AG
13.1.2 Semiconductors Nxp NV
13.1.3 Samsung Electronics Co. Ltd.
13.1.4 ST Microelectronics N.V.
13.1.5 Microchip Technology Incorporated (Atmel Corporation)
13.1.6 Cec Huada Electronic Design Co. Ltd.
13.1.7 Analog Devices, Inc.
13.1.8 Sony Group Corporation
13.1.9 Toshiba Corporation
13.1.10 ON Semiconductor Corporation
13.2 Other players
13.2.1 Shanghai Fudan Microelectronics Group Co. Ltd.
13.2.2 Watch Data Co. Ltd.
13.2.3 Incorporated Texas Instruments
13.2.4 Nations Technologies Inc.
13.2.5 Ziguang Tongxin Microelectronics Co. Ltd. (Tmc)
13.2.6 Kona I
13.2.7 Micron HT
13.2.8 Imatric LLC
13.2.9 ICTK Holdings Co. Ltd.
13.2.10 EM Microelectronics

14 Appendix

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