Lucintel Forecasts the Global Smart card IC Market to Reach $4.2 billion by 2030
Lucintel Forecasts the Global Smart card IC Market to Reach $4.2 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global smart card IC market looks promising with opportunities in the e-government, telecommunication, transportation, and payment & banking markets. The global smart card IC market is expected to reach an estimated $4.2 billion by 2030 from $3.2 billion in 2024, at a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are rising need for enhanced data security and increasing adoption of contactless payment solutions.
A more than 150-page report to understand trends, opportunity and forecast in smart card IC market to 2030 by card type (microcontroller and memory), type of interface (contact, contactless, and others), end use (e-government, telecommunication, transportation, payment & banking, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that microcontroller will remain larger segment over the forecast period.
Download sample by clicking on smart card IC market
Within this market, telecommunication will remain the largest segment.
Infineon Technologies, NXP Semiconductor, Samsung, STMicroelectronics, CEC Huada Electronic Design, EM Microelectronic-Marin, On Semiconductor are the major suppliers in the smart card IC market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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