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SIM Cards, Banking and Payment, Government and ID Application Segments to Spur Uptake
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Increased efficiency and security offered by smart cards continues to drive adoption of smart cards globally. While SIM cards and banking and payment application constitute a major portion of smart card applications, increased demand for secure identification is driving the growth of smart cards for Government ID projects. In this report, Frost & Sullivan estimates the global smart card market, forecasting the expected unit shipment and revenue growth of smart cards for four main applications: telecom, banking and payment, government and transportation across North America, Europe, Latin America, Asia-Pacific, Africa, and the Middle East.
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