Global Dual Interface Smart Card Market to Grow 1.8X by 2030

Dual Interface Smart Card Market research study provides an extensive information of important participants, such as suppliers, manufacturers, distributors, traders, consumers, investors, etc. Dual Interface Smart Card Market study depicts an in-depth analysis on the current status of Dual Interface Smart Card Market that consists of important types, and end uses. The data type of the Dual Interface Smart Card Market study contains market revenue, import, export, progress rate, consumption, etc. Further, the study focuses on the prominent and emerging regional and global trends contributing to the growth of the global Dual Interface Smart Card Market over the stipulated timeframe.

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The telecommunications industry accounts for a majority share in the dual interface smart card market. Mounting demand for customized and more secured smart cards with automatic updating properties has resulted will create numerous market opportunities for dynamic operating system dual interface smart cards over the forecast period.

With more number of retail stores and clubs adopting customer loyalty programs as part of their marketing strategy, the dual interface smart card market will see increasing opportunities over the coming years. Microprocessor-based dual interface smart cards are gaining popularity as a result of the surging e-Commerce and telecom industry.

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According to a new Fact.MR study, the dual interface smart card market is poised to progress at a value CAGR of 6%, and is expected to create an absolute $ opportunity of US$ 8 Bn by 2030-end.

Dual interface smart card market

Dual Interface Smart Card Market: Segmentation

Fact.MR has studied the dual interface smart card market with detailed segmentation on the basis of substrate, embedded chip, operating system, application, and region.

Substrate Embedded Chip Operating System Application Region
PVC Microprocessors Fixed File Structure SIM Cards and Telecommunications North America
Composite I2C Straight Memory Cards Dynamic Application System Loyalty and Stored Value Latin America
PC Paper Stored Value Memory Cards   Securing Digital Content and Physical Assets Europe
Teslin/ Synthetic Paper Protected Segment Memory Cards   e-Commerce East Asia
Others Serial Data Flash   Bank Issued Smart Cards South Asia & Oceania
      Healthcare Informatics MEA
  Embedded Medical Device Control
      Enterprise and Network Security

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Key Players to Focus on Product Innovation and Regional Expansion

Prominent players in the dual interface smart card market include American Banknote Corporation, Bartronics India Limited, Cardcom Technology, CardLogix Corporation, CPI Card Group, Eastcompeace Technology Co., Ltd, Giesecke & Devrient (G&D) GmbH, GOLDPAC Group, Hengbao Co. Ltd., IDEMIA, Infineon Technologies AG, Ingenico Group, Inteligensa Group, Kona I Co., Ltd., NXP Semiconductors N.V., Perfect Plastic Printing Corporation, Identiv, Inc., Square, Inc., Thales Group, VALID, VeriFone Systems, Inc., Watchdata, and Wuhan Tianyu Information Industry Co., Ltd.  Key players are adopting aggressive growth strategies for establishing their presence in regional and the global market. These players are also focusing on product innovation and capacity expansion to meet increasing demand related to associated application usage.

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