Global demand for smart cards will grow eleven percent yearly through 2006, driven by migration of debit/credit cards to chip cards to reduce the fraud associated with magnetic stripe cards. The fastest growth will occur in Asia, North America and Eastern Europe, with production remaining concentrated in Western Europe.
This study analyzes the US$4.7 billion world smart card industry. It presents historical data (1992, 1996 and 2001) and forecasts to 2006 and 2011 by application (e.g., retailing/stored value, banking and finance, electronic commerce, telecom/payphone cards, broadcast/multimedia, automatic identification and security, government/institutional); by world region and for 17 countries.
The study also examines the market environment, reviews technology, details industry structure and market share, and profiles 35 industry participants including American Express, Gemplus, Ingenico, Oberthur Card Systems, Philips Electronics, Sun Microsystems, Visa International, and VeriFone.