Enjoy complimentary customisation on priority with our Enterprise License!
The smart card IC market size is forecast to increase by USD 1.45 billion at a CAGR of 5.15% between 2023 and 2028. The market is experiencing significant growth, driven by several key factors. Among these, the growing demand for electronic ID cards is a major catalyst. As governments and organizations increasingly prioritize security and convenience, the adoption of electronic ID cards is on the rise. Another trend is the demand for dual-interface cards, which offer both contact and contactless functionality. This flexibility caters to a wider range of applications and user preferences. Furthermore, the growing use of mobile wallets is fueling the market, as smart cards are increasingly being integrated into these systems for secure and convenient transactions. These trends are shaping the market, presenting both opportunities and challenges for market participants.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by CPU Architecture
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.