Government ID, Smart Cards, Identification and Authentication

Report: EMV standards to drive smart card market

Friday, June 25, 2010

RNCOS has released a report predicting the Europay, MasterCard and Visa (EMV) standard will lead to “robust growth” in the smart card market.

The report, titled “Smart Card Market Forecast to 2012,” also predicts a surge in the telecom and financial/retail/loyalty sectors, with unit shipments of applications growing at a Compound Annual Growth Rate of approximately 13% and 17% respectively during 2010-2012.

The report is divided into analysis by technology, applications, and country, including US, Canada, Korea, Japan, China, India, Malaysia, Indonesia, Australia, UK, Germany, UAE, Qatar, Oman, Bahrain and South Africa.

Also included is an overview of emerging market trends and their impact on the global market and prospective customer base, as well as an analysis of the strengths and weaknesses of industry’s main players.

Click here for a free sample of the report. [end] 

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