Companiesandmarkets.com has recently compiled a new report on the global future of the smart card market detailing the futures specifically in the U.S., Canada, Brazil, Russia, France, India, China, South Korea, South Africa and the UK. The report details the global as well as country-specific smart card markets.
The report found that the telecom industry has the highest demand for smart cards with South Africa showing the largest potential. Asian countries also show much potential for growth, however, are currently deterred by high implementation costs. Additionally, it is believed that the expansion of smart card applications will drive the future market; specifically in the mobile device, banking and biometrics markets.
The research goes on to address a number of additional issues and questions about the future of the market including identifying and analyzing the key companies involved in the industry and looking at potential challenges and opportunities that lie ahead.