Eurosmart expects 7.7 billion smart secure devices and the contactless devices to ship in 2014. The European association released its 2013 report and 2014 predictions.
Shipment of smart devices for use in government application is small compared to telecommunication and banking but growing. Eurosmart predicts 400 million units will ship in 2014, a 14% increase from 2013.
“A driver is the increasing digitalization of government services and the corresponding legislation, for example, electronic passports, electronic vehicle registration card and electronic driving licenses, electronic health cards and electronic ID cards,” says Oyvind Rastad, Eurosmart’s reelected chairman. “The nascent needs for these e-credentials in areas with a fast- growing population – typically Asia – will ensure a steady growth in the coming years”.
Telecom and SIM cards will lead shipments with 5.1 billion units. This segment saw smaller growth in 2013 and is predicted to see a 5% increase in 2014. “While we had a slight drop in the SIM card market in 2013, mostly due to regulations in Asia requiring stricter proof of identity, the SIM card market is back to growth, with a forecast of 5.1 billion units to be shipped,” Oyvind Rastad, Eurosmart’s reelected chairman
Banking and the migration to EMV is the next largest segment with 1.8 billion units, a 16% increase from 2013. Within banking there will also be an increase in the number of contactless secure microcontrollers with 740 million units shipping in 2014, a 24% growth from 2013.
More than 250 million NFC Secure Elements shipped in 2013 and this same segment is expected to continue in 2014.