DUBLIN, March 4, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/f47rhd/global_banking) has announced the addition of the "Global Banking and Financial Smart Cards Market 2016-2020" report to their offering.
The global banking and financial smart cards market is set to grow at a CAGR of 9.74% during the 2016-2020 period.
According to the report, strong need to reduce identity duplication is one of the major growth drivers of the market. With a rise in the rate of fraudulent activities that are occurring, a solution that will reduce security risks is required. The data available in smart cards is difficult to decode, and therefore smart cards have a higher adoption in the BFSI sector worldwide.
Further, the report states that the price of smart cards is remarkably high in regions where there are fewer vendors. At the same time, price wars in the market are increasing in regions where the market is fragmented. These price wars are resulting in a reduction in the cost of smart cards, which is adversely affecting small core players, as well as the revenue of the global banking and payment smart cards market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Questions Answered:
Companies Mentioned:
Report Structure:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Global banking and financial smart cards market
PART 07: Market segmentation by technology
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Five forces analysis
PART 14: Key vendor analysis
PART 15: Appendix
PART 16: About Author
For more information visit http://www.researchandmarkets.com/research/f47rhd/global_banking
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SOURCE Research and Markets
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