Global Banking and Financial Smart Cards Market Growth of 9.74% CAGR - Analysis, Prospects, Technologies Report 2016-2020 - Key Vendors: CardLogix, DataCard, HID Global

Mar 04, 2016, 13:10 ET from Research and Markets

DUBLIN, March 4, 2016 /PRNewswire/ --

Research and Markets ( 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:

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Companies Mentioned:

  • Gemalto
  • Giesecke & Devrient
  • Morpho
  • Oberthur Technologies
  • American Express
  • ARM
  • Bell ID
  • CardLogix
  • DataCard
  • HID Global
  • Infineon Technologies
  • MasterCard
  • Smart Card IT Solutions
  • Visa

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

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SOURCE Research and Markets