Smart Cards Market

Global Market Study on Smart Cards: North America to Remain Dominant Regional Market Through 2026

Smart Card Market Segmented By Contact, Contactless, Hybrid, Dual-Interface Type with Physical and Logical Access in Microcontroller, Memory Cards


With technological advancements in payment services, smart cards are manufactured to make payment options easier and more convenient. A smart card is usually made up of plastic with an integrated circuit chip embedded on it. Smart cards are used to exchange, store, and manipulate data. They offer several advantages to consumers, for instance, they are reusable, perform secure transactions, provide more security, and are more tough & dependable. Smart cards can be used in several sectors such as, government, telecommunication, retail, financials, transportation, and entertainment for conducting financial activities.

The primary factor driving the smart cards market in several regions and countries, especially in Europe, Japan, China, & Australia, is the adoption of smart ticketing. Nowadays, people are adopting the smart card technology while traveling to save time as well as increase their convenience. The smart card technology eliminates the queue system while collecting tickets.

Smart cards provide several benefits to commuters, which include reduction in travelling time and improvements in service efficiency. They also help governments and transport services collect the travel data of commuters. Due to the convenience of smart card payments, their usage can be extended to other areas of the transport market such as car parking, washing, servicing, and fueling.

Revenue generated by the global smart cards market is estimated to exhibit a single-digit CAGR, owing to which it is expected to reach US$ 20,041.7 Mn by 2026. On the basis of access of smart cards, the physical subsegment in the smart cards market is estimated to hold the largest share in 2026 and the logical segment is also expected to exhibit a single digit CAGR. On the basis of components, the microcontroller subsegment in the smart cards market is estimated to hold approximately 84.9% of market share in 2026.

Smart Cards Market

The smart cards market in North America is expected to witness the highest growth in the global market owing to the increasing adoption of digital payment options in several regions, especially Europe, North America, and APAC.

Find Out More about the Report Coverage


Companies Profile

  • mpetition Deep Dive
  • NXP Semiconductors N.V.
  • Infineon Technologies AG
  • Gemalto N.V.
  • Inside Secure SA
  • CPI Card Group Inc.
  • Giesecke & Devrient GmbH
  • WatchData Technologies Ltd.
  • BC Card
  • CardLogix Corporation
  • Others.

Some popular vendors contributing to the smart cards market are NXP Semiconductors N.V., Infineon Technologies AG, Gemalto N.V., Inside Secure SA, CPI Card Group Inc., Giesecke & Devrient GmbH, WatchData Technologies Ltd., BC Card, IDEMIA, and CardLogix C

On April 16, 2016, NXP Semiconductors N.V. and HID Global announced a strategic collaboration for developing secure access products for commercial buildings, hotels, and workplaces.

In 2015, Gemalto NV acquired the secure document business of Trub AG, a Switzerland-based company that provides identification solutions, such as high security polycarbonate documents, to governments and banks

Customize this Report

Explore Intelligence Tailored to Your Business Goals.

Key Segments Covered

Key Segments Covered:


  • By Type
    • Contact
    • Contactless
    • Hybrid
    • Dual-Interface
  • By End Use
    • Government
    • Healthcare
    • Transportation
    • Telecommunication
    • Financial Services, Retail and Loyalty
    • Entertainment
    • Energy and Utility (Smart Meters for Electricity, Water, and Gas)
  • By Access
    • Physical
    • Logical
  • By Component
    • Microcontroller
    • Memory Cards

Key Regions Covered:

  • North America Smart Cards Market
    • U.S.
    • Canada
  • Latin America Smart Cards Market
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe Smart Cards Market
    • Germany
    • Italy
    • France
    • U.K.
    • Spain
    • Rest of Europe
  • SEA and Others of APAC Smart Cards Market
    • India
    • Indonesia
    • Philippines
    • Thailand
    • Malaysia
    • Oceania
    • Rest of SEA & APAC
  • China Smart Cards Market
  • Japan Smart Cards Market
  • MEA Smart Cards Market
    • GCC Countries
    • Turkey
    • South Africa
    • North Africa
    • Rest of MEA

Key Companies:

  • NXP Semiconductors N.V.
  • Infineon Technologies AG
  • Gemalto N.V.
  • Inside Secure SA
  • CPI Card Group Inc.
  • Giesecke & Devrient GmbH
  • WatchData Technologies Ltd.
  • BC Card
  • CardLogix Corporation

Market Research Methodology - Perfected through Years of Diligence

A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.

Get actionable insights on Ship Repair And Maintenance Services Market

Media Release


Picture Archiving And Communication System Market

Global Picture Archiving and Communication System (PACS) Market is projected to expand at a healthy CAGR of 6.2% during the forecast period in terms of revenue.

Smart Retail Market

The report elaborates the historical and current trends molding the growth of the smart retail market. The performance journey of the smart retail market is drawn and analyzed to make the lucrative side of the market evident to readers..

Medical Simulation Market

The Adoption Of Virtual Simulation Technologies Is Increasing In Pandemic For Enhancing And Strengthening The Patient Care Skills. The Medical Simulation Market Is Estimated To Grow By 11% To 16% Y-O-Y From 2019 To 2021..

Web Content Management Market

Global web content management market grew to a revenue of US$ 7 Bn in 2020 and expected reach US$ 18 Bn by 2026 end, at a CAGR of 20% during forecast period of 2021-26.

Our Clients

Our Clients