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Smart Card Market in Latin America 2015-2019

Smart Card Sector: Forecast until 2019 in Latin America

  • February 2015
  • 95 pages
  • ID: 2720195
In this report:
The Contact-based Smart Card market in Latin America was valued at US$##,##.## million in 2014 and is expected to reach US$##.## million by 2019, declining at a CAGR of ##.## percent.
The Global Smart Card market was valued at US$##,##.## million in 2014 and is expected to reach US$##,##.## million by 2019, growing at a CAGR of ##.## percent.


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About Smart Card

A clever card is a pocket-sized card, generally made of plastic, and is embedded with integrated circuits, also known as microchips. Smart cards are used for security purposes for authentication, identification, data storage, and application processing. They are widely used in sectors including BFSI, Government, Transportation, Healthcare, and Defense. These cards are widely categorized into two types: contact-based and contactless. Contact-based clever cards have a contact area of approximately 1 square cm. These cards are used by inserting into a clever card reader. On the other hand, contactless clever cards are used by employing radio frequency between cards and a reader, which needs no physical insertion of the cards. In consequence, contactless clever cards have faster applications and are more user-friendly than contact-based clever cards.

Research firm's analysts estimation the Smart Card sector in Latin America area to grow at a Compound annual growth rate of 8.80% over the time frame 2014-2019.

What is the scope of this report?

This business report contains the current situation and the growth perspectives of the Smart Card sector in Latin America area for the time frame 2015-2019. To calculate the market value, the market research considers revenue generated from the sales of the following type of clever cards:

• Contact-based

• Contactless

The industry report consolidates the revenues generated from the following main sectors:

• BFSI Market

• Government Industry

• Transportation Market

The industry is highly fragmented with the presence of a important number of small and big merchants. Accordingly, the study does not provide the market share of the dealers; it only lists the top sellers in the market.

Market research firm's report, the Smart Card Sector in Latin America 2015-2019, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The analysis includes the landscape of the Smart Card sector in Latin America area and its growth expectations in the upcoming years. This study also comprises a conversation established with top vendors operating in this segment.

What are the main areas covered in this report?

• Latin America

Who are the main sellers?

Other main sellers

Who are the market dominants?

• Prominent Merchants Venturing into Developing Countries

• For a full, in-depth list, view our market report

What are the ongoing market challenges?

• Growing Price War

• For a full, exhaustive list, view our market report

How the market is going?

• Increased Adoption of NFC Payment

• For a full, in-depth list, view our market report

What are the main questions answered?

• What will the market value be in 2018 and what will the increase rate be?

• What are the key market forecasts?

• What is driving this sector?

• What are the conditions to market growth?

• Who are the main sellers in this market environment?

• What are the opportunities in this industry and segment risks faced by the main vendors?

• What are the forces and weaknesses of the main vendors?

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