Global Banking And Financial Smart Card Market

Apr 2020| VMR2266A| Verified Market Research

Report Highlights

Banking and Financial Smart Card Market Size And Forecast

According to Verified Market Research, The Global Banking and Financial Smart Card Market was valued at USD 3,574.4 Million in 2018 and is projected to reach USD 7,141.8 Million by 2026, growing at a CAGR of 9.25% from 2019 to 2026.

Global Banking and Financial Smart Card Market Outlook

The rise in frequency and complexity of data security threats is one of the major driving factors in the growth of the Banking and Financial Smart Card market. With the rise in the frequency and complexity of data security threats like unencrypted data, new technology without security, third-party services, hacking and unsecured mobile banking, there increases the need for the implementation of a data security solution which is responsible for the assurance that the user’s data, as well as assets, are well protected.

Global Banking and Financial Smart Card Market, Competitive Landscape

The Global Banking and Financial Smart Card market are highly fragmented with the presence of a large number of manufacturers globally. Some of the major players include NXP Semiconductors NV, Identicard, Giesecke & Devrient (G&D) GmbH, Oberthur Technologies SA, Texas Instruments, Inc., Infineon Technologies AG, American Express Company, VeriFone Holdings, Inc., Atos SE and INSIDE Secure SA.

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