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Growth drivers include increasing use of online payment methods, contactless smart cards.
June 20, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
According to MarketsandMarkets’ new market research report, “Smart Card Market by Communication (Contact and Contactless), Component (Hardware, Software, and Services), Application (BFSI, Government and Healthcare, Transportation, Retail, and Others) and Geography – Global Forecast to 2023,” this market is expected to reach $21.57 billion by 2023 from $14.22 billion in 2018, at a CAGR of 8.7% between 2018 and 2023. Use of smart cards in the BFSI sector has also been rising, supported b...
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