Setting

North America Smart Card Market 2022-2032 by Component (Hardware, Software, Services), Interface (Contact-based, Contactless, Dual, Hybrid), Card Type (Memory-based, MPU Microprocessor), Function (Transaction, Communication, Security & Access Control, Others), Industry Vertical, and Country: Trend Forecast and Growth Opportunity

Published: 30 Apr 2023 | Report Code: 10248417 | Pages: 155

North America Smart Card Market is projected to grow by 6.3% annually in the forecast period and reach $6,235.1 million by 2032, driven by the rising popularity and adoption of these smart cards in various sectors, the high penetration of smart cards in access control and personal identification applications, expansion in the North America mobile network and enhancements in its infrastructure, and the surging demand for contactless payments amid COVID-19 pandemic. Highlighted with 76 tables and 55 figures, this 155-page report “North America Smart Card Market 2022-2032 by Component (Hardware, Software, Services), Interface (Contact-based, Contactless, Dual, Hybrid), Card Type (Memory-based, MPU Microprocessor), Function (Transaction, Communication, Security & Access Control, Others), Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire North America Smart Card Market and all its sub-segments through extensively detailed classifications.

 

Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

 

In-depth qualitative analyses include identification and investigation of the following aspects:
•  Market Structure 
•  Growth Drivers 
•  Restraints and Challenges
•  Emerging Product Trends & Market Opportunities
•  Porter’s Five Forces

 

The trend and outlook of North America market is forecast in an optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America smart card market in every aspect of the classification from perspectives of Component, Interface, Card Type, Function, Industry Vertical, and Country.

 

Based on Component, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. 
•  Hardware
    o  Smart Cards
    o  Smart Card Readers
•  Software
•  Services

 

Based on Interface, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. 
•  Contact-based Smart Cards
•  Contactless Smart Cards
•  Dual-interface Smart Cards
•  Hybrid Smart Cards

 

By Card Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. 
•  Memory-based Smart Cards
•  MPU Microprocessor-based Smart Cards

 

By Function, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. 
•  Transaction
•  Communication
•  Security & Access Control
•  Other Functions

 

By Industry Vertical, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. 
•  BFSI
•  IT and Telecom
•  Government
•  Transportation
•  Healthcare
•  Retail Industry
•  Education
•  Other Industry Verticals

 

Geographically, the following national/local markets are fully investigated:
•  U.S.
•  Canada
•  Mexico

 

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Interface, Function, and Industry Vertical over the forecast years are also included. The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

 

Selected Key Players: 
ABCorp (American Banknote Corporation)
Alioth LLC
Bundesdruckerei GmbH
CardLogix Corporation
CPI Card Group Inc.
Eastcompeace Technology Co., Ltd. (Potevio Group)
Fingerprint Cards AB
Gemalto NV (Thales Group)
Giesecke & Devrient GmbH (MC Familiengesellschaft mbH)
HID North America Corporation (Assa Abloy AB)
IDEMIA France SAS
Identiv, Inc.
Infineon Technologies AG
IntelCav
Inteligensa SA de CV
KONA I Co., Ltd.
NXP Semiconductors NV
Samsung Electronics Co., Ltd.
Secura Key
VISA Inc.
Watchdata Technologies


(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Table of Contents:

1 Introduction    8
1.1 Industry Definition and Research Scope    8
1.1.1 Industry Definition    8
1.1.2 Research Scope    9
1.2 Research Methodology    12
1.2.1 Overview of Market Research Methodology    12
1.2.2 Market Assumption    13
1.2.3 Secondary Data    13
1.2.4 Primary Data    13
1.2.5 Data Filtration and Model Design    14
1.2.6 Market Size/Share Estimation    15
1.2.7 Research Limitations    16
1.3 Executive Summary    17
2 Market Overview and Dynamics    20
2.1 Market Size and Forecast    20
2.1.1 Impact of COVID-19 on World Economy    23
2.1.2 Impact of COVID-19 on the Market    26
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery    28
2.2 Major Growth Drivers    32
2.3 Market Restraints and Challenges    39
2.4 Emerging Opportunities and Market Trends    42
2.5 Porter’s Fiver Forces Analysis    46
3 Segmentation of North America Market by Component    50
3.1 Market Overview by Component    50
3.2 Hardware    52
3.2.1 Smart Cards    53
3.2.2 Smart Card Readers    54
3.3 Software    55
3.4 Services    56
4 Segmentation of North America Market by Interface    57
4.1 Market Overview by Interface    57
4.2 Contact-based Smart Cards    59
4.3 Contactless Smart Cards    60
4.4 Dual-interface Smart Cards    61
4.5 Hybrid Smart Cards    62
5 Segmentation of North America Market by Card Type    63
5.1 Market Overview by Card Type    63
5.2 Memory-based Smart Cards    65
5.3 MPU Microprocessor-based Smart Cards    66
6 Segmentation of North America Market by Function    67
6.1 Market Overview by Function    67
6.2 Transaction    69
6.3 Communication    70
6.4 Security & Access Control    71
6.5 Other Functions    72
7 Segmentation of North America Market by Industry Vertical    73
7.1 Market Overview by Industry Vertical    73
7.2 BFSI    75
7.3 IT and Telecom    76
7.4 Government    77
7.5 Transportation    78
7.6 Healthcare    79
7.7 Retail Industry    80
7.8 Education    81
7.9 Other Industry Verticals    82
8 North America Market 2022-2032 by Country    83
8.1 Overview of North America Market    83
8.2 U.S.    86
8.3 Canada    89
8.4 Mexico    91
9 Competitive Landscape    93
9.1 Overview of Key Vendors    93
9.2 New Product Launch, Partnership, Investment, and M&A    96
9.3 Company Profiles    97
ABCorp (American Banknote Corporation)    97
Alioth LLC    99
Bundesdruckerei GmbH    101
CardLogix Corporation    104
CPI Card Group Inc.    106
Eastcompeace Technology Co., Ltd. (Potevio Group)    109
Fingerprint Cards AB    110
Gemalto NV (Thales Group)    113
Giesecke & Devrient GmbH (MC Familiengesellschaft mbH)    118
HID North America Corporation (Assa Abloy AB)    121
IDEMIA France SAS    124
Identiv, Inc.    128
Infineon Technologies AG    130
IntelCav    134
Inteligensa SA de CV    136
KONA I Co., Ltd.    137
NXP Semiconductors NV    139
Samsung Electronics Co., Ltd.    142
Secura Key    146
VISA Inc.    149
Watchdata Technologies    153
RELATED REPORTS    155

 

List of Tables:

Table 1. Snapshot of North America Smart Card Market in Balanced Perspective, 2022-2032    18
Table 2. World Economic Outlook, 2021-2031    24
Table 3. World Economic Outlook, 2021-2023    25
Table 4. Scenarios for Economic Impact of Ukraine Crisis    29
Table 5. Main Product Trends and Market Opportunities in North America Smart Card Market    42
Table 6. North America Smart Card Market by Component, 2022-2032, $ mn    50
Table 7. North America Smart Card Market: Hardware by Offering, 2022-2032, $ mn    52
Table 8. North America Smart Card Market by Interface, 2022-2032, $ mn    57
Table 9. North America Smart Card Market by Card Type, 2022-2032, $ mn    63
Table 10. North America Smart Card Market by Function, 2022-2032, $ mn    67
Table 11. North America Smart Card Market by Industry Vertical, 2022-2032, $ mn    73
Table 12. North America Smart Card Market by Country, 2022-2032, $ mn    84
Table 13. U.S. Smart Card Market by Interface, 2022-2032, $ mn    88
Table 14. U.S. Smart Card Market by Function, 2022-2032, $ mn    88
Table 15. U.S. Smart Card Market by Industry Vertical, 2022-2032, $ mn    88
Table 16. Canada Smart Card Market by Interface, 2022-2032, $ mn    90
Table 17. Canada Smart Card Market by Function, 2022-2032, $ mn    90
Table 18. Canada Smart Card Market by Industry Vertical, 2022-2032, $ mn    90
Table 19. Mexico Smart Card Market by Interface, 2022-2032, $ mn    92
Table 20. Mexico Smart Card Market by Function, 2022-2032, $ mn    92
Table 21. Mexico Smart Card Market by Industry Vertical, 2022-2032, $ mn    92
Table 22. ABCorp: Company Snapshot    97
Table 23. ABCorp: Business Segmentation    98
Table 24. ABCorp: Product Portfolio    98
Table 25. Alioth LLC: Company Snapshot    99
Table 26. Alioth LLC: Product Portfolio    100
Table 27. Bundesdruckerei GmbH: Company Snapshot    101
Table 28. Bundesdruckerei GmbH: Product Portfolio    102
Table 29. CardLogix Corporation: Company Snapshot    104
Table 30. CardLogix Corporation: Product Portfolio    105
Table 31. CPI Card Group Inc.: Company Snapshot    106
Table 32. CPI Card Group Inc.: Business Segmentation    107
Table 33. CPI Card Group Inc.: Product Portfolio    108
Table 34. Eastcompeace Technology Co., Ltd.: Company Snapshot    109
Table 35. Fingerprint Cards Ab: Company Snapshot    110
Table 36. Fingerprint Cards Ab: Product Portfolio of Smart Cards    111
Table 37. Thales Group: Company Snapshot    113
Table 38. Thales Group: Revenue Distribution by Business Segment in 2020    114
Table 39. Thales Group: Revenue Distribution by Region in 2020    114
Table 40. Thales Group: Product Portfolio of Smart Cards    115
Table 41. Giesecke & Devrient GmbH: Company Snapshot    118
Table 42. Giesecke & Devrient GmbH: Revenue Distribution by Business Segment in 2020    119
Table 43. Giesecke & Devrient GmbH: Product Portfolio of Smart Cards    119
Table 44. HID North America Corporation: Company Snapshot    121
Table 45. HID North America Corporation: Revenue Distribution by Business Segment in 2020    122
Table 46. HID North America Corporation: Product Portfolio of Smart Cards    122
Table 47. IDEMIA France SAS: Company Snapshot    124
Table 48. IDEMIA France SAS: Product Portfolio    125
Table 49. Identiv, Inc.: Company Snapshot    128
Table 50. Identiv, Inc.: Product Portfolio    129
Table 51. Infineon Technologies AG: Company Snapshot    130
Table 52. Infineon Technologies AG: Revenue Distribution by Business Segment in 2020    131
Table 53. Infineon Technologies AG: Revenue Distribution by Region in 2020    131
Table 54. Infineon Technologies AG: Product Portfolio of Smart Cards    132
Table 55. IntelCav: Company Snapshot    134
Table 56. IntelCav: Product Portfolio    135
Table 57. Inteligensa SA de CV: Company Snapshot    136
Table 58. KONA I Co., Ltd.: Company Snapshot    137
Table 59. KONA I Co., Ltd.: Product Portfolio of Smart Cards    138
Table 60. NXP Semiconductors N.V.: Company Snapshot    139
Table 61. NXP Semiconductors N.V.: Revenue Distribution by Business Segment in 2020    140
Table 62. NXP Semiconductors N.V.: Revenue Distribution by Region in 2020    140
Table 63. NXP Semiconductors N.V.: Product Portfolio of Smart Cards    141
Table 64. Samsung Electronics Co., Ltd.: Company Snapshot    142
Table 65. Samsung Electronics Major Products by Business Division    143
Table 66. Samsung Electronics Co., Ltd.: Revenue by Region in 2020    143
Table 67. Samsung Electronics Co., Ltd.: Revenue by Segment in 2020    143
Table 68. Samsung Electronics Co., Ltd.: Product Portfolio of Smart Cards    144
Table 69. Secura Key: Company Snapshot    146
Table 70. Secura Key: Product Portfolio of Smart Cards    147
Table 71. VISA Inc.: Company Snapshot    149
Table 72. VISA Inc.: Revenue Distribution by Business Segment in 2020    150
Table 73. VISA Inc.: Revenue Distribution by Region in 2020    150
Table 74. VISA Inc.: Product Portfolio of Smart Cards    151
Table 75. Watchdata Technologies: Company Snapshot    153
Table 76. Watchdata Technologies: Product Portfolio of Smart Cards    154

 

List of Figures:

Figure 1. Research Method Flow Chart    12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation    15
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032    17
Figure 4. Industry Value Chain Analysis    20
Figure 5. North America Smart Card Market, 2022-2032, $ mn    21
Figure 6. North America Smart Card Market, 2022-2032, billion units    22
Figure 7. Impact of COVID-19 on Business    26
Figure 8. Primary Drivers and Impact Factors of North America Smart Card Market    32
Figure 9. World Industrial Sensors Market, 2022-2032, $ mn    35
Figure 10. World Mobile Banking Market, 2019-2030, $ mn    35
Figure 11. Worldwide Total Transactions on Cards, billion, 2021 and 2026    36
Figure 12. Purchase Volumes of Major Card Networks in U.S., $ billion, 2020-2021    37
Figure 13. Purchase Volume and Outstanding Receivables of Credit Cards in U.S., $ billion, 1991-2026    38
Figure 14. Primary Restraints and Impact Factors of North America Smart Card Market    39
Figure 15. Investment Opportunity Analysis    43
Figure 16. Porter’s Fiver Forces Analysis of North America Smart Card Market    46
Figure 17. Breakdown of North America Smart Card Market by Component, 2022-2032, % of Revenue    51
Figure 18. North America Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%)    51
Figure 19. North America Smart Card Market by Component: Hardware, 2022-2032, $ mn    52
Figure 20. North America Smart Card Market by Hardware: Smart Cards, 2022-2032, $ mn    53
Figure 21. North America Smart Card Market by Hardware: Smart Card Readers, 2022-2032, $ mn    54
Figure 22. North America Smart Card Market by Component: Software, 2022-2032, $ mn    55
Figure 23. North America Smart Card Market by Component: Services, 2022-2032, $ mn    56
Figure 24. Breakdown of North America Smart Card Market by Interface, 2022-2032, % of Sales Revenue    58
Figure 25. North America Addressable Market Cap in 2023-2032 by Interface, Value ($ mn) and Share (%)    58
Figure 26. North America Smart Card Market by Interface: Contact-based Smart Cards, 2022-2032, $ mn    59
Figure 27. North America Smart Card Market by Interface: Contactless Smart Cards, 2022-2032, $ mn    60
Figure 28. North America Smart Card Market by Interface: Dual-interface Smart Cards, 2022-2032, $ mn    61
Figure 29. North America Smart Card Market by Interface: Hybrid Smart Cards, 2022-2032, $ mn    62
Figure 30. Breakdown of North America Smart Card Market by Card Type, 2022-2032, % of Sales Revenue    64
Figure 31. North America Addressable Market Cap in 2023-2032 by Card Type, Value ($ mn) and Share (%)    64
Figure 32. North America Smart Card Market by Card Type: Memory-based Smart Cards, 2022-2032, $ mn    65
Figure 33. North America Smart Card Market by Card Type: MPU Microprocessor-based Smart Cards, 2022-2032, $ mn    66
Figure 34. Breakdown of North America Smart Card Market by Function, 2022-2032, % of Revenue    68
Figure 35. North America Addressable Market Cap in 2023-2032 by Function, Value ($ mn) and Share (%)    68
Figure 36. North America Smart Card Market by Function: Transaction, 2022-2032, $ mn    69
Figure 37. North America Smart Card Market by Function: Communication, 2022-2032, $ mn    70
Figure 38. North America Smart Card Market by Function: Security & Access Control, 2022-2032, $ mn    71
Figure 39. North America Smart Card Market by Function: Other Functions, 2022-2032, $ mn    72
Figure 40. Breakdown of North America Smart Card Market by Industry Vertical, 2022-2032, % of Revenue    74
Figure 41. North America Addressable Market Cap in 2023-2032 by Industry Vertical, Value ($ mn) and Share (%)    74
Figure 42. North America Smart Card Market by Industry Vertical: BFSI, 2022-2032, $ mn    75
Figure 43. North America Smart Card Market by Industry Vertical: IT and Telecom, 2022-2032, $ mn    76
Figure 44. North America Smart Card Market by Industry Vertical: Government, 2022-2032, $ mn    77
Figure 45. North America Smart Card Market by Industry Vertical: Transportation, 2022-2032, $ mn    78
Figure 46. North America Smart Card Market by Industry Vertical: Healthcare, 2022-2032, $ mn    79
Figure 47. North America Smart Card Market by Industry Vertical: Retail Industry, 2022-2032, $ mn    80
Figure 48. North America Smart Card Market by Industry Vertical: Education, 2022-2032, $ mn    81
Figure 49. North America Smart Card Market by Industry Vertical: Other Industry Verticals, 2022-2032, $ mn    82
Figure 50. Breakdown of North America Smart Card Market by Country, 2022 and 2032, % of Revenue    84
Figure 51. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)    85
Figure 52. U.S. Smart Card Market, 2022-2032, $ mn    87
Figure 53. Canada Smart Card Market, 2022-2032, $ mn    89
Figure 54. Smart Card Market in Mexico, 2022-2032, $ mn    91
Figure 55. Growth Stage of North America Smart Card Industry over the Forecast Period    93
Selected Key Players: 
ABCorp (American Banknote Corporation)
Alioth LLC
Bundesdruckerei GmbH
CardLogix Corporation
CPI Card Group Inc.
Eastcompeace Technology Co., Ltd. (Potevio Group)
Fingerprint Cards AB
Gemalto NV (Thales Group)
Giesecke & Devrient GmbH (MC Familiengesellschaft mbH)
HID Global Corporation (Assa Abloy AB)
IDEMIA France SAS
Identiv, Inc.
Infineon Technologies AG
IntelCav
Inteligensa SA de CV
KONA I Co., Ltd.
NXP Semiconductors NV
Samsung Electronics Co., Ltd.
Secura Key
VISA Inc.
Watchdata Technologies 
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)