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Smart Card IC Market by Application, Type, and Geography - Forecast and Analysis 2022-2026

  • Published: Sep 2022
  • Pages: 168
  • SKU: IRTNTR44718
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The smart card IC market share is expected to increase by USD 1.17 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.63%.

This smart card integrated circuit market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers smart card integrated circuit (IC) market segmentation by application (telecommunication, financial, government, transportation, and others), type (16-bit and 32-bit), and geography (APAC, Europe, North America, South America, and Middle East and Africa). The smart card IC market report also offers information on several market vendors, including ams AG, Bartronics India Ltd., Broadcom Inc., CEC Huada Electronic Design Co. Ltd., CPI Card Group Inc., EM Microelectronic Marin SA, Imatric LLC, Infineon Technologies AG, Intel Corp., Microchip Technology Inc., Micron Technology Inc., NXP Semiconductors NV, ON Semiconductor Corp., Renesas Electronics Corp, Samsung Electronics Co. Ltd., STMicroelectronics NV, Texas Instruments Inc., Toshiba Corp., Ziguang Guoxin Microelectronics Co. Ltd., and Zwipe AS among others.

What will the Smart Card IC Market Size be During the Forecast Period?

Smart Card IC Market Size

Download Report Sample to Unlock the Smart Card Integrated Circuit (IC) Market Size for the Forecast Period and Other Important Statistics

 

Smart Card Integrated Circuit (IC) Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growing demand for electronic ID cards is notably driving the smart card integrated circuit market growth, although factors such as the growing use of mobile wallets may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the smart card IC industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Smart Card IC Market Driver

One of the key factors driving growth in the smart card integrated circuit market is the growing demand for electronic ID cards. Electronic national ID cards are the identification cards given by governments to citizens. These cards are being introduced in many countries across the world, whereas some countries are planning to introduce them. Some countries provide such cards only for identification, whereas others integrate e-Tax, e-Voting, e-Health, and public transport ticketing functionalities in the same card. This helps governments in reducing fraud, countering identity theft, and offering eGovernment services. Thus, due to the benefits provided by electronic identification cards, governments of various countries are providing them to their citizens. With the increase in demand for electronic identification among various countries, the demand for smart card ICs will also increase. This, in turn, will lead to the growth in revenue of the market during the forecast period.

Key Smart Card IC Market Trend

The robust demand for dual-interface cards is a smart card IC market trend that is expected to have a positive impact in the coming years. A dual-interface card is a debit or credit card embedded with an IC chip that enables the card to be used for both contactless and contact transactions. The presence of a contact chip, a contactless chip, and a magnetic strip in this card enables the cardholder to complete transactions over a wide range of machines. Merchants are opting for devices for dual-interface cards, which will help them decrease the waiting time for customers in stores with high volumes of transactions. As a result, various enterprises in the market are offering dual-interface cards to cater to the growing demand. The increase in demand for dual interface cards will lead to a rise in demand for smart card ICs. This, in turn, will lead to the growth in revenue of the market.

Key Smart Card IC Market Challenge

The growing use of mobile wallets will be a major challenge for the smart card integrated circuit (IC) market during the forecast period. Enterprises in the banking industry are witnessing constant innovation. Most of the banking-related functions, such as fund transfers, can be done through mobile applications such as digital wallet apps. A digital wallet is a software system for making online transactions through a smartphone app. It simplifies online purchases through tablets, computers, or smartphones. .The use of digital wallets is continuously increasing across the world. This is encouraging various enterprises to launch digital wallets in order to cater to the growing demand from consumers. Consumers will shift from smart card payments toward mobile wallet payments due to the growing demand for digital wallets. This will lead to a decrease in the use of smart cards, which, in turn, can negatively impact the demand for smart card ICs, which, in turn, will hamper the growth of the global smart card integrated circuit market.

This smart card integrated circuit market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global smart card integrated circuit (IC) market as a part of the global electronic components market within the electronics market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the smart card IC market during the forecast period.

Who are the Major Smart Card Integrated Circuit (IC) Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • ams AG
  • Bartronics India Ltd.
  • Broadcom Inc.
  • CEC Huada Electronic Design Co. Ltd.
  • CPI Card Group Inc.
  • EM Microelectronic Marin SA
  • Imatric LLC
  • Infineon Technologies AG
  • Intel Corp.
  • Microchip Technology Inc.
  • Micron Technology Inc.
  • NXP Semiconductors NV
  • ON Semiconductor Corp.
  • Renesas Electronics Corp
  • Samsung Electronics Co. Ltd.
  • STMicroelectronics NV
  • Texas Instruments Inc.
  • Toshiba Corp.
  • Ziguang Guoxin Microelectronics Co. Ltd.
  • Zwipe AS

 

This statistical study of the smart card integrated circuit market encompasses successful business strategies deployed by the key vendors. The smart card IC market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Broadcom Inc. - Broadcom Inc. is a public company headquartered in the US. It is a global company generating $27,450 million in revenues and has around 20,000 employees. Its revenue from the global smart card integrated circuit (IC) market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company. 
  • Broadcom Inc. - The company offers a smart card IC namely Stingray PS250. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The smart card IC market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Smart Card Integrated Circuit (IC) Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the smart card integrated circuit market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for the Smart Card IC Market?

Smart Card IC Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

60% of the market’s growth will originate from APAC during the forecast period. China, Taiwan, and Japan are the key markets for smart card IC in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The high adoption of technology and the overall maturity of the industrial sector (in terms of technology adoption) will facilitate the smart card IC market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 in APAC hindered the growth of the smart card integrated circuit market in 2020. Several countries, such as China, India, Nepal, Pakistan, South Korea, Malaysia, Sri Lanka, and the Philippines, were under partial or full lockdowns due to the pandemic. However, large-scale vaccination drives, ease in lockdown restrictions, and restoration of the supply chain of semiconductors revived the growth of the market in the first half of 2021. 

What are the Revenue-generating Application Segments in the Smart Card Integrated Circuit (IC) Market?

Smart Card IC Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The smart card IC market share growth in the telecommunication segment will be significant during the forecast period. The global smart card IC market will also be supported by the growth in the fifth-generation (5G) network, which is the latest mobile network technology. An increase in the penetration of 5G technology leads consumers to shift from the 4G network to the 5G network. This will lead to an increase in demand for 5G SIMs, which, in turn, will increase the demand for smart card ICs. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the smart card integrated circuit market size and actionable market insights on post COVID-19 impact on each segment.

 

Smart Card Integrated Circuit (IC) Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.63%

Market growth 2022-2026

$ 1.17 billion

Market structure

Fragmented

YoY growth (%)

4.22

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 60%

Key consumer countries

US, China, Taiwan, Japan, Germany, and Switzerland

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

ams AG, Bartronics India Ltd., Broadcom Inc., CEC Huada Electronic Design Co. Ltd., CPI Card Group Inc., EM Microelectronic Marin SA, Imatric LLC, Infineon Technologies AG, Intel Corp., Microchip Technology Inc., Micron Technology Inc., NXP Semiconductors NV, ON Semiconductor Corp., Renesas Electronics Corp, Samsung Electronics Co. Ltd., STMicroelectronics NV, Texas Instruments Inc., Toshiba Corp., Ziguang Guoxin Microelectronics Co. Ltd., and Zwipe AS

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Smart Card IC Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive smart card IC market growth during the next five years
  • Precise estimation of the smart card IC market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the smart card IC industry across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of smart card IC market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 25: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 27: Chart on Comparison by Application
      • Exhibit 28: Data Table on Comparison by Application
    • 5.3 Telecommunication - Market size and forecast 2021-2026
      • Exhibit 29: Chart on Telecommunication - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Data Table on Telecommunication - Market size and forecast 2021-2026 ($ million)
      • Exhibit 31: Chart on Telecommunication - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on Telecommunication - Year-over-year growth 2021-2026 (%)
    • 5.4 Financial - Market size and forecast 2021-2026
      • Exhibit 33: Chart on Financial - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Data Table on Financial - Market size and forecast 2021-2026 ($ million)
      • Exhibit 35: Chart on Financial - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on Financial - Year-over-year growth 2021-2026 (%)
    • 5.5 Government - Market size and forecast 2021-2026
      • Exhibit 37: Chart on Government - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Data Table on Government - Market size and forecast 2021-2026 ($ million)
      • Exhibit 39: Chart on Government - Year-over-year growth 2021-2026 (%)
      • Exhibit 40: Data Table on Government - Year-over-year growth 2021-2026 (%)
    • 5.6 Transportation - Market size and forecast 2021-2026
      • Exhibit 41: Chart on Transportation - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Data Table on Transportation - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Chart on Transportation - Year-over-year growth 2021-2026 (%)
      • Exhibit 44: Data Table on Transportation - Year-over-year growth 2021-2026 (%)
    • 5.7 Others - Market size and forecast 2021-2026
      • Exhibit 45: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 46: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 48: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.8 Market opportunity by Application
      • Exhibit 49: Market opportunity by Application ($ million)

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 50: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 51: Data Table on Type - Market share 2021-2026 (%)
    • 6.2 Comparison by Type
      • Exhibit 52: Chart on Comparison by Type
      • Exhibit 53: Data Table on Comparison by Type
    • 6.3 16-bit - Market size and forecast 2021-2026
      • Exhibit 54: Chart on 16-bit - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on 16-bit - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on 16-bit - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on 16-bit - Year-over-year growth 2021-2026 (%)
    • 6.4 32-bit - Market size and forecast 2021-2026
      • Exhibit 58: Chart on 32-bit - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on 32-bit - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on 32-bit - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on 32-bit - Year-over-year growth 2021-2026 (%)
    • 6.5 Market opportunity by Type
      • Exhibit 62: Market opportunity by Type ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 64: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 65: Data Table on Market share by geography 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 66: Chart on Geographic comparison
      • Exhibit 67: Data Table on Geographic comparison
    • 8.3 APAC - Market size and forecast 2021-2026
      • Exhibit 68: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 69: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 70: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 71: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 8.4 Europe - Market size and forecast 2021-2026
      • Exhibit 72: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 73: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 74: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 75: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 8.5 North America - Market size and forecast 2021-2026
      • Exhibit 76: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 77: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 78: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 79: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 8.6 South America - Market size and forecast 2021-2026
      • Exhibit 80: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 81: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 82: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 83: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 8.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 84: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 85: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 86: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 87: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 8.8 China - Market size and forecast 2021-2026
      • Exhibit 88: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 89: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 90: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 91: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 8.9 US - Market size and forecast 2021-2026
      • Exhibit 92: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 93: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 94: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 95: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 8.10 Germany - Market size and forecast 2021-2026
      • Exhibit 96: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 97: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 98: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 99: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 8.11 Taiwan - Market size and forecast 2021-2026
      • Exhibit 100: Chart on Taiwan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 101: Data Table on Taiwan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 102: Chart on Taiwan - Year-over-year growth 2021-2026 (%)
      • Exhibit 103: Data Table on Taiwan - Year-over-year growth 2021-2026 (%)
    • 8.12 Switzerland - Market size and forecast 2021-2026
      • Exhibit 104: Chart on Switzerland - Market size and forecast 2021-2026 ($ million)
      • Exhibit 105: Data Table on Switzerland - Market size and forecast 2021-2026 ($ million)
      • Exhibit 106: Chart on Switzerland - Year-over-year growth 2021-2026 (%)
      • Exhibit 107: Data Table on Switzerland - Year-over-year growth 2021-2026 (%)
    • 8.13 Japan - Market size and forecast 2021-2026
      • Exhibit 108: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 109: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 110: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 111: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 8.14 Market opportunity by geography
      • Exhibit 112: Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 11.3 Broadcom Inc.
              • Exhibit 119: Broadcom Inc. - Overview
              • Exhibit 120: Broadcom Inc. - Business segments
              • Exhibit 121: Broadcom Inc. - Key news
              • Exhibit 122: Broadcom Inc. - Key offerings
              • Exhibit 123: Broadcom Inc. - Segment focus
            • 11.4 Imatric LLC
              • Exhibit 124: Imatric LLC - Overview
              • Exhibit 125: Imatric LLC - Product / Service
              • Exhibit 126: Imatric LLC - Key offerings
            • 11.5 Infineon Technologies AG
              • Exhibit 127: Infineon Technologies AG - Overview
              • Exhibit 128: Infineon Technologies AG - Business segments
              • Exhibit 129: Infineon Technologies AG - Key news
              • Exhibit 130: Infineon Technologies AG - Key offerings
              • Exhibit 131: Infineon Technologies AG - Segment focus
            • 11.6 Intel Corp.
              • Exhibit 132: Intel Corp. - Overview
              • Exhibit 133: Intel Corp. - Business segments
              • Exhibit 134: Intel Corp. - Key news
              • Exhibit 135: Intel Corp. - Key offerings
              • Exhibit 136: Intel Corp. - Segment focus
            • 11.7 Microchip Technology Inc.
              • Exhibit 137: Microchip Technology Inc. - Overview
              • Exhibit 138: Microchip Technology Inc. - Business segments
              • Exhibit 139: Microchip Technology Inc. - Key news
              • Exhibit 140: Microchip Technology Inc. - Key offerings
              • Exhibit 141: Microchip Technology Inc. - Segment focus
            • 11.8 NXP Semiconductors NV
              • Exhibit 142: NXP Semiconductors NV - Overview
              • Exhibit 143: NXP Semiconductors NV - Product / Service
              • Exhibit 144: NXP Semiconductors NV - Key news
              • Exhibit 145: NXP Semiconductors NV - Key offerings
            • 11.9 ON Semiconductor Corp.
              • Exhibit 146: ON Semiconductor Corp. - Overview
              • Exhibit 147: ON Semiconductor Corp. - Business segments
              • Exhibit 148: ON Semiconductor Corp. - Key offerings
              • Exhibit 149: ON Semiconductor Corp. - Segment focus
            • 11.10 Samsung Electronics Co. Ltd.
              • Exhibit 150: Samsung Electronics Co. Ltd. - Overview
              • Exhibit 151: Samsung Electronics Co. Ltd. - Business segments
              • Exhibit 152: Samsung Electronics Co. Ltd. - Key news
              • Exhibit 153: Samsung Electronics Co. Ltd. - Key offerings
              • Exhibit 154: Samsung Electronics Co. Ltd. - Segment focus
            • 11.11 STMicroelectronics NV
              • Exhibit 155: STMicroelectronics NV - Overview
              • Exhibit 156: STMicroelectronics NV - Business segments
              • Exhibit 157: STMicroelectronics NV - Key news
              • Exhibit 158: STMicroelectronics NV - Key offerings
              • Exhibit 159: STMicroelectronics NV - Segment focus
            • 11.12 Toshiba Corp.
              • Exhibit 160: Toshiba Corp. - Overview
              • Exhibit 161: Toshiba Corp. - Business segments
              • Exhibit 162: Toshiba Corp. - Key news
              • Exhibit 163: Toshiba Corp. - Key offerings
              • Exhibit 164: Toshiba Corp. - Segment focus

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 165: Inclusions checklist
                • Exhibit 166: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 167: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 168: Research methodology
                • Exhibit 169: Validation techniques employed for market sizing
                • Exhibit 170: Information sources
              • 12.5 List of abbreviations
                • Exhibit 171: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Smart Card IC market growth will increase by $1176.08 million during 2022-2026.
              The smart card ic market is expected to grow at a CAGR of 4.63% during 2022-2026.
              Technavio has segmented the smart card ic market by application (16-bit and 32-bit) ,type (Telecommunication, Financial, Government, Transportation, and Others) , and geographic (APAC, Europe, North America, South America, and Middle East and Africa).
              ams AG, Bartronics India Ltd., Broadcom Inc., CEC Huada Electronic Design Co. Ltd., CPI Card Group Inc., EM Microelectronic Marin SA, Imatric LLC, Infineon Technologies AG, Intel Corp., Microchip Technology Inc., Micron Technology Inc., NXP Semiconductors NV, ON Semiconductor Corp., Renesas Electronics Corp, Samsung Electronics Co. Ltd., STMicroelectronics NV, Texas Instruments Inc., Toshiba Corp., Ziguang Guoxin Microelectronics Co. Ltd., Zwipe AS are a few of the key vendors in the smart card ic market.
              APAC will register the highest growth rate of 59.72% among the other regions. Therefore, the smart card ic market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              • US
              • China
              • Taiwan
              • Japan
              • Germany
              • Switzerland
              The key factors driving the smart card ic market growth are:
              • Growing demand for electronic ID cards
              • Robust demand for dual-interface cards
              The smart card ic market vendors should focus on grabbing business opportunities from the 16-bit segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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              • Five-force market analysis

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