|By Business Wire||
|January 24, 2014 01:55 PM EST||
Research and Markets (http://www.researchandmarkets.com/research/gltlp5/global_smart) has announced the addition of the "Global Government Smart Cards Market Forecasts Report, 2016" report to their offering.
One of the major drivers is the increasing need for a tamper-free payment system.
Generally, cards embedded with magnetic tapes only store information about end-users' accounts. These cards can be easily tampered with, resulting in monetary loss or loss of data. However, smart cards store information that can only be accessed with a pin code, which is difficult to decode, thereby protecting end-users' financial data.
Contactless cards are more user-friendly than contact-based cards. Governments across the globe are increasingly deploying contactless e-ID cards to improve security in their respective countries. Countries such as France, Russia, Brazil, Indonesia, Poland, and Malaysia are expected to experience high adoption of contactless smart cards in the future. South Africa and Canada are also expected to experience an intensive adoption of smart ID cards. Instances like these are expected to contribute to the growth of the Global Smart Card market in the Government sector.
Further, the report states that one of the key challenges in the market is the high initial deployment and replacement costs. Regions such as South America and the APAC region have limited vendor penetration and very few local players. As a result of this, the market is controlled by a small group of vendors, leading to low competition. This low competition is thus leading to high initial deployment and replacement costs.
Introduction to Smart Cards
- Smart Card Memory
Types of Smart Cards
- Contact-based Smart Cards
- Contactless Smart Cards
Applications of Smart Cards
- Financial Applications
- Communications Applications
- Government Programs
- Information Security
- Physical Access Control
- Retail and Loyalty
- Student Identification
Advantages/Disadvantages of Smart Cards
Use of Smart Cards in Government Sector
- e-ID Cards
- Defence Access Cards
- Driving Licence
- Voter Cards
The key vendors dominating this market space are:
- Gemalto N.V.
- Giesecke & Devrient GmbH
- Morpho SA
- Oberthur Technologies.
Other vendors mentioned in the report are:
- Infineon Technologies AG
- NXP Semiconductors N.V.
Key Topics Covered:
01. Executive Summary
02. Scope of the Report
03. Market Research Methodology
04. List of Abbreviations
06. Market Description
07. Market Landscape
08. Geographical Segmentation
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/gltlp5/global_smart
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