Wednesday, 7 May 2014

Global Smart Card Market Drivers, Challenges and Trends Analyzed by Industry Experts

Market Intelligence: Global Smart Card Market in the Government Sector 2014-2018

Smart cards are used across various end-user segments for a variety of applications. Smart cards are used extensively for a range of purposes, from basic identification to border security management. Government e-ID cards are cards issued by national governments which give every national a way to prove their identity and residence in their respective country. Various governments have been using smart cards for various applications, benefiting both citizens and government. Governments across the globe have been able to reduce costs, increase operational efficiency, and manage national databases better by issuing smart cards to their citizens. Many governments have already issued or are in the process of issuing smart cards to their respective citizens, while the rest are planning to implement various smart card projects. The Global Smart Card market in the Government sector is witnessing steady growth and this trend is expected to continue during the forecast period. 

Analysts forecast the Global Smart Card market in the Government sector will grow at a CAGR of 10.4 percent by revenue and 8.5 percent by unit shipments over the period 2013-2018. 

Covered in this Report 
The Global Smart Card market in the Government sector can be divided into three segments: e-passport, e-DL and e-ID. These are the major applications of smart cards in the Government sector. 

The Global Smart Card Market in the Government Sector 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, Latin America, the MEA region, and North America; it also covers the Global Smart Card market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.