Smart Card Market in Latin America 2015-2019

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Transcript of Smart Card Market in Latin America 2015-2019

Page 1: Smart Card Market in Latin America 2015-2019

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Smart Card Market in Latin America 2015-2019

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Covered in this Report

• This report covers the present scenario and the growthprospects of the Smart Card market in Latin Americafor the period 2015-2019.

• To calculate the market size, the report considersrevenue generated from the sales of the following typeof smart cards: • Contact-based • Contactless

• The report consolidates the revenues generated fromthe following major sectors: • BFSI Sector• Government Sector • Transportation Sector

• TechNavio's report, the Smart Card Market in LatinAmerica 2015-2019, has been prepared based on anin-depth market analysis with inputs from industryexperts.

Smart Card Market in Latin America 2015-2019

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Market Overview

• A smart card is a pocket-sized card, usually made ofplastic, which is embedded with integrated circuitscalled microchips.

• They are mainly used for security, authentication,identification, data storage, and application processing.

• BFSI, Government, Transportation, Healthcare, andDefense are some of the major sectors using smartcards.

• These cards are classified into two types: contact-basedand contactless.

• TechNavio's analysts forecast the Smart Card market inLatin America to grow at a CAGR of 8.8 percent overthe period 2014-2019.

To know more aboutSmart Card Market in

Latin America 2015-2019

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Key Vendors and Regions

• Gemalto

• Giesecke & Devrient

• Morpho

• Oberthur Technologies

• Watchdata SystemView Our Report:

Smart Card Market in Latin America 2015-2019

• Latin America

Vendors Region

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Key Findings

• Increased Adoption of NFC Payment Solutions - An NFC-enabled device canoperate in multiple modes such as reader/writer, peer-to-peer, or card emulation. NFC-enabled mobile devices operate in card emulation mode for mobile contactlesspayments.

• Issuance of Smart Cards by Government Sector - The Government sector isadopting smart cards to enhance the security of critical data. The sector deals withhuge amounts of confidential information, and loss or misuse could affect theeconomy and security of the nation.

• Growth of E-commerce - The growing popularity of e-commerce is contributing tothe growth of the Smart Card market in Latin America. E-commerce involves onlinetransactions with the help of debit/credit cards.

• Adoption of Smart Cards in Developing Countries - Government agencies indeveloping countries are increasingly adopting smart cards. For instance, smart-card-based driver's licenses, e-visas, e-passports, and smart cards that store vehicleinformation are being widely used in Latin America.

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Key Questions Answered in Our Report

• What will the market size be in 2019 and what will thegrowth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

• What are the market opportunities and threats facedby the key vendors?

• What are the strengths and weaknesses of the keyvendors?

Have a question of your own about this report?

Ask our Analysts

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• Decision makers and influencers in sales & marketing, strategy, product and R&Dteams rely on research from TechNavio. We have a large and growing base ofhappy customers worldwide. Our customers include technology suppliers, endusers, consulting companies, investment firms and research institutes.

• TechNavio was founded in 2003 in London. We have about 300 analysts globally.We cover more than 500 technologies across 80 countries. Traditional media suchas Forbes Asia and New York Times, along with other web media portals, like toquote us.

About TechNavio

Some of our clients include:ACT Global, Flextronics, Huawei Technologies Co, Infosys,Harris Corporation, Infosys, Intercad, Hidaka PrecisionTools & Dies Company, Huawei Technologies Co, AmericanCapital, Analysis Group, Netscout, NTT DoCoMo

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Thank You!

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