Global Powered Smart Cards Market Research Report 2020
Powered Smart Cards use battery-powered smart cards that continuously broadcast their own signal. Powered Smart Cards are commonly used as “beacons” to accurately track the real-time location of assets or in high-speed environments such as tolling. Powered Smart Cards provide a much longer read range than passive tags, but they are also much more expensive.
At present, in developed countries, the Smart Card industry is generally at a more advanced level. The world's largest enterprises are mainly concentrated in Europe. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, and leading technical level. Smart Card is a technology-intensive industry. Most of products are purchased through the bidding, which need high request to the providers, include the technology, cost, service and so on. With the development in production and technology, Chinese communications operators gradually shift to the domestic manufacturers. It is important for European and North American manufactures to monitor the Asian Market closely and follow any new technologies they may develop or else they may find themselves not able to produce at the speed and with the quality needed.Smart labels market is segmented on the basis of application into banking/payment, access control, and others. In 2018, the banking/payment segment accounted for the largest share of the application segment. The access control segment is projected to grow at a highest CAGR during the forecast period.
The global Powered Smart Cards market is valued at 708.9 million US$ in 2020 is expected to reach 1446 million US$ by the end of 2026, growing at a CAGR of 10.6% during 2021-2026.
This report focuses on Powered Smart Cards volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Powered Smart Cards market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Australia etc.
Market Segment Analysis
The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type, the Powered Smart Cards market is segmented into
≤ 3 Years
> 5 Years
Segment by Application
In Powered Smart Cards market, Banking/Payment segment holds an important share in terms of application, and it is expected to reach a volume of 116.61 (M Units) by 2025, at a CAGR of 12.36% during 2018 and 2025. It means that Powered Smart Cards will be promising in the Banking/Payment field in the next couple of years.
Global Powered Smart Cards Market: Regional Analysis
The Powered Smart Cards market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the Powered Smart Cards market report are:
Middle East & Africa
Global Powered Smart Cards Market: Competitive Analysis
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.
The major players in global Powered Smart Cards market include:
ChuanDa KeHong New Technology
Shenzhen Marktrace Co., Ltd
SYRIS Technology Corp
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.