Cards and Payments (SIM Card, Smart Card, EMV, NFC)
The global Smart Card market is valued at 7550 million US$ in 2017 and will reach 11200 million US$ by the end
of 2025, growing at a CAGR of 5.0% during 2018-2025.In the coming years, Smart Card market is expected to
witness the highest growth rate in the Asia-Pacific region. Although Smart Card brings a lot of opportunities,
the study group recommends the new entrants just having money but without technical advantage and upstream and
downstream support do not to enter into this field.