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integrated circuit card reader market

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integrated circuit card reader market By Type (Contact-Based, Contactless-Based and Dual Interface Based) Bye Technology (Europay MasterCard Visa (EMV) Chip, Near Field Communication (NFC) and Other), By Application (Payments, Identity Management, Security & Access Management, Ticketing and Others) and Region - Forecast Till 2024 – PowerPoint PPT presentation

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Title: integrated circuit card reader market


1
integrated circuit card reader market Research
Report By Forecast 2024
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2024
2
integrated circuit card reader market Forecast
To 2024
integrated circuit card reader market Forecast To
2024
  • Market Research Future (MRFR), on the global
    market of smart card reader, reveals that the
    market is poised to expand at a lucrative CAGR of
    40.8 across the forecast period of 2018-2024 and
    touch a valuation of USD 79,000 million by 2024.
  • The emerging trend of cashless transaction is
    identified as a major factor that is expected to
    propel the global integrated circuit card reader
    market. Increase in number of cashless business
    transactions across different verticals and the
    adopting cashless transaction systems are likely
    to gain a considerable traction for the worldwide
    market of smart card reader. In addition,
    modernization of payment methods is enabling
    business transaction optimization. These
    aforementioned factors are likely to escalate the
    market growth.

3
integrated circuit card reader market Forecast
To 2024
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on integrated
circuit card reader market Forecast To 2024
  • A greater number of people are gaining confidence
    in cashless transaction due to the increase in
    the awareness about its safety. Alongside, the
    convenience in making online payment is also
    aiding smart card reader in gaining popularity.
    These cards are generally used in accessing data
    from credit cards, electronic identification
    cards, debit cards, and access cards. They offer
    an individual or businesses a secured and better
    payment options over traditional cash
    transactions. These factors are likely to boost
    the integrated circuit card reader market.

4
integrated circuit card reader market Forecast
To 2024
Global integrated circuit card reader market
Segmented on the basis of
The integrated circuit card reader market has
been segmented by type, application, and
technology. By type, the market has been
segmented into contactless-based, interface
based, and contact-based. The contact-based
segment of the market is expected expand at a
CAGR of 40.6 during the assessment period and
surpass a valuation of USD 2,290.03 million by
2024. The expansion of the segment can be
attributed to the large-scale application of
contact-based smart card readers in credit card
and debit card transaction system. The
contactless-based segment to exceed a valuation
of USD 1,673.96 Mn. By technology, the market has
been segmented into Europay MasterCard Visa (EMV)
Chip, Near Field Communication (NFC), and other.
The Europay Mastercard Visa (EMV) chip segment
accounted for 53.1 of the global market share.
The near field communication (NFC) is likely to
value at USD 24,100 Mn by 2024. By application,
the market has been segmented into identity
management, ticketing, security access
management, payments, and others. The payment
segment, due to the increase in the application
of smart card readers in payment systems is
expected to direct the growth of the market in
the coming years. The identity management segment
is anticipated to follow the lead.
5
integrated circuit card reader market Forecast
To 2024
Global integrated circuit card reader market -
Geographical Analysis
  • North America, Europe, Asia Pacific (APAC), Latin
    America, and the Middle East Africa (MEA) are
    regional segments of the market. APAC to secure
    the leading position in the global integrated
    circuit card reader market. The APAC market
    likely to thrive at a 42.5 CAGR across the
    evaluation period. The segment is set to touch a
    valuation of USD 34,100 Mn by 2024. Strong
    internet connectivity, increase in the adoption
    of cashless mode of payment technologies, and the
    introduction of favorable policies are reasons
    that are expected to strengthen the base of the
    regional market to grow. Emerging countries such
    as India, Indonesia, China, and others are likely
    to exhibit robust growth of the market. The North
    America market to expand at a CAGR of 40.7 and
    exceed a valuation of USD 1,485.92 million by due
    to the presence of multiple key players.

Request a Sample Report _at_ https//www.marketresea
rchfuture.com/sample_request/7659 
6
integrated circuit card reader market Forecast
To 2024
Global integrated circuit card reader market -
Competitive Analysis
  • PayPal Holdings, Inc., ID TECH, Gemalto NV,
    IOGEAR, Verifone Systems Inc., Ingenico Group,
    PAX Global Technology Limited, Advanced Card
    Systems Ltd., CHERRY, HP Inc., Stanley Global
    LLC., Square, Inc., Identive Group, Rocketek
    Electronics, and others.
  • Browse Report _at_ https//www.marketresearchfuture
    .com/reports/smart-card-reader-market-7659

7
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
(3R), Continuous-Feed Research (CFR), and Market
Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
market research and intelligence services to our
clients. Our market research studies by products,
services, technologies, applications, end users,
and market players for global, regional, and
country level market segments, enable our clients
to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright
2018 Market Research Future All Rights Reserved.
This document contains highly confidential
information and is the sole property of Market
Research Future. No part of it may be circulated,
copied, quoted, or otherwise reproduced without
the written approval of Market Research Future.
8
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