LAMEA Contactless Smart Cards Market Size, Share & Trends Analysis Report By Functionality (Transaction and Security & Access Control), By Type the (MPU Microprocessor and Memory), By Industry Vertical, By Country and Growth Forecast, 2024 - 2031

The Latin America, Middle East and Africa Contactless Smart Cards Market would witness market growth of 11.0% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Contactless Smart Cards Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $401.9 million by 2031. The Argentina market is showcasing a CAGR of 11.7% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 10.6% during (2024 - 2031).

A credit card-sized contactless credential is called a contactless smart card. Its built-in integrated circuits can store data and communicate with a terminal through NFC. These smart cards are extensively used for payment transactions in retail stores, restaurants, public transportation, vending machines, and other point-of-sale environments. They enable quick and convenient tap-and-go payments, improving the customer experience and reducing transaction times.

These cards are widely deployed in public transportation systems, allowing commuters to access buses, trains, subways, and other transit modes with a simple tap of their card or smartphone. These cards streamline fare collection processes, reduce waiting times at ticket counters, and enhance overall transportation efficiency. These cards serve as access credentials for buildings, offices, parking garages, and other secured areas. They provide a secure and convenient way for authorized individuals to gain entry, replacing traditional key-based systems and enhancing overall security through encryption and authentication.

Brazil has a vibrant media and entertainment industry, with a high demand for ticketing solutions for events, concerts, theaters, cinemas, and sports venues. Entertainment providers in Brazil actively promote contactless payment solutions, including these smart cards, to their customers. Entertainment providers can leverage contactless smart cards to offer additional services and upsell premium experiences to their customers in Brazil. According to the ITA, the Brazilian media and entertainment industry reached $2.7 billion in 2019. Thus, due to these aspects, the market will expand across the LAMEA region in upcoming years.

Free Valuable Insights: The Worldwide Contactless Smart Cards Market is Projected to reach USD 17.7 Billion by 2031, at a CAGR of 8.3%

Based on Functionality, the market is segmented into Transaction and Security & Access Control. Based on Type, the market is segmented into MPU Microprocessor and Memory. Based on Industry Vertical, the market is segmented into BFSI, Retail, Transportation & Logistics, Hospitality, Healthcare, Media & Entertainment, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

• Sony Corporation
• Watchdata Co., Ltd.
• Infineon Technologies AG
• IDEMIA SAS (Advent International, Inc.)
• NXP Semiconductors N.V.
• Thales Group S.A.
• HID Global Corporation (Assa Abloy AB)
• STMicroelectronics N.V.
• CardLogix Corporation
• CPI Card Group Inc. (Parallel49 Equity)

LAMEA Contactless Smart Cards Market Report Segmentation

By Functionality

• Transaction
• Security & Access Control

By Type

• MPU Microprocessor
• Memory

By Industry Vertical

• BFSI
• Retail
• Transportation & Logistics
• Hospitality
• Healthcare
• Media & Entertainment
• Others

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Contactless Smart Cards Market, by Functionality
1.4.2 LAMEA Contactless Smart Cards Market, by Type
1.4.3 LAMEA Contactless Smart Cards Market, by Industry Vertical
1.4.4 LAMEA Contactless Smart Cards Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jan – 2023, Feb) Leading Players
4.4 Porter Five Forces Analysis

Chapter 5. LAMEA Contactless Smart Cards Market by Functionality
5.1 LAMEA Transaction Market by Country
5.2 LAMEA Security & Access Control Market by Country

Chapter 6. LAMEA Contactless Smart Cards Market by Type
6.1 LAMEA MPU Microprocessor Market by Country
6.2 LAMEA Memory Market by Country

Chapter 7. LAMEA Contactless Smart Cards Market by Industry Vertical
7.1 LAMEA BFSI Market by Country
7.2 LAMEA Retail Market by Country
7.3 LAMEA Transportation & Logistics Market by Country
7.4 LAMEA Hospitality Market by Country
7.5 LAMEA Healthcare Market by Country
7.6 LAMEA Media & Entertainment Market by Country
7.7 LAMEA Others Market by Country

Chapter 8. LAMEA Contactless Smart Cards Market by Country
8.1 Brazil Contactless Smart Cards Market
8.1.1 Brazil Contactless Smart Cards Market by Functionality
8.1.2 Brazil Contactless Smart Cards Market by Type
8.1.3 Brazil Contactless Smart Cards Market by Industry Vertical
8.2 Argentina Contactless Smart Cards Market
8.2.1 Argentina Contactless Smart Cards Market by Functionality
8.2.2 Argentina Contactless Smart Cards Market by Type
8.2.3 Argentina Contactless Smart Cards Market by Industry Vertical
8.3 UAE Contactless Smart Cards Market
8.3.1 UAE Contactless Smart Cards Market by Functionality
8.3.2 UAE Contactless Smart Cards Market by Type
8.3.3 UAE Contactless Smart Cards Market by Industry Vertical
8.4 Saudi Arabia Contactless Smart Cards Market
8.4.1 Saudi Arabia Contactless Smart Cards Market by Functionality
8.4.2 Saudi Arabia Contactless Smart Cards Market by Type
8.4.3 Saudi Arabia Contactless Smart Cards Market by Industry Vertical
8.5 South Africa Contactless Smart Cards Market
8.5.1 South Africa Contactless Smart Cards Market by Functionality
8.5.2 South Africa Contactless Smart Cards Market by Type
8.5.3 South Africa Contactless Smart Cards Market by Industry Vertical
8.6 Nigeria Contactless Smart Cards Market
8.6.1 Nigeria Contactless Smart Cards Market by Functionality
8.6.2 Nigeria Contactless Smart Cards Market by Type
8.6.3 Nigeria Contactless Smart Cards Market by Industry Vertical
8.7 Rest of LAMEA Contactless Smart Cards Market
8.7.1 Rest of LAMEA Contactless Smart Cards Market by Functionality
8.7.2 Rest of LAMEA Contactless Smart Cards Market by Type
8.7.3 Rest of LAMEA Contactless Smart Cards Market by Industry Vertical

Chapter 9. Company Profiles
9.1 Sony Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 SWOT Analysis
9.2 Watchdata Co., Ltd.
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Partnerships, Collaborations, and Agreements:
9.2.3 SWOT Analysis
9.3 Infineon Technologies AG
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 IDEMIA SAS (Advent International, Inc.)
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Partnerships, Collaborations, and Agreements:
9.4.2.2 Product Launches and Product Expansions:
9.4.2.3 Acquisition and Mergers:
9.4.3 SWOT Analysis
9.5 NXP Semiconductors N.V.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expense
9.5.5 SWOT Analysis
9.6 Thales Group S.A.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.6 SWOT Analysis
9.7 HID Global Corporation (Assa Abloy AB)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Acquisition and Mergers:
9.7.6 SWOT Analysis
9.8 STMicroelectronics N.V.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 SWOT Analysis
9.9 CardLogix Corporation
9.9.1 Company Overview
9.9.2 SWOT Analysis
9.10. CPI Card Group Inc. (Parallel49 Equity)
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental Analysis
9.10.4 SWOT Analysis

TABLE 1 LAMEA Contactless Smart Cards Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Contactless Smart Cards Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Contactless Smart Cards Market
TABLE 4 Product Launches And Product Expansions– Contactless Smart Cards Market
TABLE 5 Acquisition and Mergers– Contactless Smart Cards Market
TABLE 6 LAMEA Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
TABLE 7 LAMEA Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
TABLE 8 LAMEA Transaction Market by Country, 2020 - 2023, USD Million
TABLE 9 LAMEA Transaction Market by Country, 2024 - 2031, USD Million
TABLE 10 LAMEA Security & Access Control Market by Country, 2020 - 2023, USD Million
TABLE 11 LAMEA Security & Access Control Market by Country, 2024 - 2031, USD Million
TABLE 12 LAMEA Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
TABLE 13 LAMEA Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
TABLE 14 LAMEA MPU Microprocessor Market by Country, 2020 - 2023, USD Million
TABLE 15 LAMEA MPU Microprocessor Market by Country, 2024 - 2031, USD Million
TABLE 16 LAMEA Memory Market by Country, 2020 - 2023, USD Million
TABLE 17 LAMEA Memory Market by Country, 2024 - 2031, USD Million
TABLE 18 LAMEA Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 19 LAMEA Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 20 LAMEA BFSI Market by Country, 2020 - 2023, USD Million
TABLE 21 LAMEA BFSI Market by Country, 2024 - 2031, USD Million
TABLE 22 LAMEA Retail Market by Country, 2020 - 2023, USD Million
TABLE 23 LAMEA Retail Market by Country, 2024 - 2031, USD Million
TABLE 24 LAMEA Transportation & Logistics Market by Country, 2020 - 2023, USD Million
TABLE 25 LAMEA Transportation & Logistics Market by Country, 2024 - 2031, USD Million
TABLE 26 LAMEA Hospitality Market by Country, 2020 - 2023, USD Million
TABLE 27 LAMEA Hospitality Market by Country, 2024 - 2031, USD Million
TABLE 28 LAMEA Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 29 LAMEA Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 30 LAMEA Media & Entertainment Market by Country, 2020 - 2023, USD Million
TABLE 31 LAMEA Media & Entertainment Market by Country, 2024 - 2031, USD Million
TABLE 32 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 33 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 34 LAMEA Contactless Smart Cards Market by Country, 2020 - 2023, USD Million
TABLE 35 LAMEA Contactless Smart Cards Market by Country, 2024 - 2031, USD Million
TABLE 36 Brazil Contactless Smart Cards Market, 2020 - 2023, USD Million
TABLE 37 Brazil Contactless Smart Cards Market, 2024 - 2031, USD Million
TABLE 38 Brazil Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
TABLE 39 Brazil Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
TABLE 40 Brazil Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
TABLE 41 Brazil Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
TABLE 42 Brazil Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 43 Brazil Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 44 Argentina Contactless Smart Cards Market, 2020 - 2023, USD Million
TABLE 45 Argentina Contactless Smart Cards Market, 2024 - 2031, USD Million
TABLE 46 Argentina Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
TABLE 47 Argentina Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
TABLE 48 Argentina Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
TABLE 49 Argentina Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
TABLE 50 Argentina Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 51 Argentina Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 52 UAE Contactless Smart Cards Market, 2020 - 2023, USD Million
TABLE 53 UAE Contactless Smart Cards Market, 2024 - 2031, USD Million
TABLE 54 UAE Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
TABLE 55 UAE Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
TABLE 56 UAE Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
TABLE 57 UAE Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
TABLE 58 UAE Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 59 UAE Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 60 Saudi Arabia Contactless Smart Cards Market, 2020 - 2023, USD Million
TABLE 61 Saudi Arabia Contactless Smart Cards Market, 2024 - 2031, USD Million
TABLE 62 Saudi Arabia Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
TABLE 63 Saudi Arabia Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
TABLE 64 Saudi Arabia Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
TABLE 65 Saudi Arabia Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
TABLE 66 Saudi Arabia Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 67 Saudi Arabia Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 68 South Africa Contactless Smart Cards Market, 2020 - 2023, USD Million
TABLE 69 South Africa Contactless Smart Cards Market, 2024 - 2031, USD Million
TABLE 70 South Africa Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
TABLE 71 South Africa Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
TABLE 72 South Africa Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
TABLE 73 South Africa Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
TABLE 74 South Africa Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 75 South Africa Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 76 Nigeria Contactless Smart Cards Market, 2020 - 2023, USD Million
TABLE 77 Nigeria Contactless Smart Cards Market, 2024 - 2031, USD Million
TABLE 78 Nigeria Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
TABLE 79 Nigeria Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
TABLE 80 Nigeria Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
TABLE 81 Nigeria Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
TABLE 82 Nigeria Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 83 Nigeria Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 84 Rest of LAMEA Contactless Smart Cards Market, 2020 - 2023, USD Million
TABLE 85 Rest of LAMEA Contactless Smart Cards Market, 2024 - 2031, USD Million
TABLE 86 Rest of LAMEA Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
TABLE 87 Rest of LAMEA Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
TABLE 88 Rest of LAMEA Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
TABLE 89 Rest of LAMEA Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
TABLE 90 Rest of LAMEA Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 91 Rest of LAMEA Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 92 Key Information – Sony Corporation
TABLE 93 key Information – Watchdata Co., Ltd.
TABLE 94 Key Information – Infineon Technologies AG
TABLE 95 Key Information – IDEMIA SAS
TABLE 96 Key Information – NXP Semiconductors N.V.
TABLE 97 Key Information – Thales Group S.A.
TABLE 98 Key Information – HID Global Corporation
TABLE 99 Key Information – STMicroelectronics N.V.
TABLE 100 Key Information – CardLogix Corporation
TABLE 101 Key Information – CPI Card Group Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Contactless Smart Cards Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Contactless Smart Cards Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 6 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jan – 2023, Feb Leading Players
FIG 7 Porter’s Five Forces Analysis – Contactless Smart Cards Market
FIG 8 LAMEA Contactless Smart Cards Market share by Functionality, 2023
FIG 9 LAMEA Contactless Smart Cards Market share by Functionality, 2031
FIG 10 LAMEA Contactless Smart Cards Market by Functionality, 2020 - 2031, USD Million
FIG 11 LAMEA Contactless Smart Cards Market share by Type, 2023
FIG 12 LAMEA Contactless Smart Cards Market share by Type, 2031
FIG 13 LAMEA Contactless Smart Cards Market by Type, 2020 - 2031, USD Million
FIG 14 LAMEA Contactless Smart Cards Market share by Industry Vertical, 2023
FIG 15 LAMEA Contactless Smart Cards Market share by Industry Vertical, 2031
FIG 16 LAMEA Contactless Smart Cards Market by Industry Vertical, 2020 - 2031, USD Million
FIG 17 LAMEA Contactless Smart Cards Market share by Country, 2023
FIG 18 LAMEA Contactless Smart Cards Market share by Country, 2031
FIG 19 LAMEA Contactless Smart Cards Market by Country, 2020 - 2031, USD Million
FIG 20 SWOT Analysis: Sony Corporation
FIG 21 SWOT Analysis: Watchdata Co., Ltd.
FIG 22 Recent strategies and developments: Infineon Technologies AG
FIG 23 SWOT Analysis: Infineon Technologies AG
FIG 24 Recent strategies and developments: IDEMIA SAS
FIG 25 Swot Analysis: IDEMIA SAS
FIG 26 SWOT Analysis: NXP Semiconductors N.V.
FIG 27 SWOT Analysis: Thales Group S.A.
FIG 28 Recent strategies and developments: HID Global Corporation
FIG 29 SWOT Analysis: HID Global Corporation
FIG 30 SWOT Analysis: STMicroelectronics N.V.
FIG 31 SWOT Analysis: CardLogix Corporation
FIG 32 SWOT Analysis: CPI Card Group Inc.