LAMEA Smart Card IC Market Size, Share & Industry Trends Analysis Report By Type (Microprocessor and Memory), By Interface (Contactless, Contact and Dual), By Application, By Industry, By Country and Growth Forecast, 2023 - 2029

The Latin America, Middle East and Africa Smart Card IC Market would witness market growth of 8.1% CAGR during the forecast period (2023-2029).

A smart card IC may be used to store data or carry out certain functions and inserted into a plastic card. They are utilized in several applications, including access control, identity management, and credit and debit cards. The increased data storage capacity, security, and portability of smart card ICs are some of their main advantages. Due to their difficulty in duplicating and resistance to tampering, smart card ICs offer high security. They are perfect for access control and identity management applications since they can store a lot of data. Smart cards are also transportable and simple to carry in a purse or wallet.

Incorporating the latest technological features in smart cards has further expedited their use. With the help of AI, enterprises can now develop quick, secure apps that adhere to high-security standards. Using smart cards to manage cryptographic keys can make transactions more secure and efficient. Vaults are used to store cryptographic keys. The keys on smart cards can be compared with keys kept in online libraries when they are connected to the Internet through point-of-sale readers. If there is a successful match, users are given authenticated status. This should make it easier for banks as well as other financial ecosystem participants, to secure and validate customers' identities, which would lower the incidence of online theft.

Since issuers are committing to the technology, the proportion of contactless-enabled cards is rising quickly as banking institutions now issue most cards in the region with contactless certifications. As a result of changes in customer behavior brought on by COVID, Latin America is rapidly approaching a turning point in the adoption of contactless technology. Customers and companies have adopted contactless payments throughout Latin America due to their quickness and ease. The popularity of contactless cards is partly due to their convenience and the fact that they are safe and offer robust fraud prevention. In addition, contactless cards have some of the lowest fraud rates of any payment, propelling their use in the region. Therefore, the regional smart card IC market will grow significantly in the coming years.

The Brazil market dominated the LAMEA Smart Card IC Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $78.8 million by 2029. The Argentina market is exhibiting a CAGR of 8.7% during (2023 - 2029). Additionally, The UAE market would showcase a CAGR of 7.9% during (2023 - 2029).

Based on Type, the market is segmented into Microprocessor and Memory. Based on Interface, the market is segmented into Contactless, Contact and Dual. Based on Application, the market is segmented into USIMs/eSIMs, ID cards, Financial Cards, and IoT Devices. Based on Industry, the market is segmented into Telecommunications, BFSI, Government & Healthcare, Transportation, Education, Retail and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Smart Card IC Market is Projected to reach USD 4.3 Billion by 2029, at a CAGR of 6.3%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Toshiba Corporation, ON Semiconductor Corporation, Microchip Technology Incorporated, STMicroelectronics N.V., Texas Instruments, Inc., Sony Corporation, Analog Devices, Inc., Infineon Technologies AG, Samsung Electronics Co., Ltd. (Samsung Group) and NXP Semiconductors N.V.

Scope of the Study

Market Segments Covered in the Report:

By Type

• Microprocessor
• Memory

By Interface

• Contactless
• Contact
• Dual

By Application

• USIMs/eSIMs
• ID cards
• Financial Cards
• IoT Devices

By Industry

• Telecommunications
• BFSI
• Government & Healthcare
• Transportation
• Education
• Retail
• Others

By Country

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

Key Market Players

List of Companies Profiled in the Report:

• Toshiba Corporation
• ON Semiconductor Corporation
• Microchip Technology Incorporated
• STMicroelectronics N.V.
• Texas Instruments, Inc.
• Sony Corporation
• Analog Devices, Inc.
• Infineon Technologies AG
• Samsung Electronics Co., Ltd. (Samsung Group)
• NXP Semiconductors N.V.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Smart Card IC Market, by Type
1.4.2 LAMEA Smart Card IC Market, by Interface
1.4.3 LAMEA Smart Card IC Market, by Application
1.4.4 LAMEA Smart Card IC Market, by Industry
1.4.5 LAMEA Smart Card IC Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis – Global
3.1 Market Share Analysis, 2021
3.2 Strategies deployed in Smart Card IC Market

Chapter 4. LAMEA Smart Card IC Market by Type
4.1 LAMEA Microprocessor Market by Country
4.2 LAMEA Memory Market by Country

Chapter 5. LAMEA Smart Card IC Market by Interface
5.1 LAMEA Contactless Market by Country
5.2 LAMEA Contact Market by Country
5.3 LAMEA Dual Market by Country

Chapter 6. LAMEA Smart Card IC Market by Application
6.1 LAMEA USIMs/eSIMs Market by Country
6.2 LAMEA ID cards Market by Country
6.3 LAMEA Financial Cards Market by Country
6.4 LAMEA IoT Devices Market by Country

Chapter 7. LAMEA Smart Card IC Market by Industry
7.1 LAMEA Telecommunications Market by Country
7.2 LAMEA BFSI Market by Country
7.3 LAMEA Government & Healthcare Market by Country
7.4 LAMEA Transportation Market by Country
7.5 LAMEA Education Market by Country
7.6 LAMEA Retail Market by Country
7.7 LAMEA Others Market by Country

Chapter 8. LAMEA Smart Card IC Market by Country
8.1 Brazil Smart Card IC Market
8.1.1 Brazil Smart Card IC Market by Type
8.1.2 Brazil Smart Card IC Market by Interface
8.1.3 Brazil Smart Card IC Market by Application
8.1.4 Brazil Smart Card IC Market by Industry
8.2 Argentina Smart Card IC Market
8.2.1 Argentina Smart Card IC Market by Type
8.2.2 Argentina Smart Card IC Market by Interface
8.2.3 Argentina Smart Card IC Market by Application
8.2.4 Argentina Smart Card IC Market by Industry
8.3 UAE Smart Card IC Market
8.3.1 UAE Smart Card IC Market by Type
8.3.2 UAE Smart Card IC Market by Interface
8.3.3 UAE Smart Card IC Market by Application
8.3.4 UAE Smart Card IC Market by Industry
8.4 Saudi Arabia Smart Card IC Market
8.4.1 Saudi Arabia Smart Card IC Market by Type
8.4.2 Saudi Arabia Smart Card IC Market by Interface
8.4.3 Saudi Arabia Smart Card IC Market by Application
8.4.4 Saudi Arabia Smart Card IC Market by Industry
8.5 South Africa Smart Card IC Market
8.5.1 South Africa Smart Card IC Market by Type
8.5.2 South Africa Smart Card IC Market by Interface
8.5.3 South Africa Smart Card IC Market by Application
8.5.4 South Africa Smart Card IC Market by Industry
8.6 Nigeria Smart Card IC Market
8.6.1 Nigeria Smart Card IC Market by Type
8.6.2 Nigeria Smart Card IC Market by Interface
8.6.3 Nigeria Smart Card IC Market by Application
8.6.4 Nigeria Smart Card IC Market by Industry
8.7 Rest of LAMEA Smart Card IC Market
8.7.1 Rest of LAMEA Smart Card IC Market by Type
8.7.2 Rest of LAMEA Smart Card IC Market by Interface
8.7.3 Rest of LAMEA Smart Card IC Market by Application
8.7.4 Rest of LAMEA Smart Card IC Market by Industry

Chapter 9. Company Profiles
9.1 Toshiba Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research and Development Expense
9.1.5 SWOT Analysis
9.2 ON Semiconductor Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 SWOT Analysis
9.3 Microchip Technology Incorporated
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.4 STMicroelectronics N.V.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Texas Instruments, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.6 Sony Corporation
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 SWOT Analysis
9.7 Analog Devices, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Acquisition and Mergers:
9.7.6 SWOT Analysis
9.8 Infineon Technologies AG
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 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Product Launches and Product Expansions:
9.8.5.3 Geographical Expansions:
9.8.6 SWOT Analysis
9.9 Samsung Electronics Co., Ltd. (Samsung Group)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. NXP Semiconductors N.V.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
9.10.6 SWOT Analysis

TABLE 1 LAMEA Smart Card IC Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Smart Card IC Market, 2023 - 2029, USD Million
TABLE 3 LAMEA Smart Card IC Market by Type, 2019 - 2022, USD Million
TABLE 4 LAMEA Smart Card IC Market by Type, 2023 - 2029, USD Million
TABLE 5 LAMEA Microprocessor Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Microprocessor Market by Country, 2023 - 2029, USD Million
TABLE 7 LAMEA Memory Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Memory Market by Country, 2023 - 2029, USD Million
TABLE 9 LAMEA Smart Card IC Market by Interface, 2019 - 2022, USD Million
TABLE 10 LAMEA Smart Card IC Market by Interface, 2023 - 2029, USD Million
TABLE 11 LAMEA Contactless Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Contactless Market by Country, 2023 - 2029, USD Million
TABLE 13 LAMEA Contact Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Contact Market by Country, 2023 - 2029, USD Million
TABLE 15 LAMEA Dual Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Dual Market by Country, 2023 - 2029, USD Million
TABLE 17 LAMEA Smart Card IC Market by Application, 2019 - 2022, USD Million
TABLE 18 LAMEA Smart Card IC Market by Application, 2023 - 2029, USD Million
TABLE 19 LAMEA USIMs/eSIMs Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA USIMs/eSIMs Market by Country, 2023 - 2029, USD Million
TABLE 21 LAMEA ID cards Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA ID cards Market by Country, 2023 - 2029, USD Million
TABLE 23 LAMEA Financial Cards Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Financial Cards Market by Country, 2023 - 2029, USD Million
TABLE 25 LAMEA IoT Devices Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA IoT Devices Market by Country, 2023 - 2029, USD Million
TABLE 27 LAMEA Smart Card IC Market by Industry, 2019 - 2022, USD Million
TABLE 28 LAMEA Smart Card IC Market by Industry, 2023 - 2029, USD Million
TABLE 29 LAMEA Telecommunications Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Telecommunications Market by Country, 2023 - 2029, USD Million
TABLE 31 LAMEA BFSI Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA BFSI Market by Country, 2023 - 2029, USD Million
TABLE 33 LAMEA Government & Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Government & Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 35 LAMEA Transportation Market by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA Transportation Market by Country, 2023 - 2029, USD Million
TABLE 37 LAMEA Education Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Education Market by Country, 2023 - 2029, USD Million
TABLE 39 LAMEA Retail Market by Country, 2019 - 2022, USD Million
TABLE 40 LAMEA Retail Market by Country, 2023 - 2029, USD Million
TABLE 41 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 43 LAMEA Smart Card IC Market by Country, 2019 - 2022, USD Million
TABLE 44 LAMEA Smart Card IC Market by Country, 2023 - 2029, USD Million
TABLE 45 Brazil Smart Card IC Market, 2019 - 2022, USD Million
TABLE 46 Brazil Smart Card IC Market, 2023 - 2029, USD Million
TABLE 47 Brazil Smart Card IC Market by Type, 2019 - 2022, USD Million
TABLE 48 Brazil Smart Card IC Market by Type, 2023 - 2029, USD Million
TABLE 49 Brazil Smart Card IC Market by Interface, 2019 - 2022, USD Million
TABLE 50 Brazil Smart Card IC Market by Interface, 2023 - 2029, USD Million
TABLE 51 Brazil Smart Card IC Market by Application, 2019 - 2022, USD Million
TABLE 52 Brazil Smart Card IC Market by Application, 2023 - 2029, USD Million
TABLE 53 Brazil Smart Card IC Market by Industry, 2019 - 2022, USD Million
TABLE 54 Brazil Smart Card IC Market by Industry, 2023 - 2029, USD Million
TABLE 55 Argentina Smart Card IC Market, 2019 - 2022, USD Million
TABLE 56 Argentina Smart Card IC Market, 2023 - 2029, USD Million
TABLE 57 Argentina Smart Card IC Market by Type, 2019 - 2022, USD Million
TABLE 58 Argentina Smart Card IC Market by Type, 2023 - 2029, USD Million
TABLE 59 Argentina Smart Card IC Market by Interface, 2019 - 2022, USD Million
TABLE 60 Argentina Smart Card IC Market by Interface, 2023 - 2029, USD Million
TABLE 61 Argentina Smart Card IC Market by Application, 2019 - 2022, USD Million
TABLE 62 Argentina Smart Card IC Market by Application, 2023 - 2029, USD Million
TABLE 63 Argentina Smart Card IC Market by Industry, 2019 - 2022, USD Million
TABLE 64 Argentina Smart Card IC Market by Industry, 2023 - 2029, USD Million
TABLE 65 UAE Smart Card IC Market, 2019 - 2022, USD Million
TABLE 66 UAE Smart Card IC Market, 2023 - 2029, USD Million
TABLE 67 UAE Smart Card IC Market by Type, 2019 - 2022, USD Million
TABLE 68 UAE Smart Card IC Market by Type, 2023 - 2029, USD Million
TABLE 69 UAE Smart Card IC Market by Interface, 2019 - 2022, USD Million
TABLE 70 UAE Smart Card IC Market by Interface, 2023 - 2029, USD Million
TABLE 71 UAE Smart Card IC Market by Application, 2019 - 2022, USD Million
TABLE 72 UAE Smart Card IC Market by Application, 2023 - 2029, USD Million
TABLE 73 UAE Smart Card IC Market by Industry, 2019 - 2022, USD Million
TABLE 74 UAE Smart Card IC Market by Industry, 2023 - 2029, USD Million
TABLE 75 Saudi Arabia Smart Card IC Market, 2019 - 2022, USD Million
TABLE 76 Saudi Arabia Smart Card IC Market, 2023 - 2029, USD Million
TABLE 77 Saudi Arabia Smart Card IC Market by Type, 2019 - 2022, USD Million
TABLE 78 Saudi Arabia Smart Card IC Market by Type, 2023 - 2029, USD Million
TABLE 79 Saudi Arabia Smart Card IC Market by Interface, 2019 - 2022, USD Million
TABLE 80 Saudi Arabia Smart Card IC Market by Interface, 2023 - 2029, USD Million
TABLE 81 Saudi Arabia Smart Card IC Market by Application, 2019 - 2022, USD Million
TABLE 82 Saudi Arabia Smart Card IC Market by Application, 2023 - 2029, USD Million
TABLE 83 Saudi Arabia Smart Card IC Market by Industry, 2019 - 2022, USD Million
TABLE 84 Saudi Arabia Smart Card IC Market by Industry, 2023 - 2029, USD Million
TABLE 85 South Africa Smart Card IC Market, 2019 - 2022, USD Million
TABLE 86 South Africa Smart Card IC Market, 2023 - 2029, USD Million
TABLE 87 South Africa Smart Card IC Market by Type, 2019 - 2022, USD Million
TABLE 88 South Africa Smart Card IC Market by Type, 2023 - 2029, USD Million
TABLE 89 South Africa Smart Card IC Market by Interface, 2019 - 2022, USD Million
TABLE 90 South Africa Smart Card IC Market by Interface, 2023 - 2029, USD Million
TABLE 91 South Africa Smart Card IC Market by Application, 2019 - 2022, USD Million
TABLE 92 South Africa Smart Card IC Market by Application, 2023 - 2029, USD Million
TABLE 93 South Africa Smart Card IC Market by Industry, 2019 - 2022, USD Million
TABLE 94 South Africa Smart Card IC Market by Industry, 2023 - 2029, USD Million
TABLE 95 Nigeria Smart Card IC Market, 2019 - 2022, USD Million
TABLE 96 Nigeria Smart Card IC Market, 2023 - 2029, USD Million
TABLE 97 Nigeria Smart Card IC Market by Type, 2019 - 2022, USD Million
TABLE 98 Nigeria Smart Card IC Market by Type, 2023 - 2029, USD Million
TABLE 99 Nigeria Smart Card IC Market by Interface, 2019 - 2022, USD Million
TABLE 100 Nigeria Smart Card IC Market by Interface, 2023 - 2029, USD Million
TABLE 101 Nigeria Smart Card IC Market by Application, 2019 - 2022, USD Million
TABLE 102 Nigeria Smart Card IC Market by Application, 2023 - 2029, USD Million
TABLE 103 Nigeria Smart Card IC Market by Industry, 2019 - 2022, USD Million
TABLE 104 Nigeria Smart Card IC Market by Industry, 2023 - 2029, USD Million
TABLE 105 Rest of LAMEA Smart Card IC Market, 2019 - 2022, USD Million
TABLE 106 Rest of LAMEA Smart Card IC Market, 2023 - 2029, USD Million
TABLE 107 Rest of LAMEA Smart Card IC Market by Type, 2019 - 2022, USD Million
TABLE 108 Rest of LAMEA Smart Card IC Market by Type, 2023 - 2029, USD Million
TABLE 109 Rest of LAMEA Smart Card IC Market by Interface, 2019 - 2022, USD Million
TABLE 110 Rest of LAMEA Smart Card IC Market by Interface, 2023 - 2029, USD Million
TABLE 111 Rest of LAMEA Smart Card IC Market by Application, 2019 - 2022, USD Million
TABLE 112 Rest of LAMEA Smart Card IC Market by Application, 2023 - 2029, USD Million
TABLE 113 Rest of LAMEA Smart Card IC Market by Industry, 2019 - 2022, USD Million
TABLE 114 Rest of LAMEA Smart Card IC Market by Industry, 2023 - 2029, USD Million
TABLE 115 Key Information – Toshiba Corporation
TABLE 116 Key Information – ON Semiconductor Corporation
TABLE 117 Key Information – Microchip Technology Incorporated
TABLE 118 Key Information – STMicroelectronics N.V.
TABLE 119 Key Information – Texas Instruments, Inc.
TABLE 120 Key Information – Sony Corporation
TABLE 121 key information – Analog Devices, Inc.
TABLE 122 Key Information – Infineon Technologies AG
TABLE 123 Key Information – Samsung Electronics Co., Ltd.
TABLE 124 Key Information – NXP Semiconductors N.V.

List of Figures
FIG 1 Methodology for the research
FIG 2 Market Share Analysis, 2021
FIG 3 SWOT Analysis: Toshiba Corporation
FIG 4 SWOT Analysis: ON Semiconductor Corporation
FIG 5 Swot analysis: stmicroelectronics n.v.
FIG 6 Swot analysis: sony corporation
FIG 7 Swot analysis: analog devices, inc.
FIG 8 Recent strategies and developments: Infineon Technologies AG
FIG 9 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 10 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 11 Swot analysis: NXP semiconductors N.V.