The Latin America, Middle East and Africa Smart Card Market would witness market growth of 5.2% CAGR during the forecast period (2020-2026). The growing digitalization of various government processes and the increasing demand for identity cards required to get the benefit of government facilities are opening new growth prospects for the market.
Along with that, the provision of healthcare, licenses, and social benefit documentations of people has resulted in the introduction of smart cards by government authorities, hence accelerating the growth of the market in the coming years.
There is an increasing awareness among people regarding the advantages of contactless payments along with that using these cards is trending due to the ongoing pandemic situation. In this pandemic, authorities are creating awareness about the importance of maintaining social distancing when people go out to buy household items, groceries, etc., by utilizing these contactless payment options. People focus on restricting their physical touch while making payments. As per the research conducted in May 2020, by Fiserv (US), users prefer contactless cards because they are the fastest and the safest method for payment. Thus, the pandemic has boosted the demand for contactless card payment modes to avoid physical interaction with people.
The COVID-19 pandemic is surging the demand for the contactless smart card market because global agencies like World Health Organization (WHO) and governments all over the world are supporting the usage of contactless smart cards for different purposes to follow the social distancing norms to prevent the spread of the coronavirus. These contactless smart cards help in offering speed, ease, and convenience to the customers. Using the contactless interface becomes highly pertinent during the COVID-19 pandemic, particularly for payment applications because it streamlines safe & secure payment methods to avoid physical contact.
The Brazil market dominated the LAMEA Transportation Smart Card Market by Country 2019, and would continue to be a dominant market till 2026. The Argentina market would witness a CAGR of 5.8% during (2020 - 2026). Additionally, The UAE market is experiencing a CAGR of 5% during (2020 - 2026).
The MPU Microprocessor market dominated the South Africa Smart Card Market by Type 2019, thereby, achieving a market value of $123.7 million by 2026. The Memory Card market is expected to witness a CAGR of 6.5% during (2020 - 2026).
Based on Type, the market is segmented into MPU Microprocessor and Memory Card. Based on Interface, the market is segmented into Contactless, Contact and Dual Interface. Based on Functionality, the market is segmented into Communication, Transaction and Security. Based on Vertical, the market is segmented into Telecommunications, BFSI, Government & Healthcare, Transportation, Retail, Education 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: Smart Card Market in LAMEA is expected to register a CAGR of 5.2% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thales Group S.A., CPI Card Group (Parallel49 Equity), Assa Abloy AB, Giesecke & Devrient GmbH, IDEMIA SAS (Advent International, Inc.), Inteligensa, CardLogix Corporation, Watchdata Co., Ltd., Eastcompeace Technology Co., Ltd (Potevio Group), and ABCorp (American Banknote Corporation).
Scope of the Study
Market Segments Covered in the Report:
By Type
- MPU Microprocessor
- Memory Card
By Interface
- Contactless
- Contact
- Dual Interface
By Functionality
- Communication
- Transaction
- Security
By Vertical
- Telecommunications
- BFSI
- Government & Healthcare
- Transportation
- Retail
- Education
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Thales Group S.A.
- CPI Card Group (Parallel49 Equity)
- Assa Abloy AB
- Giesecke & Devrient GmbH
- IDEMIA SAS (Advent International, Inc.)
- Inteligensa
- CardLogix Corporation
- Watchdata Co., Ltd.
- Eastcompeace Technology Co., Ltd (Potevio Group)
- ABCorp (American Banknote Corporation)
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 Market, by Type
1.4.2 LAMEA Smart Card Market, by Interface
1.4.3 LAMEA Smart Card Market, by Functionality
1.4.4 LAMEA Smart Card Market, by Vertical
1.4.5 LAMEA Smart Card Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and 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 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Feb – 2021, Mar) Leading Players
Chapter 4. LAMEA Smart Card Market by Type
4.1 LAMEA Smart Card MPU Microprocessor Market by Country
4.2 LAMEA Smart Card Memory Card Market by Country
Chapter 5. LAMEA Smart Card Market by Interface
5.1 LAMEA Smart Card Contactless Market by Country
5.2 LAMEA Smart Card Contact Market by Country
5.3 LAMEA Smart Card Dual Interface Market by Country
Chapter 6. LAMEA Smart Card Market by Functionality
6.1 LAMEA Communication Smart Card Market by Country
6.2 LAMEA Transaction Smart Card Market by Country
6.3 LAMEA Security Smart Card Market by Country
Chapter 7. LAMEA Smart Card Market by Vertical
7.1 LAMEA Telecommunications Smart Card Market by Country
7.2 LAMEA BFSI Smart Card Market by Country
7.3 LAMEA Government & Healthcare Smart Card Market by Country
7.4 LAMEA Transportation Smart Card Market by Country
7.5 LAMEA Retail Smart Card Market by Country
7.6 LAMEA Education Smart Card Market by Country
7.7 LAMEA Others Smart Card Market by Country
Chapter 8. LAMEA Smart Card Market by Country
8.1 Brazil Smart Card Market
8.1.1 Brazil Smart Card Market by Type
8.1.2 Brazil Smart Card Market by Interface
8.1.3 Brazil Smart Card Market by Functionality
8.1.4 Brazil Smart Card Market by Vertical
8.2 Argentina Smart Card Market
8.2.1 Argentina Smart Card Market by Type
8.2.2 Argentina Smart Card Market by Interface
8.2.3 Argentina Smart Card Market by Functionality
8.2.4 Argentina Smart Card Market by Vertical
8.3 UAE Smart Card Market
8.3.1 UAE Smart Card Market by Type
8.3.2 UAE Smart Card Market by Interface
8.3.3 UAE Smart Card Market by Functionality
8.3.4 UAE Smart Card Market by Vertical
8.4 Saudi Arabia Smart Card Market
8.4.1 Saudi Arabia Smart Card Market by Type
8.4.2 Saudi Arabia Smart Card Market by Interface
8.4.3 Saudi Arabia Smart Card Market by Functionality
8.4.4 Saudi Arabia Smart Card Market by Vertical
8.5 South Africa Smart Card Market
8.5.1 South Africa Smart Card Market by Type
8.5.2 South Africa Smart Card Market by Interface
8.5.3 South Africa Smart Card Market by Functionality
8.5.4 South Africa Smart Card Market by Vertical
8.6 Nigeria Smart Card Market
8.6.1 Nigeria Smart Card Market by Type
8.6.2 Nigeria Smart Card Market by Interface
8.6.3 Nigeria Smart Card Market by Functionality
8.6.4 Nigeria Smart Card Market by Vertical
8.7 Rest of LAMEA Smart Card Market
8.7.1 Rest of LAMEA Smart Card Market by Type
8.7.2 Rest of LAMEA Smart Card Market by Interface
8.7.3 Rest of LAMEA Smart Card Market by Functionality
8.7.4 Rest of LAMEA Smart Card Market by Vertical
Chapter 9. Company Profiles
9.1 Thales Group S.A.
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 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.2 CPI Card Group (Parallel49 Equity)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.4.2 Product Launches and Product Expansions:
9.3 Assa Abloy AB
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental 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 Product Launches and Product Expansions:
9.3.5.3 Acquisition and Mergers:
9.4 Giesecke & Devrient GmbH
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Research & Development Expense
9.4.4 Recent strategies and developments:
9.4.4.1 Partnerships, Collaborations, and Agreements:
9.5 IDEMIA SAS (Advent International, Inc.)
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Partnerships, Collaborations, and Agreements:
9.5.2.2 Product Launches and Product Expansions:
9.5.2.3 Acquisition and Mergers:
9.6 Inteligensa
9.6.1 Company Overview
9.7 CardLogix Corporation
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Product Launches and Product Expansions:
9.8 Watchdata Co., Ltd.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.9 Eastcompeace Technology Co., Ltd (Potevio Group)
9.9.1 Company Overview
9.10. ABCorp (American Banknote Corporation)
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
9.10.2.2 Product Launches and Product Expansions:
TABLE 1 LAMEA Smart Card Market, 2016 - 2019, USD Million
TABLE 2 LAMEA Smart Card Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Cards Market
TABLE 4 Product Launches And Product Expansions– Smart Cards Market
TABLE 5 Acquisition and Mergers– Smart Cards Market
TABLE 6 LAMEA Smart Card Market by Type, 2016 - 2019, USD Million
TABLE 7 LAMEA Smart Card Market by Type, 2020 - 2026, USD Million
TABLE 8 LAMEA Smart Card MPU Microprocessor Market by Country, 2016 - 2019, USD Million
TABLE 9 LAMEA Smart Card MPU Microprocessor Market by Country, 2020 - 2026, USD Million
TABLE 10 LAMEA Smart Card Memory Card Market by Country, 2016 - 2019, USD Million
TABLE 11 LAMEA Smart Card Memory Card Market by Country, 2020 - 2026, USD Million
TABLE 12 LAMEA Smart Card Market by Interface, 2016 - 2019, USD Million
TABLE 13 LAMEA Smart Card Market by Interface, 2020 - 2026, USD Million
TABLE 14 LAMEA Smart Card Contactless Market by Country, 2016 - 2019, USD Million
TABLE 15 LAMEA Smart Card Contactless Market by Country, 2020 - 2026, USD Million
TABLE 16 LAMEA Smart Card Contact Market by Country, 2016 - 2019, USD Million
TABLE 17 LAMEA Smart Card Contact Market by Country, 2020 - 2026, USD Million
TABLE 18 LAMEA Smart Card Dual Interface Market by Country, 2016 - 2019, USD Million
TABLE 19 LAMEA Smart Card Dual Interface Market by Country, 2020 - 2026, USD Million
TABLE 20 LAMEA Smart Card Market by Functionality, 2016 - 2019, USD Million
TABLE 21 LAMEA Smart Card Market by Functionality, 2020 - 2026, USD Million
TABLE 22 LAMEA Communication Smart Card Market by Country, 2016 - 2019, USD Million
TABLE 23 LAMEA Communication Smart Card Market by Country, 2020 - 2026, USD Million
TABLE 24 LAMEA Transaction Smart Card Market by Country, 2016 - 2019, USD Million
TABLE 25 LAMEA Transaction Smart Card Market by Country, 2020 - 2026, USD Million
TABLE 26 LAMEA Security Smart Card Market by Country, 2016 - 2019, USD Million
TABLE 27 LAMEA Security Smart Card Market by Country, 2020 - 2026, USD Million
TABLE 28 LAMEA Smart Card Market by Vertical, 2016 - 2019, USD Million
TABLE 29 LAMEA Smart Card Market by Vertical, 2020 - 2026, USD Million
TABLE 30 LAMEA Telecommunications Smart Card Market by Country, 2016 - 2019, USD Million
TABLE 31 LAMEA Telecommunications Smart Card Market by Country, 2020 - 2026, USD Million
TABLE 32 LAMEA BFSI Smart Card Market by Country, 2016 - 2019, USD Million
TABLE 33 LAMEA BFSI Smart Card Market by Country, 2020 - 2026, USD Million
TABLE 34 LAMEA Government & Healthcare Smart Card Market by Country, 2016 - 2019, USD Million
TABLE 35 LAMEA Government & Healthcare Smart Card Market by Country, 2020 - 2026, USD Million
TABLE 36 LAMEA Transportation Smart Card Market by Country, 2016 - 2019, USD Million
TABLE 37 LAMEA Transportation Smart Card Market by Country, 2020 - 2026, USD Million
TABLE 38 LAMEA Retail Smart Card Market by Country, 2016 - 2019, USD Million
TABLE 39 LAMEA Retail Smart Card Market by Country, 2020 - 2026, USD Million
TABLE 40 LAMEA Education Smart Card Market by Country, 2016 - 2019, USD Million
TABLE 41 LAMEA Education Smart Card Market by Country, 2020 - 2026, USD Million
TABLE 42 LAMEA Others Smart Card Market by Country, 2016 - 2019, USD Million
TABLE 43 LAMEA Others Smart Card Market by Country, 2020 - 2026, USD Million
TABLE 44 LAMEA Smart Card Market by Country, 2016 - 2019, USD Million
TABLE 45 LAMEA Smart Card Market by Country, 2020 - 2026, USD Million
TABLE 46 Brazil Smart Card Market, 2016 - 2019, USD Million
TABLE 47 Brazil Smart Card Market, 2020 - 2026, USD Million
TABLE 48 Brazil Smart Card Market by Type, 2016 - 2019, USD Million
TABLE 49 Brazil Smart Card Market by Type, 2020 - 2026, USD Million
TABLE 50 Brazil Smart Card Market by Interface, 2016 - 2019, USD Million
TABLE 51 Brazil Smart Card Market by Interface, 2020 - 2026, USD Million
TABLE 52 Brazil Smart Card Market by Functionality, 2016 - 2019, USD Million
TABLE 53 Brazil Smart Card Market by Functionality, 2020 - 2026, USD Million
TABLE 54 Brazil Smart Card Market by Vertical, 2016 - 2019, USD Million
TABLE 55 Brazil Smart Card Market by Vertical, 2020 - 2026, USD Million
TABLE 56 Argentina Smart Card Market, 2016 - 2019, USD Million
TABLE 57 Argentina Smart Card Market, 2020 - 2026, USD Million
TABLE 58 Argentina Smart Card Market by Type, 2016 - 2019, USD Million
TABLE 59 Argentina Smart Card Market by Type, 2020 - 2026, USD Million
TABLE 60 Argentina Smart Card Market by Interface, 2016 - 2019, USD Million
TABLE 61 Argentina Smart Card Market by Interface, 2020 - 2026, USD Million
TABLE 62 Argentina Smart Card Market by Functionality, 2016 - 2019, USD Million
TABLE 63 Argentina Smart Card Market by Functionality, 2020 - 2026, USD Million
TABLE 64 Argentina Smart Card Market by Vertical, 2016 - 2019, USD Million
TABLE 65 Argentina Smart Card Market by Vertical, 2020 - 2026, USD Million
TABLE 66 UAE Smart Card Market, 2016 - 2019, USD Million
TABLE 67 UAE Smart Card Market, 2020 - 2026, USD Million
TABLE 68 UAE Smart Card Market by Type, 2016 - 2019, USD Million
TABLE 69 UAE Smart Card Market by Type, 2020 - 2026, USD Million
TABLE 70 UAE Smart Card Market by Interface, 2016 - 2019, USD Million
TABLE 71 UAE Smart Card Market by Interface, 2020 - 2026, USD Million
TABLE 72 UAE Smart Card Market by Functionality, 2016 - 2019, USD Million
TABLE 73 UAE Smart Card Market by Functionality, 2020 - 2026, USD Million
TABLE 74 UAE Smart Card Market by Vertical, 2016 - 2019, USD Million
TABLE 75 UAE Smart Card Market by Vertical, 2020 - 2026, USD Million
TABLE 76 Saudi Arabia Smart Card Market, 2016 - 2019, USD Million
TABLE 77 Saudi Arabia Smart Card Market, 2020 - 2026, USD Million
TABLE 78 Saudi Arabia Smart Card Market by Type, 2016 - 2019, USD Million
TABLE 79 Saudi Arabia Smart Card Market by Type, 2020 - 2026, USD Million
TABLE 80 Saudi Arabia Smart Card Market by Interface, 2016 - 2019, USD Million
TABLE 81 Saudi Arabia Smart Card Market by Interface, 2020 - 2026, USD Million
TABLE 82 Saudi Arabia Smart Card Market by Functionality, 2016 - 2019, USD Million
TABLE 83 Saudi Arabia Smart Card Market by Functionality, 2020 - 2026, USD Million
TABLE 84 Saudi Arabia Smart Card Market by Vertical, 2016 - 2019, USD Million
TABLE 85 Saudi Arabia Smart Card Market by Vertical, 2020 - 2026, USD Million
TABLE 86 South Africa Smart Card Market, 2016 - 2019, USD Million
TABLE 87 South Africa Smart Card Market, 2020 - 2026, USD Million
TABLE 88 South Africa Smart Card Market by Type, 2016 - 2019, USD Million
TABLE 89 South Africa Smart Card Market by Type, 2020 - 2026, USD Million
TABLE 90 South Africa Smart Card Market by Interface, 2016 - 2019, USD Million
TABLE 91 South Africa Smart Card Market by Interface, 2020 - 2026, USD Million
TABLE 92 South Africa Smart Card Market by Functionality, 2016 - 2019, USD Million
TABLE 93 South Africa Smart Card Market by Functionality, 2020 - 2026, USD Million
TABLE 94 South Africa Smart Card Market by Vertical, 2016 - 2019, USD Million
TABLE 95 South Africa Smart Card Market by Vertical, 2020 - 2026, USD Million
TABLE 96 Nigeria Smart Card Market, 2016 - 2019, USD Million
TABLE 97 Nigeria Smart Card Market, 2020 - 2026, USD Million
TABLE 98 Nigeria Smart Card Market by Type, 2016 - 2019, USD Million
TABLE 99 Nigeria Smart Card Market by Type, 2020 - 2026, USD Million
TABLE 100 Nigeria Smart Card Market by Interface, 2016 - 2019, USD Million
TABLE 101 Nigeria Smart Card Market by Interface, 2020 - 2026, USD Million
TABLE 102 Nigeria Smart Card Market by Functionality, 2016 - 2019, USD Million
TABLE 103 Nigeria Smart Card Market by Functionality, 2020 - 2026, USD Million
TABLE 104 Nigeria Smart Card Market by Vertical, 2016 - 2019, USD Million
TABLE 105 Nigeria Smart Card Market by Vertical, 2020 - 2026, USD Million
TABLE 106 Rest of LAMEA Smart Card Market, 2016 - 2019, USD Million
TABLE 107 Rest of LAMEA Smart Card Market, 2020 - 2026, USD Million
TABLE 108 Rest of LAMEA Smart Card Market by Type, 2016 - 2019, USD Million
TABLE 109 Rest of LAMEA Smart Card Market by Type, 2020 - 2026, USD Million
TABLE 110 Rest of LAMEA Smart Card Market by Interface, 2016 - 2019, USD Million
TABLE 111 Rest of LAMEA Smart Card Market by Interface, 2020 - 2026, USD Million
TABLE 112 Rest of LAMEA Smart Card Market by Functionality, 2016 - 2019, USD Million
TABLE 113 Rest of LAMEA Smart Card Market by Functionality, 2020 - 2026, USD Million
TABLE 114 Rest of LAMEA Smart Card Market by Vertical, 2016 - 2019, USD Million
TABLE 115 Rest of LAMEA Smart Card Market by Vertical, 2020 - 2026, USD Million
TABLE 116 key information – Thales Group S.A.
TABLE 117 Key Information – CPI Card Group
TABLE 118 Key Information – Assa Abloy AB
TABLE 119 Key Information – Giesecke & Devrient GmbH
TABLE 120 Key Information – IDEMIA SAS
TABLE 121 key information – Inteligensa
TABLE 122 Key Information – CardLogix Corporation
TABLE 123 key Information – Watchdata Co., Ltd.
TABLE 124 Key Information – Eastcompeace Technology Co., Ltd
TABLE 125 key information – ABCorp (American Banknote Corporation)
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Feb – 2021, Mar) Leading Players
FIG 5 Recent strategies and developments: Thales Group S.A.
FIG 6 Recent strategies and developments: CPI Card Group
FIG 7 Recent strategies and strategies: Assa Abloy AB
FIG 8 Recent strategies and developments: IDEMIA SAS
FIG 9 Recent strategies and developments: ABCorp