North America 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 North America Contactless Smart Cards Market would witness market growth of 7.6% CAGR during the forecast period (2024-2031).

The US market dominated the North America Contactless Smart Cards Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,901.7 million by 2031. The Canada market is experiencing a CAGR of 7.9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8.6% during (2024 - 2031).

Contactless smart cards are integrated into IoT ecosystems, enabling seamless connectivity and communication between devices. For example, smart home systems can use contactless smart cards for user authentication and access control, enhancing security and automation. Some contactless smart card solutions leverage blockchain technology to enhance transaction security, transparency, and traceability. Blockchain-based contactless smart cards offer decentralized and tamper-resistant payment systems, appealing to users seeking heightened security and privacy.

Innovations in contactless smart card materials and manufacturing processes focus on reducing environmental impact. Biodegradable materials, recycled plastics, and energy-efficient production methods are being adopted to create more sustainable card solutions. Contactless smart card design and user interface innovations aim to improve the overall user experience. This includes customizable card designs, intuitive user interfaces, and seamless integration with digital platforms for card management and transaction monitoring.

The Mexican Online Sales Association estimates that the domestic e-commerce sector was worth USD 19.7 billion in 2021, an increase of 27% over 2020. In 2021, there were 57.5 million users of Mexican eCommerce, up 11% from the previous year. In 2020, women made up 51% of Mexican eCommerce users. Similarly, as per the International Trade Administration, in 2022, there were more than 27 million e-commerce users in Canada, or 75% of the population. By 2025, this percentage is projected to increase to 77.6%. Hence, the factors mentioned above will drive the regional market growth.

Free Valuable Insights: The Contactless Smart Cards Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.

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)

North America 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

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Contactless Smart Cards Market, by Functionality
1.4.2 North America Contactless Smart Cards Market, by Type
1.4.3 North America Contactless Smart Cards Market, by Industry Vertical
1.4.4 North America 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. North America Contactless Smart Cards Market by Functionality
5.1 North America Transaction Market by Region
5.2 North America Security & Access Control Market by Region

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

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

Chapter 8. North America Contactless Smart Cards Market by Country
8.1 US Contactless Smart Cards Market
8.1.1 US Contactless Smart Cards Market by Functionality
8.1.2 US Contactless Smart Cards Market by Type
8.1.3 US Contactless Smart Cards Market by Industry Vertical
8.2 Canada Contactless Smart Cards Market
8.2.1 Canada Contactless Smart Cards Market by Functionality
8.2.2 Canada Contactless Smart Cards Market by Type
8.2.3 Canada Contactless Smart Cards Market by Industry Vertical
8.3 Mexico Contactless Smart Cards Market
8.3.1 Mexico Contactless Smart Cards Market by Functionality
8.3.2 Mexico Contactless Smart Cards Market by Type
8.3.3 Mexico Contactless Smart Cards Market by Industry Vertical
8.4 Rest of North America Contactless Smart Cards Market
8.4.1 Rest of North America Contactless Smart Cards Market by Functionality
8.4.2 Rest of North America Contactless Smart Cards Market by Type
8.4.3 Rest of North America 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 North America Contactless Smart Cards Market, 2020 - 2023, USD Million
TABLE 2 North America 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 North America Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
TABLE 7 North America Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
TABLE 8 North America Transaction Market by Region, 2020 - 2023, USD Million
TABLE 9 North America Transaction Market by Region, 2024 - 2031, USD Million
TABLE 10 North America Security & Access Control Market by Region, 2020 - 2023, USD Million
TABLE 11 North America Security & Access Control Market by Region, 2024 - 2031, USD Million
TABLE 12 North America Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
TABLE 13 North America Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
TABLE 14 North America MPU Microprocessor Market by Country, 2020 - 2023, USD Million
TABLE 15 North America MPU Microprocessor Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Memory Market by Country, 2020 - 2023, USD Million
TABLE 17 North America Memory Market by Country, 2024 - 2031, USD Million
TABLE 18 North America Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 19 North America Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 20 North America BFSI Market by Country, 2020 - 2023, USD Million
TABLE 21 North America BFSI Market by Country, 2024 - 2031, USD Million
TABLE 22 North America Retail Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Retail Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Transportation & Logistics Market by Country, 2020 - 2023, USD Million
TABLE 25 North America Transportation & Logistics Market by Country, 2024 - 2031, USD Million
TABLE 26 North America Hospitality Market by Country, 2020 - 2023, USD Million
TABLE 27 North America Hospitality Market by Country, 2024 - 2031, USD Million
TABLE 28 North America Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 30 North America Media & Entertainment Market by Country, 2020 - 2023, USD Million
TABLE 31 North America Media & Entertainment Market by Country, 2024 - 2031, USD Million
TABLE 32 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 33 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 34 North America Contactless Smart Cards Market by Country, 2020 - 2023, USD Million
TABLE 35 North America Contactless Smart Cards Market by Country, 2024 - 2031, USD Million
TABLE 36 US Contactless Smart Cards Market, 2020 - 2023, USD Million
TABLE 37 US Contactless Smart Cards Market, 2024 - 2031, USD Million
TABLE 38 US Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
TABLE 39 US Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
TABLE 40 US Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
TABLE 41 US Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
TABLE 42 US Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 43 US Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 44 Canada Contactless Smart Cards Market, 2020 - 2023, USD Million
TABLE 45 Canada Contactless Smart Cards Market, 2024 - 2031, USD Million
TABLE 46 Canada Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
TABLE 47 Canada Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
TABLE 48 Canada Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
TABLE 49 Canada Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
TABLE 50 Canada Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 51 Canada Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 52 Mexico Contactless Smart Cards Market, 2020 - 2023, USD Million
TABLE 53 Mexico Contactless Smart Cards Market, 2024 - 2031, USD Million
TABLE 54 Mexico Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
TABLE 55 Mexico Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
TABLE 56 Mexico Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
TABLE 57 Mexico Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
TABLE 58 Mexico Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 59 Mexico Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 60 Rest of North America Contactless Smart Cards Market, 2020 - 2023, USD Million
TABLE 61 Rest of North America Contactless Smart Cards Market, 2024 - 2031, USD Million
TABLE 62 Rest of North America Contactless Smart Cards Market by Functionality, 2020 - 2023, USD Million
TABLE 63 Rest of North America Contactless Smart Cards Market by Functionality, 2024 - 2031, USD Million
TABLE 64 Rest of North America Contactless Smart Cards Market by Type, 2020 - 2023, USD Million
TABLE 65 Rest of North America Contactless Smart Cards Market by Type, 2024 - 2031, USD Million
TABLE 66 Rest of North America Contactless Smart Cards Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 67 Rest of North America Contactless Smart Cards Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 68 Key Information – Sony Corporation
TABLE 69 key Information – Watchdata Co., Ltd.
TABLE 70 Key Information – Infineon Technologies AG
TABLE 71 Key Information – IDEMIA SAS
TABLE 72 Key Information – NXP Semiconductors N.V.
TABLE 73 Key Information – Thales Group S.A.
TABLE 74 Key Information – HID Global Corporation
TABLE 75 Key Information – STMicroelectronics N.V.
TABLE 76 Key Information – CardLogix Corporation
TABLE 77 Key Information – CPI Card Group Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Contactless Smart Cards Market share by Functionality, 2023
FIG 9 North America Contactless Smart Cards Market share by Functionality, 2031
FIG 10 North America Contactless Smart Cards Market by Functionality, 2020 - 2031, USD Million
FIG 11 North America Contactless Smart Cards Market share by Type, 2023
FIG 12 North America Contactless Smart Cards Market share by Type, 2031
FIG 13 North America Contactless Smart Cards Market by Type, 2020 - 2031, USD Million
FIG 14 North America Contactless Smart Cards Market share by Industry Vertical, 2023
FIG 15 North America Contactless Smart Cards Market share by Industry Vertical, 2031
FIG 16 North America Contactless Smart Cards Market by Industry Vertical, 2020 - 2031, USD Million
FIG 17 North America Contactless Smart Cards Market share by Country, 2023
FIG 18 North America Contactless Smart Cards Market share by Country, 2031
FIG 19 North America 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.