EMV Cards Market is Anticipated to Reach US$ 9488.7 Million, Witnessing a CAGR of 3.7% During the Forecast Period 2024-2030 | The Market Reports

March 14 05:19 2024
EMV Cards Market is Anticipated to Reach US$ 9488.7 Million, Witnessing a CAGR of 3.7% During the Forecast Period 2024-2030 | The Market Reports
EMV Cards Market: $9488.7M, 3.7% CAGR by 2030
The EMV Cards Market is anticipated to surge to $9488.7 million by 2030, driven by the global transition towards secure chip-based payment methods. With a robust 3.7% CAGR, the market is propelled by increasing adoption of EMV technology to mitigate fraud risks and enhance payment security.

Synopsis

EMV cards are smart cards (also called chip cards or IC cards) that store their data on integrated circuits in addition to magnetic stripes (for backward compatibility). These include cards that must be physically inserted (or “dipped”) into a reader, as well as contactless cards that can be read over a short distance using near-field communication (NFC) technology. Payment cards that comply with the EMV standard are often called Chip and PIN or Chip and Signature cards, depending on the authentication methods employed by the card issuer.

The global EMV Cards Market was valued at US$ 7335.7 million in 2023 and is anticipated to reach US$ 9488.7 million by 2030, witnessing a CAGR of 3.7% during the forecast period 2024-2030.

Europe have a larger market share which account for 25%, and will witness a stable growth in following years. China and North America hold a market share of 21% and 16% will still play an important role which cannot be ignored.The key manufacturers are Gemalto, IDEMIA, Giesecke & Devrient, Perfect Plastic Printing, ABCorp, CPI Card, Tianyu, Goldpac, Hengbao, Watchdata Technologies, Valid, Kona I, Eastcompeace etc. Top 3 companies occupied about 51% market share.

This report aims to provide a comprehensive presentation of the global market for EMV Cards, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding EMV Cards.

Report Scope

The EMV Cards market size, estimations, and forecasts are provided in terms of output/shipments (Million Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global EMV Cards market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the EMV Cards manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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Market Segmentation

By Company

  • Gemalto
  • IDEMIA
  • Giesecke & Devrient
  • Perfect Plastic Printing
  • ABCorp
  • CPI Card
  • Tianyu
  • Goldpac
  • Hengbao
  • Watchdata Technologies
  • Valid
  • Kona I
  • Eastcompeace

 

Segment by Type

  • Contact-based EMV Cards
  • Contactless EMV Cards

 

Segment by Application

  • Banking, Financial Services, and Insurance
  • Government and Healthcare
  • Transportation
  • Retail

 

Production by Region

  • Europe
  • United States
  • Korea
  • China
  • Latin America

 

Consumption by Region

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

 

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of EMV Cards manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of EMV Cards by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of EMV Cards in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.

Read More Related Research Reports:

Contactless EMV Cards Market: https://www.themarketreports.com/report/global-contactless-emv-cards-market-research-report

EMV Payment Cards Market: https://www.themarketreports.com/report/global-emv-payment-cards-market-research-report

EMV POS Terminals Market: https://www.themarketreports.com/report/global-emv-pos-terminals-market-research-report

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