The growth of m-commerce and e-commerce have accelerated the demand for secure payment options and improved the demand for smart cards. Loyalty cards offered by retail stores contain the information of customers and points earned by them through purchases. All such factors are expected to drive the market during the forecast period.The rising number of fraudulent transactions every year is increasing the need for secure payments worldwide. The adoption of Europay, MasterCard, and Visa (EMV) cards and EMV point-of-sale (POS) terminals is increasing worldwide,eliminating the risk of fraudulent transactions.The concept of EMV is a combined effort from Europay, MasterCard, and Visa to enhance the security of financial transactions and improve payment standards.Merchants and consumers in the US are gradually adopting EMV chip technology.The chip-enabled smart cards offer improved security by generating a unique onetime

code for the approval of a transaction.An increase in e-commerce transactions has increased the adoption of smart EMV cards as these cards allow safe online transactions. Chip and PIN EMV cards are replacing magnetic swipe cards in the payment card segment. European countries are early adopters of EMV payment cards because of liability shift. They are followed by APAC and American countries where the user base of EMV payment cards is increasing.

PART 01: Executive summary 6

Highlights 6

PART 02: Scope of the report 8

Market coverage 8

Base year 8

Vendor segmentation 9

Market segmentation 10

Geographical segmentation 10

Top-vendor offerings 12

PART 03: Market research methodology 14

Research methodology 14

Economic indicators 14

PART 04: Introduction 15

Key market highlights 15

PART 05: Technology landscape 18

Types of smart cards 18

Types of smart card ICs 19

PART 06: EMV cards 20

Impact of banking cards across regions 20

PART 07: Market landscape 27

Market overview 27

Market size and forecast 27

Five forces analysis 29

PART 08: Market segmentation by application 30

Global smart card IC market by application 30

Telecom 31

Payment card manufacturers 32

Government 33

Transportation 34

Device manufacturers 35

Others 36

PART 09: Geographical segmentation 37

Global smart card IC market by geography 37

APAC 38

EMEA 39

Americas 40

PART 10: Market drivers 41

Increasing use of credit and debit cards for

transactions 41

High demand for contactless EMV cards 42

Use of high-end SIM cards for NFC-based

smartphones 45

PART 11: Impact of drivers 46

PART 12: Market challenges 48

Increase in payment card-related frauds 48

Issues related to supply chain 49

Slow adoption rate of EMV POS terminals 49

PART 13: Impact of drivers and challenges 51

PART 14: Market trends 52

Growing cashless transactions 52

Increasing adoption of e-commerce 53

Increasing use of SIM cards for M2M communications 53

PART 15: Vendor landscape 54

Competitive scenario 54

Market share analysis 2015 54

Other prominent vendors 58

PART 16: Market summary 59

PART 17: Appendix 62

List of abbreviations 62

PART 18: Explore Technavio 63