World - Cards Incorporating An Electronic Integrated Circuit (Smart Card) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 16, 2024

World - Cards Incorporating An Electronic Integrated Circuit (Smart Card) - Market Analysis, Forecast, Size, Trends and Insights

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Smart Card Market

Smart card market: discover newly released information featured by an Ai-driven BI tool. Facts and figures include exports, market prices, trade, imports, companies, market size, consumption, and production. There is a breakdown by country, including the U.K., EU, Latin America, the U.S., Africa, the Middle East, China, and Russia. Market dynamics and outlook to 2030 are also featured in the dashboards.


Get FREE access to the latest data and statistics on the Smart Card Market.

Smart Card - World's Largest Markets

RatingCountry
1Pakistan
2Japan
3China
4United States
5France

In value terms, Pakistan led the market, alone. The second position in the ranking was occupied by Japan. It was followed by China.

In Pakistan, the smart card market expanded at an average annual rate of +4.3% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Japan (+6.8% per year) and China (-2.5% per year).

Smart Card Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
China0.10.090.07-25.1%
Hong Kong SAR0.070.060.072.8%
Malaysia0.50.40.2-39.9%
India0.20.20.2-7.8%
Mexico0.30.30.3-9.0%
France0.80.60.6-15.4%
Average0.20.20.2-16.2%

Prices varied noticeably by the country of origin; the country with the highest price was France ($0.6 per unit), while China ($0.1 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
United Kingdom0.60.60.66.3%
Germany0.40.30.4-1.4%
Spain0.30.40.3-1.9%
France0.40.30.3-16.5%
Turkey0.20.20.325.9%
United States0.30.30.2-14.3%
Netherlands0.20.30.2-8.7%
United Arab Emirates0.30.20.2-27.7%
Singapore0.60.30.2-45.0%
Brazil0.50.30.1-47.8%
China0.20.10.1-10.1%
Hong Kong SAR0.10.10.1-4.4%
Bangladesh0.050.050.05-1.1%
Average0.30.30.3-6.7%

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($0.6 per unit), while Bangladesh ($0 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the other global leaders experienced mixed trends in the import price figures.

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Smart Card - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.50.60.5-4.1%
Hong Kong SAR0.20.30.35.7%
China0.30.30.3-13.2%
Germany0.20.30.31.0%
France0.20.20.2-1.2%

In value terms, the largest smart card importing markets worldwide were the United States ($468M), Hong Kong SAR ($265M) and China ($260M), with a combined 21% share of global imports. Germany, France, the UK, the Netherlands, Spain, Turkey, the United Arab Emirates, Singapore, Bangladesh and Brazil lagged somewhat behind, together accounting for a further 25%.

The United Arab Emirates saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Smart Card - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China1.31.41.1-6.1%
Hong Kong SAR0.30.30.49.8%
France0.30.30.3-2.9%
Mexico0.10.20.216.5%
Malaysia0.10.20.09-19.7%

In value terms, China ($1.1B) remains the largest smart card supplier worldwide, comprising 26% of global exports. The second position in the ranking was occupied by Hong Kong SAR ($375M), with a 8.4% share of global exports. It was followed by France, with a 6.8% share.

In China, smart card exports contracted by an average annual rate of -6.1% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Hong Kong SAR (+9.8% per year) and France (-2.9% per year).

Smart Card - Market Forecast

Driven by increasing demand for smart card worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Smart Card - Top Companies

Samsung Electronics Co., Ltd.,, Intel Corporation, Shenzhen Xtalite Technology Co., Ltd., TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED, SK Hynix Inc., Micron Technology, Inc., MICRON SEMICONDUCTOR ASIA PTE. LTD., Texas Instruments Incorporated, Lam Research Corporation, ADVANCED SEMICONDUCTOR ENGINEERING, INC., Nvidia Corporation, Nokia of America Corporation, SONY SEMICONDUCTOR SOLUTIONS CORPORATION, RENESAS ELECTRONICS CORPORATION, On Semiconductor Corporation, SONY SEMICONDUCTOR MANUFACTURING CORPORATION, Advanced Micro Devices, Inc., Analog Devices, Inc., Freescale Semiconductor Holdings V, Inc., Nxp Usa, Inc.

Smart Card - Product Coverage

  • HS 852352 - Semiconductor media; smart cards, whether or not recorded, excluding products of Chapter 37

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global smart card market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 26123000 - Smart cards

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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