New Research: Lucintel Predicts a Bright Future for Smart Card IC Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities in the Global Smart Card IC Industry”?
This market report for smart card IC identifies and predicts future opportunities for growth in global smart card IC industry for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for smart card IC in the telecommunication, payment and banking, transportation, e-government, and others.
According to Lucintel’s market report, the global smart card IC market is expected to reach an estimated $4.3 billion by 2023 at a CAGR of 4.0% from 2018 to 2023. Some of the dominant players in the global smart card IC market are Infineon Technologies AG, NXP Semiconductor, Samsung Electronics, STMicroelectronics, and CEC Huada Electronic Design Co. Ltd and others.
There are some interesting developments in the global smart card IC market as competition heats up and players try to increase their market share. Some of the emerging trends shaping the market dynamics include the development of smart card IC that can provide more security and integration of smart cards with biometrics.
Read more about this report at
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