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Market Research Report

China Smart Card Market Forecast 2030: By Card Type, By Component, By Application, By End-User With COVID-19 impact | Forecast Period 2017-2030

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China Smart Card Market Outlook 2017-2030

Smart cards are the flexible plastic, and size of the credit card that contains silicon integrated circuit chips to store and securely transact the data. Smart cards have multiple advantages from storing data to storing cash. Multiple companies have evolved in China for the manufacturing of smart cards such as Shenzhen China smart card tech, co. ltd, which deals in multiple card products. Smart cards are also an important component in the era of IoT, which is in developing phase in China. The establishment of smart cities and quick adaptation rate of the technologies are the major factors driving the growth of China smart card market. Smart cards enable quick access and quick ID verification in multiple places such as in the transport system, payments, hotels, and restaurants.

The transforming economy of China with the expansion of manufacturing industries, infrastructure industries, and hospitality are major application areas of smart cards. For example, the smart grid in China will be facilitated by the smart cards in electricity payments from the customer end and on the service provider end for controlling the access of persons in the restricted areas as the multiple component smart cards provides need-specific solutions like fingerprint sensor, rewritable magnetic stripes, and others. The European Chamber of Commerce has joined with the Smart Card China Desk in multiple fields that are expected to influence the growth of various tech industries. Goldstein Market Intelligence analyst forecast that the China smart card market is set to grow at a CAGR of 7.71% over the forecast period (2017-2030).

China Smart Card Market Segmentation

By Card Type

  • Contact Card
  • Contactless Card
  • Multi-Component Card

Contact card accounted for the largest market share of 54.7% in 2017. Over the forecast period, the contactless card is expected to surpass the contact card market share on the back of the developing IoT environment in China.

By Component

  • Memory-Based
  • Microcontroller Based
  • Magnetic Stripes

By Application

  • Payment Transactions
  • ID Verification
  • Access Control

By End-User

  • Banking Industry
  • Hospitality Industry
  • Healthcare Industry
  • Manufacturing Industry
  • Transportation Sector
  • Laboratories
  • Others

By Geography

  • Northern China {Market Share (%), Market Size (USD Billion)} China Smart card Market
  • Central China {Market Share (%), Market Size (USD Billion)} China Smart Card Market
  • Eastern China {Market Share (%), Market Size (USD Billion)} China Smart Card Market
  • Western China {Market Share (%), Market Size (USD Billion)} China Smart Card Market
  • Southern China {Market Share (%), Market Size (USD Billion)} China Smart Card Market

Covered In This China Smart Card Market Report

The report covers the present ground scenario and the future growth prospects of the smart card market for 2017-2030 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the China region. China smart card market is forecasted on the basis of smart card production supply and agricultural produce.

China smart card Market Outlook 2017-2030, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the China smart card market space. The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “China Smart card Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.

COVID-19 impact on "China Smart Card Market"

The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "China Smart Card Market " along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.

Top Companies in Competition & The Rising Stars

Our China smart card market report comprises of the following companies as the key players:

  • ZD Technology Co. Ltd.
  • Zhongyuanda Smartech Co. Ltd.
  • Max Smart Card Co. Ltd.
  • JHCD Technology Co. Ltd.
  • D.C. Corp.
  • Green Card Co. Ltd.
  • Infineon Technologies
  • NXP Semiconductors
  • Samsung Semiconductor
  • STMicroelectronics

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this China Smart Card Market Report

  • What is the total market size by 2030 and what would be the expected growth rate of the market?
  • What is the total revenue per segment and region in 2017-18 and what would be the expected revenue per segment and region over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry-level players?
  • What are the recent developments and business strategy of the key players?

Reasons to buy this market study

  • Facilitate decision-making based on strong historic and forecast data for China smart card market
  • Develop strategies based on the latest regulatory framework
  • Position yourself to gain the maximum advantage of the China smart card industry’s growth potential
  • Identify key partners and business development avenues across the globe
  • Respond to your competitors’ business structure, strategy, and prospects

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China Smart Card Market Forecast 2030: By Card Type, By Component, By Application, By End-User With COVID-19 impact | Forecast Period 2017-2030

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