Global Contact IC Cards market cagr 13.5%

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Contact IC Cards Market Size and Growth

The Contact IC Cards market is expanding due to increasing demand for secure transactions. Valued at approximately $4.5 billion in 2023, the market is projected to grow at a CAGR of 8% through 2030. Factors driving this growth include technological advancements and heightened security needs in various sectors. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Gemalto

◍ Oberthur Technologies

◍ Giesecke & Devrient

◍ Goldpac

◍ Eastcompeace

◍ CPI Card Group

◍ Hengbao

◍ VALID

◍ Wuhan Tianyu

◍ Watchdata SystemsCo. Ltd

◍ Datang

◍ Kona I

The Contact IC Cards Market is competitive, led by companies like Gemalto, Oberthur Technologies, and Giesecke & Devrient, focusing on innovation, security, and expanding applications. These firms enhance market growth through advanced product development and strategic partnerships.

Sales Revenue Highlights:

- Gemalto: $3 billion

- CPI Card Group: $180 million

- Giesecke & Devrient: $2.3 billion

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Market Segmentation

By Application

Finance

Government & Public Utilities

Transportation

Others

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By Product

Memory Cards

Microprocessor Cards

Market Growth

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$ X Billion USD

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