Global Smart Card in Government market cagr 8.60%

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Smart Card in Government Market

Smart Card in Government Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Smart Card in Government Market Size and Growth

The Smart Card in Government market research report analyses the current market conditions and predicts future trends. The market size is estimated to be $5.2 billion in 2020, with a CAGR of 8% from 2021 to 2026. The report provides insights on key players, challenges, opportunities, and growth factors in the sector.

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Companies Covered (Covid 19 Impact Covered)

◍ Gemalto

◍ Giesecke & Devrient

◍ Oberthur Technologies

◍ Morpho(Safran)

◍ VALID

◍ Eastcompeace

◍ Wuhan Tianyu

◍ Datang

◍ Kona I

◍ CPI Card Group

◍ Watchdata Systems Co. Ltd

◍ Hengbao

The Smart Card in Government Market is highly competitive with key players including Gemalto, Giesecke & Devrient, Oberthur Technologies, Morpho(Safran), VALID, Eastcompeace, Wuhan Tianyu, Datang, Kona I, CPI Card Group, Watchdata Systems Co. Ltd, Hengbao. These companies provide secure identification solutions for government operations such as national IDs, passports, and driver's licenses. Sales revenue figures for a few companies:

- Gemalto: $3.3 billion

- Giesecke & Devrient: $2.4 billion

- Oberthur Technologies: $1.8 billion

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Market Segmentation

By Application

◍ Identification and Authentication

◍ Entrance and Exit

◍ Other

By Product

◍ Contact Smart Card

◍ Contactless Smart Card

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Market Growth
$ 992.56 Million
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