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The Latin American and the Asian Pacific Smart Card Markets have the Potential to Grow above the Existing Rate but the High Initial Cost Will Be a Limiting Factor.


DUBLIN Dublin, city, Republic of Ireland
Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River.
, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c48067) has announced the addition of "Global Smart Card Industry - Future Outlook (2007)" to their offering

The "Global Smart Card Industry - Future Outlook (2007)" report provides extensive research and objective analysis on the Global Smart Card Market, its performance and its future prospects. It helps the clients to analyze the trends and developments in global Smart Card industry as well as gain exclusive insights of industry in eight important countries namely US, Canada, Brazil, UK, Russia, France, India, China, South Korea, and South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. .

The report contains detailed data on Global as well as Country-specific smart card markets i.e. smart card industry value, smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications.  shipments, application of smart cards in the Financial and Telecom market etc. It helps the clients to understand the driving forces of smart card industry along with the detailed future opportunities.

Key Findings

* There is a huge demand for smart card across the world, as it's widely used in almost every sector. The main demand driver is the telecom market.

* The Latin American and the Asia pacific smart card markets have potential to grow above the existing rate but the high initial cost will be a limiting factor A factor or condition that, either temporarily or permanently, impedes mission accomplishment. Illustrative examples are transportation network deficiencies, lack of in-place facilities, malpositioned forces or materiel, extreme climatic conditions, distance, transit or overflight rights, .

* Smooth integration with the existing systems is going to be the key for success in the nascent nascent /nas·cent/ (nas´ent) (na´sent)
1. being born; just coming into existence.

2. just liberated from a chemical combination, and hence more reactive because uncombined.
 smart card markets. Of the various countries across the world, South Africa is seen as a high opportunity region.

* The rapid technological developments in smart cards are going to further strengthen its market. The envisioned multiple uses of a single smart card will enhance its value, thus, further boosting it sales.

* The future opportunities are immense particularly in Mobile sector, Banking Sector, and Biometrics The biological identification of a person. Examples are face, iris and retinal patterns, hand geometry and voice. Increasingly built into laptop computers, fingerprint readers have become popular as a secure method for identification. .

Key Issues and Facts Analyzed an·a·lyze  
tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es
1. To examine methodically by separating into parts and studying their interrelations.

2. Chemistry To make a chemical analysis of.

3.
 

* What are the trends in global smart card market with respect to market value, Shipments, and various application sectors, such as Banking, Telecom etc?

* What is the situation of smart card industry in specific countries mentioned above?

* What is the potential of smart cards if they are used with Biometrics Technology?

* Which are the top ten smart card companies?

* What are the driving forces for the smart card industry?

* What are the Challenges associated?

* What are the future opportunities for smart card?

Key Players

This section provides the overview, key facts, financials, and stock performance of several players like STMicroelectronics, Infineon Technologies For the raceway, see .

Infineon Technologies AG (ISIN: DE0006231004, FWB: IFX, NYSE: IFX) was founded in April 1999 when the semiconductor operations of parent company, Siemens AG, were spun off to form a separate legal entity.
, Gemalto, Giesecke & Devrient, Oberthur Card Systems.

Research Methodology Used

Information Sources

Information has been sourced from namely, books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to access to more than 3000 paid databases.

Analysis Methods

The analysis methods include the following: Ratio Analysis, Historical Trend Analysis, Linear Regression Linear regression

A statistical technique for fitting a straight line to a set of data points.
 Analysis using software tools, Judgmental judg·men·tal  
adj.
1. Of, relating to, or dependent on judgment: a judgmental error.

2. Inclined to make judgments, especially moral or personal ones:
 Forecasting and Cause and Effect Analysis.

Companies mentioned:

* Gemalto

* Giesecke & Devrient

* Oberthur Card Systems

* STMicroelectronics

* Infineon Technologies

* Hitachi Limited

For more information visit http://www.researchandmarkets.com/reports/c48067
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 8, 2007
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