Major factors driving growth of the global smart card materials market is increasing demand from banking, financial services, and insurance industry. In addition, growing investments in government and healthcare in emerging countries, and advancements in healthcare markets are some additional factors expected to boost the global smart card materials market growth in the near future.

The global smart card materials market report has been segmented on the basis of communication, component, application, and region.

On the basis of communication, the global smart card materials market has been segmented into contact and contactless. The contact smart card materials segment is expected to account for major share in terms of revenue in the global smart card materials market. The contact smart card materials segment revenue is also projected to register highest CAGR over the forecast.

On the basis of application, the global smart card materials market has been segmented into banking, financial services, and insurance (BFSI), government and healthcare, transportation retail, and others (enterprises, entertainment, and education). The transportation smart card materials segment is estimated to account for significant share in terms of revenue in the global smart card materials market. The transportation smart card materials segment revenue is also anticipated to register highest CAGR over the forecast.

On the basis of region, the global smart card materials market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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North America market is expected to dominate with significant revenue share in the global smart card materials market in 2017. Asia Pacific smart card materials market is anticipated to register highest CAGR in terms of revenue in next ten years, owing to increasing demand from transportation sector in countries in this region.

Key players operating in the global market include Gemalto N.V., Giesecke & Devrient GmbH, IDEMIA France SAS, Infineon Technologies AG, NXP Semiconductors N.V., Sony Corporation, Samsung Electronics Co., Ltd., HID Global Corporation, STMicroelectronics N.V., Ingenico Group, VeriFone Systems, Inc., and Watchdata System Co. Ltd.