The World Card Summit took place yesterday, 6th November 2012, at CARTES. It was a real opportunity to keep up with the Smartcard market trends and forecasts thanks to Eurosmart’s presentation. Paypal gave its feedback on mobile payments and explained its strategy policy. A round table was also held with key players of the market who gave their point of view on the evolution of our digital society.
Oyvind Rastad, Chairman of Eurosmart, opened the World Card Summit. Over 7.5 billion Smart Secure devices will be shipped in 2012 as an estimate (against 7billion in 2011). Telecom operators lead the market (70%). The banking industry represents 20% and Government only 4%. The contactless market is still growing with an estimate of +25% this year, the banking industry representing more than 50% of the market.
Growing demands in Government, Banking and Transport industries are expected in the near future (respectively + 21%, +17%, +17% this year). But, PayTV is not far beyond and good perspectives are expected in this sector with + 7% for the end of year.
The telecom market is still continuing its development of 4G which confirms the healthiness of the market. The trends are confirmed with an expansion of “Machine To Machine” technology for the smart security market.
EMV migration is influencing the regional perspective markets for industrials with a major demand of chip cards from China, Latin America and U.S.A.
Smartphones equipped with NFC become a commercial reality and the major barriers have been overcome. Eurosmart expects close to one hundred million unit secure elements to be shipped this year and twice as much next year as major handset manufacturers have started to include NFC in their smartphones. With this perspective, banks and merchants have started to market secure NFC services and industry alliances and partnerships are created worldwide.
Oyvind Rastad, Chairman of Eurosmart, opened the World Card Summit. Over 7.5 billion Smart Secure devices will be shipped in 2012 as an estimate (against 7billion in 2011). Telecom operators lead the market (70%). The banking industry represents 20% and Government only 4%. The contactless market is still growing with an estimate of +25% this year, the banking industry representing more than 50% of the market.
Growing demands in Government, Banking and Transport industries are expected in the near future (respectively + 21%, +17%, +17% this year). But, PayTV is not far beyond and good perspectives are expected in this sector with + 7% for the end of year.
The telecom market is still continuing its development of 4G which confirms the healthiness of the market. The trends are confirmed with an expansion of “Machine To Machine” technology for the smart security market.
EMV migration is influencing the regional perspective markets for industrials with a major demand of chip cards from China, Latin America and U.S.A.
Smartphones equipped with NFC become a commercial reality and the major barriers have been overcome. Eurosmart expects close to one hundred million unit secure elements to be shipped this year and twice as much next year as major handset manufacturers have started to include NFC in their smartphones. With this perspective, banks and merchants have started to market secure NFC services and industry alliances and partnerships are created worldwide.
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