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Contactless Smart Card Shipments to Reach 3.5 Billion in 2016
Date: 23 September 2011

Contactless smart card shipments are forecast to increase from around 950 million in 2010 to 3.5 billion in 2016. This is one of the conclusions drawn from IMS Research’s recent report “The World Market for Smart Cards and Smart Card ICs – 2011 Edition.”

According to Don Tait, one of the authors of the report, “In 2010, around 15% of smart card shipments are estimated to have been contactless. This is projected to increase to over 30% in 2016.”

“Contactless bank cards are believed to drive much of the growth in the microcontroller market during the forecast period. The People’s Bank of China announced plans (in March 2011) to convert China’s debit and credit payment cards to smart cards. This announcement will have a great effect on smart card shipments from 2013 to 2015. It is believed that where contactless payment and banking cards are used in China, they will be dual-interface cards.”

Within the transportation sector, all smart cards shipped are projected to be contactless. Whilst in the Electronic Government and Healthcare ID cards sector, all ePassports are contactless. However, in other applications in the government and healthcare sector there is a mix between contact and contactless/dual- interface solutions. Even taking this into account, overall around three quarters of cards sold into this application in 2010 were estimated to have been contactless.

Tait continues, “The top contactless applications during the next five years are projected to be bank cards, government and healthcare ID cards, transportation and physical access cards. These four applications are projected to account for around 99% of units shipped in 2016.”

 

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Editors Note :
For more information please contact:

Susan Revin, Press Manager T: +44 (0) 1933 402255 Susan.Revin@imsresearch.com

Don Tait, Senior Market Analyst T: +44 (0) 1933 402255 Don.Tait@imsresearch.com
About IHS Inc. (www.ihs.com)

IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS employs more than 5,600 people in more than 30 countries around the world.

About IMS Research:
IMS Research is a leading independent supplier of market research and consultancy to the global electronics industry, offering syndicated market studies, custom research and consultancy services. Clients include most of the household names in the industry. IMS Research has offices in Europe, the US, China, Taiwan, South Korea, and Japan. To find out more, contact IMS Research: enquiries@imsresearch.com; T: +44 (0) 1933 402255; http://imsresearch.com