-BLUETTI Opens First Flagship Store in Munich, Germany for Hands-on Experience-10 Trucos para ahorrar en la factura de la luz en España-Leading Solo VC Ozi Amanat Collects $300 Million-Jack Nathan Health Provides Corporate Update-CORRECTING and REPLACING – Canadian Spirit Resources Inc. Announces Third Quarter 2022 Financial Results-Friedman Industries, Incorporated Announces Second Quarter Results and Provides Near-term Outlook-Wesco Declares Quarterly Dividend on Preferred Stock-InterDigital Declares Regular Quarterly Cash Dividend-BeeHero Raises $42 Million Series B to Accelerate Deployment of Its Data-driven Precision Pollination Platform-Athene Holding Ltd. Declares Fourth Quarter 2022 Preferred Stock Dividends-Horace Mann declares quarterly dividend-PotlatchDeltic Board Declares $0.95 Special Dividend and Increases Regular Distribution 2.3%-Brookfield Office Properties Announces Reset Dividend Rate and Conversion Privileges on Its Class AAA Series II Preference Shares-CORRECTING and REPLACING Essential Utilities’ Aqua Illinois Subsidiary Acquires Oak Brook Water Assets-Correction: KOREA FAIR TRADE COMMISSION (KFTC) – APPEAL PROCEEDINGS UPDATE-KOREA FAIR TRADE COMMISSION (KFTC) – POINT SUR LA PROCEDURE D’APPEL-Korea Fair Trade Commission (kftc) – Appeal Proceedings Update-Graco Increases Quarterly Dividend 11.9 Percent-Positon Launches PosiVault, an AI-Powered SaaS Application for Programmatic M&A-Introducing the very first Negative Tax token on the Binance Smart Chain

Global EMV Smart Cards Market to Reach $14 Billion by 2031: Allied Market Research

Portland, OR, Sept. 18, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global EMV smart cards market generated $5.8 billion in 2021, and is projected to reach $14 billion by 2031, growing at a CAGR of 9.7% from 2022 to 2031.  The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape, and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners, and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

Download Free Sample Report (Get Detailed Analysis in PDF – 361 Pages): https://www.alliedmarketresearch.com/request-sample/15356

Report Coverage & Details:

Report Coverage Details
Forecast Period 2022­–2031
Base Year 2021
Market Size in 2021 $5.8 billion
Market Size in 2031 $14 billion
CAGR 9.7%
No. of Pages in Report 361
Segments Covered Type, Brand, Application, And Region
Drivers Rapid digitalization
Surge in cashless transactions among people across the globe
Opportunities Increase in need for enhanced security during transactions
Prevalence of new mode of information security for users enabled by blockchain
Restrains High set-up cost
Data theft and security concerns

COVID-19 Scenario:

  • The EMV smart cards market experienced a positive impact on the market. Owing to the stringent social distancing restrictions imposed by the governments of various countries across the globe, people were inclined toward cashless transactions, not only for better efficiency and convenience, but also to limit the spread of the virus.
  • Most financial institutions rapidly advanced their card technology according to the preferences of the customers. They shifted from the conventional magnetic stripe card technology to microprocessor or memory chip card technology to provide a seamless experience to the customers.
  • Thus, an increase in the usage and adoption of contactless payment methods among customers along with technological advancements are further expected to expand market growth in the coming years.

The report offers detailed segmentation of the global EMV smart cards market based on type, brand, application, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on the fastest growing segments and highest revenue generation that is mentioned in the report.

Based on type, the debit card segment held the largest market share in 2021, holding more than three-fourths of the global market, and is expected to maintain its leadership status during the forecast period. The credit card segment, on the other hand, is expected to cite the fastest CAGR of 12.6% during the forecast period.

Based on brand, the Visa segment held the dominating market share in 2021, holding nearly three-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The Mastercard segment, on the other hand, is expected to cite the fastest CAGR of 11.9% during the forecast period.

Get Detailed COVID-19 Impact Analysis On The EMV Smart Cards Markethttps://www.alliedmarketresearch.com/request-for-customization/15356

Based on application, the food and groceries segment held the largest market share in 2021, holding more than one-fourth of the global market, and is expected to maintain its leadership status during the forecast period. The travel & tourism segment, on the other hand, is expected to cite the fastest CAGR of 14.5% during the forecast period.

Based on region, the market across Asia-Pacific region held the largest market share in 2021, holding nearly half of the global market, and is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 11.5% during the forecast period.

The key players analyzed in the global EMV smart cards market report include American Express, CardLogix Corporation, CPI Card Group Inc., Equinox Payments, Giesecke + Devrient GmBH, HID Global Corporation, IDEMIA, Infineon Technologies AG, JPMorgan Chase & Co., NCR Corporation, Perfect Plastic Printing, Samsung, Thales, VeriFone, Versatile Card Technology Pvt. Ltd., Mastercard, and Visa Inc.

The report analyzes these key players in the global EMV smart cards market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance and operating segments by prominent players in the market. 

Interested to Procure the Data? Inquire here @: https://www.alliedmarketresearch.com/purchase-enquiry/15356

Key Benefits for Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the EMV smart cards market analysis from 2021 to 2031 to identify the prevailing EMV smart cards market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the EMV smart cards market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global EMV smart cards market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments


  • Debit Card
    • Debit Card
      • Contact
      • Contactless
      • Dual
  • Credit Card
    • Credit Card
      • General Purpose Credit Cards
      • Specialty & Other Credit Cards


  • Visa
  • MasterCard
  • Others


  • Food & Groceries
  • Health & Pharmacy
  • Restaurants & Bars
  • Consumer Electronics
  • Media & Entertainment
  • Travel & Tourism
  • Others

Avenue Basic Plan | Library Access | 1 Year Subscription |

Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.

Request for 14 days free trial: https://www.alliedmarketresearch.com/avenue/trial/starter

“We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.”

Trending Reports in BFSI Industry (Book Now with 10% Discount + Covid-19 scenario):

Contactless Smart Cards Market By Type (Memory and MPU Microprocessor), Functionality (Transaction, Communication and Security & Access Control), Enterprise Size (Large Enterprise and Small & Medium Enterprises), and Industry Vertical (BFSI, Retail & E-Commerce, Healthcare, Travel & Hospitality, Transportation & Logistics, Media & Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

Forex Prepaid Cards Market By Card Type (Open Loop Prepaid Card and Closed Loop Prepaid Card), Usage (General-purpose Reloadable Card, Gift Card, Government Benefit/Disbursement Card, Payroll Card, and Others), and End User (Retail, Corporate Institutions, Government, and Financial Institutions): Global Opportunity Analysis and Industry Forecast, 2021–2030

Multi Store Gift Card Market By Card Type (Open Loop Gift Card and Closed Loop Gift Card), Application (Consumer Goods, Health & Wellness, Restaurants & Bars, Travel & Tourism, Media & Entertainment, and Others) and End-User (Retail Establishments and Corporate Institution): Global Opportunity Analysis and Industry Forecast, 2021–2030

Virtual Cards Market by Product Type (B2B Virtual Card, B2C Remote Payment Virtual Cards, B2C POS Virtual Cards), by Industry Vertical (Media and Entertainment, Hospitality, Consumer Goods, Energy and Utilities, Advertising, Education, Others), by End User (Businesses, Individuals): Global Opportunity Analysis and Industry Forecast, 2021-2031

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.


David Correa

5933 NE Win Sivers Drive

#205, Portland, OR 97220

United States

USA/Canada (Toll Free):

+1-800-792-5285, +1-503-894-6022

UK: +44-845-528-1300

Hong Kong: +852-301-84916

India (Pune): +91-20-66346060

Fax: +1(855)550-5975


Web: www.alliedmarketresearch.com

Allied Market Research Blog: https://blog.alliedmarketresearch.com

Follow Us on | Facebook | LinkedIn | YouTube |

Leave a Comment