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Home | Search Global IT News: IT News & Press Release Distribution: Smart Card Market Growth in Telecom Sector - 2019 Analysis Research Report (IT-NEWSWIRE.COM, April 21, 2015 ) Smart card is a pocket-sized card, generally made of plastic, which is embedded with integrated circuits or microchips. It is used for authentication, identification, data storage, and application processing. Smart cards are classified into two types: contact-based and contactless. Contact-based smart cards have a contact area of approximately 1 square cm. These cards are inserted into the smart card reader. Contactless smart cards are embedded with integrated circuits that process and store data and communicate with a terminal via radio frequencies. These cards are used by employing a radio frequency between card and the reader that needs no physical insertion of the card. Therefore, contactless smart cards have faster applications and are user-friendly. Contactless smart cards are widely accepted and used by some of the major sectors such as BFSI, Government, Transportation, Healthcare, and Defense. The analysts forecast Global Smart Card market in the Telecom sector to grow at a CAGR of 4.98 percent over the period 2014-2019. Covered in this Report This report covers the present scenario and the growth prospects of the Global Smart Card market in the Telecom sector for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of smart cards in the Telecom sector. The report does not include revenue generated from the sales of contactless smart cards in the Telecom sector. The report, Global Smart Card Market in Telecom Sector 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, Latin America, North America, and the MEA region; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. Buy Report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=355774 Key Regions APAC Europe Latin America MEA North America Key Vendors Gemalto Giesecke & Devrient Morpho Oberthur Technologies Watchdata System Other Prominent Vendors AB Note Advanced Card Systems CardLogix Infineon Technologies Inside Secure NXP Semiconductors Inquire before Buying @ http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=355774 Market Driver Increased Need to Reduce Identity Duplication Market Challenge Intense Competition Market Trend Increased Adoption of NFC Payment Key Questions Answered in this Report What will the market size be in 2018 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors? Inquire for Discount @ http://www.rnrmarketresearch.com/contacts/discount?rname=355774 About Us: RnRMarketResearch.com is an online database of market research reports offer in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries. Public Safety LTE & Mobile Broadband Market RnR Market Research Ritesh Tiwari 1 888 391 5441 sales@rnrmarketresearch.com Source: EmailWire.Com Source: EmailWire.com

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