This study analyzes the markets for the use and deployment of smart cards as
an access tool, payment tool, and as a medium for keeping personal
records—like health, bank account, etc. .
This study focuses on different smart card projects around the world,
including the implementation of smart cards in different sectors of the industry
like banking, e-commerce, retail, access control and personalized
authentication. It also deals with the security sector, in which the smart card
is making slow but decisive progress. Smart card usage and transaction scenarios
are discussed and smart card markets are tracked from 1999 and forecasted to
2007.
This study also tracks different technologies implemented by the smart card
industry, and describes their results and flaws. Also it covers the prospects
for upcoming smart card technologies like contactless cards, EMV with DES
encryption, Global Platform Java PK, Global Platform Java Dual Interface and
more. Also included is an in-depth look at the technologies that are likely to
be used in smart cards in future, with a glimpse at the very new optical card
technology.
STUDY, GOAL AND OBJECTIVE
BCC's goal in conducting this study was to determine the current status of
the worldwide smart card industry and assess its growth potential over a 7-year
period from 2000 to 2007. We were particularly interested in knowing what is
happening in the smart card market and knowing how smart card projects are
implemented worldwide. In addition, we were interested in the market potential
for emerging smart card technologies. The goal of the study also involves
knowing and understanding different technologies that are available and in use.
Our key objective was to present a comprehensive analysis of the current
smart card market and its future direction.
REASONS FOR DOING THE STUDY
Smart card is the most sophisticated and advanced technology used mainly for
payment and authentication purposes. The smart card market is growing at an
amazing pace, and we are interested in knowing the trends this market will
follow. It will be also interesting to know how smart cards are being utilized
for enhancing our daily lives and businesses and making them secure.
CONTRIBUTION OF THE STUDY AND FOR WHOM
This study is an extensive and complete data that defines and explains how
the smart card industry is developing and what its prospects are in the long
term (2003 to 2007). The study includes the market findings of smart card
projects implemented worldwide and also encompasses smart card usage and its
acceptance by the public. The importance of the smart card and its features have
been scaled in technology terms.
This study can be of immense help to companies that are into card
manufacturing, chip manufacturing, system integration and for the companies
dealing with security issues. This study can additionally be of help to project
managers, system developers and distributors who wish to exploit smart card as
one of their options. Government institutions and private company owners can
also benefit from this study for securing and simplifying their work by the use
of the smart card.
SCOPE AND FORMAT
The scope of the study includes major smart card technologies, smart card
types, platforms, its standards and various applications of smart card. A major
focus of the report is the market scenario of the smart card industry. This
report discusses various smart card projects that are being implemented or that
have been planned around the world.
The report is divided into easy-to-follow chapters such as overview,
applications, markets etc., while the markets are divided geographically and
breakdowns are given by region.
INFORMATION SOURCES
The report sources its information from various companies' press releases,
annual reports and news from periodicals as well as websites over a period of
time. The report has also sourced various companies' public relations officers
for the specific queries and figures required for the report.
The technical portion has been sourced and referred from company white papers
and magazine articles, while the market data is based upon press releases and
direct press contacts.