Global Smartcard MCU Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Smartcard MCU cards store a large amount of data. These are targeted toward various applications such as identification, data storage, authentication, and application processing. MSU is embedded in smart cards including processor units, communication interfaces, peripherals, memory modules, and so on. The Smartcard MCU market is expanding because of factors such as the rising adoption of digital technologies and growing banking fraud.
According to Statista in 2022, global spending on digital transformation is estimated to reach around USD 1.6 trillion. Also, by 2026, it is projected to reach around USD 3.4 trillion. Whereas rising awareness towards security concerns and technological advancement and innovations create lucrative opportunities for the market. However, a lack of public awareness hampers market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Smartcard MCU Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the increasing awareness of security concerns, growing incidences of banking fraud, and rising growth activities by market players. Whereas the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as increasing digitalization, growing technological advancement, and innovation in the forecast period.
Major market players included in this report are:
- NXP Semiconductors NV
- Renesas Electronics Corporation
- Infineon Technologies AG
- STMicroelectronics
- Microchip Technology Inc.
- Texas Instruments Incorporated
- Maxim Integrated
- Onsemi
- Zilog, Inc.
- Samsung Electronics Co. Ltd
Recent Developments in the Market:
- In September 2021, Infineon Technologies opened a new high-tech chip manufacturing facility for power electronics. It is valued at 1.6 billion EUR and is based on 300-millimeter thin wafers manufactured at the company's Villach facility in Austria. The semiconductor group's investment is one of the most significant projects in Europe's microelectronics sector.
- In January 2022, Samsung Electronics unveiled the S3B512C, a brand-new, improved fingerprint security IC (integrated circuit). The new solution complies with the most recent Mastercard Biometric Evaluation Plan Summary (BEPS) criteria for biometric payment cards and is EMVCo and Common Criteria Evaluation Assurance Level (CC EAL) 6+ certified.
Global Smartcard MCU Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Product, Offering, Functionality, End-user, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Product:
By Offering:
- Smart Card
- Smart Card Readers
By Functionality:
- Transaction
- Communication
- Security and access control
By End User Industry:
- BFSI
- Telecommunications
- Government and Healthcare
- Education
- Retail
- Transportation
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Smartcard MCU Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Smartcard MCU Market, by Product, 2019-2029 (USD Billion)
- 1.2.3. Smartcard MCU Market, by Offerings, 2019-2029 (USD Billion)
- 1.2.4. Smartcard MCU Market, by Functionality, 2019-2029 (USD Billion)
- 1.2.5. Smartcard MCU Market, by End User, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Smartcard MCU Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Smartcard MCU Market Dynamics
- 3.1. Smartcard MCU Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising adoption of digital technologies
- 3.1.1.2. Growing banking frauds
- 3.1.2. Market Challenges
- 3.1.2.1. Lack of public awareness
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising awareness of security concerns
- 3.1.3.2. Technological advancement and innovations
Chapter 4. Global Smartcard MCU Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Investment Adoption Model
- 4.5. Analyst Recommendation & Conclusion
- 4.6. Top investment opportunity
- 4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Smartcard MCU Market, by Product
- 6.1. Market Snapshot
- 6.2. Global Smartcard MCU Market by Product Performance - Potential Analysis
- 6.3. Global Smartcard MCU Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
- 6.4. Smartcard MCU Market, Sub Segment Analysis
- 6.4.1. 8-bit,
- 6.4.2. 16-bit,
- 6.4.3. 32-bit
Chapter 7. Global Smartcard MCU Market, by Offerings
- 7.1. Market Snapshot
- 7.2. Global Smartcard MCU Market by Offerings Performance - Potential Analysis
- 7.3. Global Smartcard MCU Market Estimates & Forecasts by Offerings 2019-2029 (USD Billion)
- 7.4. Smartcard MCU Market, Sub Segment Analysis
- 7.4.1. Smart Card
- 7.4.2. Smart Card Readers
Chapter 8. Global Smartcard MCU Market, by Functionality
- 8.1. Market Snapshot
- 8.2. Global Smartcard MCU Market by Functionality Performance - Potential Analysis
- 8.3. Global Smartcard MCU Market Estimates & Forecasts by Functionality 2019-2029 (USD Billion)
- 8.4. Smartcard MCU Market, Sub Segment Analysis
- 8.4.1. Transaction,
- 8.4.2. Communication,
- 8.4.3. Security & Access Control
Chapter 9. Global Smartcard MCU Market, by End User Industry
- 9.1. Market Snapshot
- 9.2. Global Smartcard MCU Market by End User Industry Performance - Potential Analysis
- 9.3. Global Smartcard MCU Market Estimates & Forecasts by End User Industry 2019-2029 (USD Billion)
- 9.4. Smartcard MCU Market, Sub Segment Analysis
- 9.4.1. BFSI,
- 9.4.2. Telecommunications,
- 9.4.3. Government and Healthcare,
- 9.4.4. Education,
- 9.4.5. Retail,
- 9.4.6. Transportation
- 9.4.7. Others
Chapter 10. Global Smartcard MCU Market, Regional Analysis
- 10.1. Smartcard MCU Market, Regional Market Snapshot
- 10.2. North America Smartcard MCU Market
- 10.2.1. U.S. Smartcard MCU Market
- 10.2.1.1. Product breakdown estimates & forecasts, 2019-2029
- 10.2.1.2. Offerings breakdown estimates & forecasts, 2019-2029
- 10.2.1.3. Functionality breakdown estimates & forecasts, 2019-2029
- 10.2.1.4. End User Industry breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Smartcard MCU Market
- 10.3. Europe Smartcard MCU Market Snapshot
- 10.3.1. U.K. Smartcard MCU Market
- 10.3.2. Germany Smartcard MCU Market
- 10.3.3. France Smartcard MCU Market
- 10.3.4. Spain Smartcard MCU Market
- 10.3.5. Italy Smartcard MCU Market
- 10.3.6. Rest of Europe Smartcard MCU Market
- 10.4. Asia-Pacific Smartcard MCU Market Snapshot
- 10.4.1. China Smartcard MCU Market
- 10.4.2. India Smartcard MCU Market
- 10.4.3. Japan Smartcard MCU Market
- 10.4.4. Australia Smartcard MCU Market
- 10.4.5. South Korea Smartcard MCU Market
- 10.4.6. Rest of Asia Pacific Smartcard MCU Market
- 10.5. Latin America Smartcard MCU Market Snapshot
- 10.5.1. Brazil Smartcard MCU Market
- 10.5.2. Mexico Smartcard MCU Market
- 10.6. Rest of The World Smartcard MCU Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. NXP Semiconductors NV
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. Renesas Electronics Corporation
- 11.2.3. Infineon Technologies AG
- 11.2.4. STMicroelectronics
- 11.2.5. Microchip Technology Inc.
- 11.2.6. Texas Instruments Incorporated
- 11.2.7. Maxim Integrated
- 11.2.8. Onsemi
- 11.2.9. Zilog, Inc.
- 11.2.10. Samsung Electronics Co. Ltd
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption