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RNCOS Releases a New Report- Smart Card Market Forecast to 2012

By: Shushmul Maheshwari
RNCOS Releases a New Report- Smart Card Market Forecast to 2012

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RNCOS has recently added a new Market Research Report titled, “Smart Card Market Forecast to 2012” to its report gallery. The smart card industry has been continuously expanding, with countries across the globe identifying its true potential. The number of Smart card application projects has also been rising, demonstrating the versatility and robustness of the technology. The growing security needs, possible multiple usage and greater storage and processing capability are driving the growth of smart card industry world over and will also continue to do so in future.

The global shipment of smart card surpassed an estimated 5 Billion units in 2008 and this figure is projected to surge at CAGR of nearly 11% through 2012, according to "Smart Card Market Forecast to 2012”, a recent market research report by RNCOS.

The telecom sector is the biggest application market for smart cards, occupying more than 70% of the global smart card shipment in 2008. Growing number of mobile subscribers remain the largest contributor, driving sales of SIM cards worldwide. Use of smart cards in financial services sector has also been on rise buoyed by increasing use of Europay, MasterCard and Visa standard (EMV) standard.

Increasing use of internet for making online payment transactions is also fueling growth in the global smart card industry as this technology enables consumers make secure and reliable transactions. Use of contactless smart cards in this regard has gained remarkable consideration and is forecasted to grow at CAGR of more than 30% through 2012.

Besides this, the research also gives thorough analysis of various other applications along with their respective market share and future growth potential. For instance, the research anticipates the transport sector to experience the largest growth in usage of smart cards worldwide, CAGR projected at nearly 26% in near future.

"Smart Card Market Forecast to 2012” provides extensive research and exhaustive analysis of the smart card industry worldwide. It gives an insight into the current market trends and growth prospects for the smart card industry while substantiating the data with unbiased and rationale analysis. It helps the client to understand the key trends in the industry.

The report studies the global smart card industry by segmenting it into Americas, Europe Middle East and Africa (EMEA) and Asia Pacific. It helps in analyzing the current performance and future outlook of the smart card industry on regional.

The countries covered in the report are decided on the basis of existing opportunities that could lead to the growth for smart cards. Country level profiling provides prudent analysis of the smart card projects which are under consideration in a particular country across various application sectors.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM007.htm

Check DISCOUNTED REPORTS on: http://www.rncos.com

http://www.rncos.com

Keywords Smart Card Market Forecast to 2012, Global Smart Card Industry, Worldwide Smart Card Industry, Types of Smart Card, Smart Card Software Platforms
Category Computers and Technology
Submission Date May 21, 2009
Article Contact Name Shushmul Maheshwari || send email to Shushmul Maheshwari

Average Visitor Rating: 0.00 (out of 5)
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Article ID 380

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1. RNCOS Releases a New Report- Booming Consumer Electronics Market in India
  RNCOS has recently added a new Market Research Report titled, “Booming Consumer Electronics Market in India” to its report gallery. India has an increasingly affluent middle class population that, on the back of rapid economic growth, has made the country’s consumer electronics industry highly dynamic. The industry has been witnessing significant growth in recent years due to several factors, such as retail boom, growing disposable income and availability of easy finance schemes. But still, the consumer electronics goods, like refrigerators, microwave and washing machines, have low penetration in the country, representing vast room for future growth. This is attracting many foreign majors to the country, says our new research "Booming Consumer Electronics Market in India”.

The report finds that since the penetration of several products like TVs and refrigerators are reaching saturation in the urban areas, the markets for these products are shifting to the semi-urban and rural areas.

This analytical research thoroughly evaluates the Indian consumer electronics industry. It briefly discusses about the current and emerging trends in the industry, underlining the future potential areas and key issues crucial for the industry development.

"Booming Consumer Electronics Market in India” offers extensive research on various consumer electronics products that are broadly classified as home appliances, audio/video appliances, mobile handsets, and PC market. It provides an insight into the emerging and potential future trend in all the categories and highlights the key strategies that need to be worked upon to get success in the highly competitive industry.

The report thoroughly analyzes the historic performance and future prospects, offering 4-year industry forecast, of following consumer electronics products:

- Washing Machines (Semi-automatic & Fully Automatic)
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- Air Conditioner
- Microwave Oven
- MP3 Players
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- Mobile Handsets
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Key Research Findings:

- Propelled by growing middle class population, changing lifestyle and rapid urbanization, the Indian consumer electronics industry is forecasted to grow at a rapid rate of 10% to 12% in the coming few years.
- Volume sales of washing machine will be driven by growth in fully automatic category during 2008-09 to 2011-12.
- The market for televisions in India is changing rapidly from the conventional CRT technology to Flat Panel Display Televisions (FPTV). Currently, the split between CRT and FPTV is around 97% and 3% respectively, and the share of FPTV is projected to increase at robust rate in near future.
- Frost-free refrigerator sales, certainly growing at a much faster pace than the direct-cool category, are anticipated to drive the Indian refrigerators market over the forecast period.
- The AC market in India is projected to grow at 30% to 35% for the coming few years.
- Driven by young population, demand for MP3 players and digital video appliances are anticipated to surge at double-digit rate in near future.
- The low penetration level of consumer electronics goods coupled with increasing preference for comfort and luxurious goods are widely attracting the foreign as well as domestic players to the industry.


For more information visit: http://www.rncos.com/Report/IM157.htm
Current Industry News: http://www.rncos.com/Blog/
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5. RNCOS Releases a New Report- Smart Card Market Forecast to 2012
  RNCOS has recently added a new Market Research Report titled, “Smart Card Market Forecast to 2012” to its report gallery. The smart card industry has been continuously expanding, with countries across the globe identifying its true potential. The number of Smart card application projects has also been rising, demonstrating the versatility and robustness of the technology. The growing security needs, possible multiple usage and greater storage and processing capability are driving the growth of smart card industry world over and will also continue to do so in future.

The global shipment of smart card surpassed an estimated 5 Billion units in 2008 and this figure is projected to surge at CAGR of nearly 11% through 2012, according to "Smart Card Market Forecast to 2012”, a recent market research report by RNCOS.

The telecom sector is the biggest application market for smart cards, occupying more than 70% of the global smart card shipment in 2008. Growing number of mobile subscribers remain the largest contributor, driving sales of SIM cards worldwide. Use of smart cards in financial services sector has also been on rise buoyed by increasing use of Europay, MasterCard and Visa standard (EMV) standard.

Increasing use of internet for making online payment transactions is also fueling growth in the global smart card industry as this technology enables consumers make secure and reliable transactions. Use of contactless smart cards in this regard has gained remarkable consideration and is forecasted to grow at CAGR of more than 30% through 2012.

Besides this, the research also gives thorough analysis of various other applications along with their respective market share and future growth potential. For instance, the research anticipates the transport sector to experience the largest growth in usage of smart cards worldwide, CAGR projected at nearly 26% in near future.

"Smart Card Market Forecast to 2012” provides extensive research and exhaustive analysis of the smart card industry worldwide. It gives an insight into the current market trends and growth prospects for the smart card industry while substantiating the data with unbiased and rationale analysis. It helps the client to understand the key trends in the industry.

The report studies the global smart card industry by segmenting it into Americas, Europe Middle East and Africa (EMEA) and Asia Pacific. It helps in analyzing the current performance and future outlook of the smart card industry on regional.

The countries covered in the report are decided on the basis of existing opportunities that could lead to the growth for smart cards. Country level profiling provides prudent analysis of the smart card projects which are under consideration in a particular country across various application sectors.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM007.htm

Check DISCOUNTED REPORTS on: http://www.rncos.com
Category:   Computers and Technology




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