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Global Smart Card IC Market Report 2022 to 2027: Government Agencies Promoting Digitalization Presents Opportunities

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Dublin, Nov. 04, 2022 (GLOBE NEWSWIRE) — The “Smart Card IC Market by Type (Microprocessor, Memory), Architecture (16-bit, 32-bit), Interface, Application (USIMs/eSIMs, ID Cards, Financial Cards), End-user Industry (Telecommunications, BFSI) and Region – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.

The global smart card IC market is projected to reach USD 3.9 billion by 2027 from an estimated USD 2.9 billion in 2022, at a CAGR of 6.3% from 2022 to 2027.

The growth of the smart card IC market can be attributed to the high demand for Subscriber Identity Modules (SIMs), Universal Subscriber Identity Modules (USIMs), and embedded Subscriber Identity Module (eSIMs) cards; secure ID cards; and financial cards from the ever-growing population and a gradual shift to digitalization and electrification.

In 2022, USIMs/eSIMs segment captured the largest share of the smart card IC market

In 2022, the USIMs/eSIMs segment captured the largest share of the smart card IC market, and a similar trend is likely to be observed throughout the forecast period. The growth of the segment can be attributed to the adoption of USIM/eSIM in consumer electronic devices such as smartphones, mobile phones, tablets, and smartwatches as well as IoT devices. Various smartphone manufacturing companies are working on eSIM technology to ingrate them with their latest smartphone series. For instance, Apple Inc. introduced eSIM technology in its third-generation iPad Pro, iPhone XS line, and will be integrating eSIM in all product lines of iPhone 14 series.

In 2022, the telecommunications end-user industry captured the largest share of the smart card IC market

In 2022, the telecommunications end-user industry accounted for the largest size of the smart card IC market, and a similar trend is likely to be observed during the forecast period. The high growth can be attributed to the technological developments such as adoption of 3G, 4G, and 5G technologies for fast and secure communication. Also, the emergence of eSIMs in smartphones is expected to increase in future. With technological developments, products such as smartphones, smartwatches, wearables, are also evolving to be compatible with the latest technologies. This is spurring the demand for smart card ICs.

In 2022, Europe held the second-largest share of the overall smart card IC market

Europe has witnessed rapid adoption of state-owned healthcare and health insurance systems than the most developed countries across the world. The European Commission has mandated the use of smart cards as a replacement to E-111 paper forms for cross-border healthcare services, which has led to the growth of the smart card IC market in Europe. In addition, the increasing adoption of contactless technology for retail transactions and access control are expected to accelerate the growth of the European smart card IC market. Hence, Europe held the second-largest share of the overall smart card IC market in 2022.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities for Players in Smart Card IC Market
4.2 Smart Card IC Market, by Type
4.3 Smart Card IC Market, by Architecture
4.4 Smart Card IC Market, by Interface
4.5 Smart Card IC Market, by Application
4.6 Smart Card IC Market, by End-user Industry
4.7 Smart Card IC Market, by Region
4.8 Smart Card IC Market, by Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Usage of Sims and Esims in Smartphones
5.2.1.2 Adoption of Id Cards Across Various Organizations and Educational Institutions
5.2.1.3 Rise in Contactless Payments Post COVID-19 Outbreak
5.2.2 Restraints
5.2.2.1 Data Security Concerns Related to Esims
5.2.3 Opportunities
5.2.3.1 Government Agencies Promoting Digitalization
5.2.3.2 Surging Demand for Advanced Telematics and Infotainment Systems from Automotive Sector
5.2.3.3 Increased Adoption of IoT by End-user Industries
5.2.4 Challenges
5.2.4.1 Global Semiconductor Chip Supply Shortage
5.3 Value Chain Analysis
5.4 Ecosystem
5.5 Pricing Analysis
5.6 Revenue Shifts and New Revenue Pockets for Smart Card IC Market Players
5.7 Technology Analysis
5.7.1 Key Technologies
5.7.1.1 Coil on Module Technology
5.7.2 Complementary Technologies
5.7.2.1 Near-Field Communication Technology
5.7.2.2 Radio Frequency Technology
5.7.2.3 Artificial Intelligence Technology
5.8 Emerging Trends
5.8.1 Biometric Cards
5.9 Porter’s Five Forces Analysis
5.9.1 Intensity of Competitive Rivalry
5.9.2 Threat of Substitutes
5.9.3 Bargaining Power of Buyers
5.9.4 Bargaining Power of Suppliers
5.9.5 Threat of New Entrants
5.10 Key Stakeholders and Buying Criteria
5.10.1 Key Stakeholders in Buying Process
5.10.2 Buying Criteria
5.11 Case Study Analysis
5.12 Trade Analysis
5.12.1 Import Scenario
5.12.2 Export Scenario
5.13 Patent Analysis
5.14 Key Conferences and Events, 2022-2023
5.15 Tariff Analysis
5.16 Standards and Regulatory Landscape
5.16.1 Regulatory Bodies, Government Agencies, and Other Organizations
5.16.1.1 North America
5.16.1.2 Europe
5.16.2 Standards

6 Smart Card IC Market, by Type
6.1 Introduction
6.2 Microprocessor
6.2.1 Enables Addition, Deletion, and Manipulation of Data
6.3 Memory
6.3.1 Less Expensive Than Microcontrollers

7 Smart Card IC Market, by Architecture
7.1 Introduction
7.2 16-Bit
7.2.1 Offers High Clock Speed and Wider Data Paths
7.3 32-Bit
7.3.1 Capable of Storing Large Volumes of Data

8 Smart Card IC Market, by Interface
8.1 Introduction
8.2 Contact Interface
8.2.1 Contact with Card Reader Necessary to Facilitate Reading
8.3 Contactless Interface
8.3.1 Contactless Cards Use Radio Frequency to Read Data
8.4 Dual Interface
8.4.1 Combines Features of Both Contact and Contactless Interfaces

9 Smart Card IC Market, by Application
9.1 Introduction
9.2 Usims/Esims
9.2.1 Offer Enhanced Data Security Compared with Traditional Sim Cards
9.3 Id Cards
9.3.1 Employee Id
9.3.1.1 Smart Employee Id Cards Used to Secure Access to Physical Facilities and Computer Systems and Networks
9.3.2 Citizen Id
9.3.2.1 Captured the Largest Share of the Smart Card IC Market in 2021
9.3.3 Epassport
9.3.3.1 Helps Reduce Circulation of Fake Passports
9.3.4 Driving License
9.3.4.1 Smart Chips Embedded Licenses Protect Against Falsification of Documents
9.4 Financial Cards
9.4.1 Credit Cards
9.4.1.1 Adoption of Credit Cards to Propel Demand for Smart Card ICS
9.4.2 Debit Cards
9.4.2.1 Contactless Payments to Fuel Demand for Debit Cards
9.5 IoT Devices
9.5.1 Integrated Ics to Elevate Level of Security and Prevent Unauthorized Tampering

10 Smart Card IC Market, by End-user Industry
10.1 Introduction
10.2 Telecommunications
10.2.1 Extensively Uses Smart Card Ics in Usim Cards
10.3 Bfsi
10.3.1 Bfsi Prime User of Smart Card Technology
10.4 Government and Healthcare
10.4.1 Government Initiatives to Digitalize Documentation to Fuel Adoption of Smart Cards
10.5 Transportation
10.5.1 Smart Cards Ensure Smooth Passenger Flow in Subways, Buses, Trolleys, and Other Public Transport Mediums
10.6 Education
10.6.1 Uses Smart Cards to Manage Access to Campus and Maintain Student Records
10.7 Retail
10.7.1 Uses Smart Cards to Acquire Customer Data
10.8 Others

11 Smart Card IC Market, by Region

12 Competitive Landscape
12.1 Overview
12.2 Market Evaluation Framework
12.2.1 Product Portfolio
12.2.2 Regional Focus
12.2.3 Manufacturing Footprint
12.2.4 Organic/Inorganic Strategies
12.3 Market Share Analysis, 2021
12.4 Revenue Analysis: Top Five Companies (2017-2021)
12.5 Company Evaluation Quadrant
12.5.1 Stars
12.5.2 Emerging Leaders
12.5.3 Pervasive Players
12.5.4 Participants
12.6 Competitive Scenarios and Trends
12.6.1 Product Launches
12.6.2 Deals
12.6.3 Others

13 Company Profiles
13.1 Key Players
13.1.1 Infineon Technologies AG
13.1.2 Nxp Semiconductors N.V.
13.1.3 Samsung Electronics Co. Ltd.
13.1.4 STMicroelectronics N.V.
13.1.5 Microchip Technology Incorporated (Atmel Corporation)
13.1.6 Cec Huada Electronic Design Co. Ltd.
13.1.7 Analog Devices, Inc.
13.1.8 Sony Group Corporation
13.1.9 Toshiba Corporation
13.1.10 ON Semiconductor Corporation
13.2 Other Players
13.2.1 Shanghai Fudan Microelectronics Group Co. Ltd.
13.2.2 Watch Data Co. Ltd.
13.2.3 Texas Instruments Incorporated
13.2.4 Nations Technologies Inc.
13.2.5 Ziguang Tongxin Microelectronics Co. Ltd. (Tmc)
13.2.6 Kona I
13.2.7 HT Micron
13.2.8 Imatric LLC
13.2.9 ICTK Holdings Co. Ltd.
13.2.10 EM Microelectronic

14 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/64raeg

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Artificial Intelligence

Automotive Digital Cockpit Domain Controller Power Expected to Double by 2030

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NEW YORK, March 28, 2024 /PRNewswire/ — The lengthening lifecycle of vehicles is driving automotive Original Equipment Manufacturers (OEMs) to plan several years of customer support through regular Over-the-Air (OTA) updates. Achieving this requires a digital Cockpit Domain Controller (CDC) with an architecture that supports long-term updating and maintenance. According to a new report from global technology intelligence firm ABI Research, the computing power of the CDC will increase significantly over the next few years, with graphical computing power and deep-learning processing power (for AI-powered functions) expected to double by 2030 for an average mid-market CDC.

OEMs are beginning to plan for several years of support, both in software patches and bug fixes, and for delivering new added value features to the driving experience. “This support and feature roadmap requires a hardware and software architecture that supports the continuous updating of vehicles over time. OEMs need a system that accommodates quick, targeted updates by shipping vehicles with planned overhead in computing power, software containerization, and robust hypervisors. These can be accommodated by silicon vendors such as NVIDIA or Qualcomm with their suite of high-powered System-on-Chips (SoCs), along with hypervisor and software specialists such as Blackberry QNX. The ecosystem hasn’t fully adjusted to OTA updates in mixed-criticality systems like the digital cockpit domain controller yet, with most OEMs speculating about the level of computing power that is needed for several years of support and few going to their silicon and tier-one partners with roadmaps of planned features,” explains Abu Miah, Smart Mobility and Automotive Analyst at ABI Research.
The computing power of the CDC will increase significantly over time. The Tera Floating-Point Operations per Second (TFLOPS) of an average mid-market CDC is expected to rise from 1 TFLOPS in 2023 to 2.5 TFLOPS by 2030. Miah adds, “One of the primary drivers of this increase is the implementation of a larger number of higher resolution screens in the vehicle to accommodate new high-end gaming and video-on-demand features.”
Building a ‘future-proofed’ CDC is not as simple as throwing compute power at the vehicle. “OEMs, tier ones, and silicon vendors must all work toward an ecosystem of hardware and software agnosticism, modular architecture, and collaborative software development if they are to match customers’ expectations of updates, patches, and bug fixes from the consumer electronics space,” Miah concludes.
These findings are from ABI Research’s Future-Proofing Digital Cockpit Domain Controllers application analysis report. This report is part of the company’s Smart Mobility and Automotive research service, which includes research, data, and ABI Insights. Based on extensive primary interviews, Application Analysis reports present an in-depth analysis of key market trends and factors for a specific technology.
About ABI Research
ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.
ABI Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。
For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Contact Info: 
GlobalDeborah Petrara Tel: +1.516.624.2558 [email protected] 
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ACL Digital in Collaboration with AWS and Infineon to Participate at Embedded World 2024

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SAN JOSE, Calif., March 28, 2024  /PRNewswire/ — ACL Digital, an ALTEN group company, is a pioneer in design-led digital experience, innovation, enterprise IT modernization, and product engineering services, announced that ACL Digital, in collaboration with AWS and Infineon, is going to showcase its AWS IoT & Cloud capabilities at Embedded World 2024, Hall 4 (Booth #4-552) from April 9 to April 11 in Nuremberg, Germany.

ACL Digital, a top-tier AWS Services partner, propels organizations of all sizes to navigate digital transformation to accelerate time-to-market. The company provides comprehensive support, from adopting to modernizing IT infrastructure on AWS. By leveraging expertise in architecture, security, migration, and operations, ACL Digital unlocks the full potential of AWS, streamlining IoT and cloud journeys and fast-tracking business growth and innovation.
The AWS Advanced Tier partnership enables ACL Digital to leverage AWS expertise, its robust support ecosystem and best practices to deliver customer delight.
ACL Digital offers visitors at Embedded World 2024 a chance to experience the exclusive demo of a Smart Stove Solution, built by leveraging the AWS Cloud and Infineon platform and how it has added value to our customers.
With over 100 AWS-certified experts, ACL Digital empowers clients to achieve breakthrough results in their digital transformation. Also, the leading digital transformation company supports global clients in navigating the complexities of cloud implementation, migration and digital transformation with ease and helping them unlock new growth opportunities.
About AWS
Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development, deployment, and management from 105 Availability Zones within 33 geographic regions, with announced plans for 12 more Availability Zones and four more AWS Regions in Malaysia, New Zealand, Thailand, and the AWS European Sovereign Cloud. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit https://aws.amazon.com .
About Infineon
Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 58,600 employees worldwide and generated revenue of about €16.3 billion in the 2023 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY). To learn more about Infineon, visit https://www.infineon.com/
About ACL Digital
ACL Digital an ALTEN Group Company, is a digital product innovation and engineering leader. We help our clients design and build innovative products (AI, Cloud, and Mobile ready), content and commerce-driven platforms, and connected, converged digital experiences for the modern world through a design-led Digital Transformation framework.
Headquartered in Silicon Valley, ACL Digital is a leader in design-led digital experience, innovation, enterprise modernization, and product engineering services converging to Technology, Media & Telecom. The company has a workforce of 57,000+ spread across more than 30+ countries.

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Gilbarco Veeder-Root champions fuel efficiency, clean fuels and diesel rebate solutions in mining

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JOHANNESBURG, March 28, 2024 /PRNewswire/ — Global leader in technology solutions OEM Gilbarco Veeder-Root (GVR) is dedicated to enhancing operational performance by delivering comprehensive end-to-end wetstock, industrial, mining, and business-to-business solutions, all tailored to meet the specific needs of the customer.

 
 
By encompassing every aspect of mining operations, GVR commercial and industrial Middle East and Africa director Westtar Kapito says, “the company is setting new benchmarks for fuel efficiency, safety and sustainability within the mining industry”.
As part of a holistic approach to mining excellence, Kapito explains that Gilbarco’s integrated fuel and fleet management technology solutions are designed to address the multifaceted challenges of the mining industry.
Some of these facets include wetstock control, equipment maintenance and management, fleet management and automation, compliance monitoring and environmental sustainability, as well as driving productivity and profitability through innovation.
In addition, the introduction of Gilbarco’s clean fuel solution exemplifies the company’s commitment to maintaining equipment integrity and performance.
This technology, GVR says, monitors in real-time the status of up to 16 “clean fuels” key performance matrices, thereby ensuring that dirty fuel is flagged and not transferred into mining equipment which would affect engines and injectors and thus lower productivity.
Gilbarco’s comprehensive site automation solutions empower mining companies with critical data analytic insights, facilitating efficient monitoring and management of fleet and fuel inventory. Gilbarco’s dataFLEX360 platform plays a pivotal role, offering near real-time reporting and analytics to drive informed decision-making and operational agility.
dataFLEX360 is a Web-based, cloud-hosted strategic operational insights platform. The system ensures accurate, reliable and relevant reporting of all fuel, fleet and asset transactions, and provides for proactive corrective measures to reduce complex reporting and gives a consolidated and comprehensive view across all sites and assets.
With reconciliations at its core, dataFLEX360 provides solution accuracy on operational data.
Integral to the company’s solutions is compliance with Global Industry Standards and environmental stewardship, from leak detection to vapour recovery and clean fuel technologies. Gilbarco’s products are designed to ensure compliance and minimise the carbon footprint of mining operations.
Additionally, through the company’s innovative telematics technology and the data generated, it can systematically and seamlessly generate South African Revenue Services- (SARS-) compliant fuel rebate reports for any selected tax period.  
GVR’s technology provides a full audit trail required for eligibility for SARS rebates, and its reporting platform simplifies logbook and data gathering required, enabling successful rebate claims and return on investment.
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