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Research and Development Forecast of Smart Card Industry in China

Research and Development Forecast of Smart Card Industry in China, 2013-2017 mainly analyzes the market status of smart card industry at home and abroad, competition status and business performance of the main enterprises, and makes a prediction about smart card industry, which provide a decision-making reference for enterprises to understand this industry as well as invest in the field.
According to statistics, the global smart card shipments reached more than 4 billion in 2012, which still remained a stable growth under the negative influence of global financial crisis. The representative smart card manufacturers in Europe are Gemalto, ST, Infineon and NXP, which push forward smart card industry development. At present, many countries in Europe are changed from using magnetic stripe card to use chip card, which also called as EMV move, with a great demand for smart card.
With the rapid development of industry informatization in the Asian-Pacific region, China, India, Japan, South Korea and other Southeast Asian countries have a great demand for smart cards. In addition, China is the largest market, almost accounting for the one third of global market.
Smart cards in China have been developed 20 years. Until 2012, it appeared to be a favorable trend no matter in finance, social security or public transportation, medical treatment. In recent two years, the growth rate of smart card market reached over 10%, sales amount of smart cards in China exceeded CNY 10 billion in 2012.
Telecommunications sector is the leader to start up smart card application in China, which has attached much importance to promote the application of smart cards, Smart cards (SIM, UIM, public phone IC card, PIM card) can be seen not only in high-end mobile phone but also in normal public phone. It undoubtedly advances this industry to be strong and developed.
In 2012, the purchase of smart cards in China's telecom field added up to over 6.5 billion cards. In the next five years, more smart cards will be purchased in China's telecom field, estimating 4 billion cards. Especially after the popularization of 3G network, it accelerated the elimination of 2G SIM card.

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