Global Smart Card Market in Telecom Sector 2015-2019
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Smart card is a pocket-sized card, generally made of plastic, which is embedded with integrated circuits or microchips. It is used for authentication, identification, data storage, and application processing.
Contactless smart cards have faster applications and are user-friendly. Contactless smart cards are widely accepted and used by some of the major sectors such as BFSI, Government, Transportation, Healthcare, and Defense.
Analysts forecast the Global Smart Card market in the Telecom sector to grow at a CAGR of 4.98 percent over the period 2014-2019.
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