How Will EMV Payment Cards Market Technological Advancements and Geographic Expansion Impact Market Size in 2023?

March 21, 2023March 21, 2023 vijay25

“EMV Payment Cards Market” Research Insights 2023-2027 report offers valuable information to support business analytics and strategic decision-making. The report examines current market opportunities, ongoing industry trends, and the latest innovations. It includes comprehensive data on top companies, successful marketing strategies, and CAGR value, as well as in-depth insights into recent developments. The report analyzes key growth patterns, sales revenue, demand-supply scenarios, and developing strategies for major market players. It also provides critical details on key suppliers.

Who are the leading players in EMV Payment Cards market?

Gemalto
IDEMIA
Giesecke & Devrient
Perfect Plastic Printing
ABCorp
CPI Card
Tianyu
Goldpac
Hengbao
Watchdata Technologies
Valid
Kona I
Eastcompeace

{Impressive Compound annual growth rate (CAGR) With Multiple million USD}

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Short Description of EMV Payment Cards Market:

The global EMV Payment Cards market was valued at 565137.55 Million USD in 2021 and will grow with a CAGR of 3.49% from 2021 to 2027, According to our newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
EMV is a payment method based upon a technical standard for smart payment cards and for payment terminals and automated teller machines which can accept them. EMV originally stood for “Europay, Mastercard, and Visa”, the three companies which created the standard.Key manufacturers of global EMV Payment Cards market include Gemalto, IDEMIA, Giesecke & Devrient and so on. In 2019, top 5 companies contributed a total sales market share of over 81%, among which Gemalto had 25% on its own. In terms of region, Europe is the largest market in global range, with a market share of about 38% in 2019. Following Europe, Asia-Pacific and North America occupied about 28% and 27% of global market.

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On the Basis of Product Type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:

Fuel Card
Retail Store Card
Meal Voucher Card
Local Payment Schemes Card
UnionPay
Visa
Master Card
Amec

On the Basis of the End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including: