Smart Card IC Market Share and Forecast by 2033
Vishal Gupta10 Feb, 2025Technology
The global smart card IC market size was valued at USD 3.12 Billion in 2024. Looking forward, IMARC Group estimates to reach USD 4.72 Billion by 2033, exhibiting a CAGR of 4.48% during 2025-2033. Asia Pacific currently dominates the market, holding a significant market share of over 34.6% in 2024. The increasing number of debit and credit card users, rising usage in small and medium-scale enterprises (SMEs), and the growing employment of IoT devices represent some of the key factors driving the market.
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