×

IC Card Management System Market Report


Company Analysis, History and Future Overview, Global Sales Trends by 2025


Published Date: 2020-02-25   |   Pages: 118   |   Tables: 147   |  Report ID: 7444 |  Industry: Electronics & Semiconductor  |   Format : pdf word ppt excel



   Request Sample     Request Customization    Request Methodology
  • SELECT LICENSE TYPE :

  •   Single License
  •  Multi User License
  •  Corporate License



High Installation of IC Card Fuel Station Management Systems to Create Robust Demand

The global integrated circuit (IC) card management system market is predicted to improve its growth on the back of the high demand for biometric systems, contactless payment systems, and smart payment technologies. IC card management system is widely used in commercial applications such as hotels and restaurants as well as the industrial sector. Late in 2019, Assa Abloy acquired Australian commercial and industrial door manufacturer AM Group specialized in innovative entrance automation. Increasing deployment of fuel card systems and IC card fuel station management systems is expected to strengthen the demand for IC card management system in future.

The introduction of smart card IC for combi cards with contactless as well as contact functions could positively impact the global market sales. Furthermore, the global IC card management system market is anticipated to benefit from the growing demand for elevator access control system solutions.

ic_card_management

Market Segments

By Product

Smart Door Locks

Fingerprint Readers

Fuel Management

Others

By Application

Corporate and Government Buildings

Fuel and Gas Filling Stations

 Others

The demand for fingerprint readers is expected to significantly increase in the IC card management system market. Fingerprint readers are widely used across the retail payment, public transport, smart home technology, and several other sectors. One of the standout applications of fingerprint readers is EMV card or biometric payment card. Such cards make fingerprint payment simple both in contactless and contact modes. In February 2020, Assa Abloy announced that the Lumidigm V-series fingerprint readers are deployed at three Singaporean driving schools. Integral to a new eKYC system introduced by the Singapore Police Force, the fingerprint sensors can help newly qualified drivers to obtain their license faster.

By Region

·        world_regions

China accounted for a sizable share of the global IC card management system market in terms of production volume, according to QYR Consulting. The analysts also say that North America and Europe trailed China with slightly lower production volume shares of the global IC card management system market. With increasing population with decent disposable income, rapid expansion of the retail sector, and high demand for fuel due to the rising automobile production, Asia Pacific is anticipated to show impressive growth in the global IC card management system market.

Manufacturers to Expand Portfolio by Acquiring Biometric Access Control Solution Providers

The report offers thorough analysis of leading manufacturers operating in the global IC card management system market, including Censtar, Moxa, Prospect, Allegion, Jun Internationals, Assa Abloy, Sanki Petroleum Technology, Samsung, and OPW. IC card management system manufacturers are expected to continue to focus on winning contracts from public transport departments and fuel station owners in future. Acquisition is another strategy that could be adopted by players to gain a competitive edge in the global IC card management system market. Early in 2020, Assa Abloy announced the acquisition of Biosite, a UK provider of biometric fingerprint technology solutions for the construction sector.

QYR Consulting brings to you a list of in-depth reports about the electronics and semiconductors industry. Our effort focuses on streamlining operations for our clients through our insightful data. The evolution of electronics and semiconductors at a breathtaking speed is poised to change businesses as they push for shorter technology life cycles. We assess how these factors are likely to bring in a change in product development.

We promise to deliver unquestionable market insights that cover all geographies. Our unique approach is aimed towards addressing your challenges and helping you find optimum solutions to rise above the cutthroat competition with the best laid plans. We look forward to addressing strategic challenges by developing your growth plans with the help our well-researched reports.

Request for Table of Contents



  You must accept our privacy policies before submit your requirement




Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

List of Tables:
List of Figures:

Reasons to Buy this Report



Fastest report delivery

Fastest report delivery

We have the fastest report delivery service with excellent after-sales support

 

In-depth analysis

In-depth analysis

We provide a comprehensive and in-depth analysis in every report that we sell

 

Large database

Large database

We own large database which will help our clients to get customized and syndicated research reports

 

Accurate data

Accurate data

To offer you accurate data, our seasoned analysts will be available to assist you

 


 

Ask a Question

Get in touch with us to find answers to all your business-related queries for fast results.

 

NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.



IC Card Management System Market Report