Tag Archives: Reports

Smart Cards Market on Track to Reach US$ 15,050.2 Mn by 2024

By | July 17, 2017

PMR maintains a positive long-term outlook on the global smart card market, estimating global revenues to surpass US$ 15,050.2 Mn by 2024. In terms of volume, the global smart card market is anticipated to expand at a CAGR of 9.6% over 2016 – 2024. According to the latest market report published by Persistence Market Research, titled Global Market… Read More »

EMVCo Reports 6.1 Billion EMV Chip Payment Cards in Global Circulation

By | June 6, 2017

5 June 2017 – Official figures of aggregated data published by technical body EMVCo show that by the end of 2016, the number of EMV® payment cards in global circulation had increased by 1.3 billion in the previous 12 months to a total of 6.1 billion*. The data also highlights that 52.4% of all card-present transactions conducted globally… Read More »

SPA data shows surge in demand for contactless chip cards

By | May 24, 2017

The Smart Payment Association (SPA), the trade body of the smart payments industry, today revealed top level findings from its 2016 annual review of the smart payments market. Data collated by the SPA from its members show over 2152 million payment chip cards were shipped globally in 2016, an increase of 4% on 2015 figures. “Following significant EMV… Read More »