A synopsis of the EVM Card Market
The "EVM Card Market" analysis study offers a thorough examination of market shares, cost structures, import and export consumption, sales volumes, revenues, and gross profits. It provides information on the global market and highlights important manufacturers in various areas. Stakeholders are able to make informed decisions and successfully navigate the dynamic EVM Card market landscape by carefully evaluating their production bases, capabilities, revenues, and market shares.
Evaluation and Growth of the EVM Card Market:
EVM Card Market size was valued at USD 15.08 Bn. in 2023 and the total EVM Card revenue is expected to grow at a CAGR of 4.2% from 2024 to 2030, reaching nearly USD 20.12 Bn.
Industrial Range of EVM Card Market :
The import and export consumption, the complexities of supply and demand, cost structures, market shares, sales volumes, revenues, and gross profits are all thoroughly examined in this extensive analysis. Examining production capabilities, factory costs, and market shares of all industry participants, it dives into the manufacturing landscape. The research also offers insights into the state of the global market and highlights important manufacturers in a number of different regions. Stakeholders are provided with useful information to facilitate strategic decision-making and successful navigation of the dynamic EVM Card market by carefully examining their manufacturing bases, production capacity, revenue streams, and market shares.
Classification of the EVM Card Market
by Type
Debit Card
Credit Card
By Type, the Debit Card segment dominated the global EVM card market with a market share of 62% in 2023 and is expected to grow at a CAGR of 4.7% during the forecast period. As a banking product, debit cards have gained in popularity over recent years, with more and more consumers swiping. In India, the total number of debit cards in circulation as on November 2017 was 731,332,595 and this grew to 805,522,146 as on August 2018, thereby registering about 109% growth. Consequent growth in rupee value was 2,492,721.70 Mn (November 2017), as against 2,759,761.00 Mn (August 2018), which is a jump of 109.67%. Thanks to the advantages given by the debit card services, the segment is expected to witness significant growth during the forecast period.
by Brand
Euro pay
Visa
MasterCard
Other
by Interface
Contact
Contactless
Dual
By Interface, the Contactless segment held the largest market share of 55% and dominated the global EVM card in 2023. The segment is expected to maintain its dominance by holding a market share of 59% by 2030. A contactless smart card has an integrated smart card secure microcontroller or comparable intelligence, internal memory, and a tiny antenna; it connects with devices through a contactless radio frequency (RF) interface. Radio-frequency identification (RFID) or near-field communication (NFC) communication technologies are generally utilized for contactless smart card applications.
by Functionality
Transaction
Communication
Security & Access Control
by Application
BFSI
IT & Telecommunication
Government
Food & Groceries
Health & Pharmacy
Restaurants & Bars
Consumer Electronics
Shopping Malls & Retail
Media & Entertainment
Travel & Tourism
Others
By Application, the BSFI segment held the largest market share of the global EVM card market at 36.45% in 2023 and is expected to maintain its dominance by 2029. The adoption of EVM cards in BFSI provides a variety of benefits, including personal data security and secure data transfers. Thus, the segment is expected to witness a significant growth rate during the forecast period. Additionally, in the BFSI sector, EVM cards are used for payment as credit or debit cards, access control cards, and authentication cards. They may be used as electronic wallets by putting monies into the EVM card, which can then be transferred to a vending machine or an account using cryptographic protocols. For a long time, the banking sector has seen the benefits of magnetic stripe card technology and has transitioned to memory chips or microprocessors on card technology.
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EVM Card Market Location-Based Analysis
The EVM Card market report offers a comprehensive analysis of the EVM Card industry across five major global regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. This in-depth exploration delves into crucial market geographies, illuminating their unique dynamics and potential. The report meticulously identifies and examines significant industry segments and sub-segments, unveiling key growth drivers and challenges. By dissecting regional trends and highlighting market nuances, the report empowers stakeholders to make informed decisions. Whether seeking expansion opportunities or market insights, this analysis equips industry players with valuable data to navigate the diverse landscape of the EVM Card market.
Principal Players in the EVM Card Market Industry
1. American Express
2. CardLogix Corporation
3. CPI Card Group Inc.
4. Equinox Payments
5. Giesecke + Devrient GmBH
6. HID Global Corporation
7. IDEMIA, Infineon Technologies AG
8. JPMorgan Chase & Co.
9. NCR Corporation
10. Perfect Plastic Printing
11. Samsung
12. Thales
13. VeriFone
14. Versatile Card Technology Pvt. Ltd.
15. Mastercard
16. Visa Inc.
17. ABCorp
18. CPI Card Group
19. Gem alto
20. Giesecke & Devrient
21. Morpho (Safran)
22. Oberthur Technologies
23. Versatile Card Technology Ingenico
24. PAX Technology
25. SZZT Technology
26. ATOS World line
27. Cyber Net
28. Equinox
29. Fiserv Inc.
30. Keycorp
31. NCR
32. Spire Payments
33. Hengbao
34. Watch data systems Co. Ltd
35. Gold Pac
List of Contents : EVM Card Market
Part 01: Executive Summary
Part 02: Scope of the EVM Card Market Report
Part 03: EVM Card Market Landscape
Part 04: EVM Card Market Sizing
Part 05: EVM Card Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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