IC Card Smart Card

IC Card Smart Card Market Outlook

The global IC Card Smart Card market is projected to reach USD 16.8 billion by 2035, growing at a CAGR of approximately 8.5% during the forecast period from 2025 to 2035. The increasing demand for secure payment methods, coupled with the growing adoption of IC cards across various sectors such as banking, healthcare, and government, is driving this market's growth. Moreover, advancements in technology, such as the development of contactless payment solutions, are further contributing to the market expansion. The proliferation of mobile payment systems and growing concerns regarding data security are also expected to enhance the adoption of smart cards. As digital transactions become more commonplace, the necessity for secure, efficient, and versatile payment solutions is propelling the IC Card Smart Card market forward.

Growth Factor of the Market

The growth of the IC Card Smart Card market is significantly influenced by several factors. Firstly, the increasing prevalence of digital payment systems across various industries is a major driving force. As businesses and consumers alike shift towards cashless transactions, there is a growing need for sophisticated payment technologies, which in turn increases the demand for smart cards. Furthermore, the rise in government initiatives aimed at promoting digital payments and financial inclusion is enhancing market growth. Additionally, the healthcare sector's transition towards digitized record-keeping and patient identification systems is resulting in higher adoption rates of smart cards. Technological advancements, such as the introduction of biometric capabilities, are also boosting market demand as they offer enhanced security features. Lastly, the proliferation of the Internet of Things (IoT) and smart devices is creating new avenues for smart card applications, further driving market expansion.

Key Highlights of the Market

• The IC Card Smart Card market is expected to witness a steady CAGR of 8.5% from 2025-2035.
• Growing adoption of contactless payment methods significantly boosts market demand.
• Technological advancements such as biometric features enhance security and usability.
• The banking and finance sector holds a significant share of the market due to heightened security concerns.
• Asia Pacific is anticipated to be the fastest-growing region in the IC Card Smart Card market.

By Product Type

Contact IC Cards:

Contact IC cards are widely utilized in various applications due to their ability to provide secure data storage and processing capabilities. These cards require physical contact with a card reader to operate, which allows for a stable and secure connection. The banking and financial sectors primarily use contact IC cards for transactions, as they offer a high level of encryption and authentication. Although the growth rate for contact cards is slower compared to their contactless counterparts, they remain an essential component of the smart card ecosystem, especially in traditional point-of-sale systems. The reliability and proven track record of contact cards in face-to-face transactions continue to sustain their demand in various sectors.

Contactless IC Cards:

Contactless IC cards have gained immense popularity due to their convenience and speed of use. These cards utilize radio-frequency identification (RFID) technology, allowing users to complete transactions without the need for physical contact with a reader. This feature is particularly appealing in fast-paced environments such as public transportation and retail, where quick transactions are necessary. The contactless segment is experiencing rapid growth and is expected to dominate the market in the coming years, driven by the increasing consumer preference for touchless payment methods. The COVID-19 pandemic has further accelerated this trend, as many consumers are seeking to minimize physical contact during transactions, thereby enhancing the adoption of contactless IC cards.

Dual Interface IC Cards:

Dual interface IC cards combine the features of both contact and contactless cards, providing flexibility for users and service providers. These cards can be used in both traditional contact-based systems and modern contactless environments, making them an appealing option for various applications. The versatility of dual interface cards makes them particularly popular in the banking and finance sectors, where they can streamline transactions across multiple platforms. Additionally, as organizations seek to modernize their payment systems, the demand for dual interface IC cards is expected to increase, driving growth in this segment of the market. The ability to cater to diverse consumer preferences further enhances the appeal of dual interface IC cards.

Memory Cards:

Memory cards serve as a fundamental component in many electronic systems, providing data storage capabilities. These cards are primarily utilized in applications that require data logging and retrieval rather than secure payment functionalities, such as in healthcare and identification systems. While memory cards are essential for certain applications, their market presence is comparatively smaller in the smart card landscape, as they do not offer the same level of security features as contact or contactless IC cards. However, with the rise of IoT devices and smart applications, memory cards continue to find niche usage in areas where data storage is a priority rather than transactional applications.

CPU Cards:

CPU cards, also known as microcontroller-based smart cards, are equipped with a microprocessor and offer advanced functionalities, including secure transactions and enhanced data security features. These cards are particularly favored in environments requiring high levels of security, such as banking, government, and healthcare. Their ability to perform complex processing tasks on the card itself, rather than relying on external systems, makes them a critical component in the IC Card Smart Card market. As organizations increasingly prioritize security and data integrity, the demand for CPU cards is expected to grow significantly, contributing to the overall market expansion.

By Application

Banking and Finance:

The banking and finance application segment is one of the largest contributors to the IC Card Smart Card market. The need for secure payment methods and enhanced transaction safety has led financial institutions to adopt smart card technologies extensively. These cards help mitigate fraud risks and provide consumers with secure access to their accounts and personal information. As the global economy continues to embrace digital transactions, the banking sector's reliance on smart cards for credit and debit transactions, as well as for identity verification, is expected to grow. Furthermore, ongoing innovations, such as the integration of biometric authentication and EMV (Europay, MasterCard, and Visa) standards, are expected to further drive the adoption of smart cards in this sector.

Government and Transportation:

In the government and transportation sectors, smart cards play a pivotal role in streamlining operations and enhancing security protocols. Governments worldwide are increasingly deploying smart cards for identification purposes, including national ID cards, driver’s licenses, and social services. Similarly, transportation systems utilize smart cards for fare collection, access control, and passenger identification, significantly improving efficiency and convenience. With the growing need for secure and efficient public services, the adoption of smart cards in these sectors is anticipated to rise steadily. Investments in smart city initiatives also contribute to this growth as governments seek to leverage technology to improve urban mobility and service delivery.

Healthcare:

The healthcare industry is increasingly adopting smart card technology to enhance patient identification and streamline medical records management. Smart cards are utilized to store patient information securely, including medical history, medication records, and insurance details, ensuring easy access for healthcare providers while maintaining patient confidentiality. As healthcare systems move towards digitization, the demand for smart cards is projected to continue growing. The integration of smart card technology into electronic health records (EHR) systems and the implementation of precise patient identification mechanisms are pivotal in reducing administrative errors and improving patient care quality.

Retail:

In the retail sector, smart cards are primarily used for payment transactions and loyalty programs. Retailers utilize smart cards to enhance the shopping experience by providing customers with a convenient means of payment and rewards tracking. The shift towards cashless transactions has accelerated the adoption of smart card technology in retail, as consumers increasingly prefer secure and efficient payment methods. The incorporation of smart card technology into mobile wallets and point-of-sale systems is expected to further drive market growth in this segment, as retailers strive to provide innovative solutions that cater to changing consumer preferences.

Others:

In addition to the primary applications mentioned above, other sectors such as hospitality, education, and telecommunications are also adopting smart card technologies. In the hospitality sector, smart cards are used for secure access to hotel rooms and facilities, while in education, they serve as student ID cards, enabling access to campus services and maintaining attendance records. The telecommunications industry employs smart cards for subscriber identity module (SIM) cards, enhancing mobile communication security. As various sectors recognize the benefits of smart card technologies, the diversification of applications is expected to contribute to the overall growth of the IC Card Smart Card market.

By Distribution Channel

Online Stores:

Online stores have emerged as a significant distribution channel for IC Card Smart Cards, driven by the convenience and accessibility they offer to consumers. The rise of e-commerce platforms has made it easier for customers to purchase smart cards and related services from the comfort of their homes. Online retailers often provide competitive pricing, detailed product information, and customer reviews, enhancing the buying experience for consumers. Moreover, the ongoing trend towards digital transactions has prompted many individuals to seek out smart card solutions online, further bolstering this distribution channel’s market share. As consumers increasingly rely on digital shopping avenues, the online distribution channel for IC Card Smart Cards is expected to witness continued growth.

Supermarkets/Hypermarkets:

Supermarkets and hypermarkets remain a traditional and reliable distribution channel for IC Card Smart Cards, attracting consumers who prefer to make in-person purchases. These retail settings often stock a variety of smart card options, catering to the diverse needs of customers. The ability to physically examine products before purchasing is a significant advantage for consumers, making supermarkets an attractive option for smart card shopping. Additionally, promotional campaigns, bundled offers, and loyalty programs often implemented in these retail environments can further incentivize consumers to choose supermarkets for their smart card purchases. As consumer preferences evolve, the role of supermarkets and hypermarkets in distributing smart cards is expected to persist.

Specialty Stores:

Specialty stores focus on niche markets by providing a curated selection of IC Card Smart Cards catering to specific consumer needs. These stores often offer expert knowledge and personalized service, allowing customers to receive tailored recommendations based on their specific requirements. Specialty stores may include electronics stores, security solution providers, or dedicated smart card retailers. By focusing on quality and expertise, these retailers can build customer loyalty and cater to particular market segments. While specialty stores represent a smaller fraction of the distribution landscape, they are essential for consumers seeking specialized smart card solutions and services.

Others:

Other distribution channels include direct sales through manufacturers and partnerships with service providers, like banks or healthcare organizations. These channels allow consumers to acquire smart cards tailored specifically for their applications, such as banking products or health insurance cards. Through direct sales, manufacturers can offer customized solutions based on the client's requirements, enhancing customer satisfaction. As organizations recognize the importance of secure identification and payment methods, direct sales are likely to play an increasingly pivotal role in the distribution of IC Card Smart Cards.

By Technology

Smart Card:

Smart card technology has revolutionized the way individuals and organizations manage secure transactions and data storage. Equipped with microprocessors, smart cards enable secure data processing and offer advanced encryption capabilities, making them suitable for various applications, including banking, healthcare, and access control. The ability to perform complex transactions on the card itself enhances security and efficiency, contributing to the growing demand for this technology. As industries continue to prioritize data security and user authentication, the smart card segment is expected to dominate the IC Card Smart Card market, driving innovation and adoption across multiple sectors.

Magnetic Stripe Card:

Magnetic stripe cards have been a long-standing technology in the smart card market, primarily used in payment transactions and identification systems. These cards store data in a magnetic stripe, which can be read by card readers. While magnetic stripe cards offer convenience, they are less secure than their smart card counterparts, making them vulnerable to fraud and data breaches. As a result, the market for magnetic stripe cards is gradually declining as consumers and organizations shift towards more secure solutions. However, their established presence in various industries ensures that they continue to play a role in the overall smart card ecosystem.

Barcode Card:

Barcode cards utilize printed barcodes or QR codes to store and communicate information, making them simple and cost-effective solutions for various applications. These cards are commonly used in loyalty programs, membership cards, and event tickets, allowing for easy scanning and information retrieval. While barcode technology is less advanced than smart cards, its low cost and ease of implementation make it a viable option for specific sectors. As industries seek efficient ways to manage customer interactions and streamline operations, barcode cards continue to find niche applications, even as more secure technologies gain traction in the market.

Biometric Card:

Biometric cards represent an innovative advancement in the IC Card Smart Card market, incorporating biometric authentication features such as fingerprint scanners or facial recognition systems. These cards provide an enhanced level of security by ensuring that only authorized users can access sensitive information or conduct transactions. The growing emphasis on data privacy and protection against identity theft has driven interest in biometric cards across various sectors, including banking, healthcare, and government applications. As technology continues to evolve and become more sophisticated, the adoption of biometric cards is expected to increase, offering users both convenience and enhanced security.

Others:

Other technologies in the IC Card Smart Card market include hybrid cards that combine multiple technologies, such as smart card and magnetic stripe features, and various proprietary technologies developed by specific manufacturers. These innovations aim to cater to specialized applications and enhance overall functionality. As the demand for secure, efficient, and versatile payment systems continues to rise, technology providers are likely to invest in developing new and innovative solutions to meet consumer needs. The emergence of new technologies will play a vital role in shaping the future landscape of the IC Card Smart Card market.

By Region

The IC Card Smart Card market is witnessing significant regional growth, with Asia Pacific anticipated to emerge as the fastest-growing region during the forecast period. The increasing adoption of digital payment systems, coupled with government initiatives aimed at promoting cashless transactions, is driving demand for smart cards in countries like China, India, and Japan. The Asia Pacific market is projected to grow at a CAGR of approximately 10.5%, reflecting a robust commitment to integrating advanced payment solutions across various sectors, from banking to transportation. Additionally, the growing population and rising disposable incomes in this region are further propelling the demand for secure transaction methods.

North America holds a substantial share of the IC Card Smart Card market, largely driven by the mature banking and finance sector. The United States and Canada are leading adopters of smart card technology, with financial institutions striving to enhance security measures in the face of growing cyber threats. The market in North America is projected to grow at a CAGR of around 7.5%, supported by the increasing integration of smart card solutions in government and healthcare applications. Meanwhile, Europe is also expected to experience notable growth, driven by advancements in smart card technology and the rising emphasis on data protection and customer authentication in various industries.

Opportunities

The IC Card Smart Card market presents various opportunities for businesses and stakeholders, particularly as digital transformation accelerates across industries. One of the primary opportunities lies in expanding smart card applications beyond traditional sectors. Industries such as transportation, loyalty programs, and access management are increasingly recognizing the value of smart card technology for improving operational efficiency and user experience. Furthermore, as the world shifts towards smart cities, the demand for integrated solutions that incorporate smart cards into urban infrastructure is expected to rise. This creates avenues for innovation and collaboration among technology providers, governments, and private enterprises, paving the way for a more sophisticated smart card ecosystem.

Moreover, the growing emphasis on security and data protection presents a significant opportunity for companies in the IC Card Smart Card market. With increasing incidences of identity theft and data breaches, consumers and organizations are actively seeking robust security solutions. Biometric cards and advanced encryption technologies are gaining traction as consumers demand heightened security features for their transactions. Companies that invest in research and development to create cutting-edge solutions that address these security challenges will likely find a competitive edge in the market. As security concerns grow, so too does the opportunity for innovation and growth in the IC Card Smart Card sector.

Threats

One of the principal threats facing the IC Card Smart Card market is the potential for cyberattacks and data breaches. As smart cards become more prevalent, they also become attractive targets for cybercriminals seeking to exploit vulnerabilities in payment systems and data protection protocols. A significant breach can severely undermine consumer trust in smart card technology, leading to reduced adoption rates and stagnation in market growth. Moreover, the rapid evolution of technology means that new types of threats may emerge, requiring constant vigilance and adaptation from companies operating in this space. As a result, stakeholders must prioritize cybersecurity measures and invest in robust protective infrastructures to safeguard their products and maintain consumer confidence.

Another significant restraining factor in the IC Card Smart Card market is the high initial cost of implementation and maintenance. Businesses, particularly small and medium-sized enterprises, may find it challenging to invest in advanced smart card technologies, as they often require substantial capital for infrastructure development, training, and system integration. This financial barrier may hinder the widespread adoption of smart card solutions across various sectors. Additionally, the lack of awareness regarding the benefits and functionalities of smart cards among certain demographics can stifle growth. Educating potential users about the advantages of smart cards and demonstrating their value in enhancing security and operational efficiency will be crucial for overcoming these barriers.

Competitor Outlook

• Gemalto N.V. (Thales Group)
• Visa Inc.
• Mastercard Incorporated
• American Express Company
• Infineon Technologies AG
• NXP Semiconductors N.V.
• IDENTIV, Inc.
• STMicroelectronics N.V.
• CardLogix Corporation
• HID Global Corporation
• Atmel Corporation (Microchip Technology Inc.)
• Watchdata Technologies Ltd.
• Oberthur Technologies (OT)
• Giesecke+Devrient GmbH
• Card Corporation

The IC Card Smart Card market is characterized by a competitive landscape featuring numerous players vying for market share. The major companies operate in various segments of the market, including banking, government, and healthcare applications. These companies are focused on innovation and research and development to enhance their product offerings and address the evolving needs of consumers. Key players are also forming strategic partnerships and collaborations to expand their market reach and enhance operational efficiencies. The competitive dynamics in the market encourage continuous improvement in technology and service delivery, ultimately benefiting end-users.

Gemalto N.V., now a part of Thales Group, is a prominent player in the IC Card Smart Card market, renowned for its cutting-edge security solutions. The company specializes in smart card manufacturing for various applications, including payment, identity, and access control. With a strong focus on innovation, Gemalto invests heavily in research and development to deliver advanced solutions that meet the demands of an ever-evolving digital landscape. Their comprehensive product portfolio and commitment to security make them a significant player in the smart card industry.

Another major company, Visa Inc., is a leader in electronic payment solutions and has integrated smart card technologies into its offerings. By providing secure transaction mechanisms and enhancing consumer trust, Visa continues to dominate the market. Its wide-ranging partnerships with financial institutions further solidify its position as a key player in the IC Card Smart Card ecosystem. Moreover, Mastercard Incorporated is another influential entity, continually innovating its smart card solutions to cater to the growing demand for secure payments globally. Both Visa and Mastercard play vital roles in driving the adoption of smart card technologies in the financial sector.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Visa Inc.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 IDENTIV, Inc.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Card Corporation
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 CardLogix Corporation
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Giesecke+Devrient GmbH
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 HID Global Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Mastercard Incorporated
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 NXP Semiconductors N.V.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 STMicroelectronics N.V.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 American Express Company
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Infineon Technologies AG
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Oberthur Technologies (OT)
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Gemalto N.V. (Thales Group)
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Watchdata Technologies Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Atmel Corporation (Microchip Technology Inc.)
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 IC Card Smart Card Market, By Technology
    • 6.1.1 Smart Card
    • 6.1.2 Magnetic Stripe Card
    • 6.1.3 Barcode Card
    • 6.1.4 Biometric Card
    • 6.1.5 Others
  • 6.2 IC Card Smart Card Market, By Application
    • 6.2.1 Banking and Finance
    • 6.2.2 Government and Transportation
    • 6.2.3 Healthcare
    • 6.2.4 Retail
    • 6.2.5 Others
  • 6.3 IC Card Smart Card Market, By Product Type
    • 6.3.1 Contact IC Cards
    • 6.3.2 Contactless IC Cards
    • 6.3.3 Dual Interface IC Cards
    • 6.3.4 Memory Cards
    • 6.3.5 CPU Cards
  • 6.4 IC Card Smart Card Market, By Distribution Channel
    • 6.4.1 Online Stores
    • 6.4.2 Supermarkets/Hypermarkets
    • 6.4.3 Specialty Stores
    • 6.4.4 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 IC Card Smart Card Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global IC Card Smart Card market is categorized based on

By Product Type

• Contact IC Cards
• Contactless IC Cards
• Dual Interface IC Cards
• Memory Cards
• CPU Cards

By Application

• Banking and Finance
• Government and Transportation
• Healthcare
• Retail
• Others

By Distribution Channel

• Online Stores
• Supermarkets/Hypermarkets
• Specialty Stores
• Others

By Technology

• Smart Card
• Magnetic Stripe Card
• Barcode Card
• Biometric Card
• Others

By Region

• Asia Pacific
• North America
• Latin America
• Europe
• Middle East & Africa

Key Players

• Gemalto N.V. (Thales Group)
• Visa Inc.
• Mastercard Incorporated
• American Express Company
• Infineon Technologies AG
• NXP Semiconductors N.V.
• IDENTIV, Inc.
• STMicroelectronics N.V.
• CardLogix Corporation
• HID Global Corporation
• Atmel Corporation (Microchip Technology Inc.)
• Watchdata Technologies Ltd.
• Oberthur Technologies (OT)
• Giesecke+Devrient GmbH
• Card Corporation