市場調査レポート
商品コード
1181091
デュアルインターフェース決済カードの世界市場 (2019-2029年):タイプ・エンドユーザー・地域別の市場規模・シェア・動向分析・機会・予測Dual Interface Payment Card Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019-2029, Segmented By Type ; By End Use ; By Region |
デュアルインターフェース決済カードの世界市場 (2019-2029年):タイプ・エンドユーザー・地域別の市場規模・シェア・動向分析・機会・予測 |
出版日: 2022年12月26日
発行: Blueweave Consulting
ページ情報: 英文 200 Pages
納期: 2~3営業日
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世界のデュアルインターフェース決済カードの市場規模は、2022年の68億7,000万米ドルから、予測期間中は18.1%のCAGRで推移し、2029年には214億3,000万米ドルの規模に成長すると予測されています。
銀行、ハイブリッドICカードメーカー、デュアルインターフェースカードメーカー間の戦略的提携によるサービスおよび顧客体験の向上、銀行における生体認証ベースのデュアルインターフェース決済カードに対する需要の増加、カードの長寿命化などの要因が同市場の成長を推進しています。
当レポートでは、世界のデュアルインターフェース決済カードの市場を調査し、市場概要、市場成長への各種影響因子の分析、技術動向、法規制環境、市場規模の推移・予測、各種区分・地域/主要国別の内訳、競合環境、主要企業のプロファイルなどをまとめています。
Global Dual Interface Payment Card Market Size More Than Triples to Cross USD 21.4 Billion by 2029
Global dual interface payment card market is flourishing because of increasing bank demand for biometric-based dual interface payment cards, improvements in card longevity, and growing collaborations to offer contactless credit cards aimed exclusively at small businesses.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated global dual interface payment card market size at USD 6.87 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects global dual interface payment card market size to grow at a significant CAGR of 18.1% reaching a value of USD 21.43 billion by 2029. Major factors for the expansion of global dual interface payment card market include increasing strategic alliances between banks, hybrid smart card manufacturers, and dual interface card manufacturers to improve service and customer experience as well as increasing demand for biometric-based dual interface payment card among banks, and enhancements in the longevity of the cards. Increasing venture capital investments in companies supplying dual interface cards for payment is expected to give new prospects for market growth. Furthermore, the inclusion of several technologies, such as Near Field Communication (NFC) and Radio Frequency Identification (RFID), onto dual interface cards has allowed users to execute contactless payments in a seamless manner. Therefore, all these factors are expected to boost the expansion of global dual interface payment card market during the forecast period. However, rise in the security concern among individuals and emergence of mobile wallets impacting for smart cards are anticipated to hamper the growth of global dual interface payment card market.
Global Dual Interface Payment Card Market - Overview
Customers benefit from the versatility of dual interface payment cards, as they can use them to conduct contact or contactless payments. As a result, consumers worldwide are gravitating toward dual interface payment cards. Users favor dual interface cards, as they allow for faster payment processing and shorter checkout lines. Furthermore, smart cards provide advantages such as increased card longevity and fraud protection using more dependable and secure tap-to-pay technology.
Challenge: Data security and privacy concerns
One of the challenges impeding the industry's growth is the growing concern for payment security because of the contactless payment mechanism in the dual interface card. In addition, the increasing demand for hardware updates at point-of-sale terminals to handle such payment technology is anticipated to stymie market growth. Another aspect that is anticipated to limit the expansion is the high cost of producing the dual interface card. However, such obstacles can be overcome by developing technology and making the manufacturing process more efficient.
Impact of COVID-19 on Global Dual Interface Payment Card Market
COVID-19 pandemic had a key contribution to the growth of the dual interface payment card market. During the COVID-19 pandemic, the stringent lockdown measures for social distance increased the adoption of contactless payments across the world. According to Visa data, tap-to-pay and other contactless payment methods were chosen by nearly 60% of Visa transactions outside the US in May 2020. As a result of the growing acceptance of contactless payments, the dual interface payment cards market has gained new growth potential.
Global Dual Interface Payment Card Market - By End Use
Based on end use, global dual interface payment card market is segmented into Retail, Transportation, Healthcare, and Hospitality industries. The retail segment held the highest market share. Several merchants around the world are implementing tap-and-go payment technology to streamline their operations and improve the consumer experience. Followed by transportation segment is expected to dominate the market during period in analysis. The increased preference for contactless transportation payment solutions in smart cities is expected to boost category expansion. Furthermore, contactless payment transactions have increased in the transportation business when compared to cash payments due to variables such as accessibility and convenience.
Competitive Landscape
Major players operating in global dual interface payment card market include Thales Group, IDEMI, VALID, Giesecke+Devrient GmbH, Eastcompeace Technology Co., Ltd., DATANG, Paragon Group Limited, CPI Card Group Inc., Watchdata Co., Ltd., Wuhan Tianyu, Infineon Technologies AG, Ingenico Group, and Inteligensa Group. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Dual Interface Payment Card Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Dual Interface Payment Card Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
*Financial information in case of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable