Lucintel Forecasts the Global IC Card Reader Market is expected to grow with a CAGR of 12.3% from 2024 to 2030
Lucintel Forecasts the Global IC Card Reader Market is expected to grow with a CAGR of 12.3% from 2024 to 2030
Blog Article
According to a market report by Lucintel, the future of the global IC Card reader market looks promising with opportunities in the bank and shopping store markets. The global IC Card reader market is expected to grow with a CAGR of 12.3% from 2024 to 2030. The major drivers for this market are increasing demand for affordable and portable devices and growing usage of mobile card readers.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in IC Card reader market to 2030 by type (contact and contactless), application (bank, shopping store, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that contactless will remain the larger segment over the forecast period due to accelerated transactions, heightened security measures, enhanced hygiene standards, and broader compatibility with mobile payment systems.
Within this market, shopping store will remain the larger segment.
Download sample by clicking on IC Card reader market
North America is expected to witness highest growth over the forecast period due to the strong presence and penetration of key market players.
ACS, Singular Technology, Smart Tech Production, Axis Communications, Creator Tech, Nidec Sankyo, Fongwah Technology, Youcard, Fujifilm, and CSM Smart Tech are the major suppliers in the IC Card reader market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cast visit Lucintel’sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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