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  • EMV Cards Consumption Industry Trends, Share, Analysis and Forecast for Global Industry 2018-2025

    (I-SoftwareNews.Com, March 15, 2018 ) EMV stands for Europay, MasterCard and Visa offering a higher level of data security. EMV is the leading scheme for debit and credit cards payments as well as for cash withdrawals at ATMs. EMV has shown a tremendous success in preventing frauds. EMV is an open-standard set for credit & debit cards integrated with computer chips. It is mainly used for authenticating chip-card transactions. EMV chip cards comprises of embedded microprocessors in plastic cards or mobile phones helps in providing strong transaction security features and other application capabilities. The technology provides an additional forms of card authentication for transaction. EMV (Europay, MasterCard and Visa) includes some of the benefits such as safer transaction, support contact, contactless and mobile transaction type, EMV system can operates in offline mode, guaranteed authentication, better information storage and easy acceptance abilities.

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    One of the major driving factor fueling the growth of EMV card consumption is demand for safer & secure transaction, all retail stores, restaurants, and travel booking mobile apps due to their safety aspects and EMV stores their information in microprocessor smart chips and are encrypted to protect that data. In addition to this there are several other factors surging the growth of EMV card consumption are rising concern regarding numerous data breach cases on large scale, consumer opting for plastic money for transactions on smartphones and tablets and growing e-commerce sales and mobile point-of-sale system shipments results in demand for EMV cards. However, the factor hindering the growth of EMV card consumption is higher cost. The authentication and access management is expected boost the market over the forecasted period.

    EMV card consumption market is segmented on the basis of types which further includes contact based EMV and contactless EMV. The market is segmented into major regions that include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). The major countries included are considered in the scope of the study such as U.S, Canada, Mexico, France, Germany, Italy, Spain, UK, China, Japan, India, Australia, South Arabia, UAE, South Africa and Brazil

    The objectives of this report are as follows:
    -To provide overview of the global EMV Cards Consumption market
    -To analyze and forecast the global EMV Cards Consumption market on the basis of product type
    -To provide market size and forecast till 2025 for overall EMV Cards Consumption market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries
    -To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
    -To provide exhaustive PEST analysis for all five regions
    -To profiles key EMV Cards Consumption players influencing the market along with their SWOT analysis and market strategies

    EMV Cards Consumption Market Players:
    1. Cardzgroup
    2. ABnote
    3. Gemalto
    4. CPI Card
    5. Giesecke & Devrient
    6. Oberthur Technologies
    7. Perfect Plastic Printing
    8. Versatile Card Technology

    View Complete Report at http://www.theinsightpartners.com/reports/emv-cards-consumption-market

    About The Insight Partners:
    The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

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    Source: EmailWire.Com

    Source: EmailWire.com

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