Deep Insight into the Indian Smart Card Market

NAVI MUMBAI, India - May 4, 2013 - PRLog -- In technology terms, smart cards resemble similar to “dumb” magnetic stripe cards, but with one major difference: embedded in them is a computer chip, either to process data held on the card, or to act as an access key to data that is held remotely. Smart cards are more secure than simple plastic or magnetic stripe cards and are more versatile, being able to store more data and operate multiple applications.

 Till recently, the telecom sector has been the only prominent user of smart cards in the country. The picture is now undergoing a radical change. Driven by a number of public and private initiatives, the use of smart cards is getting more and more diversified. During 2013-2018, we expect smart cards to further percolate into a number of other sectors such as credit/debit cards, financial inclusion, public distribution, healthcare, identity management, transportation, etc. The versatile application of smart cards can be further validated from the fact that the telecom sector, which represented the biggest application sector in 2012, accounted for more than 70% of the total market volumes. In contrast, the National Population Register, which is expected to represent the biggest application segment in 2018, is expected to account for less than 31% of the total market volumes by 2018.

 “Smart Card Industry in India: SIM, Identity, Banking, Transport, Healthcare, Pay TV, Loyalty & PDS” gives a deep insight into the Indian smart cards market (http://www.bharatbook.com). The research study serves as an analytical as well as a statistical tool to understand not only the market trends, structure, drivers and restraints but also the outlook of the market till 2018. This report aims to serve as an excellent guide for investors, researchers, consultants, marketing strategists, and all those who are planning to foray into the Indian smart cards market in some form or the other.

 What We Have Achieved in this Report

 • Comprehensive situation analysis of the Indian smart cards market and its dynamics.
 • Identifying all application segments/sub-segments and quantifying their current and future market potential.
 • Providing a robust long range value and volume forecast for all segments and sub-segments.
 • Providing an understanding of key drivers and restraints and their impact on current and future market scenario.

 Smart Card Application Segments and Sub-segments Covered in this Report

 • Telecommunication
 • National Population Register Project
 • Public Distribution System
 • Pay TV
 • Loyalty Cards
 • Financial Services
 • Credit / Debit Cards
 • Financial Inclusion
 • PAN Cards
 • Travel Identity
 • Driving License
 • Vehicle Registration Certificates
 • E-Passports
 • Automated Fare Collection
 • Metro Rail Projects
 • Bus Projects
 • Indian Railways
 • Healthcare
 • Rashtriya Swasthya Bima Yojna
 • Other Healthcare Applications

 For more information kindly visit :  http://www.bharatbook.com/information-technology-market-research-reports/smart-card-industry-in-india-sim-identity-banking-transport-healthcare-pay-tv-loyalty-pds.html          

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