Released on: July 1, 2008, 3:35 am

Press Release Author: Shushmul Maheshwari

Industry: Electronics

Press Release Summary: RNCOS has recently added a new Market Research Report titled,
\"Global Smart Card Market Outlook\" to its report gallery. This report will help the
client to analyze the leading-edge opportunities critical to the success of the
smart card industry and the associated aspects of this industry.

Press Release Body: RNCOS has recently added a new Market Research Report titled,
\"Global Smart Card Market Outlook\" to its report gallery. The report focuses on the
growing marketplace for smart cards at global as well as country level. It
thoroughly investigates the current market trends, evolving markets, and growth
prospects for the smart card industry.

This report will help the client to analyze the leading-edge opportunities critical
to the success of the smart card industry as it contains detailed data on the global
as well as country-specific smart card markets by value, shipments, and application.
It helps the client to understand the forces driving the industry and the future
avenues.

The countries covered in the report are decided on the basis of existing
opportunities that could lead to the growth for smart cards. The report forecasts
the future of the industry not on the basis of a complex economic model; rather, it
is intended as a guide to the direction in which the industry is likely to move.

Key Findings

- From application perspective, telecom sector (particularly 3G) dominates the smart
card use, while from growth perspective, transport sector remains the most dynamic
sector. Asia-Pacific is expected to be the most promising area.
- Future of the smart card market depends, to a large extent, on its compatibility
with existing systems. The smooth integration of smart cards with the existing
legacy systems makes it a cost effective and strong security tool, which will fuel
growth.
- Strengthened by the technological developments, the global smart card shipment is
estimated to have grown nearly 20% in 2007.
- Although security concerns are key driver for the adoption of smart card
technology, the security provided by smart card systems is not foolproof, so it
works as barrier in the growth of smart card industry.

Key Issues & Facts Analyzed

- What are the trends in the global smart card market with respect to shipments and
various application sectors, such as Banking, Telecom etc?
- What is the status of smart card industry at country level?
- What are the driving forces for the smart card industry?
- What are the challenges for smart card industry?
- What are the future opportunities for the industry?

Research Methodology Used

Information Sources
The information has been sourced from authentic and reliable sources like books,
newspapers, trade journals and white papers, industry portals, government agencies,
trade associations, monitoring industry news and developments, and access to more
than 3000 paid databases.

Analysis Method
Methods like ratio analysis, historical trend analysis, linear regression analysis
using software tools, judgmental forecasting, and cause and effect analysis have
been used in the report for rational analysis.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://rncos.com/Report/IM599.htm
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