Payment Cards

Smart Cards, EMV, and Contactless/Dual-interface Penetration into Mag-stripe

Research Report

The banking population across the world is increasing year by year. Over the next six years ABI Research expects the payment card installed base to increase by approximately 43%. Alongside an increasing banking population is the growing demand for smart payment cards and heightened security that comes in the form of the EMV (Europay, MasterCard, Visa) standard. Each year EMV migration grows, with more countries seeing the benefits that others have already experienced. Primarily adopted as a means of reducing fraud, the standard could one day become the first global "transparent" payment method.

This study addresses all the market and technical drivers and inhibitors affecting the payment card market. Examining smart-cards, EMV migration and traditional mag-stripe technology, this study provides ABI Research's view of the most likely future market changes and developments. The report is accompanied by installed base and shipment data segmented by product type and IC interface for all regions and countries which have shown increased activity in the market place.

Table of Contents

  • Top Line Forecast
  • Drivers
  • Inhibitors
  • Market Share
  • Market Share
  • Summary and Strategic Recommendations
  • 1. EXECUTIVE SUMMARY
    • 1.1. China and the United States
    • 1.2. EMV
    • 1.3. Pre-paid Card Market
    • 1.4. Contactless Payment Market
    • 1.5. Dual Interface Shipments
    • 1.6. Future Opportunities for Smart card and IC Vendors
  • 2. MARKET ISSUES
    • 2.1. Definitions
    • 2.2. Open and Closed Loop Payment Schemes
    • 2.3. ATM Card
    • 2.4. Credit Card
    • 2.5. Debit Card
    • 2.6. Prepaid Card
    • 2.7. Mag-Stripe
    • 2.8. Smart Card Installed Base
    • 2.9. Mag-Stripe Installed Base
    • 2.10. Contact Interface
    • 2.11. Contactless Interface
    • 2.12. Dual Interface
    • 2.13. Payment and Banking Cards
    • 2.14. Market Issues
    • 2.15. Interchange Fees
    • 2.16. EMV
    • 2.17. The Traveling Population and Shift in Liability
    • 2.18. EMV Migration Costs
    • 2.19. China Union Pay
    • 2.20. New Third Party Companies Start Offering Payment Card or Mobile Solutions
    • 2.21. SEPA
    • 2.22. Additional Drivers to EMV Adoption
    • 2.23. Creating Banking Solutions to the Unbanked Population
    • 2.24. Banking Environment
  • 3. TECHNOLOGY ISSUE
    • 3.1. Not Just a Payment Card
    • 3.2. Mag-Stripe Technology (Its Days Are Numbered)
    • 3.3. Contactless Technology
    • 3.4. Not Just a Payment Card
    • 3.5. The Introduction of NFC
    • 3.6. SDA, DDA, and CDA
    • 3.7. Java vs. Native
    • 3.8. PCI-DSS
    • 3.9. Online Payment Security and Authentication
    • 3.10. Incorporating Biometrics
  • 4. KEY INDUSTRY PLAYERS
    • 4.1. Smart Card Market Share
    • 4.2. Revenues
    • 4.3. IC Market Share
    • 4.4. American Express
    • 4.5. ABNote
    • 4.6. Bell ID
    • 4.7. Commidea
    • 4.8. CUP (China Union Pay)
    • 4.9. Datacard
    • 4.10. Eastcompeace
    • 4.11. Foregenix
    • 4.12. Gemalto
    • 4.13. Giesecke & Devrient
    • 4.14. Hypercom
    • 4.15. Infineon
    • 4.16. Ingenico
    • 4.17. Inside Secure
    • 4.18. Japan Credit Bureau (JCB)
    • 4.19. KSW Microtec
    • 4.20. MasterCard
    • 4.21. Morpho
    • 4.22. NXP
    • 4.23. Oberthur Technologies
    • 4.24. OTI (On Track Innovations)
    • 4.25. Renesas Electronics
    • 4.26. ST Incard
    • 4.27. Tr??b AG
    • 4.28. Verifone
    • 4.29. Visa, Inc.
    • 4.30. Watchdata
  • 5. MARKET FORECASTS
    • 5.1. Scope of Market Forecasts
    • 5.2. Market Forecast Methodology Overview
    • 5.3. Payment Card Forecasting Methodology
    • 5.4. Worldwide Summary
    • 5.5. Americas Summary
    • 5.6. Argentina Summary
    • 5.7. Brazil Summary
    • 5.8. Canada Summary
    • 5.9. Columbia Summary
    • 5.10. Mexico Summary
    • 5.11. US Summary
    • 5.12. Rest of Americas Summary
    • 5.13. Asia-Pacific Summary
    • 5.14. Australia Summary
    • 5.15. China Summary
    • 5.16. India Summary
    • 5.17. Japan Summary
    • 5.18. Malaysia Summary
    • 5.19. Philippines Summary
    • 5.20. South Korea Summary
    • 5.21. Thailand Summary
    • 5.22. Vietnam Summary
    • 5.23. Rest of Asia-Pacific Summary
    • 5.24. Europe Summary
    • 5.25. France Summary
    • 5.26. Germany Summary
    • 5.27. Italy Summary
    • 5.28. Poland Summary
    • 5.29. Russia Summary
    • 5.30. Spain Summary
    • 5.31. Turkey Summary
    • 5.32. UK Summary
    • 5.33. Rest of Europe Summary
    • 5.34. Middle East/Africa Summary
    • 5.35. Egypt Summary
    • 5.36. Iran Summary
    • 5.37. Saudi Arabia Summary
    • 5.38. South Africa Summary
    • 5.39. Rest of Middle East/Africa Summary
  • 6. COMPANY DIRECTORY
  • 7. ACRONYMS
    • 7.1. Scope of Study
    • 7.2. Sources and Methodology
    • 7.3. Notes

Tables

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  1. Payment Cards in Circulation by Type and Application, World Market, Forecast: 2010 to 2016
  2. Shipments of Cards by Type and Application, World Market, Forecast: 2010 to 2016
  3. Shipments of Smart Cards by Interface, World Market, Forecast: 2010 to 2016
  4. Shipments of Smart Cards by OS, World Market, Forecast: 2010 to 2016
  5. ASP and IC Revenues, World Market, Forecast: 2010 to 2016
  6. Payment Cards in Circulation by Type and Application, Americas Market, Forecast: 2010 to 2016
  7. Shipments of Cards by Type and Application, Americas Market, Forecast: 2010 to 2016
  8. Shipments of Smart Cards by Interface, Americas Market, Forecast: 2010 to 2016
  9. ASP and IC Revenues, Americas Market, Forecast: 2010 to 2016
  10. Payment Cards in Circulation by Type and Application, Argentina Market, Forecast: 2010 to 2016
  11. Shipments of Cards by Type and Application, Argentina Market, Forecast: 2010 to 2016
  12. Shipments of Smart Cards by Interface, Argentina Market, Forecast: 2010 to 2016
  13. Payment Cards in Circulation by Type and Application, Brazil Market, Forecast: 2010 to 2016
  14. Shipments of Cards by Type and Application, Brazil Market, Forecast: 2010 to 2016
  15. Shipments of Smart Cards by Interface, Brazil Market, Forecast: 2010 to 2016
  16. Payment Cards in Circulation by Type and Application, Canada Market, Forecast: 2010 to 2016
  17. Shipments of Cards by Type and Application, Canada Market, Forecast: 2010 to 2016
  18. Shipments of Smart Cards by Interface, Canada Market, Forecast: 2010 to 2016
  19. Payment Cards in Circulation by Type and Application, Columbia Market, Forecast: 2010 to 2016
  20. Shipments of Cards by Type and Application, Columbia Market, Forecast: 2010 to 2016
  21. Shipments of Smart Cards by Interface, Columbia Market, Forecast: 2010 to 2016
  22. Payment Cards in Circulation by Type and Application, Mexico Market, Forecast: 2010 to 2016
  23. Shipments of Cards by Type and Application, Mexico Market, Forecast: 2010 to 2016
  24. Shipments of Smart Cards by Interface, Mexico Market, Forecast: 2010 to 2016
  25. Payment Cards in Circulation by Type and Application, US Market, Forecast: 2010 to 2016
  26. Shipments of Cards by Type and Application, US Market, Forecast: 2010 to 2016
  27. Shipments of Smart Cards by Interface, US Market, Forecast: 2010 to 2016
  28. Payment Cards in Circulation by Type and Application, Rest of Americas Market, Forecast: 2010 to 2016
  29. Shipments of Cards by Type and Application, Rest of Americas Market, Forecast: 2010 to 2016
  30. Shipments of Smart Cards by Interface, Rest of Americas Market, Forecast: 2010 to 2016
  31. Payment Cards in Circulation by Type and Application, Asia Market, Forecast: 2010 to 2016
  32. Shipments of Cards by Type and Application, Asia Market, Forecast: 2010 to 2016
  33. Shipments of Smart Cards by Interface, Asia Market, Forecast: 2010 to 2016
  34. ASP and IC Revenues, Asia Market, Forecast: 2010 to 2016
  35. Payment Cards in Circulation by Type and Application, Australia Market, Forecast: 2010 to 2016
  36. Shipments of Cards by Type and Application, Australia Market, Forecast: 2010 to 2016
  37. Shipments of Smart Cards by Interface, Australia Market, Forecast: 2010 to 2016
  38. Payment Cards in Circulation by Type and Application, China Market, Forecast: 2010 to 2016
  39. Shipments of Cards by Type and Application, China Market, Forecast: 2010 to 2016
  40. Shipments of Smart Cards by Interface, China Market, Forecast: 2010 to 2016
  41. Payment Cards in Circulation by Type and Application, India Market, Forecast: 2010 to 2016
  42. Shipments of Cards by Type and Application, India Market, Forecast: 2010 to 2016
  43. Shipments of Smart Cards by Interface, India Market, Forecast: 2010 to 2016
  44. Payment Cards in Circulation by Type and Application, Japan Market, Forecast: 2010 to 2016
  45. Shipments of Cards by Type and Application, Japan Market, Forecast: 2010 to 2016
  46. Shipments of Smart Cards by Interface, Japan Market, Forecast: 2010 to 2016
  47. Payment Cards in Circulation by Type and Application, Malaysia Market, Forecast: 2010 to 2016
  48. Shipments of Cards by Type and Application, Malaysia Market, Forecast: 2010 to 2016
  49. Shipments of Smart Cards by Interface, Malaysia Market, Forecast: 2010 to 2016
  50. Payment Cards in Circulation by Type and Application, Philippines Market, Forecast: 2010 to 2016
  51. Shipments of Cards by Type and Application, Philippines Market, Forecast: 2010 to 2016
  52. Shipments of Smart Cards by Interface, Philippines Market, Forecast: 2010 to 2016
  53. Payment Cards in Circulation by Type and Application, South Korea Market, Forecast: 2010 to 2016
  54. Shipments of Cards by Type and Application, South Korea Market, Forecast: 2010 to 2016
  55. Shipments of Smart Cards by Interface, South Korea Market, Forecast: 2010 to 2016
  56. Payment Cards in Circulation by Type and Application, Thailand Market, Forecast: 2010 to 2016
  57. Shipments of Cards by Type and Application, Thailand Market, Forecast: 2010 to 2016
  58. Shipments of Smart Cards by Interface, Thailand Market, Forecast: 2010 to 2016
  59. Payment Cards in Circulation by Type and Application, Vietnam Market, Forecast: 2010 to 2016
  60. Shipments of Cards by Type and Application, Vietnam Market, Forecast: 2010 to 2016
  61. Shipments of Smart Cards by Interface, Vietnam Market, Forecast: 2010 to 2016
  62. Payment Cards in Circulation by Type and Application, Rest of Asia Market, Forecast: 2010 to 2016
  63. Shipments of Cards by Type and Application, Rest of Asia Market, Forecast: 2010 to 2016
  64. Shipments of Smart Cards by Interface, Rest of Asia Market, Forecast: 2010 to 2016
  65. Payment Cards in Circulation by Type and Application, Europe Market, Forecast: 2010 to 2016
  66. Shipments of Cards by Type and Application, Europe Market, Forecast: 2010 to 2016
  67. Shipments of Smart Cards by Interface, Europe Market, Forecast: 2010 to 2016
  68. ASP and IC Revenues, Europe Market, Forecast: 2010 to 2016
  69. Payment Cards in Circulation by Type and Application, France Market, Forecast: 2010 to 2016
  70. Shipments of Cards by Type and Application, France Market, Forecast: 2010 to 2016
  71. Shipments of Smart Cards by Interface, France Market, Forecast: 2010 to 2016
  72. Payment Cards in Circulation by Type and Application, Germany Market, Forecast: 2010 to 2016
  73. Shipments of Cards by Type and Application, Germany Market, Forecast: 2010 to 2016
  74. Shipments of Smart Cards by Interface, Germany Market, Forecast: 2010 to 2016
  75. Payment Cards in Circulation by Type and Application, Italy Market, Forecast: 2010 to 2016
  76. Shipments of Cards by Type and Application, Italy Market, Forecast: 2010 to 2016
  77. Shipments of Smart Cards by Interface, Italy Market, Forecast: 2010 to 2016
  78. Payment Cards in Circulation by Type and Application, Poland Market, Forecast: 2010 to 2016
  79. Shipments of Cards by Type and Application, Poland Market, Forecast: 2010 to 2016
  80. Shipments of Smart Cards by Interface, Poland Market, Forecast: 2010 to 2016
  81. Payment Cards in Circulation by Type and Application, Russia Market, Forecast: 2010 to 2016
  82. Shipments of Cards by Type and Application, Russia Market, Forecast: 2010 to 2016
  83. Shipments of Smart Cards by Interface, Russia Market, Forecast: 2010 to 2016
  84. Payment Cards in Circulation by Type and Application, Spain Market, Forecast: 2010 to 2016
  85. Shipments of Cards by Type and Application, Spain Market, Forecast: 2010 to 2016
  86. Shipments of Smart Cards by Interface, Spain Market, Forecast: 2010 to 2016
  87. Payment Cards in Circulation by Type and Application, Turkey Market, Forecast: 2010 to 2016
  88. Shipments of Cards by Type and Application, Turkey Market, Forecast: 2010 to 2016
  89. Shipments of Smart Cards by Interface, Turkey Market, Forecast: 2010 to 2016
  90. Payment Cards in Circulation by Type and Application, UK Market, Forecast: 2010 to 2016
  91. Shipments of Cards by Type and Application, UK Market, Forecast: 2010 to 2016
  92. Shipments of Smart Cards by Interface, UK Market, Forecast: 2010 to 2016
  93. Payment Cards in Circulation by Type and Application, Rest of Europe Market, Forecast: 2010 to 2016
  94. Shipments of Cards by Type and Application, Rest of Europe Market, Forecast: 2010 to 2016
  95. Shipments of Smart Cards by Interface, Rest of Europe Market, Forecast: 2010 to 2016
  96. Payment Cards in Circulation by Type and Application, Middle East/Africa Market, Forecast: 2010 to 2016
  97. Shipments of Cards by Type and Application, Middle East/Africa Market, Forecast: 2010 to 2016
  98. Shipments of Smart Cards by Interface, Middle East/Africa Market, Forecast: 2010 to 2016
  99. ASP and IC Revenues, Middle East/Africa Market, Forecast: 2010 to 2016
  100. Payment Cards in Circulation by Type and Application, Egypt Market, Forecast: 2010 to 2016
  101. Shipments of Cards by Type and Application, Egypt Market, Forecast: 2010 to 2016
  102. Shipments of Smart Cards by Interface, Egypt Market, Forecast: 2010 to 2016
  103. Payment Cards in Circulation by Type and Application, Iran Market, Forecast: 2010 to 2016
  104. Shipments of Cards by Type and Application, Iran Market, Forecast: 2010 to 2016
  105. Shipments of Smart Cards by Interface, Iran Market, Forecast: 2010 to 2016
  106. Payment Cards in Circulation by Type and Application, Saudi Arabia Market, Forecast: 2010 to 2016
  107. Shipments of Cards by Type and Application, Saudi Arabia Market, Forecast: 2010 to 2016
  108. Shipments of Smart Cards by Interface, Saudi Arabia Market, Forecast: 2010 to 2016
  109. Payment Cards in Circulation by Type and Application, South Africa Market, Forecast: 2010 to 2016
  110. Shipments of Cards by Type and Application, South Africa Market, Forecast: 2010 to 2016
  111. Shipments of Smart Cards by Interface, South Africa Market, Forecast: 2010 to 2016
  112. Payment Cards in Circulation by Type and Application, Rest of Middle East/Africa Market, Forecast: 2010 to 2016
  113. Shipments of Cards by Type and Application, Rest of Middle East/Africa Market, Forecast: 2010 to 2016
  114. Shipments of Smart Cards by Interface, Rest of Middle East/Africa Market, Forecast: 2010 to 2016

Charts

  1. Total Installed Base by Type
  2. Total Cards in Circulation by Application
  3. Total Shipments of Cards by Type
  4. Total Shipments of Cards by Application
  5. Total Smartcard Shipments by Interface
  6. Total Shipments of Cards by OS
  7. Smart Card IC Manufacturers
  8. Smart Card IC Manufacturers
  9. Smart Card Manufacturers
  10. Smart Card Manufacturers
  11. Total Installed Base by Type
  12. Total Cards in Circulation by Application
  13. Total Shipments of Cards by Type
  14. Total Shipments of Cards by Application
  15. Total Smartcard Shipments by Interface
  16. Total Installed Base by Type
  17. Total Cards in Circulation by Application
  18. Total Shipments of Cards by Type
  19. Total Shipments of Cards by Application
  20. Total Smartcard Shipments by Interface
  21. Total Installed Base by Type
  22. Total Cards in Circulation by Application
  23. Total Shipments of Cards by Type
  24. Total Shipments of Cards by Application
  25. Total Smartcard Shipments by Interface
  26. Total Installed Base by Type
  27. Total Cards in Circulation by Application
  28. Total Shipments of Cards by Type
  29. Total Shipments of Cards by Application
  30. Total Smartcard Shipments by Interface
  31. Total Installed Base by Type, World Market: 2010 to 2016
  32. Smart Card IC Manufacturers, Payment Card Market Share: 2010
  33. Smart Card Manufacturers, Payment Card Market Share: 2010
  34. Total Installed Base by Type, World Market: 2010 to 2016
  35. Total Cards in Circulation by Application, World Market: 2010 to 2016
  36. Total Shipments of Cards by Type, World Market: 2010 to 2017