The market for chips for contactless smart cards is expected to grow at an average 80% per year, leading to a 15% share of the total smart card chip market after 2000, according to a survey of the smart card chip market published today by SJB Research. And, after last year’s growth slowdown and overcapacity problems in the smart card chip market, manufacturers are looking forward to an upturn that will see chip prices stabilising and even increasing.
The survey, in the June edition of SJB’s card industry newsletter, Card Technology Today, includes leading smart card chip manufacturers’ views on emerging trends in the industry, as well as providing detailed tabulated information on the product offerings and status of 15 major smart card chip manufacturers around the world. A demand for phone cards will spur the market for security memories (both contact and contactless), resulting in an average annual growth rate of 10% through to 2003 reports the Ctt survey. Card Technology Today is an industry newsletter, published ten times each year, and available by paid subscription only from SJB Research.Details