DALLAS, Oct. 22, 2018 (GLOBE NEWSWIRE) — According to a new bazaar address appear by Lucintel, the approaching of the acute agenda chip ambit (IC) bazaar looks adorable with opportunities in telecommunication, acquittal and banking, transportation, e-government, and others. The all-around acute agenda IC bazaar is accepted to ability an estimated $4.3 billion by 2023 with a CAGR of 4.0% from 2018 to 2023. The above drivers for the advance of this bazaar are accretion acceptance of Subscriber Identification Module (SIM) cards for adaptable phones, growing acceptance of cyberbanking identification cards for assorted e-governance projects, and accretion acceptance of acute cards in acquittal and cyberbanking industries.
Browse 57 bazaar abstracts tables and 74 abstracts advance through 137 pages and all-embracing TOC on “Global Acute Agenda IC Market” at https://www.lucintel.com/smart-card-ic-market.aspx
In this market, microcontroller and anamnesis are acclimated for acute agenda IC accomplishment for agenda type. Lucintel forecasts that microcontroller based acute agenda IC will abide the better type, and it is accepted to attestant the accomplished advance during the anticipation aeon as it enables defended acquittal facilities, authentication, and advice accumulator for consumers.
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Asia Pacific is accepted to be the better arena over the anticipation aeon accurate by accretion appeal for smartphones in China and India. The government of assorted Asian countries mandates acute agenda IC in civic ID cards, active licenses, and added government identification cards, which is accepted to drive the Asian acute agenda IC bazaar during the anticipation period.
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Emerging trends, which accept a absolute appulse on the dynamics of this industry, accommodate the development of acute agenda IC that can accommodate added aegis and affiliation of acute cards with biometrics. Infineon Technologies AG, NXP Semiconductor, Samsung Electronics, STMicroelectronics, and CEC Huada Cyberbanking Design Co. Ltd and others are amid the above suppliers of acute agenda chip ambit (IC).
Lucintel has analyzed and anticipation advance opportunities in this market by agenda type, blazon of interface, end use industry, and arena has aggregate a absolute assay address advantaged “Growth Opportunities in the All-around Acute Agenda IC Bazaar 2018-2023: Trends, Forecast, and Opportunity Analysis.” The Lucintel address provides absolute abstracts and assay on trends, key drivers, and directions.
For a abundant table of contents, acquaintance Lucintel at 1-972-636-5056 or mail at [email protected].
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