Global Smartcard Market To Take A Full Swing Ride On Telecom Industry

The telecom sector remains the leading area of application for smart cards throughout the world

. The chief driver for the smart card industry is SIM card usage in every mobile phone along with prepaid (stored value memory cards) cards. With rapid mobile penetration and ever increasing buying frequency, the market for smartcards shall remain robust in the times to come. The unit shipment of smart cards in telecom sector is projected to surge at a CAGR of around 11% during 2011-2014.

Also, the rapid deployment of 3G in developing countries like India and China is anticipated to lift up the shipments of smart cards in the telecom sector. With the rising demand for interoperability, mobile operators throughout the world are looking at value-added services (VAS). This is an excellent opportunity for the SIM card manufacturers as the mobile operators, at present, require superior SIM cards with better memory and faster downloading abilities to support the VAS. These and many other upcoming developments are expected to boom the market.

A latest report by RNCOS titled, Smart Card Market Forecast to 2014, spread across 90 pages, provides an extensive research and in-depth analysis of the current status, and future prospects of the global smart card market. An insight into the prevailing market trends, industry drivers, and challenges covered in the report clearly depict a comprehensible picture of the market structure. The future landscape in key countries of the world has also been elaborated in the report. The analysis of the regulatory environment and recent industry developments are also been included in the report to provide a balanced outlook on the potentials of the global smart card market.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM358.htm

Some of our Related Reports are:

- Smart Card Market Forecast to 2012 (http://www.rncos.com/Report/IM007.htm)

- IAM Market Forecast to 2013 (http://www.rncos.com/Report/IM324.htm)

- Global Biometric Forecast to 2012 (http://www.rncos.com/Report/IM140.htm)

- Global CCTV Market Analysis (2008-2012) (http://www.rncos.com/Report/IM134.htm)

Check Related REPORTS on: http://www.rncos.com/Electronic%20Security.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

by: Shushmul Maheshwari

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