EMV is a global payment industry specification called after the three companies that developed it: Europay, MasterCard, and Visa. The EMV specifications are concerned with the secure interoperability of chip-based payment applications and payment terminals. EMV (Europay, Mastercard, and Visa) cards are smart cards, also known as chip cards, integrated circuit cards, or IC cards, that store data on integrated circuit chips as well as magnetic stripes for backward compatibility. Cards that require be physically inserted or “dipped” into a reader are included, as are contactless cards that may be read over a short distance using near-field communication technology.
Global EVM Card Market Overview:
The Global EVM Card Market Research Report offers a comprehensive assessment of the current state of the industry, encompassing definitions, classifications, applications, and the intricate structure of the industrial chain within the specific sector. This study provides insights into the present market conditions, historical performance, production and consumption rates, demand-supply dynamics, and revenue projections for the foreseeable future, all supported by unbiased expert analysis. Notable within the report are the strategic objectives and growth strategies adopted by prominent stakeholders in this field. The study covers a range of activities, including mergers and acquisitions, business transactions, partnerships, collaborations, joint ventures, brand marketing, and product introductions. Ultimately, this investigation offers a comprehensive perspective of the sector on both a national and regional scale.
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COVID-19 Impact on Global EVM Card Market:
The Global EVM Card Industry faced significant challenges due to the COVID-19 pandemic, leading to far-reaching consequences. Disruptions and workforce shortages caused production facility closures, resulting in a notable and prolonged decline in production utilization. Travel restrictions and facility shutdowns prevented on-site work, further slowing down the market in 2020. Despite these adverse effects, the negative impacts of COVID-19 on this market are expected to be temporary, with a rapid recovery projected by early 2021, driven by increased demand for Global EVM Card .
Global EVM Card Market Drivers:
A cashless economy is one in which there is no cash movement and all transactions are carried out through electronic media channels. Digital transactions improve transparency, precision, and accountability. It allows the individual to transact whenever and wherever he or she wants. As a result, governments all over the world are promoting cashless economies through the use of ICT. Governments are making various efforts to modernise the payment procedure.
The Indian government, for example, has launched a number of measures to promote cashless economies. The launch of Digital India, the Unified Payments Interface (UPI), and the 14444 helpline number all serve as accelerators in the transition to a cashless economy.
Global EVM Card Market Segmentation:
by Type
Debit Card
Credit Card
by Brand
Euro pay
Visa
MasterCard
Other
by Interface
Contact
Contactless
Dual
by Functionality
Transaction
Communication
Security & Access Control
by Application
BFSI
IT & Telecommunication
Government
Food & Groceries
Health & Pharmacy
Restaurants & Bars
Consumer Electronics
Shopping Malls & Retail
Media & Entertainment
Travel & Tourism
Others
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Key Players:
This research report provides in-depth quantitative insights on market potential across numerous categories, as well as country-specific assessments for each covered area. The report examines the key market factors and is supplemented by detailed profiles of…
1. American Express
2. CardLogix Corporation
3. CPI Card Group Inc.
4. Equinox Payments
5. Giesecke + Devrient GmBH
6. HID Global Corporation
7. IDEMIA, Infineon Technologies AG
8. JPMorgan Chase & Co.
9. NCR Corporation
10. Perfect Plastic Printing
11. Samsung
12. Thales
13. VeriFone
14. Versatile Card Technology Pvt. Ltd.
15. Mastercard
16. Visa Inc.
17. ABCorp
18. CPI Card Group
19. Gem alto
20. Giesecke & Devrient
21. Morpho (Safran)
22. Oberthur Technologies
23. Versatile Card Technology Ingenico
24. PAX Technology
25. SZZT Technology
26. ATOS World line
27. Cyber Net
28. Equinox
29. Fiserv Inc.
30. Keycorp
31. NCR
32. Spire Payments
33. Hengbao
34. Watch data systems Co. Ltd
35. Gold Pac
Regional Analysis:
The regional analysis section also covers crucial market influencers and shifts in market regulations that impact both current and future trends. Primary variables, including new and replacement sales, national demographics, regulatory policies, and import-export tariffs, are utilized to assess the market scenario across different regions. When presenting forecast analyses for individual countries, the report takes into account the presence and prominence of brands, as well as the challenges they face due to competition dynamics from local and domestic brands. Additionally, the impact of sales channels is considered.
Table Of Content:
1. Global EVM Card Market: Research Methodology
2. Global EVM Card Market: Executive Summary
3. Global EVM Card Market: Competitive Landscape
3.1. MMR Competition Matrix
3.2. Competitive Landscape
3.3. Key Players Benchmarking
3.4. Global Market Key Player Ranking Analysis
3.5. Market Structure
3.5.1. Market Leaders
3.5.2. Market Followers
3.5.3. Emerging Players
3.6. Consolidation of the Market
4. Global EVM Card Market: Dynamics
4.1. Market Trends by Region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
4.2. Market Drivers by Region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
4.3. Market Restraints
4.4. Market Opportunities
4.5. Market Challenges
4.6. PORTER’s Five Forces Analysis
4.7. PESTLE Analysis
4.8. Value Chain Analysis
4.9. Regulatory Landscape by Region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
4.10. COVID-19 Impact on the Market
Key Questions Answered in the Global EVM Card Market Report are:
- Which segment emerged as the leading segment in the Global EVM Card Market?
- Which are the key players in the Global EVM Card Market?
- What trends are likely to emerge in the Global EVM Card Market in the coming years?
- What will be the Global EVM Card market size by 2027?
- Which company held the largest share in the Global EVM Card Market in 2020?
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