Albany, NY -- (SBWIRE) -- 12/12/2016 -- A smart card is a pocket-sized card, generally made of plastic, which is embedded with integrated circuits or microchips. It is used for authentication, identification, data storage, and application processing. Smart cards find a wide range of applications in the Transportation sector; they can be used as e-driving licenses or e-passports, and can also be used for payment and ticketing applications such as electronic toll and mass transit. Smart cards provide enhanced security and enable easy management in the Transportation sector.

The Global Smart Card market in the Transportation sector to grow at a CAGR of 9.53 percent over the period 2014-2019. This report covers the present scenario and the growth prospects of the Global Smart Card market in the Transportation Sector for the period 2015-2019. The report does not include revenues generated from contactless smart cards used in Transportation sector.

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TechNavio's report, Global Smart Card Market in the Transportation Sector 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, Latin America, North America, and the MEA region; it also covers the Global Smart Card market landscape in the Transportation sector and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Regions
- APAC
- Europe
- Latin America
- MEA
- North America

Key Vendors
- ASK
- Gemalto
- Giesecke & Devrient
- Watchdata System

Other Prominent Vendors
- Athena
- CardLogix
- DataCard
- Eastcompeace Technology

Market Driver
- Need for Tamper-resistant System
- For a full, detailed list, view our report

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Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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