Unlocking Success in the EVM Card Market with MMR's Strategic Blueprint
Maximize Market Research is on a mission to empower organisations by presenting a compelling EVM Card Market research that has been precisely designed to inform strategic decisions. This thorough publication goes beyond simple data analysis, offering actionable insights for improvement as well as a road map for newcomers to navigate and flourish in the competitive landscape. Focused on revenue dynamics, the research provides customers with methods for increasing their position in the ever-changing EVM Card business.
Estimated Revenue Growth:
EVM Card Market size was valued at USD 14.48 Bn. in 2022 and the total EVM Card revenue is expected to grow at a CAGR of 4.2% from 2023 to 2029, reaching nearly USD 19.31 Bn.
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EVM Card Market Analysis and Research Methodology
This report's fundamental purpose is to provide a complete overview of the EVM Card Market to all industry stakeholders. It provides a comprehensive overview of the industry's past and present situation, supported by projected market size and trends. The paper uses a bottom-up approach to estimate global and regional sizes. The report's clear depiction of competition analysis, which includes player kinds, pricing, financial positions, raw material portfolios, growth strategies, and global regional presence, establishes it as an essential resource for investors.
EVM Card Market Segmentation: Beyond Broad Strokes.
The analysis goes beyond broad strokes and methodically dissects market segmentation. It conducts a detailed study of segments and sub-segments, revealing the complexities of the demand chain, supply chain, and sales dynamics. Recent market shifts are summarised to provide a more comprehensive perspective.
by Type
Debit Card
Credit Card
By Type, the Debit Card segment dominated the global EVM card market with a market share of 62% in 2022 and is expected to grow at a CAGR of 4.7% during the forecast period. As a banking product, debit cards have gained in popularity over recent years, with more and more consumers swiping.
by Brand
Euro pay
Visa
MasterCard
Other
By Interface, the Contactless segment held the largest market share of 55% and dominated the global EVM card in 2022. The segment is expected to maintain its dominance by holding a market share of 59% by 2029. A contactless smart card has an integrated smart card secure microcontroller or comparable intelligence, internal memory, and a tiny antenna; it connects with devices through a contactless radio frequency (RF) interface.
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
By Application, the BSFI segment held the largest market share of the global EVM card market at 36.45% in 2022 and is expected to maintain its dominance by 2029. The adoption of EVM cards in BFSI provides a variety of benefits, including personal data security and secure data transfers. Thus, the segment is expected to witness a significant growth rate during the forecast period.
Regional Analysis and Market Trends
The EVM Card market has seen a variety of developments, which have influenced its growth trajectory. Notable developments include increased popularity and innovation in product offers, as well as market growth activities. The research provides a detailed analysis of the global spicy dairy products market, focusing on the major producing regions. The analysis includes dynamics and market size, which are reported at the regional and worldwide levels.
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Market Segments and Key Players
The research provides a comprehensive segmentation of the EVM Card market, revealing important features of its makeup. Additionally, it highlights major market players.
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
Table of Content: EVM Card Market
Part 01: Executive Summary
Part 02: Scope of the EVM Card Market Report
Part 03: EVM Card Market Landscape
Part 04: EVM Card Market Sizing
Part 05: EVM Card Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key Questions Explored:
- Which segment dominated the EVM Card market share in 2023?
- What factors fuel EVM Card market growth?
- What challenges impede EVM Card market growth?
- Which region claimed the largest EVM Card market share in 2023?
- What is the anticipated CAGR of the EVM Card market during the forecast period?
- Who are the key players in the EVM Card industry?
- What trends are poised to emerge in the EVM Card market?
Comprehensive Offerings
Past Market Size and Competitive Landscape (2017 to 2021): An insightful historical journey, unraveling market evolution.
Past Pricing and Price Curve by Region (2017 to 2021): Understanding pricing dynamics across regions.
Market Size, Share, Size & Forecast by Different Segment | 2022−2029: Projections and trends for strategic planning.
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region: A comprehensive analysis of factors shaping the market.
Market Segmentation – A Detailed Analysis by Segments with Sub-segments and Region: Granular insights into market composition.
Competitive Landscape – Profiles of Selected Key Players by Region from a Strategic Perspective:
Competitive Landscape – Market Leaders, Market Followers, Regional Player
Competitive Benchmarking of Key Players by Region
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