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(Wireless-NewsWire.Com, November 28, 2017 ) EMV is a standard for payment cards, payment terminals, and automated teller machines (ATMs). The EMV standard was developed to deliver a safe and secure payment transaction between chip-based payment cards and terminals. A dynamic code is generated for every transaction when an EMV card is inserted into an EMV point-of-sale (POS) terminal. This is the prime benefit of EMV cards as it becomes almost impossible for fraudsters to decode customer information.
Publisher's analysts forecast the global EMV cards market to grow at a CAGR of 16.9% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global EMV cards market for 2016-2020. To calculate the market size, the report considers the total shipment of EMV cards (both contact-based and contactless).
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Publisher's report, Global EMV Cards Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- ABnote
- CPI Card
- Gemalto
- Giesecke & Devrient
- Morpho
- Oberthur Technologies
- Perfect Plastic Printing
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Market driver
- Rising regulatory intervention in secure payments
- For a full, detailed list, view our report
Market challenge
- Delay in issuing EMV cards and emergence of other payment systems
- For a full, detailed list, view our report
Market trend
- Rise in need for improved security standards
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 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?
For more information about this report: http://www.reportsweb.com/global-emv-cards-market-2016-2020
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Rajat Sahni
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