Smart card technology use-cases typically include the authentication and identification of users across multiple applications and vertical sectors. This technology is most often associated with the financial services, telecom, government and transportation markets, but the application scenarios are evolving as other sectors explore the benefits. According to the latest market study by ABI Research, in 2014 a total of 454 million government ID smart card credentials -- primarily consisting of driver licenses, healthcare, national ID cards, and passports -- were issued, resulting in a year-over-year growth rate of 2.4 percent. Over the past two years the government ID market has been evolving slowly, reflecting short-term expectations. The worldwide market continues to be affected by ongoing prior project delays, along with an overall lack of new projects or contracts awarded in 2014. Russia and Japan placed a hold on their respective smart national ID card projects. Moreover, Fran...
TMT Market Research and Analysis