The global Contactless Smart Card IC market size is predicted to grow from US$ 18230 million in 2025 to US$ 32050 million in 2031; it is expected to grow at a CAGR of 9.9% from 2025 to 2031.

Non-contact IC card, also known as radio frequency card, is composed of IC chip and induction antenna, which are packaged in a standard PVC card, and the chip and antenna have no exposed parts. Contactless IC card is a new technology developed in the world in recent years. It successfully combines radio frequency identification technology and IC card technology, ending the problem of passive (no power in the card) and contact-free. It is a major breakthrough in the field of electronic devices.

The global contactless smart card IC market size in 2022 is US$14.5 billion. It is expected that during the forecast period, the global smart card IC market size will grow at an average growth rate of 9.5% and reach US$15.8 billion in 2028.

Infinity Market Research newest research report, the Contactless Smart Card IC Industry Forecast looks at past sales and reviews total world Contactless Smart Card IC sales in 2024, providing a comprehensive analysis by region and market sector of projected Contactless Smart Card IC sales for 2025 through 2031. With Contactless Smart Card IC sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Contactless Smart Card IC industry.

This Insight Report provides a comprehensive analysis of the global Contactless Smart Card IC landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Contactless Smart Card IC portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Contactless Smart Card IC market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Contactless Smart Card IC and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Contactless Smart Card IC.

This report presents a comprehensive overview, market shares, and growth opportunities of Contactless Smart Card IC market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Memory Chip
    Microcontroller Chip

Segmentation by Application:

    Telecommunications
    Transportation
    Finance
    Others

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    NXP Semiconductors
    Infineon Technologies
    Samsung
    STMicroelectronics
    Cardzgroup
    Sony Corporation
    CPI Card Company
    Square Inc.
    Francisco Partners
    Inteligensa Group
    CARD Corporation
    Giesecke+Devrient
    Ingenico
    Shanghai Huahong
    Shanghai Fudan Microelectronics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Contactless Smart Card IC market?
What factors are driving Contactless Smart Card IC market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Contactless Smart Card IC market opportunities vary by end market size?
How does Contactless Smart Card IC break out by Type, by Application?