Global Powered Smart Card Market to Reach $8.3 Billion by 2030 Amid Rising Demand for Security
Friday, September 13, 2024
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Posted by: Sierra Lindemann
The global powered smart card market, valued at $4.5 billion in 2023, is projected to hit $8.3 billion by 2030, driven by a CAGR of 8.9%. Technological advancements, including biometric integration and improved communication protocols, are enhancing security and processing capabilities. This surge is fueled by rising demand for secure identification, regulatory compliance, and the growth of digital payment systems across sectors like finance, healthcare and government.
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