NXP Semiconductors has dominated the market through its IC supply. For another successive year, the company has grabbed the top spot with 43 per cent market share
BANGALORE, INDIA: As per ABI Research's forecast few segments like government, healthcare and citizen ID market is expected to grow with the end market value being in excess of Rs.469.95 crore ($86 million) between 2012 and 2017.
The market research firm also noted that the deployment of national ID cards and e-passports has generated bulk of revenues with cumulative shipments of 20.9 crore units in 2011. This is estimated to increase to 48.9 crore in 2017.
NXP Semiconductors has dominated the market through its IC supply. For another successive year, the company has grabbed the top spot with 43 per cent market share.
The top four smart card vendors were Gemalto, Oberthur, Morpho, and Eastcompeace. Bundesdruckerei, in 8th position, demonstrated the greatest market share gain with an overall increase of 3.3 per cent when compared to 2010.
"Contactless is the new 'must have' technology in the ID space. Contactless projects have already shown success, deploying within national ID projects in Germany, Egypt, and most notably, China.
The trend to adopt a contactless interface will continue throughout the forecast period. We expect to see strong and continued adoption of dual interface ICs primarily utilised in national ID cards.
From 2012 onwards, France, Brazil, Poland, and Russia are all expected to adopt contactless technology into their national ID programmes. Contactless shipment penetration is expected to increase from 49 per cent in 2011 to 61 per cent in 2017,” says analyst Phil Sealy.
Practice director John Devlin adds, "The next phase in India's Aadhaar project could be a real game changer and is one which all the major smart card and IC vendors are looking at. Potentially the project could form the basis for a whole range of services deploying in both an online and offline manner, across both government and commercial sectors providing additional revenue streams for those involved."