Rising Demand for Secure Transactions to Fuel Growth of Global...

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2024-12-18 21:13:45 -

Rising Demand for Secure Transactions to Fuel Growth of Global Smart Card IC Market

The global Smart Card IC Market is poised for steady growth over the next decade. Valued at US$ 3.5 billion in 2023, the market is projected to expand at a CAGR of 3.7% from 2024 to 2034, reaching US$ 5.2 billion by the end of the forecast period. This growth is fueled by technological advancements, increasing adoption of smart card applications, and a greater demand for secure transactions...

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