Smart Card IC Market to receive overwhelming hike US$ 6.5 billion in Revenues by 2034

By 2024, the smart card integrated circuit market is projected to be worth US$ 3.3 billion. From 2024 to 2034, the market is expected to grow at a compound annual growth rate (CAGR) of 6.8%, up from 9.0% in 2023. The market value is expected to reach US$ 6.5 billion by 2034.

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Smart Card IC Market to receive overwhelming hike US$ 6.5 billion in Revenues by 2034 | #smart card integrated circuits

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Smart Card IC Market to receive overwhelming hike US$ 6.5 billion in Revenues by 2034

Demand for smart card integrated circuits (ICs) is rising as a result of several market factors. The extensive usage of smart card integrated circuits (ICs) in a variety of industries, including retail, transportation, and hospitality, is a result of the growing acceptance of contactless p