About Smart Cards : Introduction : Market Information
Smart Card Market Information
- Global Smart Card Shipments
- EMV Credit and Debit Card Issuance
- EMV Migration Study and Market Analysis on Mexico and Brazil
Eurosmart conducts an annual market study on global smart card shipments. Eurosmart reported that 7.095 billion smart cards will ship globally in 2012. Eurosmart has forecast that over 7.665 billion smart cards will ship in 2013 – 8% growth over 2011.
See all Eurosmart market figures.
Financial institutions in Europe, Latin America, Asia/Pacific, Canada and the United States are issuing contact or dual-interface EMV smart cards for credit and debit payment (commonly referred to as “chip and PIN”) or migrating to EMV issuance. According to EMVCo, over 1.5 billion EMV cards have been issued globally and over 21.6 million POS terminals accept EMV cards as of Q2 2011. This represents 44.1% of the total payment cards in circulation and 72.0% of the POS terminals installed globally, excluding the United States.
The Smart Card Alliance Latin America (SCALA) research report on EMV migration in Mexico and Brazil forecasts strong growth in EMV/chip cards and terminals. Brazil had issued 341 million EMV/chip cards in 2008, with a forecast of 145 million to be issued in 2009. Mexico had issued 82 million EMV/chip cards in 2008, with a forecast of 17 million for 2009.
The full report is available for purchase, with a summary and webinar presentation available at no charge.