North America Smart Card Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The North America Smart Card Market is Segmented by Type (Contact-based, Contact-less), by End User Vertical (BFSI, IT and Telecommunication, Government, and Transportation), and by Country.

North America Smart Card Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

North America Smart Card Market Size

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North America Smart Card Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 4.00 %
Market Concentration Medium

Major Players

North America Smart Card Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of North America Smart Card Market with other markets in Technology, Media and Telecom Industry

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North America Smart Card Market Analysis

The North America Smart Card Market is expected to register a CAGR of less than 4% during the forecast period.

  • In North America, Government policymakers are looking carefully at the best ways to improve the efficiency of information systems in the healthcare industry vertical. Much emphasis has been placed on the need for electronic health records for every American and on ways to exchange those records at all levels, and smart card technology has emerged to be among the key technology enabler for those organizations.
  • Considering the benefits of smart cards, several states, including California, New York, and Louisiana, in the United States of America have already started providing Smart Health Card. Technology from the Boston Children's Hospital was used to create these cards.
  • The advent of smart cards has made payment methods faster and safer. The market is also expected to witness considerable growth because of the increase and advancement in the financial and banking sector. Contactless smart cards have become the leading choice for financial services and governments. According to data provided by Visa, in April 2021, over 300 million Visa cards will be contactless-enabled, a significant portion of active credit and debit cards in the United States.
  • With the emergence of technologies like blockchain, IoT, and biometrics, there has been a growth in the smart card market. Healthcare, smart city, consumer electronics, industrial, payments, and numerous other verticals are developing services that rely on an IoT (Internet of Things) infrastructure.
  • However, security has been among the major factor challenging the growth of the studied market, as a significant number of cases has been reported in the North American region that involved cards.
  • The outbreak of Covid-19 significantly impacted the North American region. Although a majority of the industrial and commercial sectors were affected by the pandemic, the use of smart cards for contactless payment and information sharing has witnessed an upward trend expected to sustain and positively impact the studied market growth during the forecast period.

North America Smart Card Industry Overview

The North America Smart Card Market Market is competitive and consists of several partakers like CardLogix Corporation, Secura Key, IDEMIA, HID Global Corporation, Fingerprint Cards AB, and many more. The companies are focusing on increasing their market presence by developing innovative technologies, forming multiple partnerships, investing in projects, and launching new products in the market.

  • June 2022 - The Alpharetta Department of Public Safety announced that the agency has partnered with Montana-based Police Smart Card on a pilot program to replace police officers' business cards with fully featured smart cards. According to the agency, the cards enable a citizen to scan a QR code on the card to access a police officer's badge information and download a vCard with the case number and the officer's contact information.
  • April 2022 - FinTech startup Savvii Group Inc. had secured USD 10 million in seed funding that closed at the end of the last quarter. The company is planning to enter the Canadian consumer card market, and the funding will allow Savvii to accelerate the development of its tech infrastructure and build out its partner network.

North America Smart Card Market Leaders

  1. CardLogix Corporation

  2. Secura Key

  3. HID Global Corporation

  4. IDEMIA France SAS

  5. Fingerprint Cards AB

  6. *Disclaimer: Major Players sorted in no particular order
North America Smart Card Market Concentration
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North America Smart Card Market News

  • April 2022 - Thales Trusted Cyber Technologies (TCT), a U.S.-based cyber security firm, announced that its Smart Card 650 v4.2 token (SC650) had received approval from the National Security Agency (NSA) for use in defense networks. The SC650 is a high assurance identification and authentication smart card that brings two-factor authentication to networks and applications where security is critical.
  • September 2021 - Fingerprint Cards AB announced a collaboration with Infineon technologies. As per the agreement, Fingerprint Cards AB enabled biometric authentication is to be executed within Infineon Technologies Secure Element, making it easier for card manufacturers to develop and roll out biometric payment cards at scale. This technological leap has been achieved while maintaining biometric performance and increasing security.
  • August 2021 - RBC Ventures launched Mydoh, an innovative money management app and Smart Card in Canada. The company has designed the app and smart card to help kids make their own earning and spending decisions. Upon signing in to the app, the customers get access to a digital visa card immediately, and then they receive a physical Visa Prepaid card.
  • July 2021 - Giesecke+Devrient (G+D) acquired Pod, a provider of IoT sim cards. With billions of IoT devices generating data, data authenticity, privacy, and security are fundamental to making IoT successful and beneficial for its users. Pod and the company's products complement the G+D eSIM card portfolio and provide the ability to connect, manage, bill, and secure devices via a seamless and cost-effective approach.

North America Smart Card Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitutes
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Assessment of the Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Growing Deployment in Personal Identification and Access Control Applications
    • 5.1.2 Extensive Use in Travel Identity and Transportation
    • 5.1.3 Growing Demand for Contactless Payments
  • 5.2 Market Challenges
    • 5.2.1 Privacy and Security Issues and Standardization concerns

6. MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 Contact-based
    • 6.1.2 Contact-less
  • 6.2 By End-User Vertical
    • 6.2.1 BFSI
    • 6.2.2 IT and Telecommunication
    • 6.2.3 Government
    • 6.2.4 Transportation
    • 6.2.5 Other End-user Industries (Education, Healthcare, Entertainment, etc.)
  • 6.3 By Country
    • 6.3.1 United States
    • 6.3.2 Canada

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 CardLogix Corporation
    • 7.1.2 Secura Key
    • 7.1.3 Giesecke+Devrient GmbH
    • 7.1.4 HID Global Corporation
    • 7.1.5 IDEMIA
    • 7.1.6 Infineon Technologies AG
    • 7.1.7 Fingerprint Cards AB
    • 7.1.8 CPI Card Group Inc
    • 7.1.9 Universal Smart Cards Inc.
    • 7.1.10 dz Card (International) Ltd
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE OUTLOOK OF THE MARKET

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North America Smart Card Industry Segmentation

A smart card is a device similar to a credit/debit card that uses a small microchip to store and process data. As these cards can handle more information and provide more functionality, they are increasingly being used across various industries.

The study tracks the trends and historical data related to smart card usage across various end-user verticals of the North American region, such as BFSI, IT and Telecommunication, etc. It also includes the impact assessment of COVID-19 on the studied market.

By Type Contact-based
Contact-less
By End-User Vertical BFSI
IT and Telecommunication
Government
Transportation
Other End-user Industries (Education, Healthcare, Entertainment, etc.)
By Country United States
Canada
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North America Smart Card Market Research FAQs

What is the current North America Smart Card Market size?

The North America Smart Card Market is projected to register a CAGR of less than 4% during the forecast period (2025-2030)

Who are the key players in North America Smart Card Market?

CardLogix Corporation, Secura Key, HID Global Corporation, IDEMIA France SAS and Fingerprint Cards AB are the major companies operating in the North America Smart Card Market.

What years does this North America Smart Card Market cover?

The report covers the North America Smart Card Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the North America Smart Card Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

North America Smart Card Industry Report

Statistics for the 2025 North America Smart Card market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Smart Card analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.