Eurosmart expects over 7 billion smart secure devices to be shipped in 2012

Telecom

  • Still strong growth in developing markets 
  • M2M technology opening new applications and expanding the smart security market, • automotive, smart metering, etc 
  • Deployment of cellular connected consumer devices like tablets and eReaders 
  • Deployment of 4G with currently over 50 commercial LTE networks globally, enabling feature rich IP services

Banking-Retail

  • EMV migration driving growth in Latin America and China. India is set to become the next big country to migrate. 
  • Confirmed EMV migration in the US. Shipments in the millions are already happening and will be driven by the liability shift going forward. 
  • Ongoing deployment of Dual interface (contact & contactless)

Government ID-Healthcare

  • Strong growth in National eID programs 
  • Ongoing smart healthcare programs

NFC

  • Eurosmart confirms its 2012 forecast, expecting secure NFC device shipments to be in the range of 80 to 120 million units 
  • We are seeing confirmation that leading handset manufacturers have started to include NFC in their smart phones 
  • Furthermore, there is a lot of market activities around mobile financial services in general and mobile NFC services in particular. Several major MNOs and banks as well as Visa and MasterCard have started to market NFC services 
  • Industry alliances and partnerships have been formed to speed up the adoption

Please go to Eurosmart for more detailed information

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