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SUMMARY
NanoMarkets has covered opportunities in the powered smartcard market for more than five years. In this latest report on the topic, we examine how this market has evolved since our last in-depth on the market in 2012. In particular, in this report we have analyzed how demand for such cards is changing as the result of a burgeoning need for security (and hence OTP), as well as the signs that the uses for powered smartcards are shifting beyond the security application. We also discuss how the long-awaited arrival of the U.S. into the smartcard EMV payment world will impact the powered smartcard market, as well as the growth of secure commerce in China.
In addition, this report takes a look at how the technologies in powered smartcards have improved and what new smartcards products are arriving into the market. Here we are, as ever, especially interested in emerging battery and display technology for powered smartcards. For the first time, however, this NanoMarkets smartcards report examines where the powered smartcard will fit into a world of ubiquitous smartphones and (perhaps) a soon-to-be ubiquitous Internet-of-Things.
This report provides a detailed eight-year forecast of powered smartcards both in terms of value and the number of cards shipped. This will include breakouts by functionality, technology and the region to which smartcards are being shipped. Finally, we take a look at the powered smartcard supply chain and the range of product/market strategies being pursued in this sector.
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TABLE OF CONTENTS
Executive SummaryE.1 What's Changed With Powered Smart CardsE.2 Technology Update: Slow to Scale, Tangential Markets Must HelpE.3 Application Update: When Will Tangential Markets Step Up?E.3.1 Still an OTP StoryE.3.2 Dynamic CVV: The Killer App?E.3.3 Smartphones: Real or Imagined Foe?E.4 Regional Outlooks for Powered Smart CardsE.4.1 Europe: Further Down the PathE.4.2 Here Comes the US: Monkey-See, Monkey-Do?E.4.3 Asia: Waking the Giant?E.5 Companies to WatchE.5.1 SolicoreE.5.2 Oberthur/NagraIDE.5.3 E InkE.5.4 DynamicsE.5.5 Double-Secret LCD/LED Display ProvidersE.6 Eight-Year Forecasts of Powered Smart CardsE.6.1 Thoughts on PricingChapter One: Introduction1.1 Background to this Report1.1.1 EMV Considered as Hope for the Powered Smart Card Market1.1.2 The China Card1.1.3 Technology Improvements1.1.4 New Kids on the Block and the NagraID Deal1.2 Objective and Scope of this Report1.3 Methodology of this Report1.4 Plan of ReportChapter Two: The Future of Powered Smart Cards2.1 Powered Smart Cards: Comparison with Conventional Smart Cards and Advantages2.2 Functionality: Why It's Still an OTP World2.2.1 What's New in Powered Smart Cards and OTP2.2.2 Dynamic CVV: The Killer App?2.2.3 Bringing EMV to the U.S.—Will Powered Smart Cards Follow?2.3 Security: Perception and Reality2.4 The Rise of Smartphones for OTP: Does it Matter?2.4.1 Smartphones —not a True Enemy of Powered Smart Cards2.4.2 SMS – No Free Lunch2.4.3 Powered Smart Cards and the IoT2.5 Beyond OTP: Where are the Other Markets for Powered Smart Cards?2.5.1 Secure ID and Biometric2.5.2 Medical/Healthcare2.5.3 Other Markets: Where Platform Meets Cannibalization2.6 The Million-Dollar Question: Who Pays?2.6.1 Secure ID/Biometrics: Take the Systems Approach:2.6.2 Medical/Healthcare2.7 Key Points from this ChapterChapter Three: Important Trends in Powered Smart Card Technology3.1 Powered Smart Cards: Comparison with Conventional Smart Cards and Advantages3.1.1 The Case for Powered Smart Cards3.2 Batteries for Powered Smart Cards: Thin-Film and Printed3.2.1 Form Factor3.2.2 High-Temperature Processing3.2.3 Current and Future Battery Requirements for Smart Cards3.2.4 The Role of Screen Printing3.2.5 Next-Generation Printing Technology for Batteries3.2.6 Rechargeable Printed Batteries3.3 Vendor Landscape Update: Suppliers of Batteries for Powered Smartcards3.3.1 Solicore (United States)3.3.2 Blue Spark Technologies (United States)3.3.3 Rocket Electric (Korea)3.3.4 STMicroelectronics (Switzerland)3.3.5 Cymbet (United States)3.3.6 Imprint Energy (United States)3.3.7 FlexEl (United States)3.3.8 Chinese Firms3.3.9 Gone but not Forgotten3.4 Research Into Alternative Thin-film Batteries3.5 Displays for Powered Smart Cards: Latest Developments3.5.1 What We’re Hearing: New Options for Size and Color3.6 Update on Display Technologies for Powered Smart Card3.6.1 Electrophoretic Displays3.6.2 Business Old, and New3.6.3 A thought experiment: Liquivista3.6.4 Electrochromic Displays3.6.5 LCDs in Smart Cards: Ubiquitous Enough?3.6.6 LEDs3.6.7 Are OLEDs Viable?3.7 Other Components: Solar, Biometric Sensors, Keypads, etc.3.7.1 Buttons3.7.2 Solar Cells3.7.3 Biometric Sensors3.8 Powered Smart Cards as Platform3.9 Current and Future Powered Smartcard Products3.9.1 Watershed: Oberthur + NagraID Deal3.9.2 The Old Guard3.10 Seven Start-ups Seeking Validation3.10.1 Dynamics3.10.2 Powered Card Solutions3.10.3 Coin3.10.4 Plastc3.10.5 Stratos/Protean3.10.6 Mt. Gox/Bitcoin3.10.7 Omne3.11 Key Points from this ChapterChapter Four: Eight-Year Forecasts and Market Sector Analysis for Powered Smart Cards4.1 Key Factors Driving Powered Smart Card Use4.1.1 Framing the Market4.2 Forecasting Methodology4.2.1 Assumptions and Scenarios4.3 Eight-Year Forecast of Worldwide Powered Smart Cards4.3.1 Mobile vs. E-Commerce: A Push4.4 Powered Smart Card Shipment and Revenue Forecasts by Application4.4.1 Beyond OTP: Still Waiting4.4.2 Who Pays?4.5 Powered Smart Card Shipment and Revenue Forecast by Region4.5.1 Europe4.5.2 United States4.5.3 Asia-Pacific4.6 Forecast of Batteries for Powered Smart Cards4.6.1 Printed Batteries4.6.2 Thin-Film Batteries4.7 Summaries of Battery Markets for Powered Smart Cards4.8 Forecast of Displays for Powered Smart Cards4.8.1 Electrophoretic and Related Displays4.8.2 Electrochromic Displays4.8.3 LCDs in Powered Smart Cards4.8.4 LED Displays in Powered Smart Cards4.8.5 Aggregate Forecast of Displays in Powered Cards by Type of DisplayAcronyms and Abbreviations Used in this ReportAbout the AuthorsList of ExhibitsExhibit E-1: Advantages and Disadvantages of Powered Smart Cards.Exhibit E-2: Pros and Cons of OTP via Powered Smart Card vs, Smartphones.Exhibit E-3: Powered Smart Cards Shipment by Region 2014-2021.Exhibit 3-1: Performance Requirements for Thin-Film/Printed Batteries by Application.Exhibit 4-1: Worldwide EMV Deployment and Adoption.Exhibit 4-2: GDP Growth Estimates from the World Bank.Exhibit 4-3: Analysis of Smart Card Market 2014-2021.Exhibit 4-4: Powered Smart Cards by Application 2014-2021.Exhibit 4-5: Powered Smart Cards by Region 2014-2021.Exhibit 4-6 Printed Batteries in Powered Smart Cards 2014-2021.Exhibit 4-7: Thin-Film Batteries in Powered Smart Cards 2014-2021.Exhibit 4-8: Summary of Volume of Batteries in Powered Smart Cards 2014-2021 (Millions)Exhibit 4-9: Summary of Market Value of Batteries in Powered Smart Cards 2014-2021 ($ Millions)Exhibit 4-10: Analysis of Addressable Market for Displays in Powered Smart Cards 2014-2021Exhibit 4-11: Electrophoretic and Related Displays in Powered Smart Cards 2014-2021.Exhibit 4-12: Electrochromic Displays in Powered Smart Cards 2014-2021.Exhibit 4-13: Liquid Crystal Displays in Powered Smart Cards 2014-2021.Exhibit 4-14: LED/OLED Displays in Powered Smart Cards 2014-2021.Exhibit 4-15: Summary of Quantity of Displays in Powered Smart Cards 2014-2021 (Millions)Exhibit 4-16: Summary of Market Value of Displays in Powered Smart Cards 2014-2021 ($ Millions)