Feeds

European smartcard sales to top one billion by 2004

We're off to open a shop

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

The European smartcard market is forecast to top one billion by 2004.

According to a report by IDC, a total of 284 million units were shipped in Europe in 1999 - up 44 per cent on the previous year.

"While traditional applications such as banking and telecommunications continue to fuel steady growth for smart cards vendors, emerging applications such as mobile commerce and security are about to trigger a new phase of development for the smart cards industry," said Eric Ochs, general manager of IDC France.

"Although Europe has been the cradle of smart card technology and applications, much higher growth is building up in other regions, and by 2005, Europe will represent less than half of the worldwide smart card market," he added.

The Asian market is expected to outperform North America up until 2002, when it will then start catching up. China is seen as the most promising market.

The high penetration of mobile phones in Western European markets over the past five years has helped drive demand for smartcards. Another boost is the need for secure access and identification in e-commerce. ®

Internet Security Threat Report 2014

More from The Register

next story
Bladerunner sequel might actually be good. Harrison Ford is in it
Go ahead, you're all clear, kid... Sorry, wrong film
Euro Parliament VOTES to BREAK UP GOOGLE. Er, OK then
It CANNA do it, captain.They DON'T have the POWER!
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
Forget Hillary, HP's ex CARLY FIORINA 'wants to be next US Prez'
Former CEO has political ambitions again, according to Washington DC sources
prev story

Whitepapers

10 ways wire data helps conquer IT complexity
IT teams can automatically detect problems across the IT environment, spot data theft, select unique pieces of transaction payloads to send to a data source, and more.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Choosing a cloud hosting partner with confidence
Download Choosing a Cloud Hosting Provider with Confidence to learn more about cloud computing - the new opportunities and new security challenges.