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The global smart card market is expected to grow at a compound annual growth rate of 6.82% over the forecast period to reach a market size of US$14.114 billion in 2026 from US$8.894 billion in 2019.
The market is expected to surge in the coming years, because of the rise in the need for security applications and services, that employs critical and imperative information and data, documents, and several other credentials. The adoption of contactless smart card technology is also expected to be a major factor in overall market growth. The market is also expected to surge because of the rise and advancement in the financial and banking sector, worldwide. According to the world bank, a robust banking structure, and system, efficiently flow and send funds towards their productive tasks and uses, maintain financial safety nets, help governments raise investment capital, and speed payments, globally.
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Pune, India, April 30, 2021 (GLOBE NEWSWIRE) The global
abrasives market size is expected to gain momentum by reaching USD 58,363.7 million by 2028 while exhibiting a CAGR of 5.8% between 2021 and 2028. Fortune Business Insights in its latest report, titled, Abrasives Market, 2021-2028. , mentions that the market stood at USD 37,317.1 million in 2020 and is likely to showcase significant growth in the forthcoming years. This is attributable to the increasing product demand from the construction industry worldwide.
The drastic effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. The lockdown imposed by the government agencies has led to several industries facing halted industrial operations. However, a collective effort from the government and the industries is likely to bring the economy back on track and aid in the resumption of industrial activities.
Russia Gas Generator Market to Touch $196.09 Million by 2028; Soaring Investments in Renewables in Russia to Prove Beneficial for the Market: Fortune Business Insights™
Key Companies Covered in Russia gas generator market are Yanmar Holdings Co., Ltd. (Japan),Atlas Copco (Sweden),KOHLER-SDMO (France),HIMOINSA (Spain),Caterpillar Inc. (The U.S.),TSS Group (Russia),FG Wilson (The U.K),Generac Power Systems (The U.S.),Cummins Inc. (The U.S.) and others
/EIN News/ Pune, India, April 30, 2021 (GLOBE NEWSWIRE) The
USD 196.09 million by 2028, exhibiting a CAGR of
5.3% during the forecast period, states Fortune Business Insights™ in its report, titled “Russia Gas Generator Market, 2021-2028”. The report also states that the value of this market stood at
/PRNewswire/ The "Smart Card Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com s offering. The global smart card market.