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Smart Card Market with COVID-19 Impact by Interface, Type, Functionality, Offering, Vertical, and Region


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The smart card market is projected to reach USD 16.9 billion by 2026 from USD 13.9 billion in 2021; it is expected to grow at a CAGR of 4.0% from 2021 to 2026.
Asia Pacific (APAC) is the largest market for smart cards. The robust financial system that is being increasingly digitized and government agencies incorporating smart chip-based systems for better monitoring of processes are propelling several APAC countries to adopt smart card solutions owing to increasing demand, specifically in the transportation, BFSI, retail, government, and healthcare sectors. Smart cards are used to purchase tickets in metros, buses, and ferries, among others, in several countries in APAC. ....

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The Worldwide Audio Codec Industry is Expected to Grow at a CAGR of 5.5% Between 2020 to 2025


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The audio codec market was valued at USD 6.8 billion in 2020 and is projected to reach USD 7.8 billion by 2025; it is expected to register a CAGR of 5.5% from 2020 to 2025.
Some of the Factors such as penetration of internet users which are generating traffic, demand for telecommunication devices and products as there are restrictions globally amidst the pandemic and consumer trends inclined for IoT enabled smartphones and related devices.
Audio codec market for headset, hearables and wearable devices application to grow at highest CAGR during forecast period
The audio codec market for headset, hearables and wearable devices application is expected to grow at the highest CAGR during the forecast period considering the surge in the demand for wireless electronic products such as earplugs, smart watches, bluetooth speakers and others. Many automotive companies are diversifying their bu ....

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