TechNavio today launched its Smart Card Market in Japan 2011“2015 report based on an in-depth study focusing exclusively on Japan. The report aims to aid decision makers™ understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio™s Embedded Systems team said; There is a trend of smart cards being introduced for some niche applications such as in Healthcare and Gaming sectors. Currently, both applications are in their nascent stages when compared with the other mentioned applications. There are also cases of smart cards being introduced for Machine 2 Machine (M2M) applications. In line with the current trend, more sectors are expected to use smart cards for numerous applications.
According to the report, the use of Near Field Communication (NFC) technology in the market will create a demand for NFC-enabled handsets and for SIM cards with higher capacities in the coming years. With the support of the top three mobile network operators (MNOs) in the country, service providers will start looking at implementing NFC projects in the country. As a result of the implementation of a global standard, international smart card participants will also be able to penetrate the market further, which to date was restricted by the dominance of the FeliCa standard. With the announcement of the top three MNOs in the country providing NFC services, there are already scheduled plans for NFC projects across the country. The following are some of the proposed projects for 2012.
Further, the report also discusses that lack of interoperability of smart cards can act as a barrier for the growth of this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/smart-card-market-japan-2011-2015
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TechNavio Announces the Publication of its Report “ Smart Card Market in Japan 2011“2015
