QYR in News

Smart cards mainly include SIM cards, financial IC cards, various types of industry applications such as cards and other categories, may be some of the ‘trend-setter’ will mistakenly think that the gradual popularity of financial electronic transactions and other non-traditional physical card applications will obviously impact on the traditional smart card market, in fact, not, from the global point of view, in recent years, smart card shipments have always been stabilised at around 9.5 billion. And according to the well-known market research organisation QYResearch forecast data, thanks to the wide application of smart card technology in a number of fields such as finance, telecoms, public transport, identity authentication, etc., it is expected that the compound annual growth rate (CAGR) of the smart card market is expected to be 3.4% during the period 2024-2029.

Source: Baidu
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