Security Driving Smart Card Growth: Report

Security Driving Smart Card Growth: Report - www.esecurityplanet.com:
Smart cards for security and transactional applications are already a huge business, but the latest technology advances promise to make the credit card-sized products even more ubiquitous.

ABI Research estimates a whopping 5.2 billion smart cards shipped in 2009, with technology advances and customer demand set to grow that number in years to come. Smart card applications include SIM cards (for mobile devices), payment and banking, government ID, and transportation among others. The total smart card market is worth about $1.7 billion, according to ABI Research's Smart Card Market Data report.