Product Code: ETC081885 | Publication Date: Jun 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Malaysia Smart Card Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 0.10% in 2025, the market peaks at 0.14% in 2027, and settles at 0.10% by 2029.
The Smart Card market in Malaysia is projected to grow at a stable growth rate of 0.14% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The Malaysia smart card market is expected to grow at a CAGR of 12.9% from 2018 to 2024. The growth in the market can be attributed to increasing government initiatives for financial inclusion, rise in adoption of contactless payment cards and NFC technology, and growing demand for secure transactions and access control applications across the country. Furthermore, increasing investments by domestic players as well as international players such as Gemalto NV are likely to contribute significantly toward market growth over the forecast period (2018-2024). Additionally, growing adoption of mobile payment solutions using Near Field Communication (NFC) enabled devices have further increased opportunities for this market in Malaysia
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Smart Card Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Smart Card Market Revenues & Volume, 2020 & 2027F |
3.3 Malaysia Smart Card Market - Industry Life Cycle |
3.4 Malaysia Smart Card Market - Porter's Five Forces |
3.5 Malaysia Smart Card Market Revenues & Volume Share, By Types, 2020 & 2027F |
3.6 Malaysia Smart Card Market Revenues & Volume Share, By Component, 2020 & 2027F |
3.7 Malaysia Smart Card Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Malaysia Smart Card Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Smart Card Market Trends |
6 Malaysia Smart Card Market, By Types |
6.1 Malaysia Smart Card Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Smart Card Market Revenues & Volume, By Types, 2018 - 2027F |
6.1.3 Malaysia Smart Card Market Revenues & Volume, By Contact Cards, 2018 - 2027F |
6.1.4 Malaysia Smart Card Market Revenues & Volume, By Contactless cards, 2018 - 2027F |
6.1.5 Malaysia Smart Card Market Revenues & Volume, By Multi-component cards, 2018 - 2027F |
6.2 Malaysia Smart Card Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Smart Card Market Revenues & Volume, By Memory-based, 2018 - 2027F |
6.2.3 Malaysia Smart Card Market Revenues & Volume, By Microcontroller-based, 2018 - 2027F |
6.3 Malaysia Smart Card Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Smart Card Market Revenues & Volume, By BFSI, 2018 - 2027F |
6.3.3 Malaysia Smart Card Market Revenues & Volume, By Government, 2018 - 2027F |
6.3.4 Malaysia Smart Card Market Revenues & Volume, By Telecommunication, 2018 - 2027F |
6.3.5 Malaysia Smart Card Market Revenues & Volume, By Retail, 2018 - 2027F |
6.3.6 Malaysia Smart Card Market Revenues & Volume, By Healthcare, 2018 - 2027F |
6.3.7 Malaysia Smart Card Market Revenues & Volume, By Hospitality, 2018 - 2027F |
7 Malaysia Smart Card Market Import-Export Trade Statistics |
7.1 Malaysia Smart Card Market Export to Major Countries |
7.2 Malaysia Smart Card Market Imports from Major Countries |
8 Malaysia Smart Card Market Key Performance Indicators |
9 Malaysia Smart Card Market - Opportunity Assessment |
9.1 Malaysia Smart Card Market Opportunity Assessment, By Types, 2020 & 2027F |
9.2 Malaysia Smart Card Market Opportunity Assessment, By Component, 2020 & 2027F |
9.3 Malaysia Smart Card Market Opportunity Assessment, By Application, 2020 & 2027F |
10 Malaysia Smart Card Market - Competitive Landscape |
10.1 Malaysia Smart Card Market Revenue Share, By Companies, 2020 |
10.2 Malaysia Smart Card Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |