| Product Code: ETC5561512 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Belgium continued to import a significant amount of smart card ICs, with top suppliers being Netherlands, Germany, Japan, Taiwan, and China. The market displays high concentration with a high Herfindahl-Hirschman Index (HHI). However, the industry experienced a notable decline with a negative compound annual growth rate (CAGR) of -21.9% from 2020 to 2024. The growth rate for 2023-24 was particularly steep at -28.37%, reflecting challenges and changes in the smart card IC import market dynamics.

| 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 Belgium Smart Card IC Market Overview | 
| 3.1 Belgium Country Macro Economic Indicators | 
| 3.2 Belgium Smart Card IC Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Belgium Smart Card IC Market - Industry Life Cycle | 
| 3.4 Belgium Smart Card IC Market - Porter's Five Forces | 
| 3.5 Belgium Smart Card IC Market Revenues & Volume Share, By Type , 2021 & 2031F | 
| 3.6 Belgium Smart Card IC Market Revenues & Volume Share, By Architecture , 2021 & 2031F | 
| 3.7 Belgium Smart Card IC Market Revenues & Volume Share, By Application , 2021 & 2031F | 
| 3.8 Belgium Smart Card IC Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F | 
| 4 Belgium Smart Card IC Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing adoption of contactless payment methods | 
| 4.2.2 Growing demand for secure identification and authentication solutions | 
| 4.2.3 Government initiatives promoting the use of smart cards in various sectors | 
| 4.3 Market Restraints | 
| 4.3.1 High initial implementation costs | 
| 4.3.2 Concerns regarding data privacy and security | 
| 4.3.3 Competition from alternative technologies like mobile payments | 
| 5 Belgium Smart Card IC Market Trends | 
| 6 Belgium Smart Card IC Market Segmentations | 
| 6.1 Belgium Smart Card IC Market, By Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Belgium Smart Card IC Market Revenues & Volume, By Microprocessor, 2021-2031F | 
| 6.1.3 Belgium Smart Card IC Market Revenues & Volume, By Memory, 2021-2031F | 
| 6.2 Belgium Smart Card IC Market, By Architecture | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Belgium Smart Card IC Market Revenues & Volume, By 16-bit, 2021-2031F | 
| 6.2.3 Belgium Smart Card IC Market Revenues & Volume, By 32-bit, 2021-2031F | 
| 6.3 Belgium Smart Card IC Market, By Application | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Belgium Smart Card IC Market Revenues & Volume, By USIMs/eSIMs, 2021-2031F | 
| 6.3.3 Belgium Smart Card IC Market Revenues & Volume, By ID Cards, 2021-2031F | 
| 6.3.4 Belgium Smart Card IC Market Revenues & Volume, By Financial Cards, 2021-2031F | 
| 6.4 Belgium Smart Card IC Market, By End-user Industry | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 Belgium Smart Card IC Market Revenues & Volume, By Telecommunications, 2021-2031F | 
| 6.4.3 Belgium Smart Card IC Market Revenues & Volume, By BFSI, 2021-2031F | 
| 6.4.4 Belgium Smart Card IC Market Revenues & Volume, By Government & Healthcare, 2021-2031F | 
| 6.4.5 Belgium Smart Card IC Market Revenues & Volume, By Transportation, 2021-2031F | 
| 6.4.6 Belgium Smart Card IC Market Revenues & Volume, By Education, 2021-2031F | 
| 6.4.7 Belgium Smart Card IC Market Revenues & Volume, By Retail, 2021-2031F | 
| 7 Belgium Smart Card IC Market Import-Export Trade Statistics | 
| 7.1 Belgium Smart Card IC Market Export to Major Countries | 
| 7.2 Belgium Smart Card IC Market Imports from Major Countries | 
| 8 Belgium Smart Card IC Market Key Performance Indicators | 
| 8.1 Number of new partnerships and collaborations in the smart card IC industry | 
| 8.2 Adoption rate of smart card IC technology in government projects | 
| 8.3 Percentage increase in the use of smart card ICs for secure access control systems | 
| 9 Belgium Smart Card IC Market - Opportunity Assessment | 
| 9.1 Belgium Smart Card IC Market Opportunity Assessment, By Type , 2021 & 2031F | 
| 9.2 Belgium Smart Card IC Market Opportunity Assessment, By Architecture , 2021 & 2031F | 
| 9.3 Belgium Smart Card IC Market Opportunity Assessment, By Application , 2021 & 2031F | 
| 9.4 Belgium Smart Card IC Market Opportunity Assessment, By End-user Industry, 2021 & 2031F | 
| 10 Belgium Smart Card IC Market - Competitive Landscape | 
| 10.1 Belgium Smart Card IC Market Revenue Share, By Companies, 2024 | 
| 10.2 Belgium Smart Card IC Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |