ABI: 5.2 billion smart cards shipped in 2009
In total, 5.2 billion microcontroller and memory-based smart cards shipped into applications such as SIM cards, payment and banking, government ID, and transportation, among others. At the same time, the IC market was worth US$ 1.7 billion (EUR 1.3 billion), according to the latest metrics from ABI Research’s Smart Card Market Data.
On the card side, Gemalto maintained its clear position as the number one manufacturer, with an estimated 33.8% market share, while Morpho (previously Sagem Orga) gained the most market share (up 1.8%) to consolidate its fourth position. Meanwhile, with 26.3%, Infineon continued to account for the most revenue among the IC manufacturers while in unit terms, Samsung’s strong position in SIM cards saw it capture 34% of IC volumes.
ABI Research Principal analyst John Devlin says, “Last year’s market conditions were unusual. While the smart card market largely weathered the recession in terms of consumer demand, the IC market took a hit on two fronts. First, both card manufacturers and issuers ran down their inventories as they assessed the impact of the credit crunch. Second, price pressure increased greatly as IC manufacturers looked to fill plant capacity and maintain orders. Combined, these factors saw the value of the market fall by more than was expected.” ABI anticipates that IC revenues will grow nearly 14% in 2010.”