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(IT-NEWSWIRE.COM, March 18, 2018 ) EMV - stands for Europay, MasterCard and Visa. It is a globally set standard for credit & debit cards integrated with computer chips. This technology is used for authenticating chip-card transactions. Rising concern regarding numerous data breach cases on a large-scale and burgeoning rates of forged card fraud, the U.S card issuers have shifted to this new technology in order to secure consumers data and cut down upon the costs of fraud.
One of the major driving factor fueling the growth of EMV card consumption is demand for safer & secure transaction, all retail stores, restaurants, and travel booking mobile apps due to their safety aspects and EMV stores their information in microprocessor smart chips and are encrypted to protect that data. In addition to this there are several other factors surging the growth of EMV card consumption are rising concern regarding numerous data breach cases on large scale, consumer opting for plastic money for transactions on smartphones and tablets and growing e-commerce sales and mobile point-of-sale system shipments results in demand for EMV cards. However, the factor hindering the growth of EMV card consumption is higher cost. The authentication and access management is expected boost the market over the forecasted period.
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The report aims to provide an overview of Global EMV Cards Consumption Market along with detailed segmentation of market by types and five major geographical regions. Global EMV cards consumption market is expected to witness growth during the forecast period due to rising security threat in the BFSI industry.
EMV Cards Consumption Market Players:
1. Cardzgroup
2. ABnote
3. Gemalto
4. CPI Card
5. Giesecke & Devrient
6. Oberthur Technologies
7. Perfect Plastic Printing
8. Versatile Card Technology
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The objectives of this report are as follows:
-To provide overview of the global EMV Cards Consumption market
-To analyze and forecast the global EMV Cards Consumption market on the basis of product type
-To provide market size and forecast till 2025 for overall EMV Cards Consumption market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries
-To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
-To provide exhaustive PEST analysis for all five regions
-To profiles key EMV Cards Consumption players influencing the market along with their SWOT analysis and market strategies
View Complete Report at http://www.theinsightpartners.com/reports/emv-cards-consumption-market
About The Insight Partners:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
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Source: EmailWire.Com 
Source: EmailWire.com
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