- In July 2024, IDEMIA introduced the Starlight payment card, which is the first network-certified card to use OLED technology, enhancing the contactless payment experience. This innovative card features an illuminating effect powered entirely by the NFC field, removing the need for a battery. Certified by Mastercard and Visa and compliant with ISO standards, the Starlight card supports various payment methods, including contactless transactions. As consumer demand for unique card designs continues to grow, IDEMIA seeks to redefine payment card aesthetics and help banks and FinTech companies strengthen their customer relationships in a digital-first environment
- In May 2023, HID launched Seos Bamboo access security cards, made from sustainably sourced bamboo as an alternative to traditional PVC. This move underscores the company's commitment to sustainability. Certified by the Forestry Stewardship Council (FSC), these eco-friendly cards are designed to address the rising demand for renewable materials in security solutions. Seos Bamboo cards are compatible with various green building certifications, such as LEED and BREEAM, aiming to lower environmental impact while upholding high security standards for physical access control
- In May 2023, Up introduced a new debit card made from 82% recycled materials and announced a partnership with waste-data startup Seabin, emphasizing the digital bank's focus on attracting eco-conscious consumers. Customers who use their 2Up joint account on Up can now request a physical debit card crafted primarily from recycled plastic, packaged in a recyclable mailer
- In October 2022, Toppan, a global leader in communication, security, packaging, décor, and electronics solutions, collaborated with the National Institute of Information and Communications Technology (NICT) to develop PQC CARD, the world's first smart card equipped with post-quantum cryptography. This advanced technology is resistant to even the processing power of quantum computers. The organizations also verified the card's effectiveness by applying it to control access to H-LINCOS, a system designed for the secure long-term storage and exchange of healthcare data
Frequently Asked Questions
The market is segmented based on Segmentation, By Type (Contact Cards, Contactless Cards, and Multi-Component Cards), Material (Polyvinyl Chloride (PVC), Polycarbonate (PC), Acrylonitrile Butadiene Styrene (ABS), Polyethylene Terephthalate Glycol (PETG), and Others), Application (Transportation, BFSI, Telecommunication, Retail, Healthcare, Hospitality, and Others) - Industry Trends and Forecast to 2032
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The Global Smart Card Materials Market size was valued at USD 1.20 USD Billion in 2024.
The Global Smart Card Materials Market is projected to grow at a CAGR of 3.2% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.