Semiconductor

  Overview The smart card reader market will witness a healthy growth from 2018 to 2024, a research report suggests. Growing at a CAGR of 40.8%, the market is projected to reach US$79,000 million by 2024. Use of blockchain technology is expected to support the market growth along with increasing use of e-commerce apps. As predicted by analysts, the high cost of smart card readers will negatively affect the market’s performance from 2018 to 2024. During the forecast period, the market will be supported by an increase in the use of access cards and the use of blockchain technology for securing the data. Compatibility issues on the other hand will challenge card machine sector based organizations functioning in the global  smart card reader software market . Analysts have split the market into application, technology, and type segments based on products and services. Card machine based companies have been profiled. Security concerns related to contactless smart card reader techno...