Author: Press Release

Global Smart Textiles Market 2015-2019

About smart textiles

Smart textiles, also known as technical textiles or interactive textiles, are fabrics incorporated with electronic components for applications such as monitoring, illumination, sensing, communication, and related uses. These textiles are used in the military and protection, architecture, sports and fitness, transportation, fashion and entertainment, medical, and others sectors.

Global smart textiles market to grow at a CAGR of 18.20 percent over the period 2014-2019.

About the Report

Smart garment medical devices like t-shirts, socks, stockings and insoles are manufactured to monitor the physiological condition of patients. These smart garments help monitor heart rate, temperature, movement and respiration, motion details and muscle activity.

“Telemedicine monitoring devices have recently seen strong uptake for monitoring a patient’s condition remotely. This demand from the tele-health sector is expected to be a boon for the textile industry through the projected period,”.

Furthermore, the latest market research report draws attention towards the growing need for unique properties in fabrics. Smart textiles are lightweight, flexible and strong, and can be used in a wide range of applications.

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Covered in this report

This report covers the present scenario and the growth prospects of the global smart textiles market for the period 2015-2019. The report provides data on the following segments of the market:

Application (military and protection, fashion and entertainment, transportation, architecture, sports, fitness, medical, and other applications)

Geography (APAC, Europe, North America, and ROW)

Global Smart Textiles Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, Europe, APAC, and the ROW; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

“Textiles are integrated with electronics to produce revolutionary new products to meet the ongoing demand for better equipped materials,”.

Market Scope and Calculation of Market Size

This report covers the present scenario and the growth prospects of the global smart textiles market from 2015-2019. To arrive at the rankings of the major vendors in the market, the report considers the revenue generated by these vendors.

Key Information Covered in the Report:

Key Vendors:

Infineon Technologies
Ohmatex ApS
Texas Instruments

Smart Card Market in the APAC Region 2015-2019

A smart card is a pocket-sized card, generally made of plastic, and is embedded with integrated circuits, also known as microchips. Smart cards are used for security purposes for authentication, identification, data storage, and application processing. They are widely used in sectors such as BFSI, Government, Transportation, Healthcare, and Defense. These cards are broadly classified into two types: contact-based and contactless. Contact-based smart cards have a contact area of approximately 1 square cm. These cards are used by inserting into a smart card reader. On the other hand, contactless smart cards are used by employing radio frequency between cards and a reader, which needs no physical insertion of the cards. Therefore, contactless smart cards have faster applications and are more user-friendly than contact-based smart cards.

Smart Card market in the APAC region to grow at a CAGR of 5.6 percent over the period 2014-2019.

One of the major trends in APAC is the increased usage of e-purses to eleminate the need for carrying cash. To add to this, heightened e-commerce activity in the APAC region is making consumers aware of its safeguard features and benefits. These developments are encouraging banks to issue smart cards instead of the traditional magnetic tape-based debit and credit cards.

Made of plastic, smart cards are being used for security, authentication, identification, data storage, and application processing. Magnetic tapes in debit and credit cards can be tampered with, leading to monetary loss and insecure transactions. Hence, the need for a tamper-resistant information storage system is driving the adoption of smart cards. As the technology used in smart cards improves further, the demand for smart cards is expected to grow over the years.

“As a downside of advances in technology, fraudulent systems have also emerged leading to an increase in the number of cases of fraud and forgery,”.

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“Therefore, there is an urgent need for a solution that makes it difficult to duplicate date. Data available in smart cards are difficult to decode and are, hence, safe even in the eventuality of a theft or misplacement. Thus, the adoption of smart cards is finding growing relevance, especially in the Government sector.”

Covered in this Report

This report covers the present scenario and the growth prospects of the Smart Card market in the APAC region for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of the following type of smart cards:

Contact-based
Contactless

The report consolidates the revenues generated from the following major sectors:

BFSI Sector
Government Sector
Transportation Sector

Smart Card Market in the APAC Region 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the Smart Card market in the APAC region and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

To define the market conditions in the next 3-4 years, Our analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.