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Green and Recycled Mobile Phone Market 2015 to grow at CAGR of 17% by 2019

Market outlook of the global green and recycled mobile phone market

The global market for green and recycled mobile phones is expected to witness encouraging growth during the forecast period and is envisaged to post an impressive CAGR of nearly 17% by 2019. The introduction of initiatives such as the e-cycle and e-stewards certification to reduce the illegal and improper disposal of e-wastes is expected to foster growth in this market during the forecast period.

Augmented production of mobile phones is the key driver for the growth of this market. With the rise in mobile phone manufacturing, the amount of e waste generated also increases. The improper disposal of such waste products not only raises environmental concerns but also leads to resource depletion. Therefore, in order to overcome supply shortage during the manufacturing process, many enterprises are increasing focusing on the recycling of waste materials such as metal, batteries, and plastic.

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Material-based segmentation of the green and recycled mobile phone market

Market research analyst has estimated the plastic segment to account for more than 42% of the total market share by 2019. High market share of this segment can be attributed to factors like its ability to make the phone resistant to damage and its capacity to bring down the manufacturing cost.

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Geographical segmentation of the green and recycled mobile phone market

In this market research report, analysts estimate the Americas to lead the global market for green and recycled mobile phones during the forecast period. Rising consumer awareness pertaining to the importance of handling e-waste is a critical factor that drives growth in this region and results in its high market share of almost 53% by 2019.

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Competitive landscape and key vendors

This market is highly competitive and is dominated by a few key players like Arrow and Cloudblue. The rapid penetration of mobile phones across the globe is expected to play a vital role in increasing the demand for e-waste management. On an average, a customer uses a mobile phone for about two years before purchasing a new product. This leads to an increase in the volume of waste being generated, which in turn brings about market growth during the forecast period.

Leading vendors analyzed in this market research are –
Arrow electronics
Cloudblue technologies
Corporate Mobile Recycling
SIMS Recycling Solutions Holdings Inc
Other prominent vendors mentioned in this market study are Mazuma Mobile, ReCell One Inc., and ReCellular Inc.

Smart Card market in the Telecom sector 2015 to grow at a CAGR of 4.98% by 2019

Global Smart Card Market in Telecom Sector 2015-2019

About Smart Card:-

Smart card is a pocket-sized card, generally made of plastic, which is embedded with integrated circuits or microchips. It is used for authentication, identification, data storage, and application processing. Smart cards are classified into two types: contact-based and contactless. Contact-based smart cards have a contact area of approximately 1 square cm. These cards are inserted into the smart card reader. Contactless smart cards are embedded with integrated circuits that process and store data and communicate with a terminal via radio frequencies. These cards are used by employing a radio frequency between card and the reader that needs no physical insertion of the card. Therefore, contactless smart cards have faster applications and are user-friendly. Contactless smart cards are widely accepted and used by some of the major sectors such as BFSI, Government, Transportation, Healthcare, and Defense.

Global Smart Card market in the Telecom sector to grow at a CAGR of 4.98 percent over the period 2014-2019.

There is profound demand for smart cards in the Telecom sector across the world. The largest contributor in the market, in terms of both revenue and shipment, is the APAC region, followed by Europe. Swift technological improvements, such as twin smart cards and near-field communication cards, are supporting the growth of the market in this sector.

“The need to carry multiple cards is eliminated with the use of twin cards because these cards share storage and processing of information,”

“Data and information consolidated in a single smart card also enables ease of handling. The availability of twin cards is expected to support the growth of the Global Contactless Smart Card market.”

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Covered in this Report:-

This report covers the present scenario and the growth prospects of the Global Smart Card market in the Telecom sector for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of smart cards in the Telecom sector. The report does not include revenue generated from the sales of contactless smart cards in the Telecom sector.

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

Key Market Drivers

Increased Need to Reduce Identity Duplication
Increased Use of Personal Devices for Financial Transactions
Need for User-friendly Interface
Increased Use of Electronic Purses

Key Market Trends

Increased Adoption of NFC Payments
High Adoption of M-commerce
Availability of Twin Smart Cards
Advances in Technology

Key Market Vendors

Gemalto NV
Giesecke & Devrient GmbH
Morpho SA
Oberthur Technologies
Watchdata System Co. Ltd.

To define the market circumstances 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.