Aurora Scientific ::: Markets ::: Smart Card

Smart Card Technologies
and Markets Worldwide

Amit Gud

Published May 2003

INTRODUCTION

STUDY, GOAL AND OBJECTIVE

BCC's goal in conducting this study was to determine the current status of the worldwide smart card industry and assess its growth potential over a 7-year period from 2000 to 2007. We were particularly interested in knowing what is happening in the smart card market and knowing how smart card projects are implemented worldwide. In addition, we were interested in the market potential for emerging smart card technologies. The goal of the study also involves knowing and understanding different technologies that are available and in use.

Our key objective was to present a comprehensive analysis of the current smart card market and its future direction.

REASONS FOR DOING THE STUDY

Smart card is the most sophisticated and advanced technology used mainly for payment and authentication purposes. The smart card market is growing at an amazing pace, and we are interested in knowing the trends this market will follow. It will be also interesting to know how smart cards are being utilized for enhancing our daily lives and businesses and making them secure.

CONTRIBUTION OF THE STUDY AND FOR WHOM

This study is an extensive and complete data that defines and explains how the smart card industry is developing and what its prospects are in the long term (2003 to 2007). The study includes the market findings of smart card projects implemented worldwide and also encompasses smart card usage and its acceptance by the public. The importance of the smart card and its features have been scaled in technology terms.

This study can be of immense help to companies that are into card manufacturing, chip manufacturing, system integration and for the companies dealing with security issues. This study can additionally be of help to project managers, system developers and distributors who wish to exploit smart card as one of their options. Government institutions and private company owners can also benefit from this study for securing and simplifying their work by the use of the smart card.

SCOPE AND FORMAT

The scope of the study includes major smart card technologies, smart card types, platforms, its standards and various applications of smart card. A major focus of the report is the market scenario of the smart card industry. This report discusses various smart card projects that are being implemented or that have been planned around the world.

The report is divided into easy-to-follow chapters such as overview, applications, markets etc., while the markets are divided geographically and breakdowns are given by region.

INFORMATION SOURCES

The report sources its information from various companies' press releases, annual reports and news from periodicals as well as websites over a period of time. The report has also sourced various companies' public relations officers for the specific queries and figures required for the report.

The technical portion has been sourced and referred from company white papers and magazine articles, while the market data is based upon press releases and direct press contacts.

AUTHOR CREDENTIALS

Amit Gud is a freelance writer and editor working with various magazines and e-zines worldwide. His expertise includes technical writing covering smart cards, banking, offshore and hedge funds along with lifestyle features and world affairs. Mr. Gud is also currently a contributing editor for Card Technology magazine, India correspondent for Fundnexus.com, and writes regularly for various other community newspapers. His works have been published in The Indian Express and The Mid-Day, two of India's top newspapers, in Miniworld and English Zone, Japanese lifestyle magazines, Publisher's Auxiliary, a newspaper community magazine, Vision Magazine, and others.

INTRODUCTION	XVII
STUDY, GOAL AND OBJECTIVE	XVII
REASONS FOR DOING THE STUDY	XVII
CONTRIBUTION OF THE STUDY AND FOR WHOM	XVII
SCOPE AND FORMAT	XVIII
INFORMATION SOURCES	XVIII
RELATED BCC REPORTS	XVIII
AUTHOR CREDENTIALS	XIX
BCC ONLINE	XIX
SUMMARY	XX
Summary Table: GLOBAL SMART CARD MARKET: SHIPMENTS AND VALUE, THROUGH 2007 (MILLIONS)	XX
Summary Figure: GLOBAL SMART CARD MARKET: SHIPMENTS AND VALUE, 1999-2007 ($ MILLIONS)	XXI
SMART CARD OVERVIEW	1
HISTORY	1
WHAT IS A SMART CARD?	2
PARTS OF A SMART CARD	2
Figure 1 SMART CARD CONSTRUCTION	2
Figure 2 TYPICAL SMART CARD INTEGRATED CIRCUIT PARTS	3
The Micromodule	4
Micromodule Components	4
Read Only Memory (ROM)	4
Random Access Memory (RAM)	5
Application Memory	5
Chip Operating System (COS)	5
COS Families	5
TYPES OF SMART CARDS	6
Figure 3 TYPES OF SMART CARDS	6
CONTACT CARDS MARKET	7
Table 1 WORLDWIDE CONTACT CARDS SHIPMENT BY TYPE, THROUGH 2007 (MILLIONS)	7
Table 2 WORLDWIDE CONTACT CARDS MARKET BY TYPE, THROUGH 2007 ($ MILLIONS)	7
Memory Cards	8
Table 3 MEMORY CARD MANUFACTURERS AND MODELS (MODEL NO.)	8
Table 4 WORLDWIDE MEMORY CARD SHIPMENT AND MARKET SHARE BY MANUFACTURER, 2001 (MILLIONS)	9
Table 5 GLOBAL MEMORY CARD PRICES BY MEMORY SIZE, THROUGH 2007 ($)	9
Optical Memory Card	10
Table 6 GLOBAL MEMORY CARD SHIPMENTS BY SECTOR, THROUGH 2007 (MILLIONS)	10
Microprocessor Cards/Multifunctional Cards	11
Table 7 CONVENTIONAL SMART CARD ARCHITECHTURE	11
Table 8 SMART CARD CPU MODELS AND SPECIFICATIONS	11
Table 8 (CONTINUED)	12
Table 9 GLOBAL MICROPROCESSOR CARD SHIPMENT AND MARKET SHARE BY MANUFACTURER, 2001 (MILLIONS)	12
Figure 4 GLOBAL MICROPROCESSOR CARD SHIPMENT AND MARKET SHARE BY MANUFACTURER, 2001 (%)	13
Table 10 CHIP MANUFACTURERS' MARKET SHARE, 2001 (%)	13
Table 11 SMART CARD MANUFACTURERS' MARKET SHARE FOR MEMORY AND MICROPROCESSOR CARDS, 2001 (%)	14
Figure 5 SMART CARD MANUFACTURERS' MARKET SHARE FOR MEMORY AND MICROPROCESSOR CARDS, 2001 (%)	14
Table 12 GLOBAL MICROPROCESSOR CARD SHIPMENTS BY SECTOR, THROUGH 2007 (MILLIONS)	15
Cryptographic Coprocessor Cards	15
CONTACT-LESS CARDS MARKET	16
Table 13 WORLDWIDE CONTACT-LESS CARDS MARKET BY TYPE, THROUGH 2007 ($ MILLIONS)	16
Table 14 WORLDWIDE CONTACT-LESS CARDS SHIPMENT BY TYPE, THROUGH 2007 (MILLIONS)	17
Proximity or Active Cards	17
Vicinity or Passive Cards	18
COMBI CARDS/DUAL-INTERFACE CARDS MARKET	18
Table 15 WORLDWIDE DUAL INTERFACE CARDS SHIPMENT BY TYPE, THROUGH 2007 (MILLIONS)	18
Table 16 WORLDWIDE DUAL INTERFACE CARDS MARKET, THROUGH 2007 ($ MILLIONS)	19
KEY FEATURES AND CHARACTERISTICS	19
Table 17 KEY FEATURES AND CHARACTERISTICS OF SMART CARDS	19
Table 17 (CONTINUED)	20
MAJOR SMART CARD PLATFORMS	20
MULTOS AND JAVA	20
STANDARDS AND SPECIFICATIONS	21
Table 18 PRINCIPLES OF SMART CARD STANDARDS	22
CURRENT STANDARDS	22
PKCS#11: Cryptographic Token Interface Standard	22
PC/SC	22
OpenCard	23
Java Card	23
Common Data Security Architecture	23
Microsoft Cryptographic API	23
Embossed	24
Difference between Opencard and PC/SC	24
OTHER INDUSTRY STANDARD GROUPS	24
GSM	25
CEPS	25
EMV	26
GlobalPlatform	27
Open Platform	28
WHY SMART CARDS?	28
IF…	28
…THEN	29
COMPARISON WITH MAGNETIC STRIPE CARDS	29
Smart Cards	29
Magnetic Stripe Cards	29
Magnetic Stripe Cards (Continued)	30
ADVANTAGES OF SMART CARD	31
Security	31
PKI is Better than Passwords-Smart Cards Enhance PKI	32
Smart Cards Increase the Security of Password-based Systems	32
Two-Factor Authentication, and More	32
Portability of Keys and Certificates	33
Non Repudiation	33
Counting the Number of Private Key Usages	33
Economical	34
Convenience	34
Customization	34
Multifunctionality	35
LIFE CYCLE OF A SMART CARD	35
Figure 6 SMART CARD LIFE CYCLE	35
FABRICATION PHASE	36
PRE-PERSONALIZATION PHASE	36
PERSONALIZATION PHASE	36
UTILIZATION PHASE	36
END-OF-LIFE PHASE (INVALIDATION PHASE)	37
ATTACKS ON SMART CARD	37
LOGICAL ATTACKS	37
PHYSICAL ATTACKS	38
SMART CARD DEVICES	38
Table 19 GLOBAL SMART CARD READER/WRITER SHIPMENTS AND MARKET, THROUGH 2007	39
Table 20 MAJOR POS AND CHIP CARD TERMINALS PROVIDERS, 2000	39
LEGALITIES	40
FUNCTIONS AND APPLICATION AREAS OF SMART CARDS	41
FUNCTIONS	41
SMART CARDS AS A PAYMENT SYSTEM	41
Table 21 CREDIT CARD USE FOR ONLINE PURCHASES BY REGION, 2001 (%)	41
Drive Towards Cashless Society	42
Table 22 CONSUMER PAYMENT DISTRIBUTION, 2001 (%)	42
Benefits of Smart Payment Systems	42
Mondex International and Mondex Cards	43
Barriers for Acceptance of Smart Cards	43
Microtransactions and Micropayments	44
Legal Protection and Liability	44
Table 23 GLOBAL FINANCIAL SMART CARDS BY REGION, THROUGH 2007 (%)	45
Figure 7 GLOBAL FINANCIAL SMART CARDS BY REGION, 2002 AND 2007 (%)	45
Table 24 BANK SMART CARD PERCENTAGES BY REGION, 2001 (%)	45
SMART NETWORKING	46
Table 25 GLOBAL SMART CARDS IN NETWORK SOLUTIONS, THROUGH 2007 (MILLIONS)	47
NATIONAL ID / AUTHENTICATION	47
Table 26 SMART NATIONAL ID CARDS WORLDWIDE	47
Table 26 (CONTINUED)	48
APPLICATION AREAS OF SMART CARDS	48
GLOBAL MARKET BY APPLICATION	48
Table 27 GLOBAL SMART CARD MARKET BY APPLICATION AREA, THROUGH 2007 ($ MILLIONS)	48
Table 28 GLOBAL SMART CARDS IN USE BY APPLICATION AREA, THROUGH 2007 (MILLIONS)	49
FINANCIAL APPLICATIONS	49
RETAIL AND LOYALTY	49
COMMUNICATIONS APPLICATIONS (PREPAID AND GSM)	50
TRANSPORTATION	50
HEALTH CARD	50
GOVERNMENT PROGRAMS	51
INFORMATION SECURITY	51
MULTIMEDIA, PAY TV	51
PHYSICAL ID AND ACCESS	51
UNIVERSITY IDENTIFICATION	51
WORLD MARKET OVERVIEW	52
WORLD MARKETS BY TYPE	52
Table 29 GLOBAL SMART CARD SHIPMENTS BY TYPE, THROUGH 2007 (MILLIONS)	52
Table 30 GLOBAL SMART CARD MARKET BY TYPE, THROUGH 2007 ($ MILLIONS)	52
Figure 8 GLOBAL SMART CARD MARKET BY TYPE, 2000-2007 ($ MILLIONS)	53
WORLD MARKETS BY REGION	53
Table 31 GLOBAL SMART CARD SHIPMENTS BY REGION, THROUGH 2007 (MILLIONS)	53
Table 32 GLOBAL SMART CARD MARKET BY REGION, THROUGH 2007 ($ MILLIONS)	54
Figure 9 GLOBAL SMART CARD MARKET BY REGION, 2000-2007 ($ MILLIONS)	54
Table 33 GLOBAL SMART CARD USAGE BY REGION, THROUGH 2007 ($ MILLIONS)	55
MAJOR REGIONAL SMART CARD MARKETS: U.S.	56
PAYMENT CULTURES AND TRENDS IN THE U.S.	56
U.S. MARKET BY CARD TYPE	56
Table 34 U.S. SMART CARD SHIPMENTS BY TYPE, THROUGH 2007 (MILLIONS)	56
Table 35 U.S. SMART CARD MARKET BY TYPE, THROUGH 2007 ($ MILLIONS)	56
PROJECTS: FUNCTIONS	57
Payment Cards in the U.S.	57
Payment Card Projects	57
Table 36 MAJOR U.S. PAYMENT CARD PROJECTS	57
Target Corp.'s Rollout	57
Amex Blue Card	58
A Citibank Project	58
USAID Initiative	59
Online Shopping	59
Table 37 INTERNET ACTIVITY BY CATEGORY, JULY 2001	59
Table 38 U.S. AVERAGE INTERNET USAGE AT HOME, JULY 2001	60
Payment Cards in Canada	61
First National Rollout in Canada	61
Marketing	62
Technology	62
An Endless Task	62
Authentication Tool	62
National ID Card for the U.S.	63
Lessons learned	63
The Policy	63
Department of Defense Project	64
Overview	64
Platform and COS	65
Hurdles	66
Compatibility	66
Integration	66
Issuing time	66
Airport Security	66
PROJECTS: APPLICATION AREAS	67
Medical Sector	67
Table 39 MAJOR U.S. HEALTH CARD PROJECTS	68
Government Health Projects	68
Department of Veteran Affairs	69
Other Projects	70
Lifestream	70
West Virginia	70
University of Illinois	70
Tests and Upcoming Projects	71
Canadian Government Project	71
MedicAlert	71
N.Y. Clinics	71
Microsoft Project	72
Health Passport Project	72
Transport	72
Table 40 MAJOR U.S. TRANSIT CARD PROJECTS	72
WMATA	72
WMATA(Continued)	73
L.A. County	74
Translink Project	74
State Department of Transportation	75
Chicago Transit	76
Path Trains	76
Specialized and Multi-application Cards	76
University Cards	76
Table 41 MAJOR U.S. UNIVERSITY CARD PROJECTS	77
Table 42 GLOBAL SALES OF SMART CARDS FOR UNIVERSITIES, THROUGH 2007 (MILLIONS)	77
Major Players	77
Implementations	78
Stony Brook University	78
University of Louisville	78
University of Louisville (Continued)	79
University of Louisville (Continued)	80
Major Barrier for Campus Cards	81
The University of Michigan Story	82
Welfare Programs	82
U.S. Patent and Trademark Office	82
COMPANY PROFILES	83
AMERICAN EXPRESS COMPANY	83
Table 43 AMERICAN EXPRESS FINANCIAL REVENUE, FIRST HALF 2002	83
ATMEL CORPORATION	84
Table 44 AMTEL CORP. REVENUE, FIRST HALF 2002 ($ MILLIONS)	84
CITIGROUP INC.	84
Table 45 CITIGROUP REVENUE, FIRST HALF 2002 ($ MILLIONS)	85
CUBIC CORPORATION	85
Table 46 CUBIC CORP. REVENUE, FIRST HALF 2002 ($ MILLIONS)	86
HYPERCOM CORPORATION	86
Table 47 HYPERCOM REVENUE, FIRST HALF 2002 ($ MILLIONS)	87
INFINEON TECHNOLOGIES AG	87
Table 48 INFINEON TECHNOLOGIES REVENUE, FIRST HALF 2002 ($ MILLIONS)	88
INGENICO CORP.	88
LIFESTREAM TECHNOLOGIES, INC.	89
Table 49 LIFESTREAM TECHNOLOGIES REVENUE, FIRST HALF 2002 ($ MILLIONS)	90
MASTERCARD INCORPORATED	90
MIPS TECHNOLOGIES, INC.	90
Table 50 MIPS TECHNOLOGIES REVENUE, FIRST HALF 2002 ($ MILLIONS)	91
MOTOROLA, INC. - TELECOMMUNICATIONS	91
PUBLICARD, INC.	92
Table 51 PUBLICARD REVENUE, FIRST HALF 2002 ($ MILLIONS)	93
RSA SECURITY INC.	93
SCHLUMBERGERSEMA	94
Table 52 SCHLUMBERGERSEMA REVENUE, FIRST HALF 2002 ($ MILLIONS)	94
SIEMENS CORPORATION	94
TEXAS INSTRUMENTS INC.	95
Table 53 TEXAS INSTRUMENTS REVENUE, FIRST HALF 2002 (MILLIONS)	96
VERIFONE, INC.	96
VISA INTERNATIONAL	97
MAJOR REGIONAL SMART CARD MARKETS: EUROPE	98
PAYMENT CULTURES AND TRENDS IN EUROPE	98
U.S. AND EU: A COMPARATIVE STUDY	99
Table 54 CASHLESS PAYMENT INSTRUMENTS IN EU AND U.S., 2001 (PERCENT OF THE TOTAL CASHLESS PAYMENT)	99
Table 55 CARD USAGE AT THE POS TERMINALS IN U.K. AND U.S., 2001	100
EUROPEAN MARKET BY CARD TYPE	101
Table 56 EUROPE SMART CARD SHIPMENTS BY TYPE, THROUGH 2007 (MILLIONS)	101
Table 57 EUROPE SMART CARD MARKET BY TYPE, THROUGH 2007 ($ MILLIONS)	101
PROJECTS: FUNCTIONS	101
Payment Cards in Europe	101
Table 58 MAJOR PAYMENT CARD PROJECTS, EUROPE	102
E-Purse and Online Payments in Europe	102
Table 59 EUROPE AVERAGE INTERNET USAGE AT HOME, JULY 2001	103
Table 60 INTERNET ACTIVITY BY CATEGORY, JULY 2001	103
E-payments in the U.K.	103
E-payments in the UK (Continued)	104
Banxsafe, a Belgian Project	105
French and German Chip Payments	106
Movercard in Italy	107
Payments in The Netherlands	108
Table 61 CASHLESS PAYMENT INSTRUMENTS IN EUROPE: 2001 (PERCENT OF THE TOTAL CASHLESS PAYMENT)	108
EU-funded Balcard Project	108
EU-funded Balcard Project (Continued)	109
Table 62 MOBILE PAYMENTS IN EUROPE, 2002	110
Authentication Tool	111
National ID Card for European Countries	111
Table 63 NATIONAL ID CARD PROJECTS, EUROPE	111
An Entitlement Card for the U.K.	111
Italian ID Card	111
Belgian ID Card	112
Finnish ID Card	113
Scottish ID Card	113
SmartCities	114
E-Government	114
LondonConnects	114
FASME	115
Airport Security	116
PROJECTS: APPLICATION AREAS	117
Medical Sector	117
Gie Sesam Vitale	117
Table 64 MAJOR HEALTH CARD PROJECTS, EUROPE	118
Schlumberger	118
ORGA	119
Belgium	119
Finland	120
France and Germany	120
France	121
Germany	121
Germany (Continued)	122
Slovenia	123
Slovenia (Continued)	124
U.K.	125
Trusthealth	126
Netlink	127
eEurope Smart Initiative	127
Smart Card Charter	128
Transport	128
Tr@velSmarT	128
Tosca	129
OMNIPURSE	130
Cross-Border Transit Card	131
COMPANY PROFILES	132
ACTIVCARD	132
Table 65 ACTIVCARD FINANCIAL REVENUE, SECOND HALF 2001 ($ MILLIONS)	133
BULL	133
DATACARD CORPORATION	134
DATAKEY, INC.	134
Table 66 DATAKEY FINANCIAL RESULTS, FIRST HALF 2002 ($ MILLIONS)	135
ELECTRONIC DATA SYSTEMS CORPORATION (EDS)	135
Table 67 ELECTRONIC DATA SYSTEMS CORPORATION FINANCIAL REVENUE, LAST HALF 2001 ($ MILLIONS)	136
GEMPLUS INTERNATIONAL SA	136
Table 68 GEMPLUS INTERNATIONAL SA FINANCIAL REVENUE, FIRST HALF 2002 ($ MILLIONS)	137
GIESECKE & DEVRIENT GMBH	137
MONDEX INTERNATIONAL LIMITED	138
ORGA KARTENSYSTEME GMBH	138
STMICROELECTRONICS	139
Table 69 STMICROELECTRONICS FINANCIAL REVENUE, FIRST HALF 2002 ($ MILLIONS)	140
MAJOR REGIONAL SMART CARD MARKETS, ASIA/PACIFIC	141
PAYMENT CULTURES AND TRENDS IN ASIA/PACIFIC	141
ASIA/PACIFIC SMART CARDS BY TYPE	141
Table 70 ASIA/PACIFIC SMART CARD SHIPMENTS BY TYPE, THROUGH 2007 (MILLIONS)	141
Table 71 ASIA/PACIFIC SMART CARD MARKET BY TYPE, THROUGH 2007 ($ MILLIONS)	142
Table 72 MAJOR SMART CARD PROJECTS IN ASIA (MILLIONS)	142
Table 72 (CONTINUED)	143
PROJECTS: FUNCTIONS	143
Payment Cards in Asia/Pacific	143
Table 73 FINANCIAL SMART CARDS IN THE ASIA-PACIFIC REGION, THROUGH 2007 (MILLIONS)	143
Table 74 MAJOR PAYMENT CARD PROJECTS, ASIA/PACIFIC	144
China	144
The Golden Card Project	145
Japan	146
Japan's First Multos	147
Contact-less e-purse	148
Korea	148
Moneta Card	148
Hong Kong	149
Table 75 HONG KONG SMART CARD USAGE BY SECTORS, THROUGH 2007 (MILLIONS)	150
Mykad E-purse	150
Thailand E-purse	151
Australia	151
Cruise Cash	152
The Philippines	152
Soccer E-purse	153
PROJECTS: APPLICATION AREAS	153
Authentication Tool	153
Table 76 NATIONAL ID CARD PROJECTS, ASIA PACIFIC	153
Hong Kong ID	153
Hong Kong ID (Continued)	154
Japan ID Card	155
Mykad, Malaysian ID	155
Mykad, Malaysian ID (Continued)	156
India	157
China	158
Taiwan	158
Macau	159
Medical Sector	159
Table 77 MAJOR HEALTH CARD PROJECTS: ASIA PACIFIC	159
Asia's Biggest Smart Card Project	159
Malaysia	160
Australia	161
A pilot	161
Health e-signature	162
Transport	162
Table 78 MAJOR TRANSIT CARD PROJECTS, ASIA PACIFIC	162
HK Transit	162
South Korea	163
Gujarat Driving License	164
Vehicle Management System, India	165
Malaysia	165
Japan Rails	166
China	166
Australia	166
Sydney	166
Canberra	167
Specialized and Multi-application Cards	167
China Olympics	167
China Social Security	167
South Korea	168
Gasoline Vending	168
Gasoline Vending (Continued)	169
COMPANY PROFILES	170
FUJITSU SERVICES LIMITED	170
HITACHI, LTD.	170
SMART CHIP LIMITED	171
VENTURE INFOTEK GLOBAL PVT. LTD.	171

LIST OF TABLES
Summary Table: GLOBAL SMART CARD MARKET: SHIPMENTS AND VALUE, THROUGH 2007 (MILLIONS)	XX
Table 1 WORLDWIDE CONTACT CARDS SHIPMENT BY TYPE, THROUGH 2007 (MILLIONS)	7
Table 2 WORLDWIDE CONTACT CARDS MARKET BY TYPE, THROUGH 2007 ($ MILLIONS)	7
Table 3 MEMORY CARD MANUFACTURERS AND MODELS (MODEL NO.)	8
Table 4 WORLDWIDE MEMORY CARD SHIPMENT AND MARKET SHARE BY MANUFACTURER, 2001 (MILLIONS)	9
Table 5 GLOBAL MEMORY CARD PRICES BY MEMORY SIZE, THROUGH 2007 ($)	9
Table 6 GLOBAL MEMORY CARD SHIPMENTS BY SECTOR, THROUGH 2007 (MILLIONS)	10
Table 7 CONVENTIONAL SMART CARD ARCHITECHTURE	11
Table 8 SMART CARD CPU MODELS AND SPECIFICATIONS	11
Table 9 GLOBAL MICROPROCESSOR CARD SHIPMENT AND MARKET SHARE BY MANUFACTURER, 2001 (MILLIONS)	12
Table 10 CHIP MANUFACTURERS' MARKET SHARE, 2001 (%)	13
Table 11 SMART CARD MANUFACTURERS' MARKET SHARE FOR MEMORY AND MICROPROCESSOR CARDS, 2001 (%)	14
Table 12 GLOBAL MICROPROCESSOR CARD SHIPMENTS BY SECTOR, THROUGH 2007 (MILLIONS)	15
Table 13 WORLDWIDE CONTACT-LESS CARDS MARKET BY TYPE, THROUGH 2007 ($ MILLIONS)	16
Table 14 WORLDWIDE CONTACT-LESS CARDS SHIPMENT BY TYPE, THROUGH 2007 (MILLIONS)	17
Table 15 WORLDWIDE DUAL INTERFACE CARDS SHIPMENT BY TYPE, THROUGH 2007 (MILLIONS)	18
Table 16 WORLDWIDE DUAL INTERFACE CARDS MARKET, THROUGH 2007 ($ MILLIONS)	19
Table 17 KEY FEATURES AND CHARACTERISTICS OF SMART CARDS	19
Table 18 PRINCIPLES OF SMART CARD STANDARDS	22
Table 19 GLOBAL SMART CARD READER/WRITER SHIPMENTS AND MARKET, THROUGH 2007	39
Table 20 MAJOR POS AND CHIP CARD TERMINALS PROVIDERS, 2000	39
Table 21 CREDIT CARD USE FOR ONLINE PURCHASES BY REGION, 2001 (%)	41
Table 22 CONSUMER PAYMENT DISTRIBUTION, 2001 (%)	42
Table 23 GLOBAL FINANCIAL SMART CARDS BY REGION, THROUGH 2007 (%)	45
Table 24 BANK SMART CARD PERCENTAGES BY REGION, 2001 (%)	45
Table 25 GLOBAL SMART CARDS IN NETWORK SOLUTIONS, THROUGH 2007 (MILLIONS)	47
Table 26 SMART NATIONAL ID CARDS WORLDWIDE	47
Table 27 GLOBAL SMART CARD MARKET BY APPLICATION AREA, THROUGH 2007 ($ MILLIONS)	48
Table 28 GLOBAL SMART CARDS IN USE BY APPLICATION AREA, THROUGH 2007 (MILLIONS)	49
Table 29 GLOBAL SMART CARD SHIPMENTS BY TYPE, THROUGH 2007 (MILLIONS)	52
Table 30 GLOBAL SMART CARD MARKET BY TYPE, THROUGH 2007 ($ MILLIONS)	52
Table 31 GLOBAL SMART CARD SHIPMENTS BY REGION, THROUGH 2007 (MILLIONS)	53
Table 32 GLOBAL SMART CARD MARKET BY REGION, THROUGH 2007 ($ MILLIONS)	54
Table 33 GLOBAL SMART CARD USAGE BY REGION, THROUGH 2007 ($ MILLIONS)	55
Table 34 U.S. SMART CARD SHIPMENTS BY TYPE, THROUGH 2007 (MILLIONS)	56
Table 35 U.S. SMART CARD MARKET BY TYPE, THROUGH 2007 ($ MILLIONS)	56
Table 36 MAJOR U.S. PAYMENT CARD PROJECTS	57
Table 37 INTERNET ACTIVITY BY CATEGORY, JULY 2001	59
Table 38 U.S. AVERAGE INTERNET USAGE AT HOME, JULY 2001	60
Table 39 MAJOR U.S. HEALTH CARD PROJECTS	68
Table 40 MAJOR U.S. TRANSIT CARD PROJECTS	72
Table 41 MAJOR U.S. UNIVERSITY CARD PROJECTS	77
Table 42 GLOBAL SALES OF SMART CARDS FOR UNIVERSITIES, THROUGH 2007 (MILLIONS)	77
Table 43 AMERICAN EXPRESS FINANCIAL REVENUE, FIRST HALF 2002	83
Table 44 AMTEL CORP. REVENUE, FIRST HALF 2002 ($ MILLIONS)	84
Table 45 CITIGROUP REVENUE, FIRST HALF 2002 ($ MILLIONS)	85
Table 46 CUBIC CORP. REVENUE, FIRST HALF 2002 ($ MILLIONS)	86
Table 47 HYPERCOM REVENUE, FIRST HALF 2002 ($ MILLIONS)	87
Table 48 INFINEON TECHNOLOGIES REVENUE, FIRST HALF 2002 ($ MILLIONS)	88
Table 49 LIFESTREAM TECHNOLOGIES REVENUE, FIRST HALF 2002 ($ MILLIONS)	90
Table 50 MIPS TECHNOLOGIES REVENUE, FIRST HALF 2002 ($ MILLIONS)	91
Table 51 PUBLICARD REVENUE, FIRST HALF 2002 ($ MILLIONS)	93
Table 52 SCHLUMBERGERSEMA REVENUE, FIRST HALF 2002 ($ MILLIONS)	94
Table 53 TEXAS INSTRUMENTS REVENUE, FIRST HALF 2002 (MILLIONS)	96
Table 54 CASHLESS PAYMENT INSTRUMENTS IN EU AND U.S., 2001 (PERCENT OF THE TOTAL CASHLESS PAYMENT)	99
Table 55 CARD USAGE AT THE POS TERMINALS IN U.K. AND U.S., 2001	100
Table 56 EUROPE SMART CARD SHIPMENTS BY TYPE, THROUGH 2007 (MILLIONS)	101
Table 57 EUROPE SMART CARD MARKET BY TYPE, THROUGH 2007 ($ MILLIONS)	101
Table 58 MAJOR PAYMENT CARD PROJECTS, EUROPE	102
Table 59 EUROPE AVERAGE INTERNET USAGE AT HOME, JULY 2001	103
Table 60 INTERNET ACTIVITY BY CATEGORY, JULY 2001	103
Table 61 CASHLESS PAYMENT INSTRUMENTS IN EUROPE, 2001 (PERCENT OF THE TOTAL CASHLESS PAYMENT)	108
Table 62 MOBILE PAYMENTS IN EUROPE, 2002	110
Table 63 NATIONAL ID CARD PROJECTS, EUROPE	111
Table 64 MAJOR HEALTH CARD PROJECTS, EUROPE	118
Table 65 ACTIVCARD FINANCIAL REVENUE, SECOND HALF 2001 ($ MILLIONS)	133
Table 66 DATAKEY FINANCIAL RESULTS, FIRST HALF 2002 ($ MILLIONS)	135
Table 67 ELECTRONIC DATA SYSTEMS CORPORATION FINANCIAL REVENUE, LAST HALF 2001 ($ MILLIONS)	136
Table 68 GEMPLUS INTERNATIONAL SA FINANCIAL REVENUE, FIRST HALF 2002 ($ MILLIONS)	137
Table 69 STMICROELECTRONICS FINANCIAL REVENUE, FIRST HALF 2002 ($ MILLIONS)	140
Table 70 ASIA/PACIFIC SMART CARD SHIPMENTS BY TYPE, THROUGH 2007 (MILLIONS)	141
Table 71 ASIA/PACIFIC SMART CARD MARKET BY TYPE, THROUGH 2007 ($ MILLIONS)	142
Table 72 MAJOR SMART CARD PROJECTS IN ASIA (MILLIONS)	142
Table 73 FINANCIAL SMART CARDS IN THE ASIA-PACIFIC REGION, THROUGH 2007 (MILLIONS)	143
Table 74 MAJOR PAYMENT CARD PROJECTS, ASIA/PACIFIC	144
Table 75 HONG KONG SMART CARD USAGE BY SECTORS, THROUGH 2007 (MILLIONS)	150
Table 76 NATIONAL ID CARD PROJECTS, ASIA PACIFIC	153
Table 77 MAJOR HEALTH CARD PROJECTS, ASIA PACIFIC	159
Table 78 MAJOR TRANSIT CARD PROJECTS, ASIA PACIFIC	162

LIST OF FIGURES
Summary Figure: GLOBAL SMART CARD MARKET: SHIPMENTS AND VALUE, 1999-2007 ($ MILLIONS)	XXI
Figure 1 SMART CARD CONSTRUCTION	2
Figure 2 TYPICAL SMART CARD INTEGRATED CIRCUIT PARTS	3
Figure 3 TYPES OF SMART CARDS	6
Figure 4 GLOBAL MICROPROCESSOR CARD SHIPMENT AND MARKET SHARE BY MANUFACTURER, 2001 (%)	13
Figure 5 SMART CARD MANUFACTURERS' MARKET SHARE FOR MEMORY AND MICROPROCESSOR CARDS, 2001 (%)	14
Figure 6 SMART CARD LIFE CYCLE	35
Figure 7 GLOBAL FINANCIAL SMART CARDS BY REGION, 2002 AND 2007 (%)	45
Figure 8 GLOBAL SMART CARD MARKET BY TYPE, 2000-2007 ($ MILLIONS)	53
Figure 9 GLOBAL SMART CARD MARKET BY REGION, 2000-2007 ($ MILLIONS)	54

INTRODUCTION

TABLE OF CONTENTS

LIST OF TABLES

LIST OF FIGURES