Top Companies Operating in the Smart Card Market

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Posted By : Sakshi 1 year ago

Overview of Smart Cards:

A smart card is a physical electronic authorization device that is used to control illegal data access and manipulation. This is referred to as a plastic embedded with an integrated circuit. There is a memory chip or microprocessor fabricated on the smart cards to store the data and connect effectively with the system. Smart cards can establish a connection with a reader through direct physical contact or a remote contactless radio frequency interface.

Smart cards have a unique ability to store a large amount of data, carry out their on-card functions including encryption and mutual authentication, and interact intelligently with the help of smart card readers. These are made available in different forms including fobs, plastic cards, subscriber identity modules, and USB-based tokens.

There are 2 major categories of smart cards; contact smart cards and contactless smart cards. A contact smart card needs to be inserted into a smart card reader with a direct connection to a conductive contact plate on the surface of the card, while a contactless card needs proximity to a reader. In contactless transactions, both the reader and the card have antennae and they communicate using radio frequencies over this contactless link. Apart from these, two more categories of smart cards are dual interface and hybrid cards. A hybrid card has both a contact interface and a contactless interface, but the chips are not connected. On the other hand, a dual interface card has a single chip with both contact and contactless interfaces.

Smart cards are used for providing personal identification, data storage, application processing, and authentication. It has varied applications including financial, public transit, identification, computer security, schools, and healthcare.

Some of the Top Companies Operating in the Smart Card Market:

IDEMIA:

IDEMIA is a France-based multinational technology company, well-known for providing different identity-related security services. Smart cards are one of the significant offerings of the firm. IDEMIA offers a wide range of smart card solutions for physical and logical access control, payment card customization, eID smart card operating systems, and applications. IDEMIA smart cards are highly secure and include scalable credentials that could help in simple authentication without the use of passwords.

Eastcompeace Technology Ltd:

Eastcompeace Technology Ltd is a Chinese-based organization that specializes in the development, design, and delivery of smart cards and smart card-based solutions. The firm is a state-owned listed organization China Potevio Group and its product portfolio includes contactless smart cards, SIM cards, stored value cards, recharge cards, social security cards, and bank cards. Eastcompeace has around 15 subsidiaries across different countries including Singapore, Bangladesh, India, and Russia.

Atos SE:

Atos SE is a European multinational information technology provider based in France. The firm offers CardOS smart cards for IoT and OT security. These cards are manufactured with the help of high-quality chips and are widely used by businesses, public authorities, and institutions to guarantee identity and control access.

WatchData:

WatchData is a well-known company headquartered in China that offers advanced data security solutions. One of its crucial products is smart cards. The firm has over 20 years of experience in the transport card sections and provides different solutions including UICC, contact and contactless EMV, online security tokens, card readers, digital car keys, and electronic toll collection devices.

Thales Group:

Thales Group is a France-based organization that offers smart cards with enhanced security and convenience for different applications. This offers a single solution for strong authentication and applications access control including remote access, network access, password management, network logon and corporate ID badges, magnetic stripes, and proximity.

Samsung Electronics Co. Ltd:

Samsung Electronics Co. Ltd offers a wide range of smart card IC solutions such as payment cards, electronic IDs, SIM cards, e-passports, and credit cards. The Samsung S3FT9MF smart IC supports both contact and contactless interfaces and is aimed at providing strong security against various threats. It combines various elements including a finger sensor and secure processors.

Giesecke & Devrient:

Giesecke & Devrient is one of the leading providers of smart card technology that offers a comprehensive portfolio including high-end smart cards for different applications. The firm focuses on security and advanced innovations in smart card technology. It offers a range of smart cards for different industries including telecommunication, banking, government ID, access control, and healthcare.

Sony Corporation:

Sony Corporation is one of the leading electronic providers across the globe. The firm has developed FeliCa card, one of the well-known contactless smart cards that ensures the system’s security and reliability. Sony also provides smart cards for digital Television operators. It has adopted the Manchester coding system and collision detection to ensure effective communication between the reader and the card.

ALIOTH:

ALIOTH is a Russian company known for its highly secure chip module-based smart cards with dual and contact interfaces. These smart cards are manufactured based on advanced platforms of the leading semiconductor suppliers. The firm supplies its offering to banks, transport ticketing, and the government and is known for integrating advanced technology and providing high-quality solutions to customers.

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