This report analyzes the worldwide markets for Contactless Smart Cards in Millions of US$. The report provides separate comprehensive analytics for the North America, Europe Middle East & Africa (EMEA), Asia-Pacific, and Latin America. Annual forecasts are provided for each region for the period of 2006 through 2015. The report profiles 58 companies including many key and niche players worldwide such as ActivIdentity Corporation, Advanced Card Systems Ltd., American Microdevice Manufacturing, Inc., ASK, Austria Card GmbH, CardLogix Corporation, CPI Card Group, Eastcompeace Smart Card Co., Ltd., FNMT-RCM, Fujitsu Microelectronics Limited, Gemalto N.V., General Information Systems Ltd., Giesecke & Devrient GmbH, HID Global Corporation, Infineon Technologies AG,. Inside Contactless, International Business Machines Corporation, IRIS Corporation Berhad, Micromodule Pte Ltd., NBS Technologies, NedCard B.V., NOVACARD INFORMATIONSSYSTEME GmbH, NXP Semiconductors, Oberthur Card Systems SA, On Track Innovations Ltd., Sagem Orga GmbH, Samsung Electronics Co., Ltd., Silicon Storage Technology, Inc., Sitronics JSC, Sony Corporation, STMicroelectronics, Incard SpA, Toppan Printing Co., Ltd., Watchdata System Co. Ltd., and Zetes Industries. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

TABLE OF CONTENTS

CONTACTLESS SMART CARDS        				MCP-6141
A GLOBAL STRATEGIC BUSINESS REPORT


                                            CONTENTS


  I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITION

      Study Reliability and Reporting Limitations                       I-1
      Disclaimers                                                       I-2
      Data Interpretation & Reporting Level                             I-3
       Quantitative Techniques & Analytics                              I-3
      Product Definitions and Scope of Study                            I-3


 II. EXECUTIVE SUMMARY

  1. INDUSTRY OVERVIEW                                                  II-1
      Current and Future Analysis                                       II-1
       Regional Market Analysis                                         II-1
       Segment Perspective                                              II-2

  2. MARKET DRIVERS & CHALLENGES                                        II-3
      Market Drivers                                                    II-3
       Micro-Payment and Government Applications Spur Contactless
        Smart Card Market                                               II-3
       Need for Secure IT Applications Drives Contactless Access
        Control Smart Cards Market                                      II-3
       Consumer Acceptance Imperative for Growth of Contactless
        Smart Cards Market                                              II-4
       Emergence of Transit Operators from Card Issuers to Card
        Acceptors                                                       II-4
       Political & Government Regulations - Key for Contactless
        Smart Card Participants                                         II-5
       Interoperability - An Essential Factor                           II-5
       Rising Security Concerns to Foster Identity & Security Markets   II-5
      Challenges for Contactless Smart Cards                            II-5
       Lack of Compatible and Interoperable Standards                   II-5
       Existing Technologies Prevent Adoption of Contactless Technology II-6
       Privacy Issues and Threat of Failure Haunt Contactless Smart
        Cards                                                           II-6
       Consumer Concerns on Data Security and Privacy                   II-6
       Rapidly Changing Technological Environment                       II-6
       Weak Economic Conditions                                         II-7

  3. KEY TRENDS                                                         II-8
      CVM Limits - the Major Driver of Contactless Smart Cards in
       Payments                                                         II-8
      Contactless Cards Gain Popularity                                 II-8
      Growing Confidence in Contactless Smart Card Technology           II-8
      Financial Institutions Move Towards More Secure and Convenient
       Cards                                                            II-9
      Hybrid Cards on the Rise                                          II-9
      Access Control Application to Benefit from Near Field
       Communication                                                    II-9
      Multi-Application Cards Gain Momentum                             II-10
      ICAO Compliance Boosts e-Passports Program                        II-10
      Consolidation - Growth Through Shrinkage                          II-10
      High Security Java Cards Gain Popularity                          II-11
      Biometrics Offer Significant Growth Potential for Security
       Applications                                                     II-11

  4. INTRODUCTION TO SMART CARDS                                        II-12
      Smart Cards - An Introduction                                     II-12
      Concept & Functional Definition                                   II-12
      A Historical Perspective                                          II-13
      Smart Cards Vs Magnetic Stripe Cards                              II-13
      Constituents of a Smart Card Chip                                 II-13
       Central Processing Unit (CPU)                                    II-14
       Read-Only Memory (ROM)                                           II-14
       Random-Access Memory (RAM)                                       II-14
       Application Memory (EEPROM)                                      II-14
       Card Operating System (COS)                                      II-14
        Multos                                                          II-14
        Microsoft Smart Cards for Windows                               II-14
        Java Card                                                       II-15
      Types of Smart Cards                                              II-15
       Based on Type of Integrated Circuit (IC) Technology Used         II-15
        Integrated Circuit (IC) Microprocessor Cards                    II-15
        Integrated Circuit (IC) Memory Cards                            II-16
        Optical Memory Cards                                            II-16
       Based on Interface                                               II-16
        Contact Card                                                    II-16
        Contactless Card                                                II-17
        Combi-Card or Dual-Interface Card                               II-17
       Based on Number of Applications Supported By Card                II-17
        Single Application Cards                                        II-17
        Multi-Application Cards                                         II-17
      Standards                                                         II-17
       Hardware Standards                                               II-18
       Application Standards                                            II-18
       Local Standards                                                  II-18
        Network Computing Standards                                     II-18
        Electronic Purse Standards                                      II-18
        Payment Standards                                               II-19
        Mobile Communications                                           II-19
       Standards Governing Smart Cards & Their Applications             II-19
        ISO/IEC Standards                                               II-19
         ISO/IEC 7816                                                   II-19
         ISO/IEC 10536                                                  II-19
         ISO/IEC 14443                                                  II-19
         ISO/IEC 15693                                                  II-19
         ISO/IEC 7501                                                   II-19
       Personal Computer/Smart Card (PC/SC) Workgroup Specifications    II-20
       EMV (Europay, MasterCard, VISA) Specifications                   II-20
       Comite Europeen de Normalisation (CEN) Standards                 II-20
       GSM - SIM / UIM Standard                                         II-20
       STK                                                              II-20
       WIM (WAP Identification Module)                                  II-21
       S@T                                                              II-21
       GSC-IS Version 2.1 Specifications                                II-21
       SEIWG Specification                                              II-21
       Federal Information Processing Standards (FIPS)                  II-21
       Global Platform (GP)                                             II-21
       International Airline and Transportation Association (IATA)      II-21
       G-8 Health Standards                                             II-21
      Technology Used in Smart Cards                                    II-22
       Java Card Technology Supports Multiple Applications              II-22
       Biometric Technology - A Boon for Identification Markets         II-22
      Prominent Features/Capabilities                                   II-22
       Internal Memory                                                  II-22
       Multiple Function Capability                                     II-23
       Bi-Directional Identification and Authentication                 II-23
      Benefits                                                          II-23
       Enhanced Storage Capacity                                        II-23
       Security                                                         II-23
       Convenience                                                      II-24
       Economic Benefits                                                II-24
       Customization                                                    II-24
       The Technology Evolution                                         II-24
        Increased Windows Compatibility                                 II-24
        Multiple Applications                                           II-25
        Availability of Smart Card Readers as Standard Equipment        II-25
        Increased Memory Requirements                                   II-25
        Generation of Asymmetric Keys on Card                           II-25
        Shorter Delivery Turn-around and Lead-times                     II-25
        USB Interfaces, Higher I/O Speeds                               II-25
        Dual Interface                                                  II-25
        Faster Processor Speeds and Improved Battery Capabilities       II-25
        Price Competitiveness                                           II-25
        New Specifications To Become Standard Requirements              II-25

  5. CONTACTLESS SMART CARDS - AN OVERVIEW                              II-26
      Introduction                                                      II-26
      Current Scenario                                                  II-26
      Product Overview                                                  II-26
       Constituents and Special Characteristics of Contactless Smart
        Cards                                                           II-26
       Contactless Smart Card Technology                                II-27
        Better than Contact Smart Card Technology                       II-28
        Compatibility with Other Technologies                           II-28
        Data Privacy & Security Crucial for Contactless Smart Cards     II-28
       Difference Between Contactless Smart Card and RFID Technology    II-28
       Need for Compatibility Among Standards                           II-29
       Benefits                                                         II-29
      Technical Breakthroughs in Contactless Technology                 II-30
       HID’s iCLASS® Contactless Smart Card Technology                  II-30
       MIFARE Contactless Smart Card from Philips                       II-30

  6. SMART CARDS - COMPETITIVE SCENARIO                                 II-31
      Potential Favors Growth in the Intensely Competitive Market       II-31
       Table 1: Leading Players in the World Smart Card Market
       (2007): Percentage Breakdown of Shipments for Gemalto NV,
       Giesecke & Devrient GmbH, Oberthur Card Systems, Sagem Orga,
       Incard SpA, and Others (includes corresponding Graph/Chart)      II-31
      Leading Smart Card Players - An Analysis of Competitor Strategies II-32

  7. END-USE MARKETS                                                    II-33
      Mass Transit/Public Transportation Sector                         II-33
       Transit Applications Gaining Acceptance                          II-33
       Smart Card-Based Transit Applications Implemented in Various
        Regions                                                         II-34
      Payment Applications                                              II-34
       Banking on Smart Technology                                      II-34
       Current Financial Sector Scenario                                II-35
       Factors Favoring Adoption of Smart Cards in Finance / Banking
        Applications                                                    II-35
       Multi-Application Cards to Drive Penetration in Financial Sector II-35
       Impact of EMV Compliance                                         II-35
       Electronic Payments Simplify Cash Transactions                   II-36
       Benefits of Using Payment Cards                                  II-36
       High Implementation Costs & Legacy Infrastructure Obstruct
        Growth                                                          II-36
      Access Control Applications                                       II-36
       Contactless Technology Drives Security Applications              II-37
       Rising Security Concerns Aid Smart Card Growth in Various
        Sectors                                                         II-37
       Biometrics Technology Boosts Identification & Security Markets   II-37
       Network Security Offers Immense Potential for Growth             II-38
       Countering Hacker Attacks                                        II-38
      Government/ Institutional Applications                            II-38
       Governments as Users                                             II-38
       Institutional Applications Gaining Prominence                    II-39
       Factors Driving Government Applications                          II-40
       Government Sector in India Boosts Smart Card Implementation      II-40
       Lack of Smart Card Infrastructure in India Hinders Growth        II-40
       Security: Role of Government ID Programs                         II-40
       Multifunctional Identification Cards to Enhance Inland Security  II-41
       Smart Cards Replace Conventional Paper-Based Institutional
        Systems in India                                                II-41
      Healthcare Sector                                                 II-41
       Smart Cards Facilitate Efficient Healthcare System               II-41
       Global Healthcare Card Scenario                                  II-42
       Benefits of Using Smart Cards in Healthcare Industry             II-42
       Key Applications of Healthcare Smart cards                       II-42
        Storage of Patient’s Medical Information                        II-42
        Patient Identification and Monitoring                           II-42
        Prescription Management                                         II-43
       HIPAA Compliance Drives Healthcare Sector                        II-43
        Health Insurance Portability and Accountability Act (HIPAA)
         of 1996                                                        II-43

  8. PRODUCT LAUNCHES/INNOVATIONS                                       II-44
      Toppan Develops World’s Smallest Felica type IC Card,
       'SMARTICS-cFe'                                                   II-44
      Honeywell Introduces OmniAssure Biometric Reader                  II-44
      Athena Releases ASEDrive IIIe CL                                  II-44
      HID Global Unveils bioCLASS RKLB57 Smart Card Field Enroller      II-44
      Texas Instruments Introduces RF-HCT-WRC5-KP221 Chips              II-45
      HID to Extend Access Control Product Line with Logical Access
       Control Products                                                 II-45
      LEGIC Unveils Latest Products and Applications                    II-45
      Sagem Launches Biometric Reader to Comply with MorphoAccess
       521 TWIC                                                         II-46
      LEGIC Unveils New All-in-One Contactless Smart Cards              II-46
      HID Global Introduces New Crescendo Line of Smart Cards           II-46
      Sagem Launches New GSA-Approved PIV Reader for FIPS 201           II-47
      LEGIC Expands Contactless Smart Card Technology Capability        II-47
      HID Extends multiCLASS™ Reader Line                               II-47
      HID Global Introduces HID Identity                                II-48

  9. RECENT INDUSTRY ACTIVITY                                           II-49
      VDV-Kernapplikations Selects NXP’s SmartMx for German
       transport Ticketing                                              II-49
      Gemalto Completes Acquisition of Keycorp’s Smart Cards Business   II-49
      HID Teams up with MAXxess                                         II-49
      LEGIC Inks Partnership Agreement with APK-ID                      II-50
      LEGIC Signs Deals with Electronica Meysh and Inplastor            II-50
      SmartMetric Adopts MULTOS for Fingerprint Activated Cards         II-50
      LEGIC Identsystems and Nortech Control Systems Enter into
       Licensing Agreement                                              II-51
      NEOWAVE Strikes Distribution Agreement with ASK                   II-51
      Garanti Bank Selects Gemalto’s EMV Contactless Credit Cards
       for Deployment in Turkey                                         II-52
      Watchdata Executes Major Supply Contract with Shenzhen Tong Ltd   II-52
      SCM and Sony Sign MoU                                             II-52
      Sony and NXP Enter Into a Joint Venture to Form Moversa           II-52
      HID Global Completes Acquisition of Integrated Engineering        II-53
      Intrepid Global Imaging to Take Over Versacard                    II-53
      Soliton and AAIT Form Partnership for Contactless Security
       Smart Card Solutions                                             II-54
      LEGIC Enters into an Agreement with G4S Security Systems
       Microraab                                                        II-54
      ASK and MasterCard to Work on Contactless Cards                   II-55

  10. FOCUS ON SELECT KEY PLAYERS                                       II-56
      ActivIdentity Corporation (US)                                    II-56
      Advanced Card Systems Ltd (Hong Kong)                             II-56
      American Microdevice Manufacturing, Inc. (US)                     II-56
      ASK (France)                                                      II-57
      Austria Card GmbH (Austria)                                       II-57
      CardLogix Corporation (US)                                        II-57
      CPI Card Group (US)                                               II-58
      Eastcompeace Smart Card Co., Ltd (China)                          II-58
      FNMT-RCM (Spain)                                                  II-58
      Fujitsu Microelectronics Limited (Japan)                          II-58
      Gemalto N.V. (The Netherlands)                                    II-59
      General Information Systems Ltd (UK)                              II-59
      Giesecke & Devrient GmbH (Germany)                                II-60
      HID Global Corporation (US)                                       II-60
      Infineon Technologies AG (Germany)                                II-60
      Inside Contactless (France)                                       II-61
      International Business Machines Corporation (US)                  II-61
      IRIS Corporation Berhad (Malaysia)                                II-61
      Micromodule Pte Ltd (Singapore)                                   II-61
      NBS Technologies (Canada)                                         II-62
      NedCard B.V. (The Netherlands)                                    II-62
      NOVACARD INFORMATIONSSYSTEME GmbH (Germany)                       II-62
      NXP Semiconductors (The Netherlands)                              II-62
      Oberthur Card Systems SA (France)                                 II-63
      On Track Innovations Ltd (Israel)                                 II-63
      Sagem Orga GmbH (Germany)                                         II-63
      Samsung Electronics Co., Ltd (South Korea)                        II-64
      Silicon Storage Technology, Inc (US)                              II-64
      Sitronics JSC (Russia)                                            II-64
      Sony Corporation (Japan)                                          II-65
      STMicroelectronics (Switzerland)                                  II-65
       Incard SpA (Part of STMicroelectronics) (Italy)                  II-65
      Toppan Printing Co., Ltd. (Japan)                                 II-66
      Watchdata System Co. Ltd (China)                                  II-66
      Zetes Industries (Belgium)                                        II-66

  11. GLOBAL MARKET PERSPECTIVE                                         II-67
      Table 2: World Recent Past, Current & Future Analysis for
      Contactless Smart Cards by Geographic Region - North America,
      Europe Middle East & Africa (EMEA), Asia-Pacific and Latin
      American Markets Independently Analyzed with Annual Unit
      Shipments in Millions for Years 2006 through 2015 (includes
      corresponding Graph/Chart)                                        II-67

      Table 3: World 10-Year Perspective for Contactless Smart Cards
      by Geographic Region - Percentage Breakdown of Annual Unit
      Shipments for North America, Europe Middle East & Africa
      (EMEA), Asia-Pacific and Latin American Markets for Years
      2006, 2009 & 2015 (includes corresponding Graph/Chart)            II-68

      Table 4: World Recent Past, Current & Future Analysis for
      Contactless Smart Cards by Geographic Region - North America,
      Europe Middle East & Africa (EMEA), Asia-Pacific and Latin
      American Markets Independently Analyzed with Annual Revenues
      in US$ Million for Years 2006 through 2015 (includes
      corresponding Graph/Chart)                                        II-69

      Table 5: World 10-Year Perspective for Contactless Smart Cards
      by Geographic Region - Percentage Breakdown of Annual Revenues
      for North America, Europe Middle East & Africa (EMEA),
      Asia-Pacific and Latin American Markets for Years 2006, 2009 &
      2015 (includes corresponding Graph/Chart)                         II-70

      Table 6: World Recent Past, Current & Future Analysis for
      Contactless Smart Cards by End-Use Application - Mass Transit,
      Access Control, Payment and Government ID Markets
      Independently Analyzed with Annual Unit Shipments in Millions
      for Years 2006 through 2015 (includes corresponding
      Graph/Chart)                                                      II-71

      Table 7: World 10-Year Perspective for Contactless Smart Cards
      by End-Use Application - Percentage Breakdown of Annual Unit
      Shipments for Mass Transit, Access Control, Payment and
      Government ID Markets for Years 2006, 2009 & 2015 (includes
      corresponding Graph/Chart)                                        II-72

      Table 8: World Recent Past, Current & Future Analysis for
      Contactless Smart Cards by End-Use Application - Mass Transit,
      Access Control, Payment and Government ID Markets
      Independently Analyzed with Annual Revenues in US$ Million for
      Years 2006 through 2015 (includes corresponding Graph/Chart)      II-73

      Table 9: World 10-Year Perspective for Contactless Smart Cards
      by End-Use Application - Percentage Breakdown of Annual
      Revenues for Mass Transit, Access Control, Payment and
      Government ID Markets for Years 2006, 2009 & 2015 (includes
      corresponding Graph/Chart)                                        II-74


III. MARKET

  1. NORTH AMERICA                                                      III-1
      A.Market Analysis                                                 III-1
        Current and Future Analysis                                     III-1
        Overview                                                        III-1
        Key Trends and Issues                                           III-1
         Adoption of Contactless Payment System Finds Greater
          Acceptance                                                    III-1
         Increased Interoperability and Standardization in
          Contactless Payment Platforms                                 III-2
         Government Programs Continue to Offer Opportunities for
          Contactless Smart Cards                                       III-2
         Delays in Rollout Plague Employee Card Implementation in
          the US                                                        III-2
         Proprietary and Sporadic Ticketing Systems Hinder Smart
          Card Adoption in Mass Transit                                 III-2
        The US Perspective                                              III-3
         Smart Card Industry Evolution                                  III-3
         Smart Cards & the US - A Lackluster Affair                     III-3
         Contactless Smart Cards - Current Scenario                     III-4
         Contactless Leads the Charge in the US                         III-4
         Trends and Issues                                              III-4
          US Market Moves Towards Contactless Technology                III-4
          Contactless Smart Cards Making Headway into Payments Market   III-5
          US Lags Behind in Adopting EMV Specifications                 III-5
          HSPD-12 Directive Fosters Smart Card-Based Security Sector    III-5
          ICAO Compliance Boosts e-Passports Program                    III-5
          US Airport Authorities Use Smart Cards Based on Biometric
           Technology                                                   III-6
          Cyber Fraud & Identity Theft Crimes Provide Impetus for
           Smart Card Usage                                             III-6
          FIPS Federal ID Standard & ANSI INCITS Standard for ID Sector III-6
          Healthcare Sector & Smart Cards                               III-6
        Product Launches                                                III-6
        Strategic Corporate Developments                                III-9
        Key Players                                                     III-11
      B.Market Analytics                                                III-13
        Table 10: North American Recent Past, Current & Future
        Analysis for Contactless Smart Cards Market with Annual Unit
        Shipments in Millions for Years 2006 through 2015 (includes
        corresponding Graph/Chart)                                      III-13

        Table 11: North American Recent Past, Current & Future
        Analysis for Contactless Smart Cards Market with Annual
        Revenues in US$ Million for Years 2006 through 2015
        (includes corresponding Graph/Chart)                            III-14

  2. EUROPE, MIDDLE EAST & AFRICA                                       III-15
      A.Market Analysis                                                 III-15
        Current and Future Analysis                                     III-15
        Contactless Smart Cards - A European Perspective                III-15
         Contactless Payments Market Scenario in Europe                 III-15
          CVM Limits - the Major Driver of Contactless Smart Cards
           in Payments                                                  III-15
         Contactless Smart Cards - Unlimited Solutions                  III-16
         Standards                                                      III-16
         New Form Factors                                               III-17
         Pilots and Rollouts                                            III-17
         Outlook                                                        III-17
         Trends & Issues                                                III-18
          Improved Revenues and Customer Loyalty Attract Retailers
           to Contactless Payments                                      III-18
          Secure Access Control Capabilities Generate Demand for
           Contactless Smart Cards in EMEA                              III-18
          Multiple Applications Offer Greater Prospects for
           Contactless Smart Cards                                      III-18
          High Speed Capability Spurs Adoption of Contactless
           Technology in New Applications                               III-19
          Introduction of Contactless Payments in US and Japan
           Drives European Market                                       III-19
          Faster Payment Transactions Generate Interest on
           Contactless Technology                                       III-19
          Europe Adopts Contactless Ticketing System to Minimize Costs  III-19
          Electronic Identity Cards to Drive European Identity Market   III-19
         Overview of Select Regional Markets                            III-20
          France                                                        III-20
           Electronic Passport Project Enhances Demand for Smart Cards  III-20
          Belgium                                                       III-20
          Italy                                                         III-20
          United Kingdom                                                III-21
           UK Smart Cards Market Holds Immense Potential for Growth     III-21
           Convergence of Transport and Financial Applications in UK
            - A Key Implementation                                      III-21
        Middle East & Africa                                            III-22
         Security Market Gaining Prominence in Middle East              III-22
        Product Launches                                                III-22
        Strategic Corporate Developments                                III-24
        Key Players                                                     III-28
      B.Market Analytics                                                III-35
        Table 12: Europe Middle East & Africa (EMEA) Recent Past,
        Current & Future Analysis for Contactless Smart Cards Market
        with Annual Unit Shipments in Millions for Years 2006
        through 2015 (includes corresponding Graph/Chart)               III-35

        Table 13: Europe Middle East & Africa (EMEA) Recent Past,
        Current & Future Analysis for Contactless Smart Cards Market
        with Annual Revenues in US$ Million for Years 2006 through
        2015 (includes corresponding Graph/Chart)                       III-36

  3. ASIA-PACIFIC                                                       III-37
      A.Market Analysis                                                 III-37
        A Combination of Unique Regional Markets                        III-37
        Current and Future Analysis                                     III-37
        Contactless Smart Card Market in Asia-Pacific                   III-37
         Select Applications of Contactless Smart Cards in Asia-
          Pacific (2008)                                                III-38
         Government Applications                                        III-38
          e-Passport                                                    III-38
           Outlook                                                      III-39
           Media Coverage                                               III-39
          National ID                                                   III-39
           Select Countries to Implement the Project                    III-39
           Growth to Decline, Volume Generation to Continue             III-39
          Driving License                                               III-40
          Other Government Services                                     III-40
          Other Types of Smart Cards                                    III-40
         Contactless Payment, and Loyalty Cards                         III-41
          Contactless Payment Cards                                     III-41
          New Projects Fail to Initialize                               III-41
           Loss of Momentum                                             III-41
           Contactless Payments Not a Priority in Some Countries        III-42
          Loyalty Cards                                                 III-42
         Other Applications                                             III-42
          Education                                                     III-42
          Tourism/Travel                                                III-42
          Theme Parks/Entertainment                                     III-43
          Contactless SIM                                               III-43
        Japan - the Most Advanced Market for Contactless Smart Cards    III-43
         Japanese Smart Cards Market Gains Prominence                   III-43
         Evolution of Electronic Payment in Japan                       III-44
        Trends & Issues                                                 III-44
         Asia-Pacific Region Witnesses Growth in Contactless Smart
          Card Use                                                      III-44
         Mass Transit Applications Migrate Towards Contactless
          Mobile Devices                                                III-45
         Taiwan Leads in Promotion of Contactless Payments
          Technology in Asia-Pacific Region                             III-45
         Smart Cards Integrate with Biometrics                          III-45
         Integration of Technologies Becomes Key Factor in Smart
          Card Business                                                 III-46
         Campus Smart Cards Rise in Popularity                          III-46
         Leisure Facilities Witness Early Stage of Adoption             III-46
         Strong Government Control Fosters Growth                       III-47
         Identification Applications Provide Impetus for Government
          & Institutional Market                                        III-47
         Smart Card - An Ideal Solution for Cyber Security Concerns     III-47
         Data Privacy & Security Hinder Multi-Application Cards
          Implementation in Australia                                   III-47
        Market Drivers                                                  III-48
         Interoperability to Fetch New Opportunities for Contactless
          Payment Programs                                              III-48
         Government ID Projects to Drive Volume for Contactless
          Smart Cards in Asia-Pacific                                   III-48
         Contactless Payments in Asia-Pacific to Thrive on Foray of
          Tier II Nations                                               III-48
         Contactless Mobile Applications Expand in Asia                 III-49
        Market Restraints                                               III-49
         Consumer Apprehension Deters Contactless Payment Programs      III-49
         Merchant Apprehension Reduces the Number of Transactions       III-49
         Infrastructure Barriers to Migration                           III-50
         Competing Technologies Vs Smart Cards Technology               III-50
         Challenges in Integrating with Existing Processes and Systems  III-50
         Cost Concerns                                                  III-50
         Security Concerns                                              III-50
        Outlook                                                         III-51
         More Focus on Physical Access Control                          III-51
         Government Usage Drives Private Usage of Smart Cards           III-51
        Product Launches                                                III-51
        Strategic Corporate Developments                                III-52
        Key Players                                                     III-53
      B.Market Analytics                                                III-56
        Table 14: Asia-Pacific Recent Past, Current & Future
        Analysis for Contactless Smart Cards Market with Annual Unit
        Shipments in Millions for Years 2006 through 2015 (includes
        corresponding Graph/Chart)                                      III-56

        Table 15: Asia-Pacific Recent Past, Current & Future
        Analysis for Contactless Smart Cards Market with Annual
        Revenues in US$ Million for Years 2006 through 2015
        (includes corresponding Graph/Chart)                            III-57

  4. LATIN AMERICA                                                      III-58
      A.Market Analysis                                                 III-58
        Current and Future Analysis                                     III-58
         An Emerging Smart Cards Market                                 III-58
         Low-cost Contactless MIFARE Cards                              III-58
        Market Drivers                                                  III-58
         Adoption in Key Cities Boosts Awareness on Contactless
          Smart Cards                                                   III-58
         Value-Added Services Drive the Adoption of Inexpensive
          Contactless Smart Cards                                       III-59
         Entry of Major Financial Institutions and Brands Boosts
          Contactless Smart Cards                                       III-59
        Market Restraints                                               III-59
         Availability of Alternative Technologies Mars Access
          Control Market                                                III-59
         Lack of Standards Restricts ROI                                III-60
         Unfavorable Political Scenario for Government Projects         III-60
      B.Market Analytics                                                III-60
        Table 16: Latin American Recent Past, Current & Future
        Analysis for Contactless Smart Cards Market with Annual Unit
        Shipments in Millions for Years 2006 through 2015 (includes
        corresponding Graph/Chart)                                      III-60

        Table 17: Latin American Recent Past, Current & Future
        Analysis for Contactless Smart Cards Market with Annual
        Revenues in US$ Million for Years 2006 through 2015
        (includes corresponding Graph/Chart)                            III-61


 IV. COMPETITIVE LANDSCAPE

  Total Companies Profiled: 58 (including Divisions/Subsidiaries - 64)

  ------------------------------------------
  Region/Country                     Players
  ------------------------------------------
  The United States                    18
  Canada                                1
  Japan                                 5
  Europe                               28
     France                             5
     Germany                            7
     United Kingdom                     1
     Italy                              1
     Spain                              2
     Rest of Europe                    12
  Asia-Pacific (Excluding Japan)       11
  Middle East                           1
  ------------------------------------------