Released on = December 17, 2006, 11:25 pm

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = Manufacturers and vendors of smart card chips are looking
forward to enormous business opportunities, with the government of Denmark issuing
electronic passports, national ID cards and health cards.

Press Release Body = Vendors and manufacturers of smart card chips are hoping for
bulks of business, as government of Denmark issued electronic passports, national
identity cards and health cards, say technology suppliers.

About two-thirds of smart card industry business is still provided by SIM market.
However, there has been a declining trend in the revenues coming from this market.
Smart card industry is struggling, with complete commoditization of SIM cards, as
per industry experts. Added convenience is provided to the user by SIM solution.
Secure transmission of personal data and information is enabled by the high
data-storage capacity combined with tight security features.

As part of the new electronic passport scheme, rolled out by Denmark in October this
year (2006), about 250,000 passports are likely to be issued towards the end of this
year. It’s planned that around 800,000 electronic passports will be issued per
year. Gemalto – the digital security provider – is shouldered with the
responsibility of producing these passports.

“The new cards will help prevent ID theft, and protect the privacy of
individual”, as stated by a Research Analyst at RNCOS, who has recently
researched a report on “Global Smart Card Industry - Future Outlook
(2007)”. According to this report, driven by explosive growth in emerging
markets, such as China and India, the demand for SIM cards has been growing 50% per
year.

This research reports on “Global Smart Card Industry - Future Outlook
(2007)”, also addresses some interesting issues for today’s Global
business environment.

- Overview of smart card industry in global perspective.
- What’s the potential of smart cards if they are used with Biometrics
Technology?
- Get an insight into the trends in market performance.
- Pinpoint sectors of growth and identify the driving factors.
- What are the key challenges and strategies in global smart card industry?
- Identify market, brand leaders and understand the competitive environment.
- Major driving forces for smart card Industry.

About the report

The report contains detailed data on global as well as country-specific smart card
markets i.e. smart card industry value, smart cards shipments, application of smart
cards in the Financial and Telecom market etc. It helps the clients to understand
the driving forces of smart card industry along with the detailed future
opportunities.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

For more information visit: http://www.rncos.com/Report/IM089.htm

Current Industry News: http://www.rncos.com/blog


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com