A new report from ABI Research reveals that the security sector is driving growth in the smart card industry, according to esecurityplanet.com.
“New revenues are coming from contactless/dual-interface cards and more applications require the greater security offered by smart cards. There remains a small, but solid, memory-based market, but higher-end secure microcontroller ICs and embedded solutions are driving the new growth. As a result of this and re-stocking inventory, we forecast that IC revenues will grow nearly 14% in 2010,” said ABI Research analyst John Devlin.
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