Siemens anticipates average annual growth approximately worldwide chip

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Siemens anticipates average annual growth approximately worldwide chip

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Siemens anticipates average annual growth approximately worldwide chip card market until year 2003 Chip card projects have been implemented both public private sectors over last years. Compared other sectors semiconductor industry, this resulted higher than average growth rates chip card market during period from 1987 1998, with annual increase 42%. Siemens Semiconductors anticipates that market volume will increase from million 1998 billion 2003. This means that market growth will slow down slightly annual rate over next five years. latest study into chip card sector, entitled "Worldwide Smart Card Market", undertaken market research company Frost Sullivan forecasts annual growth rate less than next years. Hamann agrees with statement Frost Sullivan report that market growth slowed considerably 1998. However, basis projects which starting anticipates revival market 1998, annual growth rates between from 1999. Siemens Semiconductors anticipates strong worldwide growth market cards mobile phones, payments area whole (particularly electronic commerce), field electronic signatures identification cards).
Siemens Corporate Communications Press Department
Information number: 0998.054 Semiconductors Press Office Manfred Weis Postfach D-81617 Tel.: 636-22767, Fax: -28482 E-mail: manfred.weis@siemens-scg.com
contactless cards achieve fastest sales growth, controllers dominate market 2003 terms growth, chip card with contactless interfaces lead field, with average rate year. These will achieve share more than total chip card market after millennium change. Controllers (including cryptocontrollers dual interface controllers) second-fastest growth segment with annual increase 30%. They will make total market chip card year 2003. Telephone cards first manifestation chip card technology many regions, these will also fuel huge demand security memories coming years. Hamann expects average annual growth rate through 2003. Europe remains strongest, Asia growing faster Viewing world region, Europe will remain largest market 2003, with share 1998 2003. This corresponds annual growth rate Considerably faster growth expected markets North America (USA Canada) with 148%, Asia (including Japan) with 56%, until 2003. 2003, Europe, North America Asia will each represent third market. Looking individual regions, there clear focus demand with contactless interface South East Asia. contrast, North American market driven application areas such mobile communications, banking, pay-TV. Financial applications first terms applications, focus payment applications 2003. With sales share more than 30%, these applications represent strongest segment overall market chip card ICs. They followed telecommunications (17%), security access (10%), pay-TV (also 10%). fastest growth areas will payment applications with 38%, transport applications with 25%. Continued success with security chip card market research company Frost Sullivan confirms that Siemens Semiconductors worldwide market leader chip card ICs, with market share 1997.
Siemens Corporate Communications Press Department
Information number: 0998.054 Semiconductors Press Office Manfred Weis Postfach D-81617 Tel.: 636-22767, Fax: -28482 E-mail: manfred.weis@siemens-scg.com
-3Hamann's stated objective defend this position market leader. will achieve this objective further extending security expertise. 16-bit controller, 66CX160S, fully complys with security requirements responding latest power analysis techniques. future, Siemens will continue offer customers tailored security products, developed manufactured using latest technologies shortest cycles."
Siemens Corporate Communications Press Department
Information number: 0998.054 Semiconductors Press Office Manfred Weis Postfach D-81617 Tel.: 636-22767, Fax: -28482 E-mail: manfred.weis@siemens-scg.com

Siemens anticipates average annual growth approximately worldwide chip

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