Blockchain Press Releases
Smart Card IC Market To Reach USD 4,929.8 Million by 2030, Says P&S Intelligence
NEW YORK, July 3, 2023 /PRNewswire/ — According to the latest market research study published by P&S Intelligence, the smart card IC market will grow at a rate of 7.1% by the end of this decade, to touch USD 4,929.8 million by 2030. This is because of the increasing use of financial cards for secure payments.
Moreover, the acceptance of smart IDs in educational organizations and e-governance projects is playing a vital part in the growth of the industry.
The telecommunications sector led the industry in 2022 as a result of the usage of ICs in subscriber identity modules, powered by the increasing smartphone acceptance.
Companies are not just delivering postpaid and prepaid SIMs but also the pay-as-you-go alternative with little paperwork. This has made it easy for consumers to purchase these cards.
Get the sample pages of this report: https://www.psmarketresearch.com/market-analysis/smart-card-ic-market/report-sample
Additionally, numerous initiatives are being taken across the world for connecting people in rural areas with mobile phones or an internet connection.
- The contactless category is growing at a significant rate due to the surging use of these cards in numerous organizations and educational institutes as an access control device.
- They are integrated into biometric systems because of their ability of transmitting data from just one direction, without the need for the internet for processing the information.
- Moreover, as a result of the pandemic, numerous organizations shifted to contactless smart cards, because they are a more-hygienic option in comparison to touch-based biometric technologies, for instance, fingerprint recognition and palm geometry.
The microcontroller category led the industry in the past, and this trend will continue till the end of this decade, as stated by P&s Intelligence. It is because these chips have a higher storage capacity and offer better data security than the conventional magnetic-stripe cards.
Browse detailed report on Smart Card IC Market Share, Growth and Demand Forecast to 2030
Moreover, these chips allow for enhanced cryptographic security and extended application. The growing use of biometric and financial ID cards worldwide is the main reason for the larger share of the microcontroller category.
- The market in APAC will advance at a high rate till 2030, as a result of the fast industrialization and urbanization.
- Moreover, the fast acceptance of novel technologies in the telecom, BFSI, and healthcare industries is powering the integration of ICs into smart cards in the region.
- Furthermore, the count of SIMs being used in APAC is growing at a high rate.
- Regional smart card IC sales will be led by China, South Korea, Australia, Japan, and India. In developing nations, such as Malaysia and India, governments are enhancing the internet infrastructure and promoting cashless transactions.
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About P&S Intelligence
P&S Intelligence offers custom and syndicated market research and consulting services to clients across the globe. Our team of young and dynamic researchers, guided by mentors with years of experience, create data-rich reports tailored to the needs of MNCs as well as startups and SMEs. We remain in a perennial quest to offer exhaustive insights into every aspect of the market, allowing businesses of all sizes to seize even the smallest of opportunities and tackle even the biggest of challenges.
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Blockchain Press Releases
Crypto Markets Lukewarm on Trump’s Inauguration: Bybit and Block Scholes Report
DUBAI, UAE, Jan. 24, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest weekly crypto derivatives report in collaboration with Block Scholes, recognizing crypto markets’ subdued bullish sentiment in an almost anti-climatic turn of events after Trump’s inauguration.
The 2025 presidential inauguration triggered a wild weekend of speculation with Trump family meme coins TRUMP and MELANIA, tilting derivative markets toward a bullish shift. However, the anticipated BTC-related executive orders failed to materialize, causing implied volatility to drop although realized volatility rose. Perpetual and options markets maintained high funding rates and a persistent bullish tilt, reflecting the complex speculative environment as crypto’s sunny expectations met political uncertainty.
Key Insights:
SOL’s Spotlight Moment: Trump’s issuance of “husband and wife” coins sparked an all-time high in Solana perpetual swaps, driven by traders anticipating crypto-friendly policies. The TRUMP meme coin’s launch on Solana DEXs elevated the network’s fee generation, symbolically positioning it above Ethereum competitors.
Derivatives Market Resilience: Perpetual swap funding rates remained neutral-to-bullish despite minimal crypto-positive inauguration announcements, with open interest showing stable positions. Derivatives markets viewed the event as just one of many potential catalyst opportunities.
BTC Options Speculation: Earlier anticipation of a potential strategic BTC reserve triggered significant short-tenor options positioning, resulting in robust call buying and the strongest at-the-money term structure inversion since the November 2024 election. While front-end volatility pricing has moderated, the strong skew toward out-of-the-money calls persists.
Access the full report, including detailed analysis of volatility trends, funding rates, and options market dynamics.
#Bybit / #TheCryptoArk /#BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
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Blockchain
Andrew Cardno to speak on the session titled “The Seven Forces Transforming Our Industry (Whether We Like It or Not)”
Quick Custom Intelligence (QCI) is pleased to announce a must-attend session at the upcoming January 28–30, 2025, Raving Next: Indian Gaming Strategic Operations and Leadership Conference at Pechanga Resort Casino in Temecula, CA. This event will feature Andrew Cardno, CTO of QCI, as he delivers an in-depth exploration of the rapid technological evolution reshaping tribal gaming, including the impact of Artificial Intelligence (AI) and robotics on gaming floors and team members.
The signature session, titled “The Seven Forces Transforming Our Industry (Whether We Like It or Not),” will take place on January 29, 2025, from 1:15 – 2:00 PM (Mainstage). Mr. Cardno’s presentation will discuss how casino operators can adopt these advanced tools while preserving core traditions and staying ahead of the competition.
“AI and robotics are no longer futuristic concepts in the tribal gaming space—they are here now,” said Andrew Cardno, CTO of QCI. “Our goal is to help operators confidently integrate these technologies and develop robust plans for sustainable success.”
The session will also feature insights from Deana Scott, CEO of Raving Consulting, who will offer guidance on seamlessly incorporating new technologies into tribal enterprise strategies, ensuring both guest experience and workforce well-being remain top priorities.
“This isn’t about technology for technology’s sake,” noted Deana Scott. “It’s about finding the best fit for each tribal enterprise, ensuring the heart of our industry—our people and culture—remains at the forefront of decision-making.”
Attendees can expect to leave with practical approaches to integrating and leveraging emerging technologies in ways that reinforce the unique strengths of tribal gaming, enhance operational efficiency, and empower team members.
The post Andrew Cardno to speak on the session titled “The Seven Forces Transforming Our Industry (Whether We Like It or Not)” appeared first on News, Events, Advertising Options.
Blockchain Press Releases
SquaredFinancial adds the Trump and Melania meme coins to its crypto offering
VICTORIA, Seychelles, Jan. 24, 2025 /PRNewswire/ — Industry-leading fintech firm, SquaredFinancial, proudly announces that it has added the newly launched Trump and Melania meme coins to its crypto offering, empowering investors to gain wider access to the most popular markets and diversify their trading.
This new addition aligns with the company’s commitment to catering to the evolving needs of investors from different backgrounds and offering them quality and innovation. Clients and leads can now trade the trending Trump and Melania meme crypto coins on SquaredFinancial’s MetaTrader 5 (MT5) platform with competitive conditions and leverage.
SquaredFinancial constantly introduces new products to leverage the trading experience of its existing clients and attract potential traders who are on the pursuit of a trusted and reliable financial partner. The company thrives to keep innovation at the centre of its business. Its technology growth, competitive offerings, extensive expertise and education endeavours, are constantly recognized by renowned bodies.
Crypto enthusiasts are invited to visit SquaredFinancial website to learn more.
About SquaredFinancial
SquaredFinancial is a well-capitalized FinTech firm founded in 2005. It aims at becoming a one-stop shop that meets investors’ financial needs. With around two decades of experience in financial technology and trading, it offers global solutions to traders of different generations and backgrounds, who are looking for an intuitive and sophisticated investment gateway. It is led by market experts and leadership veterans who share a passion for trading and a vision to reshape the industry landscape. As a regulated firm, it provides investors with an online platform backed by cutting-edge technology that offers the opportunity to trade a wide range of instruments from different asset classes. SquaredFinancial has recently launched its proprietary mobile trading app and its innovative fixed-time deposit account.
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