E-Governance to Create Huge Opportunities for the Indian Smart Card Industry

Noida, India (PressExposure) January 05, 2012 -- In order to make its citizen services transparent, cost effective, efficient, timely and hassle free; the Indian government decided to integrate the benefits of Information and Communication Technology (ICT) in its services through E-Governance. The Government of India had initiated its E-Governance programme in the late 1990s. Later in May 2006, the Union Government approved the National E-Governance Plan (NeGP), comprising of 27 Mission Mode Projects (MMPs) and 8 components to give a boost to E-Governance initiatives in India.

A new study from IMARC Group entitled "Indian Smart Cards Market Report & Forecast 2011-2016" finds that E-Governance initiatives by the central and state governments are expected to create huge opportunities for the Indian smart cards industry. Findings from the study suggests that smart cards are expected to form a core part of a number of E-Governance projects such as the National Population Register Project, MNREGA, RSBY, ECHS, E-passports, Ration Cards, Drivers License, Vehicle Registration Certificates, PAN Cards, Ticketing etc. The study which has done a comprehensive analysis on various E-Governance projects expects the total shipment volume of smart cards in these projects to grow at a CAGR of 43% in the next five years reaching 372 Million by 2016.

IMARC's new report entitled "Indian Smart Cards Industry Market Report & Forecast 2011-2016" gives a deep insight into the Indian smart cards market. The research study serves as an analytical as well as a statistical tool to understand the market trends, structure, drivers, restraints and the outlook of the market till 2016. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists, and all those who are planning to foray into Indian smart cards market in some form or the other.

What We Have Achieved in this Report

• Comprehensive situation analysis of the Indian smart cards market and its dynamics.

• Identified all application segments/sub-segments and quantified their current and future market potential.

• Provided a robust long range value and volume forecast for all segments and sub-segments.

• Provided an understanding of key drivers and restraints and their impact on current and future market performance.

Smart Card Application Segments and Sub-segments Covered in this Report

• Telecommunication

• National Population Registry Project

• Financial Services

• Credit & Debit Cards

• Financial Inclusion

• PAN Cards

• Travel Identity

• Driving License

• Registration certificates

• Passports

• Automatic Fare Collection

• Metro Rail Projects

• Bus projects

• Indian Railways

• Healthcare

• Rashtriya Swasthya Bima Yojna

• Ex-servicemen Contributory Health Scheme

• Public Distribution System

Focus of the Analysis for Each Segment & Sub-segment

• Segment/Sub-segment Overview

• Smart Card Implementation Scenario

• Historical and Future Smart Card Volume Demand

• Historical and Future Smart Card Value Demand

Focus of the Analysis for Each Segment & Sub-segment

• Segment/Sub-segment Overview

• Smart Card Implementation Scenario

• Historical and Future Smart Card Volume Demand

• Historical and Future Smart Card Value Demand


Initial Exploration of the Indian Smart Cards Market: Conducted secondary and primary market research to complement/enhance our current knowledge and define key market segments and sub-segments.

Qualitative Market Research: Interviewed various industry stakeholders to gain a comprehensive insight on all major segments and sub segments. This included understanding key metrics and events such as smart card requirements, current and future demand, implementation timelines, success and risk factors, costs, etc.

Quantifying the Current &Future Market Potential: Consolidated our results to quantify the value and volume potential of smart cards in each segment and sub-segment.

Validating Our Results: Collaborated with industry stakeholders to validate our results and findings.

Information Sources

Information has been sourced from both primary and secondary sources:

• Primary sources include industry surveys and face to face/telephone interviews with industry experts.

• Secondary sources include proprietary databases and search engines. These sources include company websites and reports, books, trade journals, magazines, white papers, industry portals, government sources and access to more than 4000 paid databases.

To buy the complete report or to get a free sample, please contact:

IMARC Group Asia

Email: apac@imarcgroup.com

Phone: +91-120-425-6531

IMARC Group North America

Email: america@imarcgroup.com

Phone: +1-631-791-1145

To know more please visit: http://www.imarcgroup.com/

About IMARC Group

Imarc Group is one of the world's leading providers of lifescience market intelligence. Our award winning and trusted portfolio of proprietary business solutions have been supporting some of the world's leading pharmaceutical companies, biotechnology companies, medical device companies, clinical research organizations, contract manufacturers and hospitals for over 6 years. We have helped organizations in achieving peak performance, maintaining their leadership positions and raising them to the next level.

Press Release Source: http://PressExposure.com/PR/IMARC_Group.html

Press Release Submitted On: January 05, 2012 at 5:04 am
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