South Africa Smart Card In Healthcare Market Size & Outlook

The smart card in healthcare market in South Africa is expected to reach a projected revenue of US$ 28.5 million by 2028. A compound annual growth rate of 11.8% is expected of South Africa smart card in healthcare market from 2022 to 2028.
Revenue, 2021 (US$M)
$13.0
Forecast, 2028 (US$M)
$28.5
CAGR, 2022 - 2028
11.9%
Report Coverage
South Africa

South Africa smart card in healthcare market highlights

  • The South Africa smart card in healthcare market generated a revenue of USD 13.0 million in 2021 and is expected to reach USD 28.5 million by 2028.
  • The South Africa market is expected to grow at a CAGR of 11.8% from 2022 to 2028.
  • In terms of segment, contactless smart cards was the largest revenue generating product type in 2021.
  • Hybrid Smart Cards is the most lucrative product type segment registering the fastest growth during the forecast period.


Smart card in healthcare market data book summary

Market revenue in 2021USD 13.0 million
Market revenue in 2028USD 28.5 million
Growth rate11.8% (CAGR from 2021 to 2028)
Largest segmentContactless smart cards
Fastest growing segmentHybrid Smart Cards
Historical data2016 - 2020
Base year2021
Forecast period2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationHybrid Smart Cards, Contactless Smart Cards, Contact-Based Smart Cards, Dual-Interface Smart Cards
Key market players worldwideAtos SE, Infineon Technologies AG, NXP Semiconductors NV, Texas Instruments Inc, Thales, Giesecke+Devrient, CardLogix Corporation, IDenticard Systems


Other key industry trends

  • In terms of revenue, South Africa accounted for 1.2% of the global smart card in healthcare market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In Middle East & Africa, South Africa smart card in healthcare market is projected to lead the regional market in terms of revenue in 2028.
  • Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 28.4 million by 2028.

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Smart Card In Healthcare Market Companies

Name Profile # Employees HQ Website

South Africa smart card in healthcare market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart card in healthcare market will help companies and investors design strategic landscapes.


Contactless smart cards was the largest segment with a revenue share of 27.69% in 2021. Horizon Databook has segmented the South Africa smart card in healthcare market based on hybrid smart cards, contactless smart cards, contact-based smart cards, dual-interface smart cards covering the revenue growth of each sub-segment from 2016 to 2028.


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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa smart card in healthcare market , including forecasts for subscribers. This country databook contains high-level insights into South Africa smart card in healthcare market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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South Africa smart card in healthcare market size, by product type, 2016-2028 (US$M)

South Africa Smart Card In Healthcare Market Outlook Share, 2021 & 2028 (US$M)

South Africa smart card in healthcare market size, by product type, 2016-2028 (US$M)

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