IMS Research: Giesecke & Devrient can maintain market position
IMS Research: Giesecke Devrient can maintain market position. Number three smart card manufacturer Oberthur Technologies (up 1.4 % YOY in 2008) closed the gap on Giesecke Devrien...
IMS Research: Giesecke & Devrient can maintain market position. Number three smart card manufacturer Oberthur Technologies (up 1.4 % YOY in 2008) closed the gap on Giesecke & Devrient in second place last year to less than one percent market share difference following its acquisition of X Pon Card.
However, the latest market analysis from IMS Research shows that the German company, after reporting record turnover and profits in 2008, maintained its position as the second largest manufacturer of smart cards globally, behind market leader Gemalto.
Sagem Orga (up 1.3 %) and Watchdata Systems (up 1.5 %) were the other two companies calculated to have made the biggest gains last year.
“Overall the smart card market grew 16.7 % in 2008 in terms of volumes and all manufacturers saw plenty of upside”, commented John Devlin, author of IMS Research’s Smart Card Annual Review & Market Share Update.
