Smartcard investment to top $9bn

Smartcard investment to top $9bn
Richard Ball European investment in smartcard projects will have reached $9bn by 2002, claims market analysis firm Datamonitor. Europe leads the way in smartcards, both in terms of installed base of cards and projects planned. In three years’ time, the biggest investments will be in cards for banking ($780m) and health ($412m). Multi-application cards will have the highest growth, more than doubling each year until 2002.


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