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Malta's smart cards and access control systems market is driven by growing demand for security and convenience. The market reached €XX million in 2023 and is expected to grow at a CAGR of YY% in the coming years. This growth is fueled by factors like:
Increasing government investments
Rising adoption in various sectors like healthcare, education, and hospitality
Growing awareness about benefits like improved security and efficiency
Government procurement plays a significant role in shaping the market. In 2023, the government allocated €ZZ million for smart cards and access control systems.
Smart cards (identification, payment, access control)
Access control readers and controllers
Software and related services
Biometric identification systems
Physical access control equipment (doors, turnstiles, etc.)
Ministry for Home Affairs and National Security
Ministry for Education and Employment
Ministry for Health
Ministry for Transport, Infrastructure and Capital Projects
International companies: HID Global, Gemalto, NXP Semiconductors
Local companies: ST Microelectronics, Smartcard Systems Malta
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