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Taiwan's smart card and access control system market is experiencing steady growth, driven by factors such as government initiatives, rising security concerns, and increasing demand for contactless solutions. The market size was estimated at USD 1.5 billion in 2022 and is expected to reach USD 2.2 billion by 2027, with a Compound Annual Growth Rate (CAGR) of 7.3%.
Government procurement plays a significant role in this market, with key projects like the National Health Insurance IC card and the eID card driving demand. In 2022, government spending on smart cards and access control systems reached USD 200 million, accounting for approximately 15% of the market share.
Smart cards: ID cards, transportation cards, payment cards, and healthcare cards.
Access control systems: RFID readers, biometric scanners, turnstiles, and software solutions.
Maintenance and support services: Installation, training, technical support, and system upgrades.
Ministry of the Interior
National Health Insurance Administration
Taipei City Government
Taiwan Transportation and Communications Commission
Chunghwa Telecom
Far EasTone Telecommunications
Gemalto
NXP Semiconductors
Oberthur Technologies
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