An estimated one billion payment cards with contactless capabilities will be shipped globally in 2016, up from just 170 million in 2010. This includes EMV dual interface cards and the non-EMV pure contactless push in the US.
Smart card shipments, which include not only contactless payment cards, but also EMV and non-EMV payment cards, will reach one billion during 2011. ABI Research forecasts that smart card shipments will overtake mag-stripe card shipments by 2015.
