The Global Card Market was valued at approximately USD 25.8 Billion in 2023 and is projected to reach USD 38.5 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period (2023–2028). This robust growth is primarily fueled by the escalating demand for secure payment solutions, the global push towards cashless economies, and the widespread adoption of advanced smart card technologies across financial, government, and enterprise sectors.

As digital and physical security converge, the card industry is undergoing a significant transformation. Leading companies are innovating with contactless technology, biometric authentication, and sustainable materials. In this blog, we profile the Top 10 Companies in the Card Global Market—a mix of established security printers, technology integrators, and innovative newcomers shaping the future of secure identification and payment.

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🔟 1. Giesecke & Devrient

Headquarters: Munich, Germany
Key Offering: Payment Cards, SIM Cards, Government ID Documents, Card Personalization Services

Giesecke & Devrient (G+D) is a global leader in security technology, with a rich history dating back to 1852. The company provides secure solutions for banking, telecommunications, and government sectors, managing the entire card lifecycle from manufacturing to personalization and issuance. Their Filia® and Convego® ranges are benchmarks for payment card security and innovation.

Innovation & Market Position:

• Pioneer in contactless and dual-interface card technology

• Strong focus on sustainability with recycled PVC and bio-sourced card offerings

• Global market leader in high-security government ID solutions

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Card Global Market – View in Detailed Research Report

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9️⃣ 2. IDEMIA

Headquarters: Courbevoie, France
Key Offering: Payment & Banking Cards, Identity Documents, Digital Identity Solutions, Access Control Cards

IDEMIA was formed from the merger of Oberthur Technologies and Safran Identity & Security, creating a powerhouse in augmented identity. The company serves a vast clientele, including over 600 financial institutions and numerous governments worldwide, specializing in embedding advanced security features and biometrics into card products.

Innovation & Market Position:

• Leader in biometric payment cards with fingerprint sensors embedded directly into the card

• Advanced motion code technology for dynamic CVVs

• Extensive portfolio for secure physical and digital identity convergence

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8️⃣ 3. Thales Group (Gemalto)

Headquarters: Paris, France (Gemalto acquired by Thales in 2019)
Key Offering: EMV Banking Cards, SIM Cards, e-Government Solutions, Embedded Software

Thales, through its Digital Identity and Security business (formerly Gemalto), is a titan in the digital security space. The company’s card solutions are renowned for their robust security, supporting millions of transactions daily. Their expertise spans financial services, mobile connectivity, and public sector initiatives, providing end-to-end secure card issuance services.

Innovation & Market Position:

• World-leading provider of EMV chip card technology

• Innovations in tactile and sensory features for enhanced user experience and accessibility

• Strong R&D focus on quantum-resistant cryptography for future-proof security

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7️⃣ 4. CPI Card Group

Headquarters: Littleton, Colorado, USA
Key Offering: Debit & Credit Cards, Prepaid Cards, Commercial Cards, NFC-Enabled Cards

CPI Card Group is a leading provider of payment card solutions in the United States and a growing player internationally. The company operates a fully integrated, PCI-certified platform that includes card production, personalization, and fulfillment services, primarily catering to financial institutions of all sizes.

Innovation & Market Position:

• Major supplier to top U.S. banks and credit unions

• Leader in sustainable card options, including cards made from recycled ocean-bound plastic

• Proprietary Instant Issuance solutions for in-branch card production

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Card Global Market – View in Detailed Research Report

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6️⃣ 5. Valid S.A.

Headquarters: São Paulo, Brazil
Key Offering: Payment Cards, SIM Cards, Identification Solutions, Digital Certification

Valid is a major force in the Latin American card market and has a significant global presence. The company offers a comprehensive suite of solutions for identification, mobile, and payment sectors. Its vertically integrated operations allow for high-security production and logistics across multiple continents.

Innovation & Market Position:

• Dominant market share in the Brazilian and wider Latin American payment card sector

• Significant investments in R&D for IoT connectivity and secure elements

• Diversified portfolio serving telecommunications and government ID markets alongside banking

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5️⃣ 6. AUSTRIACARD AG

Headquarters: Traun, Austria
Key Offering: Smart Cards, Secure Documents, Digital Security Solutions, Card Personalization

AUSTRIACARD AG is a prominent European provider of secure card and document solutions. The company has a strong focus on innovation, developing advanced smart card products for banking, telecommunications, and government applications. Its global footprint extends across Europe, the Middle East, Africa, and the Americas.

Innovation & Market Position:

• Expertise in high-frequency contactless card technology

• Leading provider of secure ID and e-government solutions in Eastern Europe

• Active in developing eco-friendly card materials and production processes

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4️⃣ 7. CompoSecure L.L.C

Headquarters: Somerset, New Jersey, USA
Key Offering: Metal Payment Cards, High-Embossed Cards, Arculus™ Cold Storage Wallet

CompoSecure is a pioneer and leader in the premium metal payment card market. The company specializes in crafting high-security, metal composite payment cards for premium credit card programs offered by major financial institutions worldwide. Their products are synonymous with luxury, durability, and enhanced security features.

Innovation & Market Position:

• Undisputed leader in the design and manufacture of metal payment cards

• Proprietary Arculus™ platform for cryptocurrency cold storage, integrating physical card access with digital asset security

• Focus on ultra-premium customer experience and bespoke card designs

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3️⃣ 8. DZ card

Headquarters: Ober-Mörlen, Germany
Key Offering: Smart Cards, In-Mold Cards, Card Solutions for Banking, ID, and Gift Cards

DZ card is a key player in the European card manufacturing landscape, known for its high-quality plastic and smart card solutions. The company serves a diverse client base across banking, retail, and loyalty sectors, with a strong emphasis on innovative printing techniques and durable card products.

Innovation & Market Position:

• Specialization in high-quality gift and loyalty card programs for retail giants

• Expertise in In-Mold Label (IML) technology for superior card graphics and durability

• Strategic focus on secure and efficient supply chain management for card issuance

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2️⃣ 9. United Security Printing (USP)

Headquarters: Islamabad, Pakistan
Key Offering: Bank Cards, SIM Cards, National ID Cards, Security Printing Services

United Security Printing (USP) is a leading security printer in South Asia and the Middle East. The company provides a wide range of secure card products, including banking cards for regional financial institutions and vital identity documents for government clients, adhering to international security standards.

Innovation & Market Position:

• Major regional supplier for banking and telecommunications sectors

• Involvement in large-scale government ID projects, including national ID card programs

• Investment in modern, high-security printing facilities to meet growing demand

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1️⃣ 10. KL HI-Tech Secure Print Limited

Headquarters: Kuala Lumpur, Malaysia
Key Offering: Secure Payment Cards, Government Identification Cards, Card Personalization

KL HI-Tech Secure Print Limited is a significant security printer in the Asia-Pacific region. The company specializes in producing high-security documents and cards, including payment cards for major banks and critical identification documents for government agencies, with a strong reputation for quality and reliability.

Innovation & Market Position:

• Key player in the ASEAN card market with a strong domestic presence in Malaysia

• Expertise in polycarbonate-based cards for enhanced durability and security in ID applications

• Commitment to adopting the latest security printing technologies to combat counterfeiting

Get Full Report Here:
Card Global Market – View in Detailed Research Report

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🌍 Outlook: The Future of Cards Is Digital, Secure, and Sustainable

The global card market is at a pivotal juncture. While the physical card remains a ubiquitous tool for payments and identification, its integration with digital ecosystems is accelerating. The industry’s future is being shaped by a dual focus on enhancing digital security features within the physical card and promoting environmental sustainability in its production.

📈 Key Trends Shaping the Market:

• Accelerated adoption of contactless and biometric payment cards for enhanced security and convenience.

• Growing regulatory and consumer pressure driving the shift towards sustainable card materials like recycled PVC, polylactic acid (PLA), and ocean-bound plastics.

• Convergence of physical cards with Digital Identity Wallets on smartphones, creating a hybrid model of security.

• Rising demand for advanced card solutions in emerging economies as financial inclusion and digital payment infrastructure expand.

Get Full Report Here:
Card Global Market – View in Detailed Research Report

The companies profiled are not just manufacturing cards; they are building the foundational security layers that enable trust in our increasingly digital and interconnected world.