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Entrust Datacard

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uuid00081ta

Namestring
Entrust Datacard
Legal namestring
Entrust Corporation
Company typeenum
Private
Founded yearint
1969
Descriptiontext

Entrust Datacard offers trusted identity and secure transaction technologies that make making purchases, crossing borders, accessing e-gov services or logging onto corporate networks reliable and secure. Entrust Datacard is engaged in government identity programs in more than 150 countries for e-passports, national IDs, driver’s licenses and other secure credentials. Solutions have been implemented in 18 of the 20 largest e-gov programs globally. 165,000 passports, 10 million credentials and 5 million smart cards are issued daily using Entrust Datacard’s technologies.

Short descriptiontext

Entrust Datacard provides technologies to establish trusted identities and conduct highly secure transactions.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersShakopee, United States
HQ citystring
Shakopee
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
identity verification, hardware security modules, public key infrastructure, digital card issuance, cryptographic security
Industry4 codes
PRIMARYBPAMAEAL
Device Identity & Certificate-Based Authentication (PKI)
Business & Public Services/Web, Mobile & Digital Platforms/Digital Identity, Authentication & Access
SECONDARYFSAGAMAB
Digital Asset Custody & Key Management (MPC, HSM, Wallet Infra)
Financial & Insurance/Financial Technology (Fintech)/Blockchain & Web3 Financial Infrastructure (Tokenization, Custody Tech)
SECONDARYHDAHAAAJ
Secure ICs, Smart Cards & Trusted Hardware
SECONDARYFSAMADAK
POS Security, Encryption & Key Management (P2PE, HSM, Key Injection)
Financial & Insurance/Payments & Transaction Processing/Point-of-Sale (POS) Payments & Terminals
NAICS code1 code
  • Software Publishers5132
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model6 records
1Hardware Security Modules
TypeHardware Sales
Description

Sale and licensing of enterprise HSM hardware (nShield line) and nShield as a Service cloud offering for cryptographic key protection.

entrust.com
2Card and ID Issuance Systems
TypeHardware Sales
Description

Central issuance systems and instant issuance solutions for financial payment cards and government identity documents. Includes related supplies and maintenance.

entrust.com
3PKI and Certificate Services
TypeSubscription Recurring
Description

Public Key Infrastructure solutions and digital certificate services including certificate issuance, management, and validation. Cloud-based certificate services portal.

entrust.com
4Identity Verification Services
TypeSubscription Recurring
Description

Biometric-based identity verification solutions for secure onboarding, available via workflow studio and integrated platforms.

entrust.com
5Authentication Solutions
TypeSubscription Recurring
Description

Multi-factor authentication and identity access management solutions for secure access and transactions.

entrust.com
6Printer Supplies
TypeHardware Sales
Description

Consumables and supplies for card issuance printers sold through Entrust Store e-commerce platform.

entrust.com
Marketing channels10 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Marketing or Sales, Operations, Supply Chain
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Entrust provides identity-centric security products and services spanning the full identity lifecycle, including biometric identity verification, Public Key Infrastructure (PKI), hardware security modules (nShield HSMs), card and ID issuance systems, identity and access management, and electronic/digital signing solutions. The company sells both hardware (HSMs, card printers) and software/cloud services (PKI, certificate management, identity verification, IAM) to financial institutions, governments, and enterprises globally. Its Cryptographic Security Platform unifies PKI, certificate lifecycle management, key management, and HSM operations from a single cloud-based interface.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 20B+ payment cards issued in last 50 years
+2 more records
Product overview1 text field

Entrust Datacard provides a comprehensive identity-centric security platform with three integrated solution pillars: Issuance (Central Issuance, Instant Financial Issuance, Instant ID Issuance, Digital Card Solution), Identity Security (Identity Verification, Identity & Access Management, Electronic and Digital Signing), and Data Security (Hardware Security Modules, Cryptographic Security Platform, PKI, Certificate Management, Key and Secrets Management, Digital Signing Infrastructure). The flagship Cryptographic Security Platform serves as the unified orchestration layer combining PKI, certificate lifecycle management, key management, and HSM capabilities. Products span from hardware-based security (nShield HSMs) to cloud-native services (digital card issuance, certificate hub) and serve financial institutions, government agencies, healthcare organizations, and enterprises across 20B+ payment cards issued and 110M+ identities protected.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
1Partner Central
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Partner portal for the global partner network providing login access for channel partners to manage relationships, access resources, and coordinate go-to-market activities.

entrust.com
2TrustedCare
Strategic tierCoreTypeImplementation/ SI/ Consulting Partner
Description

Partner portal providing service and support resources for partners implementing Entrust solutions, including maintenance and certification support.

entrust.com
3Onfido
Strategic tierStrategicTypeTechnology or Integration
Description

Integration partner for identity verification services. Dashboard and Developer Hub available at onfido.com. Onfido Status page monitored for service reliability. Provides biometric identity verification capabilities integrated with Entrust solutions.

entrust.com
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
1Thales Group
TypeDirect peer
Description

Thales is a direct competitor in digital identity and security, offering HSMs, PKI, smart cards, and government ID solutions through its Thales DIS (formerly Gemalto) division. It is one of the top players alongside Entrust in the Smart Card Government and Digital Identity Card markets.

2IDEMIA
TypeDirect peer
Description

IDEMIA is a direct peer in identity and security, specializing in smart cards, government IDs, biometric identity verification, and financial card issuance. It competes head-to-head with Entrust in national ID programs and payment card issuance.

3HID Global
TypeDirect peer
Description

HID Global (an ASSA ABLOY company) provides identity and access management, secure card issuance, PKI, and credentialing solutions. It directly overlaps with Entrust's IAM, card issuance, and digital identity offerings, especially in enterprise and government.

4Utimaco
TypeDirect peer
Description

Utimaco is a leading provider of hardware security modules (HSMs) and key management, directly competing with Entrust's nShield HSM line. Its on-prem and cloud HSM offerings target the same financial services, government, and enterprise customers.

5Gemalto
TypeDirect peer
Description

Gemalto (now part of Thales DIS) was historically one of Entrust's closest competitors in smart card issuance, PKI, and government ID. It is referenced alongside Entrust in Digital Identity Card industry rankings.

6DigiCert
TypeDirect peer
Description

DigiCert is a leading PKI and TLS/SSL certificate authority, directly competing with Entrust's certificate management and PKI offerings. Both serve enterprises needing digital certificate issuance, lifecycle management, and code signing.

7Okta
TypeBroad incumbent
Description

Okta is a leading cloud-native identity and access management platform, competing with Entrust's IAM and authentication solutions. While Entrust focuses on high-assurance and on-prem, Okta leads in SaaS-delivered workforce and customer identity.

8NXP Semiconductors
TypeBroad incumbent
Description

NXP is a semiconductor company whose secure element chips power many of the smart cards and government IDs that Entrust and others help issue. It is referenced alongside Entrust in the Smart Card Government Market top 5.

9GlobalSign
TypeDirect peer
Description

GlobalSign is a PKI and digital certificate provider that directly competes with Entrust's certificate management, PKI, and digital signing solutions for enterprises and developers.

10Yubico
TypeEmerging player
Description

Yubico is a hardware authentication leader (YubiKey) that competes in the multi-factor authentication and workforce identity space overlapping with Entrust's authentication and IAM portfolio, though it focuses on consumer/developer-friendly hardware tokens.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat7 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers14 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

API detail
Has APIbool
Yes

Docs URL, Description

Integration1 record

Each record includes

Title, Type, Description, Source

AI capability8 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature11 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment2 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Entrust Datacard

Entrust Datacard provides technologies to establish trusted identities and conduct highly secure transactions.

What Entrust Datacard does

Entrust Datacard offers trusted identity and secure transaction technologies that make making purchases, crossing borders, accessing e-gov services or logging onto corporate networks reliable and secure. Entrust Datacard is engaged in government identity programs in more than 150 countries for e-passports, national IDs, driver’s licenses and other secure credentials. Solutions have been implemented in 18 of the 20 largest e-gov programs globally. 165,000 passports, 10 million credentials and 5 million smart cards are issued daily using Entrust Datacard’s technologies.

Entrust Datacard firmographics

Firmographics
Name
Entrust Datacard
Legal name
Entrust Corporation
Website
https://www.entrustdatacard.com
Company type
Private
Founded year
1969
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Entrust Datacard provides technologies to establish trusted identities and conduct highly secure transactions.
Ownership category
akta.pro rank

Entrust Datacard industry classification

Industry
NAICS
Software Publishers (5132)
akta.pro industry
PRIMARYBPAMAEAL
Device Identity & Certificate-Based Authentication (PKI)
Business & Public Services/Web, Mobile & Digital Platforms/Digital Identity, Authentication & Access
SECONDARYFSAGAMAB
Digital Asset Custody & Key Management (MPC, HSM, Wallet Infra)
Financial & Insurance/Financial Technology (Fintech)/Blockchain & Web3 Financial Infrastructure (Tokenization, Custody Tech)
SECONDARYHDAHAAAJ
Secure ICs, Smart Cards & Trusted Hardware
SECONDARYFSAMADAK
POS Security, Encryption & Key Management (P2PE, HSM, Key Injection)
Financial & Insurance/Payments & Transaction Processing/Point-of-Sale (POS) Payments & Terminals

Keywords

  • Identity verification
  • Hardware security modules
  • Public key infrastructure
  • Digital card issuance
  • Cryptographic security

Where Entrust Datacard is headquartered

Location

Headquarters

HQ city
Shakopee
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Entrust Datacard business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Marketing or Sales, Operations, Supply Chain

Revenue model

  1. Hardware Security Modules: Sale and licensing of enterprise HSM hardware (nShield line) and nShield as a Service cloud offering for cryptographic key protection.
  2. Card and ID Issuance Systems: Central issuance systems and instant issuance solutions for financial payment cards and government identity documents. Includes related supplies and maintenance.
  3. PKI and Certificate Services: Public Key Infrastructure solutions and digital certificate services including certificate issuance, management, and validation. Cloud-based certificate services portal.
  4. Identity Verification Services: Biometric-based identity verification solutions for secure onboarding, available via workflow studio and integrated platforms.
  5. Authentication Solutions: Multi-factor authentication and identity access management solutions for secure access and transactions.
  6. Printer Supplies: Consumables and supplies for card issuance printers sold through Entrust Store e-commerce platform.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels10 records

Entrust Datacard product offering

Product offering

Core offering

Entrust provides identity-centric security products and services spanning the full identity lifecycle, including biometric identity verification, Public Key Infrastructure (PKI), hardware security modules (nShield HSMs), card and ID issuance systems, identity and access management, and electronic/digital signing solutions. The company sells both hardware (HSMs, card printers) and software/cloud services (PKI, certificate management, identity verification, IAM) to financial institutions, governments, and enterprises globally. Its Cryptographic Security Platform unifies PKI, certificate lifecycle management, key management, and HSM operations from a single cloud-based interface.

Product overview

Entrust Datacard provides a comprehensive identity-centric security platform with three integrated solution pillars: Issuance (Central Issuance, Instant Financial Issuance, Instant ID Issuance, Digital Card Solution), Identity Security (Identity Verification, Identity & Access Management, Electronic and Digital Signing), and Data Security (Hardware Security Modules, Cryptographic Security Platform, PKI, Certificate Management, Key and Secrets Management, Digital Signing Infrastructure). The flagship Cryptographic Security Platform serves as the unified orchestration layer combining PKI, certificate lifecycle management, key management, and HSM capabilities. Products span from hardware-based security (nShield HSMs) to cloud-native services (digital card issuance, certificate hub) and serve financial institutions, government agencies, healthcare organizations, and enterprises across 20B+ payment cards issued and 110M+ identities protected.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

  • 20B+ payment cards issued in last 50 years
  • +2 more outcomes

Companies that use Entrust Datacard

Customer profile

Named customers14 records

Segments6 records

Entrust Datacard technology and API

Technology

API detail

Has API
Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability8 records

Feature11 records

Entrust Datacard partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core and strategic.

  • Partner CentralcoreChannel Partner/ Reseller/ DistributorPartner portal for the global partner network providing login access for channel partners to manage relationships, access resources, and coordinate go-to-market activities.
  • TrustedCarecoreImplementation/ SI/ Consulting PartnerPartner portal providing service and support resources for partners implementing Entrust solutions, including maintenance and certification support.
  • OnfidostrategicTechnology or IntegrationIntegration partner for identity verification services. Dashboard and Developer Hub available at onfido.com. Onfido Status page monitored for service reliability. Provides biometric identity verification capabilities integrated with Entrust solutions.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Entrust Datacard competitors and assessment

Company assessment

Direct peers

  • Thales Group: Thales is a direct competitor in digital identity and security, offering HSMs, PKI, smart cards, and government ID solutions through its Thales DIS (formerly Gemalto) division. It is one of the top players alongside Entrust in the Smart Card Government and Digital Identity Card markets.
  • IDEMIA: IDEMIA is a direct peer in identity and security, specializing in smart cards, government IDs, biometric identity verification, and financial card issuance. It competes head-to-head with Entrust in national ID programs and payment card issuance.
  • HID Global: HID Global (an ASSA ABLOY company) provides identity and access management, secure card issuance, PKI, and credentialing solutions. It directly overlaps with Entrust's IAM, card issuance, and digital identity offerings, especially in enterprise and government.
  • Utimaco: Utimaco is a leading provider of hardware security modules (HSMs) and key management, directly competing with Entrust's nShield HSM line. Its on-prem and cloud HSM offerings target the same financial services, government, and enterprise customers.
  • Gemalto: Gemalto (now part of Thales DIS) was historically one of Entrust's closest competitors in smart card issuance, PKI, and government ID. It is referenced alongside Entrust in Digital Identity Card industry rankings.
  • DigiCert: DigiCert is a leading PKI and TLS/SSL certificate authority, directly competing with Entrust's certificate management and PKI offerings. Both serve enterprises needing digital certificate issuance, lifecycle management, and code signing.
  • GlobalSign: GlobalSign is a PKI and digital certificate provider that directly competes with Entrust's certificate management, PKI, and digital signing solutions for enterprises and developers.

Broad incumbents

  • Okta: Okta is a leading cloud-native identity and access management platform, competing with Entrust's IAM and authentication solutions. While Entrust focuses on high-assurance and on-prem, Okta leads in SaaS-delivered workforce and customer identity.
  • NXP Semiconductors: NXP is a semiconductor company whose secure element chips power many of the smart cards and government IDs that Entrust and others help issue. It is referenced alongside Entrust in the Smart Card Government Market top 5.

Emerging players

  • Yubico: Yubico is a hardware authentication leader (YubiKey) that competes in the multi-factor authentication and workforce identity space overlapping with Entrust's authentication and IAM portfolio, though it focuses on consumer/developer-friendly hardware tokens.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

Entrust Datacard social profiles

Digital presence

Entrust Datacard financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Entrust Datacard leadership team

Management profile

Number of profiles

Entrust Datacard funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Entrust Datacard M&A and investment

M&A and investment

M&A6 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Entrust Datacard

What does Entrust Datacard do?

Entrust provides identity-centric security products and services spanning the full identity lifecycle, including biometric identity verification, Public Key Infrastructure (PKI), hardware security modules (nShield HSMs), card and ID issuance systems, identity and access management, and electronic/digital signing solutions. The company sells both hardware (HSMs, card printers) and software/cloud services (PKI, certificate management, identity verification, IAM) to financial institutions, governments, and enterprises globally. Its Cryptographic Security Platform unifies PKI, certificate lifecycle management, key management, and HSM operations from a single cloud-based interface.

Is Entrust Datacard a public or private company?

Entrust Datacard is a private company. It is currently operating.

When was Entrust Datacard founded?

Entrust Datacard was founded in 1969. It employs 1,001 to 5,000 people.

Where is Entrust Datacard based?

Entrust Datacard is headquartered in Shakopee, United States, in the North America region.

How does Entrust Datacard make money?

Six revenue lines are on record. Hardware Security Modules are the primary driver. The others are card and ID Issuance Systems, PKI and Certificate Services, identity Verification Services, authentication Solutions and printer Supplies.

Who are Entrust Datacard's main competitors?

Direct peers on record are Thales Group, IDEMIA, HID Global, Utimaco, Gemalto, DigiCert and GlobalSign. Broad incumbents are Okta and NXP Semiconductors. Yubico is listed as an emerging player.

Does Entrust Datacard have an API?

Yes. Entrust provides developer-facing documentation and API access through its Onfido Developer Hub (for identity verification) and Signhost services. The website references developer resources, API libraries, and reference materials available in their resource hub. Developer documentation is at developers.onfido.com.

What industry is Entrust Datacard in?

Its primary akta.pro industry code is BPAMAEAL, Device Identity & Certificate-Based Authentication (PKI), with a secondary code of FSAGAMAB, Digital Asset Custody & Key Management (MPC, HSM, Wallet Infra). Its NAICS code is 5132.

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Live signals
openPR.comSmart Card in Government Market to Reach USD 8,899.0 Million by 2035, Driven by Digital Identity Expansion and Biometric Security IntegrationFuture Market Insights published a market research report projecting the global smart card in government market to grow from USD 4,841.8 million in 2025 to USD 8,899.0 million by 2035, at a compound annual growth rate of 6.3%. The growth is attributed to increasing demand for secure digital identity systems, expansion of biometric and contactless technologies, and government-led digital transformation initiatives. Key players in the market include Thales Group, IDEMIA, Entrust Datacard, HID Global, and NXP Semiconductors.openPR.comDigital Identity Card Industry Analysis: the global market is projected to reach US$ 2530 millionQY Research Inc. released its latest market report on the global Digital Identity Card industry, projecting the market to grow from US$1,029.78 million in 2025 to US$2,530 million by 2032, representing a compound annual growth rate of 12.36% during the forecast period. The report identifies biometric-based solutions as the dominant segment with 78.26% market share, while government applications account for 72.13% of total market demand. The competitive landscape shows the top five global players—Siemens, Gemalto, Entrust Datacard, HID Global, and IDEMIA—collectively holding 42.39% of market revenue.openPR.comPublic Key Infrastructure Pki Market to Reach USD 12.0 billion by 2033, Growing at 12% CAGR: By Key Players-DigiCert, GlobalSign, Entrust DatacardThe global Public Key Infrastructure (PKI) market is projected to reach USD 12.0 billion by 2031, growing at a 12% CAGR from 2025 to 2031. The market is estimated at USD 4.5 billion in 2024, driven by rising cyber threats and digital transformation. Asia-Pacific is expected to see the highest growth potential.DatainteloDocument Authentication Market Research Report 2033A market research report forecasts the global document authentication market will grow from USD 7.4 billion in 2024 to USD 22.6 billion by 2033, driven by rising fraud incidents and regulatory compliance needs. The analysis highlights that North America currently dominates the market while Asia Pacific is the fastest-growing region due to rapid digital adoption. Key industry players such as Thales Group, Adobe Systems, Entrust Datacard, and DocuSign are actively competing through technological innovation and strategic partnerships.openPR.comPublic Key Infrastructure Pki Market Segmentation Analysis by Application, Type, and Key Players-DigiCert, GlobalSign, Entrust Datacard, Comodo, IDEMIAThe global Public Key Infrastructure (PKI) market is projected to reach USD 12.0 billion by 2031, growing at a 12% CAGR from 2025 to 2031, with an estimated USD 4.5 billion in 2024. Growth is driven by rising industrial adoption, technological innovation, and government initiatives, with Asia-Pacific expected to see the highest growth prospects.openPR.comDigital Signature Software Market CAGR 33.10% Dynamics and Contributions by VASCO Data Security International, RightSignature, SERTIFI, Identrust, Entrust Datacard, Cryptolog, Ascertia, ComsigntrustThe digital signature software market is projected to grow at a CAGR of 33.10% from 2025 to 2032, driven by remote work and digital transformation. Key players include VASCO, RightSignature, and Entrust, with growth fueled by AI, blockchain, and cloud integration. The market is expected to surpass a significant valuation by 2032.openPR.comGlobal SSL Certificate Market Size 2025 Emerging Demands, Share, Trends, Futuristic Opportunity, Share and Forecast To 2032 | GoDaddy Inc., Entrust Datacard, ThawteThe global SSL certificate market is projected to grow from USD 234.5 million in 2025 to USD 518.4 million by 2032, a CAGR of 12%. The forecast is based on a market research report by Coherent Market Insights, which also covers key players and regional segmentation.MarketsandMarketsTop Public Key Infrastructure (PKI) Companies - Thales, Entrust Datacard, DigiCertA market research report lists the leading public key infrastructure companies, including Thales, Entrust Datacard, DigiCert, ManageEngine, Microsoft, HID Global, Google, AWS, AppViewX, Venafi and Nexus. The report estimates the global PKI market at USD 5.5 billion in 2023, projected to reach USD 13.8 billion by 2028 at a 20.2% CAGR.PR NewswireUSD 7.10 Billion Growth in Digital Signature Market | Emergence of Adobe Inc., DocuSign Inc., Dropbox Inc., Entrust Datacard Corp., and GMO Internet Inc. among key vendors| TechnavioTechnavio forecasts the digital signature market to grow by USD 7.10 billion from 2020 to 2025, at a CAGR of 30%. North America is expected to contribute 33% of growth, with the BFSI segment holding the largest share. Security concerns are cited as a key challenge.PR NewswireTransit Cards Market 2021-2026: Notable Global Players Include Beijing Watchdata, Thales Group and Entrust CorporationResearch and Markets has added a new industry report forecasting the global transit cards market to exhibit moderate growth through 2026, following a 5% CAGR between 2015 and 2020. The report identifies key drivers such as urbanization, transportation digitization, and product innovations like contactless technology. It profiles major industry players including Thales Group, Entrust Corporation, and Beijing Watchdata.