Closer to Home
In June of 2003, Boston-based Arthur Blank & Co. entered into a strategic alliance with Alegra Technologies. "Since our alliance with Alegra, we have seen a large increase in smart card manufacturing," said Eric Domschine, marketing manager at Arthur Blank & Co.
Domschine pointed out that Frost and Sullivan—a market consultant specializing in emerging high technology—anticipates that the compound annual growth rate for unit shipments of smart cards in the United States between 2002 and 2006 will be 9 percent. In terms of revenue, international business research company The Freedonia Group projects that the U.S. market will be worth $475 million in 2006, compared with $150 million in 2001. "That includes chip cards, readers, software and services," he added.
- Companies:
- RMF Printing Technologies
- People:
- Eric Domschine
- Jim Canfield
- Places:
- Pittsburgh
- United States