Cards Global Market Report 2021 - By Type (General Purpose, Private Label), By Usage (General-Purpose Re-loadable Card, Government Benefit/Disbursement Card, Payroll Card), By End User (Retail Establishments, Corporate Institutions, Government, Financial Institutions), COVID-19 Impact And Recovery
What is the definition of the cards market?
The cards market consists of sales of cards services by entities (organizations, sole traders, and partnerships) that are engaged in storing, processing, and transmitting payment card data. This market covers issuing and acquiring banks, card processing, and issuing companies, and others. Revenue generated from the cards market includes all processing and service fees levied by banks and financial institutions for processing card-based payments.
How will the cards market drivers and restraints affect cards market dynamics? What forces will shape the cards industry going forward?
The cards market growth is aided by the rising demand for credit cards. However, some cards market restraints include increasing incidences of fraudulence.
What is the forecast market size of the cards market?
The cards market forecast is expected to reach $225.95 billion in 2025 at a compound annual growth rate of 1.6%.
How is the cards market segmented?
The global cards market is segmented -
1) By Type: General Purpose, Private Label
2) By Usage: General-Purpose Re-loadable Card, Government Benefit/Disbursement Card, Payroll Card, Others
3) By End User: Retail Establishments, Corporate Institutions, Government, Financial Institutions, Others
Which region has largest share, and what is the market size and growth by geography according to the cards global market report?
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Who are the key players of the global cards market?
Top competitors in the cards market are Citibank, Mastercard Incorporated, The American Express Company, Visa Inc., JPMorgan Chase & Co, Kaiku Finance LLC, Mango Financial Inc, Green Dot Corporation, NetSpend Holdings, PayPal Holdings, BBVA Compass Bancshares, UniRush, HDFC Bank Ltd., SBI Cards and Payment Services Limited, ICICI Bank Limited, Axis Bank Limited, Bank of Baroda, Capital One Financial Corporation, The Bank of America Corporation, Wells Fargo, Discover Bank, Total System Services Inc, The PNC Financial Services Group Inc., TSYS, Ebay, The Western Union Company.
What are the key trends in the global cards market?
Major trends influencing the cards market include the growing technological innovations.
What are the major opportunities in the cards market and the approaches companies can take to take advantage of them?
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How does the cards market relate to the overall economy and other similar markets?
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