Virtual Cards Market in Europe 2025-2029

Virtual Cards Market In Europe 2025-2029

The virtual cards market in europe is forecasted to grow by USD 122.7 bn during 2024-2029, accelerating at a CAGR of 18.4% during the forecast period. The report on the virtual cards market in europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high adoption of contactless payment solutions, increasing internet penetration globally, and growing focus on customer satisfaction.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's virtual cards market in europe is segmented as below:

By Product

  • B2B virtual cards
  • B2C remote payment virtual cards
  • B2C POS virtual cards
By Application
  • Business use
  • Consumer use
By Geographical Landscape
  • Europe
This study identifies the emergence of nfc-based payment technology as one of the prime reasons driving the virtual cards market in europe growth during the next few years. Also, new developments associated with virtual cards and integration of virtual cards with blockchain technology will lead to sizable demand in the market.

The report on the virtual cards market in europe covers the following areas:
  • Virtual Cards Market in Europe sizing
  • Virtual Cards Market in Europe forecast
  • Virtual Cards Market in Europe industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading virtual cards market in europe vendors that include Aion SA, AirPlus, Apple Inc., Bank of China Ltd., Barclays PLC, Bharti Airtel Ltd., bunq B.V., Capital One Financial Corp., Klarna Bank AB, Marqeta Inc., Mastercard Inc., Mindtree, Monese Ltd., Qonto, Revolut Ltd., Skrill Ltd., Stripe Inc., and WEX Inc.. Also, the virtual cards market in europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ billion)
Data Table on Regional - Market size and forecast 2024-2029 ($ billion)
Chart on Europe: Year-over-year growth 2024-2029 (%)
Data Table on Regional - Market size and forecast 2024-2029 ($ billion)
5 Historic Market Size
5.1 Virtual Cards Market in Europe 2019 - 2023
Historic Market Size - Data Table on Virtual Cards Market in Europe 2019 - 2023 ($ billion)
5.2 Product segment analysis 2019 - 2023
Historic Market Size - Product Segment 2019 - 2023 ($ billion)
5.3 Application segment analysis 2019 - 2023
Historic Market Size - Application Segment 2019 - 2023 ($ billion)
5.4 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
6.1 Impact of AI on Virtual Cards Market in Europe
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Product
8.1 Market segments
Chart on Product - Market share 2024-2029 (%)
Data Table on Product - Market share 2024-2029 (%)
8.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
8.3 B2B virtual cards - Market size and forecast 2024-2029
Chart on B2B virtual cards - Market size and forecast 2024-2029 ($ billion)
Data Table on B2B virtual cards - Market size and forecast 2024-2029 ($ billion)
Chart on B2B virtual cards - Year-over-year growth 2024-2029 (%)
Data Table on B2B virtual cards - Year-over-year growth 2024-2029 (%)
8.4 B2C remote payment virtual cards - Market size and forecast 2024-2029
Chart on B2C remote payment virtual cards - Market size and forecast 2024-2029 ($ billion)
Data Table on B2C remote payment virtual cards - Market size and forecast 2024-2029 ($ billion)
Chart on B2C remote payment virtual cards - Year-over-year growth 2024-2029 (%)
Data Table on B2C remote payment virtual cards - Year-over-year growth 2024-2029 (%)
8.5 B2C POS virtual cards - Market size and forecast 2024-2029
Chart on B2C POS virtual cards - Market size and forecast 2024-2029 ($ billion)
Data Table on B2C POS virtual cards - Market size and forecast 2024-2029 ($ billion)
Chart on B2C POS virtual cards - Year-over-year growth 2024-2029 (%)
Data Table on B2C POS virtual cards - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Product
Market opportunity by Product ($ billion)
Data Table on Market opportunity by Product ($ billion)
9 Market Segmentation by Application
9.1 Market segments
Chart on Application - Market share 2024-2029 (%)
Data Table on Application - Market share 2024-2029 (%)
9.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
9.3 Business use - Market size and forecast 2024-2029
Chart on Business use - Market size and forecast 2024-2029 ($ billion)
Data Table on Business use - Market size and forecast 2024-2029 ($ billion)
Chart on Business use - Year-over-year growth 2024-2029 (%)
Data Table on Business use - Year-over-year growth 2024-2029 (%)
9.4 Consumer use - Market size and forecast 2024-2029
Chart on Consumer use - Market size and forecast 2024-2029 ($ billion)
Data Table on Consumer use - Market size and forecast 2024-2029 ($ billion)
Chart on Consumer use - Year-over-year growth 2024-2029 (%)
Data Table on Consumer use - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Application
Market opportunity by Application ($ billion)
Data Table on Market opportunity by Application ($ billion)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
11.1 Geographic segmentation
Chart on Market share By Geographical Landscape - 2024-2029 (%)
Data Table on Market share By Geographical Landscape - 2024-2029 (%)
11.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
11.3 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ billion)
Data Table on UK - Market size and forecast 2024-2029 ($ billion)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
11.4 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ billion)
Data Table on France - Market size and forecast 2024-2029 ($ billion)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
11.5 Italy - Market size and forecast 2024-2029
Chart on Italy - Market size and forecast 2024-2029 ($ billion)
Data Table on Italy - Market size and forecast 2024-2029 ($ billion)
Chart on Italy - Year-over-year growth 2024-2029 (%)
Data Table on Italy - Year-over-year growth 2024-2029 (%)
11.6 Switzerland - Market size and forecast 2024-2029
Chart on Switzerland - Market size and forecast 2024-2029 ($ billion)
Data Table on Switzerland - Market size and forecast 2024-2029 ($ billion)
Chart on Switzerland - Year-over-year growth 2024-2029 (%)
Data Table on Switzerland - Year-over-year growth 2024-2029 (%)
11.7 Rest of Europe - Market size and forecast 2024-2029
Chart on Rest of Europe - Market size and forecast 2024-2029 ($ billion)
Data Table on Rest of Europe - Market size and forecast 2024-2029 ($ billion)
Chart on Rest of Europe - Year-over-year growth 2024-2029 (%)
Data Table on Rest of Europe - Year-over-year growth 2024-2029 (%)
11.8 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Table on Market opportunity By Geographical Landscape ($ billion)
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
Companies covered
14.2 Company ranking index
Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 Aion SA
Aion SA - Overview
Aion SA - Product / Service
Aion SA - Key offerings
SWOT
14.5 AirPlus
AirPlus - Overview
AirPlus - Product / Service
AirPlus - Key offerings
SWOT
14.6 Apple Inc.
Apple Inc. - Overview
Apple Inc. - Business segments
Apple Inc. - Key news
Apple Inc. - Key offerings
Apple Inc. - Segment focus
SWOT
14.7 Bharti Airtel Ltd.
Bharti Airtel Ltd. - Overview
Bharti Airtel Ltd. - Business segments
Bharti Airtel Ltd. - Key news
Bharti Airtel Ltd. - Key offerings
Bharti Airtel Ltd. - Segment focus
SWOT
14.8 bunq B.V.
bunq B.V. - Overview
bunq B.V. - Product / Service
bunq B.V. - Key offerings
SWOT
14.9 Klarna Bank AB
Klarna Bank AB - Overview
Klarna Bank AB - Product / Service
Klarna Bank AB - Key offerings
SWOT
14.10 Marqeta Inc.
Marqeta Inc. - Overview
Marqeta Inc. - Product / Service
Marqeta Inc. - Key offerings
SWOT
14.11 Mastercard Inc.
Mastercard Inc. - Overview
Mastercard Inc. - Product / Service
Mastercard Inc. - Key news
Mastercard Inc. - Key offerings
SWOT
14.12 Mindtree
Mindtree - Overview
Mindtree - Product / Service
Mindtree - Key offerings
SWOT
14.13 Monese Ltd.
Monese Ltd. - Overview
Monese Ltd. - Product / Service
Monese Ltd. - Key offerings
SWOT
14.14 Qonto
Qonto - Overview
Qonto - Product / Service
Qonto - Key offerings
SWOT
14.15 Revolut Ltd.
Revolut Ltd. - Overview
Revolut Ltd. - Product / Service
Revolut Ltd. - Key offerings
SWOT
14.16 Skrill Ltd.
Skrill Ltd. - Overview
Skrill Ltd. - Product / Service
Skrill Ltd. - Key offerings
SWOT
14.17 Stripe Inc.
Stripe Inc. - Overview
Stripe Inc. - Product / Service
Stripe Inc. - Key offerings
SWOT
14.18 WEX Inc.
WEX Inc. - Overview
WEX Inc. - Business segments
WEX Inc. - Key news
WEX Inc. - Key offerings
WEX Inc. - Segment focus
SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
Research methodology
15.5 Data procurement
Information sources
15.6 Data validation
Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Product
Exhibits6: Executive Summary - Chart on Market Segmentation by Application
Exhibits7: Executive Summary - Chart on Incremental Growth
Exhibits8: Executive Summary - Data Table on Incremental Growth
Exhibits9: Executive Summary - Chart on Company Market Positioning
Exhibits10: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits11: Overview on criticality of inputs and factors of differentiation
Exhibits12: Overview on factors of disruption
Exhibits13: Impact of drivers and challenges in 2024 and 2029
Exhibits14: Parent Market
Exhibits15: Data Table on - Parent Market
Exhibits16: Market characteristics analysis
Exhibits17: Value chain analysis
Exhibits18: Offerings of companies included in the market definition
Exhibits19: Market segments
Exhibits20: Chart on Europe - Market size and forecast 2024-2029 ($ billion)
Exhibits21: Data Table on Regional - Market size and forecast 2024-2029 ($ billion)
Exhibits22: Chart on Europe: Year-over-year growth 2024-2029 (%)
Exhibits23: Data Table on Regional - Market size and forecast 2024-2029 ($ billion)
Exhibits24: Historic Market Size - Data Table on Virtual Cards Market in Europe 2019 - 2023 ($ billion)
Exhibits25: Historic Market Size - Product Segment 2019 - 2023 ($ billion)
Exhibits26: Historic Market Size - Application Segment 2019 - 2023 ($ billion)
Exhibits27: Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
Exhibits28: Five forces analysis - Comparison between 2024 and 2029
Exhibits29: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits30: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits31: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits32: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits33: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits34: Chart on Market condition - Five forces 2024 and 2029
Exhibits35: Chart on Product - Market share 2024-2029 (%)
Exhibits36: Data Table on Product - Market share 2024-2029 (%)
Exhibits37: Chart on Comparison by Product
Exhibits38: Data Table on Comparison by Product
Exhibits39: Chart on B2B virtual cards - Market size and forecast 2024-2029 ($ billion)
Exhibits40: Data Table on B2B virtual cards - Market size and forecast 2024-2029 ($ billion)
Exhibits41: Chart on B2B virtual cards - Year-over-year growth 2024-2029 (%)
Exhibits42: Data Table on B2B virtual cards - Year-over-year growth 2024-2029 (%)
Exhibits43: Chart on B2C remote payment virtual cards - Market size and forecast 2024-2029 ($ billion)
Exhibits44: Data Table on B2C remote payment virtual cards - Market size and forecast 2024-2029 ($ billion)
Exhibits45: Chart on B2C remote payment virtual cards - Year-over-year growth 2024-2029 (%)
Exhibits46: Data Table on B2C remote payment virtual cards - Year-over-year growth 2024-2029 (%)
Exhibits47: Chart on B2C POS virtual cards - Market size and forecast 2024-2029 ($ billion)
Exhibits48: Data Table on B2C POS virtual cards - Market size and forecast 2024-2029 ($ billion)
Exhibits49: Chart on B2C POS virtual cards - Year-over-year growth 2024-2029 (%)
Exhibits50: Data Table on B2C POS virtual cards - Year-over-year growth 2024-2029 (%)
Exhibits51: Market opportunity by Product ($ billion)
Exhibits52: Data Table on Market opportunity by Product ($ billion)
Exhibits53: Chart on Application - Market share 2024-2029 (%)
Exhibits54: Data Table on Application - Market share 2024-2029 (%)
Exhibits55: Chart on Comparison by Application
Exhibits56: Data Table on Comparison by Application
Exhibits57: Chart on Business use - Market size and forecast 2024-2029 ($ billion)
Exhibits58: Data Table on Business use - Market size and forecast 2024-2029 ($ billion)
Exhibits59: Chart on Business use - Year-over-year growth 2024-2029 (%)
Exhibits60: Data Table on Business use - Year-over-year growth 2024-2029 (%)
Exhibits61: Chart on Consumer use - Market size and forecast 2024-2029 ($ billion)
Exhibits62: Data Table on Consumer use - Market size and forecast 2024-2029 ($ billion)
Exhibits63: Chart on Consumer use - Year-over-year growth 2024-2029 (%)
Exhibits64: Data Table on Consumer use - Year-over-year growth 2024-2029 (%)
Exhibits65: Market opportunity by Application ($ billion)
Exhibits66: Data Table on Market opportunity by Application ($ billion)
Exhibits67: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits68: Chart on Market share By Geographical Landscape - 2024-2029 (%)
Exhibits69: Data Table on Market share By Geographical Landscape - 2024-2029 (%)
Exhibits70: Chart on Geographic comparison
Exhibits71: Data Table on Geographic comparison
Exhibits72: Chart on UK - Market size and forecast 2024-2029 ($ billion)
Exhibits73: Data Table on UK - Market size and forecast 2024-2029 ($ billion)
Exhibits74: Chart on UK - Year-over-year growth 2024-2029 (%)
Exhibits75: Data Table on UK - Year-over-year growth 2024-2029 (%)
Exhibits76: Chart on France - Market size and forecast 2024-2029 ($ billion)
Exhibits77: Data Table on France - Market size and forecast 2024-2029 ($ billion)
Exhibits78: Chart on France - Year-over-year growth 2024-2029 (%)
Exhibits79: Data Table on France - Year-over-year growth 2024-2029 (%)
Exhibits80: Chart on Italy - Market size and forecast 2024-2029 ($ billion)
Exhibits81: Data Table on Italy - Market size and forecast 2024-2029 ($ billion)
Exhibits82: Chart on Italy - Year-over-year growth 2024-2029 (%)
Exhibits83: Data Table on Italy - Year-over-year growth 2024-2029 (%)
Exhibits84: Chart on Switzerland - Market size and forecast 2024-2029 ($ billion)
Exhibits85: Data Table on Switzerland - Market size and forecast 2024-2029 ($ billion)
Exhibits86: Chart on Switzerland - Year-over-year growth 2024-2029 (%)
Exhibits87: Data Table on Switzerland - Year-over-year growth 2024-2029 (%)
Exhibits88: Chart on Rest of Europe - Market size and forecast 2024-2029 ($ billion)
Exhibits89: Data Table on Rest of Europe - Market size and forecast 2024-2029 ($ billion)
Exhibits90: Chart on Rest of Europe - Year-over-year growth 2024-2029 (%)
Exhibits91: Data Table on Rest of Europe - Year-over-year growth 2024-2029 (%)
Exhibits92: Market opportunity By Geographical Landscape ($ billion)
Exhibits93: Data Table on Market opportunity By Geographical Landscape ($ billion)
Exhibits94: Impact of drivers and challenges in 2024 and 2029
Exhibits95: Overview on criticality of inputs and factors of differentiation
Exhibits96: Overview on factors of disruption
Exhibits97: Impact of key risks on business
Exhibits98: Companies covered
Exhibits99: Company ranking index
Exhibits100: Matrix on companies position and classification
Exhibits101: Aion SA - Overview
Exhibits102: Aion SA - Product / Service
Exhibits103: Aion SA - Key offerings
Exhibits104: SWOT
Exhibits105: AirPlus - Overview
Exhibits106: AirPlus - Product / Service
Exhibits107: AirPlus - Key offerings
Exhibits108: SWOT
Exhibits109: Apple Inc. - Overview
Exhibits110: Apple Inc. - Business segments
Exhibits111: Apple Inc. - Key news
Exhibits112: Apple Inc. - Key offerings
Exhibits113: Apple Inc. - Segment focus
Exhibits114: SWOT
Exhibits115: Bharti Airtel Ltd. - Overview
Exhibits116: Bharti Airtel Ltd. - Business segments
Exhibits117: Bharti Airtel Ltd. - Key news
Exhibits118: Bharti Airtel Ltd. - Key offerings
Exhibits119: Bharti Airtel Ltd. - Segment focus
Exhibits120: SWOT
Exhibits121: bunq B.V. - Overview
Exhibits122: bunq B.V. - Product / Service
Exhibits123: bunq B.V. - Key offerings
Exhibits124: SWOT
Exhibits125: Klarna Bank AB - Overview
Exhibits126: Klarna Bank AB - Product / Service
Exhibits127: Klarna Bank AB - Key offerings
Exhibits128: SWOT
Exhibits129: Marqeta Inc. - Overview
Exhibits130: Marqeta Inc. - Product / Service
Exhibits131: Marqeta Inc. - Key offerings
Exhibits132: SWOT
Exhibits133: Mastercard Inc. - Overview
Exhibits134: Mastercard Inc. - Product / Service
Exhibits135: Mastercard Inc. - Key news
Exhibits136: Mastercard Inc. - Key offerings
Exhibits137: SWOT
Exhibits138: Mindtree - Overview
Exhibits139: Mindtree - Product / Service
Exhibits140: Mindtree - Key offerings
Exhibits141: SWOT
Exhibits142: Monese Ltd. - Overview
Exhibits143: Monese Ltd. - Product / Service
Exhibits144: Monese Ltd. - Key offerings
Exhibits145: SWOT
Exhibits146: Qonto - Overview
Exhibits147: Qonto - Product / Service
Exhibits148: Qonto - Key offerings
Exhibits149: SWOT

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