Global Cards and Payments Market Growth (Status and Outlook) 2023-2029
Cards payment is one of non-cash payments services in modern payment system. Non-cash payments included credit transfers, direct debits, card payments with cards issued by resident payment service providers, e-money payments, cheques and other payment services. Cards payment in this report include the Prepaid debit card, Non-prepaid debit card and Credit card.
LPI (LP Information)' newest research report, the “Cards and Payments Industry Forecast” looks at past sales and reviews total world Cards and Payments sales in 2022, providing a comprehensive analysis by region and market sector of projected Cards and Payments sales for 2023 through 2029. With Cards and Payments sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cards and Payments industry.
This Insight Report provides a comprehensive analysis of the global Cards and Payments landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cards and Payments portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cards and Payments market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cards and Payments and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cards and Payments.
The global Cards and Payments market size is projected to grow from US$ 57330 million in 2022 to US$ 140760 million in 2029; it is expected to grow at a CAGR of 13.7% from 2023 to 2029.
The Asia-Pacific is the largest market with more than 55% market share, followed by North America and Europe.
The bank card payment industry has a relatively high degree of concentration, with the top three manufacturers having a combined market share of nearly 95%. The key vendors are China UnionPay, Visa, MasterCard, American Express, Discover and JCB etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Cards and Payments market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Credit Card
Debit Card
Prepaid Card
Segmentation by application
Online
Offline
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
China UnionPay
Visa
MasterCard
American Express
Discover
JCB
Please note: The report will take approximately 2 business days to prepare and deliver.
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