Credit Cards Strategies: Innovation Analysis, Digital Transformation & Market Forecasts 2023-2027

The new Credit Card Strategies research report provides an independent analysis of the future evolution of this well-established market, with digital technologies changing the way credit cards are issued, accessed and used. It provides a comprehensive study of the growth expected in credit card use, and how credit card use will change over time, including the digital issuance of cards and how digital loyalty is being leveraged in the market. The credit card strategies research also presents insightful forecasts for the market, including the number of credit cards in issue, transaction volume and value, split by personal and corporate cards, as well as the number of cards including loyalty rewards and the monetary value of these rewards. Also included is the number of credit cards issued by digital issuance platforms, as well as the associated revenue for digital platform vendors. The credit card strategies report positions 15 key market players in the Competitor Leaderboard; providing an invaluable resource for stakeholders seeking to understand the competitive landscape in the highly varied and complex credit card platforms market.

Key Statistics

• 120mn - Market size in 2023
• 321mn - Market size in 2027
• 170% - 2023 to 2027 market growth
• 2023-2027 - Forecast period

Key Features

Market Dynamics: Provides a detailed assessment of market drivers and the key market trends within the credit cards market, as well as an in-depth evaluation of the future growth of the market and readiness for further disruption. This enables readers to understand the innovations driving this market forward.

Innovation Analysis: Analysis of how credit cards are being advanced by frequent new developments; transforming the market. Key innovations covered include:

• Digital loyalty programmes and their use within the credit cards market
• White-label credit cards
• Virtual credit cards
• Digital card issuance platforms for credit cards

Competitor Leaderboard: Key player capability and capacity assessment for 15 credit card platform providers; positioning them as either established leaders, leading challengers, or disruptors and challengers. Our Competitor Leaderboard scores these companies on their size of operations in the credit cards space, their extent and breadth of market partnerships, the sophistication of their platforms and the publisher’s view on each company’s innovation and future business prospects. The company profiles included in the Credit Card Platform Competitor Leaderboard are the following major players:

• American Express
• Discover
• Enfuce
• FIS
• Fiserv
• Global Payments
• Green Dot
• Marqeta
• Mastercard
• Modulr
• Paynetics
• Stripe
• Thales
• UnionPay
• Visa

Benchmark Industry Forecasts: 5-year forecasts for the credit cards market, including the number of credit cards that have been issued, transaction volume and value, split by personal and corporate cards, as well as the number of cards including loyalty rewards and the monetary value of these rewards. Also included is the number of credit cards issued by digital issuance platforms, as well as the associated revenue for digital platform vendors. This data is also split by our 8 key regions and 60 countries as follows:

North America:

• Canada, US

Latin America:

• Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay

West Europe:

• Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK

Central & East Europe:

• Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Turkey, Ukraine

Far East & China:

• China, Hong Kong, Japan, South Korea

Indian Subcontinent:

• Bangladesh, India, Nepal, Pakistan

Rest of Asia Pacific:

• Australia, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam

Africa & Middle East

• Algeria, Egypt, Israel, Kenya, Kuwait, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates

Research Deliverables

• Market Trends & Forecasts PDF Report - A comprehensive analysis of the current market landscape, alongside strategic recommendations and a walk-through of the forecasts.
• Interactive Forecast Excel - Full 5-year forecasts for every available market metric provided in Excel format, with interactive 'What If' and scenario tools.
• harvest Online Data Platform - Access the very latest data in our exclusive online data platform, harvest. All the data from Excel, with frequent updates and a more user-friendly interface.