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“Card Diversity and Novel Prepaid Card Applications Spur Growth in the Prepaid Cards Market” © Global Industry Analysts, Inc., 6150 Hellyer Ave., San Jose, CA 95138, USA, Phone: 408-528-9966. All Rights Reserved For more details November 2014 Release
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© Global Industry Analysts, Inc., 6150 Hellyer Ave., San Jose, CA 95138, USA, Phone: 408-528-9966. All Rights Reserved Global market for Prepaid Cards is projected to reach US$2.4 trillion by 2020, driven by introduction of innovative new Prepaid Card solutions, and rising demand from unbanked consumers. Other factors driving growth in the market include a robust e-commerce market, growing preference to transact using Prepaid Cards as against credit or debit cards, and rising popularity of prepaid gift cards and prepaid payroll cards. The United States represents the largest market worldwide. Asia-Pacific ranks as the fastest growing market with a projected CAGR of 17.6% over the analysis period. Steady economic growth, growing population, rising standards of living, expanding retail network, and increasing per capita consumer spending, represent key growth drivers in the region. American Express Company Axis Bank Limited The Bancorp Bank InteliSpend Prepaid Solutions LLC Itz Cash Card Ltd. MasterCard Inc. Visa Inc. The Western Union Company Major Players… US$2.4 trillion 2014 2015 2016 2017 2018 2020 20192013
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© Global Industry Analysts, Inc., 6150 Hellyer Ave., San Jose, CA 95138, USA, Phone: 408-528-9966. All Rights Reserved Rise in Online Shopping Boosts Popularity of Prepaid Cards Increased Retailer Acceptance of Card Based Payments: A Fundamental Growth Driver Underbanked Consumers Provide Huge Untapped Potential for Growth Virtual Prepaid Payment Cards: The New Frontier for Growth Rise in Tourism Benefits Adoption of Prepaid Travel Cards Lack of Consumer Awareness: A Major Challenge to Growth Snapshot Summary of Market Trends & Drivers The United States represents the largest market worldwide. Asia-Pacific ranks as the fastest growing market with a CAGR of 17.6% over the analysis period USA
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© Global Industry Analysts, Inc., 6150 Hellyer Ave., San Jose, CA 95138, USA, Phone: 408-528-9966. All Rights Reserved GIA’s Actionable Research Insights Market Analytics Market Profiling Competitive Intelligence Estimates and Forecasts for 2013-2020 Historic Review for Years 2006 through 2012 Geographic Regions Analyzed – US, Canada, Japan, Europe (France, Germany, Italy, UK, Russia and Rest of Europe), Asia- Pacific (China and Rest of Asia- Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World Key Segments Analyzed - Closed Loop Prepaid Cards and Open Loop Prepaid Cards Market Trends & Issues Growth Drivers & Enablers Growth Inhibitors Opportunities and Challenges Recent Industry Activity Product Innovations & Trends Market Analyses, Facts, Figures & Forecasts Coverage of Major & Niche Players Comprehensive Geographic Coverage Product Market Analysis 171 major and niche players covered To browse full report table of contents, please
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© Global Industry Analysts, Inc., 6150 Hellyer Ave., San Jose, CA 95138, USA, Phone: 408-528-9966. All Rights Reserved About Global Industry Analysts, Inc. Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms. Global Industry Analysts, Inc. Telephone: 408-528-9966 Fax: 408-528-9977 Email: press@StrategyR.compress@StrategyR.com Web Site: http://www.strategyr.com/http://www.strategyr.com/
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© Global Industry Analysts, Inc., 6150 Hellyer Ave., San Jose, CA 95138, USA, Phone: 408-528-9966. All Rights Reserved The research report titled “Prepaid Cards: A Global Strategic Business Report” published by Global Industry Analysts, Inc., is now available for purchase online. To view report excerpts and the full table of contents (TOC) and to sign up for a comprehensive complimentary review of our research program including details on methodology, secondary and primary sources and summary of research findings, please visit – http://www.strategyr.com/Prepaid_Cards_Market_Report.asp
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