Press release
Cards And Payments Market 2021 - Emerging Trends, Business Growth Opportunities, Major Driving Factors
The Business Research Company offers "Cards And Payments Global Market Report 2021: COVID-19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The cards and payments market report describes and explains the global cards and payments market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The cards and payments market consists of sales of cards and payments services by entities (organizations, sole traders and partnerships) that are engaged in storing, processing and transmitting payment card data. The cards and payments market is segmented into cards; and payments.
The global cards and payments market is expected to grow from $671.73 billion in 2020 to $729.9 billion in 2021 at a compound annual growth rate (CAGR) of 8.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $961.34 billion in 2025 at a CAGR of 7%.
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Some of the major players of the cards and payments market are American Express Company, Visa, Bank of America, PayPal, Mastercard.
The countries covered in the global cards and payments market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global cards and payments market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global cards and payments market is segmented -
1) By Type: Cards, Payments
2) By Institution Type: Banking Institutions, Non-Banking Institutions
Read More On The Global Cards And Payments Market Report:
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Few Points From Table Of Content
1.Executive Summary
2.Report Structure
3.Cards And Payments Market Characteristics
4.Cards And Payments Market Product Analysis
5.Cards And Payments Market Supply Chain
…
22.Key Mergers And Acquisitions In The Cards And Payments Market
23.Market Background: Lending And Payments Market
24.Recommendations
25.Appendix
26.Copyright And Disclaimer
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