United States Prepaid Cards Market 2022 Business Opportunities, Current Trends, Challenges and Forecast 2025
Click here to get a free sample copy of latest research on Prepaid Cards market:
Global Prepaid Card Survey, prepaid card market in the United States is expected to grow by 14.8% on annual basis to reach US$ 641,848.6 million in 2021.The prepaid card market expected to grow over the forecast period, recording a CAGR of 12.3% during 2021-2025. The prepaid card market in the United States will increase from US$ 558,957.8 million in 2020 to reach US$ 889,248.9 million by 2025.
As the economy reopened from the pandemic lockdowns, spending on debit and prepaid cards in the United States increased significantly. Notably, this increased spending on debit and prepaid cards were helped by the rising number of travelers and continued online shopping strength.
The use of prepaid cards as vaccine incentives is driving the prepaid card growth:
As of July 2021, nearly 50% of residents in the country were fully vaccinated. In their efforts to overcome the vaccine hesitancy among the citizens, state and local governments have unveiled a range of vaccine incentive schemes. For instance,
In July 2021, New York City government announced a US$100 incentive for anyone who gets their vaccination done at a city-run site. Notably, the incentive program is available for all city residents and employees who have not taken their first dose of vaccine yet. Under the vaccine incentive program by the NYC government, all of the residents who take their first dose of vaccine would be emailed a US$100 digital prepaid card. For those without an email address will receive a physical prepaid card.
Prepaid card companies launching innovative solutions for property owners:
Digitization has revolutionized almost every other industry verticals, including the real estate industry. Technology providers are innovating with their product offerings to ensure unique business needs are met. For instance,
In July 2021, RealPage, a leading global provider of software and data analytics to the real estate industry, launched a new prepaid MasterCard solution designed to modernize the funds' distribution system in the real estate industry. Notably, the first-to-market prepaid card service will transform the way properties offer refunds, incentives, rewards, and reimbursements to their residents.
Browse the report description and TOC:
The study objectives of this report are:
To study and analyze the United States Prepaid Cards size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2024, and forecast to 2025.
To understand the structure of Prepaid Cards by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key United States Prepaid Cards manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Prepaid Cards with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Prepaid Cards submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Key Reasons to Purchase United States Prepaid Cards Market Report:
-The report analysis by geography highlighting the consumption of the product/service within the region also as indicating the factors that are affecting the market within each region
-The report provides opportunities and threats faced by the vendors in the United States Prepaid Cards Industry
-The report indicates the region and segment that's expected to witness the fastest growth
Competitive landscape includes the market ranking of the main players, along with new product launches, partnerships, business expansions, and acquisitions.
-The report provides extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the main market players
-The report gives the present as well as the future market outlook of the industry regarding recent developments, growth opportunities, drivers, challenges, and restraints of both emerging also as developed regions
The research includes historic data from 2015 to 2021 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
firstname.lastname@example.org | email@example.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release United States Prepaid Cards Market 2022 Business Opportunities, Current Trends, Challenges and Forecast 2025 here
News-ID: 2519360 • Views: 251
More Releases from Market Insights Reports
Vapor Recovery Machine Market Size, Share, Statistics, Demand And Revenue, Forec …
The research study on the global Vapor Recovery Machine market covers industry sectors, market climate, emerging innovations, competitive intelligence, and current developments in the industry. The sector study investigates the business dynamics of the rising economy, as well as current driving forces, market conditions, risks, trends, and problems. The analysis identifies the exact impact on the revenue and demand due to the disturbances caused by the occurrence of COVID-19. The
Inline Heaters Market Size And Forecast-2022-2029
The research study on the global Inline Heaters market covers industry sectors, market climate, emerging innovations, competitive intelligence, and current developments in the industry. The sector study investigates the business dynamics of the rising economy, as well as current driving forces, market conditions, risks, trends, and problems. The analysis identifies the exact impact on the revenue and demand due to the disturbances caused by the occurrence of COVID-19. The recently
MF Plasma Excitations Market By Application And Geography - Forecast And Analysi …
The research study on the global MF Plasma Excitations market covers industry sectors, market climate, emerging innovations, competitive intelligence, and current developments in the industry. The sector study investigates the business dynamics of the rising economy, as well as current driving forces, market conditions, risks, trends, and problems. The analysis identifies the exact impact on the revenue and demand due to the disturbances caused by the occurrence of COVID-19. The
Compact Underwater Camera Market Global Industry Analysis and Opportunity Assess …
Global Compact Underwater Camera Market Size, Status, and Forecast for 2022-2029 a valued basis of perceptive information for business strategy. The Global Compact Underwater Camera Market explores a comprehensive study on various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research analysts provide a detailed interpretation of the value chain and its provider analysis. This Market study provides comprehensive data that enhances the understanding,
More Releases for Prepaid
Prepaid Card MARKET 2017- Visa, MasterCard, UnionPay
Apex Research, recently published a detailed market research study focused on the "Prepaid Card Market" across the global, regional and country level. The report provides 360° analysis of "Prepaid Card Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Prepaid Card industry, and estimates the future trend of Prepaid Card market
Prepaid Card Customer Analytics
Summary Prepaid Card Customer Analytics is a powerful interactive tool providing direct answers to the questions that are central to developing a customer-centric product and marketing strategy. It speeds up the analysis of the global prepaid card customer by offering essential insight at a country and demographic level across 29 countries. Request Sample Report Here: http://www.reportbazzar.com/request-sample/?pid=439704&ptitle=Prepaid+Card+Customer+Analytics&req=Sample Synopsis – See exactly where to focus product development and marketing activity based on country level data on
Global Prepaid Mobile Market Outlook 2016-2021
Summary Gen’s report, ‘Global Prepaid Mobile Market Outlook 2016-2021’ provides detailed market and segment level data on the Global and Chinese consumption of Prepaid Mobile. The report provides historic, forecast and growth patterns by company, country and type/application from 2016 to 2021. This report delivers an extensive overview of Global Prepaid Mobile industry with a focus on China. It also acts as an essential tool to companies active across the value chain
Prepaid MasterCard as Mobile Payment solution
Xpensum AG provide a unique and innovative card product solution for the European market offering functionalities enabling businesses and consumers 24/7/365 payment and transaction services - anytime, anywhere. We can offer real-time payment transaction services, notifications and real-time account information, whether in the high-street or online, from the comfort of your sofa, the train or in the shop. Reloading your card, make a payment or transfer funds has never been
VoiceCash and mobilcom launch mobilcash Prepaid MasterCard®
Munich, 23.12.2010 [VCM231210TE]. VoiceCash Group and mobilcom-debitel are introducing mobilcash Prepaid MasterCard®, a state of the art Prepaid MasterCard card twin card program that will enable customers to share money with relatives and friends all over the world. mobilcom-debitel is one of the leading telecom providers in the German market with about a 16 million customer base. VoiceCash is an international mobile remittance company with its own VoiceCash Bank, that
Prepaid Paper Scratch Card ( ISO size )
Prepaid Paper Scratch Card 1, 3.375" x 2.125" 2, Scratch off 12 character pin 3, PVC, Paper material 4, CMYK printing Prepaid Paper Scratch Card 1) Material: 250-600 paper, 0.3-0.5mm PVC 2) Size: 85.6 x 54mm or non-standard 3) Application: Prepaid phone card, rechargeable card, lottery, etc. Card Body UV ink printing Thermal ink Color shift ink Holographic patterns Micro-text printing Anti photocopying varnishes Black core Personalization Online high-quality ink-jet personalization Alphanumeric and bar-code fonts