Press release
Prepaid Card Market Competitive Dynamics & Global Outlook -2030 | American Express Company, BBVA USA Bancshares Inc
The global prepaid card market size was valued at $1.73 trillion in 2019, and is projected to reach $6.87 trillion by 2030, growing at a CAGR of 18.2% from 2021 to 2030.
Leading market players in the global Prepaid Card Market include:
American Express Company, BBVA USA Bancshares Inc., Brink's Incorporated, Green Dot Corporation, H&R Block Inc., JPMorgan Chase & Co., Kaiku Finance LLC., Mango Financial Inc., MasterCard, and PayPal Holdings Inc.
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The worldwide Prepaid Card marketplace record gives a complete observation of the dynamic driving and restraining factors, major challenges, and lucrative opportunities. Moreover, the study covers a SWOT analysis that aids in recognizing the restraining and driving factors in the market. Furthermore, the report outlines market segmentation and growth analysis of the top 10 market players that are currently active in the industry. The drivers and opportunities help in grasping the dynamic market trends and how market players can leverage such trends.
A comprehensive analysis of each segment and sub-segment is provided in the research. In addition, the tabular and graphical representation of each segment and sub-segment will assist Prepaid Card market players in understanding the largest revenue-generating segments and driving factors thoroughly. This analysis is valuable in identifying the fastest-growing segments as well as strategizing to gain long-term growth.
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Prepaid Card Market Key Segments
By Offering
General Purpose Card
Gift Card
Government Benefit/Disbursement Card
Incentive/Payroll Card
Others
By Card Type
Closed Loop Card
Open Loop Card
By End User
Retail
Corporate
Government/Public Sector
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Netherlands
Spain
Italy
Nordic Countries
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
The Covid-19 outbreak has had a significant effect on the world. Some sectors thrived during the pandemic while some faced tremendous losses. As per the restrictions and guidelines issued by World Health Organization (WHO), the majority of the manufacturing and production facilities were closed or working at low potential. Moreover, the prolonged lockdown created challenges in the procurement of raw materials. These factors create a huge gap in supply and demand and disrupted the supply chain. However, as the world is recovering from the pandemic, the Prepaid Card market is expected to get back on track.
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