Press release
Credit Card Issuance Services Market Research With Size, Growth, Key Players, Segments And Forecast To 2032
Credit Card Issuance Services Market
The Business Research Company's Credit Card Issuance Services Global Market Report 2023 identifies the rise in credit card demand as the major driver for the Credit Card Issuance Services market's growth in the forecast period. A credit card refers to a credit product banks offer that enables users to take out loans up to a pre-approved credit limit. Credit card issuers play an essential role in processing card transactions, paying back previously approved purchases, and handling chargeback requests
The global credit card issuance services market is expected to grow from $437.25 billion in 2022 to $478.09 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The credit card issuance services market is expected to reach $660.81 billion in 2027 at a CAGR of 8.4%.
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Major competitors in the Credit Card Issuance Services market are JPMorgan Chase & Co., Bank of America Corporation, Citigroup Inc., American Express Company, HSBC Holdings plc., Toronto-Dominion Bank Group, Goldman Sachs Group Inc., Capital One Financial Corporation, Barclays Bank PLC, Visa Inc., U.S. Bancorp, Standard Chartered PLC, PNC Financial Corp., Mastercard Inc., Fiserv Inc., Synchrony Financial, Fidelity National Information Services Inc., Stripe Inc., Wells Fargo & Co., Fifth Third Bank NA, Navy Federal Credit Union, Huntington Bancshares Incorporated, Santander Bank N.A., Giesecke+Devrient GmbH, Synovus Financial Corp., Penfed Federal Credit Union, Marqeta Inc., Entrust Corporation, Comenity Bank, and Nium Pte. Ltd.
A key trend in the Credit Card Issuance Services market includes technological advancement. Major companies operating in the credit card issuance service market are developing new technologies to sustain their position in the market.
Read More On The Global Credit Card Issuance Services Market Report Here:
https://www.thebusinessresearchcompany.com/report/credit-card-issuance-services-global-market-report
The Credit Card Issuance Services market is segmented -
1) By Type: Consumer Credit Cards, Business Credit Cards
2) By Issuers: Banks, Credit Unions, Non-Banking Financial Companies
3) By End-User: Personal, Business
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Credit Card Issuance Services market.
The Business Research Company's "Global Credit Card Issuance Services Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Credit Card Issuance Services Market Include:
1. Executive Summary
2. Credit Card Issuance Services Market Characteristics
3. Credit Card Issuance Services Market Trends And Strategies
4. Credit Card Issuance Services Market - Macro Economic Scenario
5. Global Credit Card Issuance Services Market Size and Growth
.......
32. Global Credit Card Issuance Services Market Competitive Benchmarking
33. Global Credit Card Issuance Services Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Credit Card Issuance Services Market
35. Credit Card Issuance Services Market Future Outlook and Potential Analysis
36. Appendix
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