The US Payment Card Market to grow at tremendous speed and strong CAGR. Browse 90 pages report and get well organized statistical overview of US Payment Card industry. Contact-based credit and debit cards dominates the US payment card industry, As per report added by Adroit Market Research.
The US Payment Card Market size is expected to grow from USD 934.3 million in 2017 to USD 4,133.7 million by 2025. The major factors that are driving the market are improvement in security, customer convenience, better financial services and standardization.
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The US Payment Card Market research report covers various qualitative and quantitative aspects including drivers, restraints, opportunities, estimates and forecast for types & applications and detailed profiles of leading players.
The major players in the US Payment Card Market includes;
- Perfect Plastic Printing,
- Oberthur Technologies,
- Gemalto,
- CPI Card Group,
- Giesecke & Devrient,
- Valid USA, Inc.,
- Goldpac Group Ltd,
- MCT Cards & Technology Pvt. Ltd
- dz card and
- CardLogix Corporation.
Payment cards such as EMV which offer chip & pin as a verification tool have helped in reducing the number of counterfeit frauds in the US The collaboration between government and industry players is also driving the market further by strengthening the security for transactions and implementing standardized products.
To deal with the rising number of frauds due to the use of magnetic stripe cards, the U.S government has started implementing microchip cards and also creating awareness about EMV card. For instance, the government of US, in October 2015, had taken key initiatives such as liability shift and BuySecure to implement the use of EMV cards due to which the US Payment Card Market is expected to grow further in the coming years.
Migration to EMV is likely to put the US and other countries (that have already adopted EMV standards) on a single global fraud protection standard and this will assist in the eventual withdrawal of magnetic stripe cards, thus, reducing the number of card frauds. In line with this, the players in the payment market are expected to benefit as they have to support only one set of technical standards in the value chain. This is expected to shift their focus on revenue-generating projects by offering better products & services driving the market growth further during the forecast period.
The contact-based payment card segment dominated the market by contributing USD 735.1 million in the year 2017. This trend is anticipated to continue over the forecast period as a majority of the US citizens prefer contact debit and credit cards for transactions. However, the contactless payment card is witnessing a rapid growth in adoption over the forecast period leveraged by the ease of use and higher speed of transaction.
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The major players in the US Payment Card Market are collaborating and coming up with new innovative products to sustain in the market. Moreover, some of the players are offering bio-metric payment cards that focus on increasing the security layer by inspecting who you are (fingerprint) rather than what you know (PIN) to ensure more security during transactions. For instance, in May 2018, MasterCard rolled out biometric cards. Similarly, in April 2018, Gemalto introduced contactless biometric cards.
Additionally, the payment card service providers are offering rewarding deals, added paybacks and collaborations with retail, fashion, hospitality giants for customer convenience in the US to increase the adoption of payment cards. For instance, in 2014, MasterCard collaborated with Dynamics Inc. to drive innovation in the US payment cards market. They had developed an interactive payment card which had inbuilt features such as displays and LEDs. This interactive card with its multiple application has the capability to store multiple cards in itself with a display key and keypad which were compatible with the existing POS terminals.
The US Payment Card Market is consolidated with a limited number of established players. The companies are focusing on enhancing the products offered by collaboration with technology companies. For instance, financial technology which aims to improve the traditional ways of financial services with new innovations and technology are expected to drive the demand for payment card market over the forecast period.
***Key Segments of the US Payment Card Market:
1] Type Overview
- Contact
- Contactless
- Dual Interface
2] Key players analysed in US Payment Card Market
- Perfect Plastic Printing
- Oberthur Technologies
- Gemalto, CPI Card Group
- Giesecke & Devrient
- Valid USA, Inc.
- Goldpac Group Ltd
- MCT Cards & Technology Pvt. Ltd
- dz card
- CardLogix Corporation
Major Points from TOC of the US payment card industry report:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
- Research approach
- Scope, definition, and assumptions
- Data sources
Chapter 3. Market Outlook
- Introduction
- Key trends
- Market drivers
- Market restraints
- Porter’s Five Forces’ analysis
- Value chain analysis
Chapter 4. US Payment Card Market Overview, By Type
- US payment card market share, by type , 2017 & 2025
- Contact
- Contactless
- Dual Interface
Chapter 5. Company Profiles
….Continued
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****List of Figures present in the global US payment card industry report:
- Global payment card frauds, 2010 – 2015 (USD Billion)
- US fraud loss by value of payments, by type (USD Billion)
- Worldwide Non-cash transactions, 2015 (In %)
- Value chain of payment cards
- Porter’s Five Forces analysis
- US payment cards market share, by type, 2017 & 2025 (USD Million)
- US payment cards market share, by type, 2017 & 2025 (Million Units)
- US contact-based payment cards market, 2015 to 2025 (USD Million) (Million Units)
- US contactless payment cards market, 2015 to 2025 (USD Million) (million units)
- US dual interface payment cards market, 2015 to 2025 (USD Million) (Million Units)
….Continued
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AMA Research published a new research publication on "Global Payment Card Market Insights, to 2026" with 150+ pages and enriched with self-explained Tables and charts in presentable format.
In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders.The growth of the Payment Card market was mainly driven by the increasing R spending across the world, however latest COVID scenario and economic slowdown have changed complete market dynamics.
Payment cards are the cards that are parts of the payment system normally issued by financial institutions.
These cards are issued for payment and portable transactions majorly in deposit, or loan or credit accounts.
However, misuse of payment cards as well as privacy and security issues may hinder the market growth.Market Competition This report covers the recent COVID-19 incidence and its impact on Global Payment Card Market.
This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.Strategic Points Covered in Table of Content of Global Payment Card Market:Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Payment Card marketChapter 2: Exclusive Summary – the basic information of the Payment Card Market.Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Payment CardChapter 4: Presenting the Payment Card Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020Chapter 6: Evaluating the leading manufacturers of the Payment Card market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company ProfileChapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2026)Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source Finally, Payment Card Market is a valuable source of guidance for individuals and companies.
The Mobile Payment SD Card Market report is an exhaustive analysis of this market across the world.
A deep estimation has been conducted on the present state of the market with the definition, applications, key drivers, key market players, key segments, and manufacturing technology.
In addition, the research report presents demographic (analytical) data on the status of the market and hence is a valuable source of guidance for companies and individuals interested in the industry.Don't miss out on business opportunities in Mobile Payment SD Card Market | Get sample pages from the official link at: https://market.us/report/mobile-payment-sd-card-market/request-sample/Historical data and the future prospect are assessed to represent the overall market size.
The Mobile Payment SD Card Market research report rising focus based on the market volume and value at the global level, company level, and regional level.
The later section of the mobile payment sd card market report especially spotlight on delivering vast-ranging analytical data on region-wise segmentation, which consist of Asia-Pacific, Middle East & Africa, North America, Europe, and Rest of the World.Remarking Enormous Growth in Mobile Payment SD Card Market 2020 | Recent Trends and Demand by Top Key Players: NBS Technologies, Datacard, NXP Semiconductours, Infineon Technologies, Atmel Corporation, UniGroup Guoxin, Fudan MicroElectronics Group, CEC, Goldpac, Gemalto, Giesecke & DevrientEssential Key Factors Mentioned In The Mobile Payment SD Card Market:Market Segmentation and Opportunities Analysis.SWOT Analysis and Growth of Prominent Key Players.Increasing Competitiveness Among End-Use Industries to Propel the Application of Mobile Payment SD Card Market.Demand Drivers and Progress Simulators Over the Projection Period 2029.Investment Opportunities in Competitive Environment Analysis And Generator Sales Revenue.Manufacturing Study: By Recent Trends, Growth And Outlook Till 2029.Do Inquiry Before Accessing Report on Latest Technology Innovations and Growth at Global Mobile Payment SD Card Here: https://market.us/report/mobile-payment-sd-card-market/#inquiry
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