Credit Card Issuance Service Market Analysis and Scope (2023 to 2031)
Credit Card Issuance Service Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX million |
Market Size by 2031 | US$ XX million |
Global CAGR (2023 - 2031) | 7.9% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The "Credit Card Issuance Service Market Analysis" was carried out based on type, issuers, end users, and geography. Based on the type, the credit card issuance service market is segmented into consumer credit cards and business credit cards. In terms of issuers, the market is segmented into banks, credit unions, and NBFCs. Based on end use, the market is segmented into personal, and business. Based on geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Credit Card Issuance Service Market News and Recent Developments
Companies adopt inorganic and organic strategies such as mergers and acquisitions in the credit card issuance service market. The credit card issuance service market forecast can help stakeholders plan their growth strategies. A few recent key market developments are listed below:
- In March 2021, Mastercard Inc. purchased Nets Group's account-to-account services, including clearing, quick payment, and e-billing solutions, for roughly $3.12 billion (€2.8 billion). Mastercard's acquisition has increased its exposure to high-growth markets and e-commerce while refocusing its business model on merchant, issuer, and e-security services. Nets Group, established in Denmark, provides a full range of credit card issuing services.
[Source: Mastercard Inc., Company Website]
- In January 2020, Zuora, Inc. has teamed with SB Payment Service Corp., a Softbank Group entity. The agreement aimed to enable Japanese enterprises operating in a wide range of industries to handle credit card payments securely and conveniently on a subscription basis
[Source: Zuora, Inc., Company Website]
Credit Card Issuance Service Market Report Coverage & Deliverables
The market report on “Credit Card Issuance Service Market Size and Forecast (2021–2031)”, provides a detailed analysis of the market covering below areas-
- Market size & forecast at global, regional, and country level for all the key market segments covered under the scope.
- Market dynamics such as drivers, restraints, and key opportunities.
- Key future trends.
- Detailed PEST & SWOT analysis
- Global and regional market analysis covering key market trends, key players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, key players, and recent developments.
- Detailed company profiles.