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Global Prepaid Cards Business Market 2021 SWOT Analysis, Competitive Landscape and Significant Growth

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sonia mehta
Global Prepaid Cards Business Market 2021 SWOT Analysis, Competitive Landscape and Significant Growth

This offering from PayNXT360 is a bundled offering, combining 20 country reports (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Kenya, Mexico, Nigeria, Philippines, Russia, South Africa, Thailand, United Arab Emirates, United Kingdom, United States).

According to PayNXT360, the global prepaid card market (value terms) increased at a CAGR of 16.0% during 2014-2018. Over the forecast period of 2019 to 2023, the market is expected to record a CAGR of 12.7%, increasing from US$ 1,663.6 billion in 2019 to reach US$ 2,683.6 billion by 2023.

Each country report provides a detailed data centric analysis of prepaid card market along with consumer behaviour and retail spend dynamics. With over 150 KPIs at country level, each report provides comprehensive understanding of prepaid card market dynamics.

• Market dynamics: Provides a comprehensive view on size and structure, industry dynamics, market trends, consumer attitude and behaviour, and competitive landscape in global prepaid card industry.

• Open loop and closed loop: market estimates and forecasts to assess opportunities in open loop and closed loop prepaid market segments. Details four essential KPIs – number of cards in circulation, number of transactions, load value, and value of transactions.

• Open loop prepaid card categories: Identifies potential risks, consumer adoption, and market size across 11 market segments in open loop prepaid cards for the period 2014-2023. These include gift, business & administrative expense, payroll, meal, employee / partner incentive, travel forex, general purpose, remittance, teen and campus, social security and other government benefit programs, insurance claims.

• Closed loop prepaid card categories: Identifies potential risks, consumer adoption, and market size across 10 market segments in closed loop prepaid cards for the period 2014-2023. These include gift, healthcare and wellness, consumer incentives, employee / partner incentives, entertainment and gaming, teen and campus, social security and other government benefit programs, transit and tolls, and fuel, utilities, and others.

• Benchmarking and risk index: Benchmarks the prepaid card industry in the country with key global markets along with risk assessment through PayNXT360’s proprietary Prepaid Cards Industry Risk Index (PCIRI).

• Consumer attitude and behaviour: Drawing from proprietary survey results, this report identifies and interprets key prepaid KPIs, including spend by age, gender, and income level. In addition, it provides an overview of how consumers are currently using prepaid cards across five key categories – travel, bill payment, retail spend, cash withdrawal, and P2P transfers. It also provides a breakdown by transaction size.

• Retail spend: Breaks down retail spend across 11 categories to provide detailed insights on consumer behaviour and changing dynamics of prepaid card spend.

Scope

This bundled offering includes 20 country reports. Each country report provides the following:

 • Global Prepaid card market data and insights: It details market opportunities across 75+ market segments in prepaid cards and identifies potential risks. Market estimates and forecasts (2014-2023) assess overall prepaid card industry on four essential KPIs – number of cards in circulation, number of transactions, load value, and value of transactions.

 • Global Prepaid card analysis consumer segments: Retail (banked and unbanked / underbanked), corporate (small scale, mid-size, and enterprise), and government / public sector

 • Global Prepaid card spend analysis by consumer demographics: Age, income, and gender

• Global Prepaid card spend analysis by retail spend categories: Food and grocery, health & beauty, apparel and footwear, books / music / video, consumer electronics, pharmacy and wellness, gas station, restaurants & bars, toys, kids & babies, media and entertainment, services

 • Global Prepaid card spend analysis by card function: Closed loop and open loop segments

 • Prepaid card categories: Drawing from proprietary survey results, this report provides in-depth analysis of opportunities in both open loop and closed loop prepaid card categories.

Read More @ https://bit.ly/3u5gCtR

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