New York, July 13, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Prepaid Cards Industry" - https://www.reportlinker.com/p05336794/?utm_source=GNW
1 Trillion by 2027, growing at a CAGR of 10.7% over the period 2020-2027.Closed Loop, one of the segments analyzed in the report, is projected to grow at a 10.2% CAGR to reach US$2.1 Trillion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Open Loop segment is readjusted to a revised 11.3% CAGR for the next 7-year period. This segment currently accounts for a 46% share of the global Prepaid Cards market.
The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 14.1% CAGR for the Period of 2020-2027
The Prepaid Cards market in the U.S. is estimated at US$541 Billion in the year 2020. The country currently accounts for a 27.02% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$870.7 Billion in the year 2027 trailing a CAGR of 14.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.5% and 9.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR while Rest of European market (as defined in the study) will reach US$870.7 Billion by the year 2027.We bring years of research experience to this 16th edition of our report. The 292-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
-Competitors identified in this market include, among others,
Read the full report: https://www.reportlinker.com/p05336794/?utm_source=GNW
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Prepaid Cards - Emerging into a Mainstream Market
Current & Future Analysis
Analysis by Geographic Region
Analysis by Segment
Key Growth Factors
Key Market Restraints
Addressing the Needs of the Unserved/Underserved - The Major
Market Driver
Improved Efficiencies and Transparency Drives Inclusion of
Prepaid Cards in Commercial Programs
Recent Market Activity
Global Competitor Market Shares
Prepaid Cards Competitor Market Share Scenario Worldwide
(in %): 2018 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
AccountNow, Inc. (USA)
ACE Cash Express, Inc. (USA)
American Express Company (USA)
Blackhawk Network, Inc. (USA)
Caxton FX Limited (UK)
Edenred S.A. (France)
Green Dot Corporation (USA)
Kaiku Finance, LLC (USA)
MasterCard, Inc. (USA)
MetaBank, Inc. (USA)
Mint Technology Corporation (Canada)
The Bancorp Bank (USA)
The Western Union Company (USA)
Travelex Group Limited (UK)
Visa, Inc. (USA)
Wal-Mart Stores, Inc. (USA)
WEX, Inc. (USA)
3. MARKET TRENDS & DRIVERS
Prepaid Cards - A Brighter Prospect in Cards amid Growing
Digital Payments
Banks Go the Prepaid Way
Underbanked Consumers - Evolving as a Potential Market
Prepaid Eye the Upmarket
Gaining Popularity among Millennials
Consumer Shift from Cash to Card Based Purchase Transactions
Propels Demand
Market Gains from Increased Retailer Acceptance of Card Based
Payments
New and Innovative Prepaid Cards Garner Attention
au WALLET
Mint
TD Go
Access Link
Rogers Prepaid MasterCard
Lead Bank
UBA Visa
T-Mobile Visa
Virtual Prepaid Payment Cards - Next Generation of Prepaid
Prepaid Cards Offer Stiff Competition to Debit Cards
Prepaid Payroll Cards Expected to Witness Robust Growth
Retailer Specific-Prepaid Cards Gain Popularity in Developed
Markets
Retailers Eye Gift Cards to Build Loyal Customers
Innovations Sustain Growth in Gift Cards Market
Cohesive and Innovative Strategies - Key to Success of Gift
Card Programs in Retail
Ease of Handling Drives Use of Digital Gift Cards for
Incentives and Rewards Applications
Omni-channel Shopping is Here to Stay
Prepaid Travel Cards Grab Eyeballs
Chip Technology Makes Way into Prepaid Cards for Enhanced Security
Prepaid Cards Provides Hope for Better Travel Insurance Services
Competitive Landscape
An Insight into the Prepaid Card Value Chain
Program Managers
Distribution Networks
Reload Networks/Locations
Card Issuing Banks
Payment Networks
Processors
Prepaid Value Chain: Role and Revenue Driver by Category
Evolving Prepaid Value Chain amidst Changing Environment
Challenges & Issues
Dearth of Consumer Awareness - A Major Challenge
High and Non-Standard Fees - A Major Hindrance to Growth
Need for Regulatory Tabs
Increasing Frauds and Abetting Criminal Activity - The Achilles
Heel of Prepaid Cards Business
4. GLOBAL MARKET PERSPECTIVE
Table 1: Prepaid Cards Global Market Estimates and Forecasts in
US$ Million by Region/Country: 2020-2027
Table 2: Prepaid Cards Global Retrospective Market Scenario in
US$ Million by Region/Country: 2012-2019
Table 3: Prepaid Cards Market Share Shift across Key
Geographies Worldwide: 2012 VS 2020 VS 2027
Table 4: Closed Loop (Type) World Market by Region/Country in
US$ Million: 2020 to 2027
Table 5: Closed Loop (Type) Historic Market Analysis by
Region/Country in US$ Million: 2012 to 2019
Table 6: Closed Loop (Type) Market Share Breakdown of Worldwide
Sales by Region/Country: 2012 VS 2020 VS 2027
Table 7: Open Loop (Type) Potential Growth Markets Worldwide in
US$ Million: 2020 to 2027
Table 8: Open Loop (Type) Historic Market Perspective by
Region/Country in US$ Million: 2012 to 2019
Table 9: Open Loop (Type) Market Sales Breakdown by
Region/Country in Percentage: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Prepaid Cards Market Share (in %) by Company: 2018 & 2025
Market Analytics
Table 10: United States Prepaid Cards Market Estimates and
Projections in US$ Million by Type: 2020 to 2027
Table 11: Prepaid Cards Market in the United States by Type:
A Historic Review in US$ Million for 2012-2019
Table 12: United States Prepaid Cards Market Share Breakdown by
Type: 2012 VS 2020 VS 2027
CANADA
Table 13: Canadian Prepaid Cards Market Estimates and Forecasts
in US$ Million by Type: 2020 to 2027
Table 14: Canadian Prepaid Cards Historic Market Review by Type
in US$ Million: 2012-2019
Table 15: Prepaid Cards Market in Canada: Percentage Share
Breakdown of Sales by Type for 2012, 2020, and 2027
JAPAN
Table 16: Japanese Market for Prepaid Cards: Annual Sales
Estimates and Projections in US$ Million by Type for the Period
2020-2027
Table 17: Prepaid Cards Market in Japan: Historic Sales
Analysis in US$ Million by Type for the Period 2012-2019
Table 18: Japanese Prepaid Cards Market Share Analysis by Type:
2012 VS 2020 VS 2027
CHINA
Table 19: Chinese Prepaid Cards Market Growth Prospects in US$
Million by Type for the Period 2020-2027
Table 20: Prepaid Cards Historic Market Analysis in China in
US$ Million by Type: 2012-2019
Table 21: Chinese Prepaid Cards Market by Type: Percentage
Breakdown of Sales for 2012, 2020, and 2027
EUROPE
Market Facts & Figures
European Prepaid Cards Market: Competitor Market Share Scenario
(in %) for 2018 & 2025
Market Analytics
Table 22: European Prepaid Cards Market Demand Scenario in US$
Million by Region/Country: 2020-2027
Table 23: Prepaid Cards Market in Europe: A Historic Market
Perspective in US$ Million by Region/Country for the Period
2012-2019
Table 24: European Prepaid Cards Market Share Shift by
Region/Country: 2012 VS 2020 VS 2027
Table 25: European Prepaid Cards Market Estimates and Forecasts
in US$ Million by Type: 2020-2027
Table 26: Prepaid Cards Market in Europe in US$ Million by
Type: A Historic Review for the Period 2012-2019
Table 27: European Prepaid Cards Market Share Breakdown by
Type: 2012 VS 2020 VS 2027
FRANCE
Table 28: Prepaid Cards Market in France by Type: Estimates and
Projections in US$ Million for the Period 2020-2027
Table 29: French Prepaid Cards Historic Market Scenario in US$
Million by Type: 2012-2019
Table 30: French Prepaid Cards Market Share Analysis by Type:
2012 VS 2020 VS 2027
GERMANY
Table 31: Prepaid Cards Market in Germany: Recent Past, Current
and Future Analysis in US$ Million by Type for the Period
2020-2027
Table 32: German Prepaid Cards Historic Market Analysis in US$
Million by Type: 2012-2019
Table 33: German Prepaid Cards Market Share Breakdown by Type:
2012 VS 2020 VS 2027
ITALY
Table 34: Italian Prepaid Cards Market Growth Prospects in US$
Million by Type for the Period 2020-2027
Table 35: Prepaid Cards Historic Market Analysis in Italy in
US$ Million by Type: 2012-2019
Table 36: Italian Prepaid Cards Market by Type: Percentage
Breakdown of Sales for 2012, 2020, and 2027
UNITED KINGDOM
Table 37: United Kingdom Market for Prepaid Cards: Annual Sales
Estimates and Projections in US$ Million by Type for the Period
2020-2027
Table 38: Prepaid Cards Market in the United Kingdom: Historic
Sales Analysis in US$ Million by Type for the Period 2012-2019
Table 39: United Kingdom Prepaid Cards Market Share Analysis by
Type: 2012 VS 2020 VS 2027
SPAIN
Table 40: Spanish Prepaid Cards Market Estimates and Forecasts
in US$ Million by Type: 2020 to 2027
Table 41: Spanish Prepaid Cards Historic Market Review by Type
in US$ Million: 2012-2019
Table 42: Prepaid Cards Market in Spain: Percentage Share
Breakdown of Sales by Type for 2012, 2020, and 2027
RUSSIA
Table 43: Russian Prepaid Cards Market Estimates and
Projections in US$ Million by Type: 2020 to 2027
Table 44: Prepaid Cards Market in Russia by Type: A Historic
Review in US$ Million for 2012-2019
Table 45: Russian Prepaid Cards Market Share Breakdown by Type:
2012 VS 2020 VS 2027
REST OF EUROPE
Table 46: Rest of Europe Prepaid Cards Market Estimates and
Forecasts in US$ Million by Type: 2020-2027
Table 47: Prepaid Cards Market in Rest of Europe in US$ Million
by Type: A Historic Review for the Period 2012-2019
Table 48: Rest of Europe Prepaid Cards Market Share Breakdown
by Type: 2012 VS 2020 VS 2027
ASIA-PACIFIC
Table 49: Asia-Pacific Prepaid Cards Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027
Table 50: Prepaid Cards Market in Asia-Pacific: Historic Market
Analysis in US$ Million by Region/Country for the Period
2012-2019
Table 51: Asia-Pacific Prepaid Cards Market Share Analysis by
Region/Country: 2012 VS 2020 VS 2027
Table 52: Prepaid Cards Market in Asia-Pacific by Type:
Estimates and Projections in US$ Million for the Period
2020-2027
Table 53: Asia-Pacific Prepaid Cards Historic Market Scenario
in US$ Million by Type: 2012-2019
Table 54: Asia-Pacific Prepaid Cards Market Share Analysis by
Type: 2012 VS 2020 VS 2027
AUSTRALIA
Table 55: Prepaid Cards Market in Australia: Recent Past,
Current and Future Analysis in US$ Million by Type for the
Period 2020-2027
Table 56: Australian Prepaid Cards Historic Market Analysis in
US$ Million by Type: 2012-2019
Table 57: Australian Prepaid Cards Market Share Breakdown by
Type: 2012 VS 2020 VS 2027
INDIA
Table 58: Indian Prepaid Cards Market Estimates and Forecasts
in US$ Million by Type: 2020 to 2027
Table 59: Indian Prepaid Cards Historic Market Review by Type
in US$ Million: 2012-2019
Table 60: Prepaid Cards Market in India: Percentage Share
Breakdown of Sales by Type for 2012, 2020, and 2027
SOUTH KOREA
Table 61: Prepaid Cards Market in South Korea: Recent Past,
Current and Future Analysis in US$ Million by Type for the
Period 2020-2027
Table 62: South Korean Prepaid Cards Historic Market Analysis
in US$ Million by Type: 2012-2019
Table 63: Prepaid Cards Market Share Distribution in South
Korea by Type: 2012 VS 2020 VS 2027
REST OF ASIA-PACIFIC
Table 64: Rest of Asia-Pacific Market for Prepaid Cards: Annual
Sales Estimates and Projections in US$ Million by Type for the
Period 2020-2027
Table 65: Prepaid Cards Market in Rest of Asia-Pacific:
Historic Sales Analysis in US$ Million by Type for the Period
2012-2019
Table 66: Rest of Asia-Pacific Prepaid Cards Market Share
Analysis by Type: 2012 VS 2020 VS 2027
LATIN AMERICA
Table 67: Latin American Prepaid Cards Market Trends by
Region/Country in US$ Million: 2020-2027
Table 68: Prepaid Cards Market in Latin America in US$ Million
by Region/Country: A Historic Perspective for the Period
2012-2019
Table 69: Latin American Prepaid Cards Market Percentage
Breakdown of Sales by Region/Country: 2012, 2020, and 2027
Table 70: Latin American Prepaid Cards Market Growth Prospects
in US$ Million by Type for the Period 2020-2027
Table 71: Prepaid Cards Historic Market Analysis in Latin
America in US$ Million by Type: 2012-2019
Table 72: Latin American Prepaid Cards Market by Type:
Percentage Breakdown of Sales for 2012, 2020, and 2027
ARGENTINA
Table 73: Argentinean Prepaid Cards Market Estimates and
Forecasts in US$ Million by Type: 2020-2027
Table 74: Prepaid Cards Market in Argentina in US$ Million by
Type: A Historic Review for the Period 2012-2019
Table 75: Argentinean Prepaid Cards Market Share Breakdown by
Type: 2012 VS 2020 VS 2027
BRAZIL
Table 76: Prepaid Cards Market in Brazil by Type: Estimates and
Projections in US$ Million for the Period 2020-2027
Table 77: Brazilian Prepaid Cards Historic Market Scenario in
US$ Million by Type: 2012-2019
Table 78: Brazilian Prepaid Cards Market Share Analysis by
Type: 2012 VS 2020 VS 2027
MEXICO
Table 79: Prepaid Cards Market in Mexico: Recent Past, Current
and Future Analysis in US$ Million by Type for the Period
2020-2027
Table 80: Mexican Prepaid Cards Historic Market Analysis in US$
Million by Type: 2012-2019
Table 81: Mexican Prepaid Cards Market Share Breakdown by Type:
2012 VS 2020 VS 2027
REST OF LATIN AMERICA
Table 82: Rest of Latin America Prepaid Cards Market Estimates
and Projections in US$ Million by Type: 2020 to 2027
Table 83: Prepaid Cards Market in Rest of Latin America by
Type: A Historic Review in US$ Million for 2012-2019
Table 84: Rest of Latin America Prepaid Cards Market Share
Breakdown by Type: 2012 VS 2020 VS 2027
MIDDLE EAST
Table 85: The Middle East Prepaid Cards Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027
Table 86: Prepaid Cards Market in the Middle East by
Region/Country in US$ Million: 2012-2019
Table 87: The Middle East Prepaid Cards Market Share Breakdown
by Region/Country: 2012, 2020, and 2027
Table 88: The Middle East Prepaid Cards Market Estimates and
Forecasts in US$ Million by Type: 2020 to 2027
Table 89: The Middle East Prepaid Cards Historic Market by Type
in US$ Million: 2012-2019
Table 90: Prepaid Cards Market in the Middle East: Percentage
Share Breakdown of Sales by Type for 2012,2020, and 2027
IRAN
Table 91: Iranian Market for Prepaid Cards: Annual Sales
Estimates and Projections in US$ Million by Type for the Period
2020-2027
Table 92: Prepaid Cards Market in Iran: Historic Sales Analysis
in US$ Million by Type for the Period 2012-2019
Table 93: Iranian Prepaid Cards Market Share Analysis by Type:
2012 VS 2020 VS 2027
ISRAEL
Table 94: Israeli Prepaid Cards Market Estimates and Forecasts
in US$ Million by Type: 2020-2027
Table 95: Prepaid Cards Market in Israel in US$ Million by
Type: A Historic Review for the Period 2012-2019
Table 96: Israeli Prepaid Cards Market Share Breakdown by Type:
2012 VS 2020 VS 2027
SAUDI ARABIA
Table 97: Saudi Arabian Prepaid Cards Market Growth Prospects
in US$ Million by Type for the Period 2020-2027
Table 98: Prepaid Cards Historic Market Analysis in Saudi
Arabia in US$ Million by Type: 2012-2019
Table 99: Saudi Arabian Prepaid Cards Market by Type:
Percentage Breakdown of Sales for 2012, 2020, and 2027
UNITED ARAB EMIRATES
Table 100: Prepaid Cards Market in the United Arab Emirates:
Recent Past, Current and Future Analysis in US$ Million by Type
for the Period 2020-2027
Table 101: United Arab Emirates Prepaid Cards Historic Market
Analysis in US$ Million by Type: 2012-2019
Table 102: Prepaid Cards Market Share Distribution in United
Arab Emirates by Type: 2012 VS 2020 VS 2027
REST OF MIDDLE EAST
Table 103: Prepaid Cards Market in Rest of Middle East: Recent
Past, Current and Future Analysis in US$ Million by Type for
the Period 2020-2027
Table 104: Rest of Middle East Prepaid Cards Historic Market
Analysis in US$ Million by Type: 2012-2019
Table 105: Rest of Middle East Prepaid Cards Market Share
Breakdown by Type: 2012 VS 2020 VS 2027
AFRICA
Table 106: African Prepaid Cards Market Estimates and
Projections in US$ Million by Type: 2020 to 2027
Table 107: Prepaid Cards Market in Africa by Type: A Historic
Review in US$ Million for 2012-2019
Table 108: African Prepaid Cards Market Share Breakdown by
Type: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 154
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