Cards and Payments Market
Cards and Payments Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Cards and Payments Market Size and Growth
The Cards and Payments market continues to grow, propelled by digital transformation and consumer demand for convenience. As of 2023, the market size exceeds $3 trillion, driven by innovations in mobile payments and contactless technology. Competitive pressures and regulatory changes are shaping market dynamics and leading to increased investments in security and technology.
Companies Covered (Covid 19 Impact Covered)
◍ Gemalto
◍ G&D
◍ Oberthur
◍ Morpho (Safran)
◍ VALID
◍ Eastcompeace
◍ Wuhan Tianyu
◍ DATANG
◍ KONA I
◍ CPI Card Group
◍ Watchdata
◍ HENGBAO
◍ VeriFone Systems
◍ Honeywell
◍ Data Logic
◍ First Data
◍ Fujitsu
◍ Intermec
The Cards and Payments Market comprises companies focused on card manufacturing, payment solutions, and secure transaction processing. Firms like Gemalto, G&D, and Ingenico innovate with digital solutions, while others like VeriFone and First Data enhance transaction efficiency. Their contributions drive market growth and technological advancements, resulting in increased sales revenue across the sector.
- Gemalto: €3.48 billion (2020)
- First Data: $11.5 billion (2019)
- Ingenico: €3.0 billion (2019)
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Market Segmentation
By Application
Commercial
Bank
Shopping
Other
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By Product
Market Growth
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$ X Billion USD
