Global Commercial Payment Cards Market Size, Status and Forecast 2020-2026
Commercial payment card is a type of card developed by the payment card networks to serve the needs of businessmen working in a variety of industries and individual companies, to make their payment for business activities more convenient.
MUFG accounted for 25.69% of the Volume of Commercial Payment Cards Issued in Japan market; While SMBC and Mizuho accounted for 21.52% and 15.79% respectively.
In the same year, Small Business Cards accounted for 87.70% of the Volume of Commercial Payment Cards Issued in Japan market. The average value of payments made using Small Business Cards is 22822 (USD/Unit), and is well below the average value of payments made through Corporate cards.
Affected by the Japanese economy, the growth rate of the volume of commercial payment cards issued will decrease gradually in the future. Affected by Japanese consumer habits and the rapid change of future life, average value of payments made through commercial payment cards will gradually increase.
Market Analysis and Insights: Global Commercial Payment Cards Market
In 2019, the global Commercial Payment Cards market size was US$ 149.9 million and it is expected to reach US$ 251.7 million by the end of 2026, with a CAGR of 7.6% during 2021-2026.
Global Commercial Payment Cards Scope and Market Size
Commercial Payment Cards market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Commercial Payment Cards market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Commercial Payment Cards market is segmented into Commercial Credit Cards, Commercial Debit Cards, Others, etc.
Segment by Application, the Commercial Payment Cards market is segmented into Travel & Entertainment, B2B Payments, Others, etc.
Regional and Country-level Analysis
The Commercial Payment Cards market is analysed and market size information is provided by regions (countries).
The key regions covered in the Commercial Payment Cards market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.
Commercial Payment Cards market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Commercial Payment Cards business, the date to enter into the Commercial Payment Cards market, Commercial Payment Cards product introduction, recent developments, etc.
The major vendors include Citigroup Inc., JPMorgan Chase& Co., Capital One Financial Corporation, Bank of America Corporation, Discover Financial Services, Synchrony Financial, American Ecpress Company, Wells Fargo& Company, Barclays Plc, U.S. Bancorp, MUFG, SMBC, Mizuho, Resona Bank, SBI Holdings, etc.
This report focuses on the global Commercial Payment Cards status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Commercial Payment Cards development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
Citigroup Inc.
JPMorgan Chase& Co.
Capital One Financial Corporation
Bank of America Corporation
Discover Financial Services
Synchrony Financial
American Ecpress Company
Wells Fargo& Company
Barclays Plc
U.S. Bancorp
MUFG
SMBC
Mizuho
Resona Bank
SBI Holdings
Commercial Credit Cards
Commercial Debit Cards
Others
Travel & Entertainment
B2B Payments
Others
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
To analyze global Commercial Payment Cards status, future forecast, growth opportunity, key market and key players.
To present the Commercial Payment Cards development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Commercial Payment Cards are as follows:
History Year: 2015-2019
2019
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
MUFG accounted for 25.69% of the Volume of Commercial Payment Cards Issued in Japan market; While SMBC and Mizuho accounted for 21.52% and 15.79% respectively.
In the same year, Small Business Cards accounted for 87.70% of the Volume of Commercial Payment Cards Issued in Japan market. The average value of payments made using Small Business Cards is 22822 (USD/Unit), and is well below the average value of payments made through Corporate cards.
Affected by the Japanese economy, the growth rate of the volume of commercial payment cards issued will decrease gradually in the future. Affected by Japanese consumer habits and the rapid change of future life, average value of payments made through commercial payment cards will gradually increase.
Market Analysis and Insights: Global Commercial Payment Cards Market
In 2019, the global Commercial Payment Cards market size was US$ 149.9 million and it is expected to reach US$ 251.7 million by the end of 2026, with a CAGR of 7.6% during 2021-2026.
Global Commercial Payment Cards Scope and Market Size
Commercial Payment Cards market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Commercial Payment Cards market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Commercial Payment Cards market is segmented into Commercial Credit Cards, Commercial Debit Cards, Others, etc.
Segment by Application, the Commercial Payment Cards market is segmented into Travel & Entertainment, B2B Payments, Others, etc.
Regional and Country-level Analysis
The Commercial Payment Cards market is analysed and market size information is provided by regions (countries).
The key regions covered in the Commercial Payment Cards market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.
Competitive Landscape
and Commercial Payment Cards Market Share AnalysisCommercial Payment Cards market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Commercial Payment Cards business, the date to enter into the Commercial Payment Cards market, Commercial Payment Cards product introduction, recent developments, etc.
The major vendors include Citigroup Inc., JPMorgan Chase& Co., Capital One Financial Corporation, Bank of America Corporation, Discover Financial Services, Synchrony Financial, American Ecpress Company, Wells Fargo& Company, Barclays Plc, U.S. Bancorp, MUFG, SMBC, Mizuho, Resona Bank, SBI Holdings, etc.
This report focuses on the global Commercial Payment Cards status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Commercial Payment Cards development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
The key players covered in this study
Citigroup Inc.
JPMorgan Chase& Co.
Capital One Financial Corporation
Bank of America Corporation
Discover Financial Services
Synchrony Financial
American Ecpress Company
Wells Fargo& Company
Barclays Plc
U.S. Bancorp
MUFG
SMBC
Mizuho
Resona Bank
SBI Holdings
Market segment by Type, the product can be split into
Commercial Credit Cards
Commercial Debit Cards
Others
Market segment by Application, split into
Travel & Entertainment
B2B Payments
Others
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Commercial Payment Cards status, future forecast, growth opportunity, key market and key players.
To present the Commercial Payment Cards development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Commercial Payment Cards are as follows:
History Year: 2015-2019
Base Year:
2019Estimated Year:
2020Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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