Harrisburg, NC -- (SBWire) -- 03/06/2019 --Global Commercial/Corporate Card Market Size, Status and Forecast 2019-2025
India is expected to exhibit a significant growth rate over the forecast period, followed by France. This growth is attributed to increasing electronic money transactions in the country. According to the Reserve Bank of India, in September 2017, for the first time, the monthly figure of electronic money transactions in India exceeded US$ 10.57 Bn, which was US$ 5.72 Bn in September 2016. According to Coherent Market Insights' analysis, the card transactions in India grew around 84% in one year since 2016.
The Global Commercial/Corporate Card market is expected to be valued at US$ 49.3 billion with a CAGR of 7.3% over the forecast period.
Avail a sample 90 Pages copy before purchase:
https://www.marketinsightsreports.com/reports/03051122090/global-commercial-corporate-card-market-size-status-and-forecast-2019-2025/inquiry?source=releasewire&Mode=49
Top Leading Companies are: American Express,Banco Itau,Bank of America Merrill Lynch,Bank of Brazil,Bank of East Asia,Chase Commercial Banking,Diners Club,Hang Seng Bank,Hyundai,JP Morgan,MasterCard,SimplyCash
Among product type, the purchase cards segment held dominant position in the commercial or corporate cards market in 2018 and is projected to retain its dominance throughout the forecast period. Purchase cards are also called as p-cards. Purchase card is a special type of bankcard that uses existing card system and processes, in order to enable companies to make electronic business-to-business payments for goods and services procured. Purchase cards are majorly preferred by upcoming and emerging organizations, who are seeking to reduce payment fees and costs of sending payments. Several benefits offered by banks and major card companies in order to attract more customers is fueling growth of the purchase card segment.
Contents of the 15 Chapters for This Commercial/Corporate Card Market Study:-
Chapter 1, to describe Commercial/Corporate Card Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Commercial/Corporate Card , with sales, revenue, and price of Commercial/Corporate Card , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Commercial/Corporate Card, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Commercial/Corporate Card market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe Commercial/Corporate Card sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
Avail Discount on this report at:
https://www.marketinsightsreports.com/reports/03051122090/global-commercial-corporate-card-market-size-status-and-forecast-2019-2025/discount?source=releasewire&Mode=49
Commercial/Corporate Card Market, by Type:
Open-Loop
Closed Loop Cards
Commercial/Corporate Card Market, by End User:
Small Business Credit Cards
Corporate Credit Cards
North America held dominant position in the market in 2017 and is expected to retain its dominance throughout the forecast period. Rising trend of digitalization and the region being early adopter of novel technologies are major factors aiding in growth of the market in this region. High adoption of commercial cards by various buyers and suppliers has become a major trend in the market in this region, as buyers are shifting from physical checks to electronic payment options. Moreover, electronically generated virtual card numbers are being increasingly adopted as a highly effective purchasing tool by various organizations in the U.S. According to the National Automated Clearinghouse Association, in the U.S., business-to-business electronic payment transactions witnessed an increase of 5.6% from 2016 to 2017.
Asia Pacific commercial or corporate cards market is expected to witness considerable growth during the forecast period. Increasing business travel spending in Asia Pacific region is a major factor driving growth of the commercial or corporate cards market. According to Coherent Market Insights' analysis, the spending on business trips in Asia Pacific region is expected to reach US$ 900 Bn by 2026, which was US$ 494 Bn in 2015. Moreover, Asia Pacific accounted for 40% of the global business travel spending in 2015, according to Coherent Market Insights' analysis.
China is one of the major countries that holds largest share in business travel spending in Asia Pacific. According to Coherent Market Insights' analysis, China accounts for a share of 59% of the total Asia Pacific business travel spending.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Commercial/Corporate Card Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Commercial/Corporate Card Market Carrier and assist manufacturers and investment organization to better grasp the development course of Commercial/Corporate Card Market.
Browse full report along with TOC and List of Figures at:
https://www.marketinsightsreports.com/reports/03051122090/global-commercial-corporate-card-market-size-status-and-forecast-2019-2025?source=releasewire&Mode=49
Important attributes of the report:
The 360-degree Commercial/Corporate Card overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
Contact Us:
Irfan Tamboli(Head of Sales)
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
Commercial/Corporate Card Market Rising Trends, Technology and Demand 2019 to 2025