"Emerging Opportunities in Iceland's Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape" Published
Iceland's card payments channel exhibited negative growth during the review period (2008-2012), declining at a CAGR of -2.49%, from 796,456 cards in 2008 to 719,950 cards in 2012. This can be attributed to the banking crisis that occurred in the country during 2008-2011. Over the forecast period (2013-2017), the channel is expected to register marginal growth at a CAGR of 1.85%, rising from 737,259 cards in 2013 to 793,275 in 2017. Despite numerous challenges such as the banking crisis, global...
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