Morocco's Cards and Payments Industry 2015 Market Analysis and Forecast to 2018 by Market Research Store
Deerfield Beach, FL -- (SBWIRE) -- 10/26/2015 -- Synopsis
Morocco's Cards and Payments Industry, Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape report provides detailed analysis of market trends in Morocco's cards and payments industry. It provides values and volumes of a number of Key Performance Indicators (KPIs) operating in the industry, including check payments, credit transfers, direct debits and payment cards during the review period (2009-2013).
The report also analyses various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and transaction volume, during the review period and over the forecast period (2014-2018). Additionally, it offers information pertaining to the competitive landscape in the country, including market shares of issuers and schemes.
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Summary
- Current and forecast values for each category of Morocco's cards and payments industry, including debit cards, credit cards, charge cards and prepaid cards.
- Comprehensive analysis of the industry's market attractiveness and future growth areas.
- Analysis of various market drivers and regulations governing Morocco's cards and payments industry.
- Detailed analysis of marketing strategies adopted for selling debit, credit, charge and prepaid cards used by banks and other institutions in the market.
- Comprehensive analysis of consumer attitudes and buying preferences for cards.
- The competitive landscape of Morocco's cards and payments industry.
Scope
- This report provides a comprehensive analysis of Morocco's cards and payments industry.
- It provides current values for Morocco's cards and payments industry for 2013, and forecast figures for 2018.
- It details the different economic, infrastructural and business drivers affecting Morocco's cards and payments industry.
- It outlines the current regulatory framework in the industry.
- It details the marketing strategies used by various banks and other institutions.
- It profiles major banks in Morocco's cards and payments industry.
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Reasons To Buy
- Make strategic business decisions, using top-level historic and forecast market data, related to Morocco's cards and payments industry and each market within it.
- Understand the key market trends and growth opportunities within Morocco's cards and payments industry.
- Assess the competitive dynamics in Morocco's cards and payments industry.
- Gain insights into marketing strategies used for selling various card types in Morocco.
- Gain insights into key regulations governing of Morocco's cards and payments industry.
Key Highlights
- In 2013, check payments and credit transfers were the most popular payment instruments, having a combined industry share of XX.X% in terms of transaction value, while the share of payment cards increased from X.X% in 2009 to X.X% by the end of 2013. The share of payment cards is rising as the government and banks promote awareness levels and associated benefits among consumers and merchants.
- In terms of the number of cards in circulation, Moroccan payment cards (including debit, credit and charge cards) registered a positive growth during the review period at a compound annual growth rate (CAGR) of XX.XX%, rising from X.X million in 2009 to XX.X million in 2013. In terms of transaction value, payment cards valued to MADXXX.X billion (US$XX.X billion) in 2013, after registering a review-period CAGR of XX.XX%.
- Banks and retail outlets in Morocco expanded their infrastructure networks during the review period. The number of automatic teller machines (ATMs) installed grew at a CAGR of X.XX%. The increasing acceptance of debit and credit cards at retail outlets and a consumer shift towards making purchases directly with cards resulted in an increasing number of point-of-service (POS) transactions during the review period. The number of POS terminals in Morocco recorded a review-period CAGR of X.XX%.
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