Research and Markets: Emerging Opportunities in the US Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/hz5qfj/emerging) has announced the addition of the "Emerging Opportunities in the US Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape" report to their offering.

The US cards and payments market registered marginal growth during the review period (2007-2011). Combined card volume recorded a growth rate of 4.62% in 2011 over figures from 2010. The positive economic outlook, the need for more sophisticated products in terms of prepaid and charge cards, the growth of online and mobile shopping and increasing levels of per capita income supported the overall growth of the US cards and payments market. During the review period, the market size of the cards and payments industry in terms of volume increased at a CAGR of 1.35% to reach 1.5 billion cards in 2011. In value terms, the US cards and payments market valued US$4.8 trillion in 2011.

Synopsis

- Current and forecast values for each segment of the US cards and payment market including debit cards, credit cards, prepaid cards and charge cards

- Comprehensive analysis of the industry's market attractiveness and future growth areas

- Analysis of various market drivers and regulations governing the US cards and payment market

- Detailed analysis of the marketing strategies adopted for selling prepaid cards used by various bankers and other institutions in the market

- Comprehensive analysis of consumer attitudes and their buying preferences for cards

- Competitive landscape of the US cards and payments market

Key Highlights

- The US market for cards and payments grew both in volume and value terms during the review period. In terms of transaction volume, the card payment market grew at a CAGR of 8.87% during the review period from 51.6 billion transactions in 2007 to 72.4 billion in 2011.

- In terms of card volume, debit cards remained the largest card market with a market share of 39.1% followed by credit cards with a market share of 33.6%.

- The US mobile commerce sector has seen tremendous growth in the last few years, especially in 2011, when the sector recorded annual growth of over 90%, reaching US$6.7 billion compared to US$3.5 billion in 2010.

- The US cards and payments industry experienced an increase in online fraud, with fraudsters using various techniques to gain unauthorized access to card accounts.

- In July 2012, the Federal Reserve announced amendments in the provisions of Regulation II (Debit Card Interchange Fees and Routing), that allows a debit card issuer, subject to interchange fee standards, to receive a fraud-prevention adjustment.

Key Topics Covered:

1 Executive Summary

2 Market Attractiveness and Future Prospects for the Cards and Payments Market

3 Analysis of the US Cards and Payments Market Drivers

3.1 Infrastructure Drivers

3.2 Business Drivers

3.3 Other Market Drivers for the US Cards and Payments Market

3.4 Card Fraud Statistics

3.5 Regulatory Framework

4 Emerging Consumer Attitudes and Trends

4.1 Market Segmentation and Targeting

4.2 Consumer Preference

5 Competitive Landscape and Industry Dynamics

5.1 Market Share Analysis by Payment Channels

5.2 Debit Cards Market Share

5.3 Prepaid Cards Category Share

5.4 Credit Cards Category Share

6 Strategies Adopted by Key Operators

6.1 Market Entry Strategies

6.2 Marketing and Product Strategies

6.3 Pricing Strategies

7 Market Size and Growth Potential of the Payment Cards Market

7.1 Market Share Analysis by Type of Card

7.2 Total Market Size and Forecast of Card Industry

7.3 Credit Card Market Size and Forecast

7.4 Debit Card Market Size and Forecast

7.5 Prepaid Card Market Size and Forecast

7.6 Charge Card Market Size and Forecast

8 Profile of Key Operators, Products and Strategies

- Bank of America Corporation

- JP Morgan Chase

- PNC Bank

- Wells Fargo

- American Express

For more information visit http://www.researchandmarkets.com/research/hz5qfj/emerging

Contacts

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Cards

Sharing

Contacts

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Cards