DUBLIN--(BUSINESS WIRE)--The "International Commercial Cards: Market Review and Forecast, 2018-2023" report has been added to ResearchAndMarkets.com's offering.
International Commercial Cards: Market Review and Forecast, 2018-2023, reviews regional trends and card growth through 2023 for mid- to large-market segments in Western Europe, Asia-Pacific, Latin America, and for the first time, Middle East/Africa.
The outlook for noncash spending remains generally robust, especially across the indicated regions. But while commercial payment is estimated to be in the range of $100 trillion (USD) combined annually in these regions, commercial card share of the payment flow is less than 1 percent, commented Steve Murphy, Director of Commercial and Enterprise Payments Advisory Service, author of the report.
Even though growth has been steady and relatively strong, the movement into business-to-business (B2B) payables flow outside of the travel industry has been limited. Headwinds in the form of regulations remain a hurdle, as do longer-term potential threats from new payment schemes, but the general outlook for commercial cards is strong through the next five years, with opportunity available through broader penetration of the payables book.
Highlights of the report include:
- Global economic activity and noncash payments trends
- An overview of the commercial cards market trends in each major region
- Detailed discussion of the specific market issues affecting commercial cards in the various regions
Key Topics Covered:
1. Executive Summary
3. Western Europe
- Western Europe Market Spend Summary
- Regional Focal Points
- Asia-Pacific Market Spend Summary
5. Latin America and Caribbean
- Regional Concerns
- LAC Spend Summary
6. Middle East and Africa
- Regional Stability
- MEA Spend Review
7. Global Growth Dependencies
8. Conclusions and Recommendations
- American Express
- The Travel Corporation
For more information about this report visit https://www.researchandmarkets.com/r/1i0ysd