Global Virtual Cards Market Size & Outlook, 2023-2030
Global virtual cards market, 2018-2030 (US$M)
Related Markets
Global virtual cards market highlights
- The global virtual cards market generated a revenue of USD 15,872.0 million in 2023 and is expected to reach USD 60,064.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 20.9% by 2030.
- In terms of segment, credit cards accounted for a revenue of USD 9,596.3 million in 2023.
- Credit Cards is the most lucrative card type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 15,872.0 million |
| Market revenue in 2030 | USD 60,064.6 million |
| Growth rate | 20.9% (CAGR from 2023 to 2030) |
| Largest segment | Credit cards |
| Fastest growing segment | Credit Cards |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Debit Cards, Credit Cards |
Other key industry trends
- In terms of revenue, the North America accounted for 30.7% of the global virtual cards market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, France is the fastest growing regional market and is projected to reach USD 3,723.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Virtual Cards Market Scope
Virtual Cards Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global virtual cards market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to virtual cards market will help companies and investors design strategic landscapes.
Credit cards was the largest segment with a revenue share of 60.46% in 2023. Horizon Databook has segmented the Global virtual cards market based on debit cards, credit cards covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Virtual Cards Card Type Outlook (Revenue, USD Million, 2018-2030)
- Plastic
- Metal
- Debit Cards
- Credit Cards
- Global Virtual Cards End Use Outlook (Revenue, USD Million, 2018-2030)
- Retail
- Transportation
- Healthcare
- Hospitality
- Government
- Others
- Consumer Use
- Business Use
- Global Virtual Cards Product Outlook (Revenue, USD Million, 2018-2030)
- B2B Virtual Cards
- B2C Remote Payment Virtual Cards
- C2B POS Virtual Cards
Reasons to subscribe to Global virtual cards market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global virtual cards market databook
-
Our clientele includes a mix of virtual cards market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global virtual cards market , including forecasts for subscribers. This global databook contains high-level insights into Global virtual cards market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global virtual cards market size, by regions, 2018-2030 (US$M)
Top 10 countries: Virtual cards market size, 2023 (US$M)
Global virtual cards market share, by card type, 2023 & 2030 (%, US$M)
Virtual cards market: Opportunity assessment by country
Global virtual cards market, by region, 2023 (US$M)
| Card Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,166.9 | 2,516.2 | 2,928.6 | 3,428.5 | 4,077.9 | 4,873.6 | 5,853.9 | 7,074.7 | 8,578.4 | 10,453.4 | 12,759.1 | 15,547.9 | 18,770.2 | 21.2% |
| Europe | 2,816.3 | 3,234.2 | 3,722.4 | 4,304.7 | 5,065.2 | 5,970.6 | 7,071.2 | 8,423.7 | 10,065.0 | 12,081.7 | 14,521.4 | 17,418.8 | 20,962.6 | 19.7% |
| Asia Pacific | 1,283.2 | 1,506.9 | 1,773.5 | 2,100.8 | 2,524.7 | 3,043.8 | 3,688.2 | 4,496.5 | 5,500.1 | 6,761.2 | 8,325.1 | 10,233.8 | 12,553.5 | 22.4% |
| Latin America | 678.8 | 791.3 | 924.6 | 1,086.8 | 1,297.6 | 1,553.8 | 1,870.0 | 2,264.3 | 2,751.0 | 3,358.8 | 4,107.7 | 5,015.3 | 6,066.5 | 21.5% |
| MEA | 156.5 | 189.9 | 230.6 | 283.5 | 348.7 | 430.2 | 533.5 | 665.7 | 833.4 | 1,048.6 | 1,321.4 | 1,662.5 | 1,711.8 | 21.8% |
| Overall | 7,101.6 | 8,238.5 | 9,579.7 | 11,204.3 | 13,314.0 | 15,872.0 | 19,016.7 | 22,924.9 | 27,728.0 | 33,703.7 | 41,034.7 | 49,878.2 | 60,064.6 | 20.9% |
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
