Germany Virtual Cards Market Size & Outlook, 2023-2030
The virtual cards market in Germany is expected to reach a projected revenue of US$ 3,406.4 million by 2030. A compound annual growth rate of 21.5% is expected of Germany virtual cards market from 2024 to 2030.
Revenue, 2023 (US$M)
$870.8
Forecast, 2030 (US$M)
$3,406.4
CAGR, 2024 - 2030
21.5%
Report Coverage
Germany
Germany virtual cards market, 2018-2030 (US$M)
Related Markets
Germany virtual cards market highlights
- The Germany virtual cards market generated a revenue of USD 870.8 million in 2023 and is expected to reach USD 3,406.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 21.5% from 2024 to 2030.
- In terms of segment, credit cards was the largest revenue generating card type in 2023.
- Credit Cards is the most lucrative card type segment registering the fastest growth during the forecast period.
Virtual cards market data book summary
| Market revenue in 2023 | USD 870.8 million |
| Market revenue in 2030 | USD 3,406.4 million |
| Growth rate | 21.5% (CAGR from 2023 to 2030) |
| Largest segment | Credit cards |
| Fastest growing segment | Credit Cards |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Debit Cards, Credit Cards |
| Key market players worldwide | American Express Co, The OLB Group Inc, Marqeta Inc Class A, WEX Inc, Adyen NV, Mastercard Inc Class A, JPMorgan Chase & Co, Wise PLC Class A, Skrill, Stripe, Paysafe Ltd Ordinary Shares - Class A |
Other key industry trends
- In terms of revenue, Germany accounted for 5.5% of the global virtual cards market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK virtual cards market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 3,406.4 million by 2030.
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Virtual Cards Market Scope
Virtual cards market segmentation & scope
Virtual Cards Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 64.85% in 2023. Horizon Databook has segmented the Germany virtual cards market based on debit cards, credit cards covering the revenue growth of each sub-segment from 2018 to 2030.
- Germany Virtual Cards Card Type Outlook (Revenue, USD Million, 2018-2030)
- Plastic
- Metal
- Debit Cards
- Credit Cards
- Germany Virtual Cards End Use Outlook (Revenue, USD Million, 2018-2030)
- Retail
- Transportation
- Healthcare
- Hospitality
- Government
- Others
- Consumer Use
- Business Use
- Germany Virtual Cards Product Outlook (Revenue, USD Million, 2018-2030)
- B2B Virtual Cards
- B2C Remote Payment Virtual Cards
- C2B POS Virtual Cards
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany virtual cards market , including forecasts for subscribers. This country databook contains high-level insights into Germany virtual cards market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Germany virtual cards market size, by card type, 2018-2030 (US$M)
Germany Virtual Cards Market Outlook Share, 2023 & 2030 (US$M)
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