Expert's Opinion

Transactional Cards Market to Grow by 10.5 Percent from 2014 to 2019

Shows global move towards IC chip-enabled cards.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

The transactional card market is forecast to grow at an average annual growth rate of 10.5% in market value terms between 2014 and 2019. The total number of units for the transactional market is set to grow at an average annual growth rate of 5.3% for total units to 2019. Clearly, market value growth is outpacing unit growth, indicating an increase in unit value triggered by the global move towards IC chip-enabled cards.   The overall unit volume of transactional cards covered in our report, “...

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