Report Overview

Juniper Research’s new Payment Card Technologies research report provides a highly detailed analysis of the evolution of the payment card market. This analysis features an examination of new segments emerging in the payment cards space and the role these will play going forward.

The report also presents extensive market forecasts; delivering detailed insights and whole market sizing across cards in use, card shipments and accompanying revenue across the below segments:
  • Biometric Cards
  • Contactless Cards
  • Dynamic CVV Cards
  • Metal Cards
  • Other Payment Cards
The report also positions 15 vendors in our Juniper Research Competitor Leaderboard; providing an invaluable resource for stakeholders seeking to understand the competitive landscape of the market.

This research suite comprises:
  • Strategy & Forecasts (PDF)
  • 5-year Market Sizing & Forecast Spreadsheet (Excel)
  • 12 months’ access to harvest Online Data Platform
Key Market Statistics
Market size in 2022: $9.7bn
Market size in 2026: $11.7bn
2022 to 2026 CAGR: 4.25%

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Key Features

  • Market Dynamics: Provides a detailed assessment of how payment cards are evolving, and the forces that will influence this highly dynamic area.
  • Segment Analysis: Future outlook for the development of several different payment card technologies, as well as current adoption trends:
    • Biometric Cards
    • Contactless Cards
    • Dynamic CVV Cards
    • Metal Cards
    • Virtual Cards
  • Juniper Research Competitor Leaderboard: Key player capability and capacity assessment for 15 payment card technology vendors:
    • Allpay.cards
    • CompoSecure
    • CPI Card Group
    • Dzcard
    • Federal Card Services
    • Fingerprints
    • G+D
    • Goldpac
    • IDEMIA
    • Mastercard
    • Paragon ID
    • Thales
    • Valid
    • Visa
    • Zwipe
  • Benchmark Industry Forecasts: Forecasts for payment cards in use, shipments and revenue, across metal cards, biometric cards, dynamic CVV cards, contactless cards and other payment cards. Data is also split by our 8 key regions and the 26 countries listed below:
    • Argentina
    • Australia
    • Brazil
    • Canada
    • China
    • Colombia
    • Denmark
    • France
    • Germany
    • India
    • Italy
    • Japan
    • Mexico
    • Netherlands
    • Norway
    • Poland
    • Portugal
    • Saudi Arabia
    • Singapore
    • South Africa
    • South Korea
    • Spain
    • Sweden
    • Turkey
    • UK
    • US

Key Questions Answered

  1. Which card payment technology segments will see the biggest growth over the next five years?
  2. What are the key trends influencing the evolution of payment cards?
  3. What are the main challenges for rolling out new technologies with payment cards?
  4. Who are the leading players in card payment technologies?
  5. What will be the market size for the different card payment technologies in 2026?

Companies Referenced

Included in the Juniper Research Competitor Leaderboard: allpay cards, CompoSecure, CPI Card Group, dzcard, Federal Card Services, Fingerprints, G+D, Goldpac, IDEMIA, Mastercard, Paragon ID, Thales, Valid, Visa, Zwipe.
 
Mentioned: Air France, AmaTech Group , Amazon, American Express, Apple, Asus, Avanti West Coast, Bank of China, Bank of Ghana, Bank of Montreal Financial Group, Bank of Shanghai, Banka Creditas, BBVA, Beautiful Card Corporation, BlackRock, BNP Paribas, Bundesdruckerei, Burall Infosmart, Capital One, Chase, China Construction Bank, China Unicom, Citibank, Coupa, Delta ID, Department for Communities and Local Government, Deutsche Messe AG, Diners Club Card, Diners Club International, Discover, Easy Pay, Edinburgh City Council, EFT Source, EMVco, Europay, Extend, Fife Council, Fiserv Polska, Government of Guam, GSMA, HDFC Bank, HID Global, Highbridge Capital Management, HP, IDNow, Indian Federal Bank, JCB, JPMorgan Chase, Keolis, KL HI-TECH, Klarna, LLR Capital, London Borough of Camden, London Borough of Southwark Council, Marqeta, N26, Natwest, NetLynch, Nets A/S, NHS, NXP Semiconductors, Nymi, Oberthur Technologies, Orange, Orbit Housing, Pagaya, Parallel49 Equity, PBOC, Pocztowy, Poste Italiane, Premier Card Solutions, PYMNTS, Quebec City, Rakuten, Revolut Manufacturing, Royal Bank of Scotland, RuyPay, Safran Identity & Security, Samsung, Société Generale, Standard Bank, Standard Chartered, Starbucks, State of Vermont, Stockholm Stock Exchange, Swedbank, Thames Technology, Tink, Transfast, Transport for London, TSYS, UniCredit Group, UnionPay, Vocalink, Wells Fargo, WLA (White Label Alliance), Xiaomi, Yokoy.
 
 

Data & Interactive Forecast

Juniper Research’s Payment Card Technologies forecast suite includes:
  • Payment card forecasts, including cards in issue, shipments and revenue, including the following segments:
    • Biometric Cards
    • Contactless Cards
    • Dynamic CVV Cards
    • Metal Cards
    • Other Payment Cards
  • Interactive scenario tool allowing users to manipulate Juniper Research’s data for four different metrics.
  • Access to the full set of forecast data of 35 tables and more than 7,900 datapoints.

Geographical splits: 26 countries

Harvest: Our online data platform, harvest, contains the very latest market data and is updated throughout the year. This is a fully featured platform enabling clients to better understand key data trends and manipulate charts and tables, overlaying different forecasts within the one chart - using the comparison tool. Empower your business with our market intelligence centre, and get alerted whenever your data is updated.

Interactive Excels (IFxl): Our IFxl tool enables clients to manipulate both forecast data and charts, within an Excel environment, to test their own assumptions using the Interactive Scenario Tool and compare selected markets side by side in customised charts and tables. IFxls greatly increase a clients’ ability to both understand a particular market and to integrate their own views into the model.

Forecast Summary

Global payment card shipment revenue for technology companies will reach $11.7 billion in 2026, from $9.7 billion in 2022. This 20% increase reflects new innovations emerging in the payment cards space while the contactless cards roll-out is reaching its latter stages.
  • The introduction of biometric cards, metal cards and dynamic CVV (Card Verification Value) cards will be majorly disruptive trends over the next five years. These new card types all have the same aim – to make cards fit for the new, digital-first payments ecosystem. These new card types will help evolve the payment experience for the digital age, increasing security and useability; making card usage more appealing in the face of increasing mobile-first payment innovations.
  • Metal cards will account for over $4.4 billion in hardware revenue for technology providers globally in 2026, from $1.2 billion in 2022. The premium appearance of metal cards will be highly appealing as a differentiator; driving their future growth.
  • The use of biometric cards, which feature embedded fingerprint sensors, will grow significantly, with shipments expected to grow by almost 850% over the next five years, to 173 million in 2026 globally. Biometric cards will enable card payments to better compete with mobile payments, including Apple Pay and Google Pay, eventually allowing payment cards to have no transaction limits. This development will be critical in removing the barriers to growth for contactless payments.

Payment Card Technologies Reports

Date
Price

Full Research Suite

  • Market trends, strategies and forecasts report (pdf)
  • Market data & forecasts - All topic data and interactivity (xls)
  • harvest market data platform (12 months’ online access) - find out more

Click here for more information and purchase options

Feb 2022

$3947

€3588

£2990

PDF Report & Excel

  • Market trends, strategies and forecasts report (pdf)
  • Market data & forecasts - All topic data and interactivity (xls)

Click here for more information and purchase options

Feb 2022

$2970

€2700

£2250

Research FAQs

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Research Details

Publisher:
Juniper Research
Published:
28/02/2022
Author(s):
Damla Sat, Nick Maynard
Category:
Fintech & Payments
Regions:
8 Key Regions - includes North America, Latin America, West Europe, Central & East Europe, Far East & China, Indian Subcontinent, Rest of Asia Pacific and Africa & Middle East
Countries:
Argentina, Australia, Brazil, Canada, China, Colombia, Denmark, France, Germany, India, Italy, Japan, South Korea, Mexico, Netherlands, Norway, Poland, Portugal, Saudi Arabia, South Africa, Spain, Sweden, Turkey, UK, USA