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Sector Analysis
NewFrance Cards and Payments – Opportunities and Risks to 2028
France Cards and Payments Market Report Overview The annual value of card transactions in the France cards and payments market was $857.59 billion in 2023. The French cards and payments industry is well developed. Multi-functional cards are a prominent feature of the French payment card market. The most common combination is debit and charge card facilities via a single payment card. Additionally, the growing adoption of contactless cards, the expansion of digital-only banks, the emergence of alternative payment solutions, and...
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Company Insights
NewJohn Lewis – Digital Transformation Strategies
John Lewis Digital Transformation Strategies Overview John Lewis has been focusing on using AI, big data, cloud, robotics, contactless retail, innovation, digital twin, gaming, electric vehicles, and e-commerce to digitally transform its operations. The annual ICT spending of John Lewis was estimated at $297.9 million for 2023. A major share of this spending is earmarked for acquiring software, network and communications, and ICT services from vendors. John Lewis, the principal trading subsidiary of John Lewis Partnership Plc, owns and operates...
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Company Insights
NewNIKE – Digital Transformation Strategies
NIKE Digital Transformation Strategies Overview NIKE has been focusing on using AI, blockchain, NFTs, robotics, metaverse, cryptocurrencies, e-commerce, gaming, and virtual reality to digitally transform its operations. The annual ICT spending of NIKE was estimated at $1.3 billion for 2023. A major share of this spending is earmarked for acquiring software, network and communications, and ICT services from vendors. NIKE designs, develops, markets, and sells athletic footwear, equipment, apparel, accessories, and services. The company sells its products to retail accounts...
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Sector Analysis
NewGermany Cards and Payments – Opportunities and Risks to 2027
Germany Cards and Payments Market Report Overview The annual value of card transactions in the German cards and payments market was $593.5 billion in 2023. The rising adoption of contactless cards, the proliferation of digital-only banks, the emergence of alternative payment solutions, and growth in the e-commerce space will propel the German cards and payments market growth at a CAGR of more than 8% during 2023-2027. Germany Card Transactions Outlook, 2023-2027 ($ Billion) Buy the Full Report for More Information...
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Sector Analysis
NewBulgaria Cards and Payments – Opportunities and Risks to 2028
Bulgaria Cards and Payments Market Report Overview The annual value of card transactions in the Bulgaria cards and payments market was $17.3 billion in 2023. The value will grow at a CAGR of more than 12% during 2024-2028. Cash continues to play a pivotal role in Bulgaria. However, the central bank and government are introducing payment regulations, improving payment-acceptance infrastructure, and mandating POS terminal installation in the country to promote electronic payments. Bulgaria Card Transactions Outlook, 2023-2028 ($ Billion) Buy...
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Sector Analysis
NewFinland Cards and Payments – Opportunities and Risks to 2028
Finland Cards and Payments Market Report Overview The annual value of card transactions in the Finland cards and payments market was $72.9 billion in 2023. The value is expected to grow at a CAGR of more than 4% during 2024-2028. Finland has a matured digital payments market facilitated by widespread familiarity with electronic payments, a highly banked population, and a well-established payment infrastructure. Finland Card Transactions Outlook, 2024-2028 ($ Billion) Buy the Full Report for More Information on the Finland...
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Sector Analysis
NewKuwait Cards and Payments – Opportunities and Risks to 2028
Kuwait Cards and Payments Market Report Overview The annual value of card transactions in the Kuwait cards and payments market was $126.6 billion in 2023 and the value will grow at a CAGR of more than 6% during 2024-2028. Kuwait’s payment card market is growing, driven by the combined efforts of the government and financial institutions to promote electronic payments. In addition, a developing and expanding payment acceptance infrastructure has encouraged consumers to use electronic payments for day-to-day transactions. Kuwait...
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Sector Analysis
NewSlovenia Cards and Payments – Opportunities and Risks to 2028
Slovenia Cards and Payments Market Report Overview The annual value of card transactions in the Slovenia cards and payments market was $12.2 billion in 2023 and the value will grow at a CAGR of more than 8% during 2024-2028. The country’s payments market is considered fast-developing because of the consistent surge in technological innovations and the launch of new banking and payment services. This is supported by government initiatives to improve banking penetration, increasing financial knowledge among citizens, and efforts...
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Sector Analysis
NewNetherlands Cards and Payments – Opportunities and Risks to 2028
Netherlands Cards and Payments Market Report Overview The annual value of card transactions in the Netherlands cards and payments market was $205.1 billion in 2023. The Dutch cards and payments market will grow at a CAGR of more than 6% during 2024-2028. Dutch banks are progressively switching from Maestro and V PAY to Mastercard- and Visa-branded debit cards. Since July 2023, Mastercard and Visa have no longer issued Maestro and V PAY cards. Netherlands Card Transactions Outlook, 2024-2028 ($ Billion)...
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Sector Analysis
NewPortugal Cards and Payments – Opportunities and Risks to 2028
Portugal Cards and Payments Market Report Overview The annual value of card transactions in the Portugal cards and payments market was $147.5 billion in 2023. Cash remains the preferred method of consumer payment in Portugal, however, consumers are increasingly adopting payment cards, resulting in rising payment card penetration and usage. Amid improving banking infrastructure and increasing acceptance of payment cards among merchants, card payment value is set to achieve a compound annual growth rate (CAGR) of more than 5% during...