India Commercial Or Corporate Cards Overview
India commercial or corporate cards market report published by Prophecy Market Insights offers holistic view of various influencing factors and aims to answer all the target market related questions.
Increasing trend of digitalization among individuals in country is driving the India commercial or corporate cards market. The key players operating in the market are using various strategies such as collaboration and product launches in order to increase their share in the market. From December 2018 Reserve bank of India discontinued magnetic strip-based cards on account of increasing instances of card cloning and skimming. For instance, SBI offers credit cards by joint venture between SBI and GE Capital. According to data published by IBEF in 2019, the Indian e-commerce market is anticipated to grow to US$ 200 billion by 2026 from US$ 38.5 billion as of 2017.
Prophecy Market Insights provides detailed analysis on the target market. The report covers market analysis - by product type, card type, application, and sales channel. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. This report contains detailed analysis about drivers, restraints, opportunities, ongoing trends, customer demand, product launches, and region analysis for the target market. In addition, the report delivers competitive analysis regarding key players in the India Commercial or corporate cards market based on various parameters including company overview, product portfolio, market presence, financial performance, key developments, and future strategies.
Report analysis would support management authorities as well as marketers of the companies to make right decision for building business strategies, market expansion, product launches, understanding demand and supply. Significant strategy matrices include but not limited to in the report are PEST analysis, PORTER’s five forces analysis, driver and restraint impact analysis, market opportunity analysis, and market specificity analysis.
India Commercial or corporate cards Market Segmentation:
-By Product Type:
- Business Cards
- Purchase Cards
- Gift Cards
- Travel & Entertainment Cards
-By Card Type:
- Closed-loop Cards
- Open-loop Cards
-By Application:
- Large Enterprises
- Small & Medium-sized Enterprises
-By Sales Channel:
- B2B
- B2C
Key players operating in the India Commercial or corporate cards market include, American Express Company, State Bank of India, Amazon.com Inc., Axis Bank Ltd., HDFC Bank Ltd., Citigroup Inc., Yes Bank Ltd., IndusInd Bank Ltd., Kotak Mahindra Bank Ltd., Standard Chartered PLC.
Chapters covered in this report are:
Chapter 1: Table of Contents
Chapter 2: Market Purview
Chapter 3: Market Dynamics
Chapter 4: India Commercial or corporate cards Market Analysis, By Product Type
Chapter 5: India Commercial or corporate cards Market Analysis, By Card Type
Chapter 6: India Commercial or corporate cards Market Analysis, By Application
Chapter 7: India Commercial or corporate cards Market Analysis, By Sales Channel
Chapter 8: Competitive Landscape
Chapter 9: Company Profiles
Chapter 10: Research Methodology
Customized Research:
Prophecy Market Insights is able to provide customized research reports as per the specific business requirements.
FAQs
The India Commercial or Corporate Cards Market is segmented into Product Type, Card Type, Application and Sales Channel
Various factors, including the increasing adoption of digital payment solutions, the rise in business travel and corporate expenses, and the need for efficient expense management tools, are driving the growth of the India Commercial or Corporate Cards Market.
The India Commercial or Corporate Cards Market faces challenges such as regulatory complexities, security concerns related to digital transactions, and the competition from alternative payment methods, which act as restraints on its global expansion.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific region, and specifically India, is estimated to witness a significantly high revenue share over the forecast period, indicating its dominance in the India Commercial or Corporate Cards Market.
Key players operating in the India Commercial or corporate cards market include, American Express Company, State Bank of India, Amazon.com Inc., Axis Bank Ltd., HDFC Bank Ltd., Citigroup Inc., Yes Bank Ltd., IndusInd Bank Ltd., Kotak Mahindra Bank Ltd., Standard Chartered PLC.