United States Open Loop Prepaid Cards Market Forecast Report 2019-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 8, 2019--
The “16th Annual U.S. Open Loop Prepaid Cards Market Forecast, 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The report forecasts that growth in the open loop prepaid loads in the United States will be 2% through 2023, reaching a total of $402.8 billion.
The new research report provides an analysis of the growth and developments of the prepaid cards industry through 2023. The report examines loads, growth potential, and market dynamics in the United States across all open loop prepaid segments
This report reviews and forecasts load dollar volume for open loop segments. This forecast highlights the segments approaching market saturation as well as those that will continue to experience double-digit annual growth. The report warns that of course the economy, politics, and consumer behavior will all influence which segments grow and which decline.
Prepaid providers should be evaluating their businesses and looking for ways to move as many costs as possible to variable. Opportunities in the prepaid market shift with economic and regulatory changes, causing segments to shift in volume from year to year. Because of these shifts, successful program managers will seek to achieve a variable cost structure to take advantage of the ups and the downs. It would be wise for program managers to explore new technologies as well, such as the internet of things and new use cases such as corporate disbursements, small business GPR cards, or insurance and health care claims, which will be the growth markets in the years to come.
Highlights of the report include:
Key Topics Covered:
Open Loop Market Load Forecast
Cash Access Category
Business Time and Expense Category
In-Store Gift Cards Category (Open Loop)
Government Category (Open Loop)
Payroll and Benefits Category
For more information about this report visit https://www.researchandmarkets.com/r/6epzy6
View source version on businesswire.com:https://www.businesswire.com/news/home/20191108005356/en/
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KEYWORD: UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 11/08/2019 09:49 AM/DISC: 11/08/2019 09:49 AM