Peru Cards & Payments Market Analyzed & Forecast by Timetric in New Research Report Available at MarketPublishers.com
18 Jun 2014 • by Natalie Aster
LONDON – During 2009-2013, the cards and payments industry in Peru followed an upward trend. The number of cards in circulation in Peru grew at a 6.33% CAGR during 2009-2013 and increased from 19.4 million to 24.7 million cards. Meantime, it terms of transaction value, the national cards and payment industry posted a 29.03% CAGR between 2009 and 2013, increasing from USD 27.9 billion (PEN 4.1 billion) in 2009 to USD 86.3 billion (PEN 233.2 billion) in 2013.
The number of cards in circulation in Peru is anticipated to grow at an 8.24% CAGR in the next 5 years to reach 38.2 million cards by 2018-end. In terms of transaction value, the domestic cards and payments industry is likely to reach USD 101.6 billion (PEN 282.5 billion) in 2014; furthermore, it is predicted to grow at a 18.24% CAGR in the next 5 years and amount to USD 202.1 billion (PEN 552.3 billion) in 2018.
New market research report “Peru's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape” worked out by Timetric offers an insightful overview of the national cards and payments industry.
The study grants access to a comprehensive analysis of the Peruvian cards and payments industry, covering the current industry state as well as traces its historical development. The report sheds light on the regulative framework, gives a thorough examination of the main market segments, provides a detailed assessment of the industry’s attractiveness, identifies and scrutinizes the most promising growth areas; and also contains an extensive analysis of the key market drivers and restraints. The report describes the competitive scenario, discloses details on the major market players and touches upon the key business strategies used by the institutions active in the local cards and payment market. In addition, a five-year future outlook for the Peruvian cards and payments market is at hand in the new study.
Peru's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
Published: June, 2014
Price: US$ 3,995.00
More new market research reports by the publisher can be found at Timetric page.