An electronic purse is a card that stores value and can be used to pay for travel or other small-scale transactions in a similar way to cash. The secure information stored in a dedicated area or file on the smart-card is the electronic “purse.” The two main objectives of electronic purse cards are to replace cash in the public transportation payment system, either to transition away from a primarily cash-based system or as a replacement for residual cash payments in a mostly pre-paid system. The other objective is to maintain the single tariff as the primary fare product, wherein this could serve as an alternative to or replacement for timed tickets. Therefore, the surge in demand for the electronic purse card is expected to boost the growth of the market in the upcoming years.
The global electronic purse card market is segmented on the basis of type, application, end-user and region. Based on type, the market is divided into tokens, transport money, transport & micro-purchases and E-cash. In terms of application, the market is categorized into general purpose re-loadable card, government benefit/disbursement card, payroll card and others. On the basis of end user the market is divided into retail establishments, corporate institutions, government, financial institutions and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global electronic purse card industry include CardLogix Corporation, Watchdata, Thales, Giesecke & Devrient GmbH, HID Global Corporation, Eastcompeace Technology Co. Ltd, NXP Semiconductors, IDEMIA, ABCorp and CPI Card Group Inc. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global electronic purse card market.
Key Benefits of the Report
This study presents the depiction of the electronic purse card market forecast along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the market share.
The current market is quantitatively analyzed to highlight the electronic purse card market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the electronic purse card market trends.
The report provides detailed electronic purse card market analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the Electronic Purse Card Market Research Report
Which are the leading market players active in the electronic purse card market size?
What are the detailed impacts of COVID-19 on the electronic purse card market?
What are the current trends that will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the economic sanctions market?
What future projections would help in taking further strategic steps?
Electronic Purse Card Market Report Highlights
By Type
Tokens
Transport Money
Transport & Micro Purchases
E-Cash
By Application
General Purpose Re-Loadable Card
Government Benefit/Disbursement Card
Payroll Card
Others
By End-User
Retail Establishments
Corporate Institutions
Government
Financial Institutions
Others
By Region
North America (U.S., Canada)
Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)
Key Market Players
Watchdata, Thales, CPI Card Group Inc., CardLogix Corporation, ABCorp, HID Global Corporation, Eastcompeace Technology Co. Ltd, IDEMIA, NXP Semiconductors, Giesecke & Devrient GmbH
Trending Reports:
Outdoor Payment Terminal (OPT) Market :https://www.newstrail.com/outdoor-payment-terminal-opt-market-3/
Decentralized Insurance Market : https://www.newstrail.com/decentralized-insurance-market/
LendTech Market : https://www.newstrail.com/lendtech-market-2/
Credit Card Issuance Services Market : https://www.newstrail.com/credit-card-issuance-services-market-2/
Natural Language Processing in BFSI Market : https://www.newstrail.com/natural-language-processing-in-bfsi-market/
Cryptocurrency Hardware Wallet Market : https://www.newstrail.com/cryptocurrency-hardware-wallet-market/
Restaurant Point of Sale (POS) Terminal Market : https://www.newstrail.com/restaurant-point-of-sale-pos-terminal-market-3/
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact Us:
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int’l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
[email protected]
