Virtual Cards Market
Venture Capital Firms Investing in Virtual Card Provider’s Ambitions, Explore Underlying Opportunities
Virtual Cards Market by Product, End Uses & Region - Forecast 2022 - 2032
Virtual Cards Market Snapshot (2022-2032)
[250 Pages Report] According to Future Market Insights, sales of virtual cards in 2021 were valued to be $338 Bn. The virtual cards market is predicted to reach a worth of US$ 1.3 Tn by 2032, with 12.2% projected growth between 2022 and 2032. The demand for virtual cards is supported by the following factors:
- Tokenization in the digital payment gateway system is the result of the growing need for an extra layer of protection. This technology offers numerous benefits such as reduced costs on protection and better user experience and is expected to drive the demand for virtual cards.
- These virtual cards eradicate the expense and hassle of processing paper and managing physical cards. Moreover, data can be transferred by merchants between networks while protecting their customer’s vital information, by integrating tokenization within these cards.
- Another major factor that is estimated to propel the adoption of virtual cards is the increasing acceptance of smartphones globally. In addition, smartphones today come integrated with innovative technological developments such as 5G to effectuate customer satisfaction which further promotes market growth.
- Government initiatives encourage companies to provide secure payment solutions to improve their offerings. Customers can pay through a variety of channels such as mobile and internet banking, mobile applications, etc. through the implementation of these guidelines.
Apart from the virtual cards market share witnessing a blooming growth, hindrances such as concerns over the limited availability of these cards may curb product demand.
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Attributes |
Details |
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Global Virtual Cards Market Size (2022) |
US$ 411 Bn |
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Global Virtual Cards Market Size (2032) |
US$ 1.3 Tn |
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Global Virtual Cards Market CAGR (2022-2032) |
12.2% |
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U.S. Virtual Cards Market Size (2032) |
US$ 462.4 Bn |
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U.S. Virtual Cards Market CAGR (2022-2032) |
12% |
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Key Companies Covered |
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The proliferation of 5G & Smartphones Increasing Demand for Virtual Cards: North America & Asia Pacific
North America currently holds the largest share of the virtual cards market which is attributed to the deployment of advanced technologies such as 5G, increased usage of digital payment systems, and the presence of key companies. The U.S. and Canada are the major countries that have a strong presence of key providers which is expected to increase the sales of virtual cards. Additionally, these key players are involved in contributing heavy investments towards research and development (R&D) activities for digital payment options through prominent specialized payment platforms which can be enabled quickly and used to spend balances wherever Visa is accepted.
The Asia Pacific is a growing virtual cards market owing to the growing adoption of IoT services and increasing government initiatives, especially in the countries China, Japan, and India to encourage digital payments and extensive usage of smartphones. Moreover, the establishment of a digital payments system is actively sped up through the acceleration of digital transformation from both the governments and industry players for consumer payments in China. In addition, the People’s Bank of China launched a series of digital currency trials across major cities by cooperating with local governments.
Customization & Other Opportunities in the Virtual Cards Market
Facilities such as cancelling and pausing a card at any time, as well as setting spending limits are expected to generate a new set of opportunities for manufacturers to get creative. Furthermore, unlike physical cards, virtual cards cannot be stolen or lost. Key market players are essentially introducing virtual cards as a powerful new solution to address the growing problem of accounts receivable departments. They claim that the adoption of virtual cards can save time with automatic payment disbursements and reconciliation consolidation, while also reducing personal card reimbursements. These cards further help reduce fraud when the customer leverages modern, digital payments like single-use or reusable card numbers with extensive controls.
Employers can give virtual cards to their employees or other individuals on demand through mobile apps. From virtual AI-powered self-service tools to digital onboarding and implementation, virtual cards can also be used to access more ways to pay with seamless API integrations across a variety of software platforms.
Key virtual card market players are offering a broad range of solutions with these cards to allow end users to efficiently manage procurement and travel expenses with versatile card controls in their accounting systems. They are further offering experienced payment specialists who can help end users design and implement their optimal expense management program. By ditching plastic cards, the emergence of virtual cards has been the result of partnerships between key companies.
Certain key market players have launched a next-generation virtual card solution that uses machine learning and straight-through processing to enable instant payment of supplier invoices. This sophisticated machine learning identifies and analyzes invoices that are most likely to be rejected, enabling the rest to be authorized for payment on the same day they are received. These factors are anticipated to expand the global virtual card market size.
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Talk to AnalystRevenue Of Virtual Cards Market From 2015 To 2021 Compared To Demand Outlook For 2022 To 2032
As per the Virtual Cards Market research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2015 to 2021, the market value of the Virtual Cards Market increased at around 21.7% CAGR. With an absolute dollar opportunity of US$ 891 Bn, the market is projected to reach a valuation of US$ 1.3 Tn by 2032.
In order to improve B2B payments, virtual cards are essential. Business resources can be accessed from everywhere at any time due to their greater flexibility and simplicity. They also provide a dependable and scalable dealer payment system, mainly for international transactions.
Investors should look at the virtual card business since it has significant room for expansion. As a result, several venture capital firms throughout the world are investing in companies that supply reusable and virtual payment cards. As per Digital Commerce 360, a media company, online sales in the United States were almost US$ 204.6 Bn in Q3 2021, up 6.8% from Q3 2020.
Privacy.com, the newly rebranded cards issuance platform Lithic, unveiled a US$ 43 Mn Series B investment round. Index Ventures, Tusk Venture Partners, Rainfall Ventures, Teamworthy Ventures, and Walkabout Ventures also participated in the round, which was headed by Bessemer Venture Partners.
The Privacy.com-branded Lithic card issuance platform was developed nine months earlier with the goal of making it simple for programmers to mechanically produce virtual and real payment cards.
Ever since, the platform has experienced an exponential increase, with business issuing volumes more than doubling in the previous four months. The flagship product, Privacy.com, continues to become a premier virtual card provider working to make online payments safer and easier and is currently supported by the Lithic card issuance system.
Which Factors Are Propelling Virtual Cards Demand?
Due to the rising number of electronic transactions, the global virtual cards market is projected to rise significantly throughout the forecast period. A virtual card, sometimes also known as a digital card, is a type of electronic payment system that acts as a token for placing online purchases and making electronic payments.
It enhances the payment experience by allowing for a simpler, smarter, and safer method of making online transactions. Businesses may effectively handle card numbers and balances on every mobile or computer device, regardless of whether they are sending or receiving payments, with virtual cards.
CryptoBucks, a smartphone app designed to allow retailers to securely take crypto payments from any device, was launched by Aliant Payments, a renowned U.S. supplier of merchant services including payment systems. The debut of CryptoBucks, which is available free on both iOS and Android, sets a new benchmark for ease of use, versatility, and security.
The CryptoBucks software allows retailers to take Bitcoin, Bitcoin Cash, Litecoin, as well as Ethereum (ether) transactions in-store and online while complying with KYC and AML standards. Moreover, CryptoBucks is providing merchants free crypto processing for the first 90 days, with no monthly charges, no contract, and also no termination, and the ability to cancel at any time.
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Which Sector Is Responsible For The Significant Demand For Virtual Cards?
One of the potential benefits of virtual cards is their ability to provide additional protection. Virtual cards, unlike actual cards, cannot be stolen or lost. The card information is saved and safeguarded online, reducing the amount of personal information that is exposed.
After a transaction, consumers may simply amend or erase their payment details. As a response, virtual cards are becoming a popular payment option for both consumers and organizations looking to conduct safe transactions while improving expenditure visibility and transparency.
Furthermore, improved 5G connectivity aids digital payment service operators in more efficiently implementing fraud protection measures. As per the GSM Association, by 2025, the 5G network would have covered roughly one-third of the world's population.
Region-Wise Analysis
Which Region is projected to Offer the Largest Opportunity for Virtual Cards Market?
Over the estimated period, North America is expected to hold the largest share of the market inside the virtual cards industry. The virtual cards market in North America is rising significantly due to factors such as increased usage of digital payment systems, the presence of key companies, and the deployment of new technologies such as 5G.
Virtual card companies like as JP Morgan Chase, Billtrust, Inc., as well as Stripe have a strong presence in North America. The presence of such important virtual card providers boosts demand of the North American virtual card industry.
The Skrill America digital wallet has introduced a virtual view of its current Skrill Visa Prepaid Card, according to Paysafe, a prominent specialized payments platform. Skrill USA's most recent product innovation provides Americans with a digital payment option that can be enabled quickly and used to spend Skrill balances online wherever Visa is accepted.
The Skrill Virtual Visa Prepaid Card, which is offered by the New York-based Community Federal Savings Account, allows Skrill USA clients to purchase online practically anywhere because the majority of U.S. and worldwide eCommerce sites accept Visa card payments.
The new virtual Skrill Visa Prepaid Card, which was released in January 2020 as a replacement to the real CFSB-issued Skrill Visa Card, has a shortened application procedure and may be enabled in their accounts in seconds.
According to the ACI Worldwide analysis, digital payments will account for 71.7% of total transaction volume in India by 2025, while cash and cheques will account for 28.3%. As a result, as the number of digital payments grows, so does the need for virtual cards.
Country-Wise Analysis
Which Country Lies at the Centerstage for Virtual Cards Market Revenue?
By the end of 2032, the United States is projected to account for the largest market share of US$ 462.4 Bn. The key drivers of development are technological improvements and a rise in the number of consumers opting for virtual payment operations. European banks are working to develop a European payments initiative that would provide a uniform payment option for retailers and customers throughout the country.
Extend, the New York City-based leader in fintech that specializes in virtual cards, and American Express established a partnership to develop virtual Card services for U.S. businesses. Companies in the United States with a valid American Express Business Card may enroll and produce virtual cards, also known as tokens, using Extend's app or desktop login.
Several organizations may benefit from virtual cards, which can assist with anything from finding a dependable and upgraded approach to regulating spending to automating payment operations and obtaining richer data. Since the beginning of the epidemic, more businesses have been using virtual cards to automate their payment operations and enhance their use of contactless payments.
Category-Wise Insights
Which Virtual Cards Segment is projected to Witness Fastest Growth among Virtual Cards Type?
B2B Virtual Cards segment is forecasted to grow at the highest CAGR of over 12.1% during 2022-2032. Virtual cards are frequently used as Single-Use Accounts for B2B payments. These are one-time-use, automated credit card numbers that Accounts Payments sends to suppliers and buyers for payment purposes.
As a result, the number is only valid for those transactions in a defined quantity. By integrating vcards with a business cost management solution, the user can get the most out of using vcards for Business - to - business payments. Meshpayments.com, for example, streamlines the usage of vcards by connecting spending procedures.
Which End Use of Virtual Cards is expected to Significant Opportunity in the Coming Years?
The Consumer Use segment is forecasted to grow at the highest CAGR of over 11.8% during 2022-2032. Mastercard and Previse officially confirmed the inclusion of Mastercard Cross-Border Offerings into Previse's InstantPay channel.
Mastercard Cross-Border Solutions is a global push payments technology that lets funds be sent seamlessly, securely. As a result of the agreement, immediate payments to providers in over 100+ markets around the world.
Competitive Analysis
The leading players in the global Virtual Cards market are BTRS Holdings, Inc.; Fraedom Holdings Limited; JPMorgan Chase & Co.; Marqeta, Inc.; Mastercard; and Skrill USA, Inc.
- In October 2020, Aliant Payments announced the expansion of XRP, an open-source alternative digital asset, to its CryptoBucks crypto payment phone app enabled by Aliant Payments. XPR would be accessible as a mobile app including both Android and iOS.
- In July 2020, ParkMobile, a parking solutions company, announced an agreement with EasyPark, a facilities services company. The previous firm facilitated contactless payments across Vancouver as a result of this collaboration.
Similarly, recent developments related to companies in Virtual Cards services have been tracked by the team at Future Market Insights, which are available in the full report.
Market Segments Covered In Virtual Cards Market Analysis
By Product Type:
- B2B Virtual Cards
- B2C Remote Payment Virtual Cards
- B2C POS Virtual Cards
By End Use:
- Consumer Use
- Business Use
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Frequently Asked Questions
How much is the current worth of the Virtual Cards Market?
The global Virtual Cards Market is worth more than US$ 338 Bn at present.
What is the sales forecast for Virtual Cards Market?
The value of the virtual cards market is projected to increase at a CAGR of around 12.2% during 2022 – 2032.
What was the last 7 year’s market CAGR?
The value of the virtual cards market increased at a CAGR of around 21.7% during 2015 – 2021.
What is a key trend shaping the growth of the Virtual Cards Market?
Increased government attempts to promote digital payments, as well as the surged usage of smartphones for making payments are shaping the Virtual Card industry forward.
At what percentage is sales of Virtual Cards Market going to register growth in the US?
The market of Virtual Cards Market in the US is projected to expand at a CAGR of around 12% during 2022 – 2032.
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Summary of Statistics 1.3. Key Market Characteristics & Attributes 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Risks and Trends Assessment 3.1. Risk Assessment 3.1.1. COVID-19 Crisis and Impact on Virtual Cards Demand 3.1.2. COVID-19 Impact Benchmark with Previous Crisis 3.1.3. Impact on Market Value (US$ Mn) 3.1.4. Assessment by Key Countries 3.1.5. Assessment by Key Market Segments 3.1.6. Action Points and Recommendation for Suppliers 3.2. Key Trends Impacting the Market 3.3. Formulation and Product Development Trends 4. Market Background and Foundation Data Points 4.1. Global Virtual Cards Market (US$ Mn) 4.2. Virtual Cards Market Opportunity Assessment (US$ Mn) 4.2.1. Total Available Market 4.2.2. Serviceable Addressable Market 4.2.3. Serviceable Obtainable Market 4.3. Market Scenario Forecast 4.3.1. Demand in optimistic Scenario 4.3.2. Demand in Likely Scenario 4.3.3. Demand in Conservative Scenario 4.4. Investment Feasibility Analysis 4.4.1. Investment in Established Markets 4.4.1.1. In Short Term 4.4.1.2. In Long Term 4.4.2. Investment in Emerging Markets 4.4.2.1. In Short Term 4.4.2.2. In Long Term 4.5. Forecast Factors - Relevance & Impact 4.5.1. Top Companies Historical Growth 4.5.2. Global Virtual Cards Market Growth 4.5.3. Virtual Cards Adoption Rate, By Country 4.6. Market Dynamics 4.6.1. Market Driving Factors and Impact Assessment 4.6.2. Prominent Market Challenges and Impact Assessment 4.6.3. Virtual Cards Market Opportunities 4.6.4. Prominent Trends in the Global Market & Their Impact Assessment 5. Key Success Factors 5.1. Manufacturers’ Focus on Low Penetration High Growth Markets 5.2. Banking on with Segments High Incremental Opportunity 5.3. Peer Benchmarking 6. Global Virtual Cards Market Demand Analysis 2015-2021 and Forecast, 2022-2032 6.1. Historical Market Analysis, 2015-2021 6.2. Current and Future Market Projections, 2022-2032 6.3. Y-o-Y Growth Trend Analysis 7. Global Virtual Cards Market Value Analysis 2015-2021 and Forecast, 2022-2032 7.1. Historical Market Value (US$ Mn) Analysis, 2015-2021 7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Global Virtual Cards Market Analysis 2015-2021 and Forecast 2022-2032, By Product Type 8.1. Introduction / Key Findings 8.2. Historical Market Size (US$ Mn) Analysis By Product Type, 2015-2021 8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Product Type, 2022-2032 8.3.1. B2B Virtual Cards 8.3.2. B2C Remote Payment Virtual Cards 8.3.3. B2C POS Virtual Cards 8.4. Market Attractiveness Analysis By Product Type 9. Global Virtual Cards Market Analysis 2015-2021 and Forecast 2022-2032, By End User 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Mn) Analysis By End User, 2015-2021 9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End User, 2022-2032 9.3.1. Consumer Use 9.3.2. Business Use 9.3.3. Others 9.4. Market Attractiveness Analysis By End User 10. Global Virtual Cards Market Analysis 2015-2021 and Forecast 2022-2032, By Region 10.1. Introduction 10.2. Historical Market Size (US$ Mn) Analysis By Region, 2015-2021 10.3. Current Market Size (US$ Mn) & Analysis and Forecast By Region, 2022-2032 10.3.1. North America 10.3.2. Latin America 10.3.3. Europe 10.3.4. Asia Pacific 10.3.5. Middle East and Africa (MEA) 10.4. Market Attractiveness Analysis By Region 11. North America Virtual Cards Market Analysis 2015-2021 and Forecast 2022-2032 11.1. Introduction 11.2. Pricing Analysis 11.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 11.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 11.4.1. By Country 11.4.1.1. U.S. 11.4.1.2. Canada 11.4.1.3. Rest of North America 11.4.2. By Product Type 11.4.3. By End User 11.5. Market Attractiveness Analysis 11.5.1. By Country 11.5.2. By Product Type 11.5.3. By End User 12. Latin America Virtual Cards Market Analysis 2015-2021 and Forecast 2022-2032 12.1. Introduction 12.2. Pricing Analysis 12.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 12.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 12.4.1. By Country 12.4.1.1. Brazil 12.4.1.2. Mexico 12.4.1.3. Rest of Latin America 12.4.2. By Product Type 12.4.3. By End User 12.5. Market Attractiveness Analysis 12.5.1. By Country 12.5.2. By Product Type 12.5.3. By End User 13. Europe Virtual Cards Market Analysis 2015-2021 and Forecast 2022-2032 13.1. Introduction 13.2. Pricing Analysis 13.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 13.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 13.4.1. By Country 13.4.1.1. Germany 13.4.1.2. France 13.4.1.3. U.K. 13.4.1.4. Italy 13.4.1.5. Benelux 13.4.1.6. Nordic Countries 13.4.1.7. Rest of Europe 13.4.2. By Product Type 13.4.3. By End User 13.5. Market Attractiveness Analysis 13.5.1. By Country 13.5.2. By Product Type 13.5.3. By End User 14. Asia Pacific Virtual Cards Market Analysis 2015-2021 and Forecast 2022-2032 14.1. Introduction 14.2. Pricing Analysis 14.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 14.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 14.4.1. By Country 14.4.1.1. China 14.4.1.2. Japan 14.4.1.3. South Korea 14.4.1.4. Rest of Asia Pacific 14.4.2. By Product Type 14.4.3. By End User 14.5. Market Attractiveness Analysis 14.5.1. By Country 14.5.2. By Product Type 14.5.3. By End User 15. Middle East and Africa Virtual Cards Market Analysis 2015-2021 and Forecast 2022-2032 15.1. Introduction 15.2. Pricing Analysis 15.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 15.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 15.4.1. By Country 15.4.1.1. GCC Countries 15.4.1.2. South Africa 15.4.1.3. Turkey 15.4.1.4. Rest of Middle East and Africa 15.4.2. By Product Type 15.4.3. By End User 15.5. Market Attractiveness Analysis 15.5.1. By Country 15.5.2. By Product Type 15.5.3. By End User 16. Key Countries Virtual Cards Market Analysis 2015-2021 and Forecast 2022-2032 16.1. Introduction 16.1.1. Market Value Proportion Analysis, By Key Countries 16.1.2. Global Vs. Country Growth Comparison 16.2. US Virtual Cards Market Analysis 16.2.1. Value Proportion Analysis by Market Taxonomy 16.2.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.2.2.1. By Product Type 16.2.2.2. By End User 16.3. Canada Virtual Cards Market Analysis 16.3.1. Value Proportion Analysis by Market Taxonomy 16.3.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.3.2.1. By Product Type 16.3.2.2. By End User 16.4. Mexico Virtual Cards Market Analysis 16.4.1. Value Proportion Analysis by Market Taxonomy 16.4.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.4.2.1. By Product Type 16.4.2.2. By End User 16.5. Brazil Virtual Cards Market Analysis 16.5.1. Value Proportion Analysis by Market Taxonomy 16.5.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.5.2.1. By Product Type 16.5.2.2. By End User 16.6. Germany Virtual Cards Market Analysis 16.6.1. Value Proportion Analysis by Market Taxonomy 16.6.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.6.2.1. By Product Type 16.6.2.2. By End User 16.7. France Virtual Cards Market Analysis 16.7.1. Value Proportion Analysis by Market Taxonomy 16.7.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.7.2.1. By Product Type 16.7.2.2. By End User 16.8. Italy Virtual Cards Market Analysis 16.8.1. Value Proportion Analysis by Market Taxonomy 16.8.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.8.2.1. By Product Type 16.8.2.2. By End User 16.9. BENELUX Virtual Cards Market Analysis 16.9.1. Value Proportion Analysis by Market Taxonomy 16.9.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.9.2.1. By Product Type 16.9.2.2. By End User 16.10. UK Virtual Cards Market Analysis 16.10.1. Value Proportion Analysis by Market Taxonomy 16.10.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.10.2.1. By Product Type 16.10.2.2. By End User 16.11. Nordic Countries Virtual Cards Market Analysis 16.11.1. Value Proportion Analysis by Market Taxonomy 16.11.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.11.2.1. By Product Type 16.11.2.2. By End User 16.12. China Virtual Cards Market Analysis 16.12.1. Value Proportion Analysis by Market Taxonomy 16.12.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.12.2.1. By Product Type 16.12.2.2. By End User 16.13. Japan Virtual Cards Market Analysis 16.13.1. Value Proportion Analysis by Market Taxonomy 16.13.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.13.2.1. By Product Type 16.13.2.2. By End User 16.14. South Korea Virtual Cards Market Analysis 16.14.1. Value Proportion Analysis by Market Taxonomy 16.14.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.14.2.1. By Product Type 16.14.2.2. By End User 16.15. GCC Countries Virtual Cards Market Analysis 16.15.1. Value Proportion Analysis by Market Taxonomy 16.15.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.15.2.1. By Product Type 16.15.2.2. By End User 16.16. South Africa Virtual Cards Market Analysis 16.16.1. Value Proportion Analysis by Market Taxonomy 16.16.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.16.2.1. By Product Type 16.16.2.2. By End User 16.17. Turkey Virtual Cards Market Analysis 16.17.1. Value Proportion Analysis by Market Taxonomy 16.17.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.17.2.1. By Product Type 16.17.2.2. By End User 16.17.3. Competition Landscape and Player Concentration in the Country 17. Market Structure Analysis 17.1. Market Analysis by Tier of Companies 17.2. Market Concentration 17.3. Market Share Analysis of Top Players 17.4. Market Presence Analysis 17.4.1. By Regional footprint of Players 17.4.2. Product footprint by Players 18. Competition Analysis 18.1. Competition Dashboard 18.2. Competition Benchmarking 18.3. Competition Deep Dive 18.3.1. Skrill 18.3.1.1. Overview 18.3.1.2. Product Portfolio 18.3.1.3. Sales Footprint 18.3.1.4. Strategy Overview 18.3.2. Stripe 18.3.2.1. Overview 18.3.2.2. Product Portfolio 18.3.2.3. Sales Footprint 18.3.2.4. Strategy Overview 18.3.3. WEX Inc. 18.3.3.1. Overview 18.3.3.2. Product Portfolio 18.3.3.3. Sales Footprint 18.3.3.4. Strategy Overview 18.3.4. Billtrust, Inc 18.3.4.1. Overview 18.3.4.2. Product Portfolio 18.3.4.3. Sales Footprint 18.3.4.4. Strategy Overview 18.3.5. Cryptopay, LLC 18.3.5.1. Overview 18.3.5.2. Product Portfolio 18.3.5.3. Sales Footprint 18.3.5.4. Strategy Overview 18.3.6. Fraedom Holdings Limited 18.3.6.1. Overview 18.3.6.2. Product Portfolio 18.3.6.3. Sales Footprint 18.3.6.4. Strategy Overview 18.3.7. JP Morgan Chase 18.3.7.1. Overview 18.3.7.2. Product Portfolio 18.3.7.3. Sales Footprint 18.3.7.4. Strategy Overview 18.3.8. Marqeta Inc 18.3.8.1. Overview 18.3.8.2. Product Portfolio 18.3.8.3. Sales Footprint 18.3.8.4. Strategy Overview 18.3.9. Mastercard Incorporated 18.3.9.1. Overview 18.3.9.2. Product Portfolio 18.3.9.3. Sales Footprint 18.3.9.4. Strategy Overview 18.3.10. MineralTree, Inc. 18.3.10.1. Overview 18.3.10.2. Product Portfolio 18.3.10.3. Sales Footprint 18.3.10.4. Strategy Overview 19. Assumptions and Acronyms Used 20. Research Methodology
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List of Tables
Table 01: Global Virtual Cards Market Value (US$ Mn), By Product Type, 2015 – 2021 Table 02: Global Virtual Cards Market Value (US$ Mn), By Product Type, 2022 – 2032 Table 03: Global Virtual Cards Market Value (US$ Mn), By End User, 2015 – 2021 Table 04: Global Virtual Cards Market Value (US$ Mn), By End User, 2022 – 2032 Table 05: Global Virtual Cards Market, By Region, 2015 – 2021 Table 06: Global Virtual Cards Market, By Region, 2022 – 2032 Table 07: North America Virtual Cards Market Value (US$ Mn), By Product Type, 2015 – 2021 Table 08: North America Virtual Cards Market Value (US$ Mn), By Product Type, 2022 – 2032 Table 09: North America Virtual Cards Market Value (US$ Mn), By End User, 2015 – 2021 Table 10: North America Virtual Cards Market Value (US$ Mn), By End User, 2022 – 2032 Table 11: North America Virtual Cards Market, By Country, 2015 – 2021 Table 12: North America Virtual Cards Market, By Country, 2022 – 2032 Table 13: Latin America Virtual Cards Market Value (US$ Mn), By Product Type, 2015 – 2021 Table 14: Latin America Virtual Cards Market Value (US$ Mn), By Product Type, 2022 – 2032 Table 15: Latin America Virtual Cards Market Value (US$ Mn), By End User, 2015 – 2021 Table 16: Latin America Virtual Cards Market Value (US$ Mn), By End User, 2022 – 2032 Table 17: Latin America Virtual Cards Market, By Country, 2015 – 2021 Table 18: Latin America Virtual Cards Market, By Country, 2022 – 2032 Table 19: Europe Virtual Cards Market Value (US$ Mn), By Product Type, 2015 – 2021 Table 20: Europe Virtual Cards Market Value (US$ Mn), By Product Type, 2022 – 2032 Table 21: Europe Virtual Cards Market Value (US$ Mn), By End User, 2015 – 2021 Table 22: Europe Virtual Cards Market Value (US$ Mn), By End User, 2022 – 2032 Table 23: Europe Virtual Cards Market, By Country, 2015 – 2021 Table 24: Europe Virtual Cards Market, By Country, 2022 – 2032 Table 25: Asia Pacific Virtual Cards Market Value (US$ Mn), By Product Type, 2015 – 2021 Table 26: Asia Pacific Virtual Cards Market Value (US$ Mn), By Product Type, 2022 – 2032 Table 27: Asia Pacific Virtual Cards Market Value (US$ Mn), By End User, 2015 – 2021 Table 28: Asia Pacific Virtual Cards Market Value (US$ Mn), By End User, 2022 – 2032 Table 29: Asia Pacific Virtual Cards Market, By Country, 2015 – 2021 Table 30: Asia Pacific Virtual Cards Market, By Country, 2022 – 2032 Table 31: MEA Virtual Cards Market Value (US$ Mn), By Product Type, 2015 – 2021 Table 32: MEA Virtual Cards Market Value (US$ Mn), By Product Type, 2022 – 2032 Table 33: MEA Virtual Cards Market Value (US$ Mn), By End User, 2015 – 2021 Table 34: MEA Virtual Cards Market Value (US$ Mn), By End User, 2022 – 2032 Table 35: MEA Virtual Cards Market, By Country, 2015 – 2021 Table 36: MEA Virtual Cards Market, By Country, 2022 – 2032 Table 37: Global Virtual Cards Market Incremental $ Opportunity, By Product Type, 2015 - 2021 Table 38: Global Virtual Cards Market Incremental $ Opportunity, By End User, 2022 – 2032 Table 39: Global Virtual Cards Market Incremental $ Opportunity, By Region, 2022 – 2032 Table 40: North America Virtual Cards Market Incremental $ Opportunity, By Product Type, 2015 - 2021 Table 41: North America Virtual Cards Market Incremental $ Opportunity, By End User, 2022 – 2032 Table 42: North America Virtual Cards Market Incremental $ Opportunity, By Country, 2022 – 2032 Table 43: Latin America Virtual Cards Market Incremental $ Opportunity, By Product Type, 2015 - 2021 Table 44: Latin America Virtual Cards Market Incremental $ Opportunity, By End User, 2022 – 2032 Table 45: Latin America Virtual Cards Market Incremental $ Opportunity, By Country, 2022 – 2032 Table 46: Europe Virtual Cards Market Incremental $ Opportunity, By Product Type, 2015 - 2021 Table 47: Europe Virtual Cards Market Incremental $ Opportunity, By End User, 2022 – 2032 Table 48: Europe Virtual Cards Market Incremental $ Opportunity, By Country, 2022 - 2032 Table 49: Asia Pacific Virtual Cards Market Incremental $ Opportunity, By Product Type, 2015 - 2021 Table 50: Asia Pacific Virtual Cards Market Incremental $ Opportunity, By End User, 2022 – 2032 Table 51: Asia Pacific Virtual Cards Market Incremental $ Opportunity, By Country, 2022 – 2032 Table 52: MEA Virtual Cards Market Incremental $ Opportunity, By Product Type, 2015 - 2021 Table 53: MEA Virtual Cards Market Incremental $ Opportunity, By End User, 2022 – 2032 Table 54: MEA Virtual Cards Market Incremental $ Opportunity, By Country, 2022 - 2032
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Figure 01: Global Virtual Cards Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032 Figure 02: Global Virtual Cards Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn Figure 03: Global Virtual Cards Market Share, By Product Type, 2022 & 2032 Figure 04: Global Virtual Cards Market Y-o-Y Growth Projections, By Product Type – 2022-2032 Figure 05: Global Virtual Cards Market Attractiveness Index, By Product Type – 2022-2032 Figure 06: Global Virtual Cards Market Share, By End User, 2022 & 2032 Figure 07: Global Virtual Cards Market Y-o-Y Growth Projections, By End User – 2022-2032 Figure 08: Global Virtual Cards Market Attractiveness Index, By End User – 2022-2032 Figure 09: Global Virtual Cards Market Share, By Region, 2022 & 2032 Figure 10: Global Virtual Cards Market Y-o-Y Growth Projections, By Region – 2022-2032 Figure 11: Global Virtual Cards Market Attractiveness Index, By Region – 2022-2032 Figure 12: North America Virtual Cards Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032 Figure 13: North America Virtual Cards Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn Figure 14: North America Virtual Cards Market Share, By Product Type, 2022 & 2032 Figure 15: North America Virtual Cards Market Y-o-Y Growth Projections, By Product Type – 2022-2032 Figure 16: North America Virtual Cards Market Attractiveness Index, By Product Type – 2022-2032 Figure 17: North America Virtual Cards Market Share, By End User, 2022 & 2032 Figure 18: North America Virtual Cards Market Y-o-Y Growth Projections, By End User – 2022-2032 Figure 19: North America Virtual Cards Market Attractiveness Index, By End User – 2022-2032 Figure 20: North America Virtual Cards Market Share, By Country, 2022 & 2032 Figure 21: North America Virtual Cards Market Y-o-Y Growth Projections, By Country – 2022-2032 Figure 22: North America Virtual Cards Market Attractiveness Index, By Country – 2022-2032 Figure 23: Latin America Virtual Cards Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032 Figure 24: Latin America Virtual Cards Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn Figure 25: Latin America Virtual Cards Market Share, By Product Type, 2022 & 2032 Figure 26: Latin America Virtual Cards Market Y-o-Y Growth Projections, By Product Type – 2022-2032 Figure 27: Latin America Virtual Cards Market Attractiveness Index, By Product Type – 2022-2032 Figure 28: Latin America Virtual Cards Market Share, By End User, 2022 & 2032 Figure 29: Latin America Virtual Cards Market Y-o-Y Growth Projections, By End User – 2022-2032 Figure 30: Latin America Virtual Cards Market Attractiveness Index, By End User – 2022-2032 Figure 31: Latin America Virtual Cards Market Share, By Country, 2022 & 2032 Figure 32: Latin America Virtual Cards Market Y-o-Y Growth Projections, By Country – 2022-2032 Figure 33: Latin America Virtual Cards Market Attractiveness Index, By Country – 2022-2032 Figure 34: Europe Virtual Cards Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032 Figure 35: Europe Virtual Cards Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn Figure 36: Europe Virtual Cards Market Share, By Product Type, 2022 & 2032 Figure 37: Europe Virtual Cards Market Y-o-Y Growth Projections, By Product Type – 2022-2032 Figure 38: Europe Virtual Cards Market Attractiveness Index, By Product Type – 2022-2032 Figure 39: Europe Virtual Cards Market Share, By End User, 2022 & 2032 Figure 40: Europe Virtual Cards Market Y-o-Y Growth Projections, By End User – 2022-2032 Figure 41: Europe Virtual Cards Market Attractiveness Index, By End User – 2022-2032 Figure 42: Europe Virtual Cards Market Share, By Country, 2022 & 2032 Figure 43: Europe Virtual Cards Market Y-o-Y Growth Projections, By Country – 2022-2032 Figure 44: Europe Virtual Cards Market Attractiveness Index, By Country – 2022-2032 Figure 45: MEA Virtual Cards Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032 Figure 46: MEA Virtual Cards Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn Figure 47: MEA Virtual Cards Market Share, By Product Type, 2022 & 2032 Figure 48: MEA Virtual Cards Market Y-o-Y Growth Projections, By Product Type – 2022-2032 Figure 49: MEA Virtual Cards Market Attractiveness Index, By Product Type – 2022-2032 Figure 50: MEA Virtual Cards Market Share, By End User, 2022 & 2032 Figure 51: MEA Virtual Cards Market Y-o-Y Growth Projections, By End User – 2022-2032 Figure 52: MEA Virtual Cards Market Attractiveness Index, By End User – 2022-2032 Figure 53: MEA Virtual Cards Market Share, By Country, 2022 & 2032 Figure 54: MEA Virtual Cards Market Y-o-Y Growth Projections, By Country – 2022-2032 Figure 55: MEA Virtual Cards Market Attractiveness Index, By Country – 2022-2032 Figure 56: Asia Pacific Virtual Cards Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032 Figure 57: Asia Pacific Virtual Cards Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn Figure 58: Asia Pacific Virtual Cards Market Share, By Product Type, 2022 & 2032 Figure 59: Asia Pacific Virtual Cards Market Y-o-Y Growth Projections, By Product Type – 2022-2032 Figure 60: Asia Pacific Virtual Cards Market Attractiveness Index, By Product Type – 2022-2032 Figure 61: Asia Pacific Virtual Cards Market Share, By End User, 2022 & 2032 Figure 62: Asia Pacific Virtual Cards Market Y-o-Y Growth Projections, By End User – 2022-2032 Figure 63: Asia Pacific Virtual Cards Market Attractiveness Index, By End User – 2022-2032 Figure 64: Asia Pacific Virtual Cards Market Share, By Country, 2022 & 2032 Figure 65: Asia Pacific Virtual Cards Market Y-o-Y Growth Projections, By Country – 2022-2032 Figure 66: Asia Pacific Virtual Cards Market Attractiveness Index, By Country – 2022-2032 Figure 67: US Virtual Cards Market Value (US$ Mn) and Forecast, 2022 - 2032 Figure 68: US Virtual Cards Market Share, By Product Type, 2021 Figure 69: US Virtual Cards Market Share, By End User, 2021 Figure 70: Canada Virtual Cards Market Value (US$ Mn) and Forecast, 2022 - 2032 Figure 71: Canada Virtual Cards Market Share, By Product Type, 2021 Figure 72: Canada Virtual Cards Market Share, By End User, 2021 Figure 73: Brazil Virtual Cards Market Value (US$ Mn) and Forecast, 2022 - 2032 Figure 74: Brazil Virtual Cards Market Share, By Product Type, 2021 Figure 75: Brazil Virtual Cards Market Share, By End User, 2021 Figure 76: Mexico Virtual Cards Market Value (US$ Mn) and Forecast, 2022 - 2032 Figure 77: Mexico Virtual Cards Market Share, By Product Type, 2021 Figure 78: Mexico Virtual Cards Market Share, By End User, 2021 Figure 79: Germany Virtual Cards Market Value (US$ Mn) and Forecast, 2022 - 2032 Figure 80: Germany Virtual Cards Market Share, By Product Type, 2021 Figure 81: Germany Virtual Cards Market Share, By End User, 2021 Figure 82: U.K. Virtual Cards Market Value (US$ Mn) and Forecast, 2022 - 2032 Figure 83: U.K. Virtual Cards Market Share, By Product Type, 2021 Figure 84: U.K. Virtual Cards Market Share, By End User, 2021 Figure 85: France Virtual Cards Market Value (US$ Mn) and Forecast, 2022 - 2032 Figure 86: France Virtual Cards Market Share, By Product Type, 2021 Figure 87: France Virtual Cards Market Share, By End User, 2021 Figure 88: Italy Virtual Cards Market Value (US$ Mn) and Forecast, 2022 - 2032 Figure 89: Italy Virtual Cards Market Share, By Product Type, 2021 Figure 90: Italy Virtual Cards Market Share, By End User, 2021 Figure 91: BENELUX Virtual Cards Market Value (US$ Mn) and Forecast, 2022 - 2032 Figure 92: BENELUX Virtual Cards Market Share, By Product Type, 2021 Figure 93: BENELUX Virtual Cards Market Share, By End User, 2021 Figure 94: Nordic Countries Virtual Cards Market Value (US$ Mn) and Forecast, 2022 - 2032 Figure 95: Nordic Countries Virtual Cards Market Share, By Product Type, 2021 Figure 96: Nordic Countries Virtual Cards Market Share, By End User, 2021 Figure 97: China Virtual Cards Market Value (US$ Mn) and Forecast, 2022 - 2032 Figure 98: China Virtual Cards Market Share, By Product Type, 2021 Figure 99: China Virtual Cards Market Share, By End User, 2021 Figure 100: Japan Virtual Cards Market Value (US$ Mn) and Forecast, 2022 - 2032 Figure 101: Japan Virtual Cards Market Share, By Product Type, 2021 Figure 102: Japan Virtual Cards Market Share, By End User, 2021 Figure 103: South Korea Virtual Cards Market Value (US$ Mn) and Forecast, 2022 - 2032 Figure 104: South Korea Virtual Cards Market Share, By Product Type, 2021 Figure 105: South Korea Virtual Cards Market Share, By End User, 2021 Figure 106: GCC Countries Virtual Cards Market Value (US$ Mn) and Forecast, 2022 - 2032 Figure 107: GCC Countries Virtual Cards Market Share, By Product Type, 2021 Figure 108: GCC Countries Virtual Cards Market Share, By End User, 2021 Figure 109: South Africa Virtual Cards Market Value (US$ Mn) and Forecast, 2022 - 2032 Figure 110: South Africa Virtual Cards Market Share, By Product Type, 2021 Figure 111: South Africa Virtual Cards Market Share, By End User, 2021 Figure 112: Turkey Virtual Cards Market Value (US$ Mn) and Forecast, 2022 - 2032 Figure 113: Turkey Virtual Cards Market Share, By Product Type, 2021 Figure 114: Turkey Virtual Cards Market Share, By End User, 2021
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