South Korea

2023 South Korea Prepaid Card and Digital Wallet Business Report: Market Size of USD 24.5 Billion in 2022

2023 South Korea Prepaid Card and Digital Wallet Business Report: Market Size of USD 24.5 Billion in 2022


dublin, May 12, 2023 /PRNewswire/ — “Korea Prepaid Card and Digital Wallet Business and Investment Opportunities Data Book – Market Size and Forecast, Consumer Attitudes and Behavior, Retail Spending – Q1 2023 Update” report has been added to ResearchAndMarkets.com’s dedication.

Prepaid Card Market (Value Term) South Korea 2018-2022 CAGR of 8.2%.The market is projected to register a CAGR of 7.3% during the forecast period 2023 to 2027, from $24.51 billion reached in 2022 $35.47 billion by 2027.

The report provides a detailed data-focused analysis of prepaid payment instruments, covering spending via prepaid cards and digital wallets in the retail and business consumer segments.

Additionally, it provides a snapshot of consumer behavior and retail spending dynamics South Korea. The report contains more than 100 country-level KPIs to provide a comprehensive understanding of the prepaid cards and digital wallet cards market dynamics.

Report Highlights

  • Market Dynamics: A comprehensive understanding of the size and structure, industry dynamics, market trends, consumer attitudes and behaviors, and competitive landscape of China’s prepaid card and digital wallet industry South Korea.
  • Digital Wallet Segmentation: Provides value, transaction volume, and average value per transaction across 5 key spending categories in digital wallets. This includes retail, travel, entertainment and gaming, restaurants, top-ups and bill payments.
  • Open-loop and Closed-loop Prepaid Cards: Market estimates and forecasts to assess opportunities for 13 open-loop and closed-loop prepaid segments. Four basic KPIs are detailed – number of cards in circulation, number of transactions, load value and transaction value.
  • Consumer Attitudes and Behavior: Based on proprietary findings, this report identifies and explains key Prepaid KPIs, including spending by age, gender, and income level.
  • Retail Spending: Breaks down retail spending into 11 categories to provide detailed insights into consumer behavior and dynamics of prepaid card spending.

scope

Korea Digital Wallet Market Size and Forecast

  • Transaction volume trend analysis
  • Trading Volume Trend Analysis
  • Average value per transaction

Korea Digital Wallet Market Size and Main Segment Market Forecast

  • Retail shopping (value, quantity, average value)
  • Trips (value, quantity, average value)
  • Fun and games (value, quantity, average value)
  • Restaurant (value, quantity, average value)
  • charging and Pay the fees (value, quantity, average value)

Market attractiveness of Korean prepaid card industry

  • Load value trend analysis
  • Transaction volume trend analysis
  • Trading Volume Trend Analysis
  • Average value per transaction
  • number of cards

Market Share Analysis by Functional Attributes – Open vs. Closed Loop

Market Share Analysis by Prepaid Card Category

Future Growth Dynamics of Open-loop Prepaid Cards in South Korea

  • Transaction volume trend analysis
  • Trading Volume Trend Analysis
  • Average value per transaction
  • number of cards

Future Growth Dynamics of Closed-loop Prepaid Cards in South Korea

  • Transaction volume trend analysis
  • Trading Volume Trend Analysis
  • Average value per transaction
  • number of cards

Korean Prepaid Card Consumer Usage Trends

  • by age group
  • by income group
  • by gender

Market Size and Forecast of Universal Prepaid Cards in South Korea

South Korea – Gift Card Market Size and Forecast

  • Gift Card Market Size and Functional Attributes Forecast
  • Via Open Loop Gift Cards
  • via closed loop gift card
  • Gift Cards Market Size and Consumer Segment Forecasts
  • Segment by Retail Consumer
  • Segmentation by Business Consumer
  • Gift Cards Market Share Analysis by Retail Category
  • Gift Cards Market Share Analysis by Gifting Occasion
  • Gift Cards Market Share Analysis by Purchase Location

Korea Entertainment and Game Prepaid Card Market Size and Forecast

Market Size and Forecast of Korean Youth and School Prepaid Cards

Market Size and Functional Attributes Forecast of Youth and School Prepaid Cards

  • Via Open Loop Teen and Campus Prepaid Cards
  • Prepaid Cards for Teens and Campuses via Closed Loop

Market Size and Forecast of Prepaid Cards for Commercial and Administrative Expenses in Korea

Business and Administrative Expenses Prepaid Card Market Size and Consumer Segment Forecasts

  • Segmentation by Small Business
  • By Mid-Level Business Unit
  • Segment by business
  • by government department

South Korean Salary Prepaid Card Market Size and Forecast

Salary Prepaid Card Market Size and Consumer Segment Forecasts

  • Segmentation by Small Business
  • By Mid-Level Business Unit
  • Segment by business
  • by government department

Market Scale and Forecast of Meal Prepaid Cards in Korea

Meal Prepaid Card Market Size and Consumer Segmentation Forecast

  • Segmentation by Small Business
  • By Mid-Level Business Unit
  • Segment by business
  • by government department

Market Scale and Forecast of Foreign Exchange Prepaid Cards for Tourism in Korea

Market Scale and Consumer Segmentation Forecast of Tourism Foreign Exchange Prepaid Cards

  • by retail
  • Segmentation by Small Business
  • By Mid-Level Business Unit
  • Segment by business
  • by government department

Market Size and Forecast of Korea Transportation and Toll Prepaid Cards

Korea Healthcare Prepaid Card Market Size and Forecast

Market Size and Forecast of Prepaid Cards for Social Security and Other Government Welfare Programs in South Korea

Market Size and Forecast of Fuel Prepaid Cards in Korea

South Korea Utility and Other Prepaid Card Market Size and Forecast

For more information on this report, please visit https://www.researchandmarkets.com/r/9g5evp

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