$5.31 Billion Prepaid Card and Digital Wallet Market Opportunity in the Philippines by 2027
Dublin, May 12, 2023 /PRNewswire/ – “Philippines Prepaid Cards and Digital Wallets Business and Investment Opportunities Data Book – Market Size and Forecast, Consumer Attitudes and Behavior, Retail Spending – Q1 2023 Update” Report Added to ResearchAndMarkets.com’s supply.
Prepaid Card Market (Value) the Philippines 2018-2022 CAGR of 7.3%.The market is expected to register a CAGR of 10.3% during the forecast period 2023 to 2027, from $3.21 billion reached in 2022 $5.31 billion by 2027.
This report provides a detailed data-centric 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 the Philippines.
This report contains more than 100 KPIs at the country level 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 the Philippines.
- Digital Wallet Segmentation: Provides the value, volume, and average value of each transaction in digital wallets for the 5 main spending categories. This includes retail, travel, entertainment and gaming, restaurants, and top-ups and bill payments.
- Open Loop and Closed Loop Prepaid Cards: Market Estimates and Forecasts to Assess Opportunities 13 Open Loop and Closed Loop Prepaid Market Segmentation. 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
Philippine Digital Wallet Market Size and Forecast
- Transaction Amount Trend Analysis
- Trading Volume Trend Analysis
- Average value per transaction
Philippine Digital Wallet Market Size and Major Segment Forecast
- Retail shopping (value, quantity, average value)
- Trips (value, quantity, average value)
- Fun and games (value, quantity, average value)
- Restaurant (value, quantity, average value)
- recharge and Pay the fees (value, quantity, average value)
Market Attractiveness of the Philippine Prepaid Card Industry
- Load value trend analysis
- Transaction Amount Trend Analysis
- Trading Volume Trend Analysis
- Average value per transaction
- number of cards
Market Share Analysis by Functional Attribute – Open Loop vs Closed Loop
Market Share Analysis by Prepaid Card Category
Future Growth Drivers of Open-loop Prepaid Cards in the Philippines
- Transaction Amount Trend Analysis
- Trading Volume Trend Analysis
- Average value per transaction
- number of cards
Future growth drivers of closed-loop prepaid cards in the Philippines
- Transaction Amount Trend Analysis
- Trading Volume Trend Analysis
- Average value per transaction
- number of cards
Prepaid Card Consumer Usage Trends in the Philippines
- by age group
- by income group
- by gender
Market Size and Forecast of Universal Prepaid Cards in the Philippines
the Philippines – Gift Cards Market Size and Forecast
- Gift Card Market Size and Forecast by Functional Attributes
- 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
Philippine Entertainment and Gaming Prepaid Card Market Size and Forecast
Philippines Youth and School Prepaid Card Market Size and Forecast
Teen and School Prepaid Card Market Size and Forecast by Functional Attributes
- Via Open Loop Teen and Campus Prepaid Cards
- Prepaid Cards for Teens and Campuses via Closed Loop
Prepaid Card Market Size and Forecast for Business and Administrative Expenses in the Philippines
Business and Administrative Expenses Prepaid Cards Market Size and Consumer Segment Forecasts
- By Small Business Sector
- By Mid-End Business Unit
- By business segment
- by government department
Philippine Salary Prepaid Card Market Size and Forecast
Salary Prepaid Card Market Size and Consumer Segment Forecasts
- By Small Business Sector
- By Mid-End Business Unit
- By business segment
- by government department
Philippine Meal Card Market Size and Forecast
Meal Prepaid Card Market Size and Consumer Group Forecast
- By Small Business Sector
- By Mid-End Business Unit
- By business segment
- by government department
Market Size and Forecast of Foreign Exchange Prepaid Cards for Tourism in the Philippines
Travel Forex Prepaid Card Market Size and Consumer Segment Forecast
- by retail
- By Small Business Sector
- By Mid-End Business Unit
- By business segment
- by government department
Philippines Transportation and Toll Prepaid Card Market Size and Forecast
Philippine Healthcare Prepaid Card Market Size and Forecast
Philippines Social Security and Other Government Benefit Program Prepaid Card Market Size and Forecast
Philippine Fuel Prepaid Card Market Size and Forecast
Philippine Utility and Other Prepaid Cards Market Size and Forecast
For more information on this report, please visit https://www.researchandmarkets.com/r/nq33dd
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