UAE Cards and Payments Market to reach 28.4 million cards in 20181. The United Arab Emirates’ (UAE) Cards and Payments
Industry: Emerging Opportunities, Trends, Size, Drivers,
Strategies, Products and Competitive Landscape
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2. The United Arab Emirates’ (UAE) Cards and Payments Industry:
Emerging Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
Synopsis
The report provides top-level market analysis, information and insights on the
UAE cards and payments industry, including:
Current and forecast values for each category of the UAE cards and payments
industry, including debit cards, credit cards, charge cards and prepaid cards
Comprehensive analysis of the industry’s market attractiveness and future
growth areas
Analysis of various market drivers and regulations governing the UAE cards and
payments industry
Detailed analysis of the marketing strategies adopted for selling debit, credit,
charge and prepaid cards used by banks and other institutions in the market
Comprehensive analysis of consumer attitudes and buying preferences for cards
The competitive landscape of the UAE cards and payments industry
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3. The United Arab Emirates’ (UAE) Cards and Payments Industry:
Emerging Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
Summary
The UAE card payments channel grew both in terms of volume and value during
the review period (2009−2013). In terms of the number of cards in circulation,
the channel increased from 10.3 million in 2009 to 18.2 million in 2013, at a
review-period compound annual growth rate (CAGR) of 15.31%. Over the
forecast period (2014−2018), the card payments channel is anticipated to
register a CAGR of 8.57%, to reach 28.4 million cards in 2018.
In terms of transaction value, the card payments channel increased from
AED226.5 billion (US$61.7 billion) in 2009 to AED487.6 billion (US$132.8 billion)
in 2013, at a review-period CAGR of 21.13%. The card payments channel is
anticipated to increase further from AED529.2 billion (US$144.1 billion) in 2014
to AED673.9 billion (US$183.5 billion) in 2018, at a forecast-period CAGR of
6.23%.
The UAE government’s initiative to promote cashless transactions, the growing
popularity of payment cards based on traditional Islamic principles, the
introduction of contactless technology, and the retail, e-commerce and tourism
industries growth all contributed to the expansion of the UAE card payments
channel in volume and value terms during the review period.© RnRMarketResearch.com ;
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4. The United Arab Emirates’ (UAE) Cards and Payments Industry:
Emerging Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
Key highlights
The UAE card payments channel grew both in terms of volume and value during
the review period (2009−2013). In terms of the number of cards in circulation,
the channel increased from 10.3 million in 2009 to 18.2 million in 2013, at a
review-period compound annual growth rate (CAGR) of 15.31%. Over the
forecast period (2014−2018), the card payments channel is anticipated to
register a CAGR of 8.57%, to reach 28.4 million cards in 2018.
In terms of transaction value, the card payments channel increased from
AED226.5 billion (US$61.7 billion) in 2009 to AED487.6 billion (US$132.8 billion)
in 2013, at a review-period CAGR of 21.13%. The card payments channel is
anticipated to increase further from AED529.2 billion (US$144.1 billion) in 2014
to AED673.9 billion (US$183.5 billion) in 2018, at a forecast-period CAGR of
6.23%.
Complete report is available @ http://www.rnrmarketresearch.com/the-
united-arab-emirates-uae-cards-and-payments-industry-emerging-
opportunities-trends-size-drivers-strategies-products-and-competitive-
landscape-market-report.html .
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5. The United Arab Emirates’ (UAE) Cards and Payments Industry:
Emerging Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
Scope
This report provides a comprehensive analysis of the UAE cards and payments
industry.
It provides current values for the UAE cards and payments industry for 2013,
and forecast figures for 2018.
It details the different economic, infrastructural and business drivers affecting
the UAE cards and payments industry.
It outlines the current regulatory framework in the industry.
It details the marketing strategies used by various banks and other institutions.
It profiles the major banks in the UAE cards and payments industry.
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6. The United Arab Emirates’ (UAE) Cards and Payments Industry:
Emerging Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
Reasons to buy
Make strategic business decisions using top-level historic and forecast market
data related to the UAE cards and payments industry and each market within it.
Understand the key market trends and growth opportunities within the UAE
cards and payments industry.
Assess the competitive dynamics in the UAE cards and payments industry.
Gain insights in to the marketing strategies used for selling various card types in
the UAE.
Gain insights into key regulations governing the UAE cards and payments
industry.
Buy a copy of this report @
http://www.rnrmarketresearch.com/contacts/purchase?rname=195653.
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+1 888 391 5441
7. The United Arab Emirates’ (UAE) Cards and Payments Industry:
Emerging Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
For more details contact Mr. Priyank Tiwari: sales@rnrmarketresearch.com /
+18883915441
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