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Credit Cards in the United States

Credit Cards in the United States

Summary

Credit Cards in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The credit cards profile covers the consumer credit sector.
- The US credit cards sector had total balances outstanding of $837.2bn in 2018, representing a compound annual growth rate (CAGR) of 7.1% between 2014 and 2018.
- Consumer confidence, as well as household disposable income, was the main driving force behind the credit cards sector during the historic period.
- The penetration of credit cards is still increasing, as the number of credit cards issued during 2014-2018 grew at a CAGR of 7.1%.

Scope

- Save time carrying out entry-level research by identifying the size, growth, and leading players in the credit cards market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the credit cards market in the United States
- Leading company profiles reveal details of key credit cards market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States credit cards market with five year forecasts

Reasons to buy

- What was the size of the United States credit cards market by value in 2018?
- What will be the size of the United States credit cards market in 2023?
- What factors are affecting the strength of competition in the United States credit cards market?
- How has the market performed over the last five years?
- How large is the United States's credit cards market in relation to its regional counterparts?
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Credit Cards in the United States
Published By :MarketLine
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