Latest research on Virtual Cards Market

Virtual Cards Market Latest Edition Published with Forecast to 2027


The article cited AMA's "Global Virtual Cards Market Study" explored substantial growth of %. According to the report, The Rising Advancements of these Cards is Also Booming the Market is one of the primary growth factors for the market. High Proliferation of Smartphones is also expected to contribute significantly to the Virtual Cards market. Overall, Consumer Use applications of Virtual Cards, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Technology, such as Wi-Fi, is boosting the Virtual Cards market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Virtual Cards market identified that the demand is rising in many different parts of the world as "The rising benefits of these cards to prevent a card from being used anywhere but where you specify, cancel or pause a card at any time, set spending limits, make purchases with masked bank account descriptions, create cards in seconds with zero activation required, and auto-expire your cards after a period of time.". Furthermore, some recent industry insights like "Troovo recently launched modular robotics process automation tools that allow TMCs to digest what can be complex corporate policy and configuration rules around virtual card generation and automatically traffic bookings to the appropriate payment solution, including virtual cards." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Virtual Cards market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Virtual Cards market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Virtual Cards Market Study

Data Triangulation
The overall Virtual Cards market size is calculated using market estimation process, the Virtual Cards market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Virtual Cards market size has been validated using both top-down and bottom-up approaches.

Praveen Kumar

Head & Director of Sales