What is Phone Card Market?
A phone card is a credit card-sized plastic piece that contains pre-paid credit that allows the bearer to form telephone calls from a personal or public payphone that accepts telephone cards. Throughout a telephone, employing a charge plate unit or the card's credit is consumed by the cardphone. A new telephone card is needed to form a future decision or continue the telephone call. Factors like a rise in awareness, easy access, the surge within the variety of net users, and also the booming e-commerce trade drive the worldwide charge plate market. However, security threats impede market growth. A rise in unbanked and under-banked populations offers a major chance for market expansion.
The market study is being classified by Type (Magnetic, Optical, Chip and Remote), by Application (Personal Use and Enterprise Use) and major geographies with country level break-up.
UNIVERSAL CALLING INC. (United States), SpeedyPin.com (United States), Birch Communications (United States), VoIP Softswitch (United Kingdom), Matrix Cellular (International) Services Ltd. (India), Masters Enterprises, Inc. (United States), VendingConnection.com (United States), Advancefone (Australia), Aloha Carrier Services (United States) and REVE Systems (Singapore) are some of the key players profiled in the study.
Factors such as an increase in awareness, ease of access, the surge in the number of Internet users, and the booming e-commerce industry drive the global phone card market. However, security threats impede market growth. An increase in the unbanked and under-banked population offers a major opportunity for market expansion. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Phone Card market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Phone Card market by Type, Application and Region.
On the basis of geography, the market of Phone Card has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increase In Awareness
- Ease In Access to The Phone Card
- Surge In Number of Internet Users
Market Trend
- Booming E-Commerce Industry
Restraints
- Increase In Security Threats
Opportunities
- Increase In Unbanked and Under Banked Population
- Increase In Change in The Technology
Challenges
Key Target Audience
Manufacturers of Phone Card, Suppliers and distributors of Phone Card, Governmental and Regulatory bodies and End-Users