MarkNtel Advisors recently published a detailed industry analysis of the Global Metal Cards Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Global Metal Cards Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The Metal Cards Market size is estimated to grow at a CAGR of around 16% during the forecast period, i.e., 2024–30.

What are the major Driver the Global Metal Cards industry?

Increasing Issuance of Metal Cards by Financial Institutions – Over the past few years, governments across the globe, particularly in countries like India, the UAE, etc., have taken initiatives for digitalization. As a result, several industry verticals, such as banks, insurance companies, etc., have adopted digital solutions to streamline the administrative process. This digitalization encourages the adoption of contactless payment solutions such as digital credit cards & debit cards rather than conventional payment solutions such as cash. As a result, banks are increasingly issuing metal payment cards, driving the growth & development of the Global Metal Cards Market.

In addition, in recent years, consumer preferences have also changed. Individuals nowadays prefer flexibility & convenience. As a result, they prefer contactless payment solutions compared to traditional payment methods. Therefore, to cater to the demand of the young generation & millennials, the banks have started offering contactless payment metal cards. For instance,

• In 2023, the Indian Bank partnered with One Card, a metal credit card manufacturing company, to introduce mobile-first, contactless, metal co-branded credit cards.

This increasing adoption of metal cards in the BFSI sector is offering an opportunity for metal card manufacturers like ICK International Inc., CompoSecure, L.L.C., etc. to deliver their unique range of metal cards to banks. Therefore, it is estimated that these factors will drive the growth of the Global Metal Cards Market in the forthcoming years.

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What segments define the Global Metal Cards market from 2024 to 2030? How do these segments contribute to market dynamics and growth?

• By Type
• Banking Cards- Market Size & Forecast 2019-2030F, Thousand Units
• Credit- Market Size & Forecast 2019-2030F, Thousand Units
• Debit- Market Size & Forecast 2019-2030F, Thousand Units
• Health Insurance Cards- Market Size & Forecast 2019-2030F, Thousand Units
• Travel Cards- Market Size & Forecast 2019-2030F, Thousand Units
• Loyalty & Rewards Cards- Market Size & Forecast 2019-2030F, Thousand Units
• By Material
• Stainless Steel- Market Size & Forecast 2019-2030F, Thousand Units
• Titanium- Market Size & Forecast 2019-2030F, Thousand Units
• Brass- Market Size & Forecast 2019-2030F, Thousand Units
• Copper- Market Size & Forecast 2019-2030F, Thousand Units
• Gold- Market Size & Forecast 2019-2030F, Thousand Units
• Silver- Market Size & Forecast 2019-2030F, Thousand Units
• Others (Aluminum, Platinum, etc.) - Market Size & Forecast 2019-2030F, Thousand Units

According to report, Stainless steel holds a major share of the metal card industry.

• By Technology
• EMV Chip- Market Size & Forecast 2019-2030F, Thousand Units
• Near Field Communication (NFC)- Market Size & Forecast 2019-2030F, Thousand Units
• Magnetic Stripe- Market Size & Forecast 2019-2030F, Thousand Units
• Others (Biometric Authentication, RFID) - Market Size & Forecast 2019-2030F, Thousand Units
• By End User
• Banking, Financial Services and Insurance (BFSI)- Market Size & Forecast 2019-2030F, Thousand Units
• Retail & E-Commerce- Market Size & Forecast 2019-2030F, Thousand Units
• Travel and Hospitality Companies- Market Size & Forecast 2019-2030F, Thousand Units

According to report, In recent years, the governments of countries like India, the UAE, etc.

Explore the Complete Global Metal Cards Market Analysis Report –

https://www.marknteladvisors.com/research-library/metal-cards-market.html

 Geographical Analysis: Global Metal Cards Market

North America

South America

Europe

The Middle East & Africa

Asia-Pacific

Global Metal Cards Market Share & Competitive Landscape:

The Metal Cards Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.

Leading Companies in the Global Metal Cards Market are:

• ICK International Inc.
• CompoSecure, L.L.C.
• Thales S.A.
• Idemia Group
• CPI Card Group Inc.
• Goldpac Fintech
• Biosmart
• Giesecke+Devrient GmbH
• Shanghai RSID Solutions Co. Ltd.
• Amatech Global
• Carbon Coskins
• Fiserv Inc.
• Switzer Mfg
• Thames Technology (Paragon ID)
• Tag Systems UK Limited

Global Metal Cards Market Industry Recent Development:

• 2023: CompoSecure, L.L.C., the company, launched a new range of innovative metal cards, including LED cards, for financial institutions like banks across the globe. These cards light up with LEDs when a contactless transaction takes place.

Other reports:

Questions Addressed in this Study

1.What factors are driving the Global Metal Cards Market growth?

2.How is the Global Metal Cards Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Global Metal Cards Market?

4.What is the current size of the Global Metal Cards Market, and how is it projected to change in the future?

6.What is the future outlook for the Global Metal Cards Market in terms of technological advancements and market expansion?

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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