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Expert's Opinion

Transactional Cards Market to Grow by 10.5 Percent from 2014 to 2019

Shows global move towards IC chip-enabled cards.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

The transactional card market is forecast to grow at an average annual growth rate of 10.5% in market value terms between 2014 and 2019. The total number of units for the transactional market is set to grow at an average annual growth rate of 5.3% for total units to 2019. Clearly, market value growth is outpacing unit growth, indicating an increase in unit value triggered by the global move towards IC chip-enabled cards.   The overall unit volume of transactional cards covered in our report, “...

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