Virtual Cards Market: 2025-2029

Virtual Card Transactions to Soar Globally, Exceeding $17.4 Trillion by 2029

Our Virtual Cards research suite provides a comprehensive and in-depth analysis of the role of virtual cards in the digital payments landscape; enabling stakeholders such as businesses, financial institutions, card networks and fintechs to understand future growth, key trends and the competitive environment. The report evaluates the features of virtual cards, highlights key market trends, and examines regional progress in virtual card adoption.

The suite includes several different options that can be purchased separately, including access to data mapping the future growth of virtual cards, an insightful study uncovering the latest trends and opportunities within the financial markets, and a document containing extensive analysis of the 18 market leaders facilitating virtual card provision. The coverage can also be purchased as a Full Research Suite, containing all these elements, at a substantial discount.

This report serves as an essential resource for understanding the rapidly evolving virtual cards market, empowering stakeholders to shape effective future strategies. With its comprehensive insights and extensive coverage, this research suite is an invaluable tool for navigating and planning in a fast-growing landscape.

Key Features

• Market Dynamics: Insights into key trends and market expansion challenges within the virtual cards market, including drivers and barriers for virtual card adoption. The report addresses the role of virtual cards in easing cashflow management, the use of virtual cards in eCommerce, and the distinctive benefits that virtual cards can bring to various industry segments. The research also features a Country Readiness Index on the current development and segment growth of the virtual cards market across eight key regions, as well as providing a future outlook.
• Key Takeaways & Strategic Recommendations: In-depth analysis of key development opportunities and findings within the virtual cards market, accompanied by strategic recommendations for stakeholders.
• Benchmark Industry Forecasts: The virtual cards dataset includes forecasts for the total value of the virtual card market, including the total revenue to be gained through provisioning and managing virtual cards, and the transaction volume of various market segments.
• Competitor Leaderboard: Key market player capability and capacity assessment for 18 virtual card vendors, via the Competitor Leaderboard; featuring market size for major players in the virtual card provisioning market.

Market Data & Forecasting Report

The market-leading research suite for the Virtual Cards market includes access to the full set of forecast data of 89 tables and 34,200 datapoints. Metrics in the research suite include:

• Total Transaction Volume, Value, and Revenue of the Virtual Cards Market
• Total Transaction Volume, Value and Revenue of the Virtual Cards Market, Split by the Following Market Segments:
  • B2B Payments
  • B2C POS Payments
  • B2C Remote Payments

The publisher’s Interactive Forecast Excel contains the following functionality:

• Statistics Analysis: Users benefit from the ability to search for specific metrics, displayed for all regions and countries across the data period. Graphs are easily modified and can be exported to the clipboard.
• Country Data Tool: This tool lets users look at metrics for all regions and countries in the forecast period. Users can refine the metrics displayed via a search bar.
• Country Comparison Tool: Users can select and compare specific countries. The ability to export graphs is included in this tool.
• What-if Analysis: Here, users can compare forecast metrics against their own assumptions, via five interactive scenarios.

Market Trends & Strategies Report

This report examines the Virtual Cards market landscape in depth; assessing trends and factors shaping the evolution of this rapidly growing market. The report delivers comprehensive analysis of the strategic opportunities for fintechs offering virtual cards; addressing key verticals such as government, healthcare, fleet, and travel. This report also includes evaluation of key country-level opportunities for stakeholders in the virtual cards market.

Competitor Leaderboard Report

The Competitor Leaderboard report provides a detailed evaluation and market positioning for 18 leading vendors in the virtual cards space. The vendors are positioned as established leaders, leading challengers, or disruptors and challengers, based on capacity and capability assessments:

• Adyen
• Airwallex
• American Express
• Conferma
• Discover
• Enfuce
• Flutterwave
• Fyorin
• Nexi Group
• Marqeta
• Mastercard
• Payhawk
• Pleo
• Stripe
• Visa
• Wallester
• WEX
• Wise

This document is centred around the publisher's Competitor Leaderboard; a vendor positioning tool that provides an at-a-glance view of the competitive landscape in a market, backed by a robust methodology.