Saudi Arabia Cards & Payments Market to Witness 8.40% CAGR Boom Through 2024-30 – Latest MarkNtel Advisors Report
Market Overview: Saudi Arabia Cards & Payments Market
MarkNtel Advisors, a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on the Saudi Arabia Cards & Payments Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.
Saudi Arabia Cards & Payments Market Insights 2024-30
The Saudi Arabia Cards & Payments Market is projected to grow at a CAGR of around 8.40% during the forecast period, i.e., 2024-30.
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Top Players in the Saudi Arabia Cards & Payments Market:
- Saudi National Bank SNB
- The Al Rajhi Bank
- Alawwal Bank
- Banque Saudi Fransi
- Riyad Bank
- Arab National Bank
- Bank Al Jazira
- Bank Al Bilad
- Saudi Investment Bank
- Alinma Bank
Segmentation Analysis of Saudi Arabia Cards & Payments Market
Saudi Arabia Cards & Payments Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2024-30, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
-By Application
- Food & Groceries
- Health & Pharmacies
- Travel & Tourism
- Hospitality
Among them, travel & tourism witnessed significant growth in the historical years since the transaction of money during international tours is only possible through limited means. Consequently, consumers prefer to use cards during travel. The cards offer seamless transactions even outside the country, offer convenience to the consumers, and save time for currency exchange, therefore travelers use cards for payment.
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-By Type of Cards
- Debit Cards
- Fleet/Fuel Cards
- ATM Cards
- Prepaid Cards
- Credit Cards
-By Type of Payment Instrument
- Cards
- Mobile Wallets
- Credit Transfers
- Cash
- Debit Cards
- Checks
-By Type of Payments
- B2B
- B2C
- C2C
- C2B
-By Transaction Type
- Domestic
- Foreign
-By Institution Type
- Financial
- Non-Financial
A Comprehensive Geographical Analysis:
-By Region
- Central
- East
- West
- South
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MarkNtel Advisors is a leading market research company, 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 18.40 diverse industrial verticals.
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