Market Overview:
The global instant issuance market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for instant issuance services by financial institutions and consumers across the globe. In addition, the growing trend of digital payments is also contributing to the growth of this market. The global instant issuance market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into device-based and software-based instant issuance solutions. The device-based segment is expected to hold a major share in this market owing to its ability to provide real-time printing capabilities for cards such as debit cards and credit cards. By application, it can be classified into debit cards, credit cards, prepaid cards, loyalty programs & giftcards etc. Regionally speaking; North America accounted for largest share in 2017 followed by Europe due rising demand from both commercial as well as retail sectors in these regions respectively .
Product Definition:
Instant Issuance is the ability to issue a new credit card and send it to the customer within minutes. Instant Issuance is important because it allows customers to get their new cards faster, which can help them avoid missed payments or other financial problems.
Device:
The global device is a digital or virtual tool that facilitates the recording, creation, management and protection of an individual's digital signature. The device also helps in secure communication as well as prevents frauds and counterfeiting.
The major drivers for the growth of this market are increasing demand for instant issuing solutions coupled with growing adoption rate of e-signatures across various industry verticals such as BFSI & Insurance, Healthcare & Life Sciences among others.
Software:
Software is used in instant issuing market to carry out the transaction. It helps in managing the database, maintaining records of issued and canceled checks, generating reports and allowing users to search for information. The software also provides a graphical user interface that allows users to perform various functions such as entering data into fields or selecting options from drop-down menus.
The software can be used by individuals or businesses for creating their own customized invoices.
Application Insights:
The debit cards segment dominated the global instant issuance market in 2017. The growth of this segment can be attributed to the increasing use of electronic banking and payment systems across the globe. According to a study conducted by ATM Industry Association (AIA), there were more than 5,000 million active cash deposit accounts and 2,500 million credit/debit cardholders in 2016 globally. Furthermore, according to data published by Visa Europe regarding Prepaid Card Use in 2015, it was observed that around 40% of European consumers have used prepaid cards at least once during 2014-2015 years. These factors indicate a significant increase in demand for instant issue debit cards worldwide which is expected to boost revenue generation for this segment over the forecast period.
Regional Analysis:
North America dominated the global instant issuance market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing adoption of digital payment technologies and presence of prominent players in the region. Moreover, growing preference for plastic money due to benefits it offers such as ease of use, mobility, and protection from cyber-attacks is also driving growth in this region. Asia Pacific on the other hand is anticipated to grow at a lucrative rate over the forecast period owing to increasing government initiatives promoting digital payments coupled with rising smartphone penetration rates across countries like India and China among others are some factors that can be attributed for rapid growth in this regional market space. Furthermore, favorable regulatory frameworks aimed at promoting financial inclusion are expected drive growth further on account of increased usage by small & medium enterprises (SMEs).
Growth Factors:
- Increased demand for instant issuance due to the increase in mobile payments and contactless payments.
- The growth of e-commerce and m-commerce, which has led to a rise in the need for fast and convenient payment methods.
- The increasing popularity of loyalty programs, which drives the demand for instant issuance cards that can be used to redeem rewards quickly and easily.
- The rising number of millennials who are looking for faster, more convenient ways to pay for goods and services.
- The growing trend towards card-not-present transactions, which is driving the need for instant issuance cards that can be used online or over the phone
Scope Of The Report
Report Attributes
Report Details
Report Title
Instant Issuance Market Research Report
By Type
Device, Software
By Application
Debit Cards, Credit Cards
By Companies
Thales, Entrust Corporation, NBS Technologies, Giesecke+Devrient GmbH, IDEMIA, Matica, Evolis, Fiserv, Inc, HID Global, Future Card Ind. L.L.C., Harland Clarke Corp, ABCorp CCS.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Instant Issuance Market Report Segments:
The global Instant Issuance market is segmented on the basis of:
Types
Device, Software
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Debit Cards, Credit Cards
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thales
- Entrust Corporation
- NBS Technologies
- Giesecke+Devrient GmbH
- IDEMIA
- Matica
- Evolis
- Fiserv, Inc
- HID Global
- Future Card Ind. L.L.C.
- Harland Clarke Corp
- ABCorp CCS.
Highlights of The Instant Issuance Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Device
- Software
- By Application:
- Debit Cards
- Credit Cards
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Instant Issuance Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Instant issuance is a process by which a company can issue new shares of stock without having to wait for the approval of the SEC. The company files an application with the SEC and pays a fee. The shares are then issued immediately, subject to any applicable waiting periods.
Some of the key players operating in the instant issuance market are Thales, Entrust Corporation, NBS Technologies, Giesecke+Devrient GmbH, IDEMIA, Matica, Evolis, Fiserv, Inc, HID Global, Future Card Ind. L.L.C., Harland Clarke Corp, ABCorp CCS..
The instant issuance market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Instant Issuance Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Instant Issuance Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Instant Issuance Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Instant Issuance Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Instant Issuance Market Size & Forecast, 2018-2028
4.5.1 Instant Issuance Market Size and Y-o-Y Growth
4.5.2 Instant Issuance Market Absolute $ Opportunity
Chapter 5 Global Instant Issuance Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Instant Issuance Market Size Forecast by Type
5.2.1 Device
5.2.2 Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Instant Issuance Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Instant Issuance Market Size Forecast by Applications
6.2.1 Debit Cards
6.2.2 Credit Cards
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Instant Issuance Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Instant Issuance Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Instant Issuance Analysis and Forecast
9.1 Introduction
9.2 North America Instant Issuance Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Instant Issuance Market Size Forecast by Type
9.6.1 Device
9.6.2 Software
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Instant Issuance Market Size Forecast by Applications
9.10.1 Debit Cards
9.10.2 Credit Cards
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Instant Issuance Analysis and Forecast
10.1 Introduction
10.2 Europe Instant Issuance Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Instant Issuance Market Size Forecast by Type
10.6.1 Device
10.6.2 Software
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Instant Issuance Market Size Forecast by Applications
10.10.1 Debit Cards
10.10.2 Credit Cards
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Instant Issuance Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Instant Issuance Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Instant Issuance Market Size Forecast by Type
11.6.1 Device
11.6.2 Software
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Instant Issuance Market Size Forecast by Applications
11.10.1 Debit Cards
11.10.2 Credit Cards
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Instant Issuance Analysis and Forecast
12.1 Introduction
12.2 Latin America Instant Issuance Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Instant Issuance Market Size Forecast by Type
12.6.1 Device
12.6.2 Software
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Instant Issuance Market Size Forecast by Applications
12.10.1 Debit Cards
12.10.2 Credit Cards
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Instant Issuance Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Instant Issuance Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Instant Issuance Market Size Forecast by Type
13.6.1 Device
13.6.2 Software
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Instant Issuance Market Size Forecast by Applications
13.10.1 Debit Cards
13.10.2 Credit Cards
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Instant Issuance Market: Competitive Dashboard
14.2 Global Instant Issuance Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thales
14.3.2 Entrust Corporation
14.3.3 NBS Technologies
14.3.4 Giesecke+Devrient GmbH
14.3.5 IDEMIA
14.3.6 Matica
14.3.7 Evolis
14.3.8 Fiserv, Inc
14.3.9 HID Global
14.3.10 Future Card Ind. L.L.C.
14.3.11 Harland Clarke Corp
14.3.12 ABCorp CCS.
