Credit Cards in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the South Korea credit cards market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The credit cards profile covers the consumer credit market.
The South Korean credit cards market had total balances outstanding of $60.0bn in 2016, representing a compound annual growth rate (CAGR) of 4.8% between 2012 and 2016.
South Korea is determined to become a cashless society, exclusively using T-Money and other electronic payment cards.
The South Korean government is anxious to maintain control over household debt, as South Korea's household debt-GDP ratio is the highest among emerging markets.
Save time carrying out entry-level research by identifying the size, growth, and leading players in the credit cards market in South Korea
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the credit cards market in South Korea
Leading company profiles reveal details of key credit cards market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the South Korea credit cards market with five year forecasts
Reasons to buy
What was the size of the South Korea credit cards market by value in 2016?
What will be the size of the South Korea credit cards market in 2021?
What factors are affecting the strength of competition in the South Korea credit cards market?
How has the market performed over the last five years?
How large is South Korea’s credit cards market in relation to its regional counterparts?