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Credit Card Market in Israel: Report Highlights
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A new report by Mordor Intelligence reveals that the credit card market in Israel is expected to reach USD 215.04 billion by 2029, growing at a CAGR of 8.59% from 2024 to 2029.
Market Size and Growth
- The market size of the Israel credit cards market was estimated at USD 142.44 billion in 2024.
- Isracard, Leumi Bank, CAL (Israel Credit Cards Ltd.), American Express, and Israel Discount Bank are among the major companies operating in the market.
- Visa and MasterCard are the leading providers in the market, followed by other providers.
Market Dynamics and Insights
The report highlights several factors driving the growth of the credit card market in Israel, including:
- Increasing usage of credit cards for bonus and reward points
- Regulatory trends
- Technological advancements
- Inflation rates
Competitive Landscape
The report profiles major players in the Israel credit cards market, providing an overview of their:
- Market concentration
- Company profiles
- Market share
Market Opportunities and Future Trends
The report identifies opportunities for growth in the market, including:
- Increasing adoption of digital payments
- Rise of e-commerce
- Growing demand for financial inclusion
It also highlights future trends shaping the industry, such as:
- Impact of artificial intelligence on credit card transactions
Customization Options
Mordor Intelligence offers customization options to tailor the report to specific client needs. Contact us to learn more about how we can help you with your research requirements.
Get a Sample of the Report
Download a free sample PDF report to gain insights into the Israel credit cards market and its future prospects.
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