Home News
News Tech
Fuel Card Market to Register Unwavering Growth During to 2027 By Zaraki Kenpachi - August 20, 2021
193
According to a new market report published by Transparency Market Research on the global fuel card market for the forecast period of 2019–2027, the fuel card market is expected to reach a value of ~US$ 55 Bn by 2027. Global Fuel Card Market: Overview The global fuel card market was valued at ~US$ 33 Bn in 2018, and is expected to expand at a CAGR of ~6% from 2019 to 2027. The market is expanding significantly in terms of size and value. The standard card technology segment is dominating the global fuel card market. The fuel card market in Asia Pacific is growing rapidly. Growing disposable income is driving people to opt for technologicallyadvanced cards to save on fuel expenses. Moreover, increasing of government initiatives in developing countries for the development of the corporate sector are driving the growth of the corporate fuel card market. Europe is the largest regional market in the global fuel card market, accounting for ~38% share of the global fuel card market in 2018. North America has the second largest number of fuel card users, as a result of attractive offers by key companies and supportive government initiatives toward cashless transactions. Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=32990 Fuel Card Market: Driving Factors
0