North America Commercial Card Market Review and Forecast, 2022-2027
- Date:December 04, 2023
- Author(s):
- Ben Danner
- Report Details: 15 pages, 6 graphics
- Research Topic(s):
- Commercial & Enterprise
- Global
- PAID CONTENT
Overview
This annual Javelin Strategy & Research report examines the North American commercial card market. It covers the United States and Canada but excludes Mexico, which is covered in the International Commercial Card Report. This regional perspective is developed based on available data from industry experts, third-party sources, and our own estimations. Javelin excludes fleet/fuel cards and small-business cards from the analysis, focusing solely on mid-size to large-market corporates, including governments.
Inflationary concerns and tighter money policies continue to affect business spending in the United States and Canada. As business-related travel and spending continue their rebound from the effects of the COVID-19 pandemic, other factors have emerged, including the increased use of virtual cards (for reasons of greater spending control and better guards against fraud).
Key questions discussed in this report:
- What are the North American trends and forecasts for commercial credit card spending?
- How will the commercial card market change over the next five years?
- How has business travel altered commercial card spending?
- What are the latest innovations in the commercial card market?
- How are virtual cards having an impact on other card products?
Companies Mentioned:
Airwallex, Amadeus, Amazon, American Express, AmTrav, Apple, Bank of America, Bank of Canada, BCD Travel, Bill.com, Billtrust, Boeing, BREX, Citi, Citizens Bank, Conferma Pay, CWT, Danaher, Deem, Deloitte, Direct Travel, Edenred, Egencia, Emburse, Escalent, European Central Bank, FCM, Federal Reserve, FedEx, Float, Galileo, GBTA, GEP Partners, Google, IMF, IndusInd Bank, JP Morgan Chase, Lloyd Bank, Lockheed Martin, Mastercard, Meta, Navan, Nuvei, Oracle, PaperTrl, PayEm, Ramp, RTX, Sabre, SAP Concur, Spendesk, Stripe, TravelBank, Travelport, U.S. Bank, Visa, WeWork, Wex, World Travel, ZilBank, Zip
Learn More About This Report & Javelin
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