In 2024, the forecast for the number of cards with a cash function per inhabitant in Germany stands at 1.96, up from 1.92 in 2023. The number is projected to rise steadily each year to reach 2.02 by 2028. The year-on-year growth rates are modest, with 1.02% from 2024 to 2025, and 0.51% from 2026 to 2027. From 2023 to 2028, the compound annual growth rate (CAGR) is approximately 1.02%.
Future trends to watch for include:
- Continued technological advancements in payment solutions, potentially influencing cash card usage.
- The impact of digital wallets and contactless payments on the necessity of cash functions in cards.
- Regulatory changes or economic shifts that could alter consumer behavior.
