As of 2024, the number of cards with a cash function in Germany is forecasted to steadily increase from 160.97 million units to 165.81 million units by 2028. This represents a modest yet consistent year-on-year growth, with each year seeing an increment of approximately 1% in the number of cards over the examined period. The compound annual growth rate (CAGR) over the forecast period is coherent with this trend.
Future trends to watch for include the integration of advanced technologies in cash cards, such as embedded digital payment capabilities and enhanced security features, as well as the impact of consumer behavior shifts towards digital payment methods on the demand for traditional cash function cards.
