Forecast: Number of Cards with a Payment Function per Inhabitant in Germany

In 2023, the number of cards with a payment function per inhabitant in Germany stood at 2.03. Moving forward, the forecasted values show a steady rise from 2024 to 2028. The year-over-year variation for 2024 is approximately 0.98%, and from 2025 onwards, the trend continues with an increase of about 0.97% each year.

- 2024: 2.05 (0.98% YoY from 2023)

- 2025: 2.07 (0.97% YoY)

- 2026: 2.09 (0.97% YoY)

- 2027: 2.11 (0.97% YoY)

- 2028: 2.13 (0.95% YoY)

The compound annual growth rate (CAGR) over the last five years (2023-2028) is approximately 0.97% annually.

Future Trends to Watch For:

- The adoption of digital payment methods could further accelerate, impacting the growth of payment function cards.

- Consumers' increasing preference for convenience and security in transactions may drive continuous growth.

- Technological advancements in payment systems could introduce new functionalities to these cards, fostering higher adoption rates.