In 2023, the number of cards with a credit function in Switzerland stood at 7.25 million units. Forecast values indicate a steady annual increase: 7.33 million units in 2024, 7.41 million in 2025, 7.49 million in 2026, 7.57 million in 2027, and 7.65 million in 2028. Year-on-year variation from 2024 to 2028 consistently hovers around 1.09%.
Future trends to watch:
- Rising digital payment adoption could drive further growth in credit card issuance.
- Evolving fintech solutions offering alternative credit functions might impact traditional credit card usage.
- Changes in consumer spending behavior and regulatory environment could influence market dynamics.