The number of cards with a debit function per inhabitant in Sweden in 2024 is set at 1.08, consistent through to 2028. This forecast shows no change from 2023, marking a stagnation in growth year-on-year. Over the last two years and the upcoming five-year forecast, no variation in percentage is observed. This flat trend reflects a saturated market with a consistent lack of new entrant growth or user expansion within this period.
Future trends to watch for include the potential impact of emerging digital payment technologies, which might reduce reliance on physical debit cards, and any demographic shifts or economic factors that could influence consumer behavior towards debit card usage.
