In 2023, the number of cards with a cash function per inhabitant in the US stood at 3.05. Starting from 2024, this number is forecasted to gradually increase, reaching 3.10 by 2028. The year-on-year growth is modest, averaging around 0.33% per year, with a compound annual growth rate (CAGR) of about 0.33% over the five-year period from 2024 to 2028.

Future trends to watch for:

Increasing adoption of digital payment solutions that may influence traditional card usage.
Evolving consumer behaviors towards cashless transactions.
Technological advancements in card functionalities.
Potential regulatory changes impacting the payments landscape.