December 23rd, 2005
Credit card market shares in 2004: Visa - 40%, Amex - 36.4%, MC - 21.3%
IDC data shows Americans spending $340 bln annually on credit cards in 2004. Visa and American Express led the market in 2004 with 40% and 36.4% market share, respectively. By 2009, Americans will spend $996 bln with credit cards, with Visa owning 48.4% of the market and MasterCard becoming #2 with 26.3%.
Alex is a software engineer in the San Francisco Bay Area. ITFacts is created and updated by a group of statistics-obsessed individuals.
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