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WHITE PAPER

Manufacturing:

 the machine of the middle market

This playbook is your guide to finding success in the manufacturing sector, a vertical that presents a huge opportunity for commercial card spend. The estimated cardable spend across middle market manufacturing is $520 billion, but low penetration means latest commercial card spend stands at $85 billion a year — with that figure expected to rise to $127 billion by 2026.3 Compound annual growth rate (CAGR) between 2022 and 2026 is forecast at 15%, making the entire vertical a valuable opportunity for financial institutions.

Download the white paper to learn more.

 

Mid-Market White Paper Mockup
  1. RSM International, RSM US Middle Market Business Index Special Report: Cybersecurity 2024.
  2. For more background and the full research methodology, see the Mastercard white paper, Lower middle market businesses are a big opportunity
  3. Addressable market size as of 2022, the latest year for which data is available.