Digital Gift Cards Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Digital Gift Cards Market: By Functional Attribute (Open-loop Card, Closed-loop Card), By Application (Consumer Goods, Health & Wellness, Restaurants & Bars, Travel & Tourism, Media & Entertainment), By End User (Retail, Corporate) and by Geography

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Report

Description

Digital Gift Cards Market size was  valued at USD 298.14 billion in 2021 and is expected to reach USD 818.10 billion by 2028, at a CAGR of 15.5% during the forecast period 2022-2028. A gift card is a stored value card that may be used to purchase goods and services at a specific store or company store instead of cash. Digital gift cards are frequently used as part of company development initiatives to promote enterprises, raise brand awareness, reduce fraud, and attract new clients. As a result, these cards find extensive applications across diverse sectors, including food & beverages, retail, hospitality, consumer electronics, and others. Gift cards, also known as gift certificates, gift tokens, prepaid cards, or gift vouchers, are usually issued by a shop or a bank. Furthermore, gift cards are used as a marketing tool by merchants and online enterprises to advertise their businesses, attract new customers, create brand awareness, reduce fraud, and increase sales. Moreover, a gift card can be used as a substitute for cash at a specific store or business store for purchases of goods or services. They are sometimes referred to as cash cards since they are issued by merchants and marketers as part of a marketing campaign to persuade the receiver to come in or return to the store. this report studies global Market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, The global report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global Market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). 

Digital Gift Cards Market

MARKET SUMMARY
-
15.5%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 15.5%
  • Largest Market– North-America
  • Fastest Growing Market– Europe

Digital Gift Cards Market

  • The global Digital Gift Cards Market report gives comprehensive outlook on Digital Gift Cards Market across the globe with special emphasis on key regions such as Asia Pacific, North America, Europe, Latin America, and Middle East and Africa.
  • The report on global Digital Gift Cards Market gives historical, current, and future market sizes (US$ Mn) on the basis of type, end-user and Region.
key players
  • Amazon.com, Inc.
  • Apple Inc.
  • BLACKHAWK NETWORK HOLDINGS, INC.
  • Fiserv, Inc.
  • InComm Payments
Digital Gift Cards Market

DRIVERS AND RESTRAINTS

The expansion of the worldwide gift cards industry may be fueled by an increase in demand for online shopping as a result of the increased use of smartphones. The lack of security for gift cards, on the other hand, may limit market growth during the projection period.


North-America got significant share

Digital Gift Cards Market

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Findings of the Report

  • Global Digital Gift Cards market expanding at significant CAGR over 2022 to 2028 owing to growing popularity of music streaming services.
  • Based on region, North America accounted for larger market revenue share in 2021 and projected gain market revenue share over the forecast period.
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global market.

Key

Features of the Report

Digital Gift Cards Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content


Report

Company Profile

Competition Assessment

Key player’s profiles in the global braiding machine market include:

  • Amazon.com
  • Apple
  • BLACKHAWK NETWORK HOLDINGS
  • Fiserv,
  • InComm Payments
  • Loop Commerce
  • National Gift Card Corporation
  • PayPal Holdings, Inc
  • Target Brands, Inc.
  • Walmart

Description

Digital Gift Cards Market size was  valued at USD 298.14 billion in 2021 and is expected to reach USD 818.10 billion by 2028, at a CAGR of 15.5% during the forecast period 2022-2028. A gift card is a stored value card that may be used to purchase goods and services at a specific store or company store instead of cash. Digital gift cards are frequently used as part of company development initiatives to promote enterprises, raise brand awareness, reduce fraud, and attract new clients. As a result, these cards find extensive applications across diverse sectors, including food & beverages, retail, hospitality, consumer electronics, and others. Gift cards, also known as gift certificates, gift tokens, prepaid cards, or gift vouchers, are usually issued by a shop or a bank. Furthermore, gift cards are used as a marketing tool by merchants and online enterprises to advertise their businesses, attract new customers, create brand awareness, reduce fraud, and increase sales. Moreover, a gift card can be used as a substitute for cash at a specific store or business store for purchases of goods or services. They are sometimes referred to as cash cards since they are issued by merchants and marketers as part of a marketing campaign to persuade the receiver to come in or return to the store. this report studies global Market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, The global report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global Market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). 

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