Digital Gift card Market Share, Worth Report, Research Analysis, Top Companies Insights & Analysis Report 2020-2027

Digital gift cards, also referred as e-gift cards, vouchers, and gift certificates, are the electronic versions of regular gift cards which are generally issued by retailers. These cards operate by using gift codes offered by retailers & it can be delivered via e-mails or mobile-based applications. These are basically offered by merchant establishment, banks, and big organization of a particular product/ service in the form of a festival offer. 

The increase in penetration of smartphones along with the affordable data plans has raised the adoption of m-Commerce is expected to boost the global digital gift card market growth. Consumers are rapidly downloading the mobile apps like Amazon, Flipkart, and eBay for online shopping as it offers the ability to browse more quickly & easily make purchases on-the-go will increase the number of consumers using online purchases which expected to drive the market growth of digital gift cards during this forecast period.

Request Sample Report @ https://qualiketresearch.com/request-sample/Digital-Gift-card-Market/request-sample

The increasing popularity of e-commerce that allow the users to gift cards easily & exploring more products with easy purchases is anticipated to propel the market growth. Also, online payment provides consumers to choose between digital & physical gift cards during online purchases. Easy purchasing option for card online is another major driving factor which expected to fuel the digital gift card market growth. The increase in number of social media platform like Facebook, Instagram, and Pinterest, where users can sell products directly to customers via their social media account, without need of third-party and some media platforms have also started selling gift cards. This factor is estimated to create lucrative growth opportunity to the market of the digital gift card.   

The increase in fraud cases around the world are expected to hinder the global digital gift card market growth. Digital gift card fraud composed of cloning and programming errors at the merchant end & other scams like “Card Not Present” scam is also prevalent, where cybercriminals record the numbers on the card and keep the track on cards whether it has been activated & once the card is activated, the thief can easily use the card number illegally to make purchases.



Global Digital Gift card Market Segmentation

The Global Digital Gift card Market is segmented into card type such as Open loop gift card, and Closed loop gift card, by business type such as Business to Business, and Business to Consumer, by application such as Food & Beverage, Health, Wellness, and Beauty, Apparel, Foot Wear and Accessories, Books and Media Products, Consumer Electronics, Restaurants & Bars, Kids Products, and Others. Further, market is segmented into end user such as Retail & Corporate.

Also, the Global Digital Gift card Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. 

Market Key Players

Various key players are listed in this report such as Amazon.com Inc., American Express Company, Blackhawk Network Holdings Inc., First Data Corporation, Fiserv Inc., Givex Corporation, InComm Inc., Paytronix Systems Inc., Qwikcilver Solutions Pvt Ltd (Pine Labs), Adobe Systems Inc., etc.

Market Taxonomy

By Card Type

·         Open loop gift card

·         Closed loop gift card

By Business Type

·         Business to Business

·         Business to Consumer

By Application 

·         Food & Beverage

·         Health, Wellness, and Beauty

·         Apparel, Foot Wear and Accessories

·         Books and Media Products

·         Consumer Electronics

·         Restaurants & Bars

·         Kids Products

·         Others

By End User

·         Retail

·         Corporate 

By Region

·         North America

·         Latin America

·         Europe

·         Asia Pacific

·         Middle East & Africa

Browse Full This Report @ https://qualiketresearch.com/reports-details/Digital-Gift-card-Market

About Us

QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which help our clients outperform their competition.

Comments

Post a Comment

Popular posts from this blog

Unlocking Excellence: Discovering the Best School in Jhunjhunu City

Image
  Introduction Jhunjhunu City, a cultural hub in the heart of Rajasthan, beckons parents on a journey to unlock excellence in education. In this exploration, we navigate the educational landscape to guide you in discovering the best school in Jhunjhunu City for your child. Academic Excellence: The Foundation of Brilliance To unlock excellence, we start with academic achievements. The best schools in Jhunjhunu City boast stellar academic records, providing a foundation that fosters a love for learning and critical thinking skills. Infrastructure and Facilities: Beyond the Ordinary Unlocking excellence goes beyond textbooks. State-of-the-art infrastructure and cutting-edge facilities contribute to a holistic learning environment, ensuring students receive an education that extends beyond the ordinary. Extracurricular Activities: Shaping Well-Rounded Individuals Excellence is not confined to academics alone. We explore how the best schools in Jhunjhunu City offer a spectrum of extrac...
Read more

Global Blister Packaging Equipment Market to Grow by CAGR of ~3% During 2023 – 2033

  Research Nester published a report titled “ Blister Packaging Equipment Market : Global Demand Analysis & Opportunity Outlook 2033 ” which delivers a detailed overview of the global blister packaging equipment market in terms of market segmentation by type, equipment type, technology, material, end-user, and by region. Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, and supply and demand risk, along with a detailed discussion of current and future market trends that are associated with the growth of the market. The global blister packaging equipment market is projected to grow at a CAGR of ~3% by attaining revenue ~USD 40 billion during the forecast period, i.e., 2023 – 2033. Factors such as, rising demand in the pharmaceutical industry and increasing sales of packed toys are anticipated to propel the growth of the market during the forecast period. As of 2021, toy sales worldwide are estimated to be about USD 100 b...
Read more

Global Smart Connected Diapers Market to Grow on Account of Increasing Geriatric and Newborn Population; Market to Grow with a CAGR of 14.0% During 2021-2030

  Kenneth Research has released a report titled “ Smart Connected Diapers Market : Global Demand Analysis & Opportunity Outlook 2030 ” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market. In the year 2020, the population aged 65 and above as a share of total population, according to the statistics by the World Bank, touched 9.321%. This was an increase from 7.567% in the year 2010. Additionally, in one of the statistics by the Central Intelligence Agency (CIA), the birth rate in South Africa, Afghanistan, Pakistan, India, and the United States registered to 18.89, 36.08, 26.95, 17.88, and 12.33 births/1000 population respectively in the year 2021. Request Sample report @ https://www.kennethresearch.com/sample-request-10352353 The s...
Read more