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Gift Cards Market Analysis by Top Key Players First Data Corporation, Qwikcilver Solutions Pvt. Ltd., National Gift Card Corp., Blackhawk Network Holdings, Inc., Plastek Card Solutions

01-14-2019 05:29 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Big Market Research

Gift Cards

Gift Cards

A gift card is a stored value card that is utilized as an alternative for money at a particular store or business for purchases related to goods or services. Gift cards are also known as gift certificate, gift voucher, gift token, and others, which are generally issued by a retailer or bank as a developmental strategy used for promoting a particular function. These cards can be used at a selected outlet or group outlets depending on the issuing authority.

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The study report titled Global Gift Cards Market offers an in-depth analysis of this market across the globe. The study, aimed at providing current and prospect players in this market sharp insights to gain the advantage over their competitors. The report does so by providing an executive summary including all valuable market figures and exploring the favorable factors that are expected to drive the growth rate of the market, besides taking account of the restraining factors.

By Market Players: First Data Corporation, Qwikcilver Solutions Pvt. Ltd., National Gift Card Corp., Blackhawk Network Holdings, Inc., Plastek Card Solutions, Inc., Duracard, DOCUMAX INC., Vantiv, TenderCard, TransGate Solutions

The global gift cards market was valued at $679,743 million in 2016, and is projected to reach $3,003,320 million by 2023, growing at a CAGR of 24.0% from 2017 to 2023.

The gift cards market is expected to experience significant growth during the forecast period, owing to technological innovation in product offerings, increase in application areas among end users, increased market for prepaid cards, rise in need for advanced promotional strategies, high adoption rate of smartphones, growth associated with e-commerce and m-commerce industry, increased spending capacity of consumers, and flexibility associated with ease of use feature drive the global gift cards market.

Moreover, increase in popularity of these cards during traveling abroad are expected to boost the gift cards market growth in the future. However, diverse types of fees associated with card transaction and dearth of security measures as compared to credit or debit cards are major restraints that hinder the growth of the market.

KEY BENEFITS FOR STAKEHOLDERS:
• This report provides an overview of the trends, structure, drivers, challenges, and opportunities in the global gift cards market.
• Porter’s Five Forces analysis highlights the potential of buyers & suppliers, and provides insights on the competitive structure of the market to determine the investment pockets.
• Current and future trends adopted by the key market players are highlighted to determine overall competitiveness.
• The quantitative analysis of the gift cards market growth from 2017 to 2023 is provided to elaborate the market potential.

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Table of Content
Chapter 1 Introduction
1.1. Report Description
1.2. Key Benefits
1.3. Key Market Segments
1.4. Key Market Segmentation
1.5. Research Methodology
1.5.1. Secondary Research
1.5.2. Primary Research
1.5.3. Analyst Tools And Models
Chapter 2 Executive Summary
2.1. Cxo Perspective
Chapter 3 Market Overview
3.1. Market Definition And Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.2.3. Top Winning Strategies
3.3. Porters Five Forces Analysis
3.3.1. Low Bargaining Power Of Suppliers
3.3.2. Low Bargaining Power Of Buyers
3.3.3. Moderate-To-High Threat Of Substitutes
3.3.4. High Threat Of New Entrants
3.3.5. Moderate-To-High Competitive Rivalry
3.4. Key Player Positioning, 2016 (%)
3.5. Market Dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
Chapter 4 Global Gift Cards Market, By Type
4.1. Overview
4.2. Open Loop
4.2.1. Key Market Trends
4.2.2. Key Growth Factors And Opportunities
4.2.3. Market Size And Forecast
4.3. Closed Loop
4.3.1. Key Market Trends
4.3.2. Key Growth Factors And Opportunities
4.3.3. Market Size And Forecast
Chapter 5 Global Gift Cards Market, By Industry Vertical
5.1. Overview
5.2. Retail
5.2.1. Key Market Trends
5.2.2. Key Growth Factors And Opportunities
5.2.3. Market Size And Forecast
5.3. Corporate Institutions
5.3.1. Key Market Trends
5.3.2. Key Growth Factors And Opportunities
5.3.3. Market Size And Forecast
Chapter 6 Gift Cards Market, By Region
6.1. Overview

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