Gift Card Market Trends, Demand, Scope & forecast to 2027 focusing key players: First Data, Qwikcilver Solutions Pvt Ltd., NGC US, LLC

“Gift Card Market by 2020-2027” research report provides market data for several segments such as technologies, services and applications across many geographical areas. Gift Card Market research analysis performed in this report hopefully lends a hand to businesses for the strategy planning related to production, costing, inventory, purchasing and marketing. The report highlights the key players and manufacturers and the latest strategies including new product launches, partnerships, joint ventures, technology, segmentation in terms of region and industry competition, profit and loss ratio and investment ideas.

The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; emergency declared in many countries; massive slowing of the supply chain; stock market unpredictability; falling business assurance, growing panic among the population, and uncertainty about future.

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to Avail deep insights of Gift Card Market Size, competition landscape is provided i.e. Revenue Analysis (M $US) by Company (2017-2019), Segment Revenue Market Share (%) by Players (2017-2019) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.

Top Key Players Included in This Report: First Data, Qwikcilver Solutions Pvt Ltd., NGC US, LLC., Blackhawk Network Holdings, Plastek Card Solutions, Inc., Duracard, TenderCard, TransGate Solutions, Buyatab, Apple Inc., Basic Visual Id Technologies., Creative Cards & Solutions, C. M. M. Info Tech, Prime Plastic Cards., Micro Labels Private Limited., PSM Cards, among other domestic and global players.

Market Analysis and Insights: Global Gift Card Market

Gift card market will reach an estimated valuation of USD 859.2 million by 2027, while registering this growth at a rate of 14.56% for the forecast period of 2020 to 2027. Increasing adoption in retail industry is expected to create new opportunity for the market.

Gift card is a kind of a debit card which is preloaded so that cardholder can utilize it for the purchase of goods & services. They also offer options to the users so they can further add funds in them. Growing usage of gift cards as promotional tools is expected to enhance the market growth. Some of the other factors such as increasing demand from corporate sectors, rising trend of e- purchasing, increasing digitalization, growing trend of gifting culture and technological advancements are further expected to enhance the gift card market in the forecast period of 2020 to 2027.

Rising concern associated with the usage of plastics and risk associated with additional loss of money is expected to hamper the market growth in the mentioned forecast period.

Why the Gift Card Market Report is beneficial?

The Gift Card report is compiled with thorough and dynamic research methodology.
The report offers complete picture of the competitive scenario of Gift Card market.
It comprises vast amount of information about the latest technological and produce developments in the Gift Card industry.
The extensive range of analysis associates with the impact of these improvements on the future of Gift Card industry growth.
The Gift Card report has combined the required essential historical data and analysis in the comprehensive research report.
The insights in the Gift Card report can be easily understood and contains graphical representation of the figures in the form of bar graphs, statistics, and pie charts, etc.

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Conducts Overall GIFT CARD Market Segmentation:

By Functional Attribute (Open Loop, Closed Loop),

Industry Vertical (Retail, Corporate Institutions),

Merchant (Restaurants, Departmental Store, Grocery Store/Food Supermarkets, Discount Stores, Coffee Shops, Entertainment, Others),

Products (E- Gift Cards, Physical Cards)

Gift Card Market Country Level Analysis

The countries covered in the gift card market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Europe dominates the gift card market in the forecast period of 2020 to 2027 due to advancement in the payment solutions. Asia-Pacific region is expected to hold the largest growth rate due growing demand better transactional solutions in the region.

Key Focus Areas in the Report:

Gift Card Market Size and Forecast 2020 – 2027

Impact of COVID-19 on the demand and supply in the Gift Card Market

Major Developments in the Gift Card Industry

Market Dynamics Impacting the Gift Card Industry

Competitive Landscape of Gift Card Industry

The positioning of Major Market Participants in the Gift Card Industry

Key Market Trends and Future Growth Prospects of the Gift Card Market

Gift Card Market Revenue and Forecast, by Type, 2020 – 2027

Gift Card Market Revenue and Forecast, by Application, 2020 – 2027

Gift Card Market Revenue and Forecast, by End-use, 2020 – 2027

Gift Card Market Revenue and Forecast, by Geography, 2020 – 2027

Browse Table of Content with Facts and Figures of Market Report athttps://www.databridgemarketresearch.com/toc/?dbmr=global-gift-card-market

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