Gift Cards Market Growth Projections, Investment Opportunities and Challenges 2020-2027 | American Express Company, Blackhawk Network Holdings, Inc., Fiserv, Inc., Givex Corp

As per the report published by Allied Market Research, titled, “Gift Cards Market by Card Type (Closed-Loop Card and Open-Loop Card) and End User (Retail Establishment and Corporate Institutions): Global Opportunity Analysis and Industry Forecast, 2020–2027,” the global Gift Cards Market is expected to exhibit a significant growth rate in between 2020-2027.

The report provides an in-depth analysis of the global Gift Cards Market, along with all the vital aspects including hey determinants, threats, top investment pockets, and recent market trends and forecasts to help the market players in formulating the long term lucrative strategies.

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KEY BENEFITS OF THE REPORT:

• This study provides the analytical representation of the insights based on the global Gift Cards Market along with the recent market trends as well as future predictions to determine the impending investment pockets.
• The report offers a detailed analyses of the major drivers, restraints, and opportunities along with a study of their in-depth impact on the Gift Cards Market.
• The current forecast of the Gift Cards Market is analysed quantitatively from 2020 to 2027 to target the financial competency.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the Vibration Monitoring Market.
• The market size is determined to understand the profitable trends to gain a stronger foothold.
• The report provides the Gift Cards Market trends and market share of key vendors.

KEY MARKET PLAYERS:

Amazon.com, Inc., American Express Company, Blackhawk Network Holdings, Inc., Fiserv, Inc., Givex Corporation, InComm Payments, PayPal, Inc., Paytronix Systems, Inc., Qwikcilver Solutions Pvt Ltd., and Walmart Inc.

The report offers a business outline coupled with financial analysis and portfolio analysis of services and products. Furthermore, it includes the latest advancements, information, and news based on acquisitions and mergers, business expansions, new growth strategies, collaborations, latest product launches, and recent developments to provide a better understanding and insights of the industry to the existing as well as new entrants in the market. This information also helps the market players to make strategic decisions to remain competitive in the market, throughout. Moreover, the report also provides the top market players that are ruling the market.

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KEY SEGMENTATION

The Gift Cards Market is studied on the basis of different segments including type, applications, and region. This makes the study well organized and resourceful along with promoting easy understanding. The report a comprehensive data based on each segment of the Gift Cards Market.

The market is analyzed on the basis of its regional penetration, along with covering the performance of the market in each geographic regions in the provinces including North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

COVID_19 Scenarios:

The outbreak of covid-19 has considerably affected the Gift Cards Market. The lockdown restrictions issued by government bodies based on WHO guidelines have impacted the market by suspending manufacturing processes. Furthermore, issues such as disruption in supply chain and shortage of raw materials further acted as barriers. All these factors have constrained the growth of the market.

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CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping gift cards industry/market
3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Rise in demand for advanced payment solutions
3.4.1.2.High adoption rate of smartphones
3.4.1.3.Increase in demand for innovative products

3.4.2.Restraint

3.4.2.1.Lack of security

3.4.3.Opportunity

3.4.3.1.Surge in demand for gift cards from developing countries

3.1.COVID-19 impact analysis on gift cards market

3.1.1.Impact on gift card market size
3.1.2.Change in consumer trends, preferences, and budget impact due to COVID-19
3.1.3.Framework for solving market challenges faced by gift cards solution providers
3.1.4.Economic impact on gift cards solution providers
3.1.5.Key player strategies to tackle the negative impact
3.1.6.Opportunity window analysis for gift cards solution providers

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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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