Press release
Global Digital Coupons Market Is Expected To Cross The Value Of US$ 29.7 Bn By The End Of 2031
Transparency Market Research delivers key insights on the global digital coupons market. In terms of revenue, the global digital coupons market is estimated to expand at a CAGR of 18.6% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global digital coupons market.Digital coupons are electronic coupons, similar to paper coupons. Digital coupons are offers, discounts, and promotions offered by an online store to customers. Digital coupons are aimed at enticing a consumer to purchase at an online marketplace. These coupons can be redeemed online and offline. Coupon campaigns were first time launched by Coca Cola in 1887. With the rapid change in technology, including Internet and online shopping, coupons have also changed, and are predominantly distributed through online channels. According to a global survey, consumers spend two hours a week hunting for the best online deals, offers, and discounts. Thus, demand for digital coupons has increased significantly. Types of digital coupons included in the report are downloadable coupons, mobile coupons, promo codes coupons, and automatic discounts coupons.
Want to know the obstructions to your company's growth in future? Request a brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=53376
In most countries across the globe, mobile phone ownership tends to vary based on different demographics, including educational level, gender, and age. Almost every person on the planet is addicted to video games, laptops, smartphones, and social media, and yet know next to nothing about them. Rise in smartphone users across the globe is majorly propelled by growing middle-class disposable income.
According to GSMA, mobile technologies and services generated US$ 4.1 Trn in economic value added (4.7% of global GDP) in 2019. This figure is expected to approach US$ 5 Trn (4.9% of GDP) by 2024, as countries benefit from increased efficiency and productivity brought about by increased use of mobile services. In the future, 5G technologies are expected to contribute US$ 2.2 Trn to the global economy.
Smartphone shipments across the globe are primarily driven by growing digitalization and high consumer demand post-lockdown. Global consumers are extensively adopting 5G smartphones even before the launch of next-gen broadband technology in the country. Rise in smartphone users and high Internet penetration due to availability of cheap internet are a few of the many reasons that boost online sales.
Growing digitization, rising number of online sales channels, and increasing penetration of smartphones, tablets, and computers are key factors driving the digital coupons market. Additionally, various sectors are increasingly adopting digitized operations and accounting operations due to extensive lockdowns. This, in turn, increases the demand for digital coupons to maintain operations. Hence, growing adoption of digital coupons in the food & beverage and healthcare & beauty sectors is expected to propel the market during the forecast period.
Looking For Regional Analysis or Competitive Landscape in This Market, Ask For A Customized Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=53376
North America is a hub for new technologies and innovation. North America held a dominant share of the global digital coupons market in 2020 due to extensive usage of digital coupons to cater to new digital shopping standards. Moreover, increasing adoption of cloud-based solutions is expected to boost the market. Several new entrants and start-ups have entered the market due to increasing demand for cost-effective digital coupons.
Asia Pacific follows North America, in terms of share of revenue, of the global digital coupons market. Increase in use of mobile coupons in the region is expected to boost adoption of digital transformation in the near future to achieve top-line growth, process digitalization, and for performance management. Rapid adoption of cloud technology has been witnessed in Asia Pacific in the past few years. In the region, large enterprises are expected to adopt digital coupons solutions at a higher rate during the forecast period. Europe offers significant opportunities in the digital coupons market as per the current market scenario. The mobile coupons segment held a major share of the digital coupons market in 2020. It is likely to maintain its dominant position during the forecast period. South America and MEA are expected to be lucrative regions for the global digital coupons market during the forecast period.
How Digital Coupons Market Will Recover After Covid19? @ https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=53376
Key players operating in the global digital coupons market are Coupons.com, Groupon, Inc., The Kroger Co., ShopAtHome.com, Savings.com, Inc., Hip2Save.com - Hip Happenings, LLC, JustSave Foods, Payless, Ulta Beauty, Inc., Coupon Dunia, Amazon.com Inc., Flipkart Private Limited, Quotient Technology Inc., RetailMeNot Inc., Slickdeals, LLC, etc.
Browse Latest IT & Telecom Industry Research Reports by TMR
Digital Lending Platform Market- https://www.transparencymarketresearch.com/digital-lending-platform-market.html
Core Banking Solutions Market- https://www.transparencymarketresearch.com/core-banking-solutions-market.html
Fintech Market - https://www.transparencymarketresearch.com/fintech-market.html
Enterprise Mobility Market - https://www.transparencymarketresearch.com/enterprise-mobility-market.html
Smart Home Market - https://www.transparencymarketresearch.com/smart-homes-market.html
Physical Security Market - https://www.transparencymarketresearch.com/physical-security-market.html
Peer-to-Peer Lending Market - https://www.transparencymarketresearch.com/peer-to-peer-lending-market.html
Manufacturing Execution System (MES) Market - https://www.transparencymarketresearch.com/manufacturing-execution-systems.html
About Transparency Market Research:
Transparency Market Research is a Global Market Research Report company providing business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us:
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Digital Coupons Market Is Expected To Cross The Value Of US$ 29.7 Bn By The End Of 2031 here
News-ID: 2654829 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for Transparency
Transparency Market Research
A belt drive is a type of power transmission device which is a looped belt wound around a pair of pulley so as to transmit power between two or more rotating shafts. Compared to other power transmitting devices, belt drives are more preferred in mechanical industry due to easy installation, numerous speed ratio selections, less power loss and comparative low price. Belt drive protects the rotating machinery from overload fluctuations…
Transparency Market Research
An ultrasonic motor is an electric motor which is driven by the ultrasonic vibration of a component. The stator of the motor is supported by piezoelectric components in ultrasonic frequency range which produces different types of vibrations depending on its arrangement. In other words, ultrasonic motor is a type of electric motor that transforms ultrasonic physical vibrations to linear motion, produced by a piezo-transducer. Ultrasonic motors therefore do not use…
Transparency Market Research
The global Li-Fi market is expected to exhibit growth at a robust pace between 2016 and 2023. Massive bandwidth owing to the growing RF spectrum crunch, together with a high degree of security and energy efficiency are expected to bolster the global Li-Fi market.
While the features offered by Li-Fi and visible light communications (VLC) are quite similar, unlike the latter, Li-Fi does not require line-of-sight between receiver and transmitter. The…
Transparency Market Research
A new research report published by Transparency Market Research states that the global dental bone graft substitutes and other biomaterials market is expected to grow due to the continuous rise in periodontal (gum) diseases along with growing incidence of dental fractures. The report, titled “Dental Bone Graft Substitutes and other Biomaterials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, is available for sale on…
eProcurement: Instant Transparency
ifm Achieves Better Prices in Indirect Procurement with JAGGAER solution
Vienna | Research Triangle, NC, USA | Essen, August 09, 2017 – ifm, the specialist for sensors in automation technology, has said goodbye to manual processing in indirect procurement once and for all. With the eProcurement digital procurement tool from JAGGAER, provider of the world’s most comprehensive Source to Pay (S2P) indirect and direct solution suite, more than 6000 employees…
More transparency in Engineering IT
CPO certification helps evaluate openness of IT systems
Digitalization is making openness in the linking of IT solutions increasingly important. The Code of PLM Openness (CPO), developed by the ProSTEP iViP Association, supplies a concrete approach for achieving precisely that. Fraunhofer IAO has now developed an effective certification for companies, which helps them comply with the CPO criteria.
Industrie 4.0 requires intensified collaboration between various tools and systems. Only when…
