Gift Cards Market is Likely to Experience a Tremendous Growth in Near Future

HTF Market Intelligence published a new research document of 150+pages on Gift Cards Market Insights, to 2030" with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Gift Cards market was mainly driven by the increasing R&D spending by leading and emerging player, however latest scenario and economic slowdown have changed complete market dynamics.
Some of the key players profiled in the study are Givex Corporation (Canada), American Express (United States), Qwikcilver Solutions Pvt. Ltd. (India), Blackhawk Network Holdings, Inc. (United States), First Data Corporation (United States), National Gift Card Corp. (United States), Paytronix Systems, Inc. (United States), Amazon.com, Inc. (United States), InComm, Inc. (United States), Walmart (United States), Google Play (United States), Starbucks (United States)

The Global Gift Cards market was valued at USD 463436.18 Million in 2024 and is expected to reach USD 583650.06 Million by 2030, growing at a CAGR of 10.2 % during 2024-2030.

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Definition: Gift cards also known as a gift voucher or gift token is prepaid stored-value money cards issued by a retailer or bank to be used as an alternative to cash for purchases within a particular store or related businesses. The integrated payment solution is developed to facilitate the transaction at the store or business as an alternative to money. These cards are used during different events such as dining, retail purchase, entertainment, convenience shopping, and others.

Market Trends:
Technological Innovation in Product Offerings

Market Drivers:
Growing Demand for Gift Cards in the Corporate Sector across the Globe
Rise in Application Areas Among End Users
Rising Number of Occasions and Growing Popularity of the Gifting Culture
Growing Adoption of Smartphones

Market Opportunities:
Robust Technological and Product Development Attracting Number of Consumer
Blockchain Technology Enhancing Security Features

Market Leaders & Development Strategies:
In April 2021, the international technology company Thoughtworks has introduced a gift card. It offers tools, consulting services, software design and delivery, and more. That suggests that gift cards are becoming possible entry points for merchants to lead clients into the closed loop of membership, payment, and ordering systems. They can train people to develop new spending patterns.

The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of Gift Cards Market: Open Loop Gift Cards, Closed Loop Gift Cards
Key Applications/end-users of Gift Cards Market: Restaurant, Department Store, Coffee Shop, Entertainment (Movie, Music), Other

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With this report you will learn:
· Who the leading players are in Gift Cards Market?
· What you should look for in a Gift Cards
· What trends are driving the Market
· About the changing market behaviour over time with strategic view point to examine competition
Also included in the study are profiles of 15 Gift Cards vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining latest product/service offering.

Who should get most benefit from this report insights?
· Anyone who are directly or indirectly involved in value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for Gift Cards
· Marketers and agencies doing their due diligence in selecting a Gift Cards for large and enterprise level organizations
· Analysts and vendors looking for current intelligence about this dynamic marketplace.
· Competition who would like to benchmark and correlate themselves with market position and standings in current scenario.

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Quick Snapshot and Extracts from TOC of Latest Edition
• Overview of Gift Cards Market
• Gift CardsSize (Sales Volume) Comparison by Type (2024-2030)
• Gift Cards Size (Consumption) and Market Share Comparison by Application (2024-2030)
• Gift Cards Size (Value) Comparison by Region (2024-2030)
• Gift Cards Sales, Revenue and Growth Rate (2024-2030)
• Gift Cards Competitive Situation and Current Scenario Analysis Strategic proposal for estimating sizing of core business segments Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type Analyse competitors, including all important parameters of Gift Cards
• Gift Cards Manufacturing Cost Analysis Latest innovative headway and supply chain pattern mapping of leading and merging industry players

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