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Business Card Software Market Report 2024 - Business Card Software Market Growth And Share
Business Card Software Market
According to The Business Research Company's, The business card software market size has grown rapidly in recent years. It will grow from $1.10 billion in 2023 to $1.23 billion in 2024 at a compound annual growth rate (CAGR) of 12.0%. The growth in the historic period can be attributed to a rise in smartphone usage, an increase in startups and small businesses, the proliferation of business conferences, stricter data protection regulations, and the adoption of cloud-based solutions.
The business card software market size is expected to see rapid growth in the next few years. It will grow to $1.95 billion in 2028 at a compound annual growth rate (CAGR) of 12.4%. The growth in the forecast period can be attributed to continuation of remote work trends, improved security measures, expansion into emerging markets, advanced analytics capabilities, seamless integration with other business tools. Major trends in the forecast period include increasing adoption of cloud-based business, integration of artificial intelligence, growing demand for mobile-friendly business, incorporation of AR technology, integration with digital wallets.
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Market Drivers and Trends:
The rising use of mobile devices is expected to propel the growth of the business card software market going forward. A mobile device is a portable tablet or other gadget designed to be compact and lightweight for easy carrying. The rising use of mobile devices is driven by their convenience, portability, and increasing functionality. Mobile devices are increasingly utilized in business card software for on-the-go design, sharing, and networking, catering to modern professionals' need for convenience and mobility. For instance, in April 2022, according to the Department of Telecommunications under the Ministry of Information and Communications, a Vietnam-based regulatory agency, Vietnam recorded 91.3 million smartphone subscribers in 2021. This figure increased by over 2 million at the end of March 2022, resulting in a total of 93.5 million subscribers, equivalent to 73.5% of the nation's adult population. Therefore, the rising use of mobile devices is driving the growth of the business card software market.
Major companies operating in the business intelligence management software market are focusing on developing technologically advanced solutions, such as AI-based Business Intelligence (BI) platforms, to empower businesses with advanced capabilities for data analysis. An AI-based BI platform is a business intelligence software solution incorporating artificial intelligence (AI) technologies to enhance data analysis, decision-making, and automation capabilities. For instance, in July 2021, Zoho Ltd., an India-based software company, launched Zia AI, a business intelligence platform infused with artificial intelligence and data analytics capabilities for providing customers with highly accurate insights for marketing and business strategy. Zia AI is an artificial intelligence-powered assistant for business applications, and it is integrated into various Zoho products, such as Zoho Customer Relationship Management (CRM) and Zoho Analytics, to provide conversational assistance, predictive analytics, anomaly detection, automation of tasks, and more. Zia AI understands commands and queries issued over text and voice, enabling users to interact with it through chat or voice commands to perform various tasks, from fetching information to predicting sales outcomes and automating routine processes.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
Microsoft Corporation Inc., Adobe Inc., NCH Software Inc., CardWorks Inc., Canva Pty Ltd, Tailor Brands Ltd., Softonic International, Popl Co Company, DRPU Software Pvt. Ltd., PenPower Inc., Mobilo Inc., Labeljoy Inc., Mojosoft Ltd., CAM Development Ltd., Blinq Technologies Pty Ltd., SmartsysSoft, Switchit LLC, Xara GmbH, Summitsoft Corporation, BeLight Software Ltd, HiHello Inc., know.ee, I.R.I.S. Group, CardByte AI Pvt Ltd, BitSignal Ltd
Business Card Software Market 2024 Key Insights:
• The business card software market size is expected to see rapid growth in the next few years. It will grow to $1.95 billion in 2028 at a compound annual growth rate (CAGR) of 12.4%.
• Mobile Devices Fueling Growth In Business Card Software Market
• Embracing Digital Solutions In The Business Card Software Market
• North America was the largest region in the business card software market in 2023
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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