Press release
Business Card Scanning Software Global Market Analysis Development Trends, Industry Growth Opportunities, Regional Demand and Forecast 2024-2033
Business Card Scanning Software Global Market
According to The Business Research Company's, The business card scanning software market size has grown rapidly in recent years. It will grow from $1.83 billion in 2023 to $2.19 billion in 2024 at a compound annual growth rate (CAGR) of 19.8%. The growth in the historic period can be attributed to the increasing adoption of smartphones, the growing need for efficient contact management solutions, the rise of digital networking, globalization and expansion of business networks, and the demand for improved data accuracy.
The business card scanning software market size is expected to see exponential growth in the next few years. It will grow to $4.55 billion in 2028 at a compound annual growth rate (CAGR) of 20.1%. The growth in the forecast period can be attributed to rising demand for cloud-based solutions, increasing focus on data privacy, expansion of e-commerce and online business platforms, growth of subscription-based business models, shift towards contactless interactions. Major trends in the forecast period include increased integration, AI-powered recognition, enhanced security measures, surge in mobile app development for business card scanning, enhanced data analytics.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/business-card-scanning-software-global-market-report
Market Drivers and Trends:
The increase in smartphone penetration is expected to propel the growth of the business card scanning software market going forward. A smartphone is a handheld electronic device that combines the functionality of a mobile phone with features similar to those of a computer. The smartphone penetration is due to the growing availability and affordability of high-speed internet connectivity, increasing demand for smartphones, affordable smartphones, and the growth of e-commerce. Smartphone business card scanning software streamlines contact management by quickly digitizing and organizing business card information, enhancing efficiency in networking and lead generation for professionals and businesses alike. For instance, in April 2022, according to the Department of Telecommunications under the Ministry of Information and Communications, a Vietnam-based regulatory agency, smartphone subscribers in Vietnam increased from 91.3 million in 2021 to 93.5 million subscribers in 2022, equivalent to 73.5% of the nation's adult population. Therefore, the increase in smartphone penetration is driving the growth of the business card scanning software market.
Major companies in the business card software market are expanding their product portfolio with technologies such as digital business card apps. Digital business card apps are mobile applications designed to replace traditional paper business cards by providing a digital platform for professionals to create, store, and share their contact information. For instance, in October 2022, Manbrosys LLC, a US-based software development company, announced the launch of 'NobHub'. This app enables professionals to exchange information seamlessly, eliminating the need for traditional paper business cards by offering efficient digital alternatives. It is utilized to gather and organize contacts, maintain up-to-date information, and track individuals more efficiently.
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.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=15320&type=smp
Major Key Players of the Market:
Google LLC, Microsoft Corporation Inc., Adobe Inc., HubSpot Inc., Zoho Corporation, Iris S.A., ABBYY Solutions Ltd., Sansan Inc., The Neat Company, Softonic International, Popl Co Company, Ambir Technology Inc., Penpower Tech. Ltd., Intsig Information Co., Covve Visual Network Ltd., Haystack Team Inc., Linq App Inc., CardMunch, OrangeTreeApps LLC, Doorway, Shoeboxed Inc., HiHello Inc., Know.ee, Evernote Corporation
Business Card Scanning Software Market 2024 Key Insights:
• The business card scanning software market size is expected to see exponential growth in the next few years. It will grow to $4.55 billion in 2028 at a compound annual growth rate (CAGR) of 20.1%.
• Smartphone Penetration Fueling Growth In Business Card Scanning Software Market
• Industry Leaders Embrace AI In The Business Card Scanning Market
• North America was the largest region in the business card scanning software market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=15320&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
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.
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 Business Card Scanning Software Global Market Analysis Development Trends, Industry Growth Opportunities, Regional Demand and Forecast 2024-2033 here
News-ID: 3699953 • Views: …
More Releases from The Business research company
Leading Companies Fueling Growth and Innovation in the Mobile Air Defence Gun Sy …
The mobile air defence gun system market is positioned for notable growth as defense forces worldwide prioritize rapid and efficient aerial threat responses. Advances in technology and evolving battlefield requirements are setting the stage for innovative solutions that enhance mobility, detection, and engagement capabilities. Let's explore the market's size projections, key players, emerging trends, and segmentation to gain a comprehensive understanding of this vital defense sector.
Forecasted Expansion Outlook of the…
Mine Countermeasures (MCM) Market Overview: Major Segments, Strategic Developmen …
The mine countermeasures (MCM) market is set to experience significant expansion over the coming years as technological advancements and increasing security concerns drive demand. Innovations in autonomous systems and sensor technologies are transforming how naval forces detect and neutralize sea mines, making this sector a focal point for defense modernization efforts worldwide. Let's explore the market's projected valuation, key players, prevailing trends, and the comprehensive segments shaping its future trajectory.
Projected…
Analysis of Segments and Major Growth Areas in the Military Truck Market
The military truck industry is poised for consistent expansion in the coming years, driven by technological advancements and evolving defense needs. As armed forces globally look to modernize their vehicle fleets with enhanced capabilities, this segment is set to experience notable growth and innovation. Let's explore the market's size, key players, prominent trends, and vital segments shaping its future.
Military Truck Market Size and Growth Outlook Through 2030
The military truck…
Key Strategic Developments and Emerging Changes Shaping the Military Simulation …
The military simulation and virtual training sector is on the brink of significant expansion as defense organizations increasingly adopt cutting-edge technology to enhance training effectiveness. With advancements in immersive technologies and AI-driven adaptive learning, this market is set to transform how military personnel prepare for complex missions, making training more realistic and accessible worldwide. Below is a detailed overview of the market's size, key drivers, leading players, and emerging opportunities…
More Releases for Card
Gift Card and Incentive Card Market Set for Explosive Growth | National Gift Car …
A new business intelligence report released by AMA with title "Gift Card and Incentive Card Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Gift Card and Incentive Card Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through…
IC Card/Smart Card Market 2022 | Detailed Report
The IC Card/Smart Card research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the IC Card/Smart Card research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope, market overview, and driving force.
Download FREE Sample Report…
Prepaid Card Market by Card Type (Single-purpose prepaid card, and Multi-purpose …
Higher preference of prepaid cards to bank account cards has attributed to cost-effectiveness and flexibility. Moreover, increase in awareness and convenience of these cards enhance the adoption of prepaid cards. Furthermore, emerging applications & acceptance of these prepaid cards for various transactions and increasing popularity among individuals traveling abroad are expected to boost the market growth in the future.
A new report published by Allied Market Research, titled, Prepaid Card Market…
Prepaid Card Market by Card Type (Single-purpose prepaid card, and Multi-purpose …
Higher preference of prepaid cards to bank account cards has attributed to cost-effectiveness and flexibility. Moreover, increase in awareness and convenience of these cards enhance the adoption of prepaid cards. Furthermore, emerging applications & acceptance of these prepaid cards for various transactions and increasing popularity among individuals traveling abroad are expected to boost the market growth in the future
Prepaid Card Market is projected to grow at a CAGR of 22.7%…
Card Intelligent Lock Market Report 2018: Segmentation by Type (Magnetic card Lo …
Global Card Intelligent Lock market research report provides company profile for Tri-circle, Dessmann, Royalwand, Bangpai, ZKTeco, Schlage, KEYLOCK, Yale, Tenon, KAADAS, BE-TECH and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also…
Prepaid Card Market Report 2018: Segmentation by Card Type (Single-purpose prepa …
Global Prepaid Card market research report provides company profile for Green Dot Corporation, NetSpend Holdings, Inc., H&R Block Inc., American Express Company, JPMorgan Chase & Co., PayPal Holdings, Inc., BBVA Compass Bancshares, Inc. and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and…
