Press release
Digital Gift Cards Market to Surpass $1.1 Trillion Globally by 2030, Fueled by a 15.8% CAGR in Online Gifting Trends
๐น๐๐๐ ๐๐ ๐ ๐๐๐๐๐ ๐๐๐ ๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐, ๐๐๐๐ ๐๐ ๐๐๐๐๐๐ ๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐๐๐๐, ๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐ ๐๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐ ๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐๐๐.Allied Market Research published a report, titled, "Digital Gift Card Market by Functional Attribute (Open-Loop Card and Closed-Loop Card), End User (Retail and Corporate) and Application (Consumer Goods, Health & Wellness, Restaurants & Bars, Travel & Tourism, Media & Entertainment and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030". According to the report, the global digital gift cards industry generated $258.34 billion in 2020, and is anticipated to generate $1101.03 billion by 2030, witnessing a CAGR of 15.8% from 2021 to 2030.
โ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ & ๐๐๐ :
https://www.alliedmarketresearch.com/request-sample/A09990
๐๐ซ๐ข๐ฆ๐ ๐๐๐ญ๐๐ซ๐ฆ๐ข๐ง๐๐ง๐ญ๐ฌ ๐จ๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก
Rise in demand for advanced payment solutions, high adoption rate of smartphones, and increase in demand for innovative products drive the growth of the global digital gift cards market. However, Lack of security hinders the market growth. On the other hand, surge in demand for digital gift cards from developing countries presents new opportunities in the coming years.
Covid-19 Scenario
The outbreak of the Covid-19 pandemic has had a positive impact on the global digital gift cards market, owing to increase in adoption of digital gift cards among businesses.
Moreover, the overall gift card industry witnessed high growth during the COVID-19 pandemic, as governments across several regions imposed new regulations to accelerate growth of electronic payments in respective countries.
The retail segment to maintain its leadership status throughout the forecast period
Based on end user, the retail segment held the highest market share in 2020, accounting for three-fifths of the global digital gift cards market, and is estimated to maintain its leadership status throughout the forecast period. This is due to increase in consumers trends & preferences toward shopping at the retail store fuels. However, corporate segment is projected to manifest the highest CAGR of 17.2% from 2021 to 2030, owing to increase in awareness among the business owner to deliver gift cads to their employees.
๐๐ก๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐ ๐จ๐จ๐๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on application, the consumer goods segment accounted for the largest share in 2020, contributing to more than one-fourth of the global digital gift cards market, and is projected to maintain its lead position during the forecast period. This is due to availability of large number of digital payment technology among the people to accept gift card digitally. Moreover, the travel & tourism segment is expected to portray the largest CAGR of 19.2% from 2021 to 2030, owing to meet the requirements of the travelers by allowing access to a vast array of choices to many destinations.
โ๐๐ฎ๐ฒ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ๐๐ ๐๐ซ๐ข๐๐ @
https://www.alliedmarketresearch.com/checkout-final/e089024f06029ed66f142c90e3d2ba03
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐๐ ๐๐ฒ ๐๐๐๐
Based on region, North America held the highest market share in terms of revenue 2020, accounting for more than two-fifths of the global digital gift cards market. This is due to rise in popularity of corporate gifting cultures during special occasions, such as birthdays, incentives, festivals, etc. However, the Asia-Pacific region is expected to witness the fastest CAGR of 17.2% from 2021 to 2030, owing to surge in adoption of these cards for online purchases, traveling, and distribution among children as cash alternative.
๐๐ฒ๐ฎ๐ฑ๐ถ๐ป๐ด ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐:-
๐๐บ๐ฎ๐๐ผ๐ป.๐ฐ๐ผ๐บ, ๐๐ป๐ฐ.
๐๐ฝ๐ฝ๐น๐ฒ, ๐๐ป๐ฐ.
๐๐น๐ฎ๐ฐ๐ธ๐ต๐ฎ๐๐ธ ๐ก๐ฒ๐๐๐ผ๐ฟ๐ธ ๐๐ผ๐น๐ฑ๐ถ๐ป๐ด๐, ๐๐ป๐ฐ.
๐๐ถ๐๐ฒ๐ฟ๐, ๐๐ป๐ฐ.
๐๐ป๐๐ผ๐บ๐บ ๐ฃ๐ฎ๐๐บ๐ฒ๐ป๐๐
๐๐ผ๐ผ๐ฝ ๐๐ผ๐บ๐บ๐ฒ๐ฟ๐ฐ๐ฒ, ๐๐ป๐ฐ.
๐ก๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น ๐๐ถ๐ณ๐ ๐๐ฎ๐ฟ๐ฑ ๐๐ผ๐ฟ๐ฝ๐ผ๐ฟ๐ฎ๐๐ถ๐ผ๐ป
๐ฃ๐ฎ๐๐ฃ๐ฎ๐น ๐๐ผ๐น๐ฑ๐ถ๐ป๐ด๐, ๐๐ป๐ฐ.
๐ง๐ฎ๐ฟ๐ด๐ฒ๐ ๐๐ฟ๐ฎ๐ป๐ฑ๐, ๐๐ป๐ฐ.
๐ช๐ฎ๐น๐บ๐ฎ๐ฟ๐ ๐๐ป๐ฐ.
โ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ :
https://www.alliedmarketresearch.com/purchase-enquiry/A09990
โ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ญ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ๐๐ ๐๐ซ๐ข๐๐:
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