Press release
Steady Expansion Forecast for Business Card Software Market, Projected to Reach $2.19 Billion by 2029
Business Card Software
Business Card Software Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the business card software market has seen a fast-paced expansion in the last few years. From $1.23 billion in 2024, it is set to rise to $1.38 billion in 2025, reflecting a compound annual growth rate (CAGR) of 12.6%. Factors contributing to the growth during the historical period include increased usage of smartphones, a surge in startups and small businesses, the widespread occurrence of business conferences, stringent data protection laws, and the adoption of cloud-based solutions.
Business Card Software Market Size Forecast: What's the Projected Valuation by 2029?
The market size for business card software is set to witness considerable expansion in the upcoming years. It is projected that by 2029, the market would reach $2.19 billion, fuelling at a compound annual growth rate (CAGR) of 12.3%. The surge during the anticipated period can be credited to persisting trends of remote work, enhanced security protocols, penetration into nascent markets, superior analytic features, and effortless compatibility with other business utilities. Dominant trends that would characterize this forecast period entail an escalated preference for cloud-based businesses, the incorporation of artificial intelligence, burgeoning demand for mobile-friendly business, the integration of Augmented Reality technology, and amalgamation with digital wallets.
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What Are the Drivers Transforming the Business Card Software Market?
The growth of the business card software market is anticipated to be propelled by the escalating usage of mobile devices. Mobile devices, which include portable tablets and other compact, lightweight gadgets for easy portability, are on the rise due to their convenience and burgeoning functionality. They are increasingly being employed in business card software for on-the-go design, sharing and networking, responding to the modern professionals' demands for flexibility and mobility. For instance, Vietnam registered 91.3 million smartphone subscribers in 2021 as reported in April 2022 by the Department of Telecommunications, a regulatory agency under the Ministry of Information and Communications in Vietnam. The figure saw an increase of over 2 million by the end of March 2022, accumulating to 93.5 million subscribers, which equals 73.5% of the country's adult demographic. As a result, the proliferating use of mobile devices is fueling the expansion of the business card software market.
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What Long-Term Trends Will Define the Future of the Business Card Software Market?
Leading firms in the business card software market are enhancing their product line with the incorporation of technologies such as digital business card apps. Such apps are mobile-based solutions meant to supersede the conventional paper business cards, providing a digital medium for professionals to formulate, store, and disseminate their contact details. For instance, Manbrosys LLC, a notable software development enterprise from the US, unveiled 'NobHub' in October 2022. The application facilitates smooth information exchange among professionals, hence doing away with traditional paper business cards by presenting more competent digital options. It's advantageous for collecting and managing contacts, preserving current details, and accurately tracking individuals.
Which Segments in the Business Card Software Market Offer the Most Profit Potential?
The business card software market covered in this report is segmented -
1) By Type: On-Premise, Cloud-Based
2) By Features: Media Content, Video Integration, Location Map, Analytics, Integration With Customer Relationship Management (CRM), Quick-response (QR) Code Mixed, Multiple Languages
3) By Platform: Android Devices, iPhone Operating System (iOS) Devices, Windows
4) By Application: Business Owners, Sales Entrepreneurs, Marketing Agencies, Consultants, Events And Travels, Education And Training, Health And Beauty
Subsegments:
On-premise: Self-Hosted Business Card Management Software, Desktop Business Card Scanning And Ocr Software, Local Business Card Storage Solutions, On-Site Integration With Crm Systems
Cloud-Based: Cloud-Based Business Card Scanning Solutions, Saas (Software As A Service) For Business Card Management, Cloud Synchronization And Backup Services, Cloud Integration With Crm And Contact Management Platforms
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Which Firms Dominate the Business Card Software Market by Market Share and Revenue in 2025?
Major companies operating in the business card software market are 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
Which Regions Offer the Highest Growth Potential in the Business Card Software Market?
North America was the largest region in the business card software market in 2024. The regions covered in the business card software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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