Digital Gift Card Market

Digital Gift Card Market Size, Share, Growth Analysis, By Functional Attribute(Open loop gift card, Closed loop gift card), By End user(Retail, Generation X), By Application(Consumer Goods, Health & Wellness), By Region(North America, U.S.) - Industry Forecast 2024-2031


Report ID: UCMIG40G2007 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Digital Gift Card Market Insights

Market Overview:

A digital gift card is similar to a prepaid digital wallet in that it contains a set amount of money that can be used to buy goods. Many digital gift cards are registered online as a precaution to reduce the risk of losses, allowing the remaining balance to be tracked and frozen if a card is lost. Digital gift cards are more secure than cash and are easily traceable, which helps to avoid fraudulent activities. The increased adoption of advanced payment technologies and the increased awareness of digital payment around the world are the major factors driving market growth.

Digital Gift Card Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Consumer Finance by segment aggregation, the contribution of the Consumer Finance in Diversified Financials and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The global market for Digital Gift Card was estimated to be valued at US$ XX Mn in 2021.

The global Digital Gift Card Market is estimated to grow at a CAGR of XX% by 2028.

The global Digital Gift Card Market is segmented on the basis of Functional Attribute, End user, Application, Region.

Based on region, the global Digital Gift Card Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global Digital Gift Card Market are Amazon.com, Inc., Apple, Inc., Blackhawk Network Holdings, Inc., Fiserv, Inc., InComm Payments, Loop Commerce, Inc., National Gift Card Corporation, PayPal Holdings, Inc., Target Brands, Inc., Walmart Inc..

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Digital Gift Card Market

Product ID: UCMIG40G2007

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