According to a recent report published by Allied Market Research, titled, "Digital Gift Card Market by Functional Attribute, End-user and Application: Global Opportunity Analysis and Industry Forecast, 2021-2030," the global digital gift card industry size was valued at $ 258.34 billion in 2020, and is projected to reach $1,101.03 billion by 2030, growing at a CAGR of 15.8% from 2021 to 2030.
The market report presents a systematic and methodical description of the global Digital gift cards market along with the recent drifts, future estimates, and competitive landscape. At the same time, it also emphasizes on the study of the Digital gift cards market on the basis of regional heights. It doles out in-depth information associated with the frontrunners operational in the Digital gift cards market and portrays the competitive strength and approaches incorporated by the market players for thriving their shares and heightening their status in the industry.
Download Report Sample (290+ Pages with Latest Industry Insights): https://www.alliedmarketresearch.com/request-sample/10355
The Digital gift cards market report includes a comprehensive analysis of the top 10 market players that are currently leading the market. In addition, the study includes a thorough financial analysis, SWOT profile, business strategies, recently launched products & services, and business overview of the market players. The report covers recent market developments including market expansion, partnerships & collaborations, mergers & acquisitions, and new product launches. This analysis stakeholders and new business entrants to understand the latest market trends and formulate new business strategies.
The key market players analyzed in the report 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. and Walmart Inc.
Furthermore, the report offers a comprehensive breakdown of market undercurrents such as drivers, challenges, and opportunities. A brief estimation of Porter's five forces is also portrayed in the report to get through the prospects of the buyers and suppliers. In terms of the competitive market scenario, the report also depicts the major market players along with their brief synopsis, major entrants, and their budding potential in the industry. It also sketches the strategies adopted by them so as to dilate their position in the global Digital gift cards market.
Both, bottom-up and top-down approaches are used to corroborate and estimate the extent of the global Digital gift cards market. All percentage shares and itemizations are bent on through secondary sources and substantiated through primary bases. Moreover, all possible margins & precincts that affect the market covered in this research study have been descried in detail, confirmed through primary research, and explored & examined to get to the final quantitative & qualitative data.
Key Benefits for Stakeholders
• The study provides an in-depth analysis of the global digital gift card market forecast along with the current trends and future estimations to explain the imminent investment pockets.
• Information about key drivers, restraints, & opportunities and their impact analysis on the global digital gift card market is provided in the report.
• Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the e-gift card market.
• The quantitative analysis of the market from 2021 to 2030 is provided to determine the digital gift card market potential.
For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/10355
The global Digital gift cards market is evaluated on the basis of type, application, end user, and region. Finally, by region, the market is evaluated across Europe, LAMEA, Asia-Pacific, and North America. The province across North America is broken down into the United States, Mexico, and Canada. Europe indexes countries such as the United Kingdom, Italy, France, Spain, Germany, and rest of Europe. Concurrently, Asia-Pacific consists of countries such as South Korea, India, Japan, China, and rest of Asia-Pacific. Finally, LAMEA is classified into Africa, the Middle East, and Latin America.
David Correa
Allied Analytics LLP
+ +1 503-894-6022
Visit us on social media:
Lowe’s Gift Cards The new Oddie District will be a new and reinvisioned district in Sparks with plans to completely redevelop the former Lowe's Home Improvement Center.Developer Foothill Partners and startup Innovation Collective have created a concept that brings vibrant creative and community-minded energy to an empty space in an effort to reinvigorate an aging neighborhood in the heart of Sparks.Cheap Lowe’s Gift Cards“Lowe’s is committed to making homes better for all and that definition of home extends into our neighborhoods and communities particularly here in our hometown of Charlotte,” Janice Dupré Little executive vice president of Lowe’s human resources and chair of the Lowe’s Foundation said in a statement.
“Preserving the historic Siloam School means saving and restoring a critical piece of Charlotte history that will educate generations to come and Lowe’s is proud to be a part of this powerful work.”Bezzecchi jumped poleman Lowes off the line at the start to take the lead while Petronas Sprinta’s Dixon briefly moved ahead of his fellow Brit on the run to Turn But Dixon ran wide and allowed Lowes back into second with Fabio Di Giannantonio moving into third on the Speed up while his teammate Jorge Navarro crashed after contact with Marcos Ramirez exiting Turn Di Giannantonio would capitalise on a slightly wide Lowes on the run into Turn 12 on the opening lap to take second though the Marc VDS rider carve back through again at Turn 2 at the start of the second tour.
Increase in application areas such as banking, hospitality, and retail stores and growing technological innovation in product offerings drive the growth of the global gift cards market.
However, various types of fees associated with card transactions hinder the market growth.
On the other hand, surge in demand for gift cards from developing economies such as China and India creates new opportunities for the market player in the coming years.The global gift cards market generated $619.25 billion in 2019, and is estimated to reach $1,922.87 billion by 2027, registering a CAGR of 15.4% from 2020 to 2027.
The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.Covid-19 scenario:Due to lockdown in several countries, the tourism and hospitality industry have been affected badly.
If market players in the industry cannot sell their services due to the restrictions, they can sell their gift cards on a lower than the nominal value.
This will motivate customers to purchase such services and offer a chance to earn for market players.The demand for gift card is likely to get affected as their printing and production has been halted amid lockdown due to COVID-19 pandemic situation.The revenue generated from the retail establishment segment is likely to increase as retail shops have been allowed to do the business during the lockdown.The report offers detailed segmentation of the global gift cards market based on card type, end user, and region.Read Full News: https://www.alliedmarketresearch.com/gift-cards-market Based on card type, the closed-loop card segment contributed to the largest share in 2019, accounting for more than two-thirds of the total share, and is estimated to maintain its dominant position during the forecast period.
