Gift cards are also known as gift certificates, gift vouchers, and gift tokens, which are generally issued by a retailer or bank as a developmental strategy used for promoting businesses, attracting new customers, increasing brand awareness, reducing fraud, and for improving sales. Furthermore, the key factor that drives the digital gift card market growth includes rise in adoption of advance technologies in the payment sector and surge in awareness of digital payment across the globe.
INTRODUCTION TO REPORT
The 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” published by Allied Market Research, says that Digital Gift Cards Market is expected to grow sustainably by 2030. The report offers an extensive market analysis focusing on key growth drivers, key market players, stakeholders, and forecast of revenue based on past data. This helps the existing as well as potential market players in framing long term profitable strategies.
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NEED FOR THE REPORT:
The current situation of pandemic makes it very important for the stakeholders in the Digital Gift Cards Market size to understand the market deeply, which will help them in taking sound decisions to gain the competitive advantage. By exploring the unexplored areas of market, the key players can surely gain a larger market share.
Segregating the large problem into smaller parts makes it easy to solve even the complex problems. Similarly, to analyze the Digital Gift Cards Market effectively and efficiently, the market has been segmented into, type, applications, and region. The related graphs and data tables have made the analysis much impactful and easily understandable. The interested parties can surely rip the benefits of the report on the Digital Gift Cards Market.
KEY MARKET PLAYERS:
The report offers a competitive analysis in the report, in which, the performance of the competitors in past, the revenue, and strategies framed are analyzed in detail. The key players in Digital Gift Cards 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. and Walmart Inc.
The competitors’ analysis will be helpful for new entrants to frame the profitable strategies that will help them gain the market share and achieve the objective of wealth maximization.
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KEY BENEFITS FOR STAKEHOLDERS
- This study includes the Digital Gift Cards Market analysis, trends, and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and Digital Gift Cards Market opportunity.
- The market size is quantitatively analyzed from 2019 to 2030 to highlight the financial competency of the industry.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the Digital Gift Cards Market.
Key Market Segments
- By Functional Attribute
- Open loop gift card
- Closed loop gift card
- By End user
- Generation X
- Generation Z/Millennials
- Baby Boomers
- By Application
- Consumer Goods
- Health & Wellness
- Restaurants & Bars
- Travel & Tourism
- Media & Entertainment
- By Region
- North America
- Nordic Countries
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Latin America
- Middle East
- North America
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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