Digital Gift Cards Market to Grow at a Robust Pace During 2021-2026

Stratview Research has published a new market research report titled Digital Gift Cards Market. According to the report, the Digital Gift Cards Market is Segmented by Purpose (Festivals & Special Celebrations, Self-Use, Incentives, Others), Category (Food & Beverage, Footwear & Accessories, Consumer Electronics, Restaurants & Bars, Sporting Goods, Entertainment & Gaming, Others), End-User (Retail, Corporate), and Region (North America, Europe, Asia-Pacific, and Rest of the World).

The facts and information mentioned in the report have been gathered by thorough analysis and rigorous primary interviews with the market’s key players in order to collect quality and trustworthy data. Based on primary interviews across the value chain of the Digital Gift Cards Market as well as an extensive study of the previous downturns, Stratview Research has concluded that the Digital Gift Cards Market is likely to witness an impressive CAGR of 17.1% during the forecast period.

Market Dynamics

The digital gift cards market is expected to register a CAGR of around 17.1% during the review period. 

- The growth of the eCommerce industry coupled with the increasing usage of smartphones is likely to drive market growth in the coming years.

- Increasing demand for innovative and technologically advanced products is likely to bolster market growth.

- Rising demand for customized gift cards is likely to create a lucrative opportunity for the market players.

End-User Trends

Based on end-user, the market has been segmented into retail and corporate. 

- Increasing adoption of digital gifting trends by retailers is driving the growth of the retail segment.

- The importance of digital gift cards over plastic cards has increased significantly with increasing digitalization and internet access.

- Growing use of digital gift cards as a promotional tool by corporate players is anticipated to drive market growth substantially.

Regional Trends

The Asia-Pacific market is projected to register the fastest growth during the forecast period.

Geographically, the market in North America accounted for the largest market share in 2020 owing to high product usage and rising demand for technologically advanced products. This market growth can be attributed to the increasing adoption of digital gift cards in countries such as India and China coupled with the growing popularity of smartphones.

Report Customization Options

With this detailed report, Stratview Research offers one of the following customization options to the users -

Company Profiling -Detailed profiling of additional market players.

Competitive Benchmarking

The benefits of competitive benchmarking are clear: By comparing their performance to their competitors, users can catch trends early and adjust their marketing goals accordingly. This report provides authentic competitive benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Key players

The key players active in the Digital Gift Cards Market mentioned in the report are as follows -

• Auchan Group SA (France),
• Gruppo Eurospin (Italy),
• CRAI Secom S.p.A. (Italy),
• The Schwarz Group (Germany),
• Carrefour S.A. (France),
• Gruppo Coin SpA (Italy),
• Euronics International Ltd. (Netherlands),
• Inter IKEA Systems B.V. (Netherlands),
• Expert International GmbH (Switzerland), and
• Finiper SpA (Italy).

Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

FAQs in the Report-

What will be the size of Digital Gift Cards Market in the foreseeable years?

Who are the key players in the Digital Gift Cards Market?

Which country/region is expected to at highest rate in the Digital Gift Cards Market?

Which Application type is expected to remain dominant in the Digital Gift Cards Market?

What does the supply chain of Digital Gift Cards Market comprise of?

Which region is expected to maintain its leading position in the market?

About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries. With this report, Stratview research also offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com or connect with our experts at - +1-313-307-4176.

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