Stratview Research has recently published a report on the Digital Gift Cards Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2021 to 2026.

Digital Gift Cards Market Insights:

The digital gift cards market is expected to grow from USD XX billion in 2020 to USD XX billion by 2026 at a CAGR of over 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.
• The Rising demand for customized gift cards is likely to create a lucrative opportunity for the market players.

As per the report, the market is segmented by:

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.

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.

A sneak peek into the Report:

This report serves as a comprehensive source of market analysis. The report's layout has been kept simple in order to have the most business value possible. It offers valuable insights into business dynamics and allows current and potential market participants to make strategic decisions. The following is the report's key features:

Market structure: Overview, industry life cycle analysis, supply chain analysis

Market forecast analysis.

Competitive landscape and dynamics: Market share, product launches, etc.

Attractive market segments and associated growth opportunities

Emerging Trends & Key success factors

Key Players

The market for Digital Gift Cards is highly consolidated with the strong presence of key players such as-

• 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).

Customization of Reports 

Stratview research also offers custom research for market evaluation, competitive benchmarking, sourcing and procurement, target screening, and other services across sectors, in addition to this thorough review.

Research Methodology

Stratview Research's reports are the result of a thorough analysis that combines thorough secondary, and primary interviews with industry leaders, and confirmation using unique internal database and statistical methods. More than 1,000 verified secondary sources, such as annual reports from companies, press releases, fact books, journals, white papers, and blogs are reviewed and analysed.

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