Press release
Digital Gift Cards Market to Witness Stunning Growth | Major Giants Home Depot, Sephora USA, Starbucks Corporation, Walmart
The latest research document on "Global Digital Gift Cards Market Size, Share, Sales and Forecast 2024-2030" Published by HTF MI with 123+ pages. The Study is segmented by key a region that is accelerating the marketization. Digital Gift Cards study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.Major Key Players in This Report Include:
Amazon.com, Inc. (United States), Apple Inc. (United States), Google LLC (United States), Walmart Inc. (United States), Starbucks Corporation (United States), Target Corporation (United States), Best Buy Co., Inc. (United States), Home Depot, Inc. (United States), Costco Wholesale Corporation (United States), Sephora USA, Inc. (United States).
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According to HTF Market Intelligence, the Global Digital Gift Cards market grow with at a CAGR of 16.2% during forecast period of 2024-2030. It's crucial you stay up with the latest sectioned by Applications [Retailers, Restaurants, Entertainment, Travel and Hospitality, Others], Product Types [Closed Loop Gift Cards, Open Loop Gift Cards] and some significant parts of the business.
Definition:
Digital gift playing cards are online-only digital vouchers that may be bought and redeemed. They are also known as electronic gift cards or e-gift cards. Compared to conventional physical gift cards, they offer a convenient and flexible option that lets customers send gifts immediately using email or text messaging apps. The convenience of purchase is one of the main features of digital present playing cards, which can be purchased through the websites of retail establishments or dedicated gift card systems that offer adjustable designs and denominations. Oftentimes, recipients don't need actual playing cards because they can easily access and utilize them for in-person or online transactions. Because digital gift cards can be tracked electronically, there is less chance of theft or loss than with traditional cards. This adds to their safety features.
Market Drivers:
• 1. Growing popularity of e-commerce and online shopping.
• 2. Increasing consumer preference for flexible gifting options.
Market Opportunities:
• 1. Customization options for personalized gift cards.
• 2. Integration with mobile wallets and apps for seamless usage.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Interpretative Tools in the Market: The report integrates the entirely examined and evaluated information of the prominent players and their position in the market by methods for various descriptive tools. The methodical tools including SWOT analysis, Porter's five forces analysis, and investment return examination were used while breaking down the development of the key players performing in the market.
Key Growths in the Market: This section of the report incorporates the essential enhancements of the marker that contains assertions, coordinated efforts, R&D, new item dispatch, joint ventures, and associations of leading participants working in the market.
Key Points in the Market: The key features of this Digital Gift Cards market report includes production, production rate, revenue, price, cost, market share, capacity, capacity utilization rate, import/export, supply/demand, and gross margin. Key market dynamics plus market segments and sub-segments are covered.
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, or Southeast Asia.
Contact Us:
Ganesh Zirpe (Senior Web Analyst)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com
About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.
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