Business

Gift Cards Market Soaring at 24.0% CAGR During the Period 2016 – 2023

A gift card is a stored value card that is utilized as an alternative for money at a particular store or business for purchases related to goods or services. Gift cards are also known as gift certificate, gift voucher, gift token, and others, which are generally issued by a retailer or bank as a developmental strategy used for promoting a particular function. These cards can be used at a selected outlet or group outlets depending on the issuing authority. Gift cards are an improved version of paper gift certificates earlier used for transaction purposes. The global gift cards market was valued at $679,743 million in 2016, and is projected to reach $3,003,320 million by 2023, growing at a CAGR of 24.0% from 2017 to 2023.

The gift cards market is expected to experience significant growth during the forecast period, owing to technological innovation in product offerings, increase in application areas among end users, increased market for prepaid cards, rise in need for advanced promotional strategies, high adoption rate of smartphones, growth associated with e-commerce and m-commerce industry, increased spending capacity of consumers, and flexibility associated with ease of use feature drive the global gift cards market. Moreover, increase in popularity of these cards during traveling abroad are expected to boost the gift cards market growth in the future. However, diverse types of fees associated with card transaction and dearth of security measures as compared to credit or debit cards are major restraints that hinder the growth of the market.

The global gift cards market is segmented based on functional attribute, industry vertical, and region. Based on functional attribute, it is bifurcated into open loop and closed loop. Based on industry vertical, it is divided into retail and corporate institutions. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the gift cards market are First Data Corporation, Qwikcilver Solutions Pvt. Ltd., National Gift Card Corp., Blackhawk Network Holdings, Inc., Plastek Card Solutions, Inc., Duracard, DOCUMAX INC., Vantiv, TenderCard, TransGate Solutions, and others.

Request for a sample copy of this report @ https://www.bigmarketresearch.com/request-sample/1667856/?utm_source=OPR&utm_medium=SBL

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides an overview of the trends, structure, drivers, challenges, and opportunities in the global gift cards market.
  • Porter’s Five Forces analysis highlights the potential of buyers & suppliers, and provides insights on the competitive structure of the market to determine the investment pockets.
  • Current and future trends adopted by the key market players are highlighted to determine overall competitiveness.
  • The quantitative analysis of the gift cards market growth from 2017 to 2023 is provided to elaborate the market potential.

Key Market Segments

By Functional Attribute

  • Open Loop
  • Closed Loop

By Industry Vertical

  • Retail
  • Corporate institutions

Key Players Profiled in the Report

  • First Data Corporation
  • Qwikcilver Solutions Pvt. Ltd.
  • National Gift Card Corp.
  • Blackhawk Network Holdings, Inc.
  • Plastek Card Solutions, Inc.
  • Duracard
  • DOCUMAX INC.
  • Vantiv
  • TenderCard
  • TransGate Solutions

Enquiry Before Buying @ https://www.bigmarketresearch.com/purchase-enquiry/1667856/?utm_source=SBL

Table of content:

CHAPTER 1 INTRODUCTION

1.1. REPORT DESCRIPTION

1.2. KEY BENEFITS

1.3. KEY MARKET SEGMENTS

1.4. KEY MARKET SEGMENTATION

1.5. RESEARCH METHODOLOGY

1.5.1. Secondary research

1.5.2. Primary research

1.5.3. Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 6 GIFT CARDS MARKET, BY REGION

6.1. OVERVIEW

6.2. NORTH AMERICA

6.2.1. Key market trends

6.2.2. Key growth factors and opportunities

6.2.3. Market size and forecast

6.2.3.1. Market size and forecast by country

6.2.3.2. Market size and forecast by Type

6.2.3.3. Market size and forecast by Industry Vertical

6.2.3.4. U.S.

6.2.3.5. Market size and forecast

6.2.3.5.1. Market size and forecast by Type

6.2.3.5.2. Market size and forecast by Industry Vertical

6.2.3.6. Canada

6.2.3.7. Market size and forecast

6.2.3.7.1. Market size and forecast by Type

6.2.3.7.2. Market size and forecast by Industry Vertical

6.2.3.8. Mexico

6.2.3.9. Market size and forecast

6.2.3.9.1. Market size and forecast by Type

6.2.3.9.2. Market size and forecast by Industry Vertical

6.3. EUROPE

6.3.1. Key market trends

6.3.2. Key growth factors and opportunities

6.3.3. Market size and forecast

6.3.3.1. Market size and forecast by country

6.3.3.2. Market size and forecast by Type

6.3.3.3. Market size and forecast by Industry Vertical

6.3.3.4. UK

6.3.3.5. Market size and forecast

6.3.3.5.1. Market size and forecast by Type

6.3.3.5.2. Market size and forecast by Industry Vertical

6.3.3.6. Germany

6.3.3.7. Market size and forecast

6.3.3.7.1. Market size and forecast by Type

6.3.3.7.2. Market size and forecast by Industry Vertical

6.3.3.8. France

6.3.3.9. Market size and forecast

6.3.3.9.1. Market size and forecast by Type

6.3.3.9.2. Market size and forecast by Industry Vertical

6.3.3.10. Rest of Europe

6.3.3.11. Market size and forecast

6.3.3.11.1. Market size and forecast by Type

6.3.3.11.2. Market size and forecast by Industry Vertical

6.4. ASIA-PACIFIC

6.4.1. Key market trends

6.4.2. Key growth factors and opportunities

6.4.3. Market size and forecast

6.4.3.1. Market size and forecast by country

6.4.3.2. Market size and forecast by Type

6.4.3.3. Market size and forecast by Industry Vertical

6.4.3.4. China

6.4.3.5. Market size and forecast

6.4.3.5.1. Market size and forecast by Type

6.4.3.5.2. Market size and forecast by Industry Vertical

6.4.3.6. India

6.4.3.7. Market size and forecast

6.4.3.7.1. Market size and forecast by Type

6.4.3.7.2. Market size and forecast by Industry Vertical

6.4.3.8. Japan

6.4.3.9. Market size and forecast

6.4.3.9.1. Market size and forecast by Type

6.4.3.9.2. Market size and forecast by Industry Vertical

6.4.3.10. Rest of Asia-Pacific

6.4.3.11. Market size and forecast

6.4.3.11.1. Market size and forecast by Type

6.4.3.11.2. Market size and forecast by Industry Vertical

6.5. LAMEA

6.5.1. Key market trends

6.5.2. Key growth factors and opportunities

6.5.3. Market size and forecast

6.5.3.1. Market size and forecast by region

6.5.3.2. Market size and forecast by Type

6.5.3.3. Market size and forecast by Industry Vertical

6.5.3.4. Latin America

6.5.3.5. Market size and forecast

6.5.3.5.1. Market size and forecast by Type

6.5.3.5.2. Market size and forecast by Industry Vertical

6.5.3.6. Middle East

6.5.3.7. Market size and forecast

6.5.3.7.1. Market size and forecast by Type

6.5.3.7.2. Market size and forecast by Industry Vertical

6.5.3.8. Africa

6.5.3.9. Market size and forecast

6.5.3.9.1. Market size and forecast by Type

6.5.3.9.2. Market size and forecast by Industry Vertical

Discount of this report: https://www.bigmarketresearch.com/request-for-discount/1667856/?utm_source=OPR&utm_medium=SBL

About Us:

Big Market Research has a range of research reports from various publishers across the world. Our database of reports of various market categories and sub-categories would help to find the exact report you may be looking for.

We are instrumental in providing quantitative and qualitative insights on your area of interest by bringing reports from various publishers at one place to save your time and money. A lot of organizations across the world are gaining profits and great benefits from information gained through reports sourced by us.

Contact Us:

5933 NE Win Sivers Drive, #205, Portland,

OR 97220 United States

call answer Direct:+1-971-202-1575

call answer Toll Free:+1-800-910-6452

email [email protected]