The Digital Gift Card Global Market Report 2023, provides comprehensive information on the digital gift card market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/digital-gift-card-global-market-report
As per The Business Research Company’s Digital Gift Card Global Market Report 2023, the global digital gift card market size grew from $342.66 billion in 2022 to $405.17 billion in 2023 at a compound annual growth rate (CAGR) of 18.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The digital gift card market size is expected to grow to $740.41 billion in 2027 at a CAGR of 16.3%.
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The digital gift card market is segmented:
1) By Functional Attribute: Open Loop Gift Card, Closed Loop Gift Card
2) By Business Type: Business to Business (B2B), Business to Consumer (B2C)
3) By Application: Consumer Goods, Health and Wellness, Restaurants and Bars, Travel and Tourism, Media and Entertainment, Other Applications
North America was the largest region in the digital gift card market in 2022.
The table of contents in TBRC’s digital gift card market report includes:
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