Global Digital Gift Card Market Size study & Forecast, by Functional Attribute, by End User and by Application and Regional Analysis, 2022-2029

Description

List of Tables

Global Digital Gift Card Market is valued at approximately USD 299.16 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 15.8 % over the forecast period 2022-2029. The Digital Gift Card has no physical form; instead, these cards are assigned a unique gift code number that one can use to redeem at online retailers when making online purchases. In a Digital gifting card, the giver purchases the card online and prepaid it with money. Furthermore, the recipient then receives the e-gift card via email and claims and activates the card. The increasing adoption of advanced technologies in the payment sector and rising penetration of digital payments worldwide as well as increasing smartphone subscriptions are key factors driving the market growth.

The growing popularity of digital payment processing is contributing towards the growth of the Global Digital Gift Card market. For instance - as per World Bank estimates - as of 2022, Globally around two-thirds of adults make or receive payment through digital channels. In addition, as per the Press Information Bureau (PIB), the Government of India estimates - In India, during FY 2020-21 around 5554 million digital transactions were recorded, and this number further increased to 8,840 million in FY 2021-22. Moreover, in August 2022 alone, around 6.58 billion financial transactions were carried out digitally through UPI (Unified Payment Interface). Also, the growing popularity of corporate gifting cultures as well as the surge in the internet-literate population would create a lucrative growth prospectus for the market over the forecast period. However, concern over data privacy hinders the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Digital Gift Card Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players as well as the rising popularity of digital gift cards in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising penetration of digital payment processing applications as well as growing adoption of e-commerce channels in the region.

Major market players included in this report are:

Amazon.com Inc.
Apple, Inc.
Blackhawk Network Holdings, Inc.
Fiserv, Inc.
InComm Payments
Loop Commerce, Inc.
National Gift Card Corporation
PayPal Holdings, Inc.
Target Brands, Inc.
Walmart Inc.

Recent Developments in the Market:

In April 2021, InComm Payments announced the launch of a digital gift card mall that allows customers to choose and send a variety of gift cards via email. Moreover, a new portal named TheGiftCardShop.com would feature cards from more than 100 brands, from Visa, Mastercard and American Express to retailers such as Macy's, GameStop, Lowe's and Darden Restaurants.

Global Digital Gift Card Market Report Scope:

Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Functional Attribute, End User, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Functional Attribute

Open-Loop Card
Closed-Loop Card

By End User

Retail
Corporate

By Application

Consumer Goods
Health & Wellness
Restaurants & Bars
Travel & Tourism
Media & Entertainment
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Digital Gift Card Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Digital Gift Card Market, by Functional Attribute, 2019-2029 (USD Billion)
- 1.2.3. Digital Gift Card Market, by End User, 2019-2029 (USD Billion)
- 1.2.4. Digital Gift Card Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Digital Gift Card Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Digital Gift Card Market Dynamics

3.1. Digital Gift Card Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing adoption of advance technologies in the payment sector
  - 3.1.1.2. Rising penetration of digital payments worldwide
  - 3.1.1.3. Increasing smartphone subscriptions
- 3.1.2. Market Challenges
  - 3.1.2.1. Data privacy concerns with respect to digital gift cards
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing popularity of corporate gifting cultures
  - 3.1.3.2. Surge in internet-literate population

Chapter 4. Global Digital Gift Card Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Digital Gift Card Market, by Functional Attribute

6.1. Market Snapshot
6.2. Global Digital Gift Card Market by Functional Attribute, Performance - Potential Analysis
6.3. Global Digital Gift Card Market Estimates & Forecasts by Functional Attribute 2019-2029 (USD Billion)
6.4. Digital Gift Card Market, Sub Segment Analysis
- 6.4.1. Open loop gift card
- 6.4.2. Closed loop gift card

Chapter 7. Global Digital Gift Card Market, by End User

7.1. Market Snapshot
7.2. Global Digital Gift Card Market by End User, Performance - Potential Analysis
7.3. Global Digital Gift Card Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
7.4. Digital Gift Card Market, Sub Segment Analysis
- 7.4.1. Retail
- 7.4.2. Corporate

Chapter 8. Global Digital Gift Card Market, by Application

8.1. Market Snapshot
8.2. Global Digital Gift Card Market by Application, Performance - Potential Analysis
8.3. Global Digital Gift Card Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
8.4. Digital Gift Card Market, Sub Segment Analysis
- 8.4.1. Consumer Goods
- 8.4.2. Health & Wellness
- 8.4.3. Restaurants & Bars
- 8.4.4. Travel & Tourism
- 8.4.5. Media & Entertainment
- 8.4.6. Others

Chapter 9. Global Digital Gift Card Market, Regional Analysis

9.1. Digital Gift Card Market, Regional Market Snapshot
9.2. North America Digital Gift Card Market
- 9.2.1. U.S. Digital Gift Card Market
  - 9.2.1.1. Functional Attribute breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. End User breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. Application breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Digital Gift Card Market
9.3. Europe Digital Gift Card Market Snapshot
- 9.3.1. U.K. Digital Gift Card Market
- 9.3.2. Germany Digital Gift Card Market
- 9.3.3. France Digital Gift Card Market
- 9.3.4. Spain Digital Gift Card Market
- 9.3.5. Italy Digital Gift Card Market
- 9.3.6. Rest of Europe Digital Gift Card Market
9.4. Asia-Pacific Digital Gift Card Market Snapshot
- 9.4.1. China Digital Gift Card Market
- 9.4.2. India Digital Gift Card Market
- 9.4.3. Japan Digital Gift Card Market
- 9.4.4. Australia Digital Gift Card Market
- 9.4.5. South Korea Digital Gift Card Market
- 9.4.6. Rest of Asia Pacific Digital Gift Card Market
9.5. Latin America Digital Gift Card Market Snapshot
- 9.5.1. Brazil Digital Gift Card Market
- 9.5.2. Mexico Digital Gift Card Market
- 9.5.3. Rest of Latin America Digital Gift Card Market
9.6. Rest of The World Digital Gift Card Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. Amazon.com Inc
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Apple, Inc.
- 10.2.3. Blackhawk Network Holdings, Inc.
- 10.2.4. Fiserv, Inc.
- 10.2.5. InComm Payments
- 10.2.6. Loop Commerce, Inc.
- 10.2.7. National Gift Card Corporation
- 10.2.8. PayPal Holdings, Inc.
- 10.2.9. Target Brands, Inc.
- 10.2.10. Walmart Inc.

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Digital Gift Card Market, report scope
TABLE 2. Global Digital Gift Card Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Digital Gift Card Market estimates & forecasts by Functional Attribute 2019-2029 (USD Billion)
TABLE 4. Global Digital Gift Card Market estimates & forecasts by End User 2019-2029 (USD Billion)
TABLE 5. Global Digital Gift Card Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 6. Global Digital Gift Card Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Digital Gift Card Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Digital Gift Card Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Digital Gift Card Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Digital Gift Card Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Digital Gift Card Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Digital Gift Card Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Digital Gift Card Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Digital Gift Card Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Digital Gift Card Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Digital Gift Card Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Digital Gift Card Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Digital Gift Card Market
TABLE 71. List of primary sources, used in the study of global Digital Gift Card Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Digital Gift Card Market, research methodology
FIG 2. Global Digital Gift Card Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Digital Gift Card Market, key trends 2021
FIG 5. Global Digital Gift Card Market, growth prospects 2022-2029
FIG 6. Global Digital Gift Card Market, porters 5 force model
FIG 7. Global Digital Gift Card Market, pest analysis
FIG 8. Global Digital Gift Card Market, value chain analysis
FIG 9. Global Digital Gift Card Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Digital Gift Card Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Digital Gift Card Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Digital Gift Card Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Digital Gift Card Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Digital Gift Card Market, regional snapshot 2019 & 2029
FIG 15. North America Digital Gift Card Market 2019 & 2029 (USD Billion)
FIG 16. Europe Digital Gift Card Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Digital Gift Card Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Digital Gift Card Market 2019 & 2029 (USD Billion)
FIG 19. Global Digital Gift Card Market, company Market share analysis (2021)