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Gift Cards Market Expected to Create $1.92 Trillion by 2027: At 15.4% CAGR 08-01-2023 01:21 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: www.alliedmarketresearch.com (adsbygoogle = window.adsbygoogle || []).push({}); Gift card market is expected to reach $1,922.87 billion by 2027, growing at a CAGR of 15.4% between 2020 and 2027. In 2019, the market was worth $619.25 billion. The changing dynamics of the market, key winning strategies, business performance, major segments, and competitive scenarios are all thoroughly examined in the report. Get a sample copy of this report : https://www.alliedmarketresearch.com/request-sample/4344 (adsbygoogle = window.adsbygoogle || []).push({}); Leading market players analyzed in the research include American Express, Amazon.com, Inc., First Data Corporation, Blackhawk Network Holdings, Inc., Givex Corporation, Fiserv, Inc., NGC US LLC, InComm Inc, Paytronix Systems, Inc, and Qwikcilver Solutions Pvt Ltd. The global gift card market is expanding due to an increase in application areas like banking, hospitality, and retail stores as well as technological innovation in product offerings. Nonetheless, different kinds of expenses related with card exchanges block the market development. Then again, flood popular for gift vouchers from creating economies, for example, China and India sets out new open doors for the market player before long. The report offers point by point division of the worldwide gift cards market in view of card type, end client, and district. Inquire Before Buying https://www.alliedmarketresearch.com/purchase-enquiry/4344 In view of card type, the shut circle card fragment added to the biggest offer in 2019, representing more than 66% of the complete offer, and is assessed to keep up with its predominant situation during the gauge time frame. Notwithstanding, the open-circle card section is assessed to depict the most noteworthy CAGR of 17.1% during the estimate time frame. In view of end client, the retail foundation fragment represented the biggest offer in 2019, holding more than 66% of the complete offer, and is supposed to keep up with the biggest offer all through the figure time frame. Be that as it may, the corporate foundations section is supposed to enroll the most elevated CAGR of 16.8% from 2020 to 2027. In view of locale, North America contributed the most elevated share, representing more than two-fifths of the absolute market share in 2019, and will keep up with its strength all through the conjecture period. In any case, Asia-Pacific is likewise expected to develop at the most noteworthy CAGR of 17.0% from 2020 to 2027. Key benefits for stakeholders This report provides a quantitative analysis of the gift cards market segments, current trends, estimations, and dynamics of the gift cards market forecast from 2022 to 2032 to identify the prevailing gift cards market opportunity. Market research is offered along with information related to key drivers, restraints, and opportunities. Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network. In-depth analysis of the gift cards market outlook assists to determine the prevailing market opportunities. Major countries in each region are mapped according to their revenue contribution to the global market. Gift cards Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the gift cards market players. The report includes an analysis of the regional as well as global gift cards market trends, key players, market segments, application areas, and gift cards market growth strategies. Request Customization https://www.alliedmarketresearch.com/request-for-customization/4344 By Card Type Closed-loop Card Open-loop Card By End User Retail Establishment Corporate Institutions By Region North America (U.S., Canada) Europe (UK, Germany, France, Netherlands, Spain, Italy, Nordic Countries, Rest of Europe) Asia-Pacific (China, India, Japan, Australia, South Korea, Rest of Asia-Pacific) LAMEA (Latin America, Middle East, Africa) Key Market Players American Express Company, Amazon.com Inc., Fiserv, Inc., Walmart Inc., Paytronix Systems, Inc., InComm Payments LLC, Givex Corporation, PayPal, Inc., Blackhawk Network, Qwikcilver Solutions Pvt Ltd. Trending Reports: Bitcoin Mining Hardware Market : https://www.alliedmarketresearch.com/bitcoin-mining-hardware-market-A47357 Road Assistance Insurance Market : https://www.alliedmarketresearch.com/road-assistance-insurance-market-A31872 Smart Finance Hardware Market : https://www.alliedmarketresearch.com/smart-finance-hardware-market-A31798 Voice Banking Market : https://www.alliedmarketresearch.com/voice-banking-market-A31730 Gadget Insurance Market : https://www.alliedmarketresearch.com/gadget-insurance-market-A11629 Automated Algo Trading Market : https://www.alliedmarketresearch.com/automated-algo-trading-market-A19438 David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. 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