The Global gift card market size was valued at $615.20 Billion in 2019 and is projected to reach $1,885.26 billion by 2026, growing at a compound annual growth rate (CAGR) of 15.4 % from 2020 to 2026.
With increase in application areas such as banking, retail stores and hospitality the gift card market is expected to witness a significant growth during the projected period. Also with increase in usage of Smart phones, and growth associated with e-commerce industries, technology innovation and need of advance promotional strategies drives the global gift card Market. The research study provides historical data from 2016 to 2019 along with forecast data from 2020 to 2026. This research study on Gift Card Market includes drivers and restraints along with the impact they have on the demand over the forecast period. Also this research study provides the opportunities available Gift Card Market on global level.
The Gift Card Market report has been segmented as By Type, By End-User and By Geographical region.
Gift card Market report by type is further bifurcated into Open Loop Gift Card and Closed Loop Gift Card. By End User the report is further bifurcated into Retail Establishments and Corporate Institutions.
Based on geography, the Gift Card Market is divided into North America, Europe, Asia-Pacific, South America and Middle East and Africa. North America is further divided into the US, Canada, Mexico whereas Europe consists of the UK, Germany, France, Italy and Rest of Europe. Asia-Pacific is segmented into Japan, South Korea, India, China and Rest of Asia-Pacific. The South America region includes Brazil, Argentina and the Rest of South America, while the Middle East and Africa is categorized into GCC Countries, Egypt, South Africa and Rest of Middle East and Africa.
Key Players operating in Gift Card Market are Amazon.com, Inc., American Express, Blackhawk Network Holdings, Inc., First Data Corporation, Fiserv, Inc., Givex Corporation, InComm Inc, Qwikcilver Solutions Pvt Ltd, NGC US, LLC, Paytronix Systems, Inc.
Global Gift Card Market Key Segments
Open Loop Gift Card
Closed Loop Gift Card
North America ( USA, Canada, Mexico)
Europe(UK, Germany, France, Italy and Rest of Europe)
Asia-Pacific(Japan, South Korea, India, China and Rest of Asia-Pacific)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC Countries, Egypt, South Africa and Rest of Middle East and Africa)
By Key Players
Blackhawk Network Holding Inc.
First Data Corporation
Qwikcilver Solutions Pvt Ltd
NGC US, LLC
Paytronix Systems, Inc.
|Market Size Available||2018-2026|
|Segments Covered||Type, End User|
|Geographical Regional Covered||NorthAmerica, Europe, APAC, Latin America and MEA|
|Companies Covered||Amazon.com, Inc. American Express Blackhawk Network Holding Inc.,First Data Corporation, Fiserv, Inc., Givex Corporation, InComm Inc, Qwikcilver Solutions Pvt Ltd, NGC US, LLC, Paytronix Systems, Inc.|
Key Questions answered in this report:
Full In Depth Analysis of Gift Card Market?
What was the market size from 2016 to 2019?
What will be the market growth till 2026?
What are the market drivers, restraints and opportunities and their impact on the market?
Detailed segmentation of the market?
What are the key strategies of Major players?