The Europe Digital Gift Card Market should witness market growth of 13.5% CAGR during the forecast period (2022-2028).
Digital cards may assist companies that have both a physical location and an online site in increasing their local presence. For instance, if your brick-and-mortar business is near someone, they may be informed when you have a deal if they use digital cards on the website.
Brand Awareness is a key advantage of digital gift cards. It's extremely likely that the recipient of the gift card has never heard of the company. With a gift card, they may test out your goods and get more understanding of your company. If the receiver like your products, there is a potential that he or she would purchase a comparable gift card for a friend or family member, increasing company recognition.
Gift cards and vouchers were sold as presents in UK retail establishments for around £2.5 billion in 2013, while companies spent another £2.25 billion on them as employee or client incentives. The gift card and voucher sector expanded by 10% in the third quarter of 2014, according to a UKGCVA study. The current market value of the UK industry is £5 billion.
The Germany market dominated the Europe Digital Gift Card Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $48, 174.4 Million by 2028.The UK market is anticipated to grow at a CAGR of 12.5% during (2022-2028). Additionally, The France market would exhibit a CAGR of 14.3% during (2022-2028).
Based on Functional Attribute, the market is segmented into Closed-loop Card and Open-loop Card. Based on End-user, the market is segmented into Retail and Corporate. Based on Application, the market is segmented into Consumer Goods, Health & Wellness, Restaurants & Bars, Travel & Tourism, Media & Entertainment and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., Fiserv, Inc., PayPal Holdings, Inc., Walmart, Inc., Amazon.com, Inc., Target Corporation (Target Brands, Inc.), Loop Commerce, Inc (Synchrony Financial), InComm Payments, and Blackhawk Network Holdings, Inc.
Digital cards may assist companies that have both a physical location and an online site in increasing their local presence. For instance, if your brick-and-mortar business is near someone, they may be informed when you have a deal if they use digital cards on the website.
Brand Awareness is a key advantage of digital gift cards. It's extremely likely that the recipient of the gift card has never heard of the company. With a gift card, they may test out your goods and get more understanding of your company. If the receiver like your products, there is a potential that he or she would purchase a comparable gift card for a friend or family member, increasing company recognition.
Gift cards and vouchers were sold as presents in UK retail establishments for around £2.5 billion in 2013, while companies spent another £2.25 billion on them as employee or client incentives. The gift card and voucher sector expanded by 10% in the third quarter of 2014, according to a UKGCVA study. The current market value of the UK industry is £5 billion.
The Germany market dominated the Europe Digital Gift Card Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $48, 174.4 Million by 2028.The UK market is anticipated to grow at a CAGR of 12.5% during (2022-2028). Additionally, The France market would exhibit a CAGR of 14.3% during (2022-2028).
Based on Functional Attribute, the market is segmented into Closed-loop Card and Open-loop Card. Based on End-user, the market is segmented into Retail and Corporate. Based on Application, the market is segmented into Consumer Goods, Health & Wellness, Restaurants & Bars, Travel & Tourism, Media & Entertainment and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., Fiserv, Inc., PayPal Holdings, Inc., Walmart, Inc., Amazon.com, Inc., Target Corporation (Target Brands, Inc.), Loop Commerce, Inc (Synchrony Financial), InComm Payments, and Blackhawk Network Holdings, Inc.
Scope of the Study
By Functional Attribute
- Closed-loop Card
- Open-loop Card
By End-user
- Retail
- Corporate
By Application
- Consumer Goods
- Health & Wellness
- Restaurants & Bars
- Travel & Tourism
- Media & Entertainment
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Apple, Inc.
- Fiserv, Inc.
- PayPal Holdings, Inc.
- Walmart, Inc.
- Amazon.com, Inc.
- Target Corporation (Target Brands, Inc.)
- Loop Commerce, Inc (Synchrony Financial)
- InComm Payments
- Blackhawk Network Holdings, Inc.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Digital Gift Card Market, by Functional Attribute
1.4.2 Europe Digital Gift Card Market, by End User
1.4.3 Europe Digital Gift Card Market, by Application
1.4.4 Europe Digital Gift Card Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Digital Gift Card Market
Chapter 4. Europe Digital Gift Card Market by Functional Attribute
4.1 Europe Closed-loop Card Market by Country
4.2 Europe Open-loop Card Market by Country
Chapter 5. Europe Digital Gift Card Market by End-User
5.1 Europe Retail Market by Country
5.2 Europe Corporate Market by Country
Chapter 6. Europe Digital Gift Card Market by Application
6.1 Europe Consumer Goods Market by Country
6.2 Europe Health & Wellness Market by Country
6.3 Europe Restaurants & Bars Market by Country
6.4 Europe Travel & Tourism Market by Country
6.5 Europe Media & Entertainment Market by Country
6.6 Europe Others Market by Country
Chapter 7. Europe Digital Gift Card Market by Country
7.1 Germany Digital Gift Card Market
7.1.1 Germany Digital Gift Card Market by Functional Attribute
7.1.2 Germany Digital Gift Card Market by End-User
7.1.3 Germany Digital Gift Card Market by Application
7.2 UK Digital Gift Card Market
7.2.1 UK Digital Gift Card Market by Functional Attribute
7.2.2 UK Digital Gift Card Market by End-User
7.2.3 UK Digital Gift Card Market by Application
7.3 France Digital Gift Card Market
7.3.1 France Digital Gift Card Market by Functional Attribute
7.3.2 France Digital Gift Card Market by End-User
7.3.3 France Digital Gift Card Market by Application
7.4 Russia Digital Gift Card Market
7.4.1 Russia Digital Gift Card Market by Functional Attribute
7.4.2 Russia Digital Gift Card Market by End-User
7.4.3 Russia Digital Gift Card Market by Application
7.5 Spain Digital Gift Card Market
7.5.1 Spain Digital Gift Card Market by Functional Attribute
7.5.2 Spain Digital Gift Card Market by End-User
7.5.3 Spain Digital Gift Card Market by Application
7.6 Italy Digital Gift Card Market
7.6.1 Italy Digital Gift Card Market by Functional Attribute
7.6.2 Italy Digital Gift Card Market by End-User
7.6.3 Italy Digital Gift Card Market by Application
7.7 Rest of Europe Digital Gift Card Market
7.7.1 Rest of Europe Digital Gift Card Market by Functional Attribute
7.7.2 Rest of Europe Digital Gift Card Market by End-User
7.7.3 Rest of Europe Digital Gift Card Market by Application
Chapter 8. Company Profiles
8.1 Apple, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Fiserv, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Acquisition and Mergers:
8.2.5 SWOT Analysis
8.3 PayPal Holdings, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Partnerships, Collaborations, and Agreements:
8.5 Amazon.com, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Product Launches and Product Expansions:
8.5.5 SWOT Analysis
8.6 Target Corporation (Target Brands, Inc.)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.7 Loop Commerce, Inc (Synchrony Financial)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.8 InComm Payments
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Acquisition and Mergers:
8.9 Blackhawk Network Holdings, Inc.
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.9.2.2 Acquisition and Mergers:
Companies Mentioned
- Apple, Inc.
- Fiserv, Inc.
- PayPal Holdings, Inc.
- Walmart, Inc.
- Amazon.com, Inc.
- Target Corporation (Target Brands, Inc.)
- Loop Commerce, Inc (Synchrony Financial)
- InComm Payments
- Blackhawk Network Holdings, Inc.
Methodology
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