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Gift Cards Market by Card Type and End User: Global Opportunity Analysis and Industry Forecast, 2020-2027

  • ID: 5125524
  • Report
  • December 2020
  • Region: Global
  • 202 pages
  • Allied Analytics LLP

FEATURED COMPANIES

  • Amazon.com Inc.
  • American Express
  • First Data Corporation
  • Fiserv Inc.
  • NGC US LLC
  • Paytronix Systems Inc
A gift card is similar to a prepaid debit card that consists of a specific amount of money that can be used for purchasing goods. Many gift cards have certain limit i.e., minimum and maximum initial loading amount. For instance, minimum amount is $10, and maximum is $500. Generally, gift cards are used to pay for a portion of a purchase with cash, debit, or credit to balance the expense. As a precaution to mitigate the risk of losses, many gift cards are registered online, which allows the remaining balance to be tracked and frozen if a card is lost. Gift cards provide more security as compared to cash and are easily traceable, which can avoid fraudulent activities
.

The rise in the adoption of advance technologies in the payment sector and surge in awareness of digital payment across the globe are major factors that propel the market growth. In addition, the high adoption of smartphones and rise in the adoption of gift cards by corporate offices & financial institutions further fuel growth of the gift cards market. However, security concerns with respect to gift cards is expected to hamper the market growth. Furthermore, surge in demand for gift cards from developing countries is expected to offer lucrative opportunities for the market in the upcoming years.

The gift cards market is segmented on the basis of card type, end user, and region. In terms of card type, it is divided into closed-loop card and open-loop card. Based on end user, it is bifurcated into retail establishment and corporate institutions. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report analyses the profiles of key players operating in the market include Amazon.com, Inc., American Express Company, Blackhawk Network Holdings, Inc., Fiserv, Inc., Givex Corporation, InComm Payments, PayPal, Inc., Paytronix Systems, Inc., Qwikcilver Solutions Pvt Ltd., and Walmart Inc.. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Key benefits for Stakeholders
  • The study provides in-depth analysis of the global gift cards market along with the current & future trends to illustrate the imminent investment pockets.
  • Information about key drivers, restrains, & opportunities and their impact analysis on the market size are provided in the report.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
  • The quantitative analysis of the global gift cards market from 2020 to 2027 is provided to determine the market potential.
Key Market Segments

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
  • Amazon.com, Inc.
  • American Express Company
  • Blackhawk Network Holdings, Inc.
  • Fiserv, Inc.
  • Givex Corporation
  • InComm Payments
  • PayPal, Inc.
  • Paytronix Systems, Inc.
  • Qwikcilver Solutions Pvt Ltd.
  • Walmart Inc.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Amazon.com Inc.
  • American Express
  • First Data Corporation
  • Fiserv Inc.
  • NGC US LLC
  • Paytronix Systems Inc
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for Stakeholders
1.3. Key Market Segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings
2.1.1. Top impacting factors
2.1.2. Top investment pockets
2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key forces shaping gift cards industry/market
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Rise in demand for advanced payment solutions
3.4.1.2. High adoption rate of smartphones
3.4.1.3. Increase in demand for innovative products
3.4.2. Restraint
3.4.2.1. Lack of security
3.4.3. Opportunity
3.4.3.1. Surge in demand for gift cards from developing countries
3.1. COVID-19 impact analysis on gift cards market
3.1.1. Impact on gift card market size
3.1.2. Change in consumer trends, preferences, and budget impact due to COVID-19
3.1.3. Framework for solving market challenges faced by gift cards solution providers
3.1.4. Economic impact on gift cards solution providers
3.1.5. Key player strategies to tackle the negative impact
3.1.6. Opportunity window analysis for gift cards solution providers

CHAPTER 4: GIFT CARDS MARKET, BY CARD TYPE
4.1. Overview
4.2. Closed-loop Card
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market analysis, by region
4.2.3. Market analysis, by country
4.3. Open-loop Card
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country

CHAPTER 5: GIFT CARDS MARKET, BY END USER
5.1. Overview
5.2. Retail Establishments
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market analysis, by region
5.2.3. Market analysis, by country
5.3. Corporate Institutions
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market analysis, by region
5.3.3. Market analysis, by country

CHAPTER 6: GIFT CARDS MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast, by region
6.2. North America
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by card type
6.2.3. Market size and forecast, by end user
6.2.4. Market analysis, by country
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast, by card type
6.2.4.1.2. Market size and forecast, by end user
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by card type
6.2.4.2.2. Market size and forecast, by end user
6.3. Europe
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by card type
6.3.3. Market size and forecast, by end user
6.3.4. Market analysis, by country
6.3.4.1. UK
6.3.4.1.1. Market size and forecast, by card type
6.3.4.1.2. Market size and forecast, by end user
6.3.4.2. Germany
6.3.4.2.1. Market size and forecast, by card type
6.3.4.2.2. Market size and forecast, by end user
6.3.4.3. France
6.3.4.3.1. Market size and forecast, by card type
6.3.4.3.2. Market size and forecast, by end user
6.3.4.4. Netherlands
6.3.4.4.1. Market size and forecast, by card type
6.3.4.4.2. Market size and forecast, by end user
6.3.4.5. Spain
6.3.4.5.1. Market size and forecast, by card type
6.3.4.5.2. Market size and forecast, by end user
6.3.4.6. Italy
6.3.4.6.1. Market size and forecast, by card type
6.3.4.6.2. Market size and forecast, by end user
6.3.4.7. Nordic Countries
6.3.4.7.1. Market size and forecast, by card type
6.3.4.7.2. Market size and forecast, by end user
6.3.4.8. Rest of Europe
6.3.4.8.1. Market size and forecast, by card type
6.3.4.8.2. Market size and forecast, by end user
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by card type
6.4.3. Market size and forecast, by end user
6.4.4. Market analysis, by country
6.4.4.1. China
6.4.4.1.1. Market size and forecast, by card type
6.4.4.1.2. Market size and forecast, by end user
6.4.4.2. India
6.4.4.2.1. Market size and forecast, by card type
6.4.4.2.2. Market size and forecast, by end user
6.4.4.3. Japan
6.4.4.3.1. Market size and forecast, by card type
6.4.4.3.2. Market size and forecast, by end user
6.4.4.4. Australia
6.4.4.4.1. Market size and forecast, by card type
6.4.4.4.2. Market size and forecast, by end user
6.4.4.5. South Korea
6.4.4.5.1. Market size and forecast, by card type
6.4.4.5.2. Market size and forecast, by end user
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Market size and forecast, by card type
6.4.4.6.2. Market size and forecast, by end user
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by card type
6.5.3. Market size and forecast, by end user
6.5.4. Market analysis, by country
6.5.4.1. Latin America
6.5.4.1.1. Market size and forecast, by card type
6.5.4.1.2. Market size and forecast, by end user
6.5.4.2. Middle East
6.5.4.2.1. Market size and forecast, by card type
6.5.4.2.2. Market size and forecast, by end user
6.5.4.3. Africa
6.5.4.3.1. Market size and forecast, by card type
6.5.4.3.2. Market size and forecast, by end user

CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.1.1. Market player positioning, 2019
7.1.2. Top winning strategies

CHAPTER 8: COMPANY PROFILES
8.1. AMAZON. COM, INC.
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.1.6. Business performance
8.1.7. Key strategic moves and developments
8.2. AMERicAN EXPRESS COMPANY
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.2.6. Business performance
8.3. BLACKHAWK NETWORK HOLDINGS, INC.
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Product portfolio
8.3.5. Key strategic moves and developments
8.4. FISERV, INC.
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.4.6. Business performance
8.5. GIVEX CORPORATION
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Product portfolio
8.5.5. Key strategic moves and developments
8.6. INCOMM PAYMENTS
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Product portfolio
8.6.5. Key strategic moves and developments
8.7. PAYPAL, INC.
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.7.4. Product portfolio
8.7.5. Business performance
8.8. PAYTRONIX SYSTEMS, INC.
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.8.4. Product portfolio
8.8.5. Key strategic moves and developments
8.9. QWIKCILVER SOLUTIONS PVT LTD.
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.9.4. Product portfolio
8.10. WALMART INC.
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Product portfolio
8.10.5. Business performance

List of Tables
Table 01. Gift Cards Market, Card by Type, 2019-2027 ($Billion)
Table 02. Closed-Loop Gift Card Market Revenue, by Region 2019-2027 ($Billion)
Table 03. Open-Loop Gift Card Market Revenue, by Region 2019-2027 ($Billion)
Table 04. Gift Cards Market Revenue, by End-user, 2019-2027 ($Billion)
Table 05. Gift Cards Market Revenue for Retail Establishments, by Region 2019-2027($Billion)
Table 06. Gift Cards Market Revenue for Corporate Institutions, by Region 2019-2027($Billion)
Table 07. Gift Cards Market Revenue, by Region, 2019-2027 ($Billion)
Table 08. North America Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 09. North America Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 10. U.S. Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 11. U.S. Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 12. Canada Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 13. Canada Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 14. Europe Gift Card Market Revenue, by Card Type, 2019-2027($Billion)
Table 15. Europe Gift Card Market Revenue, by End-user, 2019-2027($Billion)
Table 16. Europe Gift Card Market Revenue, by Country, 2019-2027($Billion)
Table 17. UK Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 18. UK Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 19. Germany Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 20. Germany Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 21. France Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 22. France Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 23. Netherlands Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 24. Netherlands Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 25. Spain Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 26. Spain Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 27. Italy Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 28. Italy Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 29. Nordic Countries Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 30. Nordic Countries Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 31. Rest of Europe Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 32. Rest of Europe Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 33. Asia-Pacific Gift Card Market Revenue, by Card Type, 2019-2027($Billion)
Table 34. Asia-Pacific Gift Card Market Revenue, by End-user, 2019-2027($Billion)
Table 35. Asia-Pacific Gift Card Market Revenue, by Country, 2019-2027($Billion)
Table 36. China Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 37. China Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 38. India Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 39. India Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 40. Japan Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 41. Japan Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 42. Australia Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 43. Australia Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 44. South Korea Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 45. South Korea Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 46. Rest of Asia-Pacific Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 47. Rest of Asia-Pacific Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 48. Lamea Gift Card Market Revenue, by Card Type, 2019-2027($Billion)
Table 49. Lamea Gift Card Market Revenue, by End-user, 2019-2027($Billion)
Table 50. Latin America Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 51. Latin America Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 52. Middle East Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 53. Middle East Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 54. Africa Gift Cards Market Revenue, by Card Type, 2019-2027($Billion)
Table 55. Africa Gift Cards Market Revenue, by End-user, 2019-2027($Billion)
Table 56. Amazon. Com, Inc: Key Executives
Table 57. Amazon. Com, Inc: Company Snapshot
Table 58. Amazon. Com Inc: Operating Segments
Table 59. Amazon. Com, Inc: Product Portfolio
Table 60. American Express Company: Key Executives
Table 61. American Express Company: Company Snapshot
Table 62. American Express Company: Operating Segments
Table 63. American Express Company: Product Portfolio
Table 64. Blackhawk Network Holdings, Inc: Key Executives
Table 65. Blackhawk Network Holdings, Inc: Company Snapshot
Table 66. Blackhawk Network Holdings, Inc: Product Portfolio
Table 67. Fiserv, Inc: Key Executives
Table 68. Fiserv, Inc: Company Snapshot
Table 69. Fiserv, Inc: Operating Segments
Table 70. Fiserv, Inc: Product Portfolio
Table 71. Givex Corporation: Key Executives
Table 72. Givex Corporation: Company Snapshot
Table 73. Givex Corporation: Product Portfolio
Table 74. Incomm Payments: Key Executives
Table 75. Incomm Payments: Company Snapshot
Table 76. Incomm Payments: Product Portfolio
Table 77. Paypal, Inc: Key Executives
Table 78. Paypal, Inc: Company Snapshot
Table 79. Paypal, Inc: Product Portfolio
Table 80. Paytronix Systems, Inc: Key Executives
Table 81. Paytronix Systems, Inc: Company Snapshot
Table 82. Paytronix Systems, Inc: Product Portfolio
Table 83. Qwikcilver Solutions Pvt Ltd: Key Executives
Table 84. Qwikcilver Solutions Pvt Ltd: Company Snapshot
Table 85. Qwikcilver Solutions Pvt Ltd: Product Portfolio
Table 86. Walmart Inc: Key Executives
Table 87. Walmart Inc: Company Snapshot
Table 88. Walmart Inc: Product Portfolio

List of Figures
Figure 01. Key Market Segments
Figure 02. Gift Cards Market Snapshot, by Segmentation
Figure 03. Gift Cards Market Snapshot, by Region
Figure 04. Top Impacting Factors
Figure 05. Top Investment Pockets
Figure 06. Low-To-Moderate Bargaining Power of Supplier
Figure 07. Moderate Threat of New Entrants
Figure 08. Moderate Threat of Substitutes
Figure 09. Moderate Intensity of Rivalry
Figure 10. Moderate Bargaining Power of Buyers
Figure 11. Gift Cards Market, by Card Type, 2019-2027
Figure 12. Comparative Share Analysis of Closed-Loop Gift Card Market, by Country, 2019 & 2027 (%)
Figure 13. Comparative Share Analysis of Open-Loop Gift Card Market, by Country, 2019 & 2027 (%)
Figure 14. Gift Cards Market, by End-user, 2020-2027
Figure 15. Comparative Share Analysis of Gift Cards Market for Retail Establishments, by Country, 2019 & 2027 (%)
Figure 16. Comparative Share Analysis of Gift Cards Market for Corporate Institutions, by Country, 2019 & 2027 (%)
Figure 17. North America Gift Cards Market Revenue, by Country, 2019-2027($Billion)
Figure 18. U.S. Gift Cards Market Revenue, 2019-2027($Billion)
Figure 19. Canada Gift Cards Market Revenue, 2019-2027($Billion)
Figure 20. UK Gift Cards Market Revenue, 2019-2027($Billion)
Figure 21. Germany Gift Cards Market Revenue, 2019-2027($Billion)
Figure 22. France Gift Cards Market Revenue, 2019-2027($Billion)
Figure 23. Netherlands Gift Cards Market Revenue, 2019-2027($Billion)
Figure 24. Spain Gift Cards Market Revenue, 2019-2027($Billion)
Figure 25. Italy Gift Cards Market Revenue, 2019-2027($Billion)
Figure 26. Nordic Countries Gift Cards Market Revenue, 2019-2027($Billion)
Figure 27. Rest of Europe Gift Cards Market Revenue, 2019-2027($Billion)
Figure 28. China Gift Cards Market Revenue, 2019-2027($Billion)
Figure 29. India Gift Cards Market Revenue, 2019-2027($Billion)
Figure 30. Japan Gift Cards Market Revenue, 2019-2027($Billion)
Figure 31. Australia Gift Cards Market Revenue, 2019-2027($Billion)
Figure 32. South Korea Gift Cards Market Revenue, 2019-2027($Billion)
Figure 33. Rest of Asia-Pacific Gift Cards Market Revenue, 2019-2027($Billion)
Figure 34. Lamea Gift Cards Market, by Country, 2019-2027
Figure 35. Latin America Gift Cards Market Revenue, 2019-2027($Billion)
Figure 36. Middle East Gift Cards Market Revenue, 2019-2027($Billion)
Figure 37. Africa Gift Cards Market Revenue, 2019-2027($Billion)
Figure 38. Market Player Positioning, 2019
Figure 39. Top Winning Strategies, by Year, 2018-2020
Figure 40. Top Winning Strategies, by Development, 2018-2020
Figure 41. Top Winning Strategies, by Company, 2018-2020
Figure 42. Amazon. Com, Inc.: Net Sales, 2017-2019 ($Million)
Figure 43. Amazon. Com, Inc.: Revenue Share, by Segment (2019)
Figure 44. Amazon. Com, Inc.: Revenue Share, by Region (2019)
Figure 45. American Express Company: Net Sales, 2017-2019 ($Million)
Figure 46. American Express Company: Revenue Share, by Segment (2019)
Figure 47. American Express Company: Revenue Share, by Region (2019)
Figure 48. Fiserv, Inc.: Revenue, 2017-2019 ($Million)
Figure 49. Fiserv, Inc.: Revenue Share, by Segment, 2019 (%)
Figure 50. Fiserv, Inc.: Revenue Share, by Region, 2019 (%)
Figure 51. Paypal, Inc.: Net Sales, 2017-2019 ($Million)
Figure 52. Paypal, Inc.: Revenue Share, by Region (2019)
Figure 53. Walmart Inc.: Net Sales, 2017-2019 ($Million)
Figure 54. Walmart Inc.: Revenue Share, by Region (2019)
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Amazon.com Inc.
  • American Express
  • First Data Corporation
  • Fiserv Inc.
  • NGC US LLC
  • Paytronix Systems Inc
The report, titled, 'Gift cards Market by Card Type, and End User: Opportunity Analysis and Industry Forecast, 2020-2027' projects that the global gift cards market size was valued at $619.25 billion in 2019, and is projected to reach $1,922.87 billion by 2027, growing at a CAGR of 14.9% from 2020 to 2027. North America is the highest revenue contributor across the globe; owing to increase in government initiatives for the adoption of digital payments alternatives for cash in many sectors such as hospitality, banking, corporate institutions, and retailers.

Technological innovations in product offerings, rise in adoption of digital gift cards by the retail industry in the U.S. and Canada and promotion of gift card programs through omnichannel, provides gift cards that can be availed through store locations, offering online ordering with physical card delivery, online app/mobile app ordering with digital delivery and high adoption of smartphones are driving the gifts card market growth. Furthermore, North America has one of the most advanced and well-established payment infrastructures globally, which has been driving the gift cards market trends in the region. Moreover, the gift card vendors have started investing in Asia-Pacific region, owing to improved ICT infrastructure in majority of the countries such as China, India, Malaysia, Australia, and Japan, which is creating lucrative opportunities for the gift cards market in Asia-Pacific region.

Gift cards have become more innovative with the rapid evolution of smart phones. The use of modern technology and marketing strategies has created different ways for gift card lovers and smartphone users to integrate everything into one convenient package. The increased adoption of smart phones is expected to boost the gift cards market by offering flexible & convenient way of payment for the customers. For instance, Gyft that is available on iPhone and Android is one of the most popular solutions. Users can load their gift cards into the app and use whenever they’re out shopping. In addition, occasion-based gifting, personalized gifting, festive season gifting, and corporate gifting support the growth. Moreover, the presence of number of e-commerce giants such Amazon, e-bay, and Alibaba has also been impacting the gift cards market growth in a positive manner.

The closed loop gift card segment is expected to garner a significant share during the forecast period. As the closed loop gift cards can be used only at one store or with one corporate brand, it ensures that the recipients returning business them in the future. However, the open loop prepaid card segment is expected to grow at the highest rate during the forecast period, owing to its wider acceptance in every place such as general purpose cards. By end user, the retail establishments segment accounted for the major share in global gift cards industry in the recent years.

Key Findings of the Study:

By card type, the open loop gift card segment is expected to attain the highest CAGR during the forecast period.
By end user, the retail establishments segment accounted for the highest gift cards market share in 2019.
By region, North America generated the highest revenue in 2019.
By region, Asia-Pacific is expected to attain the highest CAGR during the forecast period.

The major companies profiled in the gift cards market include Amazon.com, Inc., American Express, Blackhawk Network Holdings, Inc., First Data Corporation, Fiserv, Inc., Givex Corporation, InComm Inc., NGC US, LLC, Qwikcilver Solutions Pvt Ltd, and Paytronix Systems, Inc.
Note: Product cover images may vary from those shown
  • Amazon.com Inc.
  • American Express
  • Blackhawk Network Holdings Inc.
  • First Data Corporation
  • Fiserv Inc.
  • Givex Corporation Inc.mm Inc.
  • NGC US LLC
  • Qwikcilver Solutions Pvt Ltd.
  • Paytronix Systems Inc
Note: Product cover images may vary from those shown

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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