Digital Gift Cards Market Trends, Industry Analysis 2022-28

January 3, 2023 ⚊ 1 Min read ⚊ Views 58 ⚊ BUSINESS

The global digital gift cards market size was valued at USD 298.14 billion in 2021 and is expected to reach USD 818.10 billion by 2028, at a CAGR of 15.5% during the forecast period 2022-2028. Digital gift cards, sometimes referred to as e-gift cards, gift certificates, and vouchers, are electronic counterparts of traditional gift cards provided by retailers. These cards work by utilising gift codes provided by retailers and can be sent via email or mobile applications. Digital gift cards are frequently used in development plans to promote businesses, raise brand recognition, reduce fraud, and attract new clients, among other things.

Read details: https://precisionbusinessinsights.com/market-reports/digital-gift-cards-market/

Tags: Digital Gift Cards Market

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