Gift Cards Market Size Boosting The Growth Worldwide

Gift Cards Market Size Boosting The Growth Worldwide |The global gift cards market was valued at £679,743 million in 2016, and is projected to reach £3,003,320 million by 2023, growing at a CAGR of 24.0% from 2017 to 2023. A gift card is a stored value card that is utilized as an alternative for money at a particular store or business for purchases related to goods or services. Gift cards are also known as gift certificate, gift voucher, gift token, and others, which are generally issued by a retailer or bank as a developmental strategy used for promoting a particular function.

These cards can be used at a selected outlet or group outlets depending on the issuing authority. Gift cards are an improved version of paper gift certificates earlier used for transaction purposes.
Request To Download Sample of This Strategic Report:-https://reportocean.com/industry-verticals/sample-request?report_id=AMR428

The gift cards market is expected to experience significant growth during the forecast period, owing to technological innovation in product offerings, increase in application areas among end users, increased market for prepaid cards, rise in need for advanced promotional strategies, high adoption rate of smartphones, growth associated with e-commerce and m-commerce industry, increased spending capacity of consumers, and flexibility associated with ease of use feature drive the global gift cards market. Moreover, increase in popularity of these cards during traveling abroad are expected to boost the gift cards market growth in the future.

However, diverse types of fees associated with card transaction and dearth of security measures as compared to credit or debit cards are major restraints that hinder the growth of the market. The global gift cards market is segmented based on functional attribute, industry vertical, and region. Based on functional attribute, it is bifurcated into open loop and closed loop.

Based on industry vertical, it is divided into retail and corporate institutions. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. KEY BENEFITS FOR STAKEHOLDERS

This report provides an overview of the trends, structure, drivers, challenges, and opportunities in the global gift cards market.
Porter’s Five Forces analysis highlights the potential of buyers & suppliers, and provides insights on the competitive structure of the market to determine the investment pockets.
Current and future trends adopted by the key market players are highlighted to determine overall competitiveness.
The quantitative analysis of the gift cards market growth from 2017 to 2023 is provided to elaborate the market potential. Key Players Profiled in the Report First Data Corporation
Qwikcilver Solutions Pvt.

Ltd.
National Gift Card Corp.
Blackhawk Network Holdings, Inc.
Plastek Card Solutions, Inc.
Duracard
DOCUMAX INC.
Vantiv
TenderCard
TransGate Solutions Request To Download Sample of This Strategic Report:-https://reportocean.com/industry-verticals/sample-request?report_id=AMR428 Key Market Segments

By Functional Attribute Open Loop
Closed Loop By Industry Vertical

Retail
Corporate institutions By Region North America
U.S.
Canada
Mexico
Europe
UK
France
Germany
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Arica

Request full Report :https://reportocean.com/industry-verticals/sample-request?report_id=AMR428 About Report Ocean: We are the best market research reports provider in the industry.

Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Report Ocean is a ‘one-stop solution’ for individuals, organizations, and industries that are looking for innovative market research reports. Get in Touch with Us:
Report Ocean:
Email:[email protected]
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES
Tel:+1 888 212 3539 (US – TOLL FREE)
Website:https://www.reportocean.com

This release was published on openPR.

funkyhampers listed on couponmatrix.ukideal-of-sweden listed on couponmatrix.ukmobiles-co-uk listed on couponmatrix.uknewitts listed on couponmatrix.ukrspb listed on couponmatrix.uktp-toys listed on couponmatrix.uk
funkyhampers listed on couponmatrix.ukWhether you're consoling or celebrating, give someone you love a gift with a difference from FunkyHampers - visit the website to browse through chocolates aplenty and bouquets galore! With a FunkyHampers voucher code in hand you'll be able to pick out the perfect present without blowing your budget. Now's your chance to go all out on a gorgeous hamper filled with bubbly, sweet treats, personalised items, pretty posies and more.
ideal-of-sweden listed on couponmatrix.ukEven your handheld gadgets get to dress and impress with Ideal of Sweden – the phone case, accessory and bag designers with an eye for style. Inspired by the latest runway fashion, put your chic pattern of choice on your phone before capitalising with an Ideal of Sweden discount code. With the ability to instantly switch between cases and other gadgets through an easy-to-use magnetic strip, you can set up your device with a fresh look every week.
mobiles-co-uk listed on couponmatrix.ukTo make sure that you get a good phone with a competitive rate from a well-trusted brand, then you should visit Mobiles.co.uk where you can find thousands of mobile phone packages and options that will be just right for you. Whether you are looking for a reliable brick for work, or want a family phone contract, you will be able to search on their site and come up with an easy solution. The best thing about this site is of course the incredible range of mobile phones, contracts, upgrades, pay-as-you-go offers and more that are available. Whether it is the latest smartphone you are looking for, or you want a reliable phone just for texts and phone calls, use your Mobiles.co.uk voucher code to shop for less.
newitts listed on couponmatrix.ukWelcome to Newitts, the one-stop destination for all your sports equipment and sportswear. Perfect for schools, clubs, and gardens, Newitts provides equipment for a huge range of activities with must-have items including football goals, gymnastic mats, table tennis tables, swimwear and so much more! Whether you're a badminton player or a boxer, Newitts will have the gear for you and, with your Newitts discount code, now you can enjoy your favourite sports for less. Love being active with Newitts.
rspb listed on couponmatrix.ukIf you're a bird lover or have any appreciation for the Britain's natural treasures then an RSPB membership is something you'll treasure for the rest of your life. Our RSPB discount code will lower the cost of joining considerably, but by the time you've enjoyed free entry into dozens of reserves all over the country you'll have completely recouped the cost of joining. On top of the benefits you get you'll also be contributing to protecting dozens of species and funding nationwide wildlife education programmes.
tp-toys listed on couponmatrix.ukTP Toys has been designing and creating children's play equipment for over 50 years, making the brand one of the most trusted and valued brands on the internet. From climbing frames and playhouses to swing sets and trampolines, there's a outdoor play set perfectly suited for both your children and your garden. Shop for less with a TP Toys discount code and get the kids active without breaking the bank. Ditch the TV once and for all - with TP Toys, the only limit is your imagination!