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Gift Cards Market Boom: 16.4% CAGR Forecast for the Coming Period

The global gift cards market size was valued at USD 980 billion in 2021. It is projected to reach USD 3,845 billion by 2030, growing at a CAGR of 16.4% during the forecast period (2022u20132030)For more insights click on the link below @ https://straitsresearch.com/report/gift-cards-market

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Gift Cards Market Boom: 16.4% CAGR Forecast for the Coming Period

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  1. Gift Cards Market Gift Cards Market Comprehensive Study with Key Trends, Major Drivers and Challenges Sample View Report

  2. Gift Cards Market Outlook, Growth Factors, Industry Share, Size By 2030 A gift card is a prepaid debit card that has a certain amount of money that can be spent. There are minimum and maximum initial loading amounts for gift cards, as well as other restrictions. Gift cards are often used to cover a portion of a transaction, with the remainder paid for with cash, debit, or credit. Many gift cards are registered online as a safeguard against loss, allowing the remaining amount to be tracked and frozen if a card is misplaced. Gift cards are easier to track and more secure than cash, which can aid in the prevention of fraud. The increasing usage of cutting-edge technology in the payments industry, as well as greater global awareness of digital payments, are key drivers of market growth. The growing popularity of gift cards among businesses and financial institutions, as well as the widespread usage of cellphones, contribute to the market's expansion.

  3. Gift Cards Market CAGR 16.4% (2020-2030) 3,845 USD Billion 980 USD Billion 2020 2030 Request Sample

  4. Gift Cards Market A Summary of the Impact of COVID-19 Main Market Players on this Market: Covered in This Report: com Inc The appearance of COVID-19 has transported the globe to ✓ American Express Company a halt. We understand that this health disaster has brought ✓ Blackhawk Network Holdings Inc an unprecedented impact on businesses across industries. ✓ Fiserv Inc However, this too shall pass. Growing support from ✓ Givex Corporation governments and various companies can benefit in the ✓ InComm Payments fight against this highly transmissible disease. There are ✓ PayPal Inc some businesses that are struggling and some are thriving. ✓ Paytronix Systems Inc General, almost every sector is anticipated to be stuck by ✓ Qwikcilver Solutions Pvt Ltd. the pandemic ✓ Walmart Inc ✓

  5. Gift Cards Market The Gift Cards Market has been segmented as below: ✓ By Type: Closed Loop Gift Card, Open Loop Gift Card ✓ By End-User: Retail Establishments, Corporate Institutions ✓ By End-User: Retail Establishments, Corporate Institutions We are taking nonstop efforts to help your business sustain and cultivate during COVID-19 pandemics. Based on our knowledge and expertise, we will provide you an impact analysis of coronavirus outbreaks across businesses to help you prepare for the future. Thanks for reading this article; you can also get distinct chapter-wise sections or region-wise report versions like Asia, US, Europe, Africa, etc.

  6. About Straits Research StraitsResearch.com is a leading market research and market intelligence organization, specializing in research, analytics, and advisory services along with providing business insights & market research reports. www.straitsresearch.com 825 3rd Avenue, New York, NY, USA, +1 6464807505, +44 203 318 2846 sales@straitsresearch.com

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