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Digital Receipts Market (2023 - 2030)_Sample Extract.pdf

The Digital Receipts market size is estimated to reach $293 billion by 2030, growing at a CAGR of 7.5% during the forecast period 2024-2030.

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Digital Receipts Market (2023 - 2030)_Sample Extract.pdf

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  1. Copyright ©2024 IndustryARC DIGITAL RECEIPTS MARKET Page - 1 Web - www.industryarc.com|Mail – sales@indust

  2. TABLE OF CONTENTS Topics Slide No Chapter 01: Digital Receipts Market Overview Chapter 01: Digital Receipts Market Overview - 004 Chapter 02: Digital Receipts Market - Executive Summary Chapter 02: Digital Receipts Market - Executive Summary - 007 Chapter 03: Digital Receipts Market Landscape Chapter 03: Digital Receipts Market Landscape - 011 Chapter 04: Digital Receipts Market Forces Chapter 04: Digital Receipts Market Forces - 019 - 029 Chapter 05: Digital Receipts Market - Strategic Analysis Chapter 06: Digital Receipts Market - By Distribution System Chapter 06: Digital Receipts Market - By Distribution System - 036 Chapter 07: Digital Receipts Market - By Shopper Type Chapter 07: Digital Receipts Market - By Shopper Type - 041 - 044 Chapter 08: Digital Receipts Market - By Industry Vertical Chapter 09: Digital Receipts Market - By Geography Chapter 09: Digital Receipts Market - By Geography - 052 - 059 Chapter 10: Digital Receipts Market Company Profiles Chapter 10: Digital Receipts Market Company Profiles Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  3. CHAPTER - 01 DIGITAL RECEIPTS MARKET OVERVIEW Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  4. 1.1 DEFINITIONS AND SCOPE (1/2) Definition & Market Scope •Digital receipts, also known as electronic receipts or e-receipts, refer to electronic versions of traditional paper receipts that are generated and delivered to customers through digital channels. Instead of receiving a physical paper receipt after a transaction, customers can opt to receive a digital copy of the receipt via email, SMS, mobile applications, or other electronic means. •The base year of the study is 2022, with a forecast done up to 2030. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. •The market size is provided by revenue (US$ Billion). Overview ❖Paperless transactions drive the demand for digital receipts by promoting efficiency, convenience, and sustainability. The shift towards digital payment methods and the desire for streamlined financial management processes contribute to the growing adoption of digital receipts, benefiting both businesses and customers alike. Regulations create a demand for digital receipt solutions by incentivizing businesses to adopt digital alternatives that align with legal requirements. By offering compliant and secure solutions, digital receipt providers can address ❖ businesses' needs for regulatory compliance, data protection, environmental sustainability, and efficient record- Copyright ©2024 IndustryARC keeping. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  5. 1.1 DEFINITIONS AND SCOPE (2/2) Market Classification By Distribution System By Shopper Type By Industry Vertical Europe E-mail Non-loyalty Retail Germany Apparel Text Loyalty France industry Application Sports Italy Home goods Website UK Footwear Spain Health & Copyright ©2024 IndustryARC Others Wellness Others Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  6. CHAPTER - 02 DIGITAL RECEIPTS MARKET - EXECUTIVE SUMMARY Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  7. 2.1 MARKET REVENUE, MARKET SIZE AND KEY TRENDS BY COMPANY Europe Digital Receipts Market Revenue Share, 2022-2030 ($B) 1000.00 900.00 800.00 700.00 600.00 Revenue ($B) 500.00 400.00 300.00 200.00 100.00 0.00 2022 2023 2024 2025 2026 2027 2028 2029 2030 Source: IndustryARC Analysis, Expert Insights Key trends by Company: ❖ In June 2023, investment firm KKR acquired up to $43.71 billion of PayPal's buy now, pay later loans in Europe, generating an estimated $1.8 billion in gross proceeds. PayPal's shares rose by 2% on the news, and the deal is expected to close in the second half of the year. PayPal plans to allocate approximately $1 billion to share repurchases in 2023, for a total of around $5 billion repurchases this year. Further, in April 2022, Fiserv, a global provider of payments and financial services technology solution completed its acquisition ❖ of Finxact, a leading next-gen core banking platform provider. This acquisition aimCs otop yernighhatn c©e2 t0he2 4 bInilidtyu sotfr fyiAntReCch and financial institutions to deliver innovative digital banking experiences. ❖ Thus, such investments and acquisitions by major market players will create opportunities for the growth of the market. Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  8. 2.2 KEY TRENDS BY DISTRIBUTION SYSTEM Europe Digital Receipts Market Revenue Share, By Distribution System, 2022 (%) Europe Digital Receipts Market Revenue Share, By Distribution System, 2030 (%) Europe Digital Receipts Market Revenue CAGR, By Distribution System, By CAGR 2023-2030 (%) Website E-mail Application E-mail Text Text Application Text Application Website Website E-mail 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% Source: IndustryARC Analysis, Expert Insights Key insights: ❖ By Distribution System, E-mail dominated the Europe Digital Receipts Market with a share of 44% in 2022 and is expected to witness growth at a CAGR of 6.7% during the forecast period of 2023–2030. Increasing use of E-mail marketing by market players is the key factor driving segment growth. Digital receipts provide th ❖ perfect platform for participating in customised product recommendations and promotions. They also offer retailers a enduring tactic for building their email lists and accumulating further client data, thus suppoCrotipnygr isgehgtm ©en2t0 g2r4 ❖ wInthd.ustryARC Further, various other benefits offered by E-mail marketing, including personalised content, collecting feedback and surveys, and generating traffic to the site, are driving segment growth. Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  9. CHAPTER - 04 DIGITAL RECEIPTS MARKET FORCES Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  10. 4.1. DRIVERS - IMPACT ANALYSIS Europe Digital Receipts Market- Drivers Short Term (2022-2024) Medium Term (2025-2027) Long Term (2028-2030) Drivers Rising Adoption of Retail Shopping and Food Purchase Applications is Boosting the Demand Increasing Penetration of Online Payment Solutions are Positively Impacting the Growth Regulatory Compliance Driving the Market Growth Growth in the E-Commerce Sector Copyright ©2024 IndustryARC Low High Source: IndustryARC Analysis & Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  11. 4.1. DRIVERS - IMPACT ANALYSIS Rising Adoption of Retail Shopping and Food Purchase Applications is Boosting the Demand ❖ Beginning August 1, 2023, retailers in France will no longer be required to issue receipts, card slips, or purchase vouchers for every transaction completed in their businesses. France is taking an important step towards a more sustainable future by enacting new laws. As per consumer protection regulations, retailers will have the option of providing electronic receipts, which can be given directly to customers by email, SMS, or QR codes. This will not only cut paper wastebut will also make transactions more convenient and efficient for customers. Rising adoption of retail shopping & food purchase application and increasing penetration of online payment solutions ar ❖ analyzed to significantly drive the market growth. Digital receipts offer convenience to both consumers and retailers. Consumers can easily access their receipts digitally, ❖ eliminating the need to keep track of paper receipts. Retailers can automate the process of sending receipts, reducing the costs and time associated with printing and distributing paper receipts. According to a Pew Research Center report published in 202 there were around 2.14 billion internet shoppers worldwide in ❖ 2021. This means that more than a quarter of the global population has access to at least one e-commerce site and has made at least one online purchase. Online shoppers increasingly expect digital receipts as a standard practice. It aligns with the digital nature of their shopping experience and eliminates the hassle of managing and storing paper receipts. Retailers that provide Copyright ©2024 IndustryARC digital receipts meet customer expectations and enhance their overall shopping experience. The digital receipt market is experiencing significant growth due to the increasing popularity of online retail shopping. Source: Main Capital Partners10 Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  12. CHAPTER - 06 DIGITAL RECEIPTS MARKET - BY DISTRIBUTION SYSTEM Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  13. 6.1 E-MAIL (1/1) ❖ E-Mail: Europe Digital Receipts Market, Revenue, 2022-2030 ($M) The digital receipts market in Europe has experienced significant growth in recent years. The increasing adoption of digital payment methods and the need for efficient transaction processes have contributed to this growth Email serves as a primary channel for delivering digital receipts to customers. When a customer makes a purchase and provides their emai address, the receipt can be sent directly to their inbox. This allows for quick and convenient access to the receipt, eliminating the need for paper copies By using email as the delivery method, businesses can save costs associated with printing and distributing paper receipts. This is particularly beneficia for small and medium-sized enterprises (SMEs) that may have limited resources. Email platforms have robust security measures in place, ensuring the safe transmission and storage of sensitive customer information Businesses can comply with data protection regulations, such as the GDPR in Europe, by implementing secure email practices and encryption methods Email receipts can be seamlessly integrated with customer relationship management (CRM) systems, allowing businesses to consolidate custome data and provide a holistic view of customer interactions. This integration enhances customer service and helps businesses understand custome behavior better. The E-Mail segment of Europe Digital Receipts Market generated a revenue ❖ 450.00 400.00 ❖ 350.00 300.00 ❖ Revenue($M) 250.00 200.00 ❖ 150.00 100.00 50.00 ❖ 0.00 of $238.87 M in 2022 and is Cproopjyercitgehdt t©o 2re0a2c4h Ian 2022 2023 2024 2025 2026 2027 2028 2029 2030 dreuvsetnryuAeR oCf $403.62 M by 2030 growing at a CAGR of 6.7% during 2023-2030. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  14. 6.2 TEXT (1/1) ❖ Digital receipts enable businesses to provide personalized and targeted offers and promotions to customers based on their purchase history. This enhances the overall customer experience and fosters customer loyalty. Text messages provide immediate receipt delivery to customers' mobile devices. With SMS receipts, customers receive transaction details in real- time, ensuring prompt access to their purchase information. Text messages are particularly effective for reaching customer segments that have a higher reliance on mobile devices such as younger demographics or individuals who may have limited access to email or prefer not to use it regularly. Text messages are inherently mobile friendly, as they are delivered directly to customers' smartphones. With the widespread use of mobile devices, SMS receipts offer a convenient and accessible way for customers to access their transaction records on the go SMS receipts require customers to provide their mobile phone numbers and opt-in to receive text messages. This creates an opportunity for businesses to build a direct line of communication with customers, allowing for future marketing initiatives, promotions, and customer engagement. Unlike email which requires an internet connection, text messages can be accessed offline This ensures that customers can access their receipts even in areas with limited or no internet connectivity, providing them with a reliable and accessible record of their purchases. Text: Europe Digital Receipts Market, Revenue, 2022-2030 ($M) ❖ 160.00 140.00 120.00 ❖ 100.00 Revenue($M) 80 .00 ❖ 60 .00 40 .00 ❖ 20 .00 ❖ 0.00 2022 2023 2024 2025 2026 2027 2028 2029 2030 The Text segment of Europe DCiogpityarl iRgehcte ©ip2ts0 M24a rIknedtu gsetnryeAraRtCed a revenue of $89.65 M in 2022 and is projected to reach a revenue of $146.20 M by 2030 growing at a CAGR of 6.3% during 2023-2030. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  15. CHAPTER - 09 DIGITAL RECEIPTS MARKET - BY GEOGRAPHY Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  16. 9.6. OTHERS ❖ Greece, Poland, Austria, Sweden, Finland, Russia, and Other countries have been Others: Europe Digital Receipts Market Revenue, 2022 - 2030 ($B) considered under the Others segment. Advanced tracking, analytics, and security ❖ offered by digital receipts over paper receipts, accompanied by their eco credentials are fostering market growth. Companies can track and analyze buying trends by mean 350.00 ❖ of digital receipts, letting them make data-driven decisions regarding inventory and 300.00 pricing. Also, for obtaining real-time data on sales and consumer behavior, these ❖ receipts can be linked with point-of-sale systems or other management software. On 250.00 the other hand, digital receipts are beneficial for consumers for monitoring of thei ❖ Revenue ($B) 200.00 spending and budgeting. Digital receipts offer an added layer of security. Paper receipt contain sensitive information, including debit and credit card details, which can be 150.00 ❖ misused if lost or stolen. On the other hand, digital receipts can be encrypted o password-protected 100.00 for blocking of any unwanted access. Thus, owing to the benefits exhibited by digital receipts for both suppliers and buyers 50.00 ❖ the market is anticipated to gain significant traction in the near future. 0.00 2029 2022 2023 2024 2025 2026 2027 2028 2030 ❖ Others Digital Receipts Market generat Ceodp ay rriegvhetn ©ue2 0o2f 4$1 I5n2d.u5 projected to reach a revenue of $288.26 billion by 2030 growing at a CAGR of 8.8% during 2023-2030. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  17. CHAPTER - 10 DIGITAL RECEIPTS MARKET - COMPANY PROFILES Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  18. 10.5 FISERV (1/3) Fiserv: Product Portfolio Product Name Description Category Digital archiving receipts and providing instant access to receipt copies. This module eliminates paper- based processes, enhances information access, and improves operational efficiency. It utilizes advanced document Document eReceipts focuses on Business Overview Description Fiserv capture technology, including OCR and barcode technology, for accurate indexing and retrieval of 1949 Established Year receipt Digital Document: eReceipts for DNA information. With Digital Document eReceipts for DNA, financial institutions can streamline receipt management United States Digital Receipts Headquarters Employees (2022) 41,000 and reduce costs associated with paper documents. It offers browser-based access to transaction records, ensuring quick and efficient retrieval. $17.7 Bn Revenue (2022) https://www.fiserv.com/ Website By leveraging this module, financial institutions can transition towards a paperless office, benefiting from increased productivity and enhanced service delivery. Copyright ©2024 IndustryARC Source: Company Website Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  19. 10.5 FISERV (2/3) Financials: Fiserv, Revenue 2020-2022 (US$M) 20000 17,737 16,226 14,852 15000 Revenue($M) 10000 5000 0 2020 2021 2022 Fiserv, Revenue Share, By Business Segment, 2022 (%) Fiserv, Revenue Share By Geography, 2022(%) 6% Acceptance 64% 41% Domestic Fintech 35% International 84% Payments Corporate and Other Copyright ©2024 IndustryARC 18% Source: Company Website Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  20. 10.5 FISERV (3/3) Developments Description Date Approach Deutsche Bank and Fiserv have launched Vert, a comprehensive payment and banking services provider for German SMEs, integrating payment acceptance, processing, and traditional banking solutions into one platform. Vert offers faster payments, modern technology, and accepts various payment types, emphasizing its focus on digital payments. The collaboration between Deutsche Bank and Fiserv combines the strengths of Germany's largest bank and the world's largest merchant acquirer, ensuring secure and technologically advanced payment acceptance for Vert members. Fiserv, a global provider of payments and financial services technology solutions, has completed its acquisition of Finxact, a leading next-gen core banking platform provider. This acquisition aims to enhance the ability of fintechs and financial institutions to deliver innovative digital banking experiences. Fiserv's focus on innovation and creating value for clients aligns with Finxact's SaaS platform, which offers accessibility, scalability, and modern APIs for rapid product development and integration of new services. Selecta Group, Europe's leading route-based self-service retailer, has partnered with Fiserv, Inc., a global provider of payments and financial services technology solutions, to enhance and streamline digital payments across its points of sale. This Partnership aims to meet consumer demand for cashless and contactless payment options while boosting operational efficiency in a pandemic-conscious world where self-service technologies like vending machines and smart fridges are increasingly popular. October, 2022 Collaboration April, 2022 Acquisition August, 2021 Partnership Copyright ©2024 IndustryARC Source: Company Website Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

  21. Thank You! IndustryARC +1 614-588-8537/38 sales@IndustryARC.com Copyright ©2024 IndustryARC Page - 21 Web - www.industryarc.com|Mail – sales@indust

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