North America Digital Gift Card Market

North America Digital Gift Card Market Size, Share & Industry Trends Analysis Report By Functional Attribute (Closed-loop Card and Open-loop Card), By End User (Retail and Corporate), By Application, By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-12765 Publication Date: December-2022 Number of Pages: 77
Special Offering:
Industry Insights | Market Trends
Highest number of Tables | 24/7 Analyst Support

Market Report Description

The North America Digital Gift Card Market would witness market growth of 12.7% CAGR during the forecast period (2022-2028).

A digital card that customers may use to make purchases from you. Digital gift cards, also known as e-gift cards or electronic gift cards, are distributed through email and include a gift code given to them by the retailer. When an unsure customer enters your business, these cards are incredibly effective. Many companies provide digital gift cards in a range of denominations.

The range and criteria for the card's validity and usage are set by the sellers. When the email address of the receiver is provided, they may use the gift card to make purchases on the brand's website by entering the gift code at Checkout or adding the value to their store wallet. The product amount that falls beneath the gift card amount is then reduced after application. Anyone, wherever in the globe, may get an e-gift card.

American citizens' Gift cards remain to be the most popular payment method when customers report losing money to the majority of fraudsters, according to a recent data study by the Federal Trade Commission. According to data research, customers have reported spending close to $245 million on gift cards since 2018. To combat consumer exploitation, the Federal Deposit Insurance Corporation has established a number of statutes.

The US market dominated the North America Digital Gift Card Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $171,686.2 Million by 2028.The Canada market is anticipated to grow at a CAGR of 14.9% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 14.6% during (2022 - 2028).

Based on Functional Attribute, the market is segmented into Closed-loop Card and Open-loop Card. Based on End User, the market is segmented into Retail and Corporate. Based on Application, the market is segmented into Consumer Goods, Health & Wellness, Restaurants & Bars, Travel & Tourism, Media & Entertainment and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Digital Gift Card Market is Estimated to reach $724.3 Billion by 2028, at a CAGR of 14.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., Fiserv, Inc., PayPal Holdings, Inc., Walmart, Inc., Amazon.com, Inc., Target Corporation (Target Brands, Inc.), Loop Commerce, Inc (Synchrony Financial), InComm Payments, and Blackhawk Network Holdings, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Functional Attribute

  • Closed-loop Card
  • Open-loop Card

By End User

  • Retail
  • Corporate

By Application

  • Consumer Goods
  • Health & Wellness
  • Restaurants & Bars
  • Travel & Tourism
  • Media & Entertainment
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Apple, Inc.
  • Fiserv, Inc.
  • PayPal Holdings, Inc.
  • Walmart, Inc.
  • Amazon.com, Inc.
  • Target Corporation (Target Brands, Inc.)
  • Loop Commerce, Inc (Synchrony Financial)
  • InComm Payments
  • Blackhawk Network Holdings, Inc.
Need a report that reflects how COVID-19 has impacted this market and its growth? Download Free Sample Now
HAVE A QUESTION?

HAVE A QUESTION?

Call: +1(646) 600-5072

SPECIAL PRICING & DISCOUNTS


  • Buy Sections of This Report
  • Buy Country Level Reports
  • Request for Historical Data
  • Discounts Available for Start-Ups & Universities

Unique Offerings Unique Offerings


  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Support with 10% customization free after sale

Trusted by over
5000+ clients

Our team of dedicated experts can provide you with attractive expansion opportunities for your business.

Client Logo