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DUBLIN, July 23, 2020 /PRNewswire/ -- The "Gift Cards Market by Card Type and End User: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering. This report projects that the global gift cards market size was valued at $619.25 billion in 2019, and is projected to reach $1,922.87 billion by 2027, growing at a CAGR of 14.9% from 2020 to 2027.North America is the highest revenue contributor across the globe; owing to increase in government initiatives for the adoption of digital payments alternatives for cash in many sectors such as hospitality, banking, corporate institutions, and retailers.A gift card is similar to a prepaid debit card that consists of a specific amount of money available that can be used for purchasing goods. Many gift cards have certain limit i.e. minimum and maximum initial loading amount, for example the minimum amount is $10 and maximum is $500. In most of the cases, gift cards are used to pay for a portion of a purchase with cash, debit or credit in order to balance the expense. As a precaution to mitigate the risk of losses, many gift cards are registered online, which allows the remaining balance to be tracked and frozen if a card is lost. Gift cards provide more security as compared to cash and are easily traceable, which can avoid fraudulent activity.Rise in adoption of advance technology in the payment sector and A surge in awareness of digital payment across the globe drives the growth of the market. In addition, high adoption of smartphones and a rise in adoption of gift cards by corporate offices and financial institutions fuels the growth of the market. However, security concerns in respect to gift cards can hamper the growth of the market. Furthermore, A surge in demand for gift cards from developing countries offers lucrative opportunities for the market growth globally.The gift cards market is categorized on the basis of card type, end user and region. Depending on card type, the market is classified into open loop gift card and closed loop gift card. By End User, the market is analyzed across retail establishments and corporate institutions. By Region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA, along with its prominent countries.The key players profiled in the gift cards market analysis are Amazon.com, Inc., American Express, Blackhawk Network Holdings, Inc., First Data Corporation, Fiserv, Inc., Givex Corporation, InComm Inc., NGC US, LLC, Qwikcilver Solutions Pvt Ltd, and Paytronix Systems, Inc.Key Benefits The study provides an in-depth analysis of the global gift cards market forecast along with the current & future gift cards market trends to elucidate the imminent investment pockets. Information about key drivers, restraints, and opportunities and their impact analysis on the global market is provided in the report. Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the gift cards market. The quantitative analysis of the gift cards market share for the period 2019-2027 is provided to determine the gift cards market potential. Key Findings of the Study: By card type, the open loop gift card segment is expected to attain the highest CAGR during the forecast period. By end user, the retail establishments segment accounted for the highest gift cards market share in 2019. By region, North America generated the highest revenue in 2019. By region, Asia-Pacific is expected to attain the highest CAGR during the forecast period. Key Topics Covered: Chapter 1: Introduction1.1. Report Description1.2. Key Market Segments1.3. Key Benefits1.4. Research Methodology1.4.1. Primary Research1.4.2. Secondary Research1.4.3. Analyst Tools and ModelsChapter 2: Executive Summary2.1. CXO PerspectiveChapter 3: Market Landscape3.1. Market Definition and Scope3.2. Key Findings3.2.1. Top Investment Pockets3.2.2. Top Winning Strategies3.3. Porter's Five Forces Analysis3.3.1. Bargaining Power of Suppliers3.3.2. Threat of New Entrants3.3.3. Threat of Substitutes3.3.4. Competitive Rivalry3.3.5. Bargaining Power Among Buyers3.4. Market Share Analysis/Top Player Positioning3.5. Market Dynamics3.5.1. Drivers3.5.2. Restraints3.5.3. OpportunitiesChapter 4: Gift Cards Market, by Card Type4.1. Overview4.2. Open Loop Gift Card4.2.1. Key Market Trends, Growth Factors, and Opportunities4.2.2. Market Size and Forecast, by Region4.2.3. Market Analysis by Country4.3. Closed Loop Gift Card4.3.1. Key Market Trends, Growth Factors, and Opportunities4.3.2. Market Size and Forecast, by Region4.3.3. Market Analysis by CountryChapter 5: Gift Cards Market, by End-user5.1. Overview5.2. Retail Establishments5.2.1. Key Market Trends, Growth Factors, and Opportunities5.2.2. Market Size and Forecast, by Region5.2.3. Market Analysis by Country5.3. Corporate Institutions5.3.1. Key Market Trends, Growth Factors, and Opportunities5.3.2. Market Size and Forecast, by Region5.3.3. Market Analysis by CountryChapter 6: Gift Cards Market, by Region6.1. Overview6.2. North America6.2.1. Key Market Trends and Opportunities6.2.2. Market Size and Forecast, by Card Type6.2.3. Market Size and Forecast, by End-user6.2.4. Market Size and Forecast, by Country6.2.5. U. S. Gift Cards Market6.2.5.1. Market Size and Forecast, by Card Type6.2.5.2. Market Size and Forecast, by End-user6.3.12. Canada Gift Cards Market6.2.6.1. Market Size and Forecast, by Card Type6.2.6.2. Market Size and Forecast, by End-user6.3. Europe6.3.1. Key Market Trends and Opportunities6.3.2. Market Size and Forecast, by Card Type6.3.3. Market Size and Forecast, by End-user6.3.4. Market Size and Forecast, by Country6.3.5. UK Gift Cards Market6.3.5.1. Market Size and Forecast, by Card Type6.3.5.2. Market Size and Forecast, by End-user6.3.6. Germany Gift Cards Market6.3.6.1. Market Size and Forecast, by Card Type6.3.6.2. Market Size and Forecast, by End-user6.3.7. France Gift Cards Market6.3.7.1. Market Size and Forecast, by Card Type6.3.7.2. Market Size and Forecast, by End-user6.3.8. Netherlands Gift Cards Market6.3.8.1. Market Size and Forecast, by Card Type6.3.8.2. Market Size and Forecast, by End-user6.3.9. Spain Gift Cards Market6.3.9.1. Market Size and Forecast, by Card Type6.3.9.2. Market Size and Forecast, by End-user6.3.10. Italy Gift Cards Market6.3.10.1. Market Size and Forecast, by Card Type6.3.10.2. Market Size and Forecast, by End-user6.3.11. Nordic Countries 6.3.11.1. Market Size and Forecast, by Card Type6.3.11.2. Market Size and Forecast, by End-user6.3.12. Rest of Europe Gift Cards Market6.3.12.1. Market Size and Forecast, by Card Type6.3.12.2. Market Size and Forecast, by End-user6.4. Asia-Pacific6.4.1. Key Market Trends and Opportunities6.4.2. Market Size and Forecast, by Card Type6.4.3. Market Size and Forecast, by End-user6.4.4. Market Size and Forecast, by Country6.4.5. China Gift Cards Market6.4.5.1. Market Size and Forecast, by Card Type6.4.5.2. Market Size and Forecast, by End-user6.4.6. India Gift Cards Market6.4.6.1. Market Size and Forecast, by Card Type6.4.6.2. Market Size and Forecast, by End-user6.4.7. Japan Gift Cards Market6.4.7.1. Market Size and Forecast, by Card Type6.4.7.2. Market Size and Forecast, by End-user6.4.8. Australia Gift Cards Market6.4.8.1. Market Size and Forecast, by Card Type6.4.8.2. Market Size and Forecast, by End-user6.4.9. South Korea6.4.9.1. Market Size and Forecast, by Card Type6.4.9.2. Market Size and Forecast, by End-user6.3.12. Rest of Asia-Pacific Gift Cards Market6.4.10.1. Market Size and Forecast, by Card Type6.4.10.2. Market Size and Forecast, by End-user6.5. LAMEA6.5.1. Key Market Trends and Opportunities6.5.2. Market Size and Forecast, by Card Type6.5.3. Market Size and Forecast, by End-user6.5.4. Market Size and Forecast, by Country6.5.5. Latin America Gift Cards Market6.5.5.1. Market Size and Forecast, by Card Type6.5.5.2. Market Size and Forecast, by End-user6.5.6. Middle East 6.5.6.1. Market Size and Forecast, by Card Type6.5.6.2. Market Size and Forecast, by End-user6.3.12. Rest of LAMEA Gift Cards Market6.5.7.1. Market Size and Forecast, by Card Type6.5.7.2. Market Size and Forecast, by End-userChapter 7: Company Profiles7.1. Amazon. Com, Inc.7.1.1. Company Overview7.1.2. Key Executives7.1.3. Company Snapshot7.1.4. Operating Business Segments7.1.5. Product Portfolio7.1.6. Business Performance7.1.7. Key Strategic Moves and Developments7.2. America Express7.3. Blackhawk Network Holdings, Inc.7.4. First Data Corporation7.5. Fiserv, Inc.7.6. Givex Corporation7.7. Incomm Inc.7.8. Qwikcilver Solutions Pvt Ltd7.9. Ngc Us, LLC7.10. Paytronix SysteMS, Inc.For more information about this report visit https://www.researchandmarkets.com/r/bwgtlm Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1904 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com

Answer: Insights into the Gift Cards Global Market to 2027 - Opportunity Analysis and Industry Forecast