Digital Business Card Market is growing due to the increasing Number of Smartphones Users Worldwide
Digital Business Card Market Scenario:
The worldwide Digital Business Card Market is predicted to achieve approximately USD 242.3 million by the end of 2027. Further, the same market has estimated to reach a CAGR of ~11.2% in the assessment period of 2021 to 2027.
Basically, digital business cards are easy to share with others through email, text (SMS), Facebook Messenger, QR code, Telegram, Twitter, Facebook, WhatsApp, LinkedIn, and others.
The increasing importance of sustainability among various consumers and businesses, growing users of smartphones across the world, and interesting options and features provided by digital business cards are some of the major growth driving factors for the global digital business card market during the assessment time frame. Moreover, the global market has lucrative growth opportunities for the key players due to the rising small & medium size enterprises across the world.
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HiHello, Inc. (US), Haystack (Australia), Inigo (US), L-Card (US), Switchit (US), Adobe (US), Techno Infonet (India), About.me (US), SnapDat (US), CamCard (US), Mobilo (US), DziCard.com (Quancore Group) (India), Knowee (Spain), Lulu Systems, Inc. (US), and Vistinkard (India)are the key companies of the global digital business card market.
Segmentally, the global digital business card market has been divided based on platform, type, application, and pricing.
The digital business card industry has been classified based on the platform segment such as Windows, iOS, and Android. Among all, the Android segment is projected to hold the leading position by generating the largest market share in the global market during the research time frame. In terms of type segment, the market for the digital business card has been categorized into enterprise user, business user, and individual user. Of these, the enterprise user segment is registered to account for the dominant position by holding the largest market share in the worldwide digital business card market during the research period.
On the basis of the application segment, the digital business card industry has been divided into sales entrepreneurs, business owners, events and travels, marketing agencies, consultants, education and training, software & IT, health and beauty, finance & realtors, and others. Out of all, the segments like sales entrepreneurs, business owners, consultants, and marketing agencies are contributing largely to the growth of the digital business card market. Depending on the pricing segment, the global market has been segmented yearly and monthly. Here, the yearly pricing segment has held the largest market share due to the huge discount on annual subscriptions provided by various companies. Moreover, the individual segment is projected to boost the global digital business card market growth during the assessment time frame.
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Digital Business Card Market Regional Analysis:
According to digital business card market analysis, the market has been spread across different regions such as Asia-Pacific (APAC), North America, the Middle East & Africa, South America, Europe, and the rest of the world.
Among all, the North American market is registered to hold the largest market share during the forecast time frame due to rising rapid digitalization in different enterprises and businesses. Moreover, the growing importance of sustainability among various enterprises and companies and increasing environmentally conscious among customers drive regional market growth.
Apart from these, the Asia-Pacific market is accounted to expand the fastest CAGR in the review period due to the rising digitalization among different businesses.
On 29th July 2021, the dominant digital business card platform for businesses and individuals named HiHello Inc. has declared its new funding of USD 7.5 million with an aim to grow its business platform and expand its team to support all sizes of companies.
Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
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