Digital Business Card Market Major Application, Third Party Usage, Micro Market, Pricing Analysis and Geographical Analysis, Forecast To 2030
Market Scenario:
According to MRFR, the Digital Business Card Market has been segmented into type, platform, pricing,
application, and region/country. The global digital business card market size
is expected to register an exponential CAGR of ~11.2% from 2021 to 2027
and reach USD 242.3million by 2027.
A digital business card is also known as a virtual or electronic business card.
It is an online means of sharing contact info. Digital business cards can be
created on an Android, iPhone, iPad or computer, and are often more reasonable
than their paper counterparts. Like typical business cards, digital business
cards can be designed, customized, and shared with anyone. There are no space
constraints with digital cards; a user can add as much or as little information
to the card as per the desire. In addition to standard contact information
(such as name, email, company, and phone number), a user can enrich a card with
a video or photo, a logo, social media profiles, and many more information.
This information can be displayed in several languages as per the user’s
choice. The digital business card can be shared with people through text (SMS),
email, QR code, Facebook Messenger, Twitter, Telegram, WhatsApp, Facebook, and
LinkedIn, among other platforms.
Furthermore, an excellent advantage of digital business cards over traditional
ones (paper business cards) is that they enable making contacts interactive and
embed unique features and functions into a card. The best example can be
instant contact saving (to a phone book or CRM system), quick access to web
pages, or QR codes that enable tracking who checked business cards or take them
to a map location, among other functions.
Moreover, digital business cards are flexible as they enable a user to update
changes such as details, contacts, addresses, and other modifications and
notify everyone who has it, possibly keeping in touch with established
collaborators. Digital business cards overcome various issues that can be faced
by conventional business cards and cut down expenses involved with printing all
those pieces of paper. There are several reasons why digital business cards are
the way to go. Convenience, eco-friendly, affordable, contactless, editable,
customizable, among others, are the major advantages of virtual business cards.
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Competitive
Outlook:
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.
Segmentation:
The global digital business card market has been
segmented into type, platform, pricing, application, and region/country. Based
on type, the digital business card market has been segmented into individual
user, business user, and enterprise user. The enterprise user segment holds the
largest share within the market and is expected to retain its dominance
throughout the projected period.
Based on platform, the digital business card market has been divided into iOS,
Android, and Windows. The Android segment holds the largest share within the
market and is expected to retain its dominance throughout the projected period.
Based on pricing, the digital business card market has been divided into
monthly and yearly. The yearly pricing segment holds a larger market share.
This can be attributed to the heavy discount on annual subscriptions offered by
the companies. Businesses and enterprises are the major target audience of the
yearly subscription. However, the individual segment is also gaining a rapid
boost.
Based on application, the digital business card market is segmented into
business owners, sales entrepreneurs, marketing agencies, events and travels, software
& IT, education and training, finance & realtors, health and beauty,
consultants, and others. Business owners, sales entrepreneurs, marketing
agencies, and consultants are the major contributors to the global market.
Regional
Analysis:
The global digital business cardmarket is expected
to gain significant revenue from the various continents during the projected
period. The geographic analysis of the digital business cardmarket has been
conducted for North America, Europe, Asia-Pacific, the Middle East &
Africa, and South America.
North America is further classified into the US,
Canada, and Mexico. On the other hand, Europe is further classified into the
UK, Germany, France, and the Rest of Europe, while Asia-Pacific is further
segmented into China, Japan, India, and the Rest of Asia-Pacific.North America
holds the leading share within the market. This can be attributed to the rapid
digitalization in various businesses and enterprises.Europe holds the second
position in the digital business card market in terms of revenue. The UK,
Germany, and France are the major growth engines of the market.Asia-Pacific is
expected to grow with the fastest CAGR during the forecast period. The region
has seen a rapid boom the market growth owing to the digitalization among
businesses.
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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
Continued….
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