How big is the Digital Gift Card Market

Q: What is the anticipated size of the digital gift card market by 2031?

The digital gift card market is expected to exceed USD 98.6 billion by 2031.

Q: What is spurring the growth of the digital gift card market?

The growth is driven by the shift to online shopping, demand for instant gifting options, and increased digital payment adoption globally.

Q: How big is the digital gift card market in 2024?

The digital gift card market stood at approximately USD 44.6 billion in 2024.

Q: Which sectors are increasingly adopting digital gift cards?

Retail, corporate incentives, food delivery, online education, and entertainment are the key adopters.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

How big is the Digital Gift Card Market | Growth, Trends & Forecast

Code: MTA5006

Publication Date: Jul 2025

How Big Is the Digital Gift Card Market?

According to 绿帽社 internal database and industry insights, Global digital gift card market was valued at USD 44.6 billion in 2024 and is projected to reach over USD 98.6 billion by 2031, registering a CAGR of 14.6% during the forecast period.

This growth is mainly driven by the rise of contactless payments, rising smartphone penetration, and the shift in consumer gifting behavior toward instant, customizable, and cashless solutions.

Growth Factors of the Digital Gift Card Market

Preference for last-minute, flexible gifting solutions in B2C and B2B channels
Increasing corporate usage for employee rewards and loyalty programs
Widespread adoption of online shopping and digital payment
Integration with mobile wallets and e-commerce platforms
Surging demand for virtual experiences and subscription-based gifting
Rising penetration of fintech platforms and API-based gifting solutions

Digital Gift Card Market Trends

Digital Gift Card Market is witnessing increasing integration of AI for personalized gift card suggestions and usage tracking. Cross-border gifting via digital cards is gaining popularity, especially in global remittance corridors. Multi-brand and theme-based gift cards are becoming mainstream. Companies are embedding digital gift cards into social commerce and gamified loyalty programs. QR-code-based redemption and instant delivery via messaging apps are driving new consumer experiences.

Emerging Developments in Digital Gift Card Market

Digital Gift Card Industry聽is moving beyond retail into sectors like healthcare, education, travel, and food delivery. Blockchain-enabled gift card issuance is being explored for traceability and fraud prevention. Some fintech players are rolling out gift card subscription models for recurring gifting. Biometric authentication and facial recognition are emerging as new layers of gift card security. Additionally, AI-powered dynamic value gift cards and eco-friendly gifting formats are under development.