DUBLIN–(BUSINESS WIRE)–The “Indonesia Digital Gift Card (e-Gift Card) and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) – Market Size and Forecast (2015-2024) – COVID-19 Update Q2 2020” report has been added to ResearchAndMarkets.com’s offering.
Over the next eight quarters, the author expects e-gift card or digital gift card segment to gain significant market share in Indonesia. e-gift card segment has been gaining market share over the last few years.
The socio-economic environment created by COVID-19 outbreak has accelerated growth of this segment. Adoption has increased significantly in Q2 2020, a trend expected to continue over the forecast period. Spend on e-gift card platforms by retailers is expected to increase significantly. Retailers with strong ecommerce and well established e-gift card program are expected to gain market share.
In value terms, the gift card market in Indonesia has recorded a CAGR of 38.4% during 2015-2019. The e-gift card industry in Indonesia will continue to grow over the forecast period and is expected to record a CAGR of 22.2% during 2020-2024. e-gift card market in the country is estimated to reach US$ 834.8 million by 2024.
This report provides a detailed data centric analysis of digital gift cards (e-gift cards) and corporate incentive cards market along with consumer behaviour and retail spend dynamics in Indonesia. It also provides top level market size and forecast of total spend on gift and gift cards. The report includes raw data along with structured dashboards, charts, and tables in an interactive Excel format.
Below is a summary of country level trend analyses covered across gift card segments:
Reasons to Buy
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/z260hf
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