Egypt’s market for gift cards and virtual incentive cards will grow at an annual compound rate of 28.7% in 2020-24, accelerated through COVID-19

Dublin, 27 July 2020 (GLOBE NEWSWIRE) – The “e-Gift Card and Egypt Market Intelligence and Future Growth Dynamics (Databook) Incentive Card – Market Size and Forecast (2015-2024) – Covid-19 The 2020 Second Quarter Update Report ” added to ResearchAndMarkets.com offering. Egypt’s socio-economic environment has been affected by the COVID-19 epidemic. Although the pandemic has had a negative effect on expansion in key sectors, there has been widespread adoption of virtual payment through Americans and companies. Backed by industry-widest trends and customer behavior conversion, the general gift and gift card industry has undergone basic changes. As a result, sales of electronic gift cards or virtual gift cards increased dramatically at the time of the 2020 quarter, according to the Global Gift Card Survey. In terms of price, the gift card market and the place where acceptors are placed in Egypt recorded an annual compound rate of 34.3% during the 2015-2019 era. Egypt’s electronic gift card industry will continue to grow during the age of forecasting and is expected to register an annual compound rate of 28.7% between 2020 and 2024. The country’s electronic gift card market is estimated to be successful at $248.2 million by 2024. focused on the market knowledge of virtual gift cards (electronic gift cards), on-site delivery and business incentive cards, as well as customer behavior and retail spending dynamics. Egypt. It also provides a world-class market on the length of laces and general spending forecasts on gift cards and gift cards. The report includes basic knowledge as well as structured dashboards, charts, and tables in an interactive Excel format.

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