Dublin, Sep 17, 2020 (GLOBE NEWSWIRE) – Added “Israel Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Data Book) – Market Size and Forecast (2015- 2024) – Covid-19 Q2 2020 Update “to ResearchAndMarkets. com providing. Despite the short-term challenges, the medium- and long-term expansion of gift cards in Israel remains strong. The gift card industry in Israel will continue to grow during the forecast age and is expected to record a CAGR of 10. 7% between 2020 and 2024. The gift card market in the country will increase through 862, 0 million. US dollars in 2019 to US $ 1,302. 4 million until 2024 This report highlights the effect of the economic recession, as well as the change in sentiment among companies and customers due to the disruption caused by the Covid-19 epidemic. Industry in Israel Historically, the gift card market, accept, accept, accept, accept, accept in Israel, has developed with a CAGR of 15. 7% in 2015-2019. However, according to the Global Gift Card Survey for the second quarter of 2020, the gift card market accepting the acceptacceplaceplaceplace in Israel is expected to be affected in the retail and corporate segments due to the disruption caused by the outbreak of Covid. -19. There are safe segments, such as self-consumption, that will gain significant market share. The adoption of e-gift cards is also expected to increase, especially during the next 4-6 quarters. Some attractive trends are emerging in various segments that are expected to fundamentally change the dynamics of the gift card industry. The increasing adoption of electronic payment strategies, such as mobile wallets, is paving the way for the gift card market. In addition, the expansion of the market, receptacle, receptacle, receptacle, receptacle, receptacle, can also be attributed to the increasing penetration of smartphones and the immediate expansion of the e-commerce gift card in Israel. In addition, domestic gift card issuers such as Isracard and foreign companies have a strong presence in the Israeli gift card market. beat major e-commerce corporations such as Amazon, e-bay and Alibaba in the marketplaceceplaceplaceplaceplaceplace. Also, card bills are gaining popularity when shopping for food on e-commerce sites. The trend also provides expansion opportunities for gift cards. For example, Amazon is one of the leading issuers of e-commerce gift cards in Israel. In addition to the domestic online stores of those foreign corporations, like Judaica WebStore, an online store and provider of Judaica (Jewish ceremonial art) offers its virtual gift card. Business spending on gift cards is also expanding in the country. This trend has created expansion opportunities for money generating corporations and gift card issuers. For example, Snappy App, Inc. is one of the leading corporate gift card issuers in Israel. In October 2018, the corporation raised $ 10 million to fuel its nationwide expansion. Growing customer interest in cryptocurrencies is also driving the expansion of the gift card market. In Israel, customers can buy bitcoins and other altcoins through gift cards or vice versa. It has also allowed third parties, such as paxful. com and bitrefill. com, to allow customers to substitute bitcoins for gift cards. This report provides an in-depth research based on gift card and gift card market data, accept acceptance, acceptance, acceptance. corporate incentive cards, as well as customer habit and retail spending dynamics in Israel. With over two hundred KPIs at the country level, this report provides a comprehensive understanding of the dynamics of the gift card and incentive card market.
Size of KPI gift card market in segments in Israel
Length of gift card market through customer in Israel
Size of the virtual gift card market in Israel
Spending gift cards through behavior and demographics in Israel
Size of the gift card market through the customer in Israel
Spending on gifts across product categories (distributed between retailers and businesses) in Israel
Spending gift cards across the retail sector (divided between retailers and businesses) in Israel
Market share of closed-loop gift cards through major stores. The main covered stores include:
For more information on this report, https://www. researchandmarkets. com/r/ajqjoo
Reseek and Markets also offers custom searches that offer a targeted, complete and personalized search.