Market Size – The business card software market size has grown rapidly in recent years. It will grow from $1.10 billion in 2023 to $1.23 billion in 2024 at a compound annual growth rate (CAGR) of 12.0%. The growth in the historic period can be attributed to a rise in smartphone usage, an increase in startups and small businesses, the proliferation of business conferences, stricter data protection regulations, and the adoption of cloud-based solutions.
The business card software market size is expected to see rapid growth in the next few years. It will grow to $1.95 billion in 2028 at a compound annual growth rate (CAGR) of 12.4%. The growth in the forecast period can be attributed to continuation of remote work trends, improved security measures, expansion into emerging markets, advanced analytics capabilities, seamless integration with other business tools. Major trends in the forecast period include increasing adoption of cloud-based business, integration of artificial intelligence, growing demand for mobile-friendly business, incorporation of AR technology, integration with digital wallets.
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Scope Of Business Card Software MarketThe Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Business Card Software Market Overview
Market Drivers –The rising use of mobile devices is expected to propel the growth of the business card software market going forward. A mobile device is a portable tablet or other gadget designed to be compact and lightweight for easy carrying. The rising use of mobile devices is driven by their convenience, portability, and increasing functionality. Mobile devices are increasingly utilized in business card software for on-the-go design, sharing, and networking, catering to modern professionals’ need for convenience and mobility. For instance, in April 2022, according to the Department of Telecommunications under the Ministry of Information and Communications, a Vietnam-based regulatory agency, Vietnam recorded 91.3 million smartphone subscribers in 2021. This figure increased by over 2 million at the end of March 2022, resulting in a total of 93.5 million subscribers, equivalent to 73.5% of the nation’s adult population. Therefore, the rising use of mobile devices is driving the growth of the business card software market.
Market Trends – Major companies in the business card software market are expanding their product portfolio with technologies such as digital business card apps. Digital business card apps are mobile applications designed to replace traditional paper business cards by providing a digital platform for professionals to create, store, and share their contact information. For instance, in October 2022, Manbrosys LLC, a US-based software development company, announced the launch of ‘NobHub’. This app enables professionals to exchange information seamlessly, eliminating the need for traditional paper business cards by offering efficient digital alternatives. It is utilized to gather and organize contacts, maintain up-to-date information, and track individuals more efficiently.
The business card software market covered in this report is segmented –
1) By Type: On-Premise, Cloud-Based
2) By Features: Media Content, Video Integration, Location Map, Analytics, Integration With Customer Relationship Management (CRM), Quick-response (QR) Code Mixed, Multiple Languages
3) By Platform: Android Devices, iPhone Operating System (IOS) Devices, Windows
4) By Application: Business Owners, Sales Entrepreneurs, Marketing Agencies, Consultants, Events And Travels, Education And Training, Health And Beauty
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Regional Insights – North America was the largest region in the business card software market in 2023. The regions covered in the business card software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies – Major companies operating in the business card software market are Microsoft Corporation Inc., Adobe Inc., NCH Software Inc., CardWorks Inc., Canva Pty Ltd, Tailor Brands Ltd., Softonic International, Popl Co Company, DRPU Software Pvt. Ltd., PenPower Inc., Mobilo Inc., Labeljoy Inc., Mojosoft Ltd., CAM Development Ltd., Blinq Technologies Pty Ltd., SmartsysSoft, Switchit LLC, Xara GmbH, Summitsoft Corporation, BeLight Software Ltd, HiHello Inc., know.ee, I.R.I.S. Group, CardByte AI Pvt Ltd, BitSignal Ltd
Table of Contents 1. Executive Summary2. Business Card Software Market Report Structure3. Business Card Software Market Trends And Strategies4. Business Card Software Market – Macro Economic Scenario5. Business Card Software Market Size And Growth…..27. Business Card Software Market Competitor Landscape And Company Profiles28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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