• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    Digital Business Card Market

    ID: MRFR/ICT/9212-CR
    99 Pages
    Aarti Dhapte
    June 2023

    Digital Business Card Market Research Report Information By Type (Individual User, Business User, and Enterprise User), By Platform (iOS, Android, and Web), By Pricing (Monthly, Yearly, and One Time), By Application (Business Owners, Sales Entrepreneurs, Marketing Agencies, Events and Travels, Software & IT, Education and Training, Finance & Realtors, Health & Beauty, Consultants, and Others) and By Region (North America, Europe, Asia-Pacific, and Rest of the World) –Market Forecast Till 2032.

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Digital Business Card Market Research Report - Global Forecast till 2032 Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0

    Digital Business Card Market Summary

    As per Market Research Future Analysis, the Digital Business Card market is poised for significant growth, projected to expand from USD 181.46 billion in 2024 to USD 389.3 billion by 2032, reflecting a CAGR of 10.01% during the forecast period. The market was valued at USD 164.95 billion in 2023. Key drivers include environmental sustainability, convenience, cost-effectiveness, and enhanced functionality through mobile technology and CRM integration. The enterprise user segment led the market in 2022, while the Android platform dominated due to its larger user base. North America held the largest market share at 45.80% in 2022, with the U.S. being the most significant contributor.

    Key Market Trends & Highlights

    The Digital Business Card market is experiencing transformative trends driven by technology and user preferences.

    • Mobile technology is enhancing accessibility and sharing capabilities, making digital cards easily distributable via smartphones.
    • The enterprise user segment dominated the market in 2022, highlighting the need for efficient contact management.
    • The Android platform led the market in 2022, benefiting from a larger global user base compared to iOS.
    • The yearly pricing segment is projected to be the fastest-growing, offering premium features and services.

    Market Size & Forecast

    2024 Market Size USD 181.46 Billion
    2032 Market Size USD 389.3 Billion
    CAGR 10.01%

    Major Players

    Key players include Haystack, Inigo, Adobe, HiHello Inc., Techno Infonet, Popl, SnapDat TM Networks, Inc., Switchit, Com, Knowee, L-Card, Lulu System, Inc., VistinKard.

    Digital Business Card Market Trends

    Mobile technology and connectivity is driving the market growth

    The development and acceptance of digital business cards has been greatly aided by mobile technology and connection. The growing use of smartphones and the development of mobile applications have revolutionized the way we trade information, including contact information, and interact. With billions of people owning and depending on cellphones for a variety of functions globally, they have become a ubiquitous part of our daily lives. Due to the widespread usage of smartphones, there is a sizable user base that is able to quickly accept and deploy digital business card solutions.

    Smartphones are the best devices for storing, accessing, and distributing digital business cards due to their portability and simplicity.

    Instant access to digital business cards is made possible by mobile technology from any location and at any time. Digital cards can be saved by users on their smartphones, making them constantly accessible for sharing. Users can quickly trade their digital business cards via email, chat apps, or even by merely bumping their phones against one another. The constraints of physical cards are eliminated, and networking options are improved by the speed and simplicity of exchange. In order to exchange information quickly and effectively online, QR codes have grown in popularity.

    Platforms for digital business cards frequently use QR codes as a sharing mechanism. Users can create QR codes from their digital cards, and recipients can use smartphones to quickly save the contact information by scanning the codes. The exchange procedure is made simpler and manual data entry is no longer necessary due to this seamless integration.

    Improved Connection for numerous connectivity options offered by mobile technology allow users to connect and distribute digital business cards across numerous platforms and channels. Digital cards can be shared by users via email, messaging services, social media sites, and even directly from within particular business networking programs. This extensive connectivity improves networking opportunities and makes it simple for professionals to interact. Cloud storage services may be seamlessly integrated with mobile technology. Users may safely keep and access their business cards from a variety of devices thanks to the cloud-based storage options provided by many digital business card platforms.

    Users' digital cards may be accessed across several smartphones, tablets, or even desktops thanks to this synchronizing feature, making their contact information accessible regardless of the device they use. Thus, driving the Digital Business Card Market revenue.

    The increasing adoption of digital business cards reflects a broader shift towards sustainable practices and enhanced networking capabilities in the professional landscape.

    U.S. Small Business Administration

    Digital Business Card Market Drivers

    Market Growth Projections

    The Global Digital Business Card Market Industry is poised for substantial growth, with projections indicating a market value of 181.5 USD Billion in 2024 and an anticipated increase to 518.3 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate (CAGR) of 10.01% from 2025 to 2035, highlighting the increasing adoption of digital solutions in professional networking. The market dynamics suggest a robust demand for innovative digital business card solutions that cater to evolving consumer preferences and technological advancements.

    Growing Demand for Contactless Solutions

    The Global Digital Business Card Market Industry experiences a surge in demand for contactless solutions, driven by the increasing need for seamless networking. As businesses and professionals seek efficient ways to share contact information, digital business cards offer a convenient alternative to traditional paper cards. This shift is particularly evident in urban centers where networking events and conferences are prevalent. The market is projected to reach 181.5 USD Billion in 2024, reflecting a growing preference for digital solutions that enhance connectivity while minimizing physical contact.

    Sustainability and Environmental Concerns

    In the context of the Global Digital Business Card Market Industry, sustainability emerges as a pivotal driver. As organizations and individuals become more environmentally conscious, the transition from paper to digital cards aligns with eco-friendly practices. Digital business cards significantly reduce paper waste, contributing to a lower carbon footprint. This trend resonates particularly with younger generations who prioritize sustainability in their purchasing decisions. The market's growth is indicative of a broader societal shift towards sustainable practices, with projections suggesting a market value of 518.3 USD Billion by 2035.

    Rise of Remote Work and Virtual Networking

    The Global Digital Business Card Market Industry is significantly influenced by the rise of remote work and virtual networking. As professionals increasingly engage in online meetings and virtual events, the need for effective digital networking tools becomes paramount. Digital business cards provide a practical solution for sharing contact information in virtual settings, thereby facilitating connections that transcend geographical barriers. This trend is likely to continue as remote work becomes a permanent fixture in many industries, further propelling the demand for digital business cards as essential networking tools.

    Technological Advancements in Digital Solutions

    Technological innovations play a crucial role in shaping the Global Digital Business Card Market Industry. The integration of advanced features such as QR codes, NFC technology, and interactive elements enhances user experience and engagement. These advancements facilitate easy sharing and accessibility of contact information, making digital cards more appealing to users. As technology continues to evolve, the market is likely to witness further enhancements that cater to the needs of modern professionals. The anticipated CAGR of 10.01% from 2025 to 2035 underscores the potential for growth driven by ongoing technological advancements.

    Integration with Digital Platforms and Applications

    The integration of digital business cards with various digital platforms and applications is a key driver in the Global Digital Business Card Market Industry. As businesses adopt comprehensive digital ecosystems, the ability to seamlessly share and store contact information across platforms enhances the utility of digital cards. This integration not only streamlines networking processes but also allows for better management of contacts. As organizations increasingly rely on digital solutions for communication and collaboration, the demand for integrated digital business cards is expected to rise, contributing to the overall market growth.

    Market Segment Insights

    Digital Business Card Type Insights

    The Digital Business Card Market segmentation, based on type includes individual user, business user, and enterprise user. The enterprise user segment dominated the market in 2022. Business users frequently have large networks and need effective ways to share and manage contact information. In place of physical cards and manual data entry, digital business cards offer a practical and contemporary option.

    Digital Business Card Platform Insights

    The Digital Business Card Market segmentation, based on Platform, includes iOS, android, and web. The android segment dominated the market in 2022. Android has a larger user base globally compared to iOS. Android devices are used by a significant portion of the population, including both individuals and businesses. The wider reach of Android devices provides a larger potential market for digital business card platforms targeting a diverse range of users.

    Figure 2: Digital Business Card Market, by Platform, 2022 & 2032 (USD Billion)

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Digital Business Card Pricing Insights

    The Digital Business Card Market segmentation, based on pricing, includes monthly, yearly, and one time. The yearly segment dominated the market in 2022 and is projected to be the fast-growing segment during the 2023-2032. Annual price packages frequently include with extra features or premium services that are not included in lower-tier packages. Advanced customization possibilities, improved analytics, connectivity with CRM systems, or priority customer support are a few examples of value-added services.

    Digital Business Card Application Insights

    The Digital Business Card Market segmentation, based on application, includes business owners, sales entrepreneurs, marketing agencies, events and travels, software & IT, education and training, finance & realtors, health & beauty, consultants, and others. The business owners segment generated the most income in 2022. The organizational skills of digital business cards are advantageous to business owners. They can effectively manage and organize their contacts, making it simpler to track interactions, follow up with leads, and keep a database of significant relationships.

    Get more detailed insights about Digital Business Card Market Research Report - Global Forecast till 2032

    Regional Insights

    By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Digital Business Card Market dominated this market in 2022 (45.80%). Due to the region's expanding business and trade operations, the market for digital business cards is predicted to rise quickly in the next years. Building a good company presence using business cards has therefore become popular. Further, the U.S. Digital Business Card Market held the largest market share, and the Canada Digital Business Card Market was the fastest growing market in the North America region.

    Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

    Figure 3: Digital Business Card Market Share By Region 2022 (Usd Billion)

    DIGITAL BUSINESS CARD MARKET SHARE BY REGION 2022

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Europe Digital Business Card Market accounts for the second-largest market share. A significant number of tech conferences for startups are also held in the area. These gatherings offer them useful forums for learning, idea sharing, and forming alliances with various companies. Further, the German Digital Business Card Market held the largest market share, and the UK Digital Business Card Market was the fastest growing market in the European region

    The Asia-Pacific Digital Business Card Market is expected to grow at the fastest CAGR from 2023 to 2032. Rapid technological improvements have made it possible for customers' expectations to change while also giving businesses access to digital tools for providing cutting-edge services. Moreover, China’s Digital Business Card Market held the largest market share, and the Indian Digital Business Card Market was the fastest growing market in the Asia-Pacific region.

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Digital Business Card Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Digital Business Card industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Digital Business Card industry to benefit clients and increase the market sector. In recent years, the Digital Business Card industry has offered some of the most significant advantages to medicine. Major players in the Digital Business Card Market, including Haystack, Inigo, Switchit, Adobe, Camcard, HiHello Inc., L-Card, Techno Infonet, Popl, SnapDat TM Networks, Inc., Com, Knowee, Lulu System, Inc., VistinKard and others, are attempting to increase market demand by investing in research and development operations.

    Software for digital marketing, multimedia, and creative is offered by ADOBE Inc (Adobe). To create, manage, deliver, measure, optimize, engage with, and transact with compelling content and experiences spanning devices, personal computers, and media, its products and services are used by creative professionals, knowledge workers, students, marketers, application developers, consumers, and businesses. The business uses its own sales team and regional field offices to advertise its goods and services to business clients.

    Distributors, mobile app shops, hardware bundle buyers, systems integrators, independent software vendors, value-added resellers, software developers, retailers, and original equipment manufacturers (OEMs) are only some of the channels via which it sells its goods. The Americas, Europe, the Middle East and Africa, and Asia-Pacific are all where it conducts business. The headquarters of Adobe are in San Jose, California, in the US.

    L-Card is a business that offers both people and companies a digital business card solution. Using a smartphone app or a web platform, users of L-Card can design, share, and maintain their digital business cards. Along with these capabilities, L-Card also provides NFC cards, a paper card reader, and email signatures with a QR code, calendar integration, video sharing, and analytics.

    Key Companies in the Digital Business Card Market market include

    Industry Developments

    October 2022: Scard created a digital business card that could be physically generated, such as with NFC-qualified stickers, or digitally printed. Users can share their cards with acquaintances using a URL or QR code thanks to this Singapore-based start-up. Additionally, it serves as a virtual card that links users and enables them to share and communicate on the selected channel.

    July 2022: In order to offer small and medium businesses digital options, Adobe collaborated with Mastercard, Meta, and Etsy. It will grant access to Adobe Document Cloud and Adobe Creative Cloud for small and medium-sized enterprises.

    Future Outlook

    Digital Business Card Market Future Outlook

    The Digital Business Card Market is projected to grow at a 10.01% CAGR from 2024 to 2035, driven by technological advancements, increasing digitalization, and demand for sustainable solutions.

    New opportunities lie in:

    • Develop AI-driven customization tools for personalized digital cards.
    • Integrate blockchain technology for secure identity verification.
    • Expand into emerging markets with localized digital card solutions.

    By 2035, the Digital Business Card Market is expected to be a pivotal component of professional networking.

    Market Segmentation

    Digital Business Card Type Outlook

    • Individual User
    • Business User
    • Enterprise User

    Digital Business Card Pricing Outlook

    • Monthly
    • Yearly
    • One Time

    Digital Business Card Platform Outlook

    • iOS
    • Android
    • Web

    Digital Business Card Regional Outlook

    • US
    • Canada

    Digital Business Card Application Outlook

    • Business Owners
    • Sales Entrepreneurs
    • Marketing Agencies
    • Events and Travels
    • Software & IT
    • Education and Training
    • Finance & Realtors
    • Health & Beauty
    • Consultants
    • Others

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 USD 164.95 Billion
    Market Size 2024 USD 181.46 Billion
    Market Size 2032 USD 389.3 Billion
    Compound Annual Growth Rate (CAGR) 10.01% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2018- 2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Type , Platform , Pricing , Application, and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Haystack, Inigo, Switchit, Adobe, Camcard, HiHello Inc., L-Card, Techno Infonet, Popl, SnapDat TM Networks, Inc., Com, Knowee, Lulu System, Inc., VistinKard
    Key Market Opportunities The number of small and medium-sized businesses is growing, and emerging economies are rapidly going digital.
    Key Market Dynamics Growing Importance of Sustainability Among Businesses And Consumers Due To Growing Smartphone Users

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

    Leave a Comment

    FAQs

    How much is the Digital Business Card Market?

    The Digital Business Card Market size was valued at USD 164.95 Billion in 2023.

    What is the growth rate of the Digital Business Card Market?

    The market is projected to grow at a CAGR of 10.01% during the forecast period, 2024-2032.

    Which region held the largest market share in the Digital Business Card Market?

    North America had the largest share in the market

    Who are the key players in the Digital Business Card Market?

    The key players in the market are Haystack, Inigo, Switchit, Adobe, Camcard, HiHello Inc., L-Card, Techno Infonet, Popl, SnapDat TM Networks, Inc., Com, Knowee, Lulu System, Inc., VistinKard.

    Which type led the Digital Business Card Market?

    The Enterprise User category dominated the market in 2022.

    Which Application had the largest market share in the Digital Business Card Market?

    The Business Owners had the largest share in the market.

    Digital Business Card Market Research Report - Global Forecast till 2032 Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Stories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials