The global digital business card industry is experiencing remarkable growth, with forecasts projecting substantial market expansion in the coming years. According to reputable sources such as Allied Market Research, the industry is set to reach $505.2 million by 2032, indicating a robust CAGR of 12.6% from 2023 onwards.
With the increasing preference for digital solutions and the rise of mobile technology, the market for NFC and digital business cards presents a compelling opportunity for investment. Industry reports suggest that the digital business card market has already reached a significant size, with the potential to expand further due to factors like environmental consciousness and technological advancements.
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Total Addressable Market
Serviceable Available Market
Serviceable Obtainable Market
Middle East & Africa
Market Trends and Insights
The Asia Pacific region is expected to be the largest market for digital business cards, followed by North America and Europe.
37% of small businesses and 23% of individuals have used a digital business card app, and this number is expected to increase significantly due to the limitations of physical business cards.
The top 7 digital business card solutions collectively receive around 4.25 million combined monthly visitors.
The rise of mobile usage, with 90% of the global population owning smartphones, is a significant factor influencing the market.