Global Business Card Software Market Forecast to 2027 – COVID-19 Impact and Global Analysis – ResearchAndMarkets.com
The “Business Card Software Market Forecast to 2027 – COVID-19 Impact and Global Analysis by Deployment, Application” report has been added to ResearchAndMarkets.com’s offering.
According to this report the market was valued at US$ 1,057.6 million in 2019 and is projected to reach US$ 3,065.8 million by 2027; it is expected to grow at a CAGR of 14.7% from 2020 to 2027.
In 2019, North America led the global business card software market with 33.4% revenue share, followed by Europe and APAC. North America is the most technologically advanced region, with the US, Canada, and Mexico being the major economies. The sale of business card software is likely to surge rapidly in the coming years due to growing business and trade activities in the region. Business officials carry business cards and offer them to their professional connections when they meet; building up a strong company profile through business cards has, thus, become a trend. Branding is a vital part of successful business operations. Business cards enable professionals to increase brand recognition. These cards display crucial business information, such as address and phone number, which helps prospective customers approach the officials for business purposes effortlessly.
North America is highly receptive toward advanced technologies, such as the Internet of things (IoT), artificial intelligence (AI), and big data technology. Big data technology can be particularly useful in designing new business cards. According to a general observation of numerous brands in the region, the business cards that they printed several years ago are not compatible with current customer expectations. Hence, it has become crucial to update the cards to reflect ongoing changes in customer perception. Integrating big data technology with business card software allows …