Digital Business Card Market size was USD 181.4 billion in 2024 and is estimated to reach USD 648.5 billion by the end of 2037, expanding at a CAGR of 10.3% during the forecast period, i.e., 2025-2037. In 2025, the industry size of digital business cards will be valued at USD 200 billion.
Mass-scale paper production is a primary factor contributing to carbon outrush in the global ecological system. The Environmental Paper Network estimates that worldwide paper use has surged by 400% over the last 40 years and an average U.S. citizen uses around 700 pounds of paper each year, which is the globally highest paper usage per capita. The U.S. paper usage reached 208 million tons in the last 20 years, a growth of 126% from 92 million tons. Despite accounting for a mere 5% of the world population, the U.S. uses 30% of the overall paper supply.
Paper usage poses a fundamental impact on the environment and public health. The paper and pulp sector is the fifth largest energy consumer, amounting a 4% of the total energy consumed, and paper’s share in municipal solid waste by weight is a staggering 35%. The paper pulp sector, which comprises the production of business cards consumes 33-40% of industrial traded wood and 13-15% of total wood consumed, further contributing to rampant deforestation. The European Journal of Sustainable Development Research 2023 report also predicts that global paper consumption is set to surge to 470 million metric tons by the end of 2032.
Global corporations are striving to decarbonize operations by shifting to paperless workplace initiatives as a part of Corporate Social Responsibility (CSR). It is a critical trait in aiding the adoption of the digital business card market. As per Research Nester’s analysis, around 45% of individuals prefer digital business cards due to their easy, convenient sharing and saving of contacts. Also, more than 70% of tech companies have adopted digital business cards across the world, and around 35% of conventional industries such as manufacturing are using digital business cards for contact sharing. Also, post-COVID, the traditional business card print rate dropped by around 70%.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
10.3% |
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Base Year Market Size (2024) |
USD 181.4billion |
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Forecast Year Market Size (2037) |
USD 648.5 billion |
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Regional Scope |
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Platform (iOS, Android, Web)
Android segment is projected to hold more than 51.3% digital business card market share by 2037. The high Android user base across the world is primarily contributing to the segmental growth. The Research Nester analyst estimates that there are around 3.3 billion Android OS users across the world and this number is expected to increase in the coming years. Android devices including smartphones are cost-effective and widely used by the public at large and consist of advanced and convenient technologies such as Bluetooth, NFC, and QR codes that aid in quick and efficient exchange of contacts.
Android platforms easily and seamlessly integrate with several other tools such as contact management applications, calendars, and email systems with minimal costs and efforts, which aids users in remaining updated and organized to share their professional information with others. Thus, easy compatibility, cost-effectiveness, and the presence of a high user base are collectively fueling Android-based digital business card adoption.
Type (Individual User, Business User, Enterprise User)
The enterprise user segment is anticipated to hold a dominating share of the global digital business card market through 2037. The scalability, easy integration of other tools, and cost-effectiveness are some of the factors driving the adoption of digital business cards for enterprise use. These advanced cards seamlessly integrate with systems such as customer relationship management (CRM) solutions, which efficiently track interactions, and follow-ups, and maintain comprehensive contact databases, driving demand among enterprises. Digital business cards are cost-effective to develop compared to conventional counterparts. The reduction of paper waste also makes them eco-friendly, aiding enterprises to align with sustainability trends.
Our in-depth analysis of the global digital business card market includes the following segments:
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Type |
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Platform |
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Pricing |
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Application |
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North America Market Forecast
North America digital business card market is expected to account for revenue share of more than 46.2% by the end of 2037. The strong presence of tech-savvy consumers, the swift digitalization of companies, and the existence of industry giants are contributing to the increasing sales of digital business cards. The strict environmental regulations and increasing adoption of sustainable practices are fueling the adoption of digital business cards.
In the U.S., businesses and professionals have started adopting contactless solutions including digital business cards as a result of post COVID-19 pandemic. Digital business cards eliminate the need for physical interaction and are a more secure and efficient way to exchange contact information. The advanced networking culture in the U.S. is also augmenting the demand for digital business cards for both individual and enterprise use.
In Canada, government initiatives such as the Digital Ambition to promote sustainable and tech-driven business practices are driving the use of digital business cards. As many companies both corporate and manufacturing prioritize sustainable practices the use of digital business cards is anticipated to accelerate.
Asia Pacific Market Statistics
The Asia Pacific digital business card market is estimated to offer lucrative opportunities for digital business card producers in the coming years due to the rising digital shift across various industries. The digital transformation positively influences the adoption of digital business cards in the region. The key market players' expansion in the region is also projected to drive innovations leading to the production of modern contact solutions.
The digital business card market is foreseen to increase at a healthy CAGR in Australia during the projected period. The increasing emergence of new companies in the market is highlighting the popularity of digital business cards. For instance, founded in 2018, Blinq Technologies is offering efficient and advanced digital business cards in the country. In May 2022, Blinq Technologies received an investment of around USD 3 million (AUS 5 million dollars) from Blackbird and Square Peg Capital to develop simple and effective contact-sharing solutions. The company integrated advanced technologies such as QR codes, NFC chips, and email signatures to enhance its digital business card solutions.
In India, the digital transformation trend coupled with supportive government initiatives is generating high-earning opportunities for digital business card producers. The government is investing heavily in infrastructure development initiatives such as the Smart Cities Mission and Housing for All, and the Digital India aim is estimated to drive the demand for digital business cards in the coming years.
The digital business card market is quite competitive with the presence of existing industry giants and the emergence of new companies. The key market players for forming strategic partnerships with other players to increase their market reach. They are also adopting mergers & acquisitions strategies to boost their product offerings with minimum investment. Region expansion tactics are further aiding them to tap into high-potential markets to multiply their revenue shares. Whereas start-ups are investing heavily in research and development activities to introduce innovative solutions and to stand out from the crowd. They also employ finding tactics to accelerate their production cycles.
Some of the key players include in digital business card market :
Author Credits: Abhishek Verma
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