Digital Business Card Market Size

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%.