What is Virtual Business Card Market?
Virtual Business Cards are the electronic formats of paper business card that owner can see and share on smartphone. It has analytics to track clicks and visits. In addition to that, Virtual Business Card gives dashboard comprehensive analytics of main link clicks, profile clicks, and hits on social media profiles. This type of business card helps to engage with people professionally and efficiently.
The market study is being classified, by Application (Business Owners, Sales Entrepreneurs, Marketing Agencies, Consultants, Events and Travels, Education & Training and Health and Beauty) and major geographies with country level break-up.
Switchit (United States), Adobe (United States), Techno Infonet (India), Haystack (Australia), Inigo (United States), L-Card (United States), About.me (United States), SnapDat (United States), CamCard (United States) and Knowee (Spain) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Virtual Business Card market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Virtual Business Card market by Type, Application and Region.
On the basis of geography, the market of Virtual Business Card has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Number of Social Media Web Pages
- Increasing Government Initiatives Towards Digitisation
Market Trend
- High Adoption of Virtual Business Cards in Enterprises
Restraints
- High Costs Associated with the Software Instalment
Opportunities
- Growing Initiatives for Go Green
- Growing Number of Sales Entrepreneurs in Emerging Economies
Challenges
- Low Internet Penetration in Rural Areas
Key Target Audience
Manufacturers, Government associations, Research organisations, Software developers and Others