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Source: Think Business Today, https://thinkbusinesstoday.com/news/statistics-shared-on-spotify-gift-cards/0321616/
The rise of digital gifts has led to an increase in the popularity of gift cards, with many consumers opting for physical or digital equivalents instead of cash.
The global market size for gift card platforms is expected to reach $14.3 billion by 2025, growing at a CAGR of 8.1% from 2020 to 2025.
https://thinkbusinesstoday.com/news/statistics-shared-on-spotify-gift-cards/0321616/