What You Need To Know About Spotify Gift Card Statistics
According to recent statistics, the number of people who use gift cards on platforms like Spotify has been increasing rapidly. In 2020 alone, 22% of Americans reported using a digital gift card.
Statistics On The Number Of Gift Cards Used
- 22% of Americans report using a digital gift card in 2020, with the majority being used for music and video streaming services like Spotify.
- The most popular types of gifts cards are those that can be redeemed for music and audio content, with 42% of users citing this as their preferred type of gift card.
Statistics On The Number Of Gift Card Redemptions
As the number of people using digital gift cards continues to rise, so does the number of gift card redemptions. In 2020, an estimated $1.4 billion was spent on Spotify gift cards alone.