Digital Business Card Market Size, Share, and COVID-19 Impact Analysis, By User Type (Individual User, Business User, Enterprise User), By Platform (Android, iOS, Windows), By Vertical (IT and Telecommunication, Marketing Agencies, BFSI, Sales Entrepreneurs, Others), Regional Forecast, 2024-2032

Digital business card, also called as a virtual or electronic business card, is a virtual mode of sharing professional profile details such as name, contact number, website, location, photo social media links, and much more about an individual or business. These cards are created on Android, iPhone, or computer, which are more cost effective than traditional paper cards. These digital business cards can be shared in various ways such as social media, email, QR code, and NFT tags.

Business contacts are immediately transferred to the user’s smartphone with the help of iOS or Android. The user can access, retrieve, or store all the connections and required information on the cloud. Near-field communications and augmented reality are used technologies in digital cards, empowering the growth of digitization. 

The rise in demand for smartphone users will open vigorous opportunities for the global digital business cards market. The rise of social media users, the emergence of new technology, and government initiatives are driving factors for the digital business cards market growth. Thus, sharing digital business has become convenient with everybody having a smartphone with the internet.

Impact of COVID-19 on the Global Digital Business Card Market:

With the widespread COVID-19, people are becoming more conscious of social distancing and adopting touch-free ways. Thus, the pandemic accelerated the way for online transactions and digitization.

The shift to a new approach and applications, such as virtual software meetings and platforms, allowing collaboration of different teams to work simultaneously on the same platform or new ways to make contacts, became necessary. Thus, digital business cards are becoming a key choice for business professionals.

Even before the pandemic, there were remote working, virtual meetings, and video conferencing, but the pandemic has accelerated the growth of digitization and higher investment in virtual events.

Key Insights:

The report will cover the following key insights:

• Micro & macroeconomic indicators


• Drivers, restraints, trends, and opportunities          


• Business strategies adopted by the players


• Impact of COVID-19 on the global digital business card market

Analysis by User Type:

Consumers are adopting advanced analytical features with an increasing focus on smartphone experience, and Android and iOS apps are becoming prominent. It is estimated to enhance the need for digital business cards.

Growing demand for managing finance across different verticals such as manufacturing, sales, and BFSI, and IT solutions is enhancing the development of business owner sectors. Further, the rising adoption of analytics, Big Data, IoT devices, and services is enhancing the demand for digital business cards. Thus, the business users segment accounts for the largest revenue share. 

Regional Analysis:

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The global market is divided into five regions, North America, the Middle East and Africa, South America, Asia Pacific, and Europe.

The North America region accounts for the largest revenue share in the digital business card market due to rapid digitization of businesses and enterprises. The presence of tech giants such as Adobe, HiHello, Inc., Mobilo, and many others has enhanced the adoption of technology such as digital business cards in the region.

Asia Pacific is the second highest-growing region for the digital business card market after North America. Due to digitization, the region has seen prominent growth in the digital business card market. More and more businesses are shifting toward a virtual mode, which has boosted the development of digital business cards in the Asia Pacific region. Digital development in India, Japan, China, Australia, and South Korea is the driving factor for the growing demand for digital business cards.

The distribution of the global digital business card market by region is as follows:

• North America – 30%


• South America – 10%


• Europe – 25%


• Middle East and Africa – 10%


• Asia-Pacific – 25%

Key Players:

The report includes key players such as Adobe (U.S.), Haystack (Australia), Inigo (U.S.), HiHello (U.S.), L-Card (U.S.), SnapDat (U.S.), CamCard (U.S.), CamCard (U.S.), Lulu systems, Inc., Techno Infonet (India), Mobilo (U.S.), About.me (U.S.), Switchit (U.S.), DizCard (Quancore) (India), Knowee (Spain), and many others. 

Segmentation:

Key Industry Developments:

• In October 2022, Scard developed a digital business card, digitally printed or created through tangible contacts, such as NFC-qualified stickers. It is a Singapore-based start-up that allows users to share their cards with the connections through a URL or QR code. It is also a virtual card that enables users to connect, share, and communicate on the specific desired channel.


• In October 2022, Adobe collaborated with Mastercard, Meta, and Etsy to develop digital solutions for small and medium businesses. It will provide small and medium enterprises access to adobe document cloud and adobe creative cloud.


• In August 2022, HiHello, a digital business card company, raised USD 7.5 million in a series by Foundry Group. Foundry Group is a funded group with participants such as August Capital and Lux Capital. HiHello was the first company to develop a digital business card in 2018. By 2019, California-based HiHello had users in more than 147 countries.


• In May 2022, Blinq, Australia-based start-up, raised USD 5 million from Square Peg Capital and Blackbird. Blinq is a digital business card start-up that provides users to share their professional identity with connections using an app and NFC card, short link, video call background, email signature, and QR code.