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  The  global gift cards market  size is estimated to be valued at  $1,396.0 billion by 2028 , surging from  $437.78 billion in 2020 , at a  CAGR of 15.4% . COVID-19 Impact on the Gift Cards Market During the COVID-19 pandemic, the global gift cards market experienced a significant impact. Various retail corporates in emerging countries like India and Japan have closed due to a drop-in instore consumer due to the pandemic. The gift cards market share has risen dramatically in recent years, but it is likely to face a modest fall in 2021 as a result of the COVID-19 pandemic. As a result, digital cards (e-gifting), often known as e-cards, have been the focus of technological innovation. Physical gift card sales were affected by store closures across the country owing to the COVID-19 pandemic. Get in touch with Expert Analyst for more Insights of Post COVID-19 Impacted Gift Cards Market@  https://www.researchdive.com/connect-to-analyst/8492 Global Gift Cards Market Insight Consistent consu

The  global wealth management market  size is estimated to be valued at  $850.90 billion by 2028 , surging from  $498.70 billion in 2020 , at a  CAGR of 7.1% . Global Wealth Management Market Analysis The growth is likely to be fueled by an increase in the number of high net worth individuals (HNWIs) around the world. HNWIs have cultivated a tight working connection with investment banks and independent financial advisors in order to understand their company goals and build investment strategies. HNWIs participate in financial markets to maximize their profits. Traditional wealth management of an ever-increasing number of individuals is a difficult and hazardous responsibility for financial institutions. As a result, demand for tools or systems to automate wealth management procedures is steadily increasing. To make their commercial responsibilities easier, many companies are turning their focus to digital platforms. The wealth management system enables organizations to keep track of t

  The  global insurtech market  size  2020  is estimated to be valued at  $7,841.0 , growing at a  CAGR of 29.1%  and is expected to reach  $57,934.0 million by 2028 . COVID-19 Impact on the Insurtech Market The global insurtech market trend is projected to be positively impacted by the COVID-19 outbreak. Businesses all across the world are attempting to increase their competitiveness and market worth in order to prepare for the pandemic. Businesses and customers avoid personal touch to prevent the spread of infections. These actions will benefit artificial intelligence, blockchain, and other user-friendly insurance technology. As a result, the need for insurtech startups and solutions has increased considerably during the corona virus pandemic. Checkout How COVID-19 impacts the Insurtech Market. Click Here to Schedule a Call to Speak our Expert Analyst for Triangulate with your own data @  https://www.researchdive.com/connect-to-analyst/8506 Global Insurtech Market Analysis Market gro

  The world is facing an unexpected change and many of the industries are experiencing thought provoking situation due to the COVID-19 pandemic. Previous to the COVID-19 pandemic, there was high growth rate in digital banking market. But, since the occurrence of COVID- 19 outbreak it has been witnessed that digital banking has faced dual impact. The reason behind of this impact is the banks can utilize this disruption time as an opportunity for them by analyzing the need and importance of technologies to make their product and services digitalize across the globe. On the other side, larger use of technologies reduces completely the dependency on manual entities, person led reviews i.e. paper and employee intervention within banks. For example, According to RBI, for the financial year 2017-18, India’s banking sector witnessed a spike in cyber frauds and pegged the losses at $ 13.7 billion. With increased use of cashless and digital economy, it will be imperative for the banks to impleme

  The  global insurance brokerage market  is estimated to be valued at   $515.3 billion by 2028 , surging from   $317.9 billion in 2020 at a CAGR of 5.4%.  Impact Analysis of COVID-19 on the Insurance Brokerage Market During the COVID-19 pandemic, the worldwide market for insurance brokerage is expected to be affected adversely. Due to a decline in consumer demand for insurance, different insurance brokerage firms in developing countries have closed, and shareholders of public trading insurance brokerage firms are withholding their contributions from the company in order to raise funds to meet their daily and conventional needs. The insurance brokerage market has grown significantly in recent years; however, due to the outbreak of the COVID-19 pandemic, the market is expected to experience a minor decline in 2020. This is attributed to the execution of curfew by government bodies in most nations, as well as the closure of businesses and private & public companies around the globe,

  What is Digital Banking? Digital banking  is a commonly used expression, but it is an idea that is often mistaken. Digital banking involves the integration of every phase in banking that goes far beyond web or mobile banking. Full digitization of banks and all of their operations, services, and roles imply digital banking. To boost customer experience, digital Banking depends on Big Data, analyzes and integrates all new technologies. Online banking presents both customers and staff with a complete transformation to an online world that is frontend and backend. It's not just digitization of your services and products (the front end), but also process management (the back end) and the relation of these processes together to middleware. What is the difference between Digital banking and Online banking? Online banking is known as electronic transactions that use the internet as a gateway. Whilst online banking restricts you to what the banks offer, such as NEFT transactions, automate

The global digital banking market size is projected to grow at a CAGR of 8.9% by generating a revenue of $1,610.0 billion by 2027. The global digital banking market has seen major growth, owing to increasing utilization of mobile phones, tablets, and online banking platforms. In addition, due to constantly rising internet penetration and digitally literate population is expected to drive the growth of the global digital banking market. A large number of players are increasing their business around the globe, due to enhanced effective operations, the increased customer base and product portfolios, and extended geographical area. This is projected to strengthen the demand for the digital banking during the forecast period. The cost and the user friendliness of digital banking and increased use of electronic devices and easy adoption to the internet facilities are the digital banking market drivers in the estimated period. The technical development in the integration of blockchain is an a