Digital business cards have disrupted the market and are here to stay! Since I have been recommending digital business cards for a while, I decided to get a few awesome digital business cards statistics regarding
Philips and Sony jointly developed NFC in late 2002 for contactless communications. Europe’s Ecma International adopted the technology as a standard in December 2002. The International Organization for Standardization (ISO) and the International Electrotechnical Commission adopted it in December 2003. this is the technology used on digital business cards
Business cards In the trash
Statistic #3 – 63% of people throw their business cards away because they don’t need service.
Elissa Dunn Scott (26th October 2016) come out with a statistic stating that
88% of business cards distributed out get thrown away within a week. That mean 8.8 billion over 10 billion of business card will become rubbish in a week. Internationa Journal
Digital Business cards Market Value
Statistic # 2 business card market was valued at USD 242.3 million by 2027 with a CAGR of 11.2% during the forecast period, 2021–2027. Market research future
Digital Business Cards Market Gap
#3 – 77% of individuals and 63% of small business owners haven’t used a digital business card app before.
Traditional Business Cards are gone
#4 Since there’s no new data on the exact impact of the coronavirus crisis on this industry, it’s estimated that there the print rate of business cards decreased by over 70%
Digital NFC devices
It is estimated that up to 1.6 Billion NFC devices will be able to scan digital business cards and other devices. ABI Research 2019
NFC Modern Payments Digital Business Cards Statistics
96% of NFC users have used contactless mobile technology for payments or other needs. Over 75% of users reported using NFC-enabled devices at least twice a week. ABI Research.
NFC devices are the future
#4. Adoption of NFC devices that can read digital business cards has increased considerably
According to Statistic Brain (4th May 2017), the reasons given for throwing out
business cards included the customers feeling like they don’t need the service provided by the card giver (63%), don’t want to do business or dealing with specific card giver (24%), added business card information into digital contact list (9%) and other reason (4%).
Paper waste accounts for over 50% of all office waste. Digital business cards help reduce this waste. (Malaysian Green Technology Corporation, 2015)
Digital business cards are safe
Digital Business Cards Statistics state that NFC cards are safer than longer-range technologies such as RFID but since devices need to be as close as 10 cm one from another to transfer the information avoiding long-distance hacks almost in a 100% (International Journal of Electrical and Computer Engineering (IJECE)
The most expensive card (not digital but could be) isThe Black Astrum Signature. It can cost $1,400+ per card, comes with 30 carats worth of diamonds, and is made of Swiss metal.