Are you looking to add Business Card Scanning to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Business Card Scanning statistics of 2024.
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How much of an impact will Business Card Scanning have on your day-to-day? or the day-to-day of your business? Should you invest in Business Card Scanning? We will answer all your Business Card Scanning related questions here.
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On this page, you’ll learn about the following:
Best Business Card Scanning Statistics
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- Almost 50% of businesses use QR codes in some component of their marketing plan. [0]
- Among start ups that didn’t make it, 42 percent said it was because they had products that didn’t cater to what the market wanted or needed. [1]
- According to this report the market was valued at US$ 1,057.6 million in 2019 and is projected to reach US$ 3,065.8 million by 2027; it is expected to grow at a CAGR of 14.7% from 2020 to 2027. [2]
- In 2019, North America led the global business card software market with 33.4% revenue share, followed by Europe and APAC. [2]
- In 2019, Europe stood second in the business card software market with a share of 26.8%, and it is anticipated to witness a steady CAGR from 2020 to 2027. [2]
Business Card Scanning Software Statistics
- In 2019, North America led the global business card software market with 33.4% revenue share, followed by Europe and APAC. [2]
- In 2019, Europe stood second in the business card software market with a share of 26.8%, and it is anticipated to witness a steady CAGR from 2020 to 2027. [2]
Business Card Scanning Latest Statistics
- That’s 88% of the cards printed. [0]
- What percentage do sales increase for every 2,000 business cards handed out?Despite the 8 billion cards being tossed, a company’s sales increase 2.5% for every 2,000 business cards handed out. [0]
- Unfortunately, 63% of people feel this way, and throw the card away without a second thought. [0]
- you don’t want your business card to be one of the 88% tossed, add a photo. [0]
- Given the fact that 88% of business cards are thrown out, you can show your support by using recycled paper. [0]
- Before the 88% of recipients throw them out, though, many scan the card into an app like Evernote. [0]
- How many Americans have a smartphone?Today, 77% of Americans have a smartphone, which is 42% more than 5 years ago. [0]
- Tens of Millions business cards are printed every day but only 12% of those āsurvivesā after the first week of contact exchange. [3]
- There is no decent statistics on how often QR codes are used on business cards specifically, however, itās estimated that about 9.76 Million households scanned QR codes in 2018. [3]
- According to the United States Small Business Administration, there are more than 28 million small businesses in the nation. [1]
- Since 1995, small businesses have accounted for 65 percent of the net job growth in the country, and around 50 percent of those working in the United States do so for small companies. [1]
- Small businesses are growing a 2015 report indicated that businesses with less than $5 million in revenue per year experienced a yearover year growth of 7.8 percent , which was up a percent from the previous year. [1]
- Economic times may be influx and frightening, but the Small Business Association notes that economic factors the past few years have signaled a strengthening economy; the growth rate has been between 1.2 and 2.5 percent. [1]
- Around 69 percent of people start a business in their home and move to an outside office later only if the income and space need warrant it. [1]
- A large majority of people approximately 82 percent start businesses with personal funds. [1]
- Between 15 percent and 20 percent of adults in any age grouping have started a business or own their own business. [1]
- Real estate, finance and insurance have a 58 percent successful start up rate, so industry does matter. [1]
- All our dynamic QR codes contain 25% of additional data that helps scanning 4. [4]
- There were 51.1 million UK debit card holders in 2016, more than nine in ten adults (96%). [5]
- Card payments made up 78.4% of all retail sales in the UK by the end of Q1, 2017. [5]
- However, 2020 was the first year in which average credit card debt in the U.S. decreased down 14% from 2019. [5]
- The volume of cash being used in the UK dropped by up to 60% in 2020. [5]
- In the US, 28% of people stopped using cash altogether. [5]
- Online shopping made up 28% of sales in the UK in 2020, up from 19% the year before. [5]
- About 67% of small businesses have a company credit card, but only 24% say that itās the primary method of business spending. [5]
- Only 29% of American small business owners who collect credit card rewards actually use these to pay a business expense. [5]
- The average US business credit card interest rate is 19.71%. [5]
- For travel rewards cards, that rate is 20.56%. [5]
- SMEs make up 99% of British businesses and 13% of those use credit cards. [5]
- According to Merchant Savvy, global payments fraud has tripled from 2011 to 2020, rising from $9.84 billion to $32.39 billion. [5]
- In 2018, total fraud losses on UK issued cards amounted to Ā£671.4 million, up 19% from 2017. [5]
- Remote purchase fraud rose to Ā£506.4 million in 2018 (up 25% from 2017), including an estimated Ā£265.1 million in online fraud against UK retailers (up 29%). [5]
- Overall, 78% of all remote purchase fraud was committed online. [5]
- Mail and telephone order fraud against UK retailers also increased by 14%. [5]
- Broken down by channel, card fraud losses are composed of ATM fraud (3%), POS fraud (20%). [5]
- E commerce fraud still represents 50% of total UK card fraud losses at Ā£310.2 million. [5]
- UK Finance puts the e commerce fraud amount even higher Ā£393.4 million, or 59% of all card fraud. [5]
- Counterfeit card fraud cost Ā£16.3 million in 2018, a decrease of 33% from 2017 and 90% below its peak in 2008. [5]
- The sizable reduction between 2008 and today is likely the result of chips in cards. [5]
- Card ID theft increased 59% to hit Ā£47.3 million in 2018. [5]
- 73% of this value comes from CNP payments, 19% from transactions at pointof sale terminals, and 8% from transactions at automated teller machines. [5]
- Meanwhile card present fraud decreased by 9.5%. [5]
- The level of fraud as a portion of transaction value ranges from 0.005% for cards issued in Poland to 0.073 % for cards issued in Denmark in terms of value, and from 0.002% in Poland to 0.043% for cards issued in France in terms of volume. [5]
- The Netherlands (0.006%), Denmark (0.013%) and Norway (0.016%). [5]
- Payments made across borders but within SEPA make up 43% of total fraud, followed by domestic fraud (35%) and cross border fraud outside SEPA (22%). [5]
- Domestic fraud losses on French cards have plateaued at 0.032%. [5]
- Theft of card details accounted for 66.1% of total domestic card fraud losses in France. [5]
- The main methods of compromise responsible for fraud losses are lost and stolen fraud (16.3%) and CNP fraud (72.3%). [5]
- Together, the two categories accounted for 88.6% of losses in 2017. [5]
- 39% of card fraud losses in 2018 occurred on debit cards. [5]
- This is down from 57% in 2017. [5]
- Denmark also has an abnormally high level of lost and stolen fraud (52.7% of total losses). [5]
- In Q2 2018, contactless card fraud made up 65% of all fraudulent card payments, despite only 56% of all payments being contactless. [5]
- These losses primarily came from misuse of card information on the internet (70.7%) and card data stolen in Norway and used on counterfeit cards in/outside Norway (12.3%). [5]
- Card fraud losses in 2017 were a low ā¬25.9 million about 0.02% of payments. [5]
- CNP fraud made up 48.6% of total fraud losses in 2017. [5]
- Which means that rates of lost or stolen fraud (25.6%) and counterfeit fraud (21.8%). [5]
- At 38.6%, the US leads the world for reported credit card fraud losses as of 2018. [5]
- CNP fraud is 81% more likely than pointof sale fraud in the US. [5]
- CNP fraud hit $4.57 billion in the US in 2016, up 34% from 2015. [5]
- It is suggested that 80% of the credit cards in circulation in the US have been compromised. [5]
- 73% of Americans are very or somewhat concerned that their financial accounts, email or social profiles could be hacked. [5]
- A study also has pointed out that in the US; nearly 77 per cent of small and medium businesses believe that digital presence helps them in customer acquisition. [6]
- In fact, many studies have revealed that 88% of such cards are thrown out within a week. [6]
- The impact of COVID19 is short term; it is likely to decrease in the coming years. [2]
I know you want to use Business Card Scanning Software, thus we made this list of best Business Card Scanning Software. We also wrote about how to learn Business Card Scanning Software and how to install Business Card Scanning Software. Recently we wrote how to uninstall Business Card Scanning Software for newbie users. Donāt forgot to check latest Business Card Scanning statistics of 2024.
Reference
- creditdonkey – https://www.creditdonkey.com/business-card-statistics.html.
- ambir – https://www.ambir.com/blog/15-must-know-statistics-growing-small-business/.
- businesswire – https://www.businesswire.com/news/home/20200917005421/en/Global-Business-Card-Software-Market-Forecast-to-2027—COVID-19-Impact-and-Global-Analysis—ResearchAndMarkets.com.
- linlet – https://linlet.com/guide/article/165-Should-I-have-a-QR-code-on-my-business-card.
- codeqrcode – https://www.codeqrcode.com/blog/category/qr-code-campaigns/.
- spendesk – https://blog.spendesk.com/en/credit-card-statistics.
- designhill – https://www.designhill.com/design-blog/the-pros-cons-of-paper-vs-digital-business-cards/.
How Useful is Business Card Scanning
The primary benefit of business card scanning is its efficiency in transferring contact information from a physical card to a digital format. This eliminates the need for manual data entry and ensures that crucial details such as email addresses, phone numbers, and job titles are accurately captured and stored. Gone are the days of dealing with messy, cluttered stacks of business cards that require hours of sorting and keying in information into a databaseā now, professionals can effortlessly scan cards and have all the necessary details organized and easily accessible on their electronic devices.
Additionally, business card scanning allows for greater accessibility and portability of contact information. Rather than lugging around a bulky stack of cards, professionals can simply carry their smartphones or tablets and have all their contacts readily available at their fingertips. This convenience is especially beneficial for individuals who frequently travel or attend networking events, as it ensures that important contacts are always within reach no matter where they are.
Furthermore, the digitization of business cards enables better organization and searchability of contact information. Most scanning apps offer features such as tagging, categorization, and notes, allowing users to easily categorize and annotate their contacts for future reference. This makes it simple to sort through contacts based on specific criteria, such as industry, company, or geographic location, and quickly locate the right person for a particular need.
Another significant advantage of business card scanning is its environmental impact. By reducing the reliance on physical business cards, professionals can help minimize paper waste and contribute to a greener and more sustainable future. This shift towards digital contact management aligns with the growing trend of eco-conscious practices in the business world and demonstrates a commitment to reducing carbon footprints and promoting environmental responsibility.
Overall, business card scanning offers numerous benefits for professionals seeking to modernize and optimize their contact management practices. From improved efficiency and accessibility to enhanced organization and environmental sustainability, the advantages of digitizing business cards are undeniable. As technology continues to advance and redefine the way we conduct business, incorporating scanning solutions into everyday networking activities will undoubtedly become a standard practice for professionals across industries.
In Conclusion
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