Loyalty management deals with designing of rewards to consumers for past purchase as well as provides them incentives with an objective to make future purchase. Rewards program aims at providing strong value to the customers followed by improved customer penetration, cross selling and retention.
America has the largest global sales in Loyalty Management market, while the Europe is the second sales volume market for Loyalty Management in 2018.
In the industry, Alliance Data Systems Corporation profits most in 2018 and recent years, while Oracle Corporation and IBM Corporation ranked 2 and 3.The market share of them is 39.65%, 11.12% and 9.48% in 2018.The gap of market share is keep on enlarged due to different strategy.
Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into the field. Technology and cost are two major problems.
According to this study, over the next five years the Loyalty Management market will register a 16.7% CAGR in terms of revenue, the global market size will reach US$ 5050 million by 2024, from US$ 2330 million in 2019. In particular, this report presents the global revenue market share of key companies in Loyalty Management business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Loyalty Management market by product type, application, key companies and key regions.
This study considers the Loyalty Management value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Customer Loyalty
Employee Retention
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Cosumer Goods & Retails
Travel & Hospitality
BFSI
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Alliance Data Systems Corporation
Oracle Corporation
IBM Corporation
Aimia Inc
SAP SE
Maritz Holdings Inc.
Fidelity Information Services
Bond Brand Loyalty
Brierley+Partners
ICF International, Inc.
Kobie Marketing
Tibco Software
Comarch
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Loyalty Management market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Loyalty Management market by identifying its various subsegments.
Focuses on the key global Loyalty Management players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Loyalty Management with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Loyalty Management submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Loyalty Management . Industry analysis & Market Report on Loyalty Management is a syndicated market report, published as Global Loyalty Management Market Growth (Status and Outlook) 2019-2024. It is complete Research Study and Industry Analysis of Loyalty Management market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.