|11-16-2018 06:03 PM CET - Industry, Real Estate & Construction||
Global Loyalty Management Market Analysis Focusing On Top Companies like Oracle, IBM, SAP, TIBCO Software Inc., MicroStrategy , Kobie Marketing, FIS, Bond Brand Loyalty, Comarch, Aimia Inc, Brierley+Partners, Epsilon, ICF, Maritz, Lumata
Press release from: Data Bridge Market Research
The report Global Loyalty Management Market by key players highlights the essential market dynamics of –Information and Technology sector. The efficiency of this segment has been studied deeply along with the noteworthy challenges and forthcoming growth opportunities and prospective. The report focuses in decision making abilities and supports to make effective counter strategies in order to achieve competitive advantage. Current market scenario of the segment and forecasts of the market situation have also been bounded in this market report.
Global Loyalty Management Market By Geography, Solution (Customer Loyalty, Employee Retention, Channel Loyalty), Deployment Type (On-Premises, On-Demand), Organization Size (SMEs, Large Enterprises), Vertical (BFSI, Travel & Hospitality, Retail & Consumer Goods, IT & Telecommunication, Media & Entertainment, Healthcare & Life Sciences, Manufacturing)- Industry Trends and Forecast to 2024
Global Loyalty Management Market is expected to reach USD 7,650.48 million by 2025 and is projected to register a healthy CAGR in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
The major factors contributing to the growth of the market includes factors such as increasing need of competitive differentiation to gain market presence, rising trend of loyalty programs. On the other hand, lack of stringent regulations is hampering the market growth.
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Growing need for competitive differentiation to expand market share is one of the important driver expected to boost the demand of global Loyalty Management market during the forecast period. Growing number of cardholders and use of rewards points as cash followed by significant rise in mobile technology are other factors expected to augment the demand of global Loyalty Management market during the forecast period. However, stringent government rules and regulations followed by lack of awareness about the benefits of loyalty programs are restraining the growth of global Loyalty Management market during the forecast period.
Top Competitors of Market:
• IBM Corporation,
• SAP SE,
• TIBCO Software Inc.,
• MicroStrategy Incorporated,
• Kobie Marketing, Inc,
• Bond Brand Loyalty Inc.,
• Comarch SA,
• Aimia Inc.,
• ICF International, Inc.,
Market Drivers And Restraints:
• Growing Mobile Technology
• Stringent Government Regulations
• Increasing Focus of Loyalty Programs
• Growing Usage of Rewards Points
• Growing Incentives For Making Future Purchases
• To perceive the most influencing pivoting and hindering forces in Loyalty Management Market and its footprint in the international market.
• Learn about the market policies that are being endorsed by ruling respective organizations.
• To gain a perceptive survey of the market and have an extensive interpretation of the Loyalty Management Market and its materialistic landscape.
• To understand the structure of Loyalty Management Market by identifying its various sub segments.
• Focuses on the key global Loyalty Management Market players, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the 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 consumption of Loyalty Management Market sub markets, with respect to key regions (along with their respective key countries).
• To strategically profile the key players and comprehensively analyze their growth strategies
• To analyze the Loyalty Management Market with respect to individual growth trends, future prospects, and their contribution to the total market.
On the basis of solution:- customer loyalty, employee retention and channel loyalty.
On the basis of deployment type:- On-premises and On-demand.
On the basis of organization size:- Large enterprises and small & medium enterprises.
On the basis of industry vertical:- Banking, financial services, and insurance, travel & hospitality, retail & consumer goods, IT & telecommunication, media & entertainment, healthcare & life sciences, manufacturing and others.
On the basis of geography:- North America, South America, Europe, Asia-Pacific, and Middle East & Africa. U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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