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Loyalty Management Market 2019-2026: ICF International Inc., Tibco Software, Kobie Marketing Inc., Maritz Holdings Inc., Microstrategy Inc., Fidelity Information Services and Lumata Group

03-04-2020 12:15 PM CET | Media & Telecommunications

Press release from: Search4Research

Loyalty Management Market

Loyalty Management Market

Search4Research announced the addition of "Loyalty Management Market By Solution (Customer Loyalty, Channel Loyalty, Employee Retention), By Deployment Type (On-demand, On-premises), By Organization Size (Large Enterprises, SMEs), By End-User Vertical (BFSI, Retail & Consumer Goods, Healthcare & Life Sciences, Manufacturing, IT & Telecommunication, Travel & Hospitality, Media & Entertainment, Others), and By Regions (North America, Europe, Middle East and Africa, Latin America and Asia Pacific) - Global Outlook to 2026" to its research store.

Global Loyalty Management Market is valued USD 5.93 Billion in 2019 and is projected is to exhibit 14.7% CAGR during the forecast period. The market is projected to be around USD 15.49 Billion by 2026. The market is driven by the growing need for competitive differentiation.

Get Research Sample Copy at https://www.search4research.com/request-sample/376332/

Loyalty Management helps enterprises to reach the target and deliver incentives to the right customers. Many smart enterprises are taking advantage of different tools to carry out their daily management activities in different areas of enterprise. Loyalty Management Software refers to a web-based program that enterprises use to manage their customer programs.

The factors that drive loyalty Management Market include increasing adoption of omnichannel and multi-channel programs, technological advancements, and a growing need for competitive differentiation. The focus on a Loyalty programs to increase customer's retention and customers inclination towards online reward management solution are generating several opportunities for the loyalty management market. The e-commerce industry provides a competitive differentiation for encouraging loyalty programs. It helps in creating a place community to connect with people for creating loyalty.

Loyalty management includes analytics features to help businesses understand the buying behavior of their customers. Other useful features such as marketing automation and messaging tools, these features of loyalty management will help to boost the market growth over the period. At the same time, a lack of awareness about loyalty programs can limit the growth of the loyalty management market. The market studied is observing lucrative growth in double digits, owing to widespread adoption across industry verticals, and the client retention policies incorporated by various organizations in these verticals.

Complete Report is Available at https://www.search4research.com/industry-reports/376332/loyalty-management-market

North America held the largest market size in 2017, and it is expected to maintain its dominance over the period, followed by the Asia Pacific. The top nations contributing to the growth of the loyalty management market include the US and Canada. Leading loyalty management solution providers based in the region provide to major industries, such as BFSI, retail and consumer goods, healthcare and life sciences, and media and entertainment. Many businesses in the region have adopted the loyalty management solution for retaining customers and generating revenues.

The global Loyalty Management market is segmented into solution, deployment Type, organization size, and end-user vertical, and region. On the basis of the solution the market is divided into customer loyalty, channel loyalty, employee retention. Based on deployment type the market is segmented into on-demand, on-premises. Based on the organization size the market is further divided into large enterprises, SMEs. Based on end-user vertical the market is divided into BFSI, retail & consumer goods, healthcare & life sciences, manufacturing, it & telecommunication, travel & hospitality, media & entertainment, others. And based on the geography the market is further segregated into North America, Latin America, Europe and Asia Pacific.

The key players in Loyalty Management market are listed as IBM Corporation, Oracle Corporation, SAP SE, Comarch, Aimia Inc., Bond Brand Loyalty, Epsilon, Brierley+Partners, ICF International, Inc., Tibco Software, Kobie Marketing, Inc., Maritz Holdings Inc., Microstrategy, Inc., Fidelity Information Services, Lumata Group.

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Reason to Buy

1. This report provides in depth analysis for changing competitive dynamics and keeps you ahead of competitors
2. It provides a forward looking perspective on different factors driving or restraining market growth
3. It provides a ten-year forecast assessed on the basis of how the market is expected to grow
4. It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of various market segments

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Search4Research is a premier provider of market intelligence and consulting services. Our research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers. Our goal is to empower global businesses with accurate, actionable insights which would help them to strategize, plan ahead, and ultimately succeed in their endeavors.

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