Press release
Loyalty Management Market to reach USD 27.15 Bn by 2029, emerging at a CAGR of 15.2 percent and forecast 2023-2029
Loyalty Management Market
This comprehensive report delves into the Loyalty Management Market, offering insights into market characteristics, drivers, restraints, and regional trends. It also provides an in-depth analysis of research methodology.
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Loyalty Management Market Research Methodology:
Our report is based on rigorous research methods, including data collection, analysis, and interpretation. We have used industry-standard research techniques to ensure the accuracy and reliability of our findings.
What are Loyalty Management Market Dynamics:
Artificial Intelligence (AI) and related technologies are increasingly shaping loyalty management, particularly in industries with frequent customer interactions. AI enables organizations to analyze customer behavior, predict purchasing patterns, and offer customized products and services.
For example, Walgreens uses AI to personalize offers based on customer purchase history, strengthening customer loyalty. The industry is poised for growth due to the increasing adoption of AI by brands to secure customer loyalty.
Loyalty Management Market Regional Insights:
North America dominates the global Loyalty Management market, with a 30% market share and revenue of US$ 0.81 billion in 2022. Asia Pacific is expected to grow rapidly, driven by increasing mobile technology adoption and a customer-centric approach.
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What is Loyalty Management Market Segmentation:
by Organization Size
Large Enterprises
Small & Medium Enterprises
by Solution Customer Loyalty
Channel Loyalty
Employee Retention
by Deployment Mode
On-demand
On-Premise
by Vertical
BFSI
Retail & Consumer Goods
Healthcare & Life Sciences
Manufacturing
IT & Telecommunication
Travel & Hospitality
Media & Entertainment
Others
Due to the increasing e-commerce industry's use of non-cash payment methods globally, which is increasing the transaction application, in the market, the transaction sector is anticipated to have the bigger market size throughout the forecast period.
Online Analytical Processing (OLAP) and Online Transaction Processing (OLTP) are the two categories according to processing type. OLAP systems are anticipated to experience the fastest CAGR growth among them all during the projection period. OLAP systems are frequently used for corporate process management, sales management, forecasting, and corporate Intelligence (BI). Organisations' struggles with massive data are aided by in-memory OLAP solutions.
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Who are Loyalty Management Market Key Players:
1. VeriPark
2. Target Brands, Inc.
3. Oracle Corporation
4. Kobie
5. IBM Corporation
6. Comarch SA
7. Bond Brand Loyalty
8. Antavo
9. TIBCO Software, Inc.
10. Maritz Motivation, Inc.
11. ICF International, Inc.
12. Epsilon
13. Capillary Technologies
14. Blue Ocean Contact Centers, Inc.
15. Aimia, Inc.
16. SAP SE
17. Lumata Group
18. Apex Loyalty
19. Paystone
20. FiveStars
21. Sailplay
Table of content for the Loyalty Management Market includes:
Global Loyalty Management Market: Research Methodology
Global Loyalty Management Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Loyalty Management Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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