Loyalty Management Market Foresees Bright Future Ahead
The offerings include expansion of coverage to daily consumer spending, innovative rewards leading to an increase in scope for consumer response and retention followed by collaboration opportunities for enhanced services .Loyalty management software tools basically aims at building successful loyalty program for business and individual customers. Key enterprises are focusing on implementing these tools with an objective to maintain high customer satisfaction, by providing specialized loyalty programs which includes special auctions, lotteries, coupons or benefits through one platform. The global Loyalty Management market is expected to grow at a significant rate during the forecast period from 2017 to 2025.
Obtain Report Details @
Global Loyalty Management market has been segmented on the basis of solution, organizational size, deployment type and end user industry. On the basis of solution, the market is segmented into employee retention, customer loyalty and channel loyalty. By organizational size, the market has been segmented into small, medium and large enterprises. In terms of deployment type, the market is segmented into on demand and on-premises. End user industry segment is further segregated into Banking, Financial Services and Insurance, IT and Telecom, healthcare, manufacturing and hospitality among others.
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. Growing investments in card loyalty systems technology followed by increase in application of big data and machine learning serves as opportunities for the market. In addition, increasing sophistication of online reward management solutions are also acting as opportunity factors in the growth of global Loyalty Management market during the forecast period from 2017 to 2025.
Get accurate market forecast and analysis on the Loyalty Management Market. Request a sample to stay abreast on the key trends impacting this market
Geographically, global Loyalty Management market has been segmented into North America, Europe, Asia Pacific, Middle- East and Africa (MEA) and Latin America. In 2016, North America held the largest share of the Loyalty Management market owing to increasing focus of major industry verticals including government and BFSI among others on loyalty programs for customer retention, good employee engagement and cross selling. Europe followed North America in the global Loyalty Management market owing to increasing number of customers opting for a retail shop. In addition, Latin America shows a significant and fastest growth in the global Loyalty Management market during the forecast period owing to increase in card transactions in countries such as Mexico and Brazil followed by increase in investments by consumers in various benefit vouchers and options. All these factors are expected to increase the demand of Loyalty Management market during the forecast period from 2017- 2025.
The major players operating in the global Loyalty Management market includes Oracle Corporation (The U.S.), SAP SE (Germany), Comarch (Poland), Brierley+Partners (The U.S.), ICF International, Inc. (The U.S.), TIBCO Software (The U.S.), Fidelity Information Services (FIS) (The U.S.), Lumata Group (U.K.), IBM Corporation (The U.S.), Aimia Inc. (Canada), Bond Brand Loyalty (Canada), Bond Brand Loyalty (Canada) and MicroStrategy, Inc. (The U.S.) among others.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Loyalty Management Market Foresees Bright Future Ahead here
News-ID: 628277 • Views: 528
More Releases from TMR - Research Reports
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment
More Releases for Loyalty
Loyalty Management Market 2020-2025: Aimia, Annex cloud, Apex Loyalty, Apptivo, …
According to Market Study Report, Loyalty Management Market provides a comprehensive analysis of the Loyalty Management Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape and market share information in the Loyalty Management Market. An exclusive data offered in this report is collected by research and industry experts team. Get Free Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=3470312 The Global
Loyalty Management Industry Analysis By Solution Customer Loyalty, Employee Rete …
The Global Loyalty Management Market based on deployment type is segmented into two notable segments; on-premises and on-demand. In 2018, industry-specific is expected to dominate the loyalty management market with highest market share and is growing at a healthy CAGR in the forecast period 2018 to 2025. However, on-demand segment is expected to grow at the highest CAGR in the forecast period. Request for a sample copy of this research report@
Food Botanicals Market - Building brand loyalty 2025
Global Food Botanicals Market: Snapshot Botanicals are essential dried parts of plants that are known for their properties of medical and therapeutics, scent, and flavor. Extracted in the form of ethanol, water, essential oils, or other organic solvents, botanicals have been used by the food industry for several decades and are frequently available at pharmacies and supermarkets. According to the findings of this business intelligence study, the food industry is on
Celebrate this Festivity with PAYBACK’s Loyalty Points
Celebrate this Festivity with PAYBACK’s Loyalty Points Loyalty programs which reward buyers for engaging with the brand have steadily grown in popularity in the recent years. So let's find out how the loyalty points system works? We all have received communication from brands regarding loyalty programs in the past and as a customer, you must have thought what loyalty programs & points are about? The mechanism behind loyalty program and
Customer loyalty goes mobile - The m'loyal way
The idea and approach of loyalty is changing fast. Loyalty is no more a plastic card that you use for few weeks and then can't find it anymore. Loyalty has moved to mobile. Customer mobile number is a unique identifier and helps marketeers plan highly precise campaigns. The concept of mobile loyalty has moved from being an incentive program for the consumer to one to one marketing. The investment on loyalty
Golden Systems Expands Its Loyalty Program
Dubai, United Arab Emirates, September 27, 2011: Looking at the success of its AVARDZ loyalty program in the GCC region, Golden Systems Middle East has decided to extend this popular program to partners in other Middle East countries as well. The AVARDZ program, which was launched in 2010, is Golden Systems’ flexible online loyalty program created and designed exclusively for qualified individuals from the IT retail industry who support, promote