DUBLIN--(BUSINESS WIRE)--The "Loyalty Management Market - Segmented by Solution (B2C, B2B, Corporate), Industry Vertical (BFSI, Travel & Hospitality and Consumer goods & Retail), User-Handling Capacity (Limited and Extended) and Region - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global loyalty management market was valued at USD 2,160.06 million in 2017, and it is expected to reach a value of USD 6,823.01 million by 2023, at a CAGR of 21.13% during the forecast period (2018-2023).
Loyalty management is adopted by key companies across various industry verticals, whose primary focus is on client retention and further building of sustainable customer relationships. Moreover, high cost of customer acquisition is forcing companies to develop their own business model, focusing on client retention.
The market has been driven by the need for customer centric strategies as well as the increasing number of card holders across the globe. However, the lack of awareness about loyalty programs is expected to hinder the growth of the loyalty management market.
Select Highlights
- Implementation of a Customer-Centric Approach Across Businesses
- France to Witness Fastest Growth in the European Region
- BFSI Sector to Hold a Lion's Share of the Market
Key Players Profiled
- Aimia Inc.
- IBM Corporation
- Oracle Corporation
- Comarch SA
- SAP SE
- Epsilon Data Management LLC
- Fidelity Information Services Inc.
- TIBCO Software
- Martiz Holdings Inc.
- Kobie Marketing
Topics Covered
1. Introduction
2. Research Scope & Methodology
3. Market Analysis
4. Market Dynamics
5. Technology Snapshot
6. Segmentation - By Type of Solution
7. Segmentation - By Industry Vertical
8. Segmentation - By Deployment
9. Segmentation - By User-handling Capacity
10. Segmentation - By Geography
11. Vendor Market Share Analysis
12. Competitive Intelligence - Key Vendor Profiles
13. Investment Analysis
14. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/k2278m/global_loyalty?w=4