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Global loyalty management market growing at higher CAGR of 22.8% to 2024 illuminated by new report

Global loyalty management market growing at higher CAGR of 22.8% to 2024 illuminated by new report

Data Bridge Market Research brings to you this report on the Global Loyalty Management Market Report is a compilation with figures as recent as 2017 and forecasts up to 2024 that helps you track the unprecedented growth seen in the Information and Technology Industry giving you an edge to not just compete but to outmatch the competition. The report provides key statistics on the market status of the Loyalty Management Market manufacturers and is a valuable source of guidance and direction for companies and individuals.

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The Global Loyalty Management Market accounted for USD 1.56 billion in 2016 growing at a CAGR of 22.8% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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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 

Top Competitors Of Market:

  • Oracle,
  • IBM Corporation,
  • SAP SE,
  • TIBCO Software Inc.,
  • MicroStrategy Incorporated,
  • Kobie Marketing, Inc,
  • FIS,
  • Bond Brand Loyalty Inc.,
  • Comarch SA,
  • Aimia Inc.,
  • Brierley+Partners,
  • Epsilon,
  • ICF International, Inc.,
  • Maritz,
  • Lumata
  • Others.

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Market Segmentation:

On the basis of solution:-  customer loyalty, employee retention and channel loyalty.

On the basis of deployment type:- On-premises and On-demand.

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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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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

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