Loyalty Management Market Size, Share & Growth Analysis, [2030] | With CAGR of 23.7%

At 23.7% CAGR, the global Loyalty Management Market size is projected to reach USD 28.65 billion by 2030

Pune,India, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Global Loyalty Management Market Size was valued at USD 5.29 billion in 2022 and is projected to reach USD 28.65 billion by 2030, exhibiting a CAGR of 23.7% during the forecast period. The surge is due to the growing software demand for the analysis of client purchasing behavior, patterns, historical customer data, and other factors. Fortune Business Insights presents this information in their report titled "Global Loyalty Management Market Forecast, 2023-2030."

Request a Free Sample PDF - https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/loyalty-management-market-101166

Key Industry Development-

March 2023 – Sabre Corporation entered into a partnership with Capillary Technologies to facilitate hoteliers and airlines with customer loyalty programs. Via the agreement, Sabre integrated Sabre platforms for hoteliers and airlines with the Capillary Loyalty Management solution.

Key Takeaways-

  • Loyalty management market size in North America was USD 1.71 billion in 2022
  • Industry Value Impacted Due to Drastic Change in Consumer Behavior
  • Cloud-based Demand to Rise Impelled by Affordable Program Designing Solutions
  • Retail Segment to Depict Appreciable Expansion Impelled by Rising Adoption

Discover the Leading Players Featured in the Report:

“Companies leading the global loyalty management market are Antavo Limited (U.K.), Capillary Technologies (India), Bond Brand Loyalty (Canada), Comarch SA (Poland), Epsilon Data Management, LLC (U.S.), Oracle Corporation (U.S.), Salesforce.com, Inc. (U.S.), Target Brands, Inc. (U.S.), TIBCO Software, Inc. (U.S.), VeriPark (U.K.)”

Report Scope & Segmentation

Report CoverageDetails
Forecast Period2023 to 2030
Forecast Period 2023 to 2030 CAGR23.7%
2030 Value ProjectionUSD 28.65 Billion
Base Year2022
Loyalty Management Market Size in 2022USD 5.29 Billion
Historical Data for2019 to 2021
No. of Pages150
Segments coveredDeployment, Enterprise Type, End Use and Geography

Browse Complete Report Details- https://www.fortunebusinessinsights.com/industry-reports/loyalty-management-market-101166

Drivers and Restraints-

Market Value to Surge Impelled by Rising Customer Preference for Personalized Solutions

One of the key factors driving the loyalty management market growth comprise the surging consumer preference for personalized solutions. This is attributed to the fact that the products aid in the improvement of overall experience and attracting customer attention.

However, the market expansion could be affected by the enforcement of strict government regulations including privacy laws, data security laws, trade stamp laws, and gift certificate laws.


By Deployment

  • On-premise
  • Cloud

By Enterprise Type

  • Large Enterprises
  • Small & Medium Enterprises (SMEs)

By End Use

  • BFSI
  • IT and Telecommunications
  • Transportation
  • Retail
  • Hospitality
  • Manufacturing
  • Media & Entertainment
  • Others (Consumer Electronics, Grocery)

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Regional Insights-

North America to Emerge as Key Region Driven by Rapid Software Adoption

The North America loyalty management market share is anticipated to depict substantial expansion throughout the forecast period. The surge is due to the growing customer preference for monetary incentives such as rebates, payback, free items, free shipping, and product discounts.

The Europe market is set to record lucrative growth over the estimated period. The rise is on account of the well-established presence of loyalty programs in numerous countries in Europe.

The Asia Pacific market is expected to grow at a considerable pace over the study period. The surge is due to the rising focus of industry players on the improvement of customer experience.

Quick Buy - Loyalty Management Market Research Report- https://www.fortunebusinessinsights.com/checkout-page/101166

Competitive Landscape-

Major Companies Ink Partnership Deals to Reinforce Industry Foothold

Leading industry participants focus on the adoption of a series of strategic initiatives for strengthening the positions of their businesses. These include merger agreements, acquisitions, the formation of alliances, and rollout of new solutions. Other initiatives comprise partnership agreements, collaborations, and an increase in research activities.


How big is the loyalty management market?

The loyalty management market size was USD 5.29 billion in 2022. It is expected to reach USD 28.65 billion by 2030.

How fast is the loyalty management market growing?

The loyalty management market will exhibit a CAGR of 23.7% during the forecast period, 2023-2030.

Related Reports:

Customer Data Platform Market Size, Share, Revenue Forecast and Opportunities

Retail Analytics Market Overview, Industry Share and Forecast

5G Infrastructure Market Size, Share, Opportunities & Analysis

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email: sales@fortunebusinessinsights.com


Loyalty Management Market Globenewswire