Dublin, July 26, 2023 (GLOBE NEWSWIRE) -- The "Singapore Loyalty Programs Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Loyalty Programs Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q1 2023 Update" report has been added to ResearchAndMarkets.com's offering.
The loyalty market in Singapore is expected to grow by 12.2% on annual basis to reach US$533.8 million in 2023.
In value terms, the loyalty market in Singapore has recorded a CAGR of 12.7% during 2018-2022.The loyalty market in Singapore will continue to grow over the forecast period and is expected to record a CAGR of 11.8% during 2023-2027. Loyalty market in the country will increase from US$475.8 million in 2022 to reach US$832.9 million by 2027.
This report provides a detailed data-centric analysis of the loyalty market opportunities and risks across a range of industry categories. With over 50 KPIs at the country level, this report provides a comprehensive understanding of loyalty market dynamics, market size and forecast, and market share statistics.
The report's research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities.
Scope
This report offers comprehensive and data-centric analysis of loyalty programs in Singapore, focusing on various key market segments. It includes an in-depth analysis of the Singapore retail sector's spend value trend, covering both e-commerce and point-of-sale spend. The report also examines the market size and future growth dynamics of loyalty programs based on key performance indicators, from 2018 to 2027.
Furthermore, the report delves into the loyalty spend market size and future growth dynamics based on functional domains, such as loyalty schemes and loyalty platforms. It also explores the loyalty program types, including points programs, tier-based programs, mission-driven programs, spend-based programs, gaming programs, free perks programs, subscription programs, community programs, refer-a-friend programs, paid programs, and cashback programs.
The study evaluates the loyalty spend market size and future growth dynamics by different channels, namely in-store, online, and mobile. Additionally, it provides insights into the loyalty schemes spend market size and future growth dynamics by various business models, including seller-driven, payment instrument, and others.
Moreover, the report analyzes the loyalty spend market size and future growth dynamics in key sectors, such as retail, financial services, healthcare & wellness, restaurants & food delivery, travel & hospitality (cabs, hotels, airlines), telecoms, media & entertainment, and others. It further examines the loyalty spend market size in these sectors specifically for online, in-store, and mobile app channels.
The report also categorizes the loyalty spend market size and future growth dynamics by retail, encompassing diversified retailers, department stores, specialty stores, clothing, footwear & accessories, toy & hobby shops, supermarkets, convenience stores, home merchandise, and others.
Additionally, the report evaluates the loyalty spend market size and future growth dynamics by accessibility, differentiating between card-based access and digital access.
Furthermore, the report analyzes the loyalty spend market size and future growth dynamics by consumer type, distinguishing between B2C consumers and B2B consumers.
The loyalty schemes spend market size and future growth dynamics are also assessed based on membership types, including free, free + premium, and premium.
Moreover, the loyalty platform spend market size and future growth dynamics are categorized by software types, such as analytics and AI-driven platforms and normal CRM platforms.
Additionally, the study explores the loyalty platform spend market size and future growth dynamics by vendor/solution partner, classifying them as in-house or third-party vendors.
Furthermore, the report assesses the loyalty platform spend market size and future growth dynamics by deployment, differentiating between cloud-based and on-premise deployments.
The report also examines the loyalty spend market size and future growth dynamics based on loyalty platforms and software platforms.
Lastly, the report presents the loyalty spend market size and forecast by consumer demographics and behavior, considering age group, income level, and gender, focusing on the year 2022.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 117 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value (USD) in 2023 | $533.8 Million |
| Forecasted Market Value (USD) by 2027 | $832.9 Million |
| Compound Annual Growth Rate | 11.7% |
| Regions Covered | Singapore |
For more information about this report visit https://www.researchandmarkets.com/r/the5zx
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