Global Loyalty Management Software Market Growth (Status and Outlook) 2023-2029

Global Loyalty Management Software Market Growth (Status and Outlook) 2023-2029

Loyalty management software helps retailers and companies in retaining customers by providing personalized offers. The software analysis the customer purchasing pattern, behavior, historical data, and more to offer reward points, coupons, discounts, and more, thereby attracting customers to company's products or services. This helps in business expansion, sales, and revenue generation.

LPI (LP Information)' newest research report, the “Loyalty Management Software Industry Forecast” looks at past sales and reviews total world Loyalty Management Software sales in 2022, providing a comprehensive analysis by region and market sector of projected Loyalty Management Software sales for 2023 through 2029. With Loyalty Management Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Loyalty Management Software industry.

This Insight Report provides a comprehensive analysis of the global Loyalty Management Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Loyalty Management Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Loyalty Management Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Loyalty Management Software and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Loyalty Management Software.

The global Loyalty Management Software market size is projected to grow from US$ 3622.5 million in 2022 to US$ 10510 million in 2029; it is expected to grow at a CAGR of 16.4% from 2023 to 2029.

Loyalty Ventures and Oracle Corporation are the top 2 companies in global loyalty management software market and account for about 25% of total market share. Geographically speaking, Americas holds about 45% of global market share, followed by APAC with about 25% share. In terms of type, Customer Loyalty segment holds an main share of about 70%. In terms of application, consumer goods & retail segment accounts for about 35% of the global share.

This report presents a comprehensive overview, market shares, and growth opportunities of Loyalty Management Software market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Customer Loyalty
Employee Retention
Channel Loyalty

Segmentation by application
BFSI
Travel & Hospitality
Consumer goods & Retail
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Loyalty Ventures
Oracle Corporation
IBM Corporation
Kognitiv Corporation (Aimia)
SAP SE
Brierley+Partners
Epsilon
Fidelity Information Services
Kobie Marketing
Bond Brand Loyalty
ICF International
Tibco Software
Comarch

Please note: The report will take approximately 2 business days to prepare and deliver.