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(Hosting-NewsWire.com, January 20, 2018 ) According To New Research On 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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According to Data Bridge Market Research new Market Report 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
Growing need for competitive differentiation to expand market share is one of the important driver expected to boost the demand of global Loyalty Management market during the forecast period. Growing number of cardholders and use of rewards points as cash followed by significant rise in mobile technology are other factors expected to augment the demand of global Loyalty Management market during the forecast period. However, stringent government rules and regulations followed by lack of awareness about the benefits of loyalty programs are restraining the growth of global Loyalty Management market during the forecast period.
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
Get Detail TOC @ http://databridgemarketresearch.com/toc/?dbmr=global-loyalty-management-market
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.
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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Key Questions Answered in Global Loyalty Management Market Report:-
What will the market growth rate, Overview and Analysis by Type of Global Loyalty Management Market in 2024?
What are the key factors driving, Analysis by Applications and Countries Global Loyalty Management Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Loyalty Management Market?
Who are Opportunities, Risk and Driving Force of Global Loyalty Management Market?
Who are the opportunities and threats faced by the vendors in Global Loyalty Management Market?
What are the Global Loyalty Management Market opportunities, market risk and market overview of the Market?
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Source: EmailWire.Com 
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