Global Loyalty Management Revenue Market Was Valued At 1993.84 M USD In 2017
Thursday, 27 Dec, 2018
The global revenue of Loyalty Management market was valued at 1993.84 M USD in 2017 and is expected to reach USD 6956.78 M USD in 2025. In the future eight years, we predict the CAGR of global revenue is 19.54%.
North America has the largest global export quantity and manufacturers in Loyalty Management market, while the Europe is the second sales volume market for Loyalty Management in 2017.
In the industry, Alliance Data Systems Corporation profits most in 2017 and recent years, while Oracle Corporation and IBM Corporation ranked 2 and 3.The market share of them is 40.23%, 11.00% and 9.45% in 2017.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are three mainly types of Loyalty Management, including Customer Loyalty, Employee Retention and Channel Loyalty. And Customer Loyalty is the main type for Loyalty Management, and the Customer Loyalty reached a sales value of approximately 1330.99 M USD in 2017, with 66.76% of global sales volume.
Loyalty Management technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.