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Retail Loyalty Program Market, Global Outlook and Forecast 2023-2029

Retail Loyalty Program Market, Global Outlook and Forecast 2023-2029

  • Published on : 12 May 2023
  • Pages :101
  • Report Code:SMR-7685552

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Report overview

Before the internet, advertisements were aimed at the masses. This made ads less effective, inauthentic, and even irritating. Fortunately, modern marketing allows many different methods of promotion that will reach the customer with one-on-one communication and will help to improve customer lifetime value. A retail loyalty program is one of the best tools for moving the marketing strategy to the next level. It?s an ideal tool for collecting user data, (including the most valuable zero-party data) and understanding a client's purchasing patterns. In exchange, customers get more personalized offers and additional benefits from joining a customer loyalty program. This significantly increases the customer experience and reduces customer churn.

This report aims to provide a comprehensive presentation of the global market for Retail Loyalty Program, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Retail Loyalty Program. This report contains market size and forecasts of Retail Loyalty Program in global, including the following market information:
Global Retail Loyalty Program Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Retail Loyalty Program market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Points-based Loyalty Programs Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Retail Loyalty Program include FIS Corporate, Maritz, IBM, TIBCO Software, Hitachi-solutions, Oracle Corporation, Aimia, Comarch and Exchange Solutions, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Retail Loyalty Program companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Retail Loyalty Program Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Retail Loyalty Program Market Segment Percentages, by Type, 2022 (%)
Points-based Loyalty Programs
Tier-based Loyalty Programs
Subscription-based Loyalty Programs
Others
Global Retail Loyalty Program Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Retail Loyalty Program Market Segment Percentages, by Application, 2022 (%)
Small and Medium Enterprise
Large Enterprise
Global Retail Loyalty Program Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Retail Loyalty Program Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Retail Loyalty Program revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Retail Loyalty Program revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
FIS Corporate
Maritz
IBM
TIBCO Software
Hitachi-solutions
Oracle Corporation
Aimia
Comarch
Exchange Solutions
Creatio
Customer Portfolios
Antavo
SAP
Epsilon Data Management LLC
Kobie Marketing Inc.
BREIRLEY+PARTNERS
Fivestars
ICF Next
Lacek Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Retail Loyalty Program, market overview.
Chapter 2: Global Retail Loyalty Program market size in revenue.
Chapter 3: Detailed analysis of Retail Loyalty Program company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Retail Loyalty Program in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.