Market overview
The global loyalty program market is worth USD 12.9 bn in 2026 and is forecast to reach USD 36.6 bn by 2036, growing at a 11.0% CAGR. United States is the largest country market and Platforms and software is the largest by component segment.
| Scope | Loyalty programme platforms and services: loyalty software, program design and managed operations, and rewards fulfilment sold to retailers, airlines, hotels, banks and other brands. |
|---|---|
| Industry | Travel and Tourism |
| Value 2025 | USD 11.5 bn |
| Value 2026 | USD 12.9 bn |
| Value 2036 | USD 36.6 bn |
| CAGR 2026-2036 | 11.0% |
| Volume 2026 | 182 thousand programmes |
| Volume 2036 | 445 thousand programmes |
| Average price 2026 | USD 70,740 per programme |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Loyalty Program market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 12.9 bn |
| 2027 | USD 14.3 bn |
| 2028 | USD 15.9 bn |
| 2029 | USD 17.6 bn |
| 2030 | USD 19.6 bn |
| 2031 | USD 21.7 bn |
| 2032 | USD 24.1 bn |
| 2033 | USD 26.7 bn |
| 2034 | USD 29.7 bn |
| 2035 | USD 32.9 bn |
| 2036 | USD 36.6 bn |
Loyalty Program market segmentation
By component
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Platforms and software | 46.0% | 55.6% | USD 5.9 bn | 13.1% |
| Consulting and managed services | 40.0% | 33.7% | USD 5.2 bn | 9.1% |
| Rewards fulfilment | 14.0% | 10.8% | USD 1.8 bn | 8.1% |
By industry
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Retail and consumer goods | 32.0% | 32.8% | USD 4.1 bn | 11.3% |
| Travel and hospitality | 20.0% | 18.7% | USD 2.6 bn | 10.3% |
| Banking and insurance | 20.0% | 20.5% | USD 2.6 bn | 11.3% |
| Telecom | 8.0% | 6.8% | USD 1.0 bn | 9.3% |
| Healthcare | 6.0% | 6.7% | USD 773 mn | 12.3% |
| Other | 14.0% | 14.4% | USD 1.8 bn | 11.3% |
By programme type
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Points-based | 52.0% | 47.0% | USD 6.7 bn | 9.9% |
| Tiered | 18.0% | 16.3% | USD 2.3 bn | 9.9% |
| Coalition | 12.0% | 9.9% | USD 1.5 bn | 8.9% |
| Paid and subscription | 10.0% | 18.2% | USD 1.3 bn | 17.9% |
| Cashback | 8.0% | 8.7% | USD 1.0 bn | 11.9% |
By reward type
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Product discounts | 28.0% | 24.0% | USD 3.6 bn | 9.3% |
| Travel and experiences | 22.0% | 22.0% | USD 2.8 bn | 11.0% |
| Gift cards and vouchers | 24.0% | 22.0% | USD 3.1 bn | 10.0% |
| Exclusive perks and access | 26.0% | 32.0% | USD 3.3 bn | 13.3% |
By enterprise size
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Large enterprises | 62.0% | 58.0% | USD 8.0 bn | 10.3% |
| Mid-sized companies | 24.0% | 26.0% | USD 3.1 bn | 11.9% |
| Small businesses | 14.0% | 16.0% | USD 1.8 bn | 12.5% |
Top 25 countries for loyalty program by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 77.0% of 2026 revenue and the 25 countries below together hold 94.0%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | United States | USD 4.6 bn | 36.0% | USD 12.2 bn | 10.2% |
| 2 | United Kingdom | USD 902 mn | 7.0% | USD 2.4 bn | 10.2% |
| 3 | China | USD 773 mn | 6.0% | USD 2.9 bn | 14.2% |
| 4 | Germany | USD 644 mn | 5.0% | USD 1.7 bn | 10.1% |
| 5 | India | USD 644 mn | 5.0% | USD 2.6 bn | 15.1% |
| 6 | Canada | USD 515 mn | 4.0% | USD 1.4 bn | 10.1% |
| 7 | Australia | USD 515 mn | 4.0% | USD 1.4 bn | 10.1% |
| 8 | France | USD 451 mn | 3.5% | USD 1.2 bn | 10.0% |
| 9 | Japan | USD 451 mn | 3.5% | USD 1.1 bn | 9.3% |
| 10 | Brazil | USD 386 mn | 3.0% | USD 1.2 bn | 12.1% |
| 11 | Spain | USD 292 mn | 2.3% | USD 845 mn | 11.2% |
| 12 | Italy | USD 260 mn | 2.0% | USD 750 mn | 11.2% |
| 13 | Mexico | USD 232 mn | 1.8% | USD 669 mn | 11.2% |
| 14 | South Korea | USD 206 mn | 1.6% | USD 596 mn | 11.2% |
| 15 | Netherlands | USD 183 mn | 1.4% | USD 530 mn | 11.2% |
| 16 | Singapore | USD 164 mn | 1.3% | USD 472 mn | 11.2% |
| 17 | United Arab Emirates | USD 146 mn | 1.1% | USD 450 mn | 11.9% |
| 18 | Turkey | USD 129 mn | 1.0% | USD 373 mn | 11.2% |
| 19 | Sweden | USD 115 mn | 0.9% | USD 333 mn | 11.2% |
| 20 | Switzerland | USD 102 mn | 0.8% | USD 296 mn | 11.3% |
| 21 | Indonesia | USD 91 mn | 0.7% | USD 282 mn | 11.9% |
| 22 | Russia | USD 81 mn | 0.6% | USD 234 mn | 11.2% |
| 23 | Poland | USD 72 mn | 0.6% | USD 208 mn | 11.2% |
| 24 | Saudi Arabia | USD 64 mn | 0.5% | USD 197 mn | 11.9% |
| 25 | Thailand | USD 57 mn | 0.4% | USD 165 mn | 11.2% |
| Rest of world | USD 769 mn | 6.0% | USD 2.2 bn | 10.9% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Salesforce
- Oracle
- Epsilon
- Comarch
- Capillary Technologies
- Bond Brand Loyalty
- Merkle
- Maritz Motivation Solutions
Group 2: Regional and specialist players
- Antavo
- Annex Cloud
- Yotpo
- Smile.io
- Open Loyalty
- Eagle Eye
- Talon.One
- Paytronix
- Punchh
Group 3: Emerging and niche players
- LoyaltyLion
- Zinrelo
- Voucherify
- Rise.ai
- Stamped
- Thanx
- Fivestars
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the loyalty program market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 11.0% is calculated from the resulting values.
The market is divided by component, by industry, by programme type, by reward type, by enterprise size. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the loyalty program market?
The global loyalty program market is estimated at USD 11.5 bn in 2025 and USD 12.9 bn in 2026.
How fast will the loyalty program market grow?
It is forecast to reach USD 36.6 bn by 2036, a compound annual growth rate of 11.0% from 2026, an increase of USD 23.7 bn.
Which country is the largest market for loyalty program?
United States is the largest market by revenue at USD 4.6 bn in 2026, 36.0% of the global total. The three largest countries together hold 49.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 15.1% a year from 2026 to 2036.
Which loyalty program segment is largest?
In the by component split, Platforms and software is the largest segment with 46.0% of 2026 revenue.
Who are the leading loyalty program companies?
Global leaders include Salesforce, Oracle, Epsilon, Comarch.
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