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Reward and Incentive Services-Global Market Insights and Sales Trends 2025
Synopsis
Rewards and Incentives Services are a type of non-monetary compensation that companies use to motivate and reward their employees, customers, and partners. Rewards and incentives can take many forms, such as gift cards, vouchers, merchandise, experiences, trips, and more.
The global Reward and Incentive Services market size is expected to reach US$ 6709.4 million by 2029, growing at a CAGR of 8.9% from 2023 to 2029. The market is mainly driven by the significant applications of Reward and Incentive Services in various end use industries. The expanding demands from the For Employees and For Customers, are propelling Reward and Incentive Services market. Digital Rewards, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Reward in Kind segment is estimated at % CAGR for the next seven-year period.
There has been a growing shift from traditional paper-based reward systems to digital platforms and solutions. The increased adoption of mobile technology and online platforms has facilitated the delivery of rewards and incentives in a more efficient and convenient manner. Digital rewards, such as virtual gift cards, e-vouchers, or points-based systems, offer greater flexibility and personalization for both businesses and recipients.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Reward and Incentive Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Reward and Incentive Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Reward and Incentive Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Reward and Incentive Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Reward and Incentive Services covered in this report include Rybbon, Tremendous, Tango Card, Xoxoday, Giftbit, Blackhawk Network, Gyft (First Data Corporation), eGifter and Global Reward Solutions, etc.
The global Reward and Incentive Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Rybbon
Tremendous
Tango Card
Xoxoday
Giftbit
Blackhawk Network
Gyft (First Data Corporation)
eGifter
Global Reward Solutions
Gravy Gifts
Square
Giftogram
Knowband
Self-Service Networks
HMI Performance Incentives
Global Reward and Incentive Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Reward and Incentive Services market, Segment by Type:
Digital Rewards
Reward in Kind
Global Reward and Incentive Services market, by Application
For Employees
For Customers
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Reward and Incentive Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Rewards and Incentives Services are a type of non-monetary compensation that companies use to motivate and reward their employees, customers, and partners. Rewards and incentives can take many forms, such as gift cards, vouchers, merchandise, experiences, trips, and more.
The global Reward and Incentive Services market size is expected to reach US$ 6709.4 million by 2029, growing at a CAGR of 8.9% from 2023 to 2029. The market is mainly driven by the significant applications of Reward and Incentive Services in various end use industries. The expanding demands from the For Employees and For Customers, are propelling Reward and Incentive Services market. Digital Rewards, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Reward in Kind segment is estimated at % CAGR for the next seven-year period.
There has been a growing shift from traditional paper-based reward systems to digital platforms and solutions. The increased adoption of mobile technology and online platforms has facilitated the delivery of rewards and incentives in a more efficient and convenient manner. Digital rewards, such as virtual gift cards, e-vouchers, or points-based systems, offer greater flexibility and personalization for both businesses and recipients.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Reward and Incentive Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Reward and Incentive Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Reward and Incentive Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Reward and Incentive Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Reward and Incentive Services covered in this report include Rybbon, Tremendous, Tango Card, Xoxoday, Giftbit, Blackhawk Network, Gyft (First Data Corporation), eGifter and Global Reward Solutions, etc.
The global Reward and Incentive Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Rybbon
Tremendous
Tango Card
Xoxoday
Giftbit
Blackhawk Network
Gyft (First Data Corporation)
eGifter
Global Reward Solutions
Gravy Gifts
Square
Giftogram
Knowband
Self-Service Networks
HMI Performance Incentives
Global Reward and Incentive Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Reward and Incentive Services market, Segment by Type:
Digital Rewards
Reward in Kind
Global Reward and Incentive Services market, by Application
For Employees
For Customers
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Reward and Incentive Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Reward and Incentive Services
1.1 Reward and Incentive Services Market Overview
1.1.1 Reward and Incentive Services Product Scope
1.1.2 Reward and Incentive Services Market Status and Outlook
1.2 Global Reward and Incentive Services Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Reward and Incentive Services Market Size by Region (2018-2029)
1.4 Global Reward and Incentive Services Historic Market Size by Region (2018-2023)
1.5 Global Reward and Incentive Services Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Reward and Incentive Services Market Size (2018-2029)
1.6.1 North America Reward and Incentive Services Market Size (2018-2029)
1.6.2 Europe Reward and Incentive Services Market Size (2018-2029)
1.6.3 Asia-Pacific Reward and Incentive Services Market Size (2018-2029)
1.6.4 Latin America Reward and Incentive Services Market Size (2018-2029)
1.6.5 Middle East & Africa Reward and Incentive Services Market Size (2018-2029)
2 Reward and Incentive Services Market by Type
2.1 Introduction
2.1.1 Digital Rewards
2.1.2 Reward in Kind
2.2 Global Reward and Incentive Services Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Reward and Incentive Services Historic Market Size by Type (2018-2023)
2.2.2 Global Reward and Incentive Services Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Reward and Incentive Services Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Reward and Incentive Services Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Reward and Incentive Services Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Reward and Incentive Services Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Reward and Incentive Services Revenue Breakdown by Type (2018-2029)
3 Reward and Incentive Services Market Overview by Application
3.1 Introduction
3.1.1 For Employees
3.1.2 For Customers
3.2 Global Reward and Incentive Services Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Reward and Incentive Services Historic Market Size by Application (2018-2023)
3.2.2 Global Reward and Incentive Services Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Reward and Incentive Services Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Reward and Incentive Services Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Reward and Incentive Services Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Reward and Incentive Services Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Reward and Incentive Services Revenue Breakdown by Application (2018-2029)
4 Reward and Incentive Services Competition Analysis by Players
4.1 Global Reward and Incentive Services Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Reward and Incentive Services as of 2022)
4.3 Date of Key Players Enter into Reward and Incentive Services Market
4.4 Global Top Players Reward and Incentive Services Headquarters and Area Served
4.5 Key Players Reward and Incentive Services Product Solution and Service
4.6 Competitive Status
4.6.1 Reward and Incentive Services Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Rybbon
5.1.1 Rybbon Profile
5.1.2 Rybbon Main Business
5.1.3 Rybbon Reward and Incentive Services Products, Services and Solutions
5.1.4 Rybbon Reward and Incentive Services Revenue (US$ Million) & (2018-2023)
5.1.5 Rybbon Recent Developments
5.2 Tremendous
5.2.1 Tremendous Profile
5.2.2 Tremendous Main Business
5.2.3 Tremendous Reward and Incentive Services Products, Services and Solutions
5.2.4 Tremendous Reward and Incentive Services Revenue (US$ Million) & (2018-2023)
5.2.5 Tremendous Recent Developments
5.3 Tango Card
5.3.1 Tango Card Profile
5.3.2 Tango Card Main Business
5.3.3 Tango Card Reward and Incentive Services Products, Services and Solutions
5.3.4 Tango Card Reward and Incentive Services Revenue (US$ Million) & (2018-2023)
5.3.5 Xoxoday Recent Developments
5.4 Xoxoday
5.4.1 Xoxoday Profile
5.4.2 Xoxoday Main Business
5.4.3 Xoxoday Reward and Incentive Services Products, Services and Solutions
5.4.4 Xoxoday Reward and Incentive Services Revenue (US$ Million) & (2018-2023)
5.4.5 Xoxoday Recent Developments
5.5 Giftbit
5.5.1 Giftbit Profile
5.5.2 Giftbit Main Business
5.5.3 Giftbit Reward and Incentive Services Products, Services and Solutions
5.5.4 Giftbit Reward and Incentive Services Revenue (US$ Million) & (2018-2023)
5.5.5 Giftbit Recent Developments
5.6 Blackhawk Network
5.6.1 Blackhawk Network Profile
5.6.2 Blackhawk Network Main Business
5.6.3 Blackhawk Network Reward and Incentive Services Products, Services and Solutions
5.6.4 Blackhawk Network Reward and Incentive Services Revenue (US$ Million) & (2018-2023)
5.6.5 Blackhawk Network Recent Developments
5.7 Gyft (First Data Corporation)
5.7.1 Gyft (First Data Corporation) Profile
5.7.2 Gyft (First Data Corporation) Main Business
5.7.3 Gyft (First Data Corporation) Reward and Incentive Services Products, Services and Solutions
5.7.4 Gyft (First Data Corporation) Reward and Incentive Services Revenue (US$ Million) & (2018-2023)
5.7.5 Gyft (First Data Corporation) Recent Developments
5.8 eGifter
5.8.1 eGifter Profile
5.8.2 eGifter Main Business
5.8.3 eGifter Reward and Incentive Services Products, Services and Solutions
5.8.4 eGifter Reward and Incentive Services Revenue (US$ Million) & (2018-2023)
5.8.5 eGifter Recent Developments
5.9 Global Reward Solutions
5.9.1 Global Reward Solutions Profile
5.9.2 Global Reward Solutions Main Business
5.9.3 Global Reward Solutions Reward and Incentive Services Products, Services and Solutions
5.9.4 Global Reward Solutions Reward and Incentive Services Revenue (US$ Million) & (2018-2023)
5.9.5 Global Reward Solutions Recent Developments
5.10 Gravy Gifts
5.10.1 Gravy Gifts Profile
5.10.2 Gravy Gifts Main Business
5.10.3 Gravy Gifts Reward and Incentive Services Products, Services and Solutions
5.10.4 Gravy Gifts Reward and Incentive Services Revenue (US$ Million) & (2018-2023)
5.10.5 Gravy Gifts Recent Developments
5.11 Square
5.11.1 Square Profile
5.11.2 Square Main Business
5.11.3 Square Reward and Incentive Services Products, Services and Solutions
5.11.4 Square Reward and Incentive Services Revenue (US$ Million) & (2018-2023)
5.11.5 Square Recent Developments
5.12 Giftogram
5.12.1 Giftogram Profile
5.12.2 Giftogram Main Business
5.12.3 Giftogram Reward and Incentive Services Products, Services and Solutions
5.12.4 Giftogram Reward and Incentive Services Revenue (US$ Million) & (2018-2023)
5.12.5 Giftogram Recent Developments
5.13 Knowband
5.13.1 Knowband Profile
5.13.2 Knowband Main Business
5.13.3 Knowband Reward and Incentive Services Products, Services and Solutions
5.13.4 Knowband Reward and Incentive Services Revenue (US$ Million) & (2018-2023)
5.13.5 Knowband Recent Developments
5.14 Self-Service Networks
5.14.1 Self-Service Networks Profile
5.14.2 Self-Service Networks Main Business
5.14.3 Self-Service Networks Reward and Incentive Services Products, Services and Solutions
5.14.4 Self-Service Networks Reward and Incentive Services Revenue (US$ Million) & (2018-2023)
5.14.5 Self-Service Networks Recent Developments
5.15 HMI Performance Incentives
5.15.1 HMI Performance Incentives Profile
5.15.2 HMI Performance Incentives Main Business
5.15.3 HMI Performance Incentives Reward and Incentive Services Products, Services and Solutions
5.15.4 HMI Performance Incentives Reward and Incentive Services Revenue (US$ Million) & (2018-2023)
5.15.5 HMI Performance Incentives Recent Developments
6 North America
6.1 North America Reward and Incentive Services Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Reward and Incentive Services Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Reward and Incentive Services Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Reward and Incentive Services Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Reward and Incentive Services Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Reward and Incentive Services Market Dynamics
11.1 Reward and Incentive Services Industry Trends
11.2 Reward and Incentive Services Market Drivers
11.3 Reward and Incentive Services Market Challenges
11.4 Reward and Incentive Services Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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