Authored By: Sarah
19 Oct 2021

CRM Market: Key Drivers and Segmentation

Growth Drivers and Market Forecast for 2021-2025

Technavio’s CRM Market is set to grow by $ 42.41 bn, and the market will progressing at a CAGR of 10.16% till 2025. This research report identifies and analyses the growth drivers that will boost market growth. It also provides a thorough understanding of all the segments, trends and challenges that are likely to have an impact on the future prospects fo the market in focus.


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CRM Market: Top Drivers for Growth

One of the key factors that will drive growth is Increasing adoption of CRM by SMEs. This research report provides a comprehensive analysis of this and all the other factors that will boost growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. Our analysis is designed to empower clients with actionable insights that will help them leverage growth opportunities and formulate winning strategies to drive their business further.

Top Drivers for CRM Market Size to Grow by $ 42.41 bn During 2021-2025

CRM Market: Segments and Geographical Regions

This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. CRM Market is segmented by Deployment (SaaS and on-premise), Application (CRM customer service and support software, CRM sales software, CRM marketing software, and CRM e-commerce software), and Geography (North America, Europe, APAC, South America, and MEA). Request our Free Sample Report

CRM Market: Vendor Landscape

The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. Marke players must distinguish their product and service offerings through a clear and unique value proposition to prosper in this competitive market.  Adobe Inc., Aurea Corp., HubSpot Inc., International Business Machines Corp., Microsoft Corp., Oracle Corp., Sage Group Plc, Salesforce.com Inc., SAP SE, and Zoho Corp. Pvt. Ltd. are some of the major market participants. The report offers a detailed analysis of each of the above-listed vendors and their product portfolio.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

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The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of 10.16%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 42.41 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Increasing adoption of CRM by SMEs will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    55% growth will originate from North America
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Adobe Inc., Aurea Corp., HubSpot Inc., International Business Machines Corp., Microsoft Corp., Oracle Corp., Sage Group Plc, Salesforce.com Inc., SAP SE, and Zoho Corp. Pvt. Ltd.
     
  7. What are the market segments covered in this report?
    The market is segmented by Deployment (SaaS and on-premise), Application (CRM customer service and support software, CRM sales software, CRM marketing software, and CRM e-commerce software), and Geography (North America, Europe, APAC, South America, and MEA)
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