NEW YORK, Jan. 11, 2022 /PRNewswire/ --
SaaS Customer Relationship Management(CRM) Market Facts at a Glance-
NEW YORK, Jan. 11, 2022 /PRNewswire/ --
SaaS Customer Relationship Management(CRM) Market Facts at a Glance-
Didn't Find What You Were Looking For? Customize Report-
Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.
We offer USD 1,000 worth of FREE customization at the time of purchase. Speak to our Analyst now!
According to the recent market study by Technavio, the SaaS Customer Relationship Management(CRM) Market is expected to increase by USD 44. 17 billion from 2020 to 2025. However, the growth momentum is likely to decelerate at a CAGR of 14%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets. North America will register the highest growth rate of 52% among the other regions.
Download FREE Sample: for more additional information about the key countries in North America
Vendor Insights-
The SaaS Customer Relationship Management(CRM) Market is fragmented, and the vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market.
Adobe Inc. - The company offers its SaaS Customer Relationship Management (CRM) applications under the brand names Stoke integration for Adobe Analytics + Microsoft Dynamics, Stoke integration for Adobe Analytics + Salesforce, Salesforce CRM Connector for Adobe Campaign, and others.
Find additional highlights on the vendors and their product offerings. Download Free Sample Report
Regional Market Outlook
The SaaS Customer Relationship Management(CRM) Market share growth in North America will be significant during the forecast period. US and Canada are the key markets for SaaS customer relationship management (CRM) in North America. Market growth in this region will be faster than the growth of the market in the South American and MEA regions.
The use of public cloud services by enterprises and the increased need for the analysis of customers' information will facilitate the SaaS customer relationship management (CRM) market growth in North America over the forecast period.
Download our FREE sample report for more key highlights on the regional market share of most of the above-mentioned countries.
Latest Drivers & Trends Driving the Market-
The rise in the deployment of cloud computing and software as a service (SaaS) has made CRM applications more affordable and accessible to small- and medium-sized enterprises (SMEs). SaaS CRM has given SMEs a platform to integrate multiple business functions such as sales management, contact management, marketing management, and productivity management into single applications. SaaS CRM enables simplified compliance and risk management. The increasing adoption of SaaS CRM by SMEs is one of the key SaaS customer relationship management market growth drivers.
The rising number of partnerships and acquisitions is another factor supporting the SaaS customer relationship management (CRM) market share growth. The growth of the global SaaS CRM market is increasing owing to the increased migration of business operations from the on-premises model to the cloud-based model by end-users. The inherent benefits of cloud computing, such as scalability, reliability, and high-resource availability, are compelling enterprises to adopt cloud architecture for their business models. To gain a competitive edge over other vendors, companies are investing in the development and provision of SaaS CRM
Find additional information about various other market Drivers & Trends mentioned in our FREE sample report.
Related Reports -
Software as a Service (SaaS) Market -The software as a service (SaaS) market has the potential to grow by USD 99.99 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 11.35%. Download a free sample now!
SaaS-based Business Analytics Market -The SaaS-based business analytics market size is expected to grow by USD 7.42 billion and record a CAGR of 13.11% during 2020-2024.Download a free sample now!
SaaS Customer Relationship Management (CRM) Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Decelerate at a CAGR of about 14% |
Market growth 2021-2025 |
USD 44.17 billion |
Market structure |
Fragmented |
YoY growth (%) |
14.14 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 52% |
Key consumer countries |
US, Canada, UK, Germany, and Japan |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Adobe Inc., Fujitsu Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., Sage Group Plc, Salesforce.com Inc., SAP SE, SugarCRM Inc., and Zendesk Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article