The Global Customer Relationship Management (CRM) Software Market is projected to grow at a CAGR of around 14.8% during the forecast period, i.e., 2022-27. The global market has observed noticeable growth during 2017-20, owing to growing efforts towards automation of marketing & sales activities and reducing the overall cost of delivering services like complaint management, customer helpdesk, and other service requests.
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CRM Software Market Will Hit Big Revenues in Future
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2. Company
Overviews
MarkNtel Advisors is a leading consulting, data analytics, and
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reports on diverse industry verticals. We being a qualitative &
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substantial & varied client base, including multinational
corporations, financial institutions, governments, and individuals,
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years and have conducted multi-industry research across 80+
countries, spreading our reach across numerous regions like
America, Asia-Pacific, Europe, the Middle East & Africa, etc., and
many countries across the regional scale, namely, the US, India,
the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
3. OurVisionand
Mission
We help our investors to establish robust strategies for the
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We understand that making durable, substantial, and unique
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Our team entails professional analysts and researchers who intelligently
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Our fact-based reports allow the user to design their motives, funds, and
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further expand into addressing queries while incorporating with them for
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Our Vision Our Mission
4. Market Insights
The Global Customer Relationship Management (CRM) Software
Market is projected to grow at a CAGR of around 14.8% during the
forecast period, i.e., 2022-27. The global market has observed
noticeable growth during 2017-20, owing to growing efforts
towards automation of marketing & sales activities and reducing the
overall cost of delivering services like complaint management,
customer helpdesk, and other service requests.
As a result, organizations are focused highly on adopting CRM
software equipped with AI capabilities. Moreover, the introduction of
flexible pricing models, such as spot pricing, volume-based, value-
based, etc., are also contributing to the rapid adoption of CRM
among small & medium enterprises (SMEs).
5. Key Driver
Integration of AI into CRM Software- The burgeoning demand for
Artificial Intelligence (AI)-based CRM software is due to the rapid
adoption of SaaS-based solutions and the rising number of AI-
based product offerings by technology providers globally.
Integrating AI into CRM solutions helps improve customer
engagement, sales insights, and social networking. In the
aftermath, it results in the increased adoption of point solutions,
expansion in computing & analytical abilities, & the surging
adoption of the SaaS delivery model. Furthermore, advancements
in AI, such as Machine Learning (ML), Natural Language Processing
(NLP), and Deep Learning, are some techniques contributing to the
Global CRM Software Market growth.
6. Market Segments
• By End User (Healthcare, E-commerce and Retail, BFSI, IT and
Telecom, Government, Others (Media, Energy and Utility,
Transportation, etc.))
• By Enterprise Size (Small and Medium Scale Enterprise, Large
Scale Enterprise
• By Application (Salesforce Automation, Customer Service,
Marketing Automation, Social Media Monitoring, Others (Lead
Generation, Integration, etc.))
• By Deployment Model (Cloud, On premise, Hybrid), By Region
(North America, South America, Europe, Middle East and Africa,
Asia-Pacific),
7. Top Companies
• Aurea Software, Inc.
• Infor, Inc
• Microsoft Corporation
• Oracle
• Salesforce
• Pegasystems
• SAP
• SAGE Group
• Sugar Customer Relationship Management (CRM)
• Zoho Corporation
• HubSpot
• NetSuite
• IBM Corporation
• Copper Customer Relationship Management (CRM), Inc.
• Adobe System Inc.
8. MarkNtel Advisors Target
Geographies- Focus
Areas
MarkNtel has strategically defined its target areas which are based on
evaluation by its analysts after analysing the growth potential of various
regions. Few of those parameters include:
-Political, Economic, Social, Technological and Environmental Analysis
-Credit Ratings provided by leading institutions
-GDP projections by bodies such as the World Bank, IMF, OECD, etc.
-Market Disruptions and the “Next Big Things”
9. Our 360°Approach: Combining
Various Techniques to Deliver
Holistic Solutions
• Desktop research
• Syndicated research &
reports
• Proprietary databases
• Industry associations
& trade data
• In-depth stakeholder
interviews
• Consumer surveys
• Mystery surveys
• Expert interviews
• Internal CRM/sales
data
• Social media data
• Data modelling for
forecasting and market
sizing
Secondary Research Primary Research Data Insights
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