The Global CRM Market is expected to grow by $ 42.41 bn during 2021-2025, progressing at a CAGR of 10.16% during the forecast period

Global CRM Market 2021-2025 Technavio has been monitoring the CRM market and it is poised to grow by $ 42. 41 bn during 2021-2025, progressing at a CAGR of 10. 16% during the forecast period.

New York, Dec. 31, 2021 (GLOBE NEWSWIRE) -- announces the release of the report "Global CRM Market 2021-2025" -
Our report on the CRM market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of CRM by SMEs and the increasing adoption of cloud-based offerings. In addition, increasing adoption of CRM by SMEs is anticipated to boost the growth of the market as well.
The CRM market analysis includes deployment and application segments and geographic landscape.

The CRM market is segmented as below:
By Deployment
• SaaS
• on-premise

By Application
• CRM customer service and support software
• CRM sales software
• CRM marketing software
• CRM e-commerce software

By Geographical Landscape
• North America
• Europe
• South America

This study identifies the focus on customer engagementas one of the prime reasons driving the CRM market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on CRM market covers the following areas:
• CRM market sizing
• CRM market forecast
• CRM market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading CRM market vendors that include Adobe Inc., Aurea Corp., HubSpot Inc., International Business Machines Corp., Microsoft Corp., Oracle Corp., Sage Group Plc, Inc., SAP SE, and Zoho Corp. Pvt. Ltd. Also, the CRM market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report:

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