Growing demand for CRM solutions across various industry verticals to drive global Customer Relationship Management (CRM) Management Software market over the forecast period
According to TechSci Research report, “Global Customer Relationship Management (CRM) Software Market By Deployment, By Organization Size, By Application, By End-user, By Region, Competition, Forecast & Opportunities, 2025”, the global Customer Relationship Management (CRM) Software market is projected to grow at a CAGR of 15% during 2021 – 2025 on account of growing demand for CRM solutions across various industry verticals. Furthermore, increasing digitalization of enterprises across industry verticals and penetration of cloud technology and various service models have been positively the market in the coming years. However, data and security concerns and stringent government rules & regulations are expected to restrict the growth of market over the next few years.
Browse 139 market data Tables and Figures spread through125 Pages and an in-depth TOC on“Global Customer Relationship Management (CRM) Software Market”
The global CRM Software market is segmented based on deployment, organization size, application, end-user, and region. Based on deployment, the market can be categorized into cloud-based and on-premises segments. The cloud-based segment is expected to dominate the market over the next few years. Based on end-user segments, the market can be fragmented into BFSI, Healthcare, Manufacturing, IT & Telecommunication, Media & Entertainment, Energy & Utilities, Retail, Education, Others. Healthcare, Media & Entertainment, and BFSI segments accounted for the largest market shares in 2019, and this trend is expected to continue during the forecast period.
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“APAC is expected to witness significant growth in CRM Software market over the next five years, since the region is becoming the centre of digital innovation for the world. China and India are boosting the region’s CRM Software market. The competition in this region is fragmented and the cloud providers are looking at expanding the base of their solutions to most of the countries in the region during the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Customer Relationship Management (CRM) Software Market By Deployment, By Organization Size, By Application, By End-user, By Region, Competition, Forecast & Opportunities, 2025”, has evaluated the future growth potential of global Customer Relationship Management (CRM) Software market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global CRM Software market.