The Business Research Company’s CRM Software Global Market Report 2021 : COVID-19 Impact And Recovery
LONDON, GREATER LONDON , UK, November 1, 2021 /EINPresswire.com/ — According to the new market research report ‘CRM Software Global Market Report 2021: COVID-19 Impact And Recovery’ published by The Business Research Company, the CRM software market is expected to grow from $49.27 billion in 2020 to $50.81 billion in 2021 at a compound annual growth rate (CAGR) of 3.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $72.61 billion in 2025 at a CAGR of 9.3%. Increasing number of customers of the organizations and the rising need for customer satisfaction are expected to benefit the customer relationship management software market in the forecast period.
Request For A Sample For The Global CRM Software Market Report:
The customer relationship management (CRM) software market consists of sales of customer relationship management software which helps to build strong relationships with its customers. It analyzes the customer interactions and automates the activities identified with deals, advertising, and client support throughout the customer lifecycle. It causes the organizations to remain associated with their clients and improve productivity and furthermore helps in streamlining work forms. Some of the CRM software include Agile CRM, Recruit CRM, Sales mate CRM, NetSuite CRM.
Trends In The Global CRM Software Market
Social and Mobile CRM are increasingly integrating social media channels into CRM platforms to offer to its full capabilities on every smart device by having a real-time access at any place or time. This integration helps to achieve greater productivity, better customer experience, and access to more relevant information. Advertisers have embraced social media platforms to associate and share with customers for improving products and perceptions. These also help businesses to manage customer grievances, requests, and inquiries. More number of users can access the data using social and mobile CRM. For example, Wells Fargo has implemented social CRM to engage with the customers and improve their availability. Wells Fargo also uses CRM to solve customer queries.
Global CRM Software Market Segments:
The global CRM software market is further segmented:
By Deployment: Cloud CRM, On-Premise CRM
By Size of Enterprise: Small & Mid-Sized Enterprises, Large Enterprises
By Application: Sales, Marketing, Manufacturing, Customer Service, Social Networking, Supply Chain, Distribution, Others
By Geography: The global CRM software market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Report For The Global CRM Software Market At:
CRM Software Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides CRM software global market overviews, analyzes and forecasts market size and growth for the global CRM software market, CRM software global market share, CRM software market players, CRM software global market segments and geographies, CRM software market’s leading competitors’ revenues, profiles and market shares. The CRM software market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read CRM Software Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
CRM Software Market Organizations Covered: Salesforce, Microsoft, Oracle, SAP and SugarCRM.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Interested to know more about The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
Get a quick glimpse of our services here: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Here is a list of reports from The Business Research Company similar to the CRM Software Global Market Report 2021:
Software As A Service (SaaS) Global Market Report 2021: COVID-19 Impact And Recovery
Business Analytics & Enterprise Software Global Market Report 2021: COVID-19 Impact And Recovery
ERP Software Global Market Report 2021: COVID-19 Impact And Recovery
Call us now for personal assistance with your purchase:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293