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CRM Software Market

The global CRM software market is expected to grow at a CAGR of approximately 6% during the forecast period 2017-2023.<br><br>

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CRM Software Market

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  1. CRM Software Market

  2. CRM Software Market Overview • The CRM or customer relationship management software refers to the technologies that a company can use to maintain business relationships by analyzing the customer interactions throughout the consumer lifecycle and compiling the information of customers across different channels. In a way, CRM software helps the companies to stay connected with their customers and thereby improve profitability, streamlining the work processes. • The proliferation of Cloud deployment along with the increasing deployment of cloud-based CRM modules exponentially fosters the market growth. Growing number of business and advantages that CRM software provides are some of the key factors propelling the market growth. Besides, increasing use of web-based interfaces and social computing are escalating the market growth to ascending levels, driving the growth of the global CRM software market. • Acknowledging the exponential accruals the market witnesses currently, Market Research Future (MRFR) has recently published a study report giving out the complete Market prognosis up till 2023. In its analysis, MRFR asserts that the global CRM Software market is expected to grow up to 35 Bn. by 2023 registering a CAGR of 6% during 2017-2023.

  3. Increasing deployments of CRM software in some of the burgeoning sectors such as banking and financial services are boosting the market growth. Simultaneously, the growing demand for hosted services from small and medium business units is expected to contribute to the market growth. Increasing popularity of social CRM and mobile CRM is another factor predominantly driving the growth of the CRM software market. • Additional factors contributing to the market growth include the increase in automation of various processes used across the industry verticals, its increasing popularity and consumer awareness about the benefits of CRM software Read More at: https://www.marketresearchfuture.com/reports/crm-software-market-4943

  4. Market Segmentation The global CRM software market is segmented by organization size, deployment, application and vertical. Based on the organization size, the market is segmented into SMEs and large enterprises. Based on the organization size, the market is segmented into cloud and on premise. Based on the application, the market is segmented into sales, marketing, manufacturing, customer service, social networking, supply chain, distribution and others. Whereas, based on the vertical, the market is segmented into BFSI, healthcare, manufacturing, IT & telecommunication, media & entertainment, energy & utilities and others. Get the sample copy @ https://www.marketresearchfuture.com/sample_request/4943

  5. Industry News • July 16, 2018 - CDK Global, Inc. (US), a leading global vendor of digital marketing solutions and integrated information technology to the automotive retail and adjacent industries, announced the acquisition of ELEAD1ONE (US), the leading provider of fully integrated CRM software solutions to automotive dealers in North America.   The acquisition is going to help CDK to rapidly address the needs of dealers in today’s evolving marketplace, with ELEAD1ONE’s CRM offering and a fully integrated suite of layered applications. • July 12, 2018 - LF Logistics (US), a global logistics and transportation company announced its collaboration with Lanetix (US), a leading provider of CRM software to empower its global business development teams with advanced opportunity management, and customer on boarding platform.

  6. Key Market Players

  7. Intended Audience

  8. Detailed Regional Analysis • North America is the largest CRM software market, globally. The region is expected to retain its hegemony throughout the forecast period, marking the largest chunk of the market share. The substantial amount of technological advancements and increased adoption of cloud-based technologies across various industry verticals is the predominant factor accounting for the market growth. • The U.S. and Canada are the dominating markets for CRM in the region owing to the proliferation of smart and connected devices. Moreover, the presence of a well-established infrastructure contributes hugely to the market growth, allowing faster implementation of advanced technologies.

  9. Thank You! For More Details Visit us at https://www.marketresearchfuture.com Follow Us On

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