CRM Analytics Market Impact of COVID-19, By Components, Companies, Global Forecast by 2027 - MRFR Report

 

Global CRM Analytics Market - Overview

Customer relationship management (CRM) analytics are used in identifying the right metrics for customer satisfaction. It is also known as customer analytics. The need for maintaining successful relationships with customers and the access to social media channels by instant branding of products are factors beckoning its integration into business processes by enterprises and large companies. The global CRM Analytics Market report by Market Research Future (MRFR) considers the various drivers and challenges for the period of 2017 to 2023 (forecast period) while considering the outbreak of the COVID-19 virus.

The global CRM analytics market is expected to grow at a CAGR of approximately 13% during the forecast period. It can balloon to a market size of USD 9 billion by 2023.

Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/5208

Market Scope

The major factors driving the global CRM analytics market growth is the rising awareness among enterprises in retaining valuable customers and increased competition among large businesses. Furthermore, increase in data and development of programs and applications for providing insights into sales are expected to boost the global CRM analytics market growth. CRM analytics offers fact-based information on overall product demand, sales process, pricing effectiveness, and customer price sensitivity.

Other factors such as the huge need for CRM analytics annually due to the generation of large amounts of data and segmentation of customer demographics for easy marketing and targeting can bode well for the market. Development of predictive models which rely on various metrics and reduce risk can be attractive to business owners of various sizes. Furthermore, CRM analytics solution providers are proving services through browser extensions and mobile applications and being flexible to client requirements. The design of websites which can accumulate data due to customer behavior on home pages, social media channels, and official sites can lead to actionable insights.

Segmentation

The global CRM analytics market is segmented by type, deployment, organization size, and end-users. By type segment, the market consists of marketing analytics web, sales analytics, contact center analytics, customer analytics, and social media analytics. By deployment, the market is segmented into cloud and on-premise. By the organization size, the market is segmented into small, medium, and large enterprises. On the basis of end-user segment, the market is segmented into hospitality, transportation and logistics, BFSI, telecommunications and IT, energy and utilities, retail wholesales, manufacturing, healthcare and life science, media and entertainment, and others.

Regional Analysis

The global CRM analytics market is studied for four major regions: Asia Pacific (APAC), North America, Europe, and Rest-of-the-World (RoW). It has been observed that North America region accounts for the largest share in the global CRM analytics market. This is attributed to the generation of large volumes of pertinent data and increased awareness to retain valuable customers. Recently, Microsoft Corporation launched Microsoft Dynamics 365 which provides various applications for tracking, analysis, and management of customer information.

Get Complete Report Details at: https://www.marketresearchfuture.com/reports/crm-analytics-market-5208

APAC is expected to be the fastest growing in the CRM analytics market owing to the emergence of small medium enterprises and competition among enterprises to retain the valuable customers. Other factors such as growing sectors of BFSI, transportation and logistics, telecommunications and IT, healthcare and life science, and others are fuelling the global CRM analytics market growth. Retention of customers during the COVID-19 pandemic as well as use of new solutions for attracting new clients can drive the market demand in the region.

Competitive Outlook

SAP AG, SAS Institute Inc., Accenture PLC, Salesforce Inc., Angoss Software Corporation, Microsoft Corporation, Infosys Ltd, Oracle Corporation, IBM, Infor, and Teradata Corporation are key players of the global CRM analytics market.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services.

Contact:

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

Categories
Read More
Scholaron
If you are looking for <a href=" https://scholaron.com/subjects/literature...
By KimAndrews KimAndrews 2022-04-20 07:03:01 0 18
Dental Micromotors Market Research Report | Forecast Until 2024
Dental Micromotors Market: Introduction Dental micromotors are tools used to solve of variety of...
By Pavan Ishi 2022-03-09 10:39:25 0 26
You can have fun with the young call girls from Panjim
You can have fun with the young call girls from Panjim In the city, many stunning teenage girls...
By Sayan Agrawal 2022-07-09 20:57:45 0 6
Bioactive Peptides Market Scope, SWOT Analysis, Trends, Revenue & Industry Insights by 2028 | Seagarden AS, Arlak Biotech Pvt. Ltd., Phermpep Co. Ltd
The Bioactive Peptides Market is estimated to grow at a compound annual growth rate of 9.90% for...
By Nutan Patel 2022-04-15 13:10:34 0 15
Global Cell Signalling Market Size, Trends, Overview and Forecast 2027
Global Cell Signalling market is expected to reach a value over USD 4.1 billion by 2027 end and...
By Varun Metha 2022-05-09 09:43:04 0 6
Clicky