Global CRM Analytics Market

CRM Analytics Market Size, Share, Growth Analysis, By Type(Sales Analytics, Customer Analytics, Contact Center Analytics, Marketing Analytics), By End-User(BFSI, Health Care, Retail, Telecom and IT), By Deployment(On-premises, Cloud), By Solution(Customer Service, CRM Analytics), By Region - Industry Forecast 2025-2032


Report ID: SQMIG45A2274 | Region: Global | Published Date: April, 2024
Pages: 197 | Tables: 120 | Figures: 72

CRM Analytics Market Insights

CRM Analytics Market size was valued at USD 12.93 Billion in 2023 and is poised to grow from USD 14.6 Billion in 2024 to USD 38.52 Billion by 2032, growing at a CAGR of 12.9% during the forecast period (2025-2032).

CRM analytics refers to the process of identifying valuable insights about customers that businesses can act on from the data in the CRM database. Using analytics and analytics gives CRM systems greater intelligence in understanding customers and enables customers to make data-driven decisions. The company’s sales team has traditionally managed lead management through customer relationship management (CRM) and data from all human interactions (calls, direct mail, other marketing tools).

Several developments have been announced in the global CRM analytics market, such as the use of speech analytics tools to analyze the massive amounts of unstructured data flowing into the network, with the ability to measure everything from call compliance to sentiment by analyzing in real time. In July last year, Oracle Corporation announced the next generation of Oracle Fusion Middleware. This sales automation application identifies high-quality sales opportunities and guides salespeople to close deals faster. Part of Oracle Fusion Cloud Customer Experience (CX) and powered by artificial intelligence (AI), Fusion Sales automatically provides quotes, offers and product recommendations to salespeople to help increase productivity, close more deals, and build trust with customers.

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CRM Analytics Market size was valued at USD 12.93 Billion in 2023 and is poised to grow from USD 14.6 Billion in 2024 to USD 38.52 Billion by 2032, growing at a CAGR of 12.9% during the forecast period (2025-2032).

The global CRM analytics market is experiencing steady growth driven by the increasing adoption of data-driven decision-making techniques across industries. Key players focus on delivering analytics tools and solutions to extract actionable insights from customer data, improve customer relationships, and optimize business strategies. Key drivers include demand for personalized customer experiences, growing consumer expectations, and the need for businesses to gain competitive advantage through data analytics. 'Adobe', 'ClickUp', 'Copper CRM, Inc.', 'Creatio', 'Freshworks Inc.', 'Insightly Inc.', 'Microsoft Corporation', 'monday.com', 'Nimble', 'Oracle Corporation', 'Salesforce.com, Inc.', 'SAP SE', 'SugarCRM Inc.', 'Zendesk', 'Zoho Corporation Pvt. Ltd.'

The increasing use of mobile devices and smartphones has increased the demand for mobile-friendly customer relationship management modules. Customers demand solutions that are accessible and usable on mobile devices, including smartphones and tablets. This is important for businesses that rely on their sales department to be mobile, as customer information and sales tools must be accessed remotely or on the go. Combining multichannel capabilities improves marketing campaigns. By integrating mobile and social media channels, CRM solutions enable businesses to reach customers where they spend their time. This makes campaigns more effective and increases conversion rates. Additionally, the ability to track customer interactions across channels can provide businesses with valuable insights into consumer behavior and preferences, enabling them to create more targeted and effective marketing campaigns.

Integrating Artificial Intelligence to Promote Market Possibilities: The use of artificial intelligence (AI) is growing rapidly around the world. Similarly, it is important to integrate AI into customer relationship management to improve the customer experience. According to IDC research, Salesforce, Inc.’s AI-powered CRM system is used to give users a competitive advantage. Software based on AI technologies including deep learning, machine learning, and natural language processing help organizations understand the consumer’s psychological state. Using this data, the software executes and delivers solutions for customers, and helps build stronger relationships with end users. For example, Zoho CRM’s Zia and Salesforce’s Einstein offer AI-powered CRM that uses voice technology to collect customer data. Moreover, bots and virtual assistants use this technology to eliminate human errors and provide automatic responses to customer reports, data collection, emails, and other tasks as a result, AI technology the addition of which is likely to boost the growth of customer relationship management (CRM) market in future.

North America is a major contributor to the global CRM analytics market. It is largely due to the growth of data and increased awareness of valuable customer retention. Growing industries such as BFSI, telecommunications and IT, health and life sciences, transportation and logistics are driving the growth of the global CRM analytics market.

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Global CRM Analytics Market

Report ID: SQMIG45A2274

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