Customer Relationship Management Market To Reach $163.16 Billion By 2030

Customer Relationship Management Market Growth & Trends

The global customer relationship management market size is estimated to reach USD 163.16 billion by 2030, registering to grow at a CAGR of 14.6% from 2025 to 2030 according to a new report by Grand View Research, Inc. The continuous demand for innovative solutions to collate critical customer data, analyze customer information, and transform it into a better customer experience strategy are driving factors for customer relationship management (CRM) solutions across all sizes of businesses.

These solutions help organizations in obtaining and manage customer feedback and data through a centralized platform. These insights can further help companies in defining the areas of improvement, transforming challenges into opportunities, generating improved responses, and further enhancing the overall customer experience. Understanding customer behavior is essential for businesses of all sizes.

Given that the general public frequently spends quality time on various social networking platforms, such as Twitter, Facebook, Pinterest, LinkedIn, and Snapchat, among others, organizations have recognized that social networking platforms can provide a great opportunity to gauge changing customer behavior and the way customers interpret information about products or services.

Social customer relationship management (CRM) can particularly assist businesses at this stage in positively engaging customers and increasing brand awareness. Customer engagement is becoming increasingly important to businesses. As a result, customer engagement is increasingly becoming an important component of CRM activities. This would supplement the growth of the customer relationship management market during the forecast period.

The ongoing demand for the optimized implementation of advanced technologies such as predictive and prescriptive analytics to optimize current operational processes is a key driving factor for CRM solution investments and innovation. For instance, in September 2021, Salesforce.com, Inc. announced the collaboration with Slack, a business communication platform, to enable the sales team to collaborate in real-time to close more deals from anywhere. Furthermore, with this integration, marketing teams and agency partners can collaborate in a shared digital workspace.

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Customer Relationship Management Market Report Highlights

• The customer service segment dominated the customer relationship management industry, with a revenue share of over 22.0% in 2024.

• Based on deployment, the market is segmented into on-premise and cloud. The cloud segment dominated the customer relationship management industry, with a revenue share of 58.2% in 2024.

• Based on enterprise size, the market is segmented into large enterprises and small & medium enterprises. The large enterprises accounted for the largest market share of 59.9% in 2024.

• The retail segment dominated the market in 2024. The growing online shopping platforms and mobile applications offer retail companies huge customer data.

Customer Relationship Management Market Segmentation

Grand View Research has segmented the global customer relationship management market based on platform, deployment, enterprise size, end-use, and region:

Customer Relationship Management Solution Outlook (Revenue, USD Billion, 2018 - 2030)

• Customer Service

• Customer Experience Management

• Analytics

• Marketing Automation

• Salesforce Automation

• Social Media Monitoring

• Others

Customer Relationship Management Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

• On Premise

• Cloud

Customer Relationship Management Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

• Large Enterprise

• Small & Medium Enterprises

Customer Relationship Management End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• BFSI

• Retail

• Healthcare

• Telecom & IT

• Discrete Manufacturing

• Government & Education

• Others

Customer Relationship Management Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • South Korea

• Latin America

  • Brazil

• Middle East & Africa

  • UAE

  • Saudi Arabia

  • South Africa

List of Key Players in Customer Relationship Management Market

• 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.