Customer Relationship Management (CRM) Software Market

By Solution;

Customer Experience Management, Customer Service, Salesforce Automation, Social Media Monitoring, CRM Analytics, Marketing Automation, and Other Solutions

By Deployment;

Cloud CRM and On-Premise CRM

By Enterprise Size;

Small&Mid sized enterprises and Large enterprises

By Application;

Sales, Marketing , Manufacturing , Customer service , Social networking , Supply chain , Distribution, and Others

By End-use;

Retail, BFSI, Discrete Manufacturing, Healthcare, IT & Telecom, Government & Education, and Other End-Uses

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn104065746 Published Date: August, 2025

Customer Relationship Management (CRM) Software Market Overview

Customer Relationship Management (CRM) Software Market (USD Million)

Customer Relationship Management (CRM) Software Market was valued at USD 88,239.55 million in the year 2024. The size of this market is expected to increase to USD 199,998.83 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.4%.


Customer Relationship Management (CRM) Software Market

*Market size in USD million

CAGR 12.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)12.4 %
Market Size (2024)USD 88,239.55 Million
Market Size (2031)USD 199,998.83 Million
Market ConcentrationLow
Report Pages326
88,239.55
2024
199,998.83
2031

Major Players

  • Salesforce
  • Microsoft
  • Oracle
  • SAP
  • Sugar

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Customer Relationship Management (CRM) Software Market

Fragmented - Highly competitive market without dominant players


The Customer Relationship Management (CRM) Software Market is expanding as companies adopt CRM tools to unify customer data, streamline communication, and improve operational efficiency. Over 68% of businesses now rely on CRM platforms to manage sales pipelines, support interactions, and marketing outreach—all from a centralized dashboard.

Sales-Marketing Synergy Fueling CRM Growth
Modern CRM software bridges the gap between sales and marketing teams, enabling a shared view of the customer lifecycle. More than 64% of businesses have improved lead conversion and campaign targeting through CRM-integrated automation, journey mapping, and performance tracking. This synergy boosts revenue and strengthens engagement.

Cloud CRM Adoption Enabling Scalable Operations
The rise of cloud CRM systems offers enhanced mobility and cost-effectiveness for businesses of all sizes. Around 59% of CRM deployments are hosted in the cloud, supporting real-time collaboration, mobile access, and lower IT overhead. Cloud-based platforms also simplify customization and integrations with external tools.

Customer Service Optimization Through CRM Tools
CRM platforms are becoming central to service delivery and issue resolution, helping brands personalize support and reduce response times. Over 62% of service teams use CRM software to manage tickets, track communication history, and deliver proactive solutions. These features contribute to better customer experiences and higher retention.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Solution
    2. Market Snapshot, By Deployment
    3. Market Snapshot, By Enterprise Size
    4. Market Snapshot, By Application
    5. Market Snapshot, By End-use
    6. Market Snapshot, By Region
  4. Customer Relationship Management (CRM) Software Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Integration with Social Media Platforms
        2. Expansion through global business operations
        3. Shift towards Cloud-based Solutions
      2. Restraints
        1. Organizational resistance to adopting change

        2. Technical challenges in system integration

        3. Important operational cost considerations

      3. Opportunities
        1. Industry-specific Solutions
        2. Artificial Intelligence and Predictive Analytics
        3. Strategic partnerships and business collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Customer Relationship Management (CRM) Software Market, By Solution, 2021- 2031(USD Million)
      1. Customer Experience Management
      2. Customer Service
      3. Salesforce Automation
      4. Social Media Monitoring
      5. CRM Analytics
      6. Marketing Automation
      7. Other Solutions
    2. Customer Relationship Management (CRM) Software Market, By Deployment, 2021- 2031(USD Million)
      1. Cloud CRM
      2. On-Premise CRM
    3. Customer Relationship Management (CRM) Software Market, By Enterprise Size, 2021- 2031(USD Million)
      1. Small and Mid sized enterprises
      2. Large enterprises
    4. Customer Relationship Management (CRM) Software Market, By Application, 2021- 2031(USD Million)
      1. Sales
      2. Marketing
      3. Manufacturing
      4. Customer service
      5. Social networking
      6. Supply chain
      7. Distribution
      8. Others
    5. Customer Relationship Management (CRM) Software Market, By End-use, 2021- 2031(USD Million)
      1. Retail
      2. BFSI
      3. Discrete Manufacturing
      4. Healthcare
      5. IT & Telecom
      6. Government & Education
      7. Other End-Uses
    6. Customer Relationship Management (CRM) Software Market, By Geography, 2021- 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Salesforce
      2. Microsoft
      3. Oracle
      4. SAP
      5. Sugar
  7. Analyst Views
  8. Future Outlook of the Market