Press release
Configure Price and Quote (CPQ) Software Market Size Opportunities and Challenges for the Future
Configure Price and Quote (CPQ) Software Market
Request a sample copy of this report at: https://www.omrglobal.com/request-sample/configure-price-and-quote-cpq-software-market
Configure Price and Quote (CPQ) Software Market Overview:
The global Configure Price and Quote (CPQ) software market is experiencing significant growth, driven by the increasing need for businesses to streamline their sales processes and improve pricing accuracy. In 2023, the market was valued at approximately USD 2.5 billion and is projected to reach USD 7.3 billion by 2030, reflecting a compound annual growth rate (CAGR) of 14.1% during the forecast period. This growth is attributed to the adoption of CPQ solutions across various industries, including manufacturing, IT, and telecommunications, to enhance sales efficiency and customer experience. Key players in the market include Salesforce, Oracle, SAP, and IBM, among others.
Configure Price and Quote (CPQ) Software Market Growth Factors:
Several factors contribute to the robust growth of the CPQ software market. The increasing complexity of product offerings and pricing structures necessitates the use of CPQ solutions to automate and optimize the quoting process. Additionally, the rise in remote work and the need for digital sales tools have accelerated the adoption of cloud-based CPQ software. The integration of artificial intelligence (AI) and machine learning (ML) technologies into CPQ solutions enhances their capabilities, enabling more accurate pricing and personalized configurations. Furthermore, the demand for improved customer experience and faster quote generation times drives organizations to invest in CPQ software.
◘ The report further explores the key business players along with their in-depth profiling
Salesforce, Oracle, SAP, Apttus, PROS, DealHub, Experlogix, Conga, Infor, and Cincom.
Configure Price and Quote (CPQ) Software Market Segments:
◘ By Type: Pricing engines, Quotation management, CPQ platforms
◘ By Application: Sales, B2B software, SaaS solutions
Configure Price and Quote (CPQ) Software Market Drivers & Trends Analysis:
Key drivers and trends influencing the CPQ software market include the growing emphasis on digital transformation and the need for sales process automation. The shift towards subscription-based and service-oriented business models requires flexible and dynamic pricing strategies, which CPQ solutions facilitate. Moreover, the integration of CPQ software with customer relationship management (CRM) and enterprise resource planning (ERP) systems provides a seamless sales workflow, enhancing overall efficiency. The adoption of mobile and cloud-based CPQ applications enables sales teams to access and configure products on-the-go, catering to the evolving needs of modern businesses. These trends collectively contribute to the expanding adoption of CPQ software across various industries.
If you have any special requirements, Request customization: https://www.omrglobal.com/report-customization/configure-price-and-quote-cpq-software-market
Regional Outlook:
The following section of the report offers valuable insights into different regions and the key players operating within each of them. To assess the growth of a specific region or country, economic, social, environmental, technological, and political factors have been carefully considered. The section also provides readers with revenue and sales data for each region and country, gathered through comprehensive research. This information is intended to assist readers in determining the potential value of an investment in a particular region.
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Key Benefits for Stakeholders:
⏩ The study represents a quantitative analysis of the present Configure Price and Quote (CPQ) Software Market trends, estimations, and dynamics of the market size from 2025 to 2032 to determine the most promising opportunities.
⏩ Porter's five forces study emphasizes the importance of buyers and suppliers in assisting stakeholders to make profitable business decisions and expand their supplier-buyer network.
⏩ In-depth analysis, as well as the market size and segmentation, help you identify current Configure Price and Quote (CPQ) Software Market opportunities.
⏩ The largest countries in each region are mapped according to their revenue contribution to the market.
⏩ The Configure Price and Quote (CPQ) Software Market research report gives a thorough analysis of the current status of the Configure Price and Quote (CPQ) Software Market's major players.
Key questions answered in the report:
➧ What will the market development pace of the Configure Price and Quote (CPQ) Software Market?
➧ What are the key factors driving the Configure Price and Quote (CPQ) Software Market?
➧ Who are the key manufacturers in the market space?
➧ What are the market openings, market hazards,s and market outline of the Configure Price and Quote (CPQ) Software Market?
➧ What are the sales, revenue, and price analysis of the top manufacturers of the Configure Price and Quote (CPQ) Software Market?
➧ Who are the distributors, traders, and dealers of Configure Price and Quote (CPQ) Software Market?
➧ What are the market opportunities and threats faced by the vendors in the Configure Price and Quote (CPQ) Software Market?
➧ What are deals, income, and value examination by types and utilizations of the Configure Price and Quote (CPQ) Software Market?
➧ What are deals, income, and value examination by areas of enterprises in the Configure Price and Quote (CPQ) Software Market?
Purchase Now Up to 25% Discount on This Premium Report: https://www.omrglobal.com/buy-now/configure-price-and-quote-cpq-software-market?license_type=license-single-user
Reasons To Buy The Configure Price and Quote (CPQ) Software Market Report:
➼ In-depth analysis of the market on the global and regional levels.
➼ Major changes in market dynamics and competitive landscape.
➼ Segmentation on the basis of type, application, geography, and others.
➼ Historical and future market research in terms of size, share growth, volume, and sales.
➼ Major changes and assessment in market dynamics and developments.
➼ Emerging key segments and regions
➼ Key business strategies by major market players and their key methods
Contact Us:
Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Website: www.omrglobal.com
Follow Us: LinkedIn | Twitter
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Configure Price and Quote (CPQ) Software Market Size Opportunities and Challenges for the Future here
News-ID: 3970139 • Views: …
More Releases from Orion Market Research
Chartered Air Transportation Market Size Analysis, Competitive Insights, Leading …
The global chartered air transportation market was valued at approximately USD 38.41 billion in 2023 and is projected to reach USD 60.97 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2030.
Chartered Air Transportation Market Overview:
The global chartered air transportation market is experiencing steady growth, driven by increasing demand for flexible and personalized air travel solutions. Factors such as the rise in…
Bluetooth Speaker Market Analysis Current Landscape and Future Outlook
The global Bluetooth speaker market was valued at approximately USD 6.2 billion in 2023 and is projected to reach USD 15.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2032.
Bluetooth Speaker Market Overview:
The global Bluetooth speaker market is witnessing robust growth, driven by the increasing demand for portable and wireless audio solutions. Consumers are increasingly favoring Bluetooth speakers for their convenience, compatibility…
Biostimulants Market Accelerating Growth with Future Market Size Strategies and …
The global biostimulants market was valued at approximately USD 3.5 billion in 2023 and is projected to reach USD 10.25 billion by 2032, growing at a compound annual growth rate (CAGR) of 11.4% from 2023 to 2032.
Biostimulants Market Overview:
The global biostimulants market is experiencing significant growth, driven by the increasing demand for sustainable agricultural practices and the need to enhance crop yield and quality. Biostimulants, which include substances like seaweed…
Audiobook Services Market Size Opportunities and Challenges for the Future
The global audiobook services market was valued at approximately USD 4.8 billion in 2023 and is projected to reach USD 19.4 billion by 2032, growing at a compound annual growth rate (CAGR) of 16.8% from 2024 to 2032.
Audiobook Services Market Overview:
The global audiobook services market is experiencing rapid growth, driven by the increasing popularity of digital media and the convenience of consuming literature through audio. Advancements in smartphone technology…
More Releases for CPQ
Epicor CPQ Software- Ushering a New Era of Manufacturing
The more you say about technological development in the world today, the less you'll be able to successfully explain it. The post-COVID world has become increasingly puzzling too, with the world speeding into a digital transformation age much quicker than what was being forecasted.
One of the biggest takeaways from this digital revolution is how informed customers have become. Whenever they are out to make a purchase, they always seem…
CPQ with Epicor- Taking Technology to a New Dimension
Manufacturers have seen a tough time with the onslaught of a global pandemic. Production has never been a simple job, and managing it with a plethora of other roles and responsibilities shrinks the room for error even more.
Then there’s a different story of manufacturers offering an extensive product range to their customers. Good customer experience calls for allowing them with the authority to make changes to a showcased product,…
Welcoming Truly Revolutionary CPQ with Epicor
Technologies have an interesting way of making their presence felt in their respective domains. For the manufacturing industry, no other technology has made more impact than CPQ. It has completely changed the whole buyer and seller journey and peoples’ perception of it.
With Epicor’s acquisition of KBMax, a leading CPQ software company in its own niche, complex manufacturing is on the cusp of a new dawn. As a formidable ERP…
Highly Trending Report on Quote-to-Cash (Q2C) Software Market by Market Dynamics …
Quote-to-Cash (Q2C) Software is an information technology term for the incorporation and automated management of the end-to-end business. Quote-to-Cash (Q2C) Software is an easy-to-use, next-generation app that is part of the Sales Cloud. Quote-to-Cash (Q2C) Software accomplishes the entire sales process, from quoting to sales orders and revenue management. This kind of software can be provided as a standalone product or as a mix between CPQ software, sales software, and…
Quote-To-Cash Software Market Research Report 2020-2026 | Salesforce CPQ, IBM CP …
The Research Insights has published a new statistical data titled as a global Quote-To-Cash Software market. An analytical study has become an integral part of every business for boosting the performance for achieving the outcomes in the businesses. The comprehensive research on global Quote-To-Cash Software market defines and describes the framework of businesses.
Quote-to-cash (Q2C) software manages the entire sales process, from quoting to sales orders and revenue management. Companies use…
Configure, Price and Quote Application Suites Market 2019 Industry by Top Compan …
Configure, Price and Quote Application Suites Market Report provides useful information of the Configure, Price and Quote Application Suites market along with the price forecast for the forecast period of 2019-2025. The report presents the detailed analysis of the parent market based on elite players, present, past and futuristic data which will serve as a profitable guide for all the Configure, Price and Quote Application Suites market competitors.
GET Flat…
