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2025-2034 Mobile CRM Software Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Mobile CRM Software Industry Market Size Be by 2025?
The market size for mobile CRM (Customer Relationship Management) software has seen substantial growth recently. Projections show it expanding from $28.43 billion in 2024 to $31.36 billion in 2025, boasting a compound annual growth rate (CAGR) of 10.3%. The historical growth surge can be traced back to a multitude of factors, including an expanding mobile workforce, the implementation of customer-focused business approaches, the quest for improved productivity, the necessity for instantaneous data insights, and a rising trend towards the use of personal devices in a professional setting, commonly known as Bring Your Own Device (BYOD).
What's the Long-Term Growth Forecast for the Mobile CRM Software Market Size Through 2029?
In the coming years, the market size of mobile CRM software is predicted to experience substantial growth, reaching $55.94 billion by 2029 with a compound annual growth rate (CAGR) of 15.6%. This anticipated growth within the prediction period can be credited to the emphasis on customer interaction, the focus on data protection and confidentiality, and an improved design for user experience. Upcoming trends for the forecast period encompass the development of voice-activated features, improved customer interaction through mobile platforms, geo-fencing and geo-location capabilities, social integration and cooperation, as well as customization and scalability across different platforms.
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What Are the Key Growth Drivers Fueling the Mobile CRM Software Market Expansion?
The global mobile CRM software market's expansion is believed to be driven by the increased use of mobile CRM in sectors like retail, banking, and finance. Mobile CRM allows banks to keep track of customer data throughout different departments, including in-service and loan origination. It also enables them to offer a digital banking experience to their clients. For example, ThriveMyWay, a blogging firm from Bulgaria reported in October 2022 that 92% of organizations affirmed that CRM was pivotal in accomplishing their revenue goals. Moreover, as per cloud-based CRM platform SuperOffice, mobile CRM is now a popular strategy for accessing a company's customer base, with 61% of organizations concurring, and it allowed 65% of salespeople who utilized it to achieve their goals. Therefore, the rising use of mobile CRM in retail, banking, and finance industry contributes to the progress of the mobile CRM software market.
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What Are the Key Trends Driving Mobile CRM Software Market Growth?
The trend of combining artificial intelligence with CRM software is becoming increasingly prominent in the mobile CRM software market. This fusion of AI and mobile CRM offers performance comparisons for specified time periods, looking at aspects such as productivity, speed, victory rate, and efficiency, in addition to offering finalized leads, opportunities, accounts and contacts. For example, in April 2022, Salesforce, Inc, a US-based company specializing in cloud-based software, added artificial intelligence capabilities to their CRM analytics. This upgrade is designed to offer more personalized experiences for clients, aiding sales professionals, service leaders, and employees in numerous industries including finance, manufacturing, consumer goods, and communications.
How Is the Mobile CRM Software Market Segmented?
The mobile crm softwaremarket covered in this report is segmented -
1) By Type: Cloud Based, On-Premise
2) By Enterprise: Small Enterprise, Medium Enterprise, Large Enterprise
3) By Vertical: BFSI, Telecom, Healthcare, Retail, Automotive, Other Verticals
Subsegments:
1) By Cloud-Based: Software as a Service (SaaS) CRM, Multi-Tenant Cloud CRM, Single-Tenant Cloud CRM
2) By On-Premise: License-Based CRM Solutions, Customized On-Premise CRM
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Which Companies Are Leading the Charge in Mobile CRM Software Market Innovation?
Major companies operating in the mobile CRM software market include Microsoft Corporation, Oracle Corporation, SAP SE, Salesforce.com Inc., AMDOCS Holdings Inc., HubSpot Inc., Pegasystems Inc., Thryv Holdings Inc., Sybase Inc., Software AG, Zoho Corporation, Freshsales Inc., Zendesk Inc., Base CRM, Pipedrive AS, Creatio Inc., SugarCRM Inc., Nimble Inc., Insightly Corporation, Agile CRM, Pipeliner CRM, Bitrix24 Inc., HarmonyPSA Inc., Infor CloudSuite CRM, Less Annoying CRM Inc., Repsly Inc., Spiro Software, Streak Inc.
Which Regions Are Leading the Global Mobile CRM Software Market in Revenue?
North America was the largest region in the mobile CRM software market in 2024. The regions covered in the mobile CRM software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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