Contact Center Solutions Featured Article

MarketsandMarkets: Customer Relationship Management (CRM) Market worth $ 24.22 Billion by 2018

June 04, 2013

MarketsandMarkets, a market research and consulting company, has released detailed report on Social Customer Relationship Management (CRM) market. This report is titled “Customer Relationship Management (CRM) & Social CRM Market (2013-2018).”

MarketsandMarkets predicts that the Social CRM Market to grow from $1.91 billion in 2013 to $9.08 billion in 2018. The report states a compound annual growth rate (CAGR) of 36.5 percent from 2013 to 2018.

The report presents how enterprises can use social tools and sites to generate opportunities for themselves and create effective brand presence among its customers.

It also states that traditional CRM solutions with social media can be used to improve the overall customer engagement for enterprises.

The report defines and segments the global CRM Software Market into various sub-segments with in-depth analysis and forecasting of revenues. It segments the CRM and social customer relationship management market by type of deployment models: on-premise, hosted and hybrid. In regard to types of applications, the CRM market can be broken down into several categories like marketing, sales, support and service, collaborations, innovations and customer experience. Regarding types of solutions, the CRM market can be divided into social monitoring, social listening, social mapping, social management, social middleware and social measurement.

The report also can be segmented based on industry verticals. It can be divided into banking, financial service and insurance (BFSI), academia and government, healthcare, consumer goods and retail, telecom and IT, oil and gas and energy, power and utilities.

The enterprise customers can buy this report from MarketsandMarkets’ website and the early buyers will receive 10 percent customization on this report.

The report evaluates the usage percentage of CRM solutions, across all departments such as IT, R&D, marketing, sales, HR, and operations.




Edited by Rich Steeves

Article comments powered by Disqus

Related Contact Center Solutions Articles

FCC Issues Report on April 911 Outage

911 service are one of those things that people expect to be there when they need it. An outage in April of this year knocked out 911 service to 11 million people, and the Federal Communications Commission has released a damning report, according to Threatpost. [ Read More ]
10/23/2014

Ogilvy & Mather Launches Global Center for Data Excellence

Ogilvy & Mather, one of the largest marketing communications companies in the world, has launched a global center for data excellence known as of OgilvyAmp. [ Read More ]
10/23/2014

Putting the 'I' in IVR with Virtual Assistants

There are countless reasons for calling customer service centers. Too often, the result is a virtual interaction that multiplies the negative experience with the brand and gives IVR a bad name. [ Read More ]
10/23/2014

jobs4america Records 16,080 Net New US Contact Center Jobs Created in Q3

jobs4america is a coalition of forward-looking business leaders committed to creating jobs in America. [ Read More ]
10/21/2014
Subscribe here for your FREE Contact
Center Solutions
enewslettter.

Events

Weekly Live Demo
Contact Center Solutions

Register Today!


Weekly Live Demo
CaaS Small Center

Register Today!