According to the Regional Research Reports, the Global CPQ Software Market size was valued at USD 447 million in 2021 and is estimated to grow to reach over USD 904 million by 2030 at a CAGR of 9.12% over the forecast period (2022-2030).
Market Definition
Configure, price, quote (CPQ) software allows businesses to automate the entire quoting and proposal process, from the moment a customer specifies their requirements in a company's offering to sending the customer or prospect a detailed quote. In sales departments, CPQ software is used to speed up the sales process while also improving quote accuracy and customer relations. Companies can use this software to determine a customer's needs and provide them with custom quotes that best meet those needs. Typically, products are built on top of existing CRM software or are designed to work with one (or more) CRM tools.
CPQ Software Market Pricing
The CPQ Software pricing ranges start from USD 15 and goes up to USD 150. The pricing depends on the features and specifications integrated into the software. Some common features of the CPQ software are CRM compatibility, commercial rules, configuration ease of admin, customization, e-commerce, grouping, document admin, pricing administration, terms and conditions, version control, internationalization, offline support, and visual configuration.
Market Scope
The research report on the CPQ Software market provides a detailed analysis of the current market trends and future estimations to elucidate the imminent investment pockets. Information about key drivers, restraints, and opportunities and their impact analysis on the market size is provided. Porter's five forces analysis illuminates the potency of suppliers and buyers operating in the market. The quantitative analysis of the CPQ Software market from 2022 to 2030 determines the market potential.
This report also contains the market size, untapped opportunity index, and forecasts of CPQ Software in the global market, including the following market information:
- Global CPQ Software Market Revenue, 2018-2021, 2022-2030, (USD Millions)
- Global CPQ Software Market Sales, 2018-2021, 2022-2030, (Units)
- Global top five CPQ Software companies in 2021 (%)
Regional Research Reports has surveyed the CPQ Software manufacturers, suppliers, distributors, and industry experts in this end-use Industry, involving the consumption, production, revenue generators, demand-side, supply-side, price change, product type analysis, recent development and strategies, industry trends, drivers, challenges, obstacles, and potential risks.
CPQ Software Market Segmentation
Global CPQ Software Market, By Deployment Model, 2022-2030
- On-Premise
- Cloud
- Hybrid
Global CPQ Software Market, By Component, 2022-2030
- Solution
- Services
Global CPQ Software Market, By End User, 2022-2030
- Small Business
- Mid Market
- Enterprise
Global CPQ Software Market, By Industry, 2022-2030
- BFSI
- Healthcare
- Energy & Utility
- IT & Telecommunication
- Retail & E-commerce
- Manufacturing
- Government & Defense
- Media & Entertainment
- Others
Global CPQ Software Market, By Region and Country, 2022-2030
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- The U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of the Middle East & Africa
Competitive Landscape
Analysis of leading market companies and participants, including:
- Key companies CPQ Software revenues in the global market, 2018-2021 (Estimated), (USD Millions)
- Key companies CPQ Software revenues share in global market, 2021 (%)
- Key companies CPQ Software sales in the global market, 2018-2021 (Estimated), (MT)
- Key companies CPQ Software sales share in global market, 2021 (%)
Further, the report detailed out about the leading competitors in the CPQ software market, namely:
- Accenture Plc
- Aspire Technologies
- ConnectWise LLC
- Experlogix LLC
- Hansen Technologies Ltd.
- Cincom Systems Inc.
- CloudSense Ltd.
- Conga
- Oracle Corp.
- Pros Inc.
- International Business Machines Corp.
- Koch Industries Inc.
- Model N Inc.
Effective parameters to invest in the market research reports?
- Get a clear understanding of the market's current and future in both established and emerging markets.
- Complete information on the entry-level research study consists of considerable information focusing on market size estimations, key players, development, and market trends.
- The report showcases a deep-dive segmental market analysis of all key geography and countries around the globe.
- The most recent developments and news within the market and statistics on the market leaders and their market share and techniques.
- Current, Historical, and forecasted market size from both value (USD million) and volume (units).
- 3-months of analyst support to understand the market objective, along with the market estimate sheet (in excel)
Key Insights for the Stakeholders in this market:
- What will the market forecast and the growth rate from 2022 to 2030?
- What are the key dynamics and trends of the market?
- What are the primary driving elements for market growth?
- What are the challenges and restraints developed for the market?
- Who are the leading companies with their market positioning share?
- How much can incremental dollar investment opportunities be witnessed in the market during the forecast period?
- Analysis of the market players and the market analysis through SWOT, PORTER's, and PESTEL study.
- Information on the key suppliers with the detailed analysis of their operations.
- Who are the leading raw material suppliers and buyers in the market?
