The global customer relationship management (CRM) software market is forecast to grow to 57 billion U.S. dollars in size in 2025. This is a projected increase of almost four billion U.S. dollars from 2021, at a compound annual growth rate (CAGR) of 2.1 percent.

Customer relationship management

Customer relationship management, or CRM, is the technology used to analyze and manage a company’s interaction with customers or potential customers. The goal of CRM is to improve companies’ relationships with customers, therefore increasing customer retention rates and ultimately driving sales growth. According to a 2018 survey, only 16 percent of U.S. organizations considered their company’s delivery of real-time customer interactions across touch points and devices as effective, showing that it is important for organizations to make use of the CRM technology. Scaling customer-centered decisions and actions across function in the business is the main driver behind organizations’ increased investment in real-time customer analytics in the United States.

CRM vendors

Salesforce is the leader in the CRM applications market, with a share of 16.8 percent in 2018. Other contenders in the market include Oracle and SAP, with 5.7 and 5.6 percent market shares respectively in 2018.

The global customer relationship management (CRM) market size reached USD 70.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 158.6 Billion by 2033, exhibiting a growth rate (CAGR) of 9.38% during 2025-2033. The growing demand for enhanced user experience, a shift towards cloud-based solutions, and the integration of advanced technologies, like artificial intelligence (AI), machine learning (ML), and big data analytics, to provide personalized, efficient, and scalable customer interactions are impelling the market growth.

Salesforce is the leading vendor in the customer relationship management (CRM) applications market worldwide, with a market share of 22 percent in 2023. The company leads the market with a big margin: next in line to Salesforce are Microsoft, SAP, and Oracle with around five to three percent shares of the market. CRM global revenues on the rise Worldwide revenues from the customer relationship management (CRM) software market is expected to grow consistently over the following years and reach over 40 billion U.S. dollars by 2023. CRM is the technology used to manage a company’s interaction with current and potential customers. Companies use CRM to strengthen their relationships with customers, to increase their customer retention rates and ultimately drive sales growth. Ensuring good customer experience is essential to companies, now more than ever, as it is cited by most global organizations as the key driver behind their adoption of digital transformation technologies such as CRM. Enterprise software Enterprise software refers to the software primarily used to satisfy various business needs. It helps companies meet their goals by, for example, helping them to track and improve supply chains, interact with customers, or manage resources. A wide range of applications exist under the term “enterprise software” with office suites, customer relationship management (CRM) and business intelligence (BI) being a few of them.

The Report Covers Global Customer Relationship Management Market Analysis and is Segmented by Deployment Mode (Cloud-Based, On-Premise), Size of Organization (Small and Medium Enterprise, Large Enterprise), End-User Vertical (Healthcare, Retail, BFSI, IT & Telecom, Manufacturing, Media & Entertainment), Application (Sales, Marketing, Customer Service, Digital Commerce) and Geography. The Market Size and Forecasts are Provided in Terms of Value (USD Billion) for all the Above Segments.

Customer Relationship Management Services Market size is set to expand $64.86 Billion in 2023 to $122.8 Billion by 2032, a CAGR of 7.35% from 2024 to 2032.

The global healthcare CRM market size was valued at USD 17.5 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 48.5 Billion by 2033, exhibiting a CAGR of 10.7% during 2025-2033. North America currently dominates the market, holding a significant market share of over 57% in 2024. The market is experiencing steady growth driven by the rising prevalence of chronic diseases, such as diabetes, cardiovascular disorders, arthritis, and respiratory issues, increasing focus on improving patient care, and the integration of various advanced technologies.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 17.5 Billion
Market Forecast in 2033	USD 48.5 Billion
Market Growth Rate (2025-2033)	10.7%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on product, application, technology, and end use.

Explore the CRM Software Market trends! Covers key players, growth rate 17.1% CAGR, market size $561.17 Billion, and forecasts to 2034. Get insights now!

The revenue in the 'Customer Relationship Management Software' segment of the software market in the United States was forecast to continuously increase between 2024 and 2029 by in total 25.2 billion U.S. dollars (+55.86 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 70.28 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Customer Relationship Management Software' segment of the software market was continuously increasing over the past years.Find more information concerning Denmark and Czechia. The Statista Market Insights cover a broad range of additional markets.

The Thailand CRM Market Report is Segmented by Organization Size (Small and Medium​, Large Scale), Deployment Mode (Cloud, On-Premise, Hybrid), and End-User Vertical (Services​, Manufacturing​, BFSI​, Retail and Logistics​, Government​, and Other End-User Verticals). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

The statistic shows the worldwide Customer-Relationship-Management (CRM) software revenue from 2010 to 2020. In 2020, revenue from the customer relationship management (CRM) market amounted to 69 billion U.S. dollars. The market was driven by strong software as a service (SaaS) growth.

The open source CRM software market size was over USD 2.63 billion in 2024 and is likely to cross USD 11.61 billion by the end of 2037, witnessing more than 12.1% CAGR during the forecast period i.e., between 2025-2037. North America industry is estimated to dominate majority revenue share of 39% by 2037, driven by rising advancement of the technologies in this region.

Snapshot img

CRM Market Size 2024-2028

The CRM market size is forecast to increase by USD 60 billion at a CAGR of 10.23% between 2023 and 2028.

The market is witnessing significant growth due to the increasing adoption of CRM solutions by Small and Medium-sized Enterprises (SMEs) to manage customer interactions more efficiently. Another trend driving the market is the integration of Artificial Intelligence (AI) into CRM systems, enabling businesses to gain valuable insights from customer data and improve customer engagement.
However, data security concerns remain a challenge for CRM companies, as businesses prioritize safeguarding their customer information. These factors, among others, are shaping the growth trajectory of the market.

What will be the Size of the CRM Market During the Forecast Period?

Request Free Sample

The market is experiencing significant growth as businesses prioritize digital technology to enhance customer satisfaction and streamline sales and customer service processes. CRM platforms are increasingly integrating artificial intelligence (AI) and automation to provide hyper-personalized experiences for customers across digital channels. Cloud technology enables easy access to CRM tools from anywhere, making them essential for e-commerce sales and omnichannel marketing strategies. The market is segmented into sales, customer service, and business intelligence, with the analytics segment experiencing notable growth due to the increasing importance of big data analytics in driving business decisions. AI integration and embedded analytics are key trends, enabling real-time insights and predictions to optimize CRM strategies.
IT infrastructure investments in CRM tools support digital transformation, with an emphasis on improving customer experiences and driving revenue growth.
The CRM market is rapidly evolving with the rise of AI-powered CRM and cloud-based CRM solutions, enabling businesses to leverage CRM automation tools for streamlined operations. Customer data analytics plays a crucial role in providing personalized customer engagement, while omnichannel CRM and mobile CRM apps ensure seamless communication across various platforms. CRM for small businesses is becoming increasingly accessible, offering cost-effective solutions like salesforce automation and self-service CRM platforms. AI chatbots in CRM are enhancing customer interactions, and CRM integration with ERP systems ensures smooth data flow across departments. With the adoption of predictive analytics in CRM and voice-enabled CRM solutions, businesses can improve decision-making, while CRM cybersecurity measures protect sensitive customer information.

How is this CRM Industry segmented and which is the largest segment?

The CRM industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Service and support CRM
  Sales CRM
  Marketing CRM software
  E-Commerce software CRM


Deployment

  SaaS
  On-premise


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK


  APAC

    Japan


  South America



  Middle East and Africa

By Application Insights

The service and support CRM segment is estimated to witness significant growth during the forecast period.

CRM platforms play a pivotal role in enhancing customer satisfaction by facilitating efficient service and support. These systems collect and analyze customer data to address issues effectively and improve overall service standards. Hyper-personalization through AI and automation is a key feature, enabling tailored solutions and quick resolution. Cloud technology and digital channels enable real-time collaboration among organizational departments, resulting in seamless workflows. CRM analytics provide valuable insights into customer behavior and preferences, informing CRM strategies and business intelligence. IT & telecom companies and large corporations have embraced CRM tools to streamline customer service segments, integrating AI-driven customer experiences, bot development, and messaging APIs.

E-commerce sales and omnichannel marketing benefit from these solutions, ensuring consistent brand image and effective follow-up. CRM systems enable call center technology and facilitate big data analytics, driving continuous improvement and growth.

Get a glance at the Crm Industry report of share of various segments Request Free Sample

The Service and support CRM segment was valued at USD 18.30 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 53% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends an

As per the detailed report on the personal CRM market by Future Market Insights, sales of photovoltaic mounting systems in the region were reported at US$ 7.1 billion in 2018. The market witnessed Y-o-Y growth of 10.9% in 2022, with revenue expected to reach US$ 11.6 billion in 2023. During the assessment period (2023 to 2033), the market is projected to expand at a CAGR of 12.5% and reach a market size of US$ 37.9 billion by the end of 2033.

Attributes	Details
Personal CRMs Market Size (2023)	US$ 11.6 billion
Personal CRMs Market Projected Size (2033)	US$ 37.9 billion
Value CAGR (2023 to 2033)	12.5%

Country-Wise Insights

Country	The United States
Market Size (US$ billion) by End of Forecast Period (2033)	US$ 6.1 billion
CAGR % 2023 to End of Forecast (2033)	10.2%

Country	The United Kingdom
Market Size (US$ billion) by End of Forecast Period (2033)	US$ 3.8 billion
CAGR % 2023 to End of Forecast (2033)	12.0%

Country	China
Market Size (US$ billion) by End of Forecast Period (2033)	US$ 3.9 billion
CAGR % 2023 to End of Forecast (2033)	13.6%

Country	Japan
Market Size (US$ billion) by End of Forecast Period (2033)	US$ 2.5 billion
CAGR % 2023 to End of Forecast (2033)	11.4%

Country	India
Market Size (US$ billion) by End of Forecast Period (2033)	US$ 2.1 billion
CAGR % 2023 to End of Forecast (2033)	8.4%

The market size of the Saas Customer Relationship Management Crm Market is categorized based on Application (Retail, BFSI - Banking, financial services, and insurance, Manufacturing, Telecom and IT, Healthcare, Other) and Product (Operational CRM system, Analytical CRM systems, Collaborative CRM systems, Market) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

This report provides insights into the market size and forecasts the value of the market, expressed in USD million, across these defined segments.

The global customer relationship management market was valued at USD 62.37 billion in 2023 and is expected to grow at a CAGR of 14.1% during the forecast period.

Nonprofit CRM Market size was valued at USD 4.25 Billion in 2024 and is projected to reach USD 7.35 Billion by 2031, growing at a CAGR of 7.98% from 2024 to 2031.

Nonprofit organizations need to work with lots of data of various people associated with the organization such as donors, volunteers, and members. To manage the data and to stay updated and keep track of new data, Nonprofit CRMs are used as they are automated and will be less hectic to work with them. The increase in demand for systems that can manage and keep track of a huge amount of data is the major factor driving the growth of the global Nonprofit CRM Market. Along with this, the increased focus on constituent engagement, growth in social media engagement, and increased marketing have boosted the global market growth substantially.

Various tools which provide solutions for specific problems and the demand for effective retention tools such as pledge management, marketing automation, etc. are likely to fuel the market growth. An increase in the adoption of nonprofit CRM software by both large-scale organizations and small-scale organizations will foster market growth substantially on a global level. Nonprofit CRM possesses the ability to have safe fundraising which is anticipated to have a positive impact regarding the growth of the global market by the forecast period.

The statistic shows the market size of Customer Relationship Management (CRM) on the cloud in China from 2014 to 2018, with an estimate for 2019. In 2019, the estimated cloud CRM market size would amount to around 1.85 billion yuan.

According to the Cognitive Market Research Report, the Customer Relationship Management Market size in 2023 was XX Million and is projected to have a compounded annual growth rate of XX% from 2024 to 2031. The rapidly growing popularity of customer relation management and the user-friendly and multi-channel capabilities are driving the market of customer relation management. Furthermore, the CRM market is segmented by component under which the software segment is dominant, the cloud segment is dominant by deployment type and the large enterprises dominate the organization size under the Customer Relation Management Market. Customers can choose from a variety of Customer Relationship Management software and services. CRM software provided the most revenue in 2023. This software streamlines client data management and automates sales and marketing processes. North America led the market in 2023, accounting for XX% of the total. The primary driving factors are the rising use of customer relationship management solutions by various organizations in the area that rely on modern technologies and are projected to dominate the market throughout the forecast period. The customer relationship management market is extremely fragmented since it includes both global firms and small and medium-sized businesses. Companies have made investments to include AI into CRM software. Rapid digitization creates chances for suppliers to develop. Market players are using methods including alliances, innovation, growth, and acquisitions to improve their services and create a lasting competitive edge.

Market Dynamics of Customer Relationship Management

Key Drivers

The rapidly growing popularity of Customer relation management among organizations.

As consumer dynamics change, social CRM is expected to rise to become the market's next most popular feature. Organizations of all sizes must understand consumer behaviour by considering how much time people spend on social networking sites such as Twitter, Facebook, Pinterest, LinkedIn, and Snapchat, among others. Hence, businesses have realized that these sites can be a great way to track how customers' behaviour changes and how they interpret information about goods and services. Businesses may track and analyze their market reputation by using various keywords, such as brand name and company name. Various CRM firms are increasing their global footprint through business strategies and industry trends. Many businesses say that the digital transformation has helped them improve their client experience. To deliver customer-centric services, numerous organizations are installing a CRM system that is integrated throughout the organization. CRM and other integrated technologies contribute to increased customer satisfaction, which is dependent on the fast digital transformation occurring around the world. By offering excellent consumer experiences across all communication touchpoints, customer relationship management software may give a smooth experience. CRM facilitates digitization and is projected to contribute to market growth throughout the forecast period. Moreover, customer relationship management simplifies the process of connecting with customers and offers satisfying services to them. It aids in the organization and tracking of all pertinent information concerning the principles for interacting with clients. For instance, sales managers utilize customer relationship management software to track their team's performance and automate sales tasks. Furthermore, firms pay close attention to their clients. Hence, customer involvement is becoming an increasingly important part of CRM activity. Vendors promote the availability of specialized solutions for social listening, social management, social measuring, and social monitoring, among other things. For instance, Zendesk, announced a collaboration with WhatsApp in November 2020 to allow businesses to communicate with clients in real-time, share information, and respond to messaging-related queries.

Implementing mobile-friendly and multichannel capabilities into CRM solutions to propel the market.

The growing popularity of mobile devices and smartphones has resulted in a spike in demand for mobile-friendly Customer Relationship Management modules. Clients want solutions that can be accessed and utilized on a variety of mobile devices, including smartphones ...

The mobile CRM market is anticipated to reach US$ 18,866.34 million by the end of 2024 and scroll its way to US$ 58,074.91 million, registering a CAGR of 11.90% throughout the forecast period.

Attributes	Key Insights
Mobile CRM Industry Estimated Size in 2024	US$ 18,866.34 million
Projected Industry Value in 2034	US$ 58,074.91 million
Value-based CAGR from 2024 to 2034	11.90%

Growth Scenario of the Mobile CRM Industry from 2019 to 2023 and Road to Progress from 2024 to 2034

Attributes	Details
Historical Value in 2019	US$ 11,469.52 million
Market Value in 2023	US$ 16,860.00 million
Market Estimated Size in 2024	US$ 18,866.34 million
Projected Market Value in 2034	US$ 58,074.91 million

Country-wise Insights

Countries	Forecast CAGRs from 2024 to 2034
China	14.00%
The United States	11.90%
Japan	8.30%
Australia & New Zealand	8.00%
Germany	7.60%

Category-wise Insights

Category	Market Share in 2024
Android based Mobile CRM App	56.80%
Customer Service Managementl	24.90%

Financial technology has made its way into most aspects of the market. Redtail is the CRM software with the highest market share, beating out the others by a wide margin, with a 45 percent share in 2024.