Blog > Mobile CRM Market: Regional Revenue, Trends, Opportunities and Future Prospects – 2029

Umesh Babar
Comment (1)
Jul 17, 2019 05:49 PM

 

According to a new research study by Future Market Insights (FMI), the global mobile CRM market is estimated to value over US$ 15 Bn in 2019, up from US$ 13.5 Bn in 2018. Growth of mobile CRM market is underpinned by a slew of factors, spanning from evolving gears of technology to ubiquitous use of smartphones. Businesses, in order to adopt agility and dexterity as two of their core values, are counting on platforms that mobilize management of customer relationships. This, in turn, is likely to work in favor of mobile CRM market through 2029 and create new opportunities for the vendors to expand their offerings and reap profits.

As per the report, with the growth of digitized workforces, real-time access to critical information is no longer a "nice to have" aspect, rather it is a necessity to foster streamlined operations. Modern businesses are placing customer satisfaction at the top of their priority list and are actively seeking fine-grained insights for their sales realms to access on the go. This, in turn, is preparing the grounds for high scale adoption of mobile CRM platforms across the globe through 2029. According to the report, ‘CRM on demand’ is one of the overarching trends introducing major reforms in the mobile CRM market, as enterprises are increasingly turning to cloud-based suites that promise immense flexibility and scalability.

Download Sample Copy@ https://www.futuremarketinsights.com/reports/sample/rep-gb-9896 

“Trends in the mobile CRM market space point to an ever-increasing end user preference for efficiency and reliability. Considering this, key vendors in the mobile CRM market space are pushing their limits and bringing out new innovations for weaving successful end user experiences”.

According to the research study, BFSI ranks among some of the early adopters of mobile CRM till 2018 and beyond, with revenues estimated to surpass US$ 3 Bn in 2019. However, retail units are likely to overtake BSFI as one of the significant spenders on mobile CRM solutions in the latter half of the assessment period, as the retailers are rapidly turning to mobile CRM platforms for streamlining the aspects of their sales funnels. Adoption of mobile CRM in healthcare is also estimated to pick pace through 2028, given that healthcare services worldwide are shifting their focus toward ‘value-based care’ models.

Large enterprises are likely to lead the race of mobile CRM adoption, followed by medium enterprises, unveils the research study. As large and medium enterprises are pulling their socks up to positively engage customers and stay highly competitive, adoption of mobile CRM across these enterprises will most assuredly gain new heights. Revenue opportunities for vendors of mobile CRM market remain imminent, as sales personnel across organizations, regardless of their size, are vying to make informed decisions that are ‘data-driven’.

‘Pay-Per-Use’ Pricing Model: A Strategy Winning Over End Users

Considering the dynamicity of end user preferences, key vendors in the mobile CRM market are largely focused on R&D investments for unceasing developments. As price follows efficiency as the second-most important factor dictating purchase decisions, vendors are offering flexible ‘pay per use’ pricing models, as end-use preference for flexible pricing is causing a distant move away from subscription models.

Download Table of Contents@ https://www.futuremarketinsights.com/reports/mobile-crm-market#report-toc

Acquisitions and partnerships will continue being a vital part of the growth strategies of market players. For instance, in February 2018, AMDOCS announced its acquisition of Vubiquity, a leading firm offering premium digital content services and technology solutions. This acquisition was aimed at adding premium content capabilities, which include licensing, processing, and delivery, and positioning AMDOCS at the center of increased convergence across content community and video distributors.

Post Your Comment

Oct 15, 2019 04:17 PM
Thanks for sharing your knowledgeable thoughts with us. It may be helpful.

Featured Businesses

Featured businesses list is created by admin on as per the request of business owners when adding their business and must add all information like logo, social link and description

Best Business Directory

Gadgetslooto

Gadgetslooto is the most trusted Indian online shop for an executive range of electronic gadgets.

Best Business Directory

All About Pregnancy Care

Week By Week Pregnancy Guide, Exercise For Pregnant Women, Tips For Pregnancy In Pune I Want To Know About Pregnancy, Pregnancy Questions And...

Best Business Directory

Modus Robotics

Modus Robotics is an industrial vertical structure inspection company dedicated to safe and cost efficient collecting, processing, analyzing and...

Best Business Directory

Rameshwaram Arts & Crafts

We are supplier of silver, gold furniture, marble inlay, furniture, mother pearl, carving furniture, homedecor, designer, semisilver decor.

Best Business Directory

MsgClub - Complete Bulk ...

MsgClub.net, located in Heart of India, Indore (M.P.), MsgClub.net is a pioneer in providing bulk SMS, voice SMS, International SMS, SMS marketing...

Best Business Directory

Rapid Tool Australia

Rapid Tool Australia is one of the leading concreting tool and equipment dealers in Australia. They provide concreting tools of their owned brands...

Best Business Directory

Alliance International

Alliance International is one of the leading manpower recruitment agencies in India, very well known for developing excellent and custom...

Best Business Directory

MJ TruckNation

MJ TruckNation is a full-service dealership for Isuzu, Hino, and Fuso Trucks. We have a diverse selection of new and used trucks. Visiting our...

© 2020 OneFDH. All Rights Reserved.
Follow us on