Configure Price Quote Software Global Market to Reach $7.3 Billion by 2030: Growing Adoption of Mobility Solutions in Enterprises Promises Growth for CPQ Software Market


Dublin, April 12, 2023 (GLOBE NEWSWIRE) -- The "Configure Price Quote Software: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Configure Price Quote Software estimated at US$2.2 Billion in the year 2022, is projected to reach a revised size of US$7.3 Billion by 2030, growing at a CAGR of 16.4% over the analysis period 2022-2030.

On-Premise, one of the segments analyzed in the report, is projected to record 15.1% CAGR and reach US$3.6 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Cloud segment is readjusted to a revised 17.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $655.5 Million, While China is Forecast to Grow at 20% CAGR

The Configure Price Quote Software market in the U.S. is estimated at US$655.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 20% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.4% and 14.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 15% CAGR.

Select Competitors (Total 151 Featured) -

  • CloudSense Ltd.
  • Configure One, Inc.
  • FPX, LLC
  • Oracle Corporation
  • PandaDoc Inc.
  • PROS Holdings, Inc.
  • Salesforce.com, Inc.
  • SAP SE
  • Tacton Systems AB
  • Vendavo, Inc.
  • Yagna iQ Inc.
  • Zuora Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages435
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$2.2 Billion
Forecasted Market Value (USD) by 2030$7.3 Billion
Compound Annual Growth Rate16.2%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of COVID-19 Pandemic and Looming Global Recession
  • 2020 Marked as a Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Pandemic Impact on Configure Price Quote Software (CPQ) Market
  • COVID-19 Accelerates Demand for Cloud-based Technologies and Offerings
  • Global Cloud Technologies Market Growth Outlook (in %) for Years 2019 through 2025
  • Configure Price Quote Software - Global Key Competitors Percentage Market Share in 2022 (E)
  • An Introduction to Configure Price Quote (CPQ) Software
  • Key Features of CPQ Software
  • Global Market Prospects & Outlook
  • Myriad Benefits of CPQ Software to Boost Market Adoption
  • Recent Market Activity
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • CPQ Plays a Vital Role in Enabling Businesses to Become Resilient and Profitable
  • Select Popular CPQ Software
  • Evolving Use Cases of CPQ to Accelerate Market Adoption
  • Market Benefits from the Rising Adoption of Automation Solutions in Business Operations
  • Need for Enhanced Productivity to Positively Impact the CPQ Market
  • Growing Adoption of Mobility Solutions in Enterprises Promises Growth for CPQ Software Market
  • Global Workforce Population: Percentage Share Breakdown of Employees by Nature of Work for 2009, 2017 & 2024
  • Key Benefits Encouraging Mobility Trend among Enterprises Ranked by Importance Attached by Enterprises
  • Growing Use of Mobile Devices in Businesses Fuels Need for Mobile CPQ Solutions
  • Smart Penetration Worldwide as a % of Total Population: 2016-2021
  • 5G Smartphone Sales in Million Units for 2019 through 2022
  • Manufacturers Look to Leverage CPQ Software Capabilities
  • CPQ Software for Manufacturing Sector Continues to Evolve
  • CPQ Software Emerges as an Important Tool for Addressing Industry 4.0 Challenges
  • Rising Adoption of CPQ Software in B2B eCommerce
  • Global B2B E-Commerce Market Size (in US$ Billion) for the Years 2020, 2022, 2024 and 2026
  • CPQ Trends in Electronics and MRO
  • Medical Device Manufacturing: Potential Benefits & Challenges for CPQ Software
  • CPQ Implementations Promise Better Efficiencies for High-Tech Companies
  • Cloud-based CPQ Software Poised for High Growth
  • Notable Trends in the CPQ Market: A Review
  • CRM-CPQ Integration to Drive Growth for Businesses
  • Common Hurdles Confronting CPQ Software Implementations
  • Reasons for the Failure of CPQ Integrations to Meet Expectations

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/8914l

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Global Market for Configure Price Quote Software

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