European CRM Application Market Shares, 2022: A Buoyant CRM Market as CX Remains the Top Enterprise Priority
This IDC Market Share analyzes the CRM software market for 2020 to 2022, breaking down the revenue and market shares of leading vendors in sales, marketing, advertising, digital commerce, customer service, and call center applications."Our research shows us that while organizations are feeling the strain of the current economic climate, focusing on customers is a sustainable route to profitable growth. In this light, sustained growth in the European CRM marketplace makes sense as companies continue to invest in customers. However, greater levels of scrutiny on all enterprise spending means there is more pressure than ever on vendors to demonstrate that investing in their solutions is the best route to value generation," said Van Valdez, associate research director, European Customer Experience, IDC.
Please Note: Extended description available upon request.
IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Address Issues of the Fragmented Enterprise Tech Stack
Customer Success Plays a Critical Part in Tech Purchase Decisions
Anchor Generative AI Capabilities to Key Buyer Issues
Market Share
Who Shaped the Year
Salesforce
SAP
Microsoft
Oracle
Adobe
Market Context
Significant Market Developments
Tech Stack Fragmentation Impedes Good Customer Experience
Customer Success and Value Generation Become Essential Considerations
Generative AI will Reshape Customer (and Employee) Experience
Methodology
Market Definition
Advertising Applications
Digital eCommerce
Sales Force Productivity and Management Applications