Global Salesforce AppExchange Tools Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Salesforce AppExchange Tools Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Salesforce AppExchange Tools includes third-party applications and services that run within the Salesforce platform. This means that every app developed for this marketplace is made specifically for Salesforce users. These apps extend the use of Salesforce by providing functionality that the platform does not yet have.

Market Overview:

The latest research study on the global Salesforce AppExchange Tools market finds that the global Salesforce AppExchange Tools market reached a value of USD 28450.73 million in 2022. It’s expected that the market will achieve USD 73469.47 million by 2028, exhibiting a CAGR of 17.13% during the forecast period.

Influence of COVID-19 Outbreak on Salesforce AppExchange Tools Industry Development

More than 6.16 million people have died from COVID-19 since the outbreak began, and the death toll continues to rise. At present, the global economy continues to recover, but due to the disruption of supply chains, the uncertainty of the epidemic has increased, the uncertainty of global economic recovery has increased, and the momentum of recovery has weakened. It's the worst global recession in decades, despite huge efforts by governments to fight it, backed by fiscal and monetary policy. But in the longer term, a severe recession triggered by the pandemic is expected to lead to a prolonged downturn in the economy by reducing investment. The recession could get worse if the COVID-19 outbreak continues, if restrictions on liquidity are extended or reintroduced, or if economic activity is disrupted for a prolonged period. Businesses may struggle to service debt, increased risk aversion could lead to higher borrowing costs, and bankruptcy and defaults could lead to financial crises in many countries.

The new crown pneumonia epidemic is fierce. While it suspends the production and operation of enterprises, it also prompts enterprises to seriously think about strategic transformation to adapt to the post-epidemic environment, and to allow themselves to calmly respond to environmental changes in the future. For ordinary consumers, the biggest impact of the pandemic is being forced to stay at home. Not only can people not go out to shop, play, but also go to work or travel. In this case, online is the best way to run various activities. But for enterprises, during the epidemic, a series of stakeholders such as corporate executives, employees, and consumers are staying at home, and enterprises have to start thinking about how to take measures to maintain the normal operation of the enterprise.

First of all, with the outbreak of the epidemic, the needs and consumption patterns of consumers have undergone major changes. Therefore, the marketing model of enterprises will change. Many companies will consider how to onlineize the products originally sold on physical channels and offline sales channels. Online sales will be the focus of the development of enterprises in all walks of life. Therefore, this has increased various online sales tool needs.

In addition, during the outbreak, intelligent digital marketing tools can help companies to respond better and more quickly. Through big data, artificial intelligence and other technologies, the corresponding digital marketing tools can quickly respond to emergencies through front-end control of delivery, traffic control, intelligent inspection functions, and batch operation functions. These workers can tell which marketing campaigns should stop and which shouldn't, which creatives are faulty and which creatives are not.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

Salesforce is one of the major players operating in the Salesforce AppExchange Tools market, holding a share of 11.44% in 2022.

Salesforce is an Internet company that provides customer relationship management planning and services based on personalized needs, headquartered in San Francisco, California, USA.

At SAP, the company's goal is to help the world run better and improve people's lives. SAP is committed to helping every customer be the best-run business.

Segmentation Overview:

Among different product types, Cloud-Based segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the SMEs segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Salesforce AppExchange Tools market covered in Chapter 3:

Groove
Geopointe 
LeanData
Docusign
SAP
Salesforce
Conga
Cirrus Insight
Dooly
Chargent
ClearSlide
Ebsta
Adobe
ScratchPad
PFL
Skuid

In Chapter 4 and Chapter 14.2, on the basis of types, the Salesforce AppExchange Tools market from 2018 to 2029 is primarily split into:

Cloud-Based
Web-Based

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Salesforce AppExchange Tools market from 2018 to 2029 covers:

Large Enterprises
SMEs

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)