Sep 30, 2020 (Market Insight Reports) -- The report provides a detailed assessment of the 'Europe Cloud CRM Market’. This includes enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmaps, value chains, ecosystem player profiles, and strategies included. The report also presents a SWOT analysis and forecast for Europe Cloud CRM investments from 2020 to 2025
"The Europe Cloud CRM Market is expected to grow at a CAGR of 5.31%during the forecast period."
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Europe Cloud CRM includes Market Analysis Report Top Companies: Zendesk Inc. , Zoho Corporation Pvt. Ltd., Salesforce.com, inc. , Microsoft Corporation , Oracle Corporation, HubSpot Inc., SAP SE, SugarCRM, Inc., Insightly, Inc., Cirrus Shield /zigman2/quotes/207732364/composite MSFT -0.01% have their own company profiles, growth phases, and market development opportunities. This report provides the latest industry details related to industry events, import/export scenarios, and market share.
Europe Cloud CRM Market Split by Product Type and Applications:
This report segments the Europe Cloud CRM Market on the basis of Types are:
On the basis of Application , the Europe Cloud CRM Market is segmented into:
IT & Telecommunication
Energy & Power
Key Market Trends:
The development of SMEs has been a focal point of interest of National Promotional Institutions (NPIs) for earlier years and will continue to be an essential task. Small and medium enterprises drive investment and innovation, create substantial value addition, and provide the majority of job opportunities in European countries, including Germany, France, Spain, and the United Kingdom.
To keep European small businesses viable and competitive, KfW, Bpifrance, BGK, ICO, and the British Business Bank strive to improve access to finance for SMEs. Despite significantly favorable financing conditions and low-interest rates, innovative and young SMEs, in particular, experienced enormous financing difficulties. This evidence suggests that promotional funds can cover a considerable part of the financing gap.
Regional Analysis for Europe Cloud CRM Market:
North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
The United Kingdom is Expected to Hold a Significant Share Throughout the Forecast Period
The major driver for the growth of the United Kingdom country segment is the significant presence of technology providers and the increasing number of SMEs in the business landscape. These players focus on entering into partnerships, merger-acquisitions, and innovative solutions offerings to stay in the regional and globally competitive market landscape.
For instance, in July 2019, Ernst & Young Global LLP, a UK-based advisory organization, acquired C Centric Solutions to broaden its capacity to offer a wide range of CRM services.
In November 2019, Eudonet, a CRM technology provider with a significant presence in the United Kingdom, acquired Dutch firm Stb. The acquisition, the company expects, will allow it to enter the Dutch market by targeting professional associations and other prominent sectors.