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Configure Software with Pricing Global Strategic Analysis Report 2024: Market to Reach $7.3 Billion by 2030 – Increasing Use of Automation Solutions in Business Operations

Posted on by darion

Dublin, May 22, 2024 (GLOBE NEWSWIRE) — The “Configure Pricing Software – Global Business Strategic Report” report has been added to ResearchAndMarkets.com offering.

The global quote-unquote configuration software market will reach $7.3 billion by 2030

The global Configure Price Quote Software market, estimated at $2.5 billion in 2023, is projected to reach an adjusted size of $7.3 billion by 2030, growing at a CAGR of 14.1% during the analysis period 2023-2030.

The global Configuration Quotation (CPQ) software market is poised for significant growth, driven by the myriad benefits of CPQ software that are increasing its adoption in the market. CPQ software offers key features such as automatic pricing, price accuracy, guided sales and configuration capabilities, making it essential for companies seeking to increase productivity and profitability. Recent market activity highlights the growing competitive landscape, with market share percentages of key global competitors estimated through 2023.

On-premise implementation, one of the segments analyzed in the report, is expected to record a 13% CAGR and reach $3.6 billion by the end of the analysis period. The growth in the Cloud Deployment segment is estimated to reach 15.3% CAGR over the next 8 years.

CPQ software plays a key role in enabling businesses to increase resiliency and profitability by streamlining complex sales processes and reducing errors. Popular CPQ software solutions continue to evolve to meet a variety of use cases, accelerating market adoption. The market is benefiting from the growing adoption of automation solutions in business operations as companies seek to improve efficiency and reduce the burden of manual work.

The need for increased productivity is having a positive impact on the CPQ market as companies see the value of CPQ in reducing quote wait times and increasing sales efficiency. Additionally, the growing adoption of mobile solutions in enterprises promises to further expand the CPQ software market by enabling sales teams to access and use CPQ tools anywhere, thereby increasing wider market acceptance and integration with business processes.

The US market is estimated at USD 756.3 million, while in China it is forecast to grow at 17.1% CAGR

The bid price configuration software market in the US is estimated to be $756.3 million by 2023. China, the world’s second largest economy, is expected to reach a projected market size of $1.3 billion by 2030, with CAGR of 17.1%. in the analysis period 2023–2030. Other noteworthy geographic markets include Japan and Canada, which are forecast to grow 11.5% and 12.2%, respectively, from 2023 to 2030. In Europe, Germany is forecast to grow at approximately 12.8% CAGR.

Key Features:

Report attribute Details
number of pages 435
Forecast period 2023 – 2030
Estimated market value (USD) in 2023 $2.5 billion
Projected market value (USD) until 2030 $7.3 billion
Compound annual growth rate 14.1%
Regions covered Global

MARKET OVERVIEW

  • Introduction to Configuration Quoting (CPQ) software.
  • Key features of CPQ software
  • Global market prospects and forecasts
  • Countless benefits of CPQ software to increase market adoption
  • Recent market activity
  • Set Up Pricing Software – Global Key Competitors Market Share Percentage in 2023 (E)

MARKET TRENDS AND FACTORS

  • CPQ plays a key role in enabling businesses to become resilient and profitable
  • Choose popular CPQ software
  • Evolving CPQ use cases to accelerate market adoption
  • Market benefits resulting from the increasing use of automation solutions in business operations
  • Increased productivity is needed to positively impact the CPQ market
  • The growing use of mobile solutions in enterprises promises to grow the CPQ software market
  • Global Labor Force Population: Percentage Breakdown of Workers by Job Type for 2009, 2017 and 2024
  • Key Benefits Supporting the mobility trend among enterprises assessed by the importance assigned by enterprises
  • The growing use of mobile devices in companies increases the demand for mobile CPQ solutions
  • 5G smartphone sales in millions of units in 2019–2022
  • Manufacturers want to take advantage of the capabilities of CPQ software
  • CPQ software for the manufacturing sector is constantly evolving
  • CPQ software is becoming an important tool to address the challenges of Industry 4.0
  • Growing use of CPQ software in B2B e-commerce
  • Global B2B e-commerce market size (billions of US dollars) in 2020, 2022, 2024 and 2026
  • CPQ trends in electronics and MRO
  • Medical device manufacturing: potential benefits and challenges for CPQ software
  • CPQ implementations promise improved performance for high-tech companies
  • Cloud-based CPQ software ready for big growth
  • Notable Trends in the CPQ Market: An Overview
  • CRM-CPQ integration to drive business growth
  • Common obstacles to CPQ software implementations
  • Reasons for CPQ integration not meeting expectations

Focus on selected players(Total 151 featured)

  • ConnectWise Limited
  • Aksonom limited liability company
  • Bitrix limited liability company
  • Cincom Systems, Inc.
  • CloudBlue
  • BearPoint Holding BV
  • BlueSnap
  • Connected2fiber, Inc.
  • Professional resources of the Cadac Group
  • AICOMP Consulting
  • ATLATL software
  • Congo
  • Set up one
  • RM cube
  • DealHub.io

More information about this report can be found at https://www.researchandmarkets.com/r/olisho

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ResearchAndMarkets.com is the world’s leading source of international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, leading companies, new products and the latest trends.

  • Set up a software marketplace with quote pricing