CRM Market in China Grows Due to On-Demand Software Segment
Albany, NY (PRWEB) February 20, 2015 -- Call 866-997-4948 (Us-Canada Toll Free) Tel: +1-518-618-1030 with your industry research requirements or email the details on sales(at)researchmoz(dot)us
ResearchMoz recently published a research study titled “CRM Market in China 2015-2019”. This report analyzes the growth of this market in terms of its segments, regions, sub-segments, and key market players. The report states that the CRM market in China will grow at a CAGR of 16.54% from 2014 to 2019. The market research report provides an insight into the threat of substitute products or services, threat of new entrants, bargaining power of suppliers, bargaining power of customers, and intensity of competitive rivalry with the help of Porter’s Five Forces Analysis. Additionally, it also gives a complete understanding of strengths, weaknesses, opportunities, and threats of this market with the help of a SWOT analysis.
To Download Sample Report With TOC: http://www.researchmoz.com/enquiry.php?type=sample&repid=243402
CRM or customer relationship management is a discipline of business management that refers to designing a system in order to manage the future relationships of the customers of a certain business entity. It makes use of technology to synchronize, organize, and automate huge customer data related to sales, marketing, technical support, and customer service.
The report on the CRM market in China highlights the primary growth drivers and provides adequate information about the growth of various segments and sub-segments. According to the report, sales automation is an important sub-segment in the China CRM market, as it is the chief contributor to the revenue of the on-demand CRM software segment. The reasons supporting this growth are its simple configuration for sales administrators and easy deployment. Analysts predict that the sales automation sub-segment will continue to dominate in the coming few years and will lead to about 45% revenue for the on-demand software segment.
Furthermore, the report also sheds light on rise in the demand for marketing automation segment. The growing demand for marketing automation and customer service & support solutions is attributable to increasing sales.
To Browse a Full Report with TOC: http://www.researchmoz.us/crm-market-in-china-2015-2019-report.html
Some of the key players in the CRM market in China are Microsoft Corp, Oracle Corp, SAP AG, 800App CRM, Amdocs, AsiaInfo-Linkage, and Kingdee International Software. The report provides a granular view on the financial outlook of these companies, their research and development activities, and list of existing products and those in the pipeline, and also maps a chart for the growth plan.
The report is a wealth of knowledge for every reader as it gives in-depth information about market segmentation, its size, and forecasts through 2019. Additionally, the report helps in understanding the primary growth drivers, challenges, trends, dynamics, and restraints. It offers a detailed list of milestones for every key player in the CRM market in China along with their projections for the future. The report is a must-read for every business enthusiast for it clearly explains how the CRM market in China will impact the world economy in the years to come. It also gives an unbiased opinion to readers for making sound investments and decisions based on well-informed observations.
All Reports of this Category Here: http://www.researchmoz.us/ict-market-reports-96.html
Michelle Thoras, ResearchMoz, http://www.researchmoz.us/, +1-518-618-1030, [email protected]
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