Published Date: 9-Mar-2021
Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
According to a new report Global Customer Success Platforms Market, published by KBV research, The Global Customer Success Platforms Market size is expected to reach $3.1 billion by 2026, rising at a market growth of 20.6% CAGR during the forecast period.
On the basis of application, the reporting & analytics application segment is anticipated to exhibit a promising growth rate during the forecast period. Customer success platforms facilitate marketers & sales executives to deal with their primary audience on the basis of insights collected from data. The platforms offer visibility around customer activities that include their onboarding status, which allows them to give a customized experience.
The On-premise market dominated the Global Customer Success Platforms Market by Deployment Type 2019. The Cloud market is expected to witness highest CAGR of 21.9% during (2020 - 2026). The deployment of cloud-based customer success platforms has boosted the adoption of customer success platforms among small enterprises and is anticipated to surge due to constant R&D investments by providers. By adopting suitable cloud-based solutions, companies proactively address the concerns related to real-time optimization & take faster decisions, hence enhancing the overall operational productivity.
North America dominated the market in 2019. Asia-Pacific would exhibit a promising growth rate over the forecast years. The growth of the APAC market is anticipated to be fuelled by the adoption of customer success technology by various verticals, like BFSI, IT & telecom. The rising number of players across various regions is further anticipated to boost the customer success platforms market.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Salesforce.com, Inc., Cisco Systems, Inc., HubSpot, Inc., Medallia, Inc. (Strikedeck, Inc.), Gainsight, Inc., Totango, Ltd., UserIQ, Inc., Planhat AB, Salesmachine, Inc., and Freshworks, Inc.
By Deployment Type
By Enterprise Size
Unique Offerings from KBV Research