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Customer Relationship Management Software - Ireland

Ireland
  • The projected revenue for the Customer Relationship Management Software market in 2024 in Ireland is expected to reach US$185.00m.
  • This forecast indicates a positive growth trend for the market.
  • Furthermore, it is projected that the market will experience an annual growth rate of 9.24% from 2024 to 2029, resulting in a market volume of US$287.80m by 2029.
  • This steady growth indicates a promising future for the Customer Relationship Management Software market in Ireland.
  • In terms of spending, the average Spend per Employee in the Customer Relationship Management Software market is projected to reach US$63.77 in 2024.
  • This metric serves as an indicator of the level of investment in CRM software by businesses in Ireland.
  • When comparing the global market, it is expected that United States will generate the highest revenue in the Customer Relationship Management Software market, reaching a staggering US$45.11bn in 2024.
  • This highlights the dominance of the United States in the global CRM software market.
  • Overall, these figures demonstrate the significant potential and growth opportunities that the Customer Relationship Management Software market holds for businesses in Ireland.
  • It is crucial for companies operating in this market to stay abreast of the latest trends and technologies to capitalize on this growth and remain competitive.
  • Ireland's thriving tech ecosystem and skilled workforce make it an ideal hub for international companies seeking advanced CRM software solutions.

Definition:

The Customer Relationship Management Software market covers software applications that support organizations in managing their interactions with customers, clients, and prospects. These applications help organizations during the entire life cycle of a customer including sales, marketing, customer services, and contact center to improve their customer engagement, increase customer loyalty, and grow their business.

Products in the Customer Relationship Management Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.

Additional Information:

The Customer Relationship Management Software market comprises revenue and revenue growth as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by enterprises (B2B) and governments (B2G).

Key players in this market include Salesforce, SAP, Adobe, and Oracle.

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In-Scope

  • Sales applications, such as Zendesk Sell, LinkedIn Sales Navigator, and HubSpot Sales
  • Marketing applications, such as Keap, ActiveCampaign, and Constant Contact
  • Contact center applications, such as CloudTalk, Google Cloud Contact Center AI, and Talkdesk
  • Customer service applications, such as Zendesk, Freshdesk, and Salesforce

Out-Of-Scope

  • CRM analytics, such as Tableau, Microsoft Power BI, and SAS Customer Intelligence
  • Custom applications, such as Sphinx Solutions, CHI Software, and Intellectsoft
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Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Jul 2024

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Customer Relationship Management Software market in Ireland has been experiencing significant growth in recent years, driven by a number of factors.

    Customer preferences:
    One of the key factors driving growth in the Customer Relationship Management Software market in Ireland is the increasing demand for cloud-based solutions. Many businesses are now looking to move away from traditional on-premise software solutions, and instead opt for cloud-based systems that offer greater flexibility and scalability. This is particularly true for small and medium-sized businesses, which often have limited resources to invest in IT infrastructure.

    Trends in the market:
    Another trend that is driving growth in the Customer Relationship Management Software market in Ireland is the increasing use of artificial intelligence and machine learning. Many CRM software providers are now incorporating these technologies into their platforms, allowing businesses to automate a range of tasks and gain deeper insights into their customers' behavior. This is particularly useful for businesses that are looking to improve their marketing and sales efforts, as it allows them to identify patterns and trends in customer behavior that would be difficult to detect manually.

    Local special circumstances:
    One of the unique factors that is driving growth in the Customer Relationship Management Software market in Ireland is the country's strong focus on technology and innovation. Ireland has a highly skilled workforce, and is home to many of the world's leading technology companies. This has created a favorable environment for the development and adoption of new technologies, including CRM software.

    Underlying macroeconomic factors:
    Finally, the overall strength of the Irish economy is also contributing to the growth of the Customer Relationship Management Software market. Ireland has experienced steady economic growth in recent years, and has a highly educated and skilled workforce. This has attracted many businesses to the country, particularly in the technology sector, and has created a strong demand for CRM software solutions.In conclusion, the Customer Relationship Management Software market in Ireland is experiencing strong growth, driven by a range of factors including increasing demand for cloud-based solutions, the use of artificial intelligence and machine learning, the country's focus on technology and innovation, and the overall strength of the Irish economy. As these trends continue, we can expect to see continued growth in the CRM software market in Ireland in the years to come.

    Global Comparison

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices

    Methodology

    Data coverage:

    The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).

    Modeling approach / Market size:

    The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.

    Forecasts:

    We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

    Additional notes:

    The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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