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.
For more information on the displayed data, use the info button right next to the boxes.
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
Most recent update: Mar 2024
Source: Statista Market Insights
The demand for Customer Relationship Management (CRM) software in Kenya has been steadily increasing over the years.
Customer preferences: Kenyan businesses are becoming more customer-centric and are focused on improving customer experience. This has led to an increased demand for CRM software that can help businesses manage their customer interactions, track customer behavior, and personalize communication. Additionally, the rise of e-commerce in Kenya has further fueled the demand for CRM software as businesses look to manage customer data across multiple channels.
Trends in the market: One of the key trends in the Kenyan CRM software market is the shift towards cloud-based solutions. Cloud-based CRM software is more affordable and accessible, making it an attractive option for small and medium-sized businesses. Another trend is the integration of artificial intelligence (AI) and machine learning (ML) into CRM software. This allows for more personalized communication and improved customer insights.
Local special circumstances: Kenya has a large and growing population of tech-savvy youth who are increasingly using technology to access products and services. This has led to a rise in mobile and internet penetration in the country, making it easier for businesses to reach and engage with customers. Additionally, the Kenyan government has been actively promoting the growth of the technology sector, providing incentives for businesses to invest in technology solutions.
Underlying macroeconomic factors: Kenya has been experiencing steady economic growth over the years, with a growing middle class and increasing consumer spending. This has led to a rise in demand for goods and services, including CRM software. Additionally, Kenya has a large and growing small and medium-sized business sector, which has been driving the demand for affordable and accessible CRM solutions.
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
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Jan 2025
Source: Statista Market Insights
These activities are planned and put into stages in a logical order, a process known as the software development life cycle (SDLC) or software development. The SDLC often includes six stages: requirement analysis, design, development, testing, implementation, documentation, and evolution. Programming languages such as JavaScript and C++ are used to create software, with JavaScript being the most popular programming language in 2023 and used by roughly 65 percent of software developers.
+44 (0)20 8189 7000
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 10:00am - 6:00pm (JST)
+1 212 419-5774
Mon - Fri, 9am - 6pm (EST)
+65 6995 6959
Mon - Fri, 9am - 5pm (SGT)