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Key regions: Japan, China, South Korea, United Kingdom, Canada
The use of Customer Relationship Management (CRM) software is on the rise in Tajikistan, reflecting a larger trend of digitalization in the country.
Customer preferences: As Tajikistan's economy grows, businesses are looking for ways to improve their customer engagement and retention. CRM software offers a solution that allows companies to better manage their customer relationships and improve their overall customer experience. Additionally, the COVID-19 pandemic has accelerated the adoption of digital solutions, including CRM software, as businesses look for ways to operate remotely and safely.
Trends in the market: The CRM software market in Tajikistan is still in its early stages, but it is growing steadily. Small and medium-sized businesses are the primary users of CRM software, but larger enterprises are also starting to adopt it. Cloud-based solutions are becoming more popular as they offer more flexibility and scalability than traditional on-premise solutions. Additionally, mobile CRM is gaining traction as more businesses look for ways to manage their customer relationships on-the-go.
Local special circumstances: Tajikistan is a developing country with a young population that is increasingly tech-savvy. However, there are still challenges to overcome when it comes to digitalization, including limited access to high-speed internet and a lack of IT infrastructure. Additionally, many businesses in Tajikistan are still reliant on traditional methods of customer relationship management, such as face-to-face interactions and phone calls.
Underlying macroeconomic factors: Tajikistan's economy is heavily reliant on remittances from migrant workers, which has been affected by the COVID-19 pandemic. However, the government has been investing in infrastructure development and diversifying the economy, which has led to growth in a number of sectors, including retail, hospitality, and finance. As these industries continue to grow, the demand for CRM software is likely to increase. Additionally, the government has been promoting digitalization as a way to drive economic growth, which is likely to further boost the adoption of CRM software in the country.
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.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)