Configure-Price-Quote (CPQ) Market unveils a succinct analysis of the market size, regional spectrum and revenue forecast about the Configure-Price-Quote (CPQ) market. Furthermore, the report points out major challenges and latest growth plans embraced by key manufacturers that constitute the competitive spectrum of this business domain.
Configure-Price-Quote (CPQ) Market is valued at USD 254.8 Million in 2018 and expected to reach USD 872.8 Million by 2025 with the CAGR of 19.23% over the forecast period. Growing adoption of mobile devices and smartphones, rising popularity of mobile apps and growing need for higher productivity are some of the major factors driving the market growth.
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Scope of Configure-Price-Quote (CPQ) Market Report-
Configure, Price, Quote (CPQ) helps the customers in configuring the products from a set of available components, products and services, to produce the desired product. Pricing considers the configuration that is done by the customer and delivers the actual price or the discounted price if applicable to the customer while confirming profit margins based on costs. Configure price and quote (CPQ) software also assists in creating the quote document for presentation to the customer which includes all the details of products and services included.
Key Players of Global Configure-Price-Quote (CPQ) Market Report-
Configure-Price-Quote (CPQ) market report covers prominent players like Apttus Corporation, Callidus Software, FPX, LLC, Oracle Corp, PROS, Inc, Salesforce.com, Aspire Technologies, Inc., Cincom Systems, Inc., ConnectWise, Inc., International Business Machines Corporation, Infor, Inc, Model N, Inc., SAP Ag, Vendavo, Inc. and others.
Configure price and quote (CPQ) supports in addressing the contemporary B2B buyers and seller’s requirements. The organizations are liable to invest in configure, price and quote (CPQ) software because it recovers the B2B buying involvement of customers, and also helps in delivering that the customer chosen product at right time in buyers preferred channel.
Configure price and quote (CPQ) software helps to reduce the time required to market the new offerings and also reduces seller upgrade time, CPQ software also helps in programming the complex back-office sales processes in the front-office, and helps in dropping the costly pricing errors. These solutions help in solving the major needs of organizations that manufacture complex, custom engineered products. But in current scenario CPQ software solutions are used across various industries to deliver customizable and modified products to the clients.
Configure-Price-Quote (CPQ) market report is segmented based on deployment, industry and region & country level. Based upon deployment, configure-price-quote (CPQ) market is classified into cloud and on-premise. Based upon industry, configure-price-quote (CPQ) market is classified into IT and telecom, banking, automobile, retail, gaming, hospitality and others.
Global Configure-Price-Quote(CPQ) Market Segmentation:–
By Deployment:
- Cloud
- On-Premise
By Industry:
- IT and Telecom
- Banking
- Automobile
- Retail
- Gaming
- Hospitality
- Others
The regions covered in this configure-price-quote (CPQ) market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of configure-price-quote (CPQ) is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Global Configure-Price-Quote (CPQ) Market Dynamic–
Configure price and quote (CPQ) market is mainly driven by growing need for higher productivity. CPQ software reduces the dependability on paperwork and documentation and assists the sales management staff to enhance their productivity. Speed of pricing and configuring process of the products and services also increases which helps the organizations to reduce their overall costs associated with the demonstrating the features of products and services physically. Configure price and quote (CPQ) software is also organized to achieve the legacy system integration, overcome management challenges, and remove pricing data variations. According to Accenture’s study, 83% of sales representatives are currently using CPQ applications today, and 81% are using technology-based tools to identify and take action on sales leads. 80% are using automated CPQ tools to provide prospects with quotes that include their product and service configurations. However, lack of awareness among the end-user is also one of the factor restraining the growth of the configure price and quote (CPQ) market.
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Table of Content
1 Study Coverage
1.1 Configure-Price-Quote (CPQ) Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Configure-Price-Quote (CPQ) Market Size
2.1.1 Global Configure-Price-Quote (CPQ) Revenue 2014-2025
2.1.2 Global Configure-Price-Quote (CPQ) Production 2014-2025
2.2 Configure-Price-Quote (CPQ) Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Configure-Price-Quote (CPQ) Manufacturers
2.3.2.1 Configure-Price-Quote (CPQ) Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Configure-Price-Quote (CPQ) Product Offered
2.3.2.3 Date of Manufacturers Enter into Configure-Price-Quote (CPQ) Market
2.4 Key Trends for Configure-Price-Quote (CPQ) Markets & Products
3 Market Size by Manufacturers
3.1 Configure-Price-Quote (CPQ) Production by Manufacturers
3.1.1 Configure-Price-Quote (CPQ) Production by Manufacturers
3.1.2 Configure-Price-Quote (CPQ) Production Market Share by Manufacturers
3.2 Configure-Price-Quote (CPQ) Revenue by Manufacturers
3.2.1 Configure-Price-Quote (CPQ) Revenue by Manufacturers (2014-2019)
3.2.2 Configure-Price-Quote (CPQ) Revenue Share by Manufacturers (2014-2019)
3.3 Configure-Price-Quote (CPQ) Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 Configure-Price-Quote (CPQ) Production by Regions
4.1 Global Configure-Price-Quote (CPQ) Production by Regions
4.1.1 Global Configure-Price-Quote (CPQ) Production Market Share by Regions
4.1.2 Global Configure-Price-Quote (CPQ) Revenue Market Share by Regions
4.2 North America
4.2.1 North America Configure-Price-Quote (CPQ) Production
4.2.2 North America Configure-Price-Quote (CPQ) Revenue
4.2.3 Key Players in North America
4.2.4 North America Configure-Price-Quote (CPQ) Import & Export
4.3 Europe
4.3.1 Europe Configure-Price-Quote (CPQ) Production
4.3.2 Europe Configure-Price-Quote (CPQ) Revenue
4.3.3 Key Players in Europe
4.3.4 Europe Configure-Price-Quote (CPQ) Import & Export
4.4 China
4.4.1 China Configure-Price-Quote (CPQ) Production
4.4.2 China Configure-Price-Quote (CPQ) Revenue
4.4.3 Key Players in China
4.4.4 China Configure-Price-Quote (CPQ) Import & Export
4.5 Japan
4.5.1 Japan Configure-Price-Quote (CPQ) Production
4.5.2 Japan Configure-Price-Quote (CPQ) Revenue
4.5.3 Key Players in Japan
4.5.4 Japan Configure-Price-Quote (CPQ) Import & Export
5 Configure-Price-Quote (CPQ) Consumption by Regions
5.1 Global Configure-Price-Quote (CPQ) Consumption by Regions
5.1.1 Global Configure-Price-Quote (CPQ) Consumption by Regions
5.1.2 Global Configure-Price-Quote (CPQ) Consumption Market Share by Regions
5.2 North America
5.2.1 North America Configure-Price-Quote (CPQ) Consumption by Application
5.2.2 North America Configure-Price-Quote (CPQ) Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
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