size was valued at USD 447 million in 2021 and is estimated to grow to reach over USD 904 million by 2030 at a CAGR of 9.12% over the forecast period (2022-2030).
Market Definition
Configure, price, quote (CPQ) software allows businesses to automate the entire quoting and proposal process, from the moment a customer specifies their requirements in a company's offering to sending the customer or prospect a detailed quote. In sales departments, CPQ software is used to speed up the sales process while also improving quote accuracy and customer relations. Companies can use this software to determine a customer's needs and provide them with custom quotes that best meet those needs. Typically, products are built on top of existing CRM software or are designed to work with one (or more) CRM tools.
CPQ Software Market Pricing
The CPQ Software pricing ranges start from USD 15 and goes up to USD 150. The pricing depends on the features and specifications integrated into the software. Some common features of the CPQ software are CRM compatibility, commercial rules, configuration ease of admin, customization, e-commerce, grouping, document admin, pricing administration, terms and conditions, version control, internationalization, offline support, and visual configuration.
The research report on the CPQ Software market provides a detailed analysis of the current market trends and future estimations to elucidate the imminent investment pockets. Information about key drivers, restraints, and opportunities and their impact analysis on the market size is provided. Porter's five forces analysis illuminates the potency of suppliers and buyers operating in the market. The quantitative analysis of the CPQ Software market from 2022 to 2030 determines the market potential.
This report also contains the market size, untapped opportunity index, and forecasts of CPQ Software in the global market, including the following market information:
Global CPQ Software Market Revenue, 2018-2021, 2022-2030, (USD Millions)
Global CPQ Software Market Sales, 2018-2021, 2022-2030, (Units)
Global top five CPQ Software companies in 2021 (%)
Regional Research Reports has surveyed the CPQ Software manufacturers, suppliers, distributors, and industry experts in this end-use Industry, involving the consumption, production, revenue generators, demand-side, supply-side, price change, product type analysis, recent development and strategies, industry trends, drivers, challenges, obstacles, and potential risks.
Further, the report detailed out about the leading competitors in the CPQ software market, namely:
Accenture Plc
Aspire Technologies
ConnectWise LLC
Experlogix LLC
Hansen Technologies Ltd.
Cincom Systems Inc.
CloudSense Ltd.
Conga
Oracle Corp.
Pros Inc.
International Business Machines Corp.
Koch Industries Inc.
Model N Inc.
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Current, Historical, and forecasted market size from both value (USD million) and volume (units).
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