Global CRM for Startups Market by Type (Asset Tracking, Inventory Tracking and Purchasing, Preventive Maintenance, Predictive Maintenance, Work Order), By Application (Large Enterprises, SMEs) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global CRM for startups market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for CRM software from small and medium-sized enterprises (SMEs) and the growing trend of cloud-based CRM solutions. The global CRM for startups market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into asset tracking, inventory tracking and purchasing, preventive maintenance, predictive maintenance, work order management. The asset tracking segment is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. This growth can be attributed to increased adoption of RFID technology by small businesses for better inventory management.



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Product Definition:

Customer Relationship Management (CRM) is a term that describes the various software programs and applications used by businesses to manage customer interactions and data. CRM software provides a variety of features, such as customer tracking, contact management, lead management, marketing automation, and sales force automation.

The importance of CRM for startups can be summed up in three main points: First, CRM helps startups track their customers' interactions with the company across different channels (e.g., phone calls, emails, website visits). This allows startups to better understand their customers' needs and preferences so they can provide them with better service. Second, CRM helps startups automate many sales-related tasks (e.g., creating leads lists or sending out automated marketing emails), which frees up time for employees to focus on more important activities. Thirdly -and most importantly- effective use of CRM can help increase a startup's revenue by helping sales teams close more deals faster.

Asset Tracking:

Asset tracking is the process of following and monitoring the physical assets in real-time. Asset tracking systems are used by companies to keep a track on their inventory, equipment, vehicles, and other movable assets. Asset management software is used to effectively manage these assets which help businesses improve productivity & efficiency along with reducing operational costs. The asset management software provides information about the location of each asset which helps users optimize their working capital as well as revenue generation through better utilization of resources.

Inventory Tracking and Purchasing:

Inventory tracking and purchasing are used in CRM for startups to automate the process of receiving and sending invoices. The software is capable of performing these tasks by maintaining a record of all the purchase orders, their status, history, due date and customer information. It also helps companies to manage inventory efficiently by providing real-time visibility into product availability along with its location in warehouse or storeroom.

Application Insights:

The large enterprises segment dominated the global CRM for startups market in 2017. This can be attributed to factors such as presence of a large number of enterprise customers, need for efficient customer management and support, and high cost associated with developing applications inhouse. Furthermore, government initiatives aimed at encouraging adoption of digital technologies are expected to drive growth over the forecast period. For instance, Digital India initiative by the Indian Government is aimed at providing internet access to all citizens from rural areas and enabling them with necessary skills required to use modern technology. Such initiatives are expected to foster growth of startups operating in this sector which will eventually benefit overall market demand during future years.

Regional Analysis:

North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing investments by prominent players and growing adoption of advanced technologies such as cloud computing, big data analytics, and mobile CRM among startups in this region. Moreover, high level of customer engagement has led North America CRM for startups market to emerge as a hub for innovative solutions that are transforming traditional business models across various industries including healthcare & life sciences, BFSI etc.

Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing number of digitalization initiatives taken up by governments across countries such as India and China among others are anticipated boost regional growth significantly over the next eight years.

Growth Factors:

Increased demand for CRM software from small businesses and startups due to the growing need to manage customer data and interactions more effectively.
The increasing popularity of cloud-based CRM solutions, which are affordable, easy to use, and scalable, making them a good fit for small businesses and startups.
The emergence of new technologies such as social media, mobile devices, and big data that offer opportunities for CRM vendors to develop innovative solutions that can help small businesses and startups better engage with their customers.
Growing interest among venture capitalists in investing in CRM companies that provide solutions specifically tailored to the needs of small businesses and startups.
The increasing number of online resources (including blogs, forums, etc.) available that offer advice on how best to use CRM software for managing customer relationships


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Scope Of The Report
Report Attributes
Report Details
Report Title
CRM for Startups Market Research Report
By Type
Asset Tracking, Inventory Tracking and Purchasing, Preventive Maintenance, Predictive Maintenance, Work Order
By Application
Large Enterprises, SMEs
By Companies
Keap, Zendesk, Oracle, Thryv, FreeAgent CRM, HubSpot, Salesforce, Interchange Solutions, Ontraport, Top Producer Software, BenchmarkONE, Maximizer Services, Copper, SugarCRM, Claritysoft CRM, LeadMaster, CreamSoda, TeamSupport, Quickbase, Workbooks
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.

Global CRM for Startups Market Report Segments:
The global CRM for Startups market is segmented on the basis of:
Types
Asset Tracking, Inventory Tracking and Purchasing, Preventive Maintenance, Predictive Maintenance, Work Order
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Keap
Zendesk
Oracle
Thryv
FreeAgent CRM
HubSpot
Salesforce
Interchange Solutions
Ontraport
Top Producer Software
BenchmarkONE
Maximizer Services
Copper
SugarCRM
Claritysoft CRM
LeadMaster
CreamSoda
TeamSupport
Quickbase
Workbooks



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Highlights of The CRM for Startups Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Asset Tracking
Inventory Tracking and Purchasing
Preventive Maintenance
Predictive Maintenance
Work Order
By Application:
Large Enterprises
SMEs
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the CRM for Startups Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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