Market Overview:
The global quote-to-cash (Q2C) software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for Q2C software from large enterprises and SMEs across different regions. Additionally, the growing trend of cloud-based and web-based Q2C software is also contributing to the growth of this market. However, lack of awareness about Q2C solutions among small businesses is restraining the growth of this market to some extent.
Product Definition:
Quote-to-cash (Q2C) software is a type of enterprise resource planning (ERP) software that helps companies manage the quotation and order fulfillment process. Quote-to-cash software streamlines the quoting process, automates order creation and fulfillment, and provides visibility into inventory levels and pricing. This allows businesses to provide quick quotes to customers, speed up the order fulfillment process, and make more informed decisions about what products to stock in their inventory.
Cloud Based:
Cloud-based software is a type of software service that provides shared computer processing for multiple users over the internet. The technology involves four basic elements: cloud, infrastructure, deployment model and application. Cloud computing is also known as Infrastructure-as-a-Service (IaaS), which offers shared resources and on-demand self service to consumers via Software as a Service (SaaS) model.
Web Based:
The global web-based and software-as-a-service (SaaS) market size was valued at USD 27.5 billion in 2015 and is expected to witness significant growth over the next seven years. The increasing demand for cloud computing, which provides on-demand self service, is one of the key trends stimulating market growth.
Application Insights:
The large enterprises segment accounted for the largest revenue share of over 60% in 2017. The Q2C software helps banks and other financial institutions to provide fast, secure and real-time payment solutions to their customers. It also reduces the cost associated with processing transactions as well as increases operational efficiency by automating various processes related to payments. Furthermore, it also helps reduce frauds by providing enhanced security features such as data encryption and authentication techniques thereby increasing its adoption among large enterprises.
The SMEs segment is expected register the fastest CAGR of XX% from 2018 to 2030 owing to increased adoption of online business banking services which offer easy access for both buyers & sellers on a global level along with seamless communication across different time zones through internet protocol (IP) technology coupled with mobile applications that facilitate quick transfer of funds between accounts held at different banks or at any one bank globally without involving any middlemen or agents in between.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of major players, such as Intuit Inc.; Microsoft Corporation; and QuickBooks Online, LLC. Moreover, these companies are continuously investing in R&D activities to develop advanced software solutions that would enhance their customer base across this region.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing adoption of cloud based Q2C software by small and medium enterprises (SMEs). Furthermore, growing penetration of internet users coupled with rising number of mobile money transactions is also anticipated to drive demand for these solutions in Asia Pacific region over the forecast period. Additionally, government initiatives promoting financial inclusion are further expected boost regional market growth over the next eight years.
Growth Factors:
- Increasing demand for Quote-to-Cash (Q2C) Software from small and medium businesses (SMBs) due to the growing need to automate their sales processes and improve efficiency.
- The increasing trend of cloud-based deployments of Quote-to-Cash (Q2C) Software, which allows users to access the software from anywhere at any time, making it more convenient and flexible for users.
- The growing popularity of Quote-to-Cash (Q2C) Software among enterprises as they look for ways to improve their bottom line by automating their sales processes and reducing costs associated with manual processing tasks.
- The increasing demand for Quote-to-Cash (Q2C) Software from global markets as companies look to expand their operations into new geographies and grow their customer base internationally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Quote-to-Cash (Q2C) Software Market Research Report
By Type
Cloud Based, Web Based
By Application
Large Enterprises, SMEs
By Companies
Salesforce, IBM, CloudSense, Experlogix, Expedite Commerce, BlueprintCPQ, Armatic, QuoteWerks, Infor CPQ, Powertrak
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Quote-to-Cash (Q2C) Software Market Report Segments:
The global Quote-to-Cash (Q2C) Software market is segmented on the basis of:
Types
Cloud Based, Web Based
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:
- Salesforce
- IBM
- CloudSense
- Experlogix
- Expedite Commerce
- BlueprintCPQ
- Armatic
- QuoteWerks
- Infor CPQ
- Powertrak
Highlights of The Quote-to-Cash (Q2C) Software 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:
- Cloud Based
- Web Based
- 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 Quote-to-Cash (Q2C) Software 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.
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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
Frequently Asked Questions?
Quote-to-Cash (Q2C) software is a platform that helps businesses turn quotes into cash. The software connects businesses with lenders, providing them with the financing they need to grow their business. Q2C also provides analytics and reporting tools to help businesses track their progress and make informed decisions about future growth.
Some of the major players in the quote-to-cash (q2c) software market are Salesforce, IBM, CloudSense, Experlogix, Expedite Commerce, BlueprintCPQ, Armatic, QuoteWerks, Infor CPQ, Powertrak.
The quote-to-cash (q2c) software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Quote-to-Cash (Q2C) Software Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Quote-to-Cash (Q2C) Software Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Quote-to-Cash (Q2C) Software Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Quote-to-Cash (Q2C) Software Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Quote-to-Cash (Q2C) Software Market Size & Forecast, 2018-2028 4.5.1 Quote-to-Cash (Q2C) Software Market Size and Y-o-Y Growth 4.5.2 Quote-to-Cash (Q2C) Software Market Absolute $ Opportunity
Chapter 5 Global Quote-to-Cash (Q2C) Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Quote-to-Cash (Q2C) Software Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 Web Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Quote-to-Cash (Q2C) Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Quote-to-Cash (Q2C) Software Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Quote-to-Cash (Q2C) Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Quote-to-Cash (Q2C) Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Quote-to-Cash (Q2C) Software Analysis and Forecast
9.1 Introduction
9.2 North America Quote-to-Cash (Q2C) Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Quote-to-Cash (Q2C) Software Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 Web Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Quote-to-Cash (Q2C) Software Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Quote-to-Cash (Q2C) Software Analysis and Forecast
10.1 Introduction
10.2 Europe Quote-to-Cash (Q2C) Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Quote-to-Cash (Q2C) Software Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 Web Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Quote-to-Cash (Q2C) Software Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Quote-to-Cash (Q2C) Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Quote-to-Cash (Q2C) Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Quote-to-Cash (Q2C) Software Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 Web Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Quote-to-Cash (Q2C) Software Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Quote-to-Cash (Q2C) Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Quote-to-Cash (Q2C) Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Quote-to-Cash (Q2C) Software Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 Web Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Quote-to-Cash (Q2C) Software Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Quote-to-Cash (Q2C) Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Quote-to-Cash (Q2C) Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Quote-to-Cash (Q2C) Software Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 Web Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Quote-to-Cash (Q2C) Software Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Quote-to-Cash (Q2C) Software Market: Competitive Dashboard
14.2 Global Quote-to-Cash (Q2C) Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Salesforce
14.3.2 IBM
14.3.3 CloudSense
14.3.4 Experlogix
14.3.5 Expedite Commerce
14.3.6 BlueprintCPQ
14.3.7 Armatic
14.3.8 QuoteWerks
14.3.9 Infor CPQ
14.3.10 Powertrak