Increasing Need for Higher Productivity will Drive the Market Growth during the Forecast Period
The configure price and quote software market is poised to grow by USD 1.14 billion during 2020-2024, as per the latest research report by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.
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Technavio has announced its latest market research report titled Global Configure Price And Quote (CPQ) Software Market 2020-2024 (Graphic: Business Wire)
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Due to the extensive spread of the virus across the globe, the Information Technology industry is anticipated to have Mixed impact. The configure price and quote software market will showcase a Positive impact during 2020-2024.
Configure Price and Quote Software Market 2020-2024: Segmentation
Configure Price and Quote Software Market is segmented as below:
- Cloud Based
- Geographic Landscape
- North America
- South America
North America had the largest configure price and quote software market share in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The growth of software companies, increasing use of third-party logistics, and the rising volume of trade and shipments carried by air, sea, railways, and roadways will significantly influence CPQ software market growth in this region. The US is the key market for configure price and quote software in North America. Market growth in this region will be slower than the growth of the market in APAC.
The Information Technology market is anticipated to have Direct impact and the configure price and quote software market demand will show At Par growth. View market snapshot before purchasing
Increasing need for CPQ software from APAC has been an instrumental factor in influencing the growth of configure price and quote software market. Other market drivers include low price of CPQ software and increasing need for higher productivity. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, base case and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID 19 market estimates
- Quarterly impact analysis as the spread reaches a global level and updates on market estimates
Get more insights about the global trends impacting the future of configure price and quote software market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR41048
Configure Price and Quote Software Market 2020-2024: Vendor Analysis
The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. Major market participants include Accenture Plc, Apttus Corp., Aspire Technologies Inc., Cincom Systems Inc., International Business Machines Corp., Infor Inc., Oracle Corp., Salesforce.com Inc., SAP SE, and Sigma Systems Canada LP.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform
Table of Contents:
- Market Overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Deployment
- Market segments
- Comparison by Deployment placement
- On-premise - Market size and forecast 2019-2024
- Cloud-based - Market size and forecast 2019-2024
- Market opportunity by Deployment
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher-priced units
- Market challenges
- Market trends
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Accenture Plc
- Apttus Corp.
- Aspire Technologies Inc.
- Cincom Systems Inc.
- International Business Machines Corp.
- Infor Inc.
- Oracle Corp.
- Salesforce.com Inc.
- SAP SE
- Sigma Systems Canada LP
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.