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.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.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.
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.
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.
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.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.Global Configure-Price-Quote (CPQ) Market Dynamic–Configure price and quote (CPQ) market is mainly driven by growing need for higher productivity.
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.