Configure Price Quote Software Market size is estimated to be USD 1.5 Billion in 2024 and is expected to reach USD 4.2 Billion by 2033 at a CAGR of 12% from 2026 to 2033.
The global Configure Price Quote (CPQ) software market size was valued at approximately USD 1.80 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 16.5% from 2023 to 2030. This market growth is primarily driven by increasing demand for automation in pricing processes, improved sales efficiency, and better configuration management across various industries. North America holds the largest market share due to the high adoption rate of CPQ solutions by businesses in the U.S. and Canada, with the market size in the region estimated to reach USD 1.2 billion by 2025. The region is expected to continue dominating the market throughout the forecast period, given the growing focus on sales performance optimization and the need for rapid deployment of pricing tools across sectors like manufacturing, retail, and IT.
Europe and the Asia Pacific are emerging as significant markets for CPQ software, with the Asia Pacific region showing the highest CAGR during the forecast period, projected at 18.2%. The demand for CPQ solutions in the Asia Pacific is driven by the rapid digital transformation, increasing need for operational efficiency, and the expansion of small and medium enterprises (SMEs) adopting cloud based CPQ solutions. The European market is also witnessing steady growth, with the software gaining traction among manufacturers and service providers in the automotive, telecommunications, and healthcare industries. Latin America and the Middle East & Africa (MEA) are smaller markets but offer growth potential as businesses in these regions start adopting digital solutions for sales and pricing management, with the MEA region expected to grow at a CAGR of 14.6% by 2030.
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Apttus
Salesforce
Callidus Software
Oracle
Infor
FPX
PROS
Aspire Technologies (QuoteWerks)
SAP
IBM
Configure One
Axonom
Incm Systems
ConnectWise Sell (formly Quosal)
Experlogix
Technicon Systems
PandaDoc
e Market Places LLC (CPQcart)
Model N
Vendavo
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Configure Price Quote Software Market
Manufacturing
Information Technology
Healthcare
Telecommunications
Retail
Financial Services
Cloud-based
On-premise
Hybrid
Large Enterprises
Small and Medium-sized Enterprises (SMEs)
Startups
Basic CPQ Solutions
Advanced CPQ Solutions
Integration Capabilities
Mobile CPQ Solutions
Sales Teams
Product Managers
Marketing Teams
Finance Departments
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Configure Price Quote Software Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Configure Price Quote Software Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Configure Price Quote Software Market, By Type
6. Global Configure Price Quote Software Market, By Application
7. Global Configure Price Quote Software Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Configure Price Quote Software Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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