The global market for Configure Price Quote Software was valued at US$3.0 Billion in 2024 and is projected to reach US$7.3 Billion by 2030, growing at a CAGR of 16.2% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The market for CPQ software is rapidly expanding as businesses across various sectors recognize its potential to improve sales efficiency and deal accuracy. By automating the quoting process, CPQ software reduces the time spent on sales operations and enables sales representatives to focus more on customer engagement and less on administrative tasks. The flexibility offered by CPQ tools allows for easy adaptation to specific industry requirements, enhancing its applicability in fields such as manufacturing, IT services, and healthcare, where customized product offerings are common. Additionally, CPQ software supports global sales operations by accommodating multiple currencies and pricing rules specific to geographical markets, which is invaluable for multinational corporations.
The growth in the CPQ software market is driven by several factors, including the increasing complexity of sales processes, the need for faster response times in quote generation, and the integration of advanced technologies like AI and machine learning. As products and services become more tailored and customer expectations for quick service rise, the demand for CPQ solutions that can deliver speedy and precise quotes increases. Furthermore, advancements in AI are enabling CPQ systems to provide smarter recommendations for upselling and cross-selling, enhancing their value in strategic sales planning. Additionally, as businesses increasingly move towards digital transformation, the integration of CPQ software with other enterprise applications creates a more unified and efficient sales ecosystem, fostering further market growth.
Global Configure Price Quote Software Market - Key Trends and Drivers Summarized
Configure Price Quote (CPQ) software is a sales tool that helps companies accurately define the price of goods across a vast and constantly changing spectrum of variables. By allowing the precise configuration of products from a variety of components, and calculating prices based on a combination of factors including volume, customizations, discounts, and more, CPQ software can dramatically streamline the process of quoting prices. This technology ensures that sales teams can quickly deliver accurate and configured quotes to potential customers, reducing errors and enhancing customer satisfaction. CPQ systems integrate with CRM and ERP systems, ensuring that data flows seamlessly across all stages of the sales process, from quote to cash.The market for CPQ software is rapidly expanding as businesses across various sectors recognize its potential to improve sales efficiency and deal accuracy. By automating the quoting process, CPQ software reduces the time spent on sales operations and enables sales representatives to focus more on customer engagement and less on administrative tasks. The flexibility offered by CPQ tools allows for easy adaptation to specific industry requirements, enhancing its applicability in fields such as manufacturing, IT services, and healthcare, where customized product offerings are common. Additionally, CPQ software supports global sales operations by accommodating multiple currencies and pricing rules specific to geographical markets, which is invaluable for multinational corporations.
The growth in the CPQ software market is driven by several factors, including the increasing complexity of sales processes, the need for faster response times in quote generation, and the integration of advanced technologies like AI and machine learning. As products and services become more tailored and customer expectations for quick service rise, the demand for CPQ solutions that can deliver speedy and precise quotes increases. Furthermore, advancements in AI are enabling CPQ systems to provide smarter recommendations for upselling and cross-selling, enhancing their value in strategic sales planning. Additionally, as businesses increasingly move towards digital transformation, the integration of CPQ software with other enterprise applications creates a more unified and efficient sales ecosystem, fostering further market growth.
Scope of the Study
The report analyzes the Configure Price Quote Software market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments:
Deployment (On-Premise, Cloud).Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the On-Premise Deployment segment, which is expected to reach US$3.6 Billion by 2030 with a CAGR of a 14.9%. The Cloud Deployment segment is also set to grow at 17.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $867.0 Million in 2024, and China, forecasted to grow at an impressive 19.7% CAGR to reach $1.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as ConnectWise, LLC., Axonom, Inc., Bitrix, Inc., Cincom Systems, Inc., CloudBlue and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Configure Price Quote Software Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Configure Price Quote Software Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Configure Price Quote Software Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 151 major companies featured in this Configure Price Quote Software market report include:
- ConnectWise, LLC.
- Axonom, Inc.
- Bitrix, Inc.
- Cincom Systems, Inc.
- CloudBlue
- BearingPoint Holding BV
- BlueSnap
- Connected2fiber, Inc.
- Cadac Group Professional Resources
- AICOMP Consulting
- ATLATL Software
- Conga
- Configure One
- Cube RM
- DealHub.io
Table of Contents
I. METHODOLOGYMII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ConnectWise, LLC.
- Axonom, Inc.
- Bitrix, Inc.
- Cincom Systems, Inc.
- CloudBlue
- BearingPoint Holding BV
- BlueSnap
- Connected2fiber, Inc.
- Cadac Group Professional Resources
- AICOMP Consulting
- ATLATL Software
- Conga
- Configure One
- Cube RM
- DealHub.io
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 435 |
| Published | February 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 3 Billion |
| Forecasted Market Value ( USD | $ 7.3 Billion |
| Compound Annual Growth Rate | 16.2% |
| Regions Covered | Global |
