Global Social Customer Relationship Management (CRM) Software Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Enterprise Size ;

Large Enterprises and Small & Medium Enterprise.

By Component ;

Solution and Services.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn120311148 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Social Customer Relationship Management (CRM) Software Market (USD Million), 2021 - 2031

In the year 2024, the Global Social Customer Relationship Management (CRM) Software Market was valued at USD 4,480.19 million. The size of this market is expected to increase to USD 16,051.46 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 20%.

The COVID-19 pandemic has had a significant impact on businesses, affecting profitability, innovation, and financial reserves. However, the growing adoption of digital technology and CRM tools is poised to drive digital transformation and optimization efforts across industries. CRM tools support various business functions, including marketing, sales, and customer service, leading to increased use of cloud technology and work collaboration tools, which in turn, aids in market growth.

Organizational departments such as sales & marketing and customer services & support are increasingly integrating CRM systems with AI to enhance customer experience and feedback, fostering stronger bonds with customers. For example, Salesforce, Inc. introduced CRM analytics with AI-powered insights for sales, marketing, and service teams across various industries, including BFSI, retail, and IT & telecom. These developments are expected to boost market growth by enabling organizations to better understand customer behavior and preferences and implement effective CRM strategies in real-time.

The increasing use of digital channels by customers to communicate with brands and organizations is anticipated to drive growth in the customer relationship management industry. Organizations are adopting CRM strategies to stay ahead of rivals by gaining insights into customer behavior. Rapid advancements in business intelligence, embedded analytics, IoT, and AI are promoting product enhancement and innovation among CRM vendors. For instance, Salesforce.com, Inc. announced new capabilities across digital 360 to help enterprises enhance their digital activities and deliver next-generation digital experiences, commerce, and marketing.

While large corporations have made significant investments in IT infrastructure, budget constraints have hindered Small and Medium Businesses (SMBs) from aggressively investing in IT infrastructure. However, futuristic CRM suites enable enterprises to gauge business performance and track sales trajectories, driving further market growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Enterprise Size
    2. Market Snapshot, By Component
    3. Market Snapshot, By Region
  4. Global Social Customer Relationship Management (CRM) Software Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Focus on Customer Engagement
        2. Growth of Social Media
      2. Restraints
        1. Data Privacy Concerns
        2. Integration Challenges
      3. Opportunities
        1. Social Media Analytics
        2. Expansion into New Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Social Customer Relationship Management (CRM) Software Market, By Enterprise Size , 2021 - 2031 (USD Million)
      1. Large Enterprises
      2. Small Enterprise
      3. Medium Enterprise
    2. Global Social Customer Relationship Management (CRM) Software Market, By Component, 2021 - 2031 (USD Million)
      1. Solution
      2. Services
    3. Global Social Customer Relationship Management (CRM) Software Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Salesforce.com
      2. Oracle
      3. Lithium Technologies
      4. Jive Software
  7. Analyst Views
  8. Future Outlook of the Market