AI-Powered CRM Platform Market Size, Share, Trend & Forecast 2034

AI-Powered CRM Platform Market Outlook from 2024 to 2034

The global AI-powered CRM platform market is expected to leap impressively at a CAGR of 11.50% between 2024 and 2034 to reach US$ 340.6 million. The said market is supposed to achieve a US$ 114.7 million market valuation by 2024. Several market forces will influence the market.

Attributes	Key Insights
Estimated Market Size in 2024	US$ 114.7 million
Projected Market Value in 2034	US$ 340.6 million
Value-based CAGR from 2024 to 2034	11.50%

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Key Market Trends and Highlights

Customer behavior is forecasted using predictive analysis. This has been the foremost market trend that enables the business to meet customer expectations even before the customer requisition.
Emphasis on sales and marketing activities using AI-powered CRM platforms has been another key trend driving the market.
Increasing the speed of customer services by using embedded software and tools like machine learning, NLP, and AI has been another trend, acting as a crucial driving force for the market.
Collection, management, and data reproduction for generating sales leads are key trends in the market.

Demand Analysis of AI-Powered CRM Platform Market from 2019 to 2023 vs. Outlook from 2024 to 2034

Historical CAGR from 2019 to 2023	10.70%
Forecast CAGR from 2024 to 2034	11.50%

The historical CAGR of 10.70% helps the AI-powered CRM platform market jump from US$ 68.8 million to US$ 103.5 million from 2019 to 2023, respectively. This market advancement was subjected to the rising demand for e-commerce platforms.

The pandemic surged the demand for various e-commerce platforms, which required the assistance of artificial intelligence to resolve customers' queries. Hence, this was the fundamental surging factor.

Apart from this, the data management of numerous patients was essential as there was a significant surge in the number of patients being affected due to various diseases having similar symptoms. Integrating AI in CRM allowed medical institutions to classify and segregate patients under different categories to make their treatment easier.

However, the forecasted period relies more on the customer relationship of large-scale businesses. The remote operation of businesses emphasizes better customer interaction, encouraging enterprises to enhance customer comfort. Hence, integrating cutting-edge technology to improve response time drives the demand for AI-powered CRM platforms.

Apart from this, E-commerce platforms' constant growth is another market driver that generates demand for platforms, similar to the historical period.

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Market Drivers

The rising demand for enhanced customer support and service propels the global AI-powered CRM platform market. Integrating AI and other cutting-edge technological tools enhances the serviceability of traditional CRM systems. Due to this, the system's overall efficiency increases, which is a key market driver for the subject market.
More emphasis is being placed on personalizing the customer service. It is another key market driver, as personalization delivers tailored solutions to customers based on their issues and problems.
Increasing data can prove to be a serious issue in the future. Moreover, data could be considered a weapon in Industry 4.0. So, its management is essential, where AI-powered CRM platforms play an active role. Hence, it is another market driver.
Generating sales and marketing leads is another crucial platform application. Businesses extensively use this to enhance their overall performance, a key driving force for the subject market.

Market Challenges

The cost of technology acquisition might be the biggest concern for the global AI-powered CRM platform market. Due to the higher pricing of tools and software like AI, NLP, and machine learning, its accessibility decreases, which might create a challenge for the market.
Lack of literacy regarding using tools and software mentioned above drags the market. Consequently, this can be another key market challenge. Also, the maintenance and servicing of the platforms might be a concern due to the unavailability of skilled labor. Hence, this is another challenge.

Country-wise Analysis

Technological advancements have helped different countries contribute heavily to the global AI-powered CRM platform market. The Asian and Pacific countries are leading the market as the end-user industry in these countries is growing. In addition, Australia and New Zealand lead all the countries by registering the highest growth rate in the forecasted period.

North America is another market that provides a wider landscape to the subject market. The developed technological infrastructure creates lucrative growth opportunities for the market.

Europe is another significant contributor, creating strong opportunities for many organizations to expand. Due to this, the growth rate of the market is increasing rapidly.

Forecast CAGRs from 2024 to 2034

Countries	Forecast CAGR until 2034
The United States of America	8.40%
Germany	5.00%
Japan	4.30%
China	12.00%
Australia and New Zealand	15.00%

Increasing Industry-Specific Solutions’ Demand Drive the United States Market

The United States of America is the market leader, with the highest CAGR of 8.40% for the forecasted period.
This market growth is attributed to the increasing demand for tailored solutions for different industries.
As different industries post different requirements, solutions for these demands differ, surging the subject market.
Furthermore, the scope of innovation has increased, giving room to expanding the market verticals.
Apart from this, the usability of technology in multiple industries and industry verticals has helped the American market to flourish. Automation also favors this market growth.

Digital Transformation Transforms the AI-Powered CRM Platform Market in Germany

Among all the European countries, Germany registers the highest CAGR of 5.00%, helping it to lead the region.
Manufacturing and engineering are two key sectors undergoing digital transformation during Industry 4.0. Technology can be integrated into many departments to enhance organizational efficiency, surging the need for relevant technology.
Hence, this surges the demand for advanced technological assistance, which can develop all integral processing of these industries.
Therefore, the demand for AI-powered CRM platforms is increasing, helping the subject market grow moderately.

Omni-Channel Customer Engagement Fuel the Japanese Market

Customers prefer personalized interaction with businesses. Due to this, they seek organizations that provide them with constant assistance.
Consequently, organizations are keen to interact with customers, solving their queries across different touchpoints.
This can be achieved with the help of tailored solutions provided by the AI-powered CRM platform, which propels the AI-powered CRM platform market in the country.
However, the advancement of the market is at a sluggish CAGR of 4.30%.

Technological Infrastructure Propels the AI-Powered CRM Platform Market in China

Rapidly developing technological infrastructure in China accelerates market advancement.
Due to the government's investment and different key marketers, technological infrastructure is developing, reducing the overall cost of components and enhancing manufacturing.
This fuels the subject market in terms of its advancements and results in its impressive CAGR of 12.00%.
Technological evolution enhances the CRM platforms' accuracy, quality, and durability.

Rising E-Commerce Platforms Surge the Demand for the AI-Powered CRM Platform Market in Australia and New Zealand

Australia and New Zealand lead the global AI-powered CRM platform market by registering the highest CAGR of 15.00%.
This staggering CAGR results from the growing E-commerce platforms, attributed to the rising demand for customer support.
Constant evolution of processes based on customer feedback is an integral part of E-commerce functioning, achieved by AI-powered CRM platforms.

Category-wise Insights

Category	Solution- Customer Service and Support
Market Share in 2024	36.90%
Market Segment Drivers	Due to increased customer connectivity with the business, their approachability increases, which drives the market. The accuracy, speed, and consumer-tailored response enhance serviceability, driving the market segment. Uninterrupted customer service and support increase popularity, making it a critical market driver.

Category	Industry- Services
Market Share in 2024	28%
Market Segment Drivers	Customer interaction is enhanced with the help of CRM. This is the most vital market driver. Customer feedback is processed rapidly, and the output is tailored to the input, enhancing the process. This drives consumer demand.

Competitive Landscape

Different businesses play an active role in governing the competitive landscape. They clutter the market with their presence through various offerings, including products and services.

However, it is vital to differentiate the product portfolio for a new entrant to embark on its position. Also, market penetration must be focused so that a strong brand position can be established.

In the case of the existing key competitors, mergers and acquisitions, product development, innovation, and partnerships are key market expansion modes that yield a competitive niche. Further, diversifying the technology used in the product is another key approach to bolster the market position.

Key Market Developments

In March 2020, Oracle acquired LiveData Utilities. The organization's strategic move helped the business expand its market presence. It also enabled the enterprise to develop a platform with Live Energy Connect (LEC), an operational technology (OT), as its two major components. This will enhance the scalability and integrity of the software.
In November 2023, Zoho invested £15 million to expand the business. The organization aimed to revolutionize the finance platform for accountants. The organization explores a new market niche through this strategic initiative.
In March 2024, Salesforce has launched its new software- Pro Suite. It is comprised of all-in-one CRM solutions. The business claims the software to be useful for emerging and growing businesses. With the help of this strategic move, the organization is tapping new clientele.

Key Coverage of AI-Powered CRM Platform Market Report

Coverage of market dynamics and lucrative market openings.
Analysis of the competitive space and possible niche in the market.
Developed and developed regions, creating possible market openings.
Categorical market analysis, emphasis placed on key segments.

Report Scope

Attributes	Details
Estimated Market Size in 2024	US$ 114.7 million
Projected Market Valuation in 2034	US$ 340.6 million
Value-based CAGR 2024 to 2034	11.50%
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Market Analysis	Value in US$ million/billion
Key Regions Covered	North America Latin America Western Europe Eastern Europe South Asia and Pacific East Asia The Middle East and Africa
Key Market Segments Covered	Solution Industry Region
Key Countries Profiled	The United States Canada Brazil Mexico Germany The United Kingdom France Spain Italy Poland Russia Czech Republic Romania India Bangladesh Australia New Zealand China Japan South Korea GCC Countries South Africa Israel
Key Companies Profiled	HubSpot CRM Freshsales Pipedrive Zoho CRM Zendesk Sell ClickUp Durable C3.ai Salesforce Sales Cloud itransition

AI-Powered CRM Platform Market- Key Segments

By Solution:

Sales Automation
Marketing Automation
Customer Service and Support
Analytics and Reporting
Others

By Industry:

Finance, Manufacturing & Resources
Distribution Services
Services
Public Sector
Infrastructure

By Region:

North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
The Middle East and Africa

Frequently Asked Questions

At what rate is the AI-powered CRM platform market progressing during the forecasted period?

The AI-powered CRM platform market is forecasted to progress at a CAGR of 11.50% through 2034.

What is the scope of growth for the AI-powered CRM platform market by 2034?

The AI-powered CRM platform market is expected to reach US$ 340.6 million by 2034.

What will the market valuation of the AI-powered CRM platform market be by 2024?

The AI-powered CRM platform market reached US$ 114.7 million in 2024.

By solution, which category is the largest market shareholder in the AI-powered CRM platform market?

The AI-powered CRM platform's customer service and support is 36.9%.

By industry, which category is the largest AI-powered CRM platform market shareholder?

The AI-powered CRM platform's customer service and support is 28%.

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Investment Feasibility Matrix

3.5. PESTLE and Porter’s Analysis

3.6. Regulatory Landscape

3.6.1. By Key Regions

3.6.2. By Key Countries

3.7. Regional Parent Market Outlook

4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034

4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023

4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Solution

5.1. Introduction / Key Findings

5.2. Historical Market Size Value (US$ Million) Analysis By Solution, 2019 to 2023

5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Solution, 2024 to 2034

5.3.1. Sales Automation

5.3.2. Marketing Automation

5.3.3. Customer Service and Support

5.3.4. Analytics and Reporting

5.3.5. Others

5.4. Y-o-Y Growth Trend Analysis By Solution, 2019 to 2023

5.5. Absolute $ Opportunity Analysis By Solution, 2024 to 2034

6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Industry

6.1. Introduction / Key Findings

6.2. Historical Market Size Value (US$ Million) Analysis By Industry, 2019 to 2023

6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Industry, 2024 to 2034

6.3.1. Finance, Manufacturing & Resources

6.3.2. Distribution Services

6.3.3. Services

6.3.4. Public Sector

6.3.5. Infrastructure

6.4. Y-o-Y Growth Trend Analysis By Industry, 2019 to 2023

6.5. Absolute $ Opportunity Analysis By Industry, 2024 to 2034

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region

7.1. Introduction

7.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023

7.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034

7.3.1. North America

7.3.2. Latin America

7.3.3. Western Europe

7.3.4. Eastern Europe

7.3.5. South Asia and Pacific

7.3.6. East Asia

7.3.7. Middle East and Africa

7.4. Market Attractiveness Analysis By Region

8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

8.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

8.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

8.2.1. By Country

8.2.1.1. USA

8.2.1.2. Canada

8.2.2. By Solution

8.2.3. By Industry

8.3. Market Attractiveness Analysis

8.3.1. By Country

8.3.2. By Solution

8.3.3. By Industry

8.4. Key Takeaways

9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

9.2.1. By Country

9.2.1.1. Brazil

9.2.1.2. Mexico

9.2.1.3. Rest of Latin America

9.2.2. By Solution

9.2.3. By Industry

9.3. Market Attractiveness Analysis

9.3.1. By Country

9.3.2. By Solution

9.3.3. By Industry

9.4. Key Takeaways

10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

10.2.1. By Country

10.2.1.1. Germany

10.2.1.2. UK

10.2.1.3. France

10.2.1.4. Spain

10.2.1.5. Italy

10.2.1.6. Rest of Western Europe

10.2.2. By Solution

10.2.3. By Industry

10.3. Market Attractiveness Analysis

10.3.1. By Country

10.3.2. By Solution

10.3.3. By Industry

10.4. Key Takeaways

11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

11.2.1. By Country

11.2.1.1. Poland

11.2.1.2. Russia

11.2.1.3. Czech Republic

11.2.1.4. Romania

11.2.1.5. Rest of Eastern Europe

11.2.2. By Solution

11.2.3. By Industry

11.3. Market Attractiveness Analysis

11.3.1. By Country

11.3.2. By Solution

11.3.3. By Industry

11.4. Key Takeaways

12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

12.2.1. By Country

12.2.1.1. India

12.2.1.2. Bangladesh

12.2.1.3. Australia

12.2.1.4. New Zealand

12.2.1.5. Rest of South Asia and Pacific

12.2.2. By Solution

12.2.3. By Industry

12.3. Market Attractiveness Analysis

12.3.1. By Country

12.3.2. By Solution

12.3.3. By Industry

12.4. Key Takeaways

13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

13.2.1. By Country

13.2.1.1. China

13.2.1.2. Japan

13.2.1.3. South Korea

13.2.2. By Solution

13.2.3. By Industry

13.3. Market Attractiveness Analysis

13.3.1. By Country

13.3.2. By Solution

13.3.3. By Industry

13.4. Key Takeaways

14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

14.2.1. By Country

14.2.1.1. GCC Countries

14.2.1.2. South Africa

14.2.1.3. Israel

14.2.1.4. Rest of MEA

14.2.2. By Solution

14.2.3. By Industry

14.3. Market Attractiveness Analysis

14.3.1. By Country

14.3.2. By Solution

14.3.3. By Industry

14.4. Key Takeaways

15. Key Countries Market Analysis

15.1. USA

15.1.1. Market Share Analysis, 2023

15.1.1.1. By Solution

15.1.1.2. By Industry

15.2. Canada

15.2.1. Market Share Analysis, 2023

15.2.1.1. By Solution

15.2.1.2. By Industry

15.3. Brazil

15.3.1. Market Share Analysis, 2023

15.3.1.1. By Solution

15.3.1.2. By Industry

15.4. Mexico

15.4.1. Market Share Analysis, 2023

15.4.1.1. By Solution

15.4.1.2. By Industry

15.5. Germany

15.5.1. Market Share Analysis, 2023

15.5.1.1. By Solution

15.5.1.2. By Industry

15.6. UK

15.6.1. Market Share Analysis, 2023

15.6.1.1. By Solution

15.6.1.2. By Industry

15.7. France

15.7.1. Market Share Analysis, 2023

15.7.1.1. By Solution

15.7.1.2. By Industry

15.8. Spain

15.8.1. Market Share Analysis, 2023

15.8.1.1. By Solution

15.8.1.2. By Industry

15.9. Italy

15.9.1. Market Share Analysis, 2023

15.9.1.1. By Solution

15.9.1.2. By Industry

15.10. Poland

15.10.1. Market Share Analysis, 2023

15.10.1.1. By Solution

15.10.1.2. By Industry

15.11. Russia

15.11.1. Market Share Analysis, 2023

15.11.1.1. By Solution

15.11.1.2. By Industry

15.12. Czech Republic

15.12.1. Market Share Analysis, 2023

15.12.1.1. By Solution

15.12.1.2. By Industry

15.13. Romania

15.13.1. Market Share Analysis, 2023

15.13.1.1. By Solution

15.13.1.2. By Industry

15.14. India

15.14.1. Market Share Analysis, 2023

15.14.1.1. By Solution

15.14.1.2. By Industry

15.15. Bangladesh

15.15.1. Market Share Analysis, 2023

15.15.1.1. By Solution

15.15.1.2. By Industry

15.16. Australia

15.16.1. Market Share Analysis, 2023

15.16.1.1. By Solution

15.16.1.2. By Industry

15.17. New Zealand

15.17.1. Market Share Analysis, 2023

15.17.1.1. By Solution

15.17.1.2. By Industry

15.18. China

15.18.1. Market Share Analysis, 2023

15.18.1.1. By Solution

15.18.1.2. By Industry

15.19. Japan

15.19.1. Market Share Analysis, 2023

15.19.1.1. By Solution

15.19.1.2. By Industry

15.20. South Korea

15.20.1. Market Share Analysis, 2023

15.20.1.1. By Solution

15.20.1.2. By Industry

15.21. GCC Countries

15.21.1. Market Share Analysis, 2023

15.21.1.1. By Solution

15.21.1.2. By Industry

15.22. South Africa

15.22.1. Market Share Analysis, 2023

15.22.1.1. By Solution

15.22.1.2. By Industry

15.23. Israel

15.23.1. Market Share Analysis, 2023

15.23.1.1. By Solution

15.23.1.2. By Industry

16. Market Structure Analysis

16.1. Competition Dashboard

16.2. Competition Benchmarking

16.3. Market Share Analysis of Top Players

16.3.1. By Regional

16.3.2. By Solution

16.3.3. By Industry

17. Competition Analysis

17.1. Competition Deep Dive

17.1.1. HubSpot CRM

17.1.1.1. Overview

17.1.1.2. Product Portfolio

17.1.1.3. Profitability by Market Segments

17.1.1.4. Sales Footprint

17.1.1.5. Strategy Overview

17.1.1.5.1. Marketing Strategy

17.1.2. Freshsales

17.1.2.1. Overview

17.1.2.2. Product Portfolio

17.1.2.3. Profitability by Market Segments

17.1.2.4. Sales Footprint

17.1.2.5. Strategy Overview

17.1.2.5.1. Marketing Strategy

17.1.3. Pipedrive

17.1.3.1. Overview

17.1.3.2. Product Portfolio

17.1.3.3. Profitability by Market Segments

17.1.3.4. Sales Footprint

17.1.3.5. Strategy Overview

17.1.3.5.1. Marketing Strategy

17.1.4. Zoho CRM

17.1.4.1. Overview

17.1.4.2. Product Portfolio

17.1.4.3. Profitability by Market Segments

17.1.4.4. Sales Footprint

17.1.4.5. Strategy Overview

17.1.4.5.1. Marketing Strategy

17.1.5. Zendesk Sell

17.1.5.1. Overview

17.1.5.2. Product Portfolio

17.1.5.3. Profitability by Market Segments

17.1.5.4. Sales Footprint

17.1.5.5. Strategy Overview

17.1.5.5.1. Marketing Strategy

17.1.6. ClickUp

17.1.6.1. Overview

17.1.6.2. Product Portfolio

17.1.6.3. Profitability by Market Segments

17.1.6.4. Sales Footprint

17.1.6.5. Strategy Overview

17.1.6.5.1. Marketing Strategy

17.1.7. Durable

17.1.7.1. Overview

17.1.7.2. Product Portfolio

17.1.7.3. Profitability by Market Segments

17.1.7.4. Sales Footprint

17.1.7.5. Strategy Overview

17.1.7.5.1. Marketing Strategy

17.1.8. C3.ai

17.1.8.1. Overview

17.1.8.2. Product Portfolio

17.1.8.3. Profitability by Market Segments

17.1.8.4. Sales Footprint

17.1.8.5. Strategy Overview

17.1.8.5.1. Marketing Strategy

17.1.9. Salesforce Sales Cloud

17.1.9.1. Overview

17.1.9.2. Product Portfolio

17.1.9.3. Profitability by Market Segments

17.1.9.4. Sales Footprint

17.1.9.5. Strategy Overview

17.1.9.5.1. Marketing Strategy

17.1.10. itransition

17.1.10.1. Overview

17.1.10.2. Product Portfolio

17.1.10.3. Profitability by Market Segments

17.1.10.4. Sales Footprint

17.1.10.5. Strategy Overview

17.1.10.5.1. Marketing Strategy

18. Assumptions & Acronyms Used

19. Research Methodology

AI-Powered CRM Platform Market

An analysis of the AI-powered CRM Platform Market by Sales Automation, Marketing Automation, Customer Service and Support and Other Solutions from 2024 to 2034