Market Snapshot:
Customer Success Software is software that offers a unified, 360-degree view of all customer data pulled and combined from third-party applications such as email, CRM services, live chat, customer support ticket, and more for the companies. Customer success software offers features like customer engagement analytics, customer health scoring, and workflow automation complete customer profiles, real-time insights, and product usage tracking. These products are used by customer success and sales teams for the purpose of optimizing customer relationships. This has projected the growth of the global customer success software market in the forecast period.
Highlights from Customer Success Software Market Study
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The key Players profiled in the report are Gainsight (United States), Salesforce (United States), Freshworks (United States), Totango (United States), Amity (Canada), Strikedeck (United States), ChurnZero (United States), ClientSuccess (United States), Bolstra (United States) and Salesmachine (United States). Additionally, other players that are part of this comprehensive study are UserIQ (United States), Planhat (Sweden), AppsForOps (Australia), Catalyst (United States), Armatic Technologies (United States), CustomerSuccessBox (United States), Client Share (England), Wootric (United States), Komiko (United States) and Akita (Ireland).
Geographic Breakdown and Segment Analysis
The Global Customer Success Software market presents a comprehensive analysis of the Customer Success Software market by end-user/application (Customer Experience Management, Sales and Marketing Management, Risk and Compliance Management, Customer Service and Others (Revenue Management and Loyalty Management)), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Customer Success Software industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Customer Success Software market
Analyst at AMA have segmented the market study of Global Customer Success Software market by Type, Application and Region.
Influencing Trend:
Rising Adoption of Artificial Intelligence and Machine Learning Technology
Market Growth Drivers:
Rising Demand for Advanced Solutions to Monitor Customer Scores and Reduce Churn and Increasing Data Volume Due to Increased Digitalization
Challenges:
Data Aggregation and Synchronization from Multiple Silos
Restraints:
Data Security and Privacy Concerns
Opportunities:
Increasing Investment in Customer Success Platform Startups
Market Developments Activities:
In November 2023, Gainsight has acquired Totango, a provider of CSS automation and analytics software. The deal will combine Gainsight's customer success data platform with Totango's automation and analytics capabilities to create a more comprehensive CSS platform.
In November 2023, Gainsight has launched Canvas, a no-code customer success platform that empowers businesses to create and run customer success campaigns without the need for ongoing custom implementation services. Canvas is designed to make customer success more accessible and affordable for businesses of all sizes.
The market analysis entails a section solely dedicated for major players in the Customer Success Software Market wherein our analysts provide an insight to the financial statements of all the major players along with its key developments product benchmarking and SWOT analysis. The company profile section also includes a business overview and financial information. The companies that are provided in this section can be customized according to the client’s requirements.
Key Target Audience
Customer Success Software Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others