Regionally, the global salesforce CRM document generation software market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America industry is set to account for largest revenue share by 2036, accredited to presence of strong IT infrastructure and growing demand for automated document generation software by business organizations to increase their productivity levels and enhance operational efficiency. According to recent statistics, in 2022, the United States IT industry accounts for more than 32% of the global tech market.
Further, the market in the Asia Pacific is estimated to gain the highest growth during the forecast period, owing to the rising digitalization of companies along with increase in government support through various policies and investments. In India, around USD 11.58 billion was allocated to the IT and telecom sector in the Union Budget 2022-23, according to the India Brand Equity Foundation data. Apart from this, adoption of latest technology along with continuous growth and fast paced transactions in the IT industry are some of the other secondary factors which are anticipated to drive the salesforce CRM document generation software market growth in the APAC region.
Author Credits: Abhishek Verma
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