Salesforce CRM Document Generation Software Market Size

Salesforce CRM Document Generation Software Market size was over USD 973.6 million in 2023 and is set to cross USD 3.52 billion by 2036, witnessing more than 10.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of salesforce CRM document generation software is estimated at USD 1.05 billion. The market is estimated to grow on the back of increasing shift from Excel to CRM software by companies to improve customer experience and enhance productivity. According to estimates, about 60% of organizations adopted CRM technology within five years of its launch. The utilization rate of CRM in the organization is estimated to be around 75% by the sales team, 40% by the marketing team, and around 42% by the customer services.

The global salesforce CRM document generation software market is also estimated to grow on account of rising digitalization and increasing penetration of internet with high frequency bandwidths in large and small enterprises. For instance, in 2022, global spending on digital transition was around ~USD 1.7 trillion and by the end of 2025, it is expected to reach ~USD 2.7 trillion. Organizations are focusing on adoption of new technologies and planning experiments with each domain of their business which includes sales, human resources and other business operations. Since these operations are sometimes too complex to handle manually, so organizations tend to look for simpler ways to function within limited workforce and company budget. Hence, the demand for salesforce CRM document generation software market is anticipated to grow to provide large amount of data in an efficient, reliable and secure manner.