The global Partner Relationship Management market size is expected to be worth around US$ 200.1 billion by 2030, according to a new report by Vision Research Reports.
The global Partner Relationship Management market size was valued at US$ 58.4 billion in 2020 and is anticipated to grow at a CAGR of 18.2% during forecast period 2021 to 2030.
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Report Coverage
| Report Scope | Details |
| Market Size | USD 200.1 billion by 2030 |
| Growth Rate | CAGR of 18.2% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Component, Service, Deployment type, Organization size, Application |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Oracle Corporation; Salesforce.com,Inc.; Channeltivity; Allbound, Inc.; Zinfi Technologies |
Growth Factors
The rising popularity of connected devices and the (IoT) is anticipated to drive the demand for Partner Relationship Management (PRM). Furthermore, the need to control the functional relationship between external partner channels and organizations and focus on improving partner communications and reducing channel management costs will support the market for partner relationship management. However, data privacy and security threats are projected to hinder market growth.
Key Players
Market Segmentation
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