Is Oracle a good CRM stock to buy?

If you’re looking for a smaller player in CRM with massive upside, look no further than HubSpot. Even though Oracle only had about 5% of the global CRM market share as of 2020, it’s still a great stock to consider adding at this time for exposure to the CRM industry and more.

What is a CRM system?

See the industry-leading customer relationship management (CRM) cloud solution. A CRM system gathers, links, and analyzes all collected customer data, including contact information, interactions with company representatives, purchases, service requests, assets, and quotes/proposals.

How big is the CRM market?

The CRM market size was valued at $41.93 billion in 2019 and is projected to reach $96.39 billion by 2027, growing at a CAGR of 11.1% from 2020 to 2027. More and more companies are using CRM solutions to acquire more sales leads, improve the sales pipeline, boost productivity, and improve customer satisfaction.

What are CRM tools & software?

CRM tools and software help you streamline the customer engagement process, close more sales deals, establish strong customer relationships, build customer loyalty, and ultimately increase sales and profits. Who should use a CRM? CRM tools have almost always been seen as sales tools.