Global Customer Information System (CIS) Market Overview:
The global customer information system (CIS) market is expected to grow at a slow pace during the forecast period, according to the AMA study. The rising number of smart city projects and the rising global utility consumption are expected to be some of the major factors aiding into the growth for the market. However, the market is expected to witness a slight decline in the growth during the next few years but it is again expected to rise with a healthy pace after the COVID-19 pandemic is over. Some of the key players profiled in the study are SAP (Germany), IBM (United States), Iorcale (United States), Gentrack Group (New Zealand), Cayenta Canada Inc (Canada), ATS (United States), Wipro (India), Vertexone (United States), Ferranti Computer Systems (Belgium), Avertra (United States), Hydro-Comp (Cyprus), COGSDALE CORPORATION (Canada), NORTHSTAR UTILITIES SOLUTIONS (Canada), Advanced Utility Systems (Canada), Milestone Utility Services (United States) and Fathom (Australia).
On the basis of geography, the market of Customer Information System (CIS) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by , the sub-segment i.e. will boost the Customer Information System (CIS) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Number of Smart City Projects
- The Rising Global Utility Consumption
- Growth in Adoption of Cloud-based Customer Information Systems
- The Outbreak of COVID-19 Pandemic is one of the Major Restraints for the Market as Most of the Industries have been Facing Economic Crisis Across the World
- Stringent Government Data Regulations
- Implementation of AI With Customer Information System
- Cyber Security Challenges
Stringent Worldwide Government Regulations Regarding Shutting Down the Production & Services Across Different Countries of the World to Avoid the Spread of COVID-19
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time.
Major Objectives Focused through this Study To define, describe, and forecast the Global Customer Information System (CIS) market on the basis of product [Cloud and On-premises] , application [Water & Wastewater Management, Electricity & Power Management, Utility Gas Management and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Customer Information System (CIS) market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Customer Information System (CIS) industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Customer Information System (CIS) market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.