The increase in the adoption of cloud and IOT technologies is the main driver for the growth of the customer information system (CIS) market.
PORTLAND, PORTLAND, OR, USA, March 15, 2022 /EINPresswire.com/ — High cost of software implementation and lack of understanding among SMB employees are hampering customer information system market growth (CIS). Furthermore, the rapid increase in the use of AI infrastructure is expected to create significant opportunities for the customer information system (CIS) market.
The global Customer Information System (CIS) market is segmented on the basis of components, services, deployment, applications, and regions. Based on components, the market is divided into software and services. The service segment is further segmented into 24/7 support service, product update service, repair and testing service. Based on deployment mode, the market is divided into cloud and on-premises. Based on the application, it is classified into electricity management, utility management, water and wastewater management, etc. Based on the region, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.
Major industry players – Oracle, Fluentgrid, IBM Corporation, wipro, Cayenta CIS, Gentrack, Sap utilities, Itineris, Hydro-comp and Fathom.
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The report offers key drivers propelling the growth of the global Customer Information System market. This information helps market players design strategies to gain market presence. The research also pointed to market constraints. Opportunity insights are mentioned to help market players take further steps by determining the potential in untapped regions.
Key drivers propelling the market growth included in the report. Additionally, the challenges and restraining factors that may restrain the market growth are highlighted by analysts to prepare manufacturers for future challenges in advance.
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Finally, this report provides market insights in the most comprehensive way. The structure of the report has been kept to provide maximum business value. It provides essential insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those looking to enter the market.
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